HomeMy WebLinkAboutCity Council - 12/07/2021 - HRA APPROVED MINUTES
HOUSING AND REDEVELOPMENT AUTHORITY
TUESDAY, DECEMBER 7, 2021 7:00 PM, CITY CENTER Council Chamber 8080 Mitchell Road HOUSING AND REDEVELOPMENT AUTHORITY MEMBERS: Chair Ron Case, Council Members Mark Freiberg, PG Narayanan, Kathy Nelson, and Lisa Toomey CITY STAFF: City Manager Rick Getschow, Public Works Director Robert Ellis, Parks and Recreation Director Jay Lotthammer, Community Development Director Julie Klima, City Attorney Dan Gregerson 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 OCTOBER 26, 2021
MOTION: Freiberg moved, seconded by Chair Case, to approve the HRA minutes from October 26, 2021. Motion carried 5-0. III. ADOPT RESOLUTION NO. 2021-03 CERTIFYING 2022 HRA PROPERTY TAX LEVY TO BE $200,000 AND APPROVING 2022 HRA BUDGET OF $200,000 Getschow explained the $200,000 HRA budget was preliminarily approved on September 7, 2021. The levy of $200,000 has been set for quite some time and covers staffing related
to the housing programs. MOTION: Narayanan moved, seconded by Toomey, to adopt Resolution HRA No. 2021-03 certifying 2022 Housing and Redevelopment Authority property tax levy to be $200,000 and approving 2022 Housing and Redevelopment Authority budget of $200,000.
Motion carried 5-0. IV. ADOPT RESOLUTION NO. 2021-04 APPROVING DECERTIFICATION OF TAX INCREMENT FINANCING DISTRICT NO. 20 OF HOUSING AND REDEVELOPMENT AUTHORITY
Getschow explained Staff is asking the Council to decertify the Tax Increment Financing (TIF) District No. 20, which was formed in 2006. The life of the District is over and all obligations have been paid. Therefore, the District can be decertified, and the property value can be placed on the tax roll.
Chair Case stated the TIF district cannot be transferred as it is tied to an original development agreement. Getschow confirmed Chair Case was correct.
HRA MINUTES December 7, 2021
Page 2 MOTION: Toomey moved, seconded by Narayanan, to adopt Resolution HRA No. 2021-04 approving decertification of Tax Increment Financing District No. 20 of Housing and
Redevelopment Authority. Motion carried 5-0. V. ADOPT RESOLUTION NO. 2021-05 APPROVING FIRST AMENDMENT TO TAX INCREMENT FINANCING AGREEMENT FOR TAX INCREMENT FINANCING DISTRICT NO. 23 – TRAIL POINTE RIDGE AND AUTHORIZING ISSUANCE
OF NEW TIF NOTE Getschow explained Staff is asking for an amendment because there were no tax increments derived from the property in 2020, so there were no increments to pay the developer in 2021. The first increments will be in 2022, which requires a new TIF
Agreement and a new TIF Note. MOTION: Nelson moved, seconded by Freiberg, to adopt Resolution HRA No. 2021-05 approving first amendment to tax increment financing agreement for Tax Increment Financing District No. 23 - Trail Pointe Ridge and authorizing issuance of new tax
increment financing note. Motion carried 5-0. VI. ADJOURNMENT
MOTION: Toomey moved, seconded by Freiberg, to adjourn the HRA meeting. Motion carried 5-0. Chair Case adjourned the meeting at 7:06 PM.
Respectfully submitted, ___________________________
Nicole Tingley, City Clerk