01-11-11 HRA Minutes HOUSING AND REDEVELOPMENT AUTHORITY
January 11, 2011
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 11 at 6:30 pm, in the City Council
Chambers.
The following members were present: Chair Paula Pentel and Commissioners Mike
Freiberg, Linda Loomis, DeDe 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.
Commissioner Loomis nominated Commissioner Pentel for the office of Chair and
Commissioner Freiberg for the office of Vice Chair. There were no further nominations.
Pentel and Freiberg accepted the nominations.
MOVED by Loomis, seconded by Shaffer and motion carried to re-elect Pentel Chair of the
HRA and Freiberg as Vice Chair of the HRA for 2011
Approval of Minutes— October 12, 2010
MOVED by Loomis, seconded by Scanlon and motion carried unanimously to approve the
Housing and Redevelopment Authority minutes of October 12, 2010.
Approval of Minutes— November 9, 2010
MOVED by Loomis, seconded by Scanlon and motion carried unanimously to approve the
Special Housing and Redevelopment Authority minutes of November 9, 2010.
Reimbursement of Citv Expenditures
MOVED by Shaffer, seconded by Freiberg and motion carried unanimously to authorize
reimbursing the City of Golden Valley $2,876,988.30 for expenditures incurred.
Receipt of December 2010 Financial Reports
MOVED by Loomis, seconded by Freiberg and motion carried unanimously to receive and
file the December 2010 HRA Financial Reports.
Set 2011 HRA Reqular Meetinqs
MOVED by Freiberg, seconded by Scanlon and motion carried unanimously to set meeting
dates for regular meetings for HRA on January 11, April 12, July 12 and October 11 at 6:30
pm.
Housing and Redevelopment Authority
January 11, 2011
Page 2 of 2
Adoption of 2011 General Fund Budqet
Commissioner Loomis introduced the following resolution and moved its adoption:
RESOLUTION 11-01
RESOLUTION OF THE HOUSING AND REDEVELOPMENT AUTHORITY (HRA)
ADOPTING THE 2011 GENERAL FUND BUDGET
The motion for the adoption of the foregoing resolution was seconded by Commissioner
Shaffer and upon a vote being taken thereon, the following voted in favor thereof: Freiberg,
Loomis, Scanlon and Shaffer 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 Desiqnation of Depositories
Commissioner Loomis introduced the following resolution and moved its adoption:
RESOLUTION 11-02
RESOLUTION DESIGNATING DEPOSITORIES FOR HRA FUNQS
The motion for the adoption of the foregoing resolution was seconded by Commissioner
Freiberg 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 Financinq
MOVED by Shaffer, seconded by Loomis and motion carried unanimously to affirm the Tax
Increment Financing Policy as set forth in Resolution 06-03.
I-394 Corridor Redevelopment Area Plan
MOVED by Freiberg, seconded by Scanlon and motion carried unanimously to continue
the consideration of I-394 Corridor Redevelopment Area Plan to the April 12, 2011
meeting.
The meeting was adjourned at 6:40 pm.
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Paula Pentel, Chair
ATTEST:
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ristine Co umbus, Admini rative Assistant