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CCAgenda_04Feb4_wksp
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CCAgenda_04Feb4_wksp
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<br />C7 <br />CxAM'BR 17 <br />Minn. Seat. § 469.0]2, subd. 4. While HRAs have the legal authority to "do whatever is necessary and <br />convenient" to implement redevelopment, they are subject to the ordinances <br />and laws of the city. The city council must approve HRA plans before the <br />Minn. swt. § a69.o2a. housing and redevelopment authority may begin implementation. <br />5. Contracting <br />Minn. stet. § 469.o1s. All HRA construction work and purchases of equipment, supplies or <br />materials that involve expenditure of $35,000 or more if the HRA is located <br />in a city of under 2,500, and $50,000 for all other HRAs located in cities, <br />must be competitively bid. There are limited exceptions for emergencies and <br />certain projects. <br />6. Financing <br />Minn. Stet. §§ 469.033 and Operating funds, capital improvements, and debt retirement expenses for <br />469'034' HRA projects maybe financed by any one, or combination of, the following <br />methods: <br />Federal grants; <br />• Revenue bonds the HRA or local governing body sell; <br />• General obligation bonds the local governing body sells; <br />• Tax increments from redevelopment projects; <br />• A limited mill levy for redevelopment projects and planning activities; <br />• A limited mill levy for informational and relocation services. <br />Mi„n. Stet. § 469.003, <br />subds. 4, 6. <br />Minn. Stet. § 469.003, subd. 7. <br />Minn. Stet. § 469.013. <br />7. Certifications to state <br />The following documents relating to the establishment and activities of <br />local HRAs must go to the commissioner of the DTED: <br />• Resolution of need; <br />Certificates of appointment or reappointment of FiRA commissioners; <br />• Project reports; <br />• Applications for federal assistance; <br />• Contracts with federal agencies; <br />Redevelopment plans; and, <br />• Low rent public housing prof ect and management plans. <br />In addition, annual financial reports must go to the state auditor. <br />. HANDBOOK FOR MINNESOTA CtTB:s 17-5 <br />14 <br />
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