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01-14-15 HRA Minutes REGULAR MEETING OF THE HOUSING AND REDEVELOPMENT AUTHORITY January 13, 2015 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 13, 2015 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. Election of Officers The HRA Bylaws provide for the annual election of the HRA Chairperson and Vice Chairperson to serve a one year term. Chair Schmidgall opened the nominations. MOVED by Snope to nominate Schmidgall for the office of Chair. MOVED by Clausen to nominate Fonnest for the office of Vice Chair. MOVED by Harris, seconded by Snope and motion carried unanimously to close the nominations. Schmidgall accepted the nomination for Chair and Fonnest accepted the nomination for Vice Chair. MOVED by Harris, seconded by Snope and motion carried unanimously to appoint Schmidgall as Chair and Fonnest as Vice Chair. Approval of Aqenda MOVED by Snope, seconded by Clausen and motion carried unanimously to approve the agenda as submitted. Approval of Minutes - Reqular Meetinq - October 14, 2014 and Special Meetinq - November 12, 2014 MOVED by Snope, seconded by Harris and motion carried unanimously to approve the Regular Housing and Redevelopment Authority minutes of October 14, 2014 and the Special Housing and Redevelopment Authority minutes of November 12, 2014 as submitted. Approval of Bills MOVED by Snope, seconded by Harris and motion carried unanimously to approve the bills as submitted. Housing and Redevelopment Authority January 13, 2015 Page 2 Receipt of December 2014 Financial Reports Sue Virnig, Finance Director, reviewed the Financial Reports and answered questions from the Commissioners. MOVED by Fonnest, seconded by Harris and motion carried unanimously to receive and file the December 2014 Financial Reports. Adoption of 2015 General Fund Budget Sue Virnig, Finance Director, reviewed the General Fund Budget and answered questions from the Commissioners. Commissioner Harris introduced the following resolution and moved its adoption: RESOLUTION 15-1 RESOLUTION OF THE HOUSING AND REDEVELOPMENT AUTHORITY (HRA) ADOPTING THE 2015 GENERAL FUND BUDGET 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. Desiqnation of Depositories Commissioner Snope stated that he is obtaining from the vote as his wife works for Wells Fargo. Commissioner Fonnest introduced the following resolution and moved its adoption: RESOLUTION 15-2 RESOLUTION DESIGNATING DEPOSITORIES FOR HRA FUNDS The motion for the adoption of the foregoing resolution was seconded by Commissioner Harris and upon a vote being taken thereon, the following voted in favor thereof: Clausen, Fonnest, Harris and Schmidgall; and the following abstained: 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 Snope, seconded by Clausen and motion carried unanimously to adjourn the meeting at 6:41 pm. Housing and Redevelopment Authority January 13, 2015 Page 3 .� l� �4i►,� . Zti, Steven T Schmidgall, hair ATTEST: Ju Nally, dministrative As tant