01-15-08 HRA Minutes
REGULAR MEETING
OF THE
HOUSING AND REDEVELOPMENT AUTHORITY
January 15, 2008
Pursuant to due call and notice thereof, a regular meeting of the Housing and
Redevelopment Authority of the City of Golden Valley, Hennepin County, Minnesota, was
held at7800 Golden Valley Road in said City on January 15, 2008, at 6:30 pm, in the City
Council Chambers.
The following members were present: Chair Paula Pentel and Commissioners Mike
Freil:>erg, Linda Loomis, DeDe Scanlon and Robert Shaffer. Also present were HRA
Director Thomas Burt, Assistant HRA Director Jeanne Andre, Finance Director Sue Virnig
and Administrative Assistant Carol Broermann.
Approval of the Minutes
MOVED by Loomis, seconded by Freiberg, and motion carried to approve the minutes of
the October 9, 2007 regular HRA meeting.
Approval of Agenda
MOVED by Loomis, seconded by Freiberg and motion carried unanimously to approve the
HRA agenda.
Approval of Bills
MOVED by Freiberg, seconded by Loomis and motion carried unanimously to approve the
bjlls as submitted, reimbursing City expenditures for the HRA.
Receive and File December Financial Reports
MOVED by Shaffer, seconded by Loomis and motion carried to receive and file the
December Financial Reports.
Election of Officers
The HRA ByLaws provide for the annual election of the HRA Chairperson and Vice
Chairperson to serve a one year term.
Chair Pentel opened nominations for HRA Chair.
Commissioner Shaffer nominated Chair Pentel for the office of Chair of the HRA and
Commissioner Freiberg for the Vice Chair of the HRA. There were no further nominations.
Chair Pentel and Commissioner Freiberg accepted the nominations.
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Regular Meeting of the Housing and Redevelopment Authority
January 15, 2008
Page 2
Election of Officers - Continued
MOVED by Shaffer, seconded by Loomis and motion carried to re-elect Chair Pentel as
Chair of the HRA and Commissioner Freiberg as Vice Chair of the HRA for 2008.
Set 2008 HRA Meetinas
MOVED by Loomis, seconded by Shaffer and motion carried to set the dates for the 2008
HRA quarterly meetings as follows: April 8, July 8, and October 14; and set the Special
Workshop date for Tuesday, February 12.
Adoption of 2008 General Fund Budaet - HRA: Resolution 08-01
Finance Director Sue Virnig presented the 2008 HRA General Fund Budget and answered
questions from the Commissioners.
Commi~sioner Loomis introduced the following resolution and moved its ad~ption:
RESOLUTION 08-01
ADOPTION OF THE 2008 GENERAL FUND BUDGET
The motion for the foregoing resolution was seconded by Commissioner Scanlon, and upon
a roll call vote being taken thereon, the following voted in favor thereof: Freiberg, Loomis,
Pentel, Scanlon and Shaffer; the following voted against the same: none; whereupon said
resolution was adopted, signed by the Chair and her signature attested by the Director.
Desianation of Depositories - HRA: Resolution 08-02
Finance Director Sue Virnig presented the 2008 Designation of Depositories.
Commissioner Freiberg introduced the following resolution and moved its adoption:
RESOLUTION 08-02
DESIGNATING DEPOSITORIES FOR HRA FUNDS
The motion for the foregoing resolution was seconded by Commissioner Loomis, and upon
a roll call vote being taken thereon, the following voted in favor thereof: Freiberg, Loomis,
Pentel, Scanlon and Shaffer; the following voted against the same: none; whereupon said
resolution was adopted, signed by the Chair and her signature attested by the Director.
Regular Meeting of the Housing and Redevelopment Authority
January 15, 2008
Page 3
Review of TlF Policy
No changes to the existing policy were suggested by the Commissioners. Assistant HRA
Director Jeanne Andre asked Commissioners to consider amending the initial TIF
application fee to $10,000 in order to accurately reflect necessary expenditures at this
stage in the process.
MOVED by Loomis, seconded by Shaffer and motion carried to amend the initial
application fee to $10,000.
Adiournment
The meeting was adjourned at 6;50 pm.
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Paula Pentel, Chair .
ATTEST:
Carol Broermann, Administrative Assistant
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