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11-12-14 Special HRA Minutes SPECIAL MEETING OF THE HOUSING AND REDEVELOPMENT AUTHORITY November 12, 2014 Pursuant to due call and notice thereof, a special 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 November 12, 2014 at 6 pm. The following members were present: Chair Steve Schmidgall, Commissioners Joanie Clausen, Larry Fonnest, Shep Harris and Andy Snope. Also present were HRA Director Thomas Burt, HRA Attorney Allen Barnard and Administrative Assistant Judy Nally. Public Hearinq - Modification No, 2 to the Tax Increment Financinq Plan for Tax Increment Financinq (Renewal and Renovation) District Within Hiqhwav 55 West Redevelopment Proiect Area (Hiqhwav 55 TIF Renewal and Redevelopment Proiect) - Resolution Approving Modification No. 2 to the Tax Increment Financinq Plan for Tax Increment Financinq (Renewal and Renovation) District No. 1 Jason Zimmerman, Planning Manager introduced the agenda item and answered questions from the Commissioners. Susan Virnig, Finance Director and Thomas Burt, HRA Director answered questions from the HRA. The Chair opened the meeting for public input and persons present to do so were afforded the opportunity to express their views thereon. Hearing and seeing no one, the Chair closed the public hearing. Commissioner Harris introduced the following resolution and moved its adoption: RESOLUTION 14-6 RESOLUTION APPROVING MODIFICATION NO. 2 TO THE TAX INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING (RENEWAL AND RENOVATION) DISTRICT NO. 1 The motion for the adoption of the foregoing resolution was seconded by Commissioner Fonnest and upon a vote being taken thereon, the following voted in favor thereof: Fonnest, Harris, Schmidgall and Snope; and the following voted against the same: Clausen, whereupon said resolution was declared duly passed and adopted, signed by the Chair and his signature attested by the Director. Other Business Commissioner Snope stated that a number of homes near the Bottineau Transitway have been up for sale and he asked about the possibility of the HRA purchasing properties in the area. Thomas Burt stated if the HRA/City Council were interested that would have to be discussed during the budget process in 2015 for 2016. Housing and Redevelopment Authority November 12, 2014 Page 2 Adiournment MOVED by Harris, seconded by Snope and motion carried unanimously ta adjourn the meeting at 6:19 pm. �, , ` , ,/I,'�? ' ,�+,. , � e en T Schmidgall, Chair ATTEST: J Nally Administr ve Assistant