HomeMy WebLinkAboutHRA MINUTES 05261998I
1 CITY OF ST. ANTHONY
e HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES
3 MAY 26, 1998
4 I. CALL TO ORDER/ROLL CALL.
5 The meeting was called to order at 9:21 P.M.
6 11. ROLL CALL.
7 Commissioners Present: Chair Ranallo, Vice -Chair Faust, Secretary Marks, and
8 Commissioners Cavanaugh and Thuesen.
9 Also Present: Executive Director Michael Morrison.
10 Commissioners Absent: None.
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III. APPROVAL OF MAY 26, 1998 HRA AGENDA.
Motion by Marks, second by Thuesen to approve the May 26, 1998 HRA Agenda as
presented.
Motion carried unanimously.
IV. APPROVAL OF MAY 12, 1998 HRA MINUTES.
Motion by Marks, second by Thuesen to approve the May 12, 1998 HRA minutes as
presented.
Motion carried unanimously.
V. PRESENTATION OF CLAIMS.
Motion by Marks, second by Faust to approve the following claims:
A. Tennis Courts
1. Carlson Equipment:
a. In the amount of $38.34 for rental of a vibrator motor.
b. In the amount of $272.64 for hi -speed concrete.
2. Midwest Asphalt in the amount of $859.26 for 1997 seasonal invoice.
3. Marshall Concrete Products, Inc. (15 invoices) in the amount of $6,394.21
for miscellaneous.
4. Valmont Industries Inc. in the amount of $1,320.00 for miscellaneous.
Motion carried unanimously.
VI. PRESENTATION OF HRA'S 1997 AUDIT BY STUART BONNIWELL.
Stuart Bonniwell, Certified Public Accountant presented the City of St. Anthony HRA
1997 Audit. He noted there are currently four outstanding bond issues. The first is the
refunding bonds of 1991 which provided financing for the Kenzie Terrace improvement.
The last bond payment of this debt was paid in February of 1998. The bonds from this
district have been left open and will be used to fund shortages in other districts. The
Housing and Redevelopment Authority Meeting Minutes
• May 26, 1998
Page 2
second is the refunding bonds for the Walbon District. The third is the bonds for the
community center. The fourth is the TIF related to Apache Plaza.
Mr. Bonniwell noted that Chandler and Evergreen were paid back to the developers. The
Community Center has funds remaining in the amount of $145,000. The contractor is still
due $45,000 and the remainder is for construction of the tennis courts, etc.
Marks asked if it would be possible to utilize the audit reports and reconstruct the history
of the City's redevelopment and provide a summary of the debt incurred through the
entire HRA process. It would also demonstrate the benefits to the City of TIF funding.
Mr. Bonniwell stated this could be accomplished.
10 Motion by Marks, second by Faust to approve the 1997 City of St. Anthony HRA Audit
11 as presented by Stuart Bonniwell, Certified Public Accountant.
12 Motion carried unanimously.
13 VII. OTHER BUSINESS.
0 Cavanaugh asked if a tax impact study had been performed.
15 Morrison reported he had worked with Bob Thistle, Springsted, and it was his opinion
16 that a tax impact study was not necessary. This was due to a State Legislative change
17 which allows funds from other districts to be utilized.
18 Cavanaugh asked how time lines for the Kenzie project and the trailer park were
19 established. He asked if these are active projects.
20 Mornson explained that the Council discusses in Work Session format, which areas of the
21 City they would like redeveloped and funds for that are set aside. The City Manager is
22 then directed to pursue that redevelopment. In the Kenzie area there was a case of willing
23 seller/willing buyer. The mobile home owner is not yet willing to sell.
24 Mayor Ranallo noted that the mobile home owner has to deal with relocation costs and
25 there would also have to be an area for water retention on the site.
26 Cavanaugh suggested that a moratorium be placed on the mobile homes and that every
27 time a home becomes vacant in the lot, that it be demolished.
28 Momson noted this is an issue for review at a Work Session.
GMotion by Cavanaugh, second by Marks to adjourn the meeting at 9:40 P.M.
Housing and Redevelopment Authority Meeting Minutes
• May 26, 1998
Page 3
I VIII. ADJOURNMENT.
2 Motion by Cavanaugh, second by Marks to adjourn the meeting at 9:40 P..M.
3 Motion carried unanimously.
4 Respectfully submitted,
5 Lorri Kopischke
6 TimeSaver Off Site Secretarial, Inc.
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