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01-02-2007 HRA MINMEETING OF THE ELK RIVER HOUSING AND REDEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL MONDAY, JANUARY 2, 2007 Members Present: Chair Wilson, Commissioners Kuester, Toth, and Motin Members Absent: Commissioner Lieser Staff Present: Community Development Director Scott Clark, Director of Economic Development Catherine Mehelich, and City Clerk Tina Allard Call Meeting To Order Pursuant to due call and notice thereof, the meeting of the Elk River Housing and Redevelopment Authority was called to order at 5:00 p.m. by Chair Wilson. 2. Consider 1/2/2007 HRA Agenda MOVED BY COMMISSIONER TOTH AND SECONDED BY COMMISSIONER KUESTER TO APPROVE THE JANUARY 2, 2007, HRA AGENDA AS PRESENTED. MOTION CARRIED 4-0. 3. Consider Consent Agenda MOVED BY COMMISSIONER MOTIN AND SECONDED BY COMMISSIONER TOTH TO APPROVE THE CONSENT AGENDA AS FOLLOWS: 3.1. DECEMBER 4, 2007, HRA MINUTES 3.2. CHECK REGISTER MOTION CARRIED 4-0. 4. Open Mike There was no one present for Open Mike. 5. Annual Meeting Business a. MOVED BY COMISSIONER TOTH AND SECONDED BY COMMISSIONER KUESTER TO APPOINT STEWART WILSON AS HRA CHAIR. MOTION CARRIED 4-0. MOVED BY COMMISSIONER MOTIN AND SECONDED BY COMMISSIONER KUESTER TO APPOINT LARRY TOTH AS HRA VICE CHAIR. MOTION CARRIED 4-0. MOVED BY COMMISSIONER MOTIN AND SECONDED BY COMMISSIONER TOTH TO APPOINT LOUISE KUESTER AS HRA SECRETARY. MOTION CARRIED 4-0. Housing & Redevelopment Authority January 2, 2007 Page 2 b. MOVED BY COMMISSIONER TOTH AND SECONDED BY COMMISSIONER KUESTER TO APPOINT CATHERINE MEHELICH AS HRA EXECUTIVE DIRECTOR. MOTION CARRIED 4-0. c. MOVED BY COMMISSION MOTIN AND SECONDED BY COMMISSIONER KUESTER TO DESIGNATE THE STAR NEWS AS THE OFFICIAL NEWSPAPTER OF THE HRA. MOTION CARRIED 4-0. d. MOVED BY COMMISSIONER MOTIN AND SECONDED BY COMMISSIONER KUESTER TO DESIGNATE THE FOLLOWING HRA OFFICIAL DEPOSITORIES: ^ FIRST NATIONAL BANK OF ELK RIVER ^ 4M FUND ^ WELLS FARGO BANK ^ THE BANK OF ELK RIVER ^ US BANK ^ RIVERVIEW COMMUNITY BANK e. MOVED BY COMMISSION TOTH AND SECONDED BY COMMISSIONER KUESTER TO APPROVE THE AMENDMENT TO THE HRA BYLAWS WITH THE FOLLOWING CHANGES: 2.1) ANNUAL MEETING - THE ANNUAL MEETING OF THE AUTHORITY SHALL BE HELD AT THE PRINCIPAL OFFICE OF THE AUTHORITY ON THE FIRST MONDAY OF JANUARY AT 5:30 P.M., OR SUCH OTHER LOCATION AS DESIGNATED IN THE NOTICE OF THE ANNUAL MEETING. ANY ANNUAL MEETING FALLING UPON A HOLIDAY SHALL BE HELD ON THE NEXT FOLLOWING BUSINESS DAY AT THE SAME TIME AND LOCATION. 2.5) REGULAR MEETINGS AND ORDER OF BUSINESS AT REGULAR MEETINGS -REGULAR MEETINGS SHALL BE HELD BY THE AUTHORITY ON THE FIRST MONDAY OF EACH MONTH AT 5:30 P.M. AT THE PRINCIPAL OFFICE OF THE AUTHORITY, UNLESS OTHERWISE DESIGNATED, AND SHALL BE OPEN TO THE PUBLIC. ANY REGULAR MEETING FALLING UPON A HOLIDAY SHALL BE HELD ON THE NEXT REGULAR BUSINESS DAY AT THE SAME TIME AND LOCATION. MOTION CARRIED 4-0. 6. Downtown Revitalization Project Update Ms. Mehelich stated the HRA closed on the purchase of the Houlton buildings. She stated O~eilly Automotive and Fast National Bank of Elk River lease a section of the building and the other section is vacant. Ms. Mehelich reviewed the Jackson Avenue reconfiguration due to crane work on the Jackson Place project anticipated for January 15 to February 9, 2007. Housing & Redevelopment Authority Page 3 January 2, 2007 ----------------------------- 7. Discuss Reduced Sale Price for Properly Described as 356 Jackson Avenue Ms. Mehelich stated property at 356 Jackson Avenue has had a price reduction and the realtor asked the HRA to reconsider purchasing the property. Chair Wilson noted the reduction in the price was quite sizeable but that the HRA recently purchased two other properties and didn't have funds available at this time. Commissioner Motin concurred. He stated the Redevelopment Task Force is not far enough along in the process of evaluating the needs/wants of the redevelopment for this area so it would be premature to purchase this property. Commissioner Toth stated it would be appropriate to let the market decide if the reduced price is worth it for someone else to purchase the property. 8. Discuss Property for Sale at 620 iin~ Avenue Commissioner Motin stated he was the administrator for this property a few years ago. He stated the property was in extremely poor condition but the current owner has made improvements to the property, is leaving town, and would like to sell it. He stated the purchase price is $150,000. Commissioner Motin stated the HRA is not in the position to spend funds for another property and does not have a plan for it but developers own much of the surrounding property so it may be ripe for redevelopment. He stated there are safety issues with the 6th Street intersection along TH 10. Commissioner Toth stated the price for this property seems to be a fair buy due to its size and location between two commercial areas. Commissioner Kuester questioned if this area had been considered for neighborhood commercial zoning during the comprehensive plan update. Chair Wilson stated the access in this area is very difficult. Ms. Mehelich stated the HRA should create a redevelopment plan for this property prior to consideration of acquiring it. She stated staff could find out more information regarding the area surrounding the property and bring it back for discussion at the next HRA meeting. Mr. Clark questioned if the intent of the HRA would be to complete the rehabilitation of the property and lease it out, or to buy and hold it. Commissioner Motin stated it would be to buy and hold it. 9. Other Business There was no Other Business. 10. Adjournment There being no further business, Mayor Klinzing adjourned the meeting of the Elk River City Council at 5:25 p.m. Housing & Redevelopment Authority January 2, 2007 Page 4 Tina Allard City Clerk