HRA Packet for May 5, 2025
Housing and Redevelopment
Authority
Regular Meeting
Agenda
Monday, May 5, 2025
5:30 PM
Elk River City Hall
▪ Regular meeting in Council Chambers
1. CALL MEETING TO ORDER
2. PLEDGE OF ALLEGIANCE
3. CONSIDER AGENDA
4. CONSENT AGENDA
Considered to be routine and noncontroversial and will be approved by one motion. There will be no separate discussion of
these items unless there is a request to remove the item from the consent agenda to the regular agenda.
4.1 Draft HRA Minutes - April 7, 2025
4.2 Check Register
4.3 Balance Sheet
4.4 Revenue/Expenditure Report
5. OPEN FORUM
An opportunity to provide comments and feedback regarding items not on the agenda. Information provided in Open Forum
will not be discussed at this meeting; rather, the information will be referred to staff and/or scheduled for discussion at a
future meeting.
6. GENERAL BUSINESS
Items in which the information is presented by city staff or consultants, then deliberation and action occur. General Business
items are not opportunities to receive or provide public input. However, the presiding officer may, at its sole discretion,
solicit public feedback.
6.1 Furniture Placement at 724 Main Street
6.2 Consider Elk River Garden Gem Awards
6.3 Housing Rehabilitation Loan Program Update
6.4 General Updates
7. MOTION TO ADJOURN REGULAR MEETING
Page 1 of 36
Meeting of the Housing and
Redevelopment Authority
Held at the Elk River City Hall
Monday, April 7, 2025
Members Present:
Members Absent:
Staff Present:
Commissioner Dennis Chuba, Commissioner Nate Ovall, Commissioner Mel
Beaudry, John Dietz
Commissioner Lynn Caswell
Economic Development Director Brent O'Neil, Economic Development Specialist
Joshua Mollan, and Recording Secretary Jennifer Green
1.CALL MEETING TO ORDER
Pursuant to due call and notice thereof, the meeting was called to order at 5:30 PM.
2.PLEDGE OF ALLEGIANCE
The Pledge of Allegiance was recited.
3.CONSIDER AGENDA
Moved by Commissioner Ovall and seconded by Commissioner Dietz to approve the
agenda. Motion carried 4-0.
4.CONSENT AGENDA
Moved by Commissioner Ovall and seconded by Commissioner Dietz to approve the
following consent items as outlined in their respective reports. Motion carried 4-0.
4.1 Draft Minutes - March 3, 2025
4.2 Check Register
4.3 Balance Sheet
4.4 Revenue/Expenditure Reports
5.OPEN FORUM
No one appeared for Open Forum.
6.GENERAL BUSINESS
6.1 Housing Rehabilitation Loan Program Update DRAFTPage 2 of 36
Housing and Redevelopment Authority Minutes
April 7, 2025
---------
Page 2 of 4
Mr. Mollan presented the staff report. He noted CEE did not provide the monthly report at the time
the packet was completed. He stated staff will be meeting with CEE to discuss any outstanding topics
and lagging report receipt in May and will update the HRA after the meeting. He noted there will be an
ad in the Spring Home Improvement insert in next weekend's Star News.
6.2 Commissioner Compensation
Mr. O'Neil presented the staff report, which outlined what would be compensated. He noted if
adopted, HRA members would begin receiving compensation starting May 1, 2025.
Commissioner Beaudry asked about additional expenses being compensated, such as conferences,
mileage, meal reimbursement.
Mr. O'Neil stated those would be reimbursed as needed, but this meeting compensation is tied to HRA
meeting attendance, and all meetings count towards the $900 yearly cap, paying $75 per meeting. He
noted they do cancel one or two meetings a year, and they sometimes call special or closed meetings,
which would count.
Commissioner Beaudry asked how they would be paid.
Mr. O’Neil stated the HRA members would provide authorization for automatic payroll deposit.
Moved by Commissioner Dietz and seconded by Commissioner Mel Beaudry to adopt
Resolution 25-02 authorizing commissioner compensation as outlined in the staff report.
Motion carried 4-0.
Commissioner Ovall thanked staff for their work implementing this compensation.
6.3 State Affordable Housing Aid Disbursement Framework
Mr. O’Neil presented the staff report. He asked the HRA to consider the four different fund "buckets"
outlined in the staff report. He noted Habitat for Humanity is working towards forming a partnership
with the Elk River High School where students at the high school would build a home to move to a lot
chosen by Habitat for Humanity, and the city provide a portion of these funds to acquire the lot. This
project would take place during the 2025-2026 school year. He reviewed the other three funding
options.
