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01-12-16 HRA Minutes REGULAR MEETING OF THE HOUSING AND REDEVELOPMENT AUTHORITY January 12, 2016 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 12, 2016 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 Timothy Cruikshank 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 Fonnest, seconded by Harris and motion carried to nominate Schmidgall for the office of Chair. MOVED by Fonnest, seconded by Harris and motion carried to nominate Clausen for the office of Vice Chair. Schmidgall accepted the nomination for Chair and Clausen accepted the nomination for 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 13, 2015 and Special Meetinq - December 15, 2015 MOVED by Snope, seconded by Harris and motion carried unanimously to approve the Regular Housing and Redevelopment Authority minutes of October 13, 2015 and the Special Housing and Redevelopment Authority minutes of December 15, 2015 as submitted. Approval of Bills MOVED by Clausen, seconded by Snope and motion carried unanimously to approve the bills as submitted. Housing and Redevelopment Authority January 12, 2016 Page 2 Receipt of December 2015 Financial Reports Sue Virnig, Finance Director, answered questions from the Commissioners. MOVED by Clausen, seconded by Harris and motion carried unanimously to receive and file the December 2015 Financial Reports. Adoption of 2016 General Fund Budqet Sue Virnig, Finance Director, answered questions from the Commissioners. Commissioner Fonnest introduced the following resolution and moved its adoption: RESOLUTION 16-1 RESOLUTION OF THE HOUSING AND REDEVELOPMENT AUTHORITY (HRA) ADOPTING THE 2016 GENERAL FUND BUDGET 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, 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 Harris 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 Fonnest 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. Adiournment MOVED by Snope, seconded by Fonnest and motion carried unanimously to adjourn the meeting at 6:39 pm. Housing and Redevelopment Authority January 12, 2016 Page 3 .�►"�i�... . �1,;� ll Steven T Schmidgall, hair ATTEST: � Ju y Nally, dministrative ssistant