01-12-10 HRA Minutes
REGULAR MEETING
OF THE
HOUSING AND REDEVELOPMENT AUTHORITY
January 12, 2010
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 at 7800 Golden Valley Road in said City on January 12, 2010 at 6:30 pm, in the City
Council Chambers.
The following members were present: Chair Paula Pentel and Commissioners Mike
Freiberg, Linda Loomis, De De Scanlon and Robert Shaffer. Also present were HRA
Director Thomas Burt, HRA Attorney Allen Barnard, Assistant HRA Director Jeanne Andre
Finance Director Sue Virnig and Administrative Assistant Christine Columbus.
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 Pentel for the office of Chair of the HRA and
Commissioner Freiberg for the Vice Chair of the HRA. There were no further nominations.
Pentel and Freiberg accepted the nominations.
MOVED by Shaffer, seconded by Scanlon and motion carried to approved to re-elect
Pentel as Chair of the HRA and Freiberg as Vice Chair of the HRA for 2010.
Approval of Minutes - Housing and Redevelopment Authority Meeting - October 13.
2009
MOVED by Loomis, seconded by Freiberg and motion carried unanimously to approve the
Housing and Redevelopment Authority minutes of October 13, 2009 as submitted.
Reimbursement of City Expenditures
MOVED by Loomis, seconded by Shaffer and motion carried unanimously to authorize the
reimbursing the City of Golden Valley $9,306.33 for expenditures incurred.
Set 2010 HRA Regular Meetings
MOVED by Loomis, seconded by Shaffer and motion carried unanimously to set meeting
dates for regular meetings for HRA on January 12, April 13, July 13 and October 12 at 6:30
pm.
Receipt of December 2009 Financial Reports
MOVED by Freiberg, seconded by Pentel and motion carried unanimously to receive and
file the December 2009 HRA Financial Reports.
Adoption of 2010 General Fund Budget
Member Loomis introduced the following resolution and moved its adoption:
RESOLUTION 10-01
RESOLUTION OF THE HOUSING AND REDEVELOPMENT AUTHORITY (HRA)
ADOPTING THE 2010 GENERAL FUND BUDGET
The motion for the adoption of the foregoing resolution was seconded by Member Freiberg
and upon a vote being taken thereon, the following voted in favor thereof: Freiberg,
Loomis, Scanlon, Shaffer and Pentel; and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted, signed by the Chair
and her signature attested by the Director.
Adoption of Designation of Depositories
Member Freiberg introduced the following resolution and moved its adoption:
RESOLUTION 10-02
RESOLUTION DESIGNATING DEPOSITORIES FOR HRA FUNDS
The motion for the adoption of the foregoing resolution was seconded by Member Loomis
and upon a vote being taken thereon, the following voted in favor thereof: Loomis, Scanlon,
Shaffer, Pentel and Freiberg; and the following voted against the same: none, whereupon
said resolution was declared duly passed and adopted, signed by the Chair and her
signature attested by the Director.
Review of Tax Increment Financing
MOVED by Shaffer, seconded by Freiberg and motion carried unanimously to approve the
Tax Increment Financing Policy as set forth in Resolution 06-03.
GVEC, LLC - Update and Tax Increment Payment
MOVED by Loomis, seconded by Freiberg, and motion carried to authorize staff to pay
North Wirth Redevelopment District No.3 February, 2010, increment payment of
$11,981.40 less any and all cost incurred to process the default, when payment of 2009
back taxes and penalties have been paid, to the entity legally entitled to the payment.
Commissioner Shaffer abstained.
Adiournment
The Chair adjourned the meeting at 6:44 pm.
~~~
Paula Pentel, Chair