Commissioner Ovall asked if there was any loan documentation required to show this money was
deployed since our loan volume is volatile.
Mr. O'Neil stated it was possible; the HRA would have 4 years to spend the funds and documentation is
required, returning unspent dollars from the state. He stated one caveat is if they were to deposit the
funds into a housing trust fund; the state would consider those as spent funds and the HRA would not
have to return them as unspent funds.
Commissioner Beaudry noted it will be challenging to find a lot for the Habitat for Humanity house.
Chair Chuba agreed. They both asked if the city would buy a home in tough shape and refurbish.
Mr. O'Neil stated that was an option, noting both would be challenging. DRAFTPage 3 of 36
Housing and Redevelopment Authority Minutes
April 7, 2025
---------
Page 3 of 4
Commissioner Dietz asked questions about the trust funds and how they're invested and when the
funds have to be spent.
Mr. O’Neil will check to see if it can be invested. He stated they have until the end of 2027 to spend
the first allocation the city has received.
Commissioner Ovall asked about providing emergency funds for residents, such as Elk River Municipal
Utilities customers, or catastrophic repairs.
Commissioner Dietz stated this was timely as many residents don't realize homeowners own the water
line out to the street and the cost of repairs is high.
Mr. O'Neil stated commercial properties wouldn't qualify, but residential would if it affects essential
services to the residents.
Commissioner Ovall asked about the excess cash on hand.
Commissioner Dietz liked the options presented and have the HRA continue discussing the fourth
option of funds.
Commissioner Ovall felt the fourth option of funds could be dispersed into the other three fund
options.
Mr. O'Neil stated the $25,000 for Habitat for Humanity was an initial amount and excess funds could be
used for future lot purchases.
It was the consensus of the HRA to bring in a representative from Habitat for Humanity to discuss their
project, and continue discussions on how to best distribute these funds.
6.4 General Updates
Mr. O'Neil presented the staff report.
- Small Area Downtown Plan open house will be April 22.
- Staff will work with DERBA on an agreement to place the picnic tables and large chair downtown.
- Hanging baskets will be arriving soon.
- Main and Gates: siding, working on finding a tenant that can occupy the property west of them.
September will be their target open date.
7. MOTION TO ADJOURN REGULAR MEETING
Moved by Commissioner Ovall and seconded by Commissioner Beaudry to adjourn the
meeting. Motion carried 4-0.
The meeting adjourned at 5:57 p.m.
Minutes prepared by Jennifer Green.
DRAFTPage 4 of 36
Housing and Redevelopment Authority Minutes
April 7, 2025
---------
Page 4 of 4
_________________
Denny Chuba, Chair
___________________
Tina Allard, City Clerk
DRAFTPage 5 of 36
CITY OF ELK RIVER Unpaid Invoice Report - HRA Page: 1
Report dates: ALL-ALL May 01, 2025 02:09PM
Report Criteria:
Invoice Detail.GL account = {>=} "910"
Invoice Detail.GL account = {<=} "920"
Invoice Sequence Description Type Invoice Due Invoice Net Invoice GL Account
Number Number Date Date Amount Check Amount Number
CITY OF ELK RIVER
910
4-2025 HRA 1 HRA SALARIES - APR 2025 Invoice 05/01/2025 05/05/2025 6,652.74 6,652.74 910-4-6100-4101
4-2025 HRA 2 HRA SALARIES - APR 2025 Invoice 05/01/2025 05/05/2025 498.96 498.96 910-4-6100-4104
4-2025 HRA 3 HRA SALARIES - APR 2025 Invoice 05/01/2025 05/05/2025 412.47 412.47 910-4-6100-4105
4-2025 HRA 4 HRA SALARIES - APR 2025 Invoice 05/01/2025 05/05/2025 96.46 96.46 910-4-6100-4107
