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CITY OF ST. ANTHONY <br /> HOUSING AND REDEVELOPMENT AUTHORITY MINUTES <br /> November 3 , 1983 <br /> The meeting was called to order by Chairman Sundland at *5 :05 P.M. <br /> Present-: Sundland,: Vice Chairman Letourneau and Commissioners <br /> Enrooth and ' Ranallo. Secretary/Treasurer Marks arrived <br /> at 5 :15 P.M. <br /> Also present: . David Childs , Executive Director; William Soth, City <br /> - Attorney; and Dick Krier, H.R.A. Consultant. <br /> Attorney Soth explained the negotiations underway with Arkell <br /> Development concerning the transaction for the land for Phase I of <br /> the Kenzie Terrace Project. <br /> He then presented a proposed 2nd Amendment to the Redevelopment Con- <br /> tract whereby the redeveloper would be allowed certain modifications <br /> to the deed, i .e . , the mortgage on the land would be held by Rothchild <br /> Financial and the. City would gain certain rights with respect to <br /> foreclosure on that mortgage if the redeveloper defaults on the <br /> redeveloper 's agreement. <br /> A motion was made by Secretary/Treasurer darks and seconded by <br /> Commissioner Enrooth to approve H.R.A. Resolution 83-012 which relates <br /> to authorization of the second amendment to the redevelopers agree- <br /> ment. <br /> H.R.A. RESOLUTION 83-012 <br /> AMENDMENT OF REDEVELOPMENT CONTRACT AND DEED FOR PHASE I <br /> IN RELATION TO MORTGAGE FOR ACQUISITION OF <br /> PHASE I BY REDEVELOPER <br /> Motion carried unanimously . <br /> The meeting adjourned at 5 : 45 P .M. <br />