HRA MINUTES 08261986 - Laserfiche WebLink

Home Browse Search

CITY OF ST. ANTHONY. • HOUSING AND REDEVELOPMENT AUTHORITY MINUTES August 26, 1986 The meeting was called to order at 9:03 P.M. by Chairman Sundland. Present for roll call: Sundland, Vice Chair Enrooth, Secretary/Treasurer Marks, and Commissioners Makowske and Ranallo. Also present: David childs, Executive Director. Motion by Secretary/Treasurer Marks and -seconded by Vice Chair;-Enrooth to.,approve,the minutes of the H.R.A. meeting held June 10, 1986, with the following changes related to H.R.A. members' titles: Page 1, para. 3: Substitute "H.R.A." for "City" following "William Soth". Page 2, para. 8: Substitute "Chairman" for "Mayor" before "Sundland" in line 1. Page 2, para. 9: Substitute "Commissioner" for "Councilmember".before' "Makowske" in line 1. Page 2, para. 10: Substitute "Vice Chair" for "Councilmember" before "Enrooth" in line 1. Page 3, para. 4: Substitute "Vice Chair" for "Commissioner" before "Enrooth" in line 1. Motion carried unanimously. Motion by Secretary/Treasurer Marks and seconded by Commissioner Ranallo to approve payments of $440.91 and $1,022.20 to the Dorsey & Whitney law`.firm:for-services to the H.R.A. during May and June, 1986. Motion carried unanimously. Secretary/Treasurer Marks indicated that as part of his duties as H.R.A. Treasurer, he had gone over the books with Finance Director Carol Johnson and found that, as recommended in the audit, she was separating the various H.R.A. accounts according -to tax increment districts and he said.he had concluded Mrs. Johnson was "pretty ;aggressive" when it came to obtaining the best interest available for money the H.R.A. had invested. When Vice Chair Enrooth asked for the timetables for action for Phases II and III of the Kenzie Terrace Redevelopment project,the Executive Director told him the developers have to place the Housing Revenue Bonds by October 1st and would have to direct the H.R.A. to acquire the land for their project before December 31, 1986, or they would be in :default. Mr. Childs reiterated as he had previously reported to the H.R.A. members, that he had met with John Arkell several weeks before and the developer' had indicatedAArkell •Development was still interested in doing their project, although they might be returning with proposals for changes at a later date. The Executive Director said he had not heard from Mr. Arkell since that date.