03-24-1997 HR MIN • MEETING OF THE ELK RIVER
HOUSING AND REDEVELOPMENT AUTHORITY
HELD AT THE ELK RIVER CITY HALL
MONDAY, MARCH 24, 1997
Members Present: Chair Schuldt, Commissioners Kropuenske and Wilson
Members Absent: Commissioners Hinkle and Farber
Staff Present: Paul Steinman, Executive Director; Pat Klaers, City Administrator;
Sandra Thackeray, City Clerk
1. 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 5:06 p.m. by Chair Schuldt.
2. Consider March 24, 1997, HRA Agenda
COMMISSIONER WILSON MOVED TO APPROVE THE MARCH 24, 1997, HRA AGENDA
AS PRESENTED. COMMISSIONER KROPUENSKE SECONDED THE MOTION. THE
MOTION CARRIED 3-0.
3. Consider Consent Agenda
COMMISSIONER KROPUENSKE MOVED TO APPROVE THE CONSENT AGENDA AS
FOLLOWS:
3.1. 2/24/97 HRA MINUTES-APPROVED
3.2. CHECK REGISTER-APPROVED
COMMISSIONER WILSON SECONDED THE MOTION. THE MOTION CARRIED 3-0.
4. Oren Mike
There was no one present for Open Mike.
5. Business Items
5.1. Discussion of King and Main Project Timing
Director of Economic Development Paul Steinman updated the Commissioners
on the King and Main project. He indicated that the two main issues involved
with the project are timing and financing. Paul Steinman reviewed the financing
and timing issues related to the project. He stated that the demolition is
anticipated to be delayed until sometime in May due to load limit restrictions.
HRA Meeting Minutes
March 24, 1997
Page 2
• Dennis Chuba, Developer of the project, identified some of the possible tenants
that he has been in contact with. He indicated he has received a lot of interest
from small users, but has no commitment for a main user and stated that without
a key tenant locked in, he cannot finance the project. Dennis Chuba suggested
that the HRA consider opening the project up to other developers. After
discussing the situation, it was the consensus of the Commissioners present not to
open the project up to other developers at this time. Commissioner Wilson
suggested putting up a sign on the site, following completion of the demolition,
advertising availability of the site.
COMMISSIONER WILSON MOVED TO AUTHORIZE THE DIRECTOR OF ECONOMIC
DEVELOPMENT TO INCUR EXPENSES NOT TO EXCEED$300 FOR THE PURPOSE OF
PLACING A SIGN ON THE SITE ADVERTISING AVAILABILITY. COMMISSIONER
KROPUENSKE SECONDED THE MOTION. THE MOTION CARRIED 3-0.
5.2. Strategic Planning Meeting with City Council
Paul Steinman informed the Commissioners that a meeting has been scheduled
for April 21, from 5- 6 p.m. to discuss the final strategic plan document. He
indicated that the meeting will be a joint meeting of the Council, HRA, EDA and
Planning Commission.
6. Other Business
MCPP Award - 1st Time Home Buyer Funding
Paul Steinman updated the Commissioners on the status of the MCPP Award. He
indicated that the City of Elk River has been allocated funding in the amount of
approximately$234,000 to be used for 1st time home buyers. He stated that there
is a good chance that more funding will be allocated at a later date. He also
informed the Commissioners that the City has received much interest in the
program from surrounding lenders.
7. Adjournment
There being no other business, COMMISSIONER KROPUENSKE MOVED TO ADJOURN
THE MEETING. COMMISSIONER WILSON SECONDED THE MOTION. THE MOTION
CARRIED 5-0.
The meeting of the Elk River Housing and Redevelopment Authority adjourned at
5:50 p.m.
Respectfully submitted,
P
Sandra Thackeray
City Clerk
411