5. HRSR 08-03-2009ITEM # 5.
~i
City of
Elk -~-_
River
REQUEST FOR ACTION
To Item Number
Housin & Redevelo ment Authori
Agenda Section Meeting Date Prepared by
August 3, 2009 Catherine Mehelich, Director of
Economic Develo ment
Item Description Reviewed by
Consider Year 2010 HRA Budget and Resolution Regarding
HRA Levy Reviewed by
Action Requested
Staff recommends the HRA review and approves the Year 2010 HRA Budget as presented and approve
the attached Resolution Establishing the HRA Tax Levy for Collection in Year 2010. Following the
HRA's action, the City Council must approve and certify the EDA and HRA levies to Sherburne County
in September.
Background/Discussion
The Economic Development Division consists of two separate budgets including:
Economic Development Authority
Housing & Redevelopment Authority
Revenues
Since 2003, the EDA and HRA levies have been sufficient to balance the Economic Development
Division without tapping City General Fund revenues.
In 2008 the HRA acted to maintain the general operating levy at 0.0144% of taxable market value, despite
a statutory increase allowing HRA's to levy a maximum of 0.0185%. The attached Budget Worksheet has
been prepared using the 0.0144% levy as in previous years. Revenues generated from the HRA tax levy
for 2010 budget purposes are estimated based on a 6% decrease in taxable market value.
In addition 2010 revenues include transfers to the HRA from related TIF Districts #16 (King & Main)
and TIF District #22 (Bluffs & Jackson) to reimburse the HRA for eligible redevelopment expenditures
in the establishment of the TIF Districts.
The proposed 2010 revenue does not include any amount of rental income anticipated from the HRA
buildings at 716 & 720 Main Street. The Arts Alliance has indicated to staff an interest in extended the
lease beyond December 31, 2009. Negotiations have included the expectation for a nominal rent charge
to offset a portion of the HRA's annual cost to maintain the buildings. The relationship with the Arts
Alliance over the past 18-months has been positive. They have maintained the building in a quality
fashion, and the Arts Alliance programming and services have been a positive addition to the downtown.
S:\F_DA\HRA\AG~NDA\HRA Budget\8 3 09 HRA Budget Action Requested.doc
Expenditures
There are no significant changes in the proposed HRA expenditures for 2010 as indicated on the attached
Budget Worksheet. The budget was developed with the following 2010 HRA Goals in mind:
^ Resume planning process for the comprehensive Downtown Redevelopment Plan, including public
communication efforts (following authorization to proceed from City Council)
^ Provide information to residents on housing rehabilitation/energy efficiency financing resources.
^ Continue foreclosure recovery initiatives including NSP grant, monitoring, and resource referral.
In 2004 the Personal Services costs were adjusted from 70/30 percent EDA and HRA respectively, to
60/40 percent due to staff time allotted to the Downtown Revitalization Project and Redevelopment
Planning. It is proposed that this continue in 2010 due to staff time spent on NSP implementation and
the anticipated Downtown Redevelopment Plan.
Other common administrative expenses are proposed to be shared by the EDA and HRA. As in
previous years the HRA makes a one time transfer to the EDA in the amount of $3500 to cover
approximately 40% of the shared expenses, which include office supplies, fuels, telephone and
travel/training.
In 2008 the HRA adopted a Fund Balance Policy to designate a percentage of its fund balance at the end
of each year toward an HRA Redevelopment Project Account. This account may be used for future
redevelopment activities such as property acquisition, demolition/remediation, and related improvement
costs for converting the HRA buildings into a parking lot.
