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• C STY O F S T_ ANTHONY <br />HOU S S N G AND REDEVELOPMENT <br />AUTHOR S TY M 2 NUTS S <br />D E C EMB E R 8, 1 9 8 7 <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 S Whitney law firm for legal services <br />13 rendered to the H.R.A. during October, 1987. <br />14 <br />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 />ML 1 <br />