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2019-09-10 7800 Golden Valley Road I Golden Valley,MN 55427 763-593-8012 1 TTY 763-593-3968 1 763-593-8109(fax)I www.goldenvalleymn.gov Housing & Redevelopment Authority September 10, 2019-6:30 pm Council Conference Room Golden Valley City Hall WORK SESSION MINUTES 7800 Golden Valley Road 1. Call to Order The meeting was called to order at 6:30 pm by Chair Fonnest. 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 Planning Intern Anderson 2. 4d Affordable Housing Incentive Program Planning Intern Anderson presented the staff report including information on the Minnesota Statute allowing qualifying low-income rental properties to be eligible for a class rate reduction in property taxes. She provided information on the Affordable Housing Incentive program and the benefits to the property owners and the City of Golden Valley along with the financial impact and overall process. She answered questions from the Commissioners. HRA Director Cruikshank and HRA Attorney Cisneros answered questions from the Commissioners. The Commissioners discussed the 4d Affordable Housing Incentive Program, ways of advertising the program, the renewal process and the HRA budget. The Commissioner's consensus was to move forward with the program. HRA Director Cruikshank said that the item would be added to the next Housing& Redevelopment Authority meeting on October 15. 3 . Adjournment The meeting adjourned at 7:03 pm. Larry Fonn ; Chair Z Kristine A. Luedke, City Clerk This document is available in alternate formats upon a 72-hour request. Please call 763-593-8006(TTY: 763-593-3968)to make a request. Examples of alternate formats MI may include large print, electronic, Braille, audiocassette, etc.