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2019-07-16 7800 Golden Valley Road I Golden Valley,MN 55427 city of 763-593-8012 1 TTY 763-593-3968 1 763-593-8109(fax)I www.goldenvalleymn.gov golden Housing & Redevelopment va'fie' v Authority Jul 16, 2019-6:30 pm Council Chambers Golden Valley City Hall REGULAR MEETING MINUTES 7800 Golden Valley Road 1. Call to Order The meeting was called to order at 6:30 pm by Housing and Redevelopment Authority Chair Fonnest. 2. Roll Call Present: Chair Larry Fonnest, Commissioners Joanie Clausen, Shep Harris, Gillian Rosenquist and Steve Schmidgall Staff present: HRA Director Cruikshank, HRA Attorney Cisneros, Physical Development Director Nevinski and City Clerk Luedke 3. Approval of Agenda MOTION made by Commissioner Schmidgall, seconded by Commissioner Rosenquist to approve the agenda of July 16, 2019, as submitted and the motion carried. 4. Approval of Housing and Redevelopment Authority Minutes- Regular Meeting—April 16, 2019 MOTION made by Commissioner Schmidgall, seconded by Commissioner Clausen to approve the Regular Housing and Redevelopment Authority minutes of April 16, 2019, as submitted and the motion carried. S. Reimbursement of City Expenditures Finance Director Virnig presented the staff report. MOTION made by Commissioner Harris, seconded by Commissioner Schmidgall to approve the following payments: Cornerstone Creek $27,510, Golden Villas $169,236.50, Associated Bank $26,930.43 and the City of Golden Valley$188,234.93 and the motion carried. 6. Receipt of July 2019 Financial Reports Finance Director Virnig presented the staff report. MOTION made by Commissioner Clausen, seconded by Commissioner Schmidgall to receive and file the July 2019 HRA Financial Reports and the motion carried. City of Golden Valley HRA Regular Meeting Minutes 2 July 16, 2019—6:30 pm 7. Fourth Amendment and Assignment of GVEC Properties, LLC Private Development Agreement HRA Attorney Cisneros presented the staff report and answered questions from the Commissioners. Assistant Executive Director Nevinski answered from the Commissioners. MOTION made by Commissioner Schmidgall, seconded by Commissioner Clausen to approve the Fourth Amendment and Assignment of GVEC Properties, LLC Private Development Agreement and the motion carried. 8. Adjournment MOTION made by Commissioner Harris, seconded by Commissioner Schmidgall and the motion carried to adjourn the meeting at 6:43 pm. Larry F n st, Chair ATTEST: Kristine A. Luedke, City Clerk �--