Attachments
^ Budget Worksheet -Proposed 2010 HRA Revenue & Expenditures
^ Resolution Establishing the HRA Levy for Collection in Year 2010
Action Motion by Second by Vote
Follow Up
S:\EDA\IIRA\AGENDA\HRA Budget\8 3 U9 HRA Budget Action Requested.doc
H
w
O
FC
a
m
F o
W o
a w N
w x
> cn
H Y~ F
a a m
O ~
3 M
u
a F r
w ww a
w
'J
O W
Q ~4
>~ W O
F ~/1
u a `~
O
a
W
Q
w
O
H
0
0
N
o x
M
0
r ~
0
N
~ Q
~ W F
~ F W
i ~ qUq
'J p
a w
w
a
A
,7
F F
U
~: a
~ ~ F
m w w
o (ap~; [Cq]7
N p D
U W
~q7
F
W
~ O C1
a
a
a W
m
o p
o F
N U
r
o p
o F
N U
o p
O F
N U
2
W
a
O O
0 0 0
O O
O O O i
O O
O
0 0 O O 0 0 O
r r o o r r m
w v
0 o
M M ~ ~ m m
M M o
~n
M
~ H o 0 o m~ vi o in a' ~ io
0 o m m r r o o r
in ~n M M ~ ~ r r r
H H M M C d' 01 O~ m
N V7 N N m
~ ~ ~
0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 m m O O l/l lP M
r r r r vi ui ao m w
~ ~ ~n ui m
M M M
0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 o m m o o ~n ~n M
r r r r vi ui w m w
.-~ .-~ .n u, m
M M M
vi ui o in ~n o o ~ o ~o 0 o ui
m rn ~ H o o w w ~n
H H m W m m M M H
N N ~-i f-i r r m m ~-i
0 0 ~ ~ M
M M M
lp 1D
m m O h h
N N O O
H H O O O
O~ 01 m O O
O
vi ui m m ~ ~o o r m o
.~ ~ o o m m ~~ r o
Ifl Ifl H H C C M M to
N N H H d'
m m O ~fl lfl O O O~ H O O O N
r r o r r ~n in ~ M ~n vi
io ~o o c~ ~o ~ M m .-~ m
N N O O O l(1 H r O
N N O H H d' d' m
N N C C \0
UI N
N
k t~
C
ro v
F E
E v
m
v S~
S~ 7
~ ,p
> E E w
ro
~ ,~ v
m a ,~ m
v v o .+
~ a H
F
~o
l u ~
rn ~ u a .~
> H
~
bi 1
i a+ to
u ~ ro C C v ro m v
C
N
> ro v v
Sa N E ~.+ m
b v b v
N G 7 w
N C
Sa N N U C m H to N C C C H
s, a b ~ v ~.+ o ..~ w v ro
7
U
~ v N
W > U
.N 7 w
W C N>
H a w Sa N
F ~+
A b w N a w
~
H VJ C N N
~
H N 1-i y ~
r b1 H ~n
N N S-i r
~M fn
M M M M M M M
ro C: C:
o LI . r
o G JJ H lJ
o f N o
H O U N o 0 0 o f at
o
o ..7 v
> o o
o o ,.] w o
o ,] >
v o o
o o~ W
l~ o
o .7 f~
x
o FC
O O o o FC
O m
O o S a o o
O v o FC
fA M S-1 M M M O S-i M M Ul M O
Ul
u k ~ F
o N
u ~ ~ F
o o S-i
ro ~ F
o v
,C i ~ F
o o C
ro i F
o
O
u b ~ C H ~ ,[ ~ ~ ~ H la ~ F
x u F m H m m U m O m m F m
O
O
w
0
M
m
0
m
m
M
0
0
m
m
M
M
M
M
0
0
0
d'
N
m
m
J
,a~
H
O
F
I
O v
O
N 0 0 0 0 0 0 0 O O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 O O O O
N If1 Ifl o o Ifl If1 O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 111 1f1 Ifl 0 0 0 0 0 0 to
W F N r M m Ifl N 01 O O VI Ifl O Ifl O O O N O O O O N N V' lfl r N If1 Ifl O 1f1
F W M M M i0 r O O N N O 1p C N M M M M M W M C m 01 M M r
W N in ~ ,~ H M M ,~ H m o H H H io
~ D J
~ ~ ~ N
a a w
w
a
N lp ~O 01 ti r N
M N r 1p r M 0 lp lp
H .-I O If1 ~0 O O O 01 Ifl M O O If1 N
~ r m 01 01 M d' M Ifl m
N s} lD O O O
O O O m
N
m r U1 M r N Ifl lD M H M r t11 lp H Ifl If1 O d'
a
i q Ij M .i H N O M
F 'J
N M N N r O m
O~ N ~-I 0~ M M
.y r
~O
I i U H ~
~ ~ ~
