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04-08-14 HRA Minutes REGULAR MEETING OF THE HOUSING AND REDEVELOPMENT AUTHORITY April 8, 2014 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 8, 2014 at 6:30 pm. The following members were present: Commissioners Joanie Clausen, Larry Fonnest, Shep Harris, Steve Schmidgall and Andy Snope. Also present were HRA Director Thomas Burt and Administrative Assistant Judy Nally. Approval of Aqenda MOVED by Harris, seconded by Snope and motion carried unanimously to approve the agenda as submitted. Approval of Minutes - Januarv 14, 2014 MOVED by Harris, seconded by Snope and motion carried unanimously to approve the Housing and Redevelopment Authority minutes of January 14, 2014 as submitted. A�proval of Bills MOVED by Snape, seconded by Clausen and motion carried unanimously to approve the bills as submitted. Receipt of March 2014 Financial Reports MOVED by Harris, seconded by Snope and motion carried unanimously to receive and file the March 2014 Financial Reports. Decertification of Golden Hills Tax Increment District Sue Virnig, Finance Director, reviewed the agenda item and answered questions from the Commissioners. MOVED by Clausen, seconded by Fonnest and motion carried unanimously to request the City Council to consider a resolution to discontinue collection of tax increment from the parcels located in the Golden Hills Tax Increment Financing District. Tax Increment Financinq Policv and Application Form - Rescindinq Resolution 06-03, Resolution Revisinq the Tax Increment Financinq Policv and Adoptinq a Tax Increment Financinq Policv and Application Form Jason Zimmerman, City Planner, reviewed the agenda item and answered questions from the Commissioners. Thomas Burt and Sue Virnig, Finance Director, answered questions from the Council. Housing and Redevelopment Authority April 8, 2014 Page 2 Tax Increment Financinq Policv and Application Form - Rescinding Resolution 06-03, Resolution Revisinq the Tax Increment Financinq Policv and Adoptinq a Tax Increment Financinq Policv and Application Form - Continued Commissioner Harris introduced the following resolution and moved its adoption: RESOLUTION 14-3 RESOLUTION RESCINDING RESOLUTION 06-03 RESOLUTION REVISING THE TAX INCREMENT FINANCING POLICY The motion for the adoption of the foregoing resolution was seconded by Commissioner Clausen and upon a vote being taken thereon, the following voted in favor thereof: Clausen, Fonnest, Harris, Schmidgall and Snope and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted, signed by the Chair and his signature attested by the Director. Commissioner Harris introduced the following resolution and moved its adoption: RESOLUTION 14-4 RESOLUTION ADOPTING A TAX INCREMENT FINANCING POLICY AND APPLICATION FORM The motion for the adoption of the foregoing resolution was seconded by Commissioner Snope and upon a vote being taken thereon, the following voted in favor thereof: Clausen, Fonnest, Harris, Schmidgall and Snope and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted, signed by the Chair and his signature attested by the Director. Adjournment MOVED by Harris, seconded by Clausen and motion carried unanimously to adjourn the meeting at 6:55 pm. , �/ � � e en T Schmidgall, Chair ATTEST: / l J Nall , Administra ive Assistant