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04-13-10 HRA Minutes HOUSING AND REDEVELOPMENT AUTHORITY April 13, 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 April 13, 2010 at 6:30 pm, in the City Council Chambers. The following members were present: Chair Paula Pentel and Commissioners Mike Freiberg, Linda Loomis, and DeDe Scanlon. 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. Approval of Aaenda MOVED by Freiberg, seconded by Scanlon and motion carried unanimously to approve the agenda of April 13, 2010 as amended: Addition of GVEC Properties, LLC - Default. Approval of Minutes - Special Housina and Redevelopment Authority Meetina - March 9. 2010 MOVED by Loomis, seconded by Freiberg and motion carried unanimously to approve the Housing and Redevelopment Authority minutes of March 9, 2010. Reimbursement of City Expenditures MOVED by Loomis, seconded by Freiberg and motion carried unanimously to authorize the reimbursing the City of Golden Valley $433,480.84 for expenditures incurred. Receipt of March 2010 Financial Reports MOVED by Freiberg, seconded by Loomis and motion carried unanimously to receive and file the March 2010 HRA Financial Reports. Decertification of Vallev Sauare Tax Increment Fund MOVED by Loomis, seconded by Scanlon and motion carried unanimously to Decertification of Valley Square Tax Increment Fund. Public Hearina on Amendment to Redevelopment Plan Assistant HRA Director Jeanne Andre provided a short presentation on the Golden Hills Redevelopment Area and the desire to update the document to include areas that have already been redeveloped and for the area to be expanded to include parcels in the 1-394 Corridor Study. She explained the process for amending the Plan, which includes review by the Planning Commission and consideration by the City council, after another public hearing. Housing and Redevelopment Authority Special Meeting April 13, 2010 Page 2 of 2 Commissioners reviewed the document and suggested possible revisions; Chair Pentel opened the meeting for public input and persons present to do so were afforded the opportunity to express their views. Hearing and seeing no one, Chair Pentel closed the public hearing. Director Burt, suggested that the Plan be held over for staff to address the suggested revisions. Adoption of Golden Hills Redevelopment Proiect (to be renamed 1-394 Corridor Development Area) Member Loomis moved for continuation of the Resolution to Approve Revision of the Redevelopment for the Golden Hills Redevelopment Project and Renaming the project, seconded by Freiberg and motion carried unanimously to have the Resolution brought back to the HRA Commission after the Plan has been revised to reflect the changes suggested by the commissioners. Other Business GVEC Properties. LLC - Default MOVED by Freiberg, seconded by Loomis and motion carried unanimously to suspend performance by the HRA under the Agreement, (GVEC Properties, LLC, Private Development Agreements) which stops payment of increment while taxes are outstanding, and review the situation at the next quarterly HRA meeting. Adiournment The Chair adjourned the meeting at 6:27 pm. fWA~ Paula Pentel, Chair ATTEST: ~~ L/2/ ristine Columbus, Administrative Assistant