HomeMy WebLinkAboutHRA MINUTES 02281989• C__== OF S T_ ANTHONY
HOU S 2 N G AND REDEVELOPMENT
AUTHOR = TY M 2 NUT E S
FEBRUARY 28, 3_989
1 Chair Sundland opened the meeting at 9:05 P.M.
2 ROLL CALL
3 Present for roll call: Sundland, Secretary/Treasurer Marks, and
4 Commissioners Makowske and Ranallo.
5 Absent: Vice Chair Enrooth.
6 Also present: David Childs, Executive Director
7 Sue VanderHeyden, Assistant to the City Manager
8 JANUARY 24. 1989 H.R.A. MINUTES
9 Motion by Marks, seconded by Ranallo to approve as presented.
itNotion carried unanimously.
11 CLAIMS
12 Motion by Makowske, seconded by Marks to approve payment of $9,688.75
13 to the Dorsey 6 Whitney law firm for legal services rendered the H.R.A.
14 during December, 1988.
15
Motion carried unanimously.
16 H.R.A. DECIDES NOT TO SET UP PROPOSED DEVELOPMENT ACCOUNT FOR SIGNAGE
17 AT ST. ANTHONY SHOPPING CENTER
18 Mr. Childs reported the Center Manager had requested that the City
19 consider setting up the account into which about $20,000 left over from
20 tax increment projects could be used to provide help, on a need basis,
21 for some of the merchants who might have difficulty paying for the new
22 uniform signage required by the Center owners.
23 Following an indepth discussion of the proposal, the consensus of the
24 H.R.A. was that the complexity of developing a loan program and detailed
25 criteria for qualifying potential applicants made such a project
26 unworkable. The potential cost savings of interest reduction on a very
27 short-term loan, coupled with the small amount of funds available and
It 1
1 the lack of banking expertise necessary to evaluate the need were
Wadditional reasons for the decisions not to pursue such a program.
3 ADJOURNPSENT
4 Motion by Marks, seconded by Makowske to adjourn the St. Anthony Housing
5 and Redevelopment Authority meeting at 9:25 P.M.
M
7 Respectfully submitted,
8 Helen Crowe, Secretary
9 :cjk
•
40 2
Notion carried unanimously.