4-2025 HRA 5 HRA SALARIES - APR 2025 Invoice 05/01/2025 05/05/2025 963.60 963.60 910-4-6100-4108
Total 17440 CITY OF ELK RIVER: 8,624.23 8,624.23
Total 910: 8,624.23 8,624.23
YARDWORX OUTDOOR SERVICES
910
16913 1 SEASONAL FLOWER INSTALL-MAY Invoice 04/01/2025 05/01/2025 5,400.00 5,400.00 910-4-6100-4409
16913 2 BASKET UPKEEP - MAY Invoice 04/01/2025 05/01/2025 3,001.14 3,001.14 910-4-6100-4409
Total 14715 YARDWORX OUTDOOR SERVICES: 8,401.14 8,401.14
Total 910: 8,401.14 8,401.14
E C M PUBLISHERS INC
910
1044049 1 FALL HOME IMPROVE ADV-HRA Invoice 04/13/2025 05/12/2025 365.00 365.00 910-4-6100-4349
Total 14130 E C M PUBLISHERS INC: 365.00 365.00
Total 910: 365.00 365.00
GOLDEN SHOVEL AGENCY LLC
910
INV-2025103 1 GATEKEEPER SERVICE-HRA Invoice 01/19/2025 02/19/2025 6,047.00 6,047.00 910-4-6100-4349
Total 12878 GOLDEN SHOVEL AGENCY LLC: 6,047.00 6,047.00
Total 910: 6,047.00 6,047.00
Total : 23,437.37 23,437.37
Grand Totals: 23,437.37 23,437.37
Summary by General Ledger Account Number
GL Account Number Debit Credit Net
910-4-6100-4101 6,652.74 .00 6,652.74
910-4-6100-4104 498.96 .00 498.96
910-4-6100-4105 412.47 .00 412.47
910-4-6100-4107 96.46 .00 96.46
Page 6 of 36
CITY OF ELK RIVER Unpaid Invoice Report - HRA Page: 2
Report dates: ALL-ALL May 01, 2025 02:09PM
Summary by General Ledger Account Number
GL Account Number Debit Credit Net
910-4-6100-4108 963.60 .00 963.60
910-4-6100-4349 6,412.00 .00 6,412.00
910-4-6100-4409 8,401.14 .00 8,401.14
Grand Totals: 23,437.37 .00 23,437.37
Summary by General Ledger Posting Period
GL Posting Period Debit Credit Net
00/00 23,437.37 .00 23,437.37
Grand Totals:
23,437.37 .00 23,437.37
Report Criteria:
Invoice Detail.GL account = {>=} "910"
Invoice Detail.GL account = {<=} "920"
Page 7 of 36
CITY OF ELK RIVER
Balance Sheet
April 30, 2025
Fund 910 - HRA
Assets
910-1000 Cash - HRA 1,411,130.28
910-1190 Loans Receivable 191,362.46
910-1193 Forgivable Loan 75,000.00
910-1194 Allow for Forgivable Loan (75,000.00)
910-1195 Note Receivable 400,000.00
910-1310 Due From Other Funds 152,710.43
Total Assets 2,155,203.17
Fund Equity
910-2400 Fund Balance 2,176,896.63
Revenues over Expenditures - YTD (21,693.46)
Total Fund Equity 2,155,203.17
Total Liabilities & Equity 2,155,203.17
Page 8 of 36
CITY OF ELK RIVER
Revenues with Comparison to Budget
For the Month Ending April 30, 2025
Fund 910 - HRA
Period Actual YTD Actual Budget Unearned PCNT
910-3-0000-3111 Property Taxes - - 439,950.00 (439,950.00) 0%
910-3-0000-3621 Interest Income 578.10 9,482.26 5,000.00 4,482.26 190%
Total Fund Revenue 578.10 9,482.26 444,950.00 (435,467.74) 2%
Page 9 of 36
CITY OF ELK RIVER
Expenditures with Comparison to Budget
For the Month Ending April 30, 2025
Fund 910 - HRA
Period Actual YTD Actual Budget Unearned PCNT
910-4-6100-4101 Regular Pay 13,305.47 19,292.94 87,200.00 (67,907.06) 22%
910-4-6100-4104 PERA 997.91 1,446.97 6,550.00 (5,103.03) 22%
910-4-6100-4105 FICA 824.94 1,214.89 5,400.00 (4,185.11) 22%
910-4-6100-4107 Medicare 192.92 284.12 1,250.00 (965.88) 23%
910-4-6100-4108 Insurance 1,927.20 3,610.80 17,000.00 (13,389.20) 21%
910-4-6100-4109 Workers Comp 174.00 174.00 450.00 (276.00) 39%
910-4-6100-4201 Office Supplies - - 50.00 (50.00) 0%
910-4-6100-4219 Operating Supplies - - 500.00 (500.00) 0%
910-4-6100-4304 Legal Fees - - 6,500.00 (6,500.00) 0%
910-4-6100-4319 Professional Services - - 27,000.00 (27,000.00) 0%
910-4-6100-4322 Postage - - 50.00 (50.00) 0%
910-4-6100-4331 Travel, Conferences & Schools - - 200.00 (200.00) 0%
910-4-6100-4349 Advertising/Marketing - - 9,500.00 (9,500.00) 0%
910-4-6100-4359 Publishing - 86.00 300.00 (214.00) 29%
910-4-6100-4401 Bldg Repair/Maint Services - - 4,000.00 (4,000.00) 0%
910-4-6100-4404 Software Services - - 6,500.00 (6,500.00) 0%