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
~ f-~
z F O O If1 O O O Ifl
~O 10 M m N N r O O O O O O O O O
O O tf) O O O O V' 01 111 Ifl O
Ifl ~0 N O O O
lfl ~ O Ifl
m
01 W W M M M r m O O lp M M N d' r O m 01 M M C
O a qUq'
N '.7 .7 N l0 H C H r m N H
"i .-1 r
N
U W
q 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
W H
',1 W o o In o 0 o In
10 lp M m N N r o 0 0 0 0 0 0 0 0
O O Ifl O O O O W 01 1n In o
111 l0 N 0 0 0
Ifl 111 O In
m
~ O U'
w~ ri rn rn r m o o ~ M m rv ~ ~ o m m rn rn w
a w 1n ~ ~ w ~ r rn N .~+
., .. r
N
Q
~ N M N r c lp M M r O m N O r O~ H O O O N If1 d' m O O O O
lp H m lf1 m r r ri H r lfl H M ri 01 N M C N d' ~O O O O O
m
O '.7 r 01 r l0 M .-I lp r C O m to M O O~ N ri Ifl Ifl O 0~
O F I11 N N 111 r d' r-1 If1 N N N ~ H ~0 m 01 M M r
N U d' Ill r-1 01 N H ti O
R>; ri N
F O
W O
a w N
> ~
H X F r l0 O r H 01 O N N 1f1 N M O r m O .-1 O r O N d' C O C O O O O
a s UI d' r t11 M O l0 m N N N m ~0 N O m O ri M m d' tf1 ~0 N m O O O C
O ri ~ to N H r M '-I O M M o M m r O VI In N r r m 01 H O Ill lfl O M
3 M
a4 r
o p
o M m io w
M ~o In N .-I a In o
M In m
m M M
r
.7 F >I o H In ~ ~ N .i r w .-I In H o
W ~ ~ N ~ N
O CO
q w
>~ W O
F U7 m r m ~o r m a~ M M r M In M o u1 In o o m o w ~+ o m m o 0 o In
H O (la N m H O 1p m 01 d' d' N ri M N r H O 01 N O r r O O O M
U a ~C
O r r O r Q~ H M O N M .-1 O N N N lfl O lfl Ifl Ifl If1 O Ifl
a
a \O
O ,'7 m N M Y' O
~ ~p O m O N rl
N H N 1p lD M 01
H H O~ M M
r-~ d'
to
O F N N M
N U
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
N
H
m O
o N o o O o 0 o m o 0
U C v
~~ U U
> U] ri
Sa >
v .a rn ~,
~
C
O ro
rn ~.
i
[n C
,~ v u ~ 0 w
ro U N i~ b1 A~ ~.~ N
C C X ro C C u N v ~ u
N 0 v Sr u ~.+ ~~ a v O~ ro C
v .~ s+ ro ., ,~ ro ,~ m s~ tir v
.ti rn v£ C q £ f• C m N v E
a
>. E ~
a m m w~ ~ ~ u v v 7 .c
v 'o C rn E ~+ s. m rn u o u a s
v 4 a
0
ro o m a m w C o C rn E a .+ c~ v
~ c~ w .-,
a v u v ~ v o o u ~.+ a o v m ro
ro a ^ x ~ v
v v u m N v s, w rn .~ u C u v a w~ ro ro ~+ ~+ i. >
,~ N s, q v, .~ v w a v• ..+ .c ro G ~+ v u~ ,~ ~
av
ww
a ro ro ro s+ ~ v rn a rn.~„ u,,~~, ro,~ a rnx x ~H v ,~ ro
N ~ U l+ v U N ~-+ v 1a W b U1 H -rl U a 1-I ~.~ C W N N U U S-i N N rn 7 v
E
a
o C~~ ~.+ C ,k v
rn ro~ s, ~
v w H v a o ~.+
w
w ro ro N N 2 a1 > N rI N C H U Cn ~.+ m N U •.~
,r~ rn w ,r~ g m ro> u~ ~~ ., b ro w ro x~>
u
~
o C v U
.~ w ., C C O
ro ro a
~-+
vaaw£H3~H
o m v ,
I ro o s~ b
C a ,~ >~ ~~ p m ro ~~ s+
a.Ho ~-+aF~a N vHp..ro-~groF£ v ~, C>
aH s~ sa s+ m
FF >~ .a
~ v v ro v .a m m a a E u ~ H m ~ v rn
w > O .~ c u1 r m m C .-+ ~.~ w tr1 rn v N rl m m a H m y .1 A M r o H H v7 H In w C
O v
b ~.~I 0 0 0 0 0 0 0
> H H H H H H N O rl
N a UJ O N H N [.' N M d' VI O ~O m rl O M M d~ S-I
N M ri M W 3 M M M M ~ r-i M M N C (
' C~ d' C N O .i
l
J
~ N M N
J ~'1
~
v
~
S~ ~ a w w~ a~ s~
a s .
