09-06-2016 HRA MIN 1
.-ElkMeeting of the Elk River
River Housing and Redevelopment Authority
Held at the Elk River City Hall
Tuesday, September 6, 2016
Members Present: Chair Toth, Commissioners Burandt,Chuba and Kuester. Commissioner
Eder arrived at 5:31
Members Absent: None
Staff Present: Economic Development Director Amanda Othoudt, Economic
Development Specialist Colleen Eddy and Recording Secretary/Sr.
Administrative Assistant Debbie Huebner
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 5:30 p.m. by Chair Toth.
2. Pledge of Allegiance
�. The Pledge of Allegiance was recited.
3. Consider 9/6/2016 Agenda
Moved by Commissioner Kuester and seconded by Commissioner Burandt to
approve the September 6,2016, agenda. Motion carried 4-0.
4. Consent Agenda
Commissioner Chuba asked for clarification on Item 4.5. Ms. Othoudt explained how the
money is disbursed.
Moved by Commissioner Chuba and seconded by Commissioner Eder to approve
the consent agenda,with correction to the minutes, as follows:
4.1 August, 1, 2016,Regular Meeting Minutes
4.2 Check Register
4.3 Balance Sheet
4.4 Revenue/Expenditure Report
4.5 Satisfaction of Repayment Agreement—Pizza Ranch
Motion carried 5-0.
..• 5. Open Forum
Housing and Redevelopment Minutes Page 2
September 6,2016
No one appeared for Open Forum.
6.I Public Hearings - None
7.I HRA Rehabilitation Program Update
Ms. Eddy presented the staff report. She noted that they have received four new
applications and eight projects have been completed. Ms. Eddy stated that an article on the
program is in the works for the Star News.
Discussion followed regarding the lead assessment process. Some discussion was also given
to available funds. The Commission was in agreement that they may need to look at
allocating additional funds to meet interest in the program. Ms. Eddy noted that the
informational video and the article coming in the Star News may generate even more
interest.
Commissioner Eder asked if the new applicants are looking at interior or exterior
improvements. Ms. Eddy stated that it is a mix of both. Commissioner Eder stated that
improvements to kitchens and bathrooms substantially increases the value of a home. She
felt there may be an increase in refinancing,with payoff of the HRA rehab loan.
Ms. Eddy stated there may be a workshop after next month's (October 3) regular meeting,
looking at the targeted area and possible expansion of the area. Ms. Othoudt noted that they
will also look at the Coon Rapids program, and the possibility of including the age of the
home. She noted they will tally the amount of payments received and the total amount lent.
8. Announcements
There were no announcements.
9. Adjournment
Chair Toth adjourned the meeting at this time.
The meeting adjourned at 5:55 p.m.
Minutes prepared by Debbie Huebner.
/ F
Tina Allard,City Clerk
..
Larry To
Housing&Redevelopment Authority