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08-13-2015 HRA MINMeeting of the Elk 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. S. Open Forum - No one appeared for Open Forum. 6.1 Public Hearings - None Page 2 Housing and Redevelopment Minutes July 6, 2015 7.1 2016 Budget es made in the HRA budget as a result of the August workshop Ms. Othoudt reviewed chang discussion. Motion by Commissioner Chuba and seconded by Commissioner Burandt to a olution 15 -01, establishing the tax levy for the HRA for 2016. Motion PP rove Res carried 3 -0. 7.2 MRA/EDA Strategic plan Housing and Redevelopment Minutes Page 3 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 llreparejXb eb `�e Huebner. Tina Allard, City Clerk Stewart Wilson, Chair Housing & Redevelopment Authority