09-08-2020 HRA MINMembers Present:
Members Absent:
Staff Present:
Regular Meeting of the Elk River
Housing and Redevelopment Authority
Held at the Elk River City Hall
Monday, September 8, 2020
ChattLarry Toth, Commissioners Denny Chuba, Michelle Eder, Nate Ovall,
Jayme Swenson
None
Economic Development Director Amanda Othoudt and Economic
Development Specialist Colleen Eddy
t.
2.
3.
4.
Call Meeting to Order
Pursuant to due call and nodce thereof, the meeting of the Elk Rivet Housing and
Redevelopment Authority was called to order at 5:37 p.m. by Chair Toth.
Pledge of Allegiance
The Pledge of Allegiance was recited.
Consider September 8,2020, Agenda
Motion by Commissioner Chuba and seconded by Commissioner Eder to approve
the September 8,2020, HRA agenda.
Motion catried 5-0.
Consent Agenda
Commissioner Eder asked for clanftcation about item 4.5 and if holding 3'd subotdinate
position was allowed in the policy. She wasn't aware the HRA apptoved aloan being in 3'd
position and would that be allowed in future loan approvals. She asked for clarification that
the home equity line of credit would remain open even ^t a zeto balance.
Ms. Othoudt stated it was allowed in the policy and the city was currently in 3'd position. The
loan was approved pdor to CEE administering the loan program. Ms. Othoudt stated it
would not be Iikely that the HRA would be in any futute loan approvals in 3'd subordinate
position.
Moved by Commissioner Eder and seconded by Commissionet Swenson to approve
the September 8,2020, consent agenda as follows:
4.1 August 3,2020, minutes.
4.2 Check Register as outlined in the staff tepott.
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Housing and Redevelopment Minutes
September 8,2020
Page 2
4.3 Balance Sheet as outlined in the staff report.
4.4 Revenue/Expenditrre Repot as outlined in the staffreport.
4.5 CunninghamSubotdinationRequest.
Motion catded 5-0.
5. Open Forum
No one appeared for Open Forum.
5. Public Hearings
There were no public hearings.
7,1 HRA Housing Rehabilitation Loan Program Update
Ms. Othoudt ptesented the staff report.
Chair Toth asked what the loan modificadon would do for the past due homeownet.
Ms. Othoudt stated it would incorporate their unpaid pdncipal, intetest, and late fees and
roll them back into the loan, extending the term to allow the curent Payment to remain the
same, and bring their loan cuffent.
Commissioner Ovall asked if they are allowed to begin foreclosure proceedings yet.
Ms. Othoudt stated the HRA is still restricted due to COVID19. The homeowners are
cooperating.
7.2 Blighted Properties Residential Forgivable Loan Program and Policy
Ms. Othoudt presented the staff report.
Chair Toth asked if the council was required to review and approve before it could be
started.
Ms. Othoudt stated the council could review and approve the policy on the consent agenda
but it was not a requirement.
Commissioner Swenson asked about pageTof the policy, under Site Evaluation - Question
6, andwondeted how an applicant would find out that information.
Ms. Othoudt stated the county assessor could be contacted to ptovide that information.
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Housrng and Redevelopment Minutes
September 8,2020
Page 3
7.3
Motion by Commissioner Eder and seconded by Commissionet Chuba to aPprove
the Blighted Ptoperties Residential Forgivable Loan Ptogtam and Poliry as outlined
in the staffreport.
Motion caried 5-0.
2021 HRA Budget and Resolution Establishing HRA Levy
Ms. Othoudt ptesented the staff teport.
Motion by Commissionet Swenson and seconded by Commissioner Ovall to apptove
Resolution 20-04 establishing the HRA Ta>< Levy fot 2021and the 2021 HRA Budget
as outlined in the staff teport.
Motion caried 5-0.
Adjournment
Chair Toth adjoumed the meeting at5.43 p.m.
Minutes prepared by Jennifer Green.
8.
/t a
Tina Allard, City Clerk
Housing & Redevelopmerit Authority
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