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PL PACKET 01191988
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PL PACKET 01191988
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Last modified
12/30/2015 3:36:41 PM
Creation date
12/30/2015 3:36:30 PM
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SP Box #
15
SP Folder Name
PL PACKETS 1988
SP Name
PL PACKET 01191988
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• C X TY OF S T _ ANTHONY <br /> HOU S =NG AND REDEVE L.OPMENT <br /> AUTHOR 2 TY M=NUTE S <br /> DECEMBER 8 1 9 8 � <br /> 1 The meeting was called to order at 10: 51 P.M. by Chair Sundland. <br /> 2 Present for roll call: Sundland, Vice Chair Enrooth, Secretary/ <br /> 3 Treasurer Marks, and Commissioners <br /> 4 Ranallo and Makowske. <br /> 5 Also present: David Childs, Executive Director <br /> 6 William Soth, H.R.A. Attorney <br /> 7 NOVEMBER 24 , 1987 H.R.A. MINUTES <br /> 8 Motion by Marks, seconded by Ranallo to approve as presented. <br /> 9 Motion carried unanimously. <br /> 10 CLAIMS <br /> 11 Motion by Ranallo, seconded by Marks to approve payment of <br /> 012 $2,294. 29 to the Dorsey & Whitney law firm for legal services <br /> 13 rendered to the H.R.A. during October, 1987. <br /> 14 Motion carried unanimously. <br /> 15 KENZIE TERRACE REDEVELOPMENT PROJECT UPDATE <br /> 16 The Executive Director indicated he and Mr. Soth had assumed Mr. <br /> 17 Krier would be present to bring the H.R.A. up to date on the <br /> 18 above, but in his absence they would report on events in which <br /> 19 they had been involved. <br /> 20 Arkell Refuses H.R.A. Settlement Offer <br /> 21 Mr. Childs reported he and Chair Sundland had met with Mr. Arkell <br /> 22 the previous day and he had refused their offer to allow the City <br /> 23 to buy him out of the deal but felt that a much higher number <br /> 24 would tempt the redeveloper to settle. The reason given for not <br /> 25 settling was that Mr. Arkell believed the Gaughan Companies <br /> 26 would eventually do the final phases of the project and he had <br /> 27 already told his creditors he would be getting $400 ,000 interest <br /> 28 on the bonds when that happened. <br /> • 1 <br />
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