09-01-15 Special HRA Minutes SPECIAL MEETING OF THE
HOUSING AND REDEVELOPMENT AUTHORITY
September 1, 2015
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 September 1, 2015, at 5:30 pm.
The following members were present: Chair Steve Schmidgall, Commissioners Larry
Fonnest, Shep Harris, and Andy Snope. Also, present were Assistant City Manager
Knauss, Assistant HRA Director Nevinski, HRA Attorney Barnard, and City Clerk Luedke.
Commissioner Clausen arrived at 5:57 pm.
Approval of A�enda
MOVED by Commissioner Harris, seconded by Commissioner Snope and motion carried
unanimously to approve the agenda of September 1, 2015, as submitted.
MOVED by Commissioner Snope, seconded by Commissioner Fonnest to add
Cornerstone Creek Redevelopment Update under Other Business and the motion carried.
Approval of Tax Increment Financing District, Libertv Crossinq, and Tax Increment
Financina Plan
Marc Nevinski, Assistant HRA Director introduced the agenda item and answered
questions from the Commissioners.
Commissioner Snope introduced the following resolution and moved its adoption:
RESOLUTION 15-4
RESOLUTION APPROVING TAX INCREMENT FINANCING DISTRICT
(REDEVELOPMENT), LIBERTY CROSSING AND THE
TAX INCREMENT FINANCING PLAN THEREFOR
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 was absent: Clausen; 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 Assistant
Director.
Approval of Modification to Redevelopment Plan, Tax Increment Financina District
(Housina), Cornerstone Creek, and Tax Increment Financina Plan
Marc Nevinski, Assistant HRA Director introduced the agenda item and answered
questions from the Commissioners.
Special Meeting of the Housing and Redevelopment Authority
September 1, 2015
Page 2
Auproval of Modification to Redevelopment Plan, Tax Increment Financina District
(Housinq), Cornerstone Creek, and Tax Increment Financinq Plan - Continued
Commissioner Fonnest introduced the following resolution and moved its adoption:
RESOLUTION 15-5
RESOLUTION APPROVING A MODIFICATION TO THE REDEVELOPMENT PLAN
FOR HIGHWAY 55 WEST REDEVELOPMENT PROJECT AREA, AND TAX INCREMENT
FINANCING DISTRICT (HOUSING), CORNERSTONE CREEK,
WITHIN HIGHWAY 55 WEST REDEVELOPMENT PROJECT AREA AND
THE TAX INCREMENT FINANCING PLAN THEREFOR
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: Fonnest,
Harris, Schmidgall and Snope, and the following was absent: Clausen; 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 Assistant Director.
Other Business
Cornerstone Creek Redevelopment Update
Marc Nevinski, Assistant HRA Director introduced the agenda item and answered
questions from the Commissioners. Finance Director Virnig and City Attorney Barnard
answered questions from the Commissioners.
Heidi Rathmann, Community Housing Development Corporation, answered questions from
the Commissioners regarding the Cornerstone Creek Redevelopment project.
Adiournment
MOVED by Commissioner Snope, seconded by Commissioner Harris and motion carried
unanimously to adjourn the meeting at 6:22 pm.
/V'�JI.-� • Z'l,�� ��
Steven T Schmidgall, hair
ATTEST:
Kristine A. Luedke, City Clerk