4.1 HRSR 09-08-2015 DRAFT Item 4.1
Elk Meeting of the Elk River
River Housing and Redevelopment Authority
Held at the Elk River City Hall
Monday, August 3, 2015
Members Present: Chair Wilson,Commissioners Burandt and Chuba
Members Absent: Commissioners Kuester and Toth
Staff Present: Economic Development Director Amanda Othoudt,Economic
Development Specialist Colleen Eddy,Finance Director Tim Simon,and
Recording Secretary/Sr.Administrative Assistant Debbie Huebner
I. Call Meeting to Order
Pursuant to due call and notice thereof,the meeting of the Elk River Housing and
Redevelopment Authority was called to order at 5:32 p.m. by Chair Wilson.
2. Pledge of Allegiance
The Pledge of Allegiance was recited.
3. Consider 8/3/15 Agenda
Moved by Commissioner Chuba and seconded by Commissioner Burandt to approve
the August 3, 2015, agenda. Motion carried 3-0.
4. Consent Agenda
Moved by Commissioner Chuba and seconded by Commissioner Burandt to approve
the following consent agenda:
4.1a July 6,2015 Special Meeting Minutes
4.1b July 6,2016 Regular Meeting Minutes
4.2 Check Register
4.3 Balance Sheet
4.4 Revenue/Expenditure Report
Motion carried 3-0.
5. Open Forum - No one appeared for Open Forum.
6.1 Public Hearings -None
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7.1 2016 Budget
Ms. Othoudt reviewed changes made in the HRA budget as a result of the August workshop
discussion.
Motion by Commissioner Chuba and seconded by Commissioner Burandt to
approve Resolution 15-01, establishing the tax levy for the HRA for 2016. Motion
carried 3-0.
7.2 HRA/EDA Strategic Plan
Ms. Othoudt presented the staff report.
Motion by Commissioner Chuba and seconded by Commissioner Burandt to
approve the 2017-2020 Strategic Plan for the HRA/EDA. Motion carried 3-0.
7.3 CMHP Housing Rehab Update
The staff report was presented by Colleen Eddy.
Motion by Commissioner Burandt and seconded by Commissioner Chuba to
approve the mortgage and repayment agreement for Samuel and Audrey Mahon,601
6th St.NW. Motion carried 3-0.
7.4 Blighted Properties Demolition and Forgivable Residential Loan Program
Ms. Othoudt presented the staff report. She reviewed details of the proposed loan program.
She noted that funding for the program would come from the HRA Reserves fund balance.
Chair Wilson questioned the need for an appraisal. Ms. Othoudt stated the appraisal would
help to determine whether or not a project was feasible. He suggested decreasing the
maximum points Item 1 on page 4 by 5 points and increasing Item 3 maximum by 5 points.
Commissioner Chuba concurred,and asked if City Council approval or public hearings
would be required. Ms. Othoudt stated no,not at this level.
Ms. Othoudt asked if the HRA had a recommendation regarding an application fee.
Commissioner Chuba stated he would like to keep the few low,and suggested$100.
Commissioner Burandt and Ms. Othoudt concurred.
Discussion followed regarding whether or not to limit applications to owner-occupied
properties. Chair Wilson stated that the applicant would need to qualify as owner-occupied
at closing. Ms. Othoudt added that a term to remain owner-occupied,such as five years,
could be added. Commissioner Chuba stated that he did not want the program to have too
many restrictions. Chair Wilson stated the program seems to be structured similar to
CMHP's program. He stated that they could see how the application process went and
review it in six months. Commissioner Chuba stated it did not matter to him who occupied
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July 6,2015
the property. Chair Wilson added that the goal is to achieve more stability in a
neighborhood.
Ms. Othoudt suggested forgiveness of the loan 5 years after completion of the project.
Chair Wilson stated that he would like to defer a decision on the loan programs to the
September meeting,since two commissioners were absent.
Ms. Othoudt noted that a couple of businesses have approached her that are very interested
in the commercial demolition program to redevelop a couple properties in Elk River.
Chair Wilson stated that he would prefer to wait to review the programs again next month
with a full Commission present before making a decision whether or not to approve the
proposed programs.
7.5 Blighted Properties Demolition and Forgivable Commercial/Industrial Loan
The staff report was presented by Amanda Othoudt. She reviewed changes made as a result
of last month's HRA meeting discussion. Chair Wilson stated he supported the$75,000
limit,since$200,000 could eat up the funding dollars very quickly.
Commissioner Burandt asked how the number of jobs and hourly wage requirement was
determined. Chair Wilson stated these numbers were recommended by their consultant.
Ms. Othoudt added that these numbers are consistent with the city's other microloan
programs.
8.1 Announcements
Chair Wilson noted that the HRA project to install new lighting on the trees in the
downtown has been completed. He noted that there are more lights and they are much
brighter than previously.
9. Adjournment
There being no further business,Chair Wilson adjourned the meeting. The meeting
adjourned at 6:15 p.m.
Minutes prepared by Debbie Huebner.
Tina Allard,City Clerk
Stewart Wilson,Chair
Housing&Redevelopment Authority