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HomeMy WebLinkAboutCity Council - 01/07/2020 - HRA APPROVED MINUTES HOUSING AND REDEVELOPMENT AUTHORITY TUESDAY, JANUARY 7, 2020 7:00 PM, CITY CENTER Council Chamber 8080 Mitchell Road HOUSING AND REDEVELOPMENT AUTHORITY MEMBERS: Chair Ron Case, Council Members Brad Aho, Mark Freiberg, PG Narayanan, and Kathy Nelson CITY STAFF: City Manager Rick Getschow, Public Works Director Robert Ellis, Parks and Recreation Director Jay Lotthammer, Community Development Director Janet Jeremiah, Finance Director Sue Kotchevar, City Attorney Maggie Neuville, and Council Recorder Jan Curielli I. ROLL CALL / CALL THE HRA MEETING TO ORDER Chair Case called the meeting to order at 7:02 PM. All HRA members were present. II. APPROVE MINUTES OF HRA MEETING HELD ON DECEMBER 3, 2019 MOTION: Aho moved, seconded by Narayanan, to approve the HRA minutes from December 3, 2019. Motion carried 5-0. III. ADOPT RESOLUTION HRA NO. 2020-01 AUTHORIZING EXECUTIVE DIRECTOR TO EXECUTE DOCUMENTS ON BEHALF OF HRA Getschow explained this is a resolution prepared by former City Attorney Rosow to allow the Executive Director and the Chair to execute documents on behalf of the HRA. MOTION: Narayanan moved, seconded by Nelson, to adopt Resolution HRA No. 2020- 01 authorizing the Executive Director to execute documents on behalf of the Eden Prairie Housing Redevelopment Authority. Motion carried 5-0. IV. APPROVE ASSIGNMENT OF TAX INCREMENT NOTE AND HRA CONSENT AND AUTHORIZE EXECUTION BY THE EXECUTIVE DIRECTOR Getschow said Windsor Plaza, LLC entered into a Tax Increment Development Agreement with the HRA on September 4, 2007. Pursuant to the agreement, tax increments are being provided by the HRA through a Tax Increment Note issued by the HRA to Windsor Plaza. Windsor Plaza, LLC is refinancing its mortgage. The Lender requires an assignment by Windsor Plaza, LLC of the Tax Increment Note and the consent to such assignment by the HRA. MOTION: Nelson moved, seconded by Freiberg, to approve the assignment of Tax Increment Note and HRA consent and authorize execution by the Executive Director. Motion carried 5-0. HRA MINUTES January 7, 2020 Page 2 V. ADOPT RESOLUTION HRA NO. 2020-02 APPROVING PARTICIPATION OF HENNEPIN COUNTY HOUSING AND REDEVELOPMENT AUTHORITY IN CITY AFFORDABLE HOUSING PROJECTS USING AFFORDABLE HOUSING INCENTIVE FUND FOR WEST HENNEPIN HOUSING LAND TRUST Getschow said we have worked closely with the West Hennepin Affordable Housing Land Trust (WHAHLT) to develop single family affordable housing throughout Eden Prairie. We do the work through the Community Development Block Grant program. There are also other sources of funding from Hennepin County. We need to adopt a resolution that will cover the City’s support of these developments in the future. MOTION: Freiberg moved, seconded by Aho, to adopt Resolution HRA No. 2020-02 approving participation of the Hennepin County Housing and Redevelopment Authority in Eden Prairie affordable housing projects using the Affordable Housing Incentive Fund (AHIF) for West Hennepin Affordable Housing Land Trust (WHAHLT). Motion carried 5-0. VI. ADJOURNMENT MOTION: Narayanan moved, seconded by Nelson, to adjourn the HRA meeting. Motion carried 5-0. Chair Case adjourned the meeting at 7:05 PM.