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HomeMy WebLinkAboutCity Council - 09/05/2006 - HRA APPROVED MINUTES HOUSING AND REDEVELOPMENT AUTHORITY TUESDAY, SEPTEMBER 5, 2006 7:00 PM, CITY CENTER Council Chamber 8080 Mitchell Road HOUSING AND REDEVELOPMENT AUTHORITY MEMBERS: Chair Nancy Tyra- Lukens, Commissioners Brad Aho, Sherry Butcher, Ron Case, and Philip Young CITY STAFF: City Manager Scott Neal, Parks & Recreation Director Bob Lambert, Public Works Director Eugene Dietz, City Planner Michael Franzen, Community Development Director Janet Jeremiah, City Attorney Ric Rosow, Finance Director Sue Kotchevar and Recorder Deb Sweeney I. ROLL CALL/CALL THE HRA MEETING TO ORDER Tyra-Lukens called the meeting to order at 7:03 p.m. II. APPROVE MINUTES OF HRA MEETING HELD ON AUGUST 1, 2006 MOTION: Case moved, seconded by Aho, to approve the minutes of the HRA meeting held on August 1, 2006 as published. Motion carried 5-0. III. APPROVE PROPOSED 2007 HRA PROPERTY TAX LEVY AND ACCEPT PROPOSED 2007 BUDGET (HRA Resolution No. 2006-02) Neal explained the action is to set Eden Prairie's HRA levy in 2007. The legal maximum (based on taxable market value) is up to $1.3 million. Tonight's action would set the 2007 maximum HRA levy at$200,000, the same as last year. The HRA could still be lowered at the Truth in Taxation hearing but could not exceed $200,000. Funds are used to support planning and economic development. MOTION: Butcher moved, seconded by Young, to adopt Resolution No. 2006-02 to approve the proposed 2007 HRA property tax levy to be $200,000 and accept the proposed 2007 HRA budget of$200,000. Motion carried 5-0. Tyra-Lukens recessed the HRA Meeting at 7:07 p.m. IV. PUBLIC HEARING ON ESTABLISHMENT OF TIF REDEVLOPMENT DISTRICT— SUPERIOR OFFICE CENTER PROJECT (FORMER PHYSICAL ELECTRONICS) (HRA Resolution No. 2006-03) Tyra-Lukens reconvened the HRA Meeting at 7:10 p.m. HRA MINUTES September 5, 2006 Page 2 The HRA Public Hearing was held concurrently with the City Council Public Hearing. A summary of the discussion is included in the City Council Minutes for September 5, 2006. MOTION: Aho moved, seconded by Case, to close the HRA public hearing and adopt Resolution No. 2006-03 establishing Redevelopment Project Area No. 6 and adopting a project plan therefore, and establishing Tax Increment Financing District No. 20 therein and adopting a Tax Increment Financing Plan therefore; and approving a Development Agreement relating thereto. Motion carried 5-0. IV. ADJOURNMENT HRA MOTION: Butcher moved, seconded by Case, to adjourn the HRA. Motion carried 5-0. The meeting adjourned at 7:23 p.m.