04-06-2020 HRA MIN ---- ,
ii,of
,'� Virtual Meeting of the Elk River
River Housing and Redevelopment Authority
Held at the Elk River City Hall
Monday, April 6, 2020
(Due to COVID-I9 Pandemic)
Members Present: Chair Larry Toth,Commissioners Denny Chuba,Michelle Eder,and Jayme
Swenson
Members Absent: Commissioner Nate Ovall
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 Rik River Housing and
Redevelopment Authority was called to order at 5:35 p.m.by Chair Toth.
2. Pledge of Allegiance
IIIThe Pledge of Allegiance was recited.
3. Consider April 6, 2020, Agenda
Ms. Othoudt added item 7.4 to the HRA agenda—419 3'Street.
Motion by Commissioner Eder and seconded by Commissioner Chuba to approve
the April 6,2020,HRA agenda with the addition of item 7.4.
Motion carried 4-0.
4. Consent Agenda
Moved by Commissioner Swenson and seconded by Commissioner Eder to approve
the April 6,2020,consent agenda as follows:
4.1 Meeting minutes:
March 2,2020, Regular
March 2,2020, Closed
April 3,2020,Closed
4.2 Check Register as outlined in the staff report.
4.3 Balance Sheet as outlined in the staff report.
4.4 Revenue/Expenditure Report as outlined in the staff report.
0
Motion carried 4-0.
Housing and Redevelopment Minutes Page 2
April 6,2020
5. Open Forum
Due to the meeting being virtual,there was no open forum.
6. Public Hearings
There were no public hearings.
7.1 HRA Housing Rehabilitation Loan Program
Ms. Othoudt presented the staff report.
7.2 Interfund Loan Resolution for Main and Gates
Ms. Othoudt presented the staff report.
Motion by Commissioner Eder and seconded by Commissioner Chuba to approve
Resolution 20-01 an interfund loan authorizing advance of funds to be reimbursed
with future tax increment as outlined in the staff report.
Motion carried 4-0.
7.3 Main and Gates Redevelopment TIF Analysis
410
Ms. Othoudt presented the staff report.
Motion by Commissioner Swenson and seconded by Commissioner Chuba to
approve the Main and Gates Redevelopment TIF Analysis proposal by LHB
Corporation as outlined in the staff report with costs not to exceed$5,600.
Motion carried 4-0.
7.4 419 3'd Street Purchase
Ms. Othoudt presented the staff report and provided copies of the staff report,purchase
agreement,and resolution for 419 3'Street,with a closing date on or before June 1,2020.
Motion by Commissioner Eder and seconded by Commissioner Swenson
to approve Resolution 20-02 authorizing the execution of a purchase agreement for
419 3" Street as outlined in the staff report with a closing date on or before June 1,
2020.
Motion carried 4-0.
8. Adjournment
Chair Toth adjourned the meeting at 5:50 p.m.
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Housing and Redevelopment Minutes Page 3
April 6,2020
Minutes p epare . Jennifer Green.
Tina Allard,City Clerk
TorlChair
Housing&Redevelopment Authority
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