7.2. HRSR 02-07-2022 ��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 7, 2022 Brent O'Neil, Economic Development Director
Item Description Reviewed by
Designation of Committee Assignments Cal Portner, City Administrator
Reviewed by
Action Requested
1. Nominate and approve,by motion,the appointment of two members the HRA-EDA 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 as
necessary.
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 commissioner assigned to the committee are Larry Toth and 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 U W E H E o s r
service, and community engagement that encourages and inspires prosperity ,g /` UR