910-4-6100-4409 Contractual Services 66.00 5,066.00 27,000.00 (21,934.00) 19%
910-4-6100-4433 Dues & Subscriptions - - 2,500.00 (2,500.00) 0%
910-4-6100-4440 Miscellaneous - - 200,000.00 (200,000.00) 0%
910-4-6100-4721 Transfer-General Fund - - 39,000.00 (39,000.00) 0%
910-4-6100-4735 Transfer-EDA - - 4,000.00 (4,000.00) 0%
Total Fund Expenditures 17,488.44 31,175.72 444,950.00 (413,774.28) 7%
Net Revenue Over Expenditures (16,910.34) (21,693.46) - (21,693.46) 0%
Page 10 of 36
The Elk River Vision
A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community
engagement that encourages and inspires prosperity
Request for Action
To
Housing and Redevelopment Authority
Item Number
6.1
Meeting Date
May 5, 2025
Prepared By
Joshua Mollan, Economic Development Specialist
Item Description
Furniture Placement at 724 Main Street
Reviewed by
Brent O'Neil
Cal Portner
Action Requested
Approve, by motion, the attached memorandum of understanding allowing placement of outdoor furniture at
724 Main Street by the Downtown Elk River Business Association (DERBA) for public use.
Background/Discussion
On May 2024, the HRA approved the placement of furniture on the 724 Main Street green space. This
furniture was well-received by the community and utilized frequently, especially the big red chair.
While the space is still undeveloped, DERBA and Plants and Things have proposed placing similar furniture on
the site for another year. The furniture includes the big red Adirondack chair and roughly four picnic tables.
The MOU is substantially the same as last year's, with DERBA and Plants and Things responsible for successful
implementation in 2025. The memorandum requires the removal of seasonal furniture by November 1 and
allows winter placement of the big red chair.
Financial Impact
As costs are being borne by partners of the HRA, any associated costs of the HRA would be incidental and
expected to be less than $500.
Mission/Policy/Goal
Work with citizens to achieve goals.
Attachments
1. Furniture at Green Space
2. Downtown Furniture MOU 2025
Page 11 of 36
Page 12 of 36
Memorandum of Understanding
This MEMORANDUM OF UNDERSTANDING (“MOU”) is made and entered into as
of the ___ day of ________________________, 2025 by and between the ELK RIVER
HOUSING AND REDEVELOPMENT AUTHORITY, a public body corporate and politic
(“HRA”) and the DOWNTOWN ELK RIVER BUSINESS ASSOCIATION, a Minnesota
nonprofit corporation (“Association”).
RECITALS
WHEREAS, the HRA owns the real property located at 724 Main Street NW, Elk River,
Minnesota 55330, with a PID of 75-00405-0225 (the “Property”); and
WHEREAS, the Association has offered to place outdoor furniture on the Property for use
by the public during the 2025 summer season; and
WHEREAS, the Association has arranged to obtain the necessary furniture at its own sole
expense; and
WHEREAS, the HRA believes that placing outdoor furniture on the Property will benefit
the public and further a public purpose by supporting the HRA’s efforts to promote redevelopment
in the City of Elk River areas; and
WHEREAS, the parties to this MOU wish to memorialize their understanding.
NOW, THEREFORE, the HRA and the Association have reached the following
understandings:
1. Purpose. The purpose of this MOU is to establish a mutual understanding of the parties’
intentions, rights, and obligations.
2. Furniture Placement Authorized. The Association is authorized to place outdoor
furniture on the Property through November 1, 2025, except for the oversized Adirondack chair
which may remain on the Property during the term of this MOU. In no case shall the City be
responsible for any portion of the cost associated with the furniture on the Property.
