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03-27-2000 HR MIN UNOFFICIAL • MEETING OF THE ELK RIVER HOUSING AND REDEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL MONDAY, MARCH 27, 2000 Members Present: Commissioners Kropuenske, and Toth Members Absent: Hinkle, Farber, and Wilson Staff Present: Marc Nevinski, Assistant Director; Pat Klaers, City Administrator; Tina Allard, Recording Secretary 1. Call Meeting To Order The HRA meeting was not called to order due to the lack of a quorum. The attending members did receive staff updates and had a brief discussion on some of the agenda items. Discussion was held regarding parking and traffic flow issues with the King and Main project. Including a penalty clause in the purchase agreement was • requested. Marc Nevinski discussed the revisions made to the Tax Increment Financing Policy and what the differences are between Tax Increment Financing and Tax Ab Cement./Jo ( it Tina Allard Record.,.g Secretary 1111