02-04-2019 HRA MINRegular Meeting of the Elk River
Housing and Redevelopment Authority
Held at the Elk River City Hall
Monday, February 4, 2019
Members Present: Chair Larry Toth, Commissioners Denny Chuba, Michelle Eder, and Nate
Ovall
Members Absent: Commissioner Louise Kuester
Staff Present: Economic Development Director Amanda Othoudt, Economic
Development Specialist Colleen Eddy, and Sr. Administrative
Assistant/Recording Secretary Jennifer Green
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 5:30 p.m. by Chair Toth.
2. Oath of Office
The Oath of Office for Larry Toth was administered by Ms. Othoudt.
3. Pledge of Allegiance
The Pledge of Allegiance was recited.
4. Consider 02/04/2019 Agenda
A moment of silence was taken on behalf of the passing of Commissioner Kuester's
husband, John.
Motion by Commissioner Ovall and seconded by Commissioner Eder to approve the
February 4, 2019, HRA agenda.
Motion carried 4-0.
S. Consent Agenda
Moved by Commissioner Ovall and seconded by Commissioner Chuba to approve
the February 4, 2019, consent agenda as follows:
5.1 January 7, 2019, regular meeting minutes;
January 14, 2019, special meeting minutes.
5.2 Check Register.
Housing and Redevelopment Minutes
February 4, 2019
5.3 Balance Sheet.
5.4 Revenue/Expenditure Report.
5.5 Attendance Policy
5.6 Modifications/Amendments to the Municipal Housing and
Redevelopment Act
5.7 Confirmation and Recognition of New Commissioners
Motion carried 4-0.
6. Open Forum
No one appeared for Open Forum.
7. Public Hearings
There were no public hearings.
8.1 Election of Officers and Establish Terms
Ms. Othoudt presented the staff report.
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It was the consensus of the commission to continue the same officers and terms as outlined
for 2018.
Motion by Commissioner Chuba and seconded by Commissioner Eder to approve
the election of officers for 2019 as follows:
Chair: Larry Toth
Vice Chair: Dennis Chuba
Secretary: Michelle Eder
Executive Director: Amanda Othoudt
Motion carried 4-0.
8.2 Designation of Committee Assignments
Ms. Othoudt presented the staff report.
It was the consensus of the commission that there was no need for any new committee
creations.
Motion by Commissioner Chuba and seconded by Commissioner Ovall to approve
the continuation of the members of the Joint Finance Committee as follows:
EDA: Dan Tveite Banking: Chad Vitzthum
EDA: Bryan Provo Legal: Rhonda J. Magnussen
HRA: Michelle Eder Real Estate: Ryan Hardin
HRA: Larry Toth At Large: Jim Gromberg
Banking: Nate Ovall
Housing and Redevelopment RZinutes
February 4, 2019
-----------------------------
Motion carried 4-0.
8.3 2018 Annual Report
Ms. Othoudt presented the staff report and distributed copies of the PowerPoint
presentation.
8.4 HRA Housing Rehabilitation Loan Program
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Ms. Othoudt presented the staff report. She indicated the loans currently serviced through
CMHP will be transferred to CEE and an agreement would be drafted and reviewed by the
HRA at a future meeting.
Chair Ovall suggested the bracketed sentences in red under Loan -to -Value Ratio on page 3
of Exhibit A, Program Guidelines, be struck. The HRA concurred.
Motion by Commissioner Ovall and seconded by Commissioner Chuba to approve
the loan origination agreement with CEE as outlined in the staff report.
Motion carried 4-0.
Motion by Commissioner Ovall and seconded by Commissioner Chuba to approve
the program guidelines for the HRA Rehab Loan Program as outlined in the staff
report with the amendment as outlined above.
Motion carried 4-0.
Motion by Commissioner Ovall and seconded by Commissioner Eder to approve the
Loan Servicing Contract with CEE as outlined in the staff report.
Motion carried 4-0.
Motion by Commissioner Chuba and seconded by Commissioner Eder to approve
the Subordination agreement and policy as outlined in the staff report.
Motion carried 4-0.
8.5 Business Subsidy Agreement
Ms. Othoudt presented the staff report.
HRA review the business subsidy policy and approve changes.
Motion by Commissioner Eder and seconded by Commissioner Chuba to approve
the Business Subsidy Agreement as outlined in the staff report.
Motion carried 4-0.
Housing and Redevelopment Minutes
February 4, 2019
9. Adjournment
Chair Toth adjourned the meeting at 6:02 p.m.
Minutes prepar by Jennifer Green.
Tina Allard, City Clerk
Larry Toth, Chair
Housing & Redevelopment Authority
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