3. Responsibilities of Association. The Association shall be solely responsible for acquiring,
transporting, placing, maintaining, cleaning, repairing, and removing the furniture. The
Association shall ensure the furniture is removed from the Property on or before the date the
authorization ends.
4. Responsibilities of the HRA. The HRA shall allow the furniture to be placed on the
Property, and shall not remove the furniture except as provided in this MOU. If the furniture
becomes damaged, defaced, in disrepair, unsightly, or begins to encroach on or obstruct the use of
the Property or nearby uses, the HRA may, but is under no obligation to, remove and dispose of
the affected portion of the furniture.
Page 13 of 36
5. Time; Termination. This MOU shall be effective from the date of its final execution.
This MOU shall expire on April 15, 2026, unless terminated earlier. Either party to this MOU may
also terminate this agreement for any reason upon 14 days’ notice. The Association shall, at its
own sole cost, remove all its remaining furniture from the Property within fourteen (14) days of
any termination of this agreement. If the Association fails to do so, the HRA may remove any
remaining furniture and the Association shall reimburse the HRA for the full cost of doing so.
6. Representation of Authority. The undersigned executing this agreement represent and
warrant that they have been duly authorized to execute this agreement and that this agreement shall
bind it to the terms and obligations contained herein.
7. Mutual Indemnification. To the fullest extent permitted by law, the Association agrees
to defend, indemnify and hold harmless the HRA, the City of Elk River, and their employees,
officials, and agents from and against all claims, actions, damages, losses and expenses, including
reasonable attorney fees, arising out of the Association’s use of the Property or its placement of
outdoor furniture. The indemnification obligation shall apply to anyone directly or indirectly
employed, hired, or otherwise participating in the Association use, or anyone for whose acts the
Association may be liable. The HRA agrees to defend, indemnify and hold harmless the
Association, and their employees, officials, and agents from and against all claims, actions,
damages, losses and expenses, including reasonable attorney fees, arising out of the HRA’s
performance under this agreement. It is understood and agreed that the provisions of the Municipal
Tort Claims Act, Minn. Stat. Ch. 466, and other applicable laws govern liability arising from the
HRA’s acts or omissions. The parties agree this indemnity obligation shall survive the completion
or termination of this Agreement.
8. Entire Agreement; Modification. This MOU supersedes any prior or contemporaneous
representations or agreements, whether written or oral, between the Parties and contains the entire
agreement. Any modification to this MOU must be in writing and be signed by the parties.
9. Assignment. The Association may not assign this Agreement to any other person unless
written consent is obtained from the HRA.
10. No Employee Relationship. Nothing within this MOU shall be construed as creating an
agent or employee relationship between the HRA and the Association.
[Remainder of Page Intentionally Left Blank]
Page 14 of 36
Elk River Housing and Redevelopment Downtown Elk River Business
Authority Association
Dennis Chuba, Chair Deana Mclean, Chair
Brent O'Neil, Executive Director
Page 15 of 36
The Elk River Vision
A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community
engagement that encourages and inspires prosperity
Request for Action
To
Housing and Redevelopment Authority
Item Number
6.2
Meeting Date
May 5, 2025
Prepared By
Joshua Mollan, Economic Development Specialist
Item Description
Consider Elk River Garden Gem Awards
Reviewed by
Brent O'Neil
Cal Portner
Action Requested
Approve, by motion, the creation of Elk River Garden Gem Awards, a new landscape and garden recognition
program, in partnership with the Economic Development Authority.
Background/Discussion
The Beautification and Public Art Committee has been working on an initiative to highlight and recognize
exceptional landscapes in Elk River. The Committee recommends adopting a new annual program to highlight
properties with significant landscape enhancements. This program is anticipated to be in partnership with the
Economic Development Authority (EDA). While the Housing and Redevelopment Authority would be
responsible for non-commercial properties, including single-family, townhome, and neighborhood categories,
the EDA would be responsible for the recognition and awards for commercial properties, which they
approved at their April meeting.
Annual awards are proposed to be given to the winning gardens/landscapes in each category: a personalized
garden keepsake, a temporary yard sign, and an additional award/stipend as determined by the respective
authorities at a later date.
While this is a proposed annual program, it should be noted that the Beautification and Public Art Committee
will plan on reviewing program guidelines after the first year to determine any changes that would be
necessary to better align with participation levels and feedback from the community.
If approved, staff will finalize marketing materials and be prepared to launch the program this month.
This program is inspired by Brooklyn Park's Summer Blossom Awards, which have been supported by the
community for over 25 years.
