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HomeMy WebLinkAboutHRA MINUTES 01261988A -. -. ==Z O F S T_ ANTHONY H O U S 2 N G AND R E D EVE L O PMEN T AUTHOR = TY M = N UT E S JANUARY 2 6 1 9 8 8 1 The meeting was called to order at 8:21 P.M. by Chair Sundland. 2 Present for roll call: Sundland, Vice Chair Enrooth (didn't appoint 3 new ones), Secretary/Treasurer Marks, and 4 Commissioners Ranallo and Makowske. 5 Also present: David Childs, Executive Director. 6