HomeMy WebLinkAboutCity Council - 02/19/2013 - HRA APPROVED MINUTES
HOUSING AND REDEVELOPMENT AUTHORITY
TUESDAY, FEBRUARY 19, 2013 7:00 PM, CITY CENTER
Council Chamber
8080 Mitchell Road
HOUSING AND REDEVELOPMENT AUTHORITY MEMBERS: Chair Nancy Tyra-
Lukens, Council Members Brad Aho, Sherry Butcher Wickstrom, Ron Case, and Kathy Nelson
CITY STAFF: City Manager Rick Getschow, Public Works Director Robert Ellis, Community
Development Director Janet Jeremiah, Parks and Recreation Director Jay Lotthammer, City
Attorney Rick Rosow and Council Recorder Jan Curielli
I. ROLL CALL/CALL THE HRA MEETING TO ORDER
Chair Tyra-Lukens called the meeting to order at 7:02 PM in shared session with the City
Council. Council Member Case was absent.
II. APPROVE MINUTES OF HRA MEETING HELD ON DECEMBER 4, 2012
MOTION: Aho moved, seconded by Nelson, to approve the minutes of the HRA meeting
held December 4, 2012. Motion carried 3-0-1, with Butcher Wickstrom abstaining.
III. APPROVE THE AMENDED PROJECT MANAGEMENT AGREEMENT FOR TIF
12—COLUMBINE TOWNHOMES
Getschow said there is an update to the agreement on goldenrod paper. The action is to
approve an amended project agreement for Tax Increment Financing (TIF) District 12, the
Columbine Townhomes. On December 4, 2012, the HRA found that the continued
operation of the project was not sustainable without the continued TIF subsidy, and that the
amended financing plan conforms to the general plan for the development or
redevelopment of the City as a whole. Approval of the amended Project Management
Agreement reflecting the new terms was delayed by the developer's request for more time
to analyze a provision related to the minimum assessed value of the property during the
payment period. That issue has been resolved and the requested action would approve the
amended Project Management Agreement.
Tyra-Lukens asked if this was essentially a housekeeping item. Getschow replied it was.
MOTION: Nelson moved, seconded by Aho, to approve the amended Project
Management Agreement for TIF 12 —Columbine Townhomes. Motion carried 4-0.
V. ADJOURNMENT
MOTION: Butcher Wickstrom moved, seconded by Aho, to adjourn the HRA. Motion
carried 4-0. Chair Tyra-Lukens adjourned the HRA meeting at 7:04 PM.