Financial Impact
Annual expense is anticipated to be roughly $1,000 drawn from the existing advertising and marketing budget.
Mission/Policy/Goal
Improve existing housing stock by offering incentives or programs to repair and maintain residential
properties.
Page 16 of 36
Attachments
1. Draft Elk River Garden Gem Awards Program Guidelines
Page 17 of 36
Draft Updated April 2025
Elk River Garden Gem Awards
Program Guidelines
Program Overview
Established in 2025, the Elk River Garden Gem Awards highlights exceptional gardens and
landscaping in Elk River. Each year the Elk River Economic Development Authority (EDA)
and Housing and Redevelopment Authority (HRA), with recommendations from the
Beautification and Public Art Committee, recognizes residents, neighborhoods, and
businesses who have maintained beautiful gardens or landscapes, therefore adding to the
overall beauty and attractiveness of the city.
Nominations may be submitted by anyone including neighbors, contractors, friends, or the
gardeners themselves.
Eligible Categories
•Single Family built before 2000
•Single Family built in 2000 or later
•Townhome
•Neighborhood – Resident/volunteer managed monument sign landscape, cul-de-sac
landscape, or community garden
•Commercial – Professionally managed business, or retail/business park monument sign
landscape
Requirements
•Garden/landscape must be located in Elk River
•Garden/landscape must primarily feature flowering plants, trees, shrubs, ground cover,
perennials, retaining walls, arbors, or water features to create a visually significant
summer long display
•Garden/landscape must be well maintained through the growing season
•Garden/landscape must have a positive visual impact on the neighborhood by being
substantially visible from the right-of-way
•Previous winners are ineligible to win in the subsequent two years
Program Timeline
•Nomination period: May 1 to July 31
•Judges tour and evaluate gardens: August
•EDA and HRA formally recognizes winning gardens: September
Judging Criteria
Each garden/landscape nominated is visited and judged based on the following criteria:
•Overall attractiveness
•Design
•Plant variety
•Environmental impact
•Creativity
•Appropriate maintenance
Page 18 of 36
Draft Updated April 2025
Awards
Winners in each category receive:
•A personalized garden keepsake
•An additional award as determined by the EDA and HRA
•Formal recognition at an Authority meeting
•Award yard sign in garden/property for six weeks
Page 19 of 36
The Elk River Vision
A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community
engagement that encourages and inspires prosperity
Request for Action
To
Housing and Redevelopment Authority
Item Number
6.3
Meeting Date
May 5, 2025
Prepared By
Joshua Mollan, Economic Development Specialist
Item Description
Housing Rehabilitation Loan Program Update
Reviewed by
Brent O'Neil
Cal Portner
Action Requested
Receive updates on the Housing Rehabilitation Loan Program.
Background/Discussion
CEE reports that all accounts are current, and the HRA's portfolio is performing as expected with no
delinquencies. There have been no new loans issued during this period, and $150,000 is available for new loan
disbursements in 2025.
Staff published a print ad for the program in the Spring Home Improvement section in the April 12th edition
of the Star News.
Financial Impact
N/A
Mission/Policy/Goal
Improve housing stock by offering incentives or programs to repair or maintain residential properties.
Attachments
1. CEE Monthly Loan Servicing Report
2. CEE Monthly Loan Activity Summary
3. Spring Rehab Loan Ad
Page 20 of 36
Page 21 of 36
Page 22 of 36
Page 23 of 36
Page 24 of 36
Page 25 of 36
Page 26 of 36
Page 27 of 36
Page 28 of 36
Page 29 of 36
Page 30 of 36
Page 31 of 36
Page 32 of 36
Page 33 of 36
CEE Monthly Loan Activity Summary
5/5/25
Page 34 of 36
Page 35 of 36
The Elk River Vision
A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community
engagement that encourages and inspires prosperity
Request for Action
To
Housing and Redevelopment Authority
Item Number
6.4
Meeting Date
May 5, 2025
Prepared By
Joshua Mollan, Economic Development Specialist
Item Description
General Updates
Reviewed by
Brent O'Neil
Cal Portner
Action Requested
This item is presented for information and discussion purposes.
Background/Discussion
This item is an opportunity to discuss relevant topics and other non-action items of the board.
Financial Impact
N/A
Mission/Policy/Goal
The goal of the HRA is to facilitate certain housing and redevelopment activities.
Attachments
None
Page 36 of 36