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10-14-14 HRA Minutes REGULAR MEETING OF THE HOUSING AND REDEVELOPMENT AUTHORITY October 14, 2014 Pursuant to due cail 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 14, 2014 at 6:30 pm. The following members were present: Chair Steve Schmidgall, Commissioners Joanie Clausen, Larry Fonnest, and Shep Harris; and the following was absent: Andy Snope. Also present were: Assistant City Manager Chantell Knauss; Attorney David Schelzel; and Administrative Assistant Judy Nally. Approval of Aqenda MOVED by Harris, seconded by Fonnest and motion carried unanimously to approve the agenda as submitted. Approval of Minutes - April 8, 2014 MOVED by Harris, seconded by Clausen and motion carried unanimously to approve the Housing and Redevelopment Authority minutes of April 8, 2014 as submitted. Approval of Bills Sue Virnig, Finance Director answered questions regarding the Financial Reports. MOVED by Harris, seconded by Clausen and motion carried unanimously to approve the bills as submitted. Receipt of September 2014 Financial Reports MOVED by Fonnest, seconded by Clausen and motion carried unanimously to receive and file the September 2014 Financial Reports. Hiqhwav 55 West Tax Increment Financinq District No. 1 (Renewal and Renovation) Resolution Expressinq Intent to Modify the Tax Increment Financing Plan for Hiqhwav 55 West Tax Increment Financinq District No. 1 (Renewal and Renovation) in Order to Prepare for the Golden Villa Development Proposal and Set Special HRA Meetinq and Call for Public Hearinq - Modify the Tax Increment Financinq Plan - 11/18/14 Jason Zimmerman, Planning Manager introduced the agenda item and answered questions from the Commissioners. Housing and Redevelopment Authority October 14, 2014 Page 2 Hiqhwav 55 West Tax Increment Financinq District No. 1 (Renewal and Renovation) Resolution Expressing Intent to Modify the Tax Increment Financinq Plan for Hiqhway 55 West Tax Increment Financinq District No. 1 (Renewal and Renovation) in Order to Prepare for the Golden Villa Development Proposal and Set Special HRA Meetinq and Call for Public Hearinq - Modifv the Tax Increment Financinq Plan - 11/18/14 - Continued Commissioner Fonnest introduced the following resolution and moved its adoption: RESOLUTION 14-5 RESOLUTION EXPRESSING INTENT TO MODIFY THE TAX INCREMENT FINANCING PLAN FOR HIGHWAY 55 WEST TAX INCREMENT FINANCING DISTRICT NO. 1 (RENEWAL AND RENOVATION) IN ORDER TO PREPARE FOR THE GOLDEN VILLA DEVELOPMENT PROPOSAL The motion for the adoption of the foregoing resolution was seconded by Gommissioner Harris and upon a vote being taken thereon, the following voted in favor thereof: Clausen, Fonnest, Harris, and Schmidgall; and the following was absent: 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. MOVED by Harris, seconded by Fonnest approve a Call for Public Hearing at a Special HRA meeting on November 12, 2014 at 6 pm, to Modify the Tax Increment Financing Plan for Highway 55 West Tax Increment Financing District No. 1 (Renewal and Renovation). Adiournment MOVED by Harris, seconded by Fonnest and motion carried unanimously to adjourn the meeting at 6:42 pm. ,�� ` . �, �` � Ste en T Schmidgall, Chair ATTEST: _/ ! Ju Nall Administra e Assistant