u w v' O v w w a~ o v w r~ w o w O a~ c .C 0 y
D
v a' c A y
r r ~
C c c ro fJl
7
a W N I i I i i I N i p ..I I I a+ a~ i I i I 11 > i ~ Sa I U i i~ i i a.l U ~ I N O ~ ~ N O
rn
o
~ ~ W o 0 0 0 0 o a
0 0 0 0 0 0 o rn
o > o u o .~ 0 0 0 o C v o o v o ti o~ o o O
S~' o rn o b 3 0 0 0 0 3 3 'O o o a~ o C o 0 0 ~.+ o o q
> o o F x
o
H
~ ~ ,-I ,y .i ~ ,~
~
N ,~
~
v H .~ ~ 7 O ,y H .~ H O Ul ~ H ro .~ O H O ~ ,-a 0 o
~ .-~ ,-I rn o 0
N H ~
N ~ rn
C H
Q ro ~ ~ ~ ~ ~ ~
a
C~ ~ ~ a cn ~o £ ~ FC q ~o ~c ~o ~o q a ~o io 3 ~ x ~ q ~o ~ ~ v ~o ~ ~ v ~ ~o ~a a~
o
x ~.~
z i ~ ~ I~ F
O w w a~ w a~ a~ O .~ i F
.i w O F
1+ w w a a a~ a~ e~ a a~ w a~ c O v~ ~ ~ F
w a O w
m a o~ O
O
M o~ W H
F F ~ o 0
0
F
F
~
F
~
F
O o 0 0 o O O ,
0 0
0 0 o O o 0 0 v ro
o
r H O
m x X
w v .1 H .~ .a ~ ~
a m m m m m m C ~
vl m u ~ .i H ~ ~ ~ ~ H ~ ~ H ,1
O m m m m m m m m m m m m ~ ~
q m m t
,
-I °
F m m
M
W
U
W
0
H
0
N
~ Q
i W H
i H W
~ N Cq7
p D
a w
w
x
a ~a
x
F F
U
N 4
F
m CWT w
o {~ q
N U W
W E
~ W
~ O C7
a
a w
a
~a
o .7
o H
N U
P.' ~ N
P4 H
xa~n
o
~ 3 M o D
W W ~ N U
~ ~' a
O W
Q W
>+ W O
H O [r~
u a FC
a o
N U
d~
0
ti
0
0
N
O
r
.~
v
E
0
ro
a
~a
F'
x ~.+
m
0 0
~ x
a
D
(H~
7..
a
x
w
0
In n vi u
m n a n
• u - u
C II M II
r u H n
N II ~ II
II II
II I
II II
II II
o u o II
ui n vi II
W II d' II
II II
a' II M II
~ u .~ u
N II H II
II I
II II
II II
11 II
O II lf1 II
o u In u
O~ II N II
II II
r u ri u
O II N II
N II H II
I II
II II
u n
u n
o II M II
d' II lp II
M II ~D II
u - n
r u N u
o II C II
N II N II
II II
II II
11 I
N II W II
M II H II
ui u w u
u - n
<r u ~ II
Ifl II N II
M II M n
II I
II II
m
w
qH
2
a
x
H
0
H
aW
`J
H
[H~
Z
W
a
x
w
a
w
a
0
a
RESOLUTION 09- 03
A RESOLUTION OF THE ELK RIVER
HOUSING AND REDEVELOPMENT AUTHORITY
A RESOLUTION ESTABLISHING THE TAX LEVY FOR THE ELK RIVER HOUSING AND
REDEVELOPMENT AUTHORITY FOR COLLECTION IN
2010
WHEREAS, Minnesota Statute Section 469.033, Subdivision 6, authorizes a Housing and
Redevelopment Authority to levy an amount not to exceed .01440 percent of the
taxable market value of property within the city to be used for housing and
redevelopment purposes; and,
WHEREAS, the Elk River Housing and Redevelopment Authority anticipates expenditures in
2010 for various housing and redevelopment activities; and,
WHEREAS, the Housing and Redevelopment Authority will adopt and approve its budget before
a special tax can be levied.
NOW, THEREFORE, BE IT RESOLVED that the Housing and Redevelopment Authority
requests that the City Council of the City of Elk River, Minnesota, levy a special tax of .01440
percent of taxable market value of the city for the benefit of the Authority to be used for purposes
as provided in Minnesota Statutes.
Passed and adopted by the Elk River Housing and Redevelopment Authority this 3`d day of
August, 2009.
Stewart Wilson, Chair
ATTEST:
Catherine Mehelich, Executive Director
S: \EDA\HRA\Resolutions\2009\09-03 1 IRAlOLEVY.DOC