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HomeMy WebLinkAboutCity Council - 11/18/1980 - HRA UNAPPROVED MINUTES HOUSING AND REDEVELOPMENT AUTHORITY TUESDAY, NOVEMBER 18, 1980 7:30 PM, CITY HALL HOUSING & REDEVELOPMENT AUTHORITY MEMBERS: Wolfgang Penzel , Dean Edstrom, Dave Osterholt, Sidney Pauly and Paul Redpath HOUSING & REDEVELOPMENT AUTHORITY STAFF PRESENT: City Manager Roger K. Ulstad, Finance Director John Frane, and Joyce Provo, Recording Secretary INVOCATION: Wolfgang H. Penzel PLEDGE OF ALLEGIANCE ROLL CALL: Edstrom, Osterholt, Penzel and Redpath present; Pauly absent. I . CALL MEETING TO ORDER _ Chairperson Penzel called the meeting to order at 7:30 PM. II. REQUEST FOR THE CITY COUNCIL TO ISSUE TAX INCREMENT FINANCING BONDS IN THE AMOUNT OF 18,500,000.00 MOTION: Redpath moved, seconded by Osterholt, that the Housing & Redevelopment Authority request the City Council to issue tax increment financing bonds in the amount of $18,500,000.00. Motion carried unanimously. III. TRAFFIC STUDY FOR LAKE SMETANA SECTOR ti City Manager Ulstad explained the Planning Commission did recommend for the Housing & Redevelopment Authority's review the possibility of employing a traffic consultant in the Smetana Lake area relative to the future traffic patterns 1 anticipated for that area. City Engineer Jullie and Planning Director Enger have 1 visited with three consultants and their quotes are before the Housing & Redevelopment Authority this evening, those being BRW, Inc. at $5,800, Barton Aschman Assoc. at $8,300, and Strgar-Roscoe, Inc. at $9,000. Staff recommends r ' the Housing & Redevelopment Authority consider entering into an agreement with BRW, Inc. to conduct this study. j Osterholt asked where the funds would be coming from to pay for this study. Ulstad replied funds would be coming from the tax increment district. MOTION: Redpath moved, seconded by Edstrom, to authorize BRW, Inc. to review and recommend the road network for the general Lake Smetana area from I-494 to Valley View Road between Co. Rd. 18 and Schooner Blvd at a cost not to exceed $5,800.00, and that the Housing & Redevelopment Authority request of the City Council authority to utilize City staff for project improvements. Roll Call Vote: Redpath, Edstrom, Osterholt and Penzel voted "aye". Motion carried unanimously. IV. ADJOURN MEETING MOTION: Osterholt moved, seconded by Edstrom, to adjourn the Housing &Redevelopment i Authority meeting at 7:44 PM. Motion carried unanimously. f