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5.1. HRSR 11-06-2006ITEM # 5.1. MEMORANDUM TO: Housing & Redevelopment Authority FROM: Catherine Mehelich, Director of Economic Development/~ DATE: November 6, 2006 SUBJECT: Downtown Revitalization Project Update - Call Special HRA Meeting for November 20, 2006 for Joint Meeting with City Council regarding downtown parking Staff will provide a verbal update regarding the following items at the HRA meeting: • Project construction status (Bluffs, Jackson, Park, Bank of Elk River) • Communications Staff will be presenting a downtown parking analysis at the November 20`'' City Council meeting, along with a draft loan program for affected businesses as requested by the Council. It would be appropriate for the HRA to attend the November 20`'' Council meeting for these discussions. Action Requested Staff recommends the HRA call a special meeting for November 20, 2006 for the purpose of a joint meeting with the City Council regarding downtown parking.