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HomeMy WebLinkAboutCity Council - 09/06/2022 - HRAAPPROVED MINUTES HOUSING AND REDEVELOPMENT AUTHORITY TUESDAY, SEPTEMBER 6, 2022 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, Finance Manager Tammy Wilson, and City Attorney Maggie Neuville I. ROLL CALL / CALL THE HRA MEETING TO ORDER Chair Case called the meeting to order at 7:01 PM. All HRA members were present. II. APPROVE MINUTES OF HRA MEETING HELD ON MAY 3, 2022 MOTION: Toomey moved, seconded by Freiberg, to approve the HRA minutes from May 3, 2022. Motion carried 5-0. III. ADOPT RESOLUTION HRA 2022-05 APPROVING THE PROPOSED 2023 PROPERTY TAX LEVY AND ACCEPTING THE PROPOSED 2023 BUDGET Getschow explained Minnesota Law authorizes the HRA to levy a tax with the consent of the City Council. The HRA must adopt a proposed net property tax levy by September 30 and certify it to the county auditor. Per Minnesota Statute, Housing and Redevelopment Authorities can levy a tax of up to .0185 percent of estimated market value. The proceeds may be spent on planning and implementation of redevelopment or low-rent housing assistance programs with the City. The limit for the City of Eden Prairie is $2,182,447. Getschow noted for many years, Staff has proposed the property tax levy to be $205,000, and the same is true for 2023. It is common for Eden Prairie to set the levy the same as the preliminary levy, but it is up to the Council to determine the final levy at a later date. MOTION: Narayanan moved, seconded by Nelson to adopt the resolution to approve the proposed 2023 property tax levy to be $205,000 and accept the proposed 2023 budget of $205,000. Motion carried 5-0. IV. ADOPT RESOLUTION HRA 2022-06 AMENDING H.R.A. RESOLUTION 2022-03 EXTENDING DEADLINE RELATING TO TIF APPROVALS FOR GTS HOUSING Getschow explained the requested action makes a minor modification to the TIF approvals granted to GTS Housing (Blue Stem North). On May 3, 2022, the HRA approved a HRA MINUTES September 6, 2022 Page 2 resolution granting conditional approval to the adoption of a Modification to the Redevelopment Plan for Redevelopment Project Area No. 5, establishment of Tax Increment Financing District No. 26: GTS Housing, and adoption of a Tax Increment Financing Plan for GTS Housing (the “TIF Approvals”). The resolution was contingent upon the developer acquiring fee simple title to the property by September 1, 2022. The modification does not modify any of the previous approvals, it simply extends the deadline to December 8, 2022 for the developer to take title to the property and notify the City to be in conformance with the resolution. MOTION: Freiberg moved, seconded by Nelson, to adopt the Resolution ratifying an administrative extension to the September 1, 2022 deadline to provide evidence of fee interest in the property for the GTS Housing (Blue Stem North) project. Motion carried 5- 0. V. ADJOURNMENT MOTION: Nelson moved, seconded by Toomey, to adjourn the HRA meeting. Motion carried 5-0. Chair Case adjourned the meeting at 7:06 PM. Respectfully submitted, __________________________ Nicole Tingley, City Clerk