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1 <br />I CITY OF ST. ANTHONY <br />2 HOUSING AND REDEVELOPMENT AUTHORITY MEETING <br />3 SEPTEMBER 25, 2007 <br />4 <br />5 <br />6 CALL TO ORDER <br />7 <br />8 Chair Faust called the meeting to order at 7:46 p.m. <br />9 <br />10 ROLL CALL <br />I1 Commissioners present: Chair Faust; Commissioners Gray, Horst, Stille, and Thuesen. <br />12 Commissioners absent: None <br />13 Also present: Executive Director Michael Mornson <br />14, <br />15 <br />16 I. APPROVAL OF SEPTIsMI3ER 25, 2007 H.R.A. AGENDA <br />17 <br />18 Motion by Commissioner Thuesen, seconded by Commissioner Stille, to approve the September <br />19 25, 2007 Housing and Redevelopment Authority Agenda as presented. <br />20 <br />21 Motion carried unanimously <br />22 <br />23 II. CONSENT AGENDA <br />24 <br />25 A. Approve the September 11, 2007, H.R.A. Minutes. <br />26 B. Claims <br />27 <br />28 Motion by Commissioner Stille, seconded by Commissioner Horst, to approve the September 11, <br />29 2007 Consent Agenda as presented. <br />30 <br />31 Motion carried unanimously. <br />32 <br />33 III. PUBLIC HEARINGS <br />34 <br />35 None <br />36 <br />37 IV. GENERAL POLICY BUSINESS OF THE H.R.A. <br />38 <br />39 A. Resolution 07-011: Sixth Amendment to the Development Agreement for Silver Lake <br />40 Village. <br />41. <br />42 Ms. Stacy Kvilvang, Ehlers & Associates, reported that on November 14, 2006, the City <br />43 approved a fifth amendment to the Redevelopment Contract with Apache Redevelopment LLC. <br />44 She stated the amendment extended the dates to commence construction of the residential condo <br />45 buildings by one year to September 1, 2008 for building 113 and September 1, 2009 for building <br />46 44, and it split the TIF PAYG note into two notes. <br />47 <br />48 Ms. Kvilvang reported that the developer is working with their lender on the financing package <br />