HomeMy WebLinkAboutCity Council - 01/16/2018 - HRA APPROVED MINUTES
HOUSING AND REDEVELOPMENT AUTHORITY
TUESDAY,JANUARY 16, 2018 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, City Planner
Julie Klima, Parks and Recreation Director Jay Lotthammer, City Attorney Ric Rosow and
Council Recorder Jan Curielli
I. ROLL CALL/CALL THE HRA MEETING TO ORDER
Chair Tyra-Lukens called the meeting to order at 7:01 PM. All Council Members were
present.
II. APPROVE MINUTES OF HRA MEETING HELD ON JANUARY 2, 2018
MOTION: Butcher Wickstrom moved, seconded by Nelson, to approve the minutes of the
HRA meeting held January 2, 2018. Motion carried 5-0.
III. APPROVE THE AMENDED AND RESTATED ELEVATE TAX INCREMENT
DEVELOPMENT AGREEMENT
Getschow said this is a housekeeping action to amend and restate the Elevate tax increment
development agreement to clarify the payment of park dedication fees, to extend the
obligation to December 31, 2060, and to add language required by HUD related to
subordinate financing for repayments of surplus cash.
MOTION: Case moved, seconded by Nelson, to approve the revised Pooled TIF Note and
Mortgage, and the revised Park Dedication Note and Mortgage for the Elevate TIF
Development Agreement. Motion carried 5-0.
IV. ADJOURNMENT
MOTION: Aho moved, seconded by Case, to adjourn the HRA meeting. Motion carried
5-0. Chair Tyra-Lukens adjourned the HRA meeting at 7:03 PM.