2019-01-15 7800 Golden Valley Road I Golden Valley,MN 55427 C l tlJ o/
763-593-8012(TTY 763-593-3968 763-593-8109(fax)I www.goldenvalleymn.gov 00M **
Housing & Redevelopment vallev
Authority Jan 15,2019-6:30 pm
Council Chambers
Golden Valley City Hall
REGULAR MEETING MINUTES 7800 Golden Valley Road
Call to Order
The meeting was called to order at 6:30 pm by Housing and Redevelopment Authority Chair
Clausen.
1. Roll Call
Commissioners present: Chair Joanie Clausen, Commissioners Shep Harris, Larry Fonnest, Gillian
Rosenquist and Steve Schmidgall
Staff present: HRA Director Cruikshank, HRA Attorney Cisneros and City Clerk
Luedke
2. Election of Officers
The HRA Bylaws provide for the annual election of the HRA Chairperson and Vice Chairperson
to serve a one year term.
MOTION made by Commissioner Rosenquist to nominate Commissioner Fonnest as the 2019
HRA Chair.
Commissioner Fonnest accepted the nomination.
MOTION made by Commissioner Schmidgall to nominate Commissioner Rosenquist as the 2019
HRA Vice Chair.
Commissioner Rosenquist accepted the nomination.
MOTION made by Commissioner Schmidgall, seconded by Commissioner Harris to approve
Commissioner Fonnest as the 2019 Chair and Commissioner Rosenquist as the 2019 Vice Chair
and the motion carried.
3. Approval of Agenda
MOTION made by Commissioner Harris, seconded by Commissioner Schmidgall to approve the
agenda of January 15, 2019, as submitted and the motion carried.
4. Approval of Housing and Redevelopment Authority Minutes- Regular Meeting-October 16,
2018
MOTION made by Commissioner Schmidgall, seconded by Commissioner Clausen to approve
the Regular Housing and Redevelopment Authority minutes of October 16, 2018, as submitted
and the motion carried.
City of Golden Valley HRA Regular Meeting Minutes 2
Jan 15, 2019—6:30 pm
5. Reimbursement of City Expenditures
Finance Director Virnig presented the staff report and answered questions
MOTION made by Commissioner Schmidgall, seconded by Commissioner Clausen to approve
the following payments: Cornerstone Creek$21,582.28, Golden Villa, LLC$109,466.50, and City
of Golden Valley$161,941.79. HRA will reserve $4,287.20 for the payment of North Wirth TIF
until all documents are approved on the bank merger and the motion carried.
6. Receipt of December 2018 Financial Reports
MOTION made by Commissioner Clausen, seconded by Commissioner Schmidgall to receive
and file the December 2018 HRA Financial Reports and the motion carried.
7. Adoption of 2019 General Fund Budget
Finance Director Virnig presented the staff report and answered questions from Council.
MOTION made by Commissioner Fonnest, seconded by Commissioner Schmidgall to adopt HRA
Resolution 19-01, adopting the 2019 General Fund Budget upon a vote being taken the
following voted in favor of: Clausen, Fonnest, Harris, Rosenquist, and Schmidgall, the following
voted against: none and the motion carried.
8. Designation of Depositories
Finance Director Virnig presented the staff report and answered questions from Council. Chair
Fonnest stated he would abstain from the voting due to his spouse being employed at US Bank.
MOTION made by Commissioner Schmidgall, seconded by Commissioner Clausen to adopt HRA
Resolution 19-02, designating Depositories for HRA Funds upon a vote being taken the
following voted in favor of: Clausen, Harris, Rosenquist, and Schmidgall, the following
abstained: Fonnest, the following voted against: none and the motion carried.
9. Adjournment
MOTION made by Commissioner Schmidgall, seconded by Commissioner Clausen and the
motion carried to adjourn the meeting at 6:38 p
Larry Fon e t, Chair
ATTEST:
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Kristine A. Luedke, City Clerk