10-11-11 HRA Minutes HOUSING AND REDEVELOPMENT AUTHORITY
October 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 October 11, 2011 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, Finance Director Sue Virnig and Administrative Assistant Lisa
Wittman.
Approval of Aqenda
MOVED by Scanlon, seconded by Freiberg and motion carried unanimously to approve the
October 11, 2011 HRA agenda.
Approval of Minutes - Julv 12, 2011 Reqular HRA Meetinq
MOVED by Loomis, seconded by Shaffer and motion carried unanimously to approve the
July 12, 2011 Regular HRA minutes as submitted.
Reimbursement of Citv Expenditures
MOVED by Shaffer, seconded by Loomis and motion carried unanimously to authorize
reimbursing the City of Golden Valley $1,793,514.39 for expenditures incurred.
Receipt of September 2011 Financial Reports
Commissioner Loomis questioned the market value homestead exclusion impact on TIF
Districts. Virnig explained the impact to TIF district financing.
MOVED by Loomis, seconded by Freiberg and motion carried unanimously to receive and
file the September 2011 Financial Reports.
The meeting was adjourned at 6:36pm.
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Paula Pentel, Chair
ATTEST:
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Lisa Wittman, Administrative Assistant