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7.2. HRSR 02-01-2021 ��i City of Elk ' Request for Action River To Item Number Housing and Redevelopment Authority 7.2 Agenda Section Meeting Date Prepared by General Business February 1, 2021 Colleen Eddy, Economic Development Specialist Item Description Reviewed by Designation of Committee Assignments Cal Portner, City Administrator Reviewed by Action Requested 1. Approve by motion,the appointment of Denny Chuba to fill the HRA Vacancy on the Joint Finance Committee. 2. Consider any new committees and committee assignments of commissioners. Background/Discussion HRA Bylaws call for the creation of any new committees during the annual meeting, assign representative commissioners and determine assignments. Currently, the HRA hosts one special committee,the Joint Finance Committee. The Committee provides the HRA with a technical and politically neutral analysis of applications including microloan,tax abatement,and tax increment financing applications. They meet on the last Tuesday of the month. The Joint Finance Committee consists of nine (9) members: two (2) EDA members,two (2) HRA members, and at large members representing various constituencies,including banking,real estate,law, and the general community. Current members are: EDA: Dan Tveite Banking: Chad Vitzthum EDA: Charlie Blesener Legal: Rhonda J. Magnussen HRA: Michelle Eder Real Estate: Ryan Hardin HRA: Larry Toth At-Large: Vacancy Banking: Nate Ovall Financial Impact N/A Mission/Policy/Goal Per the HRA Bylaws Designation of Committee Assignments to Commissioners will be confirmed at the HRA Annual Meeting. Attachments ■ N/A The Elk River Vision A Y�elcoming community nvith revolutionary and spirited resourcefulness, exceptional p D W E H E D D Y service, and community engagement that encourages and inspires prosperity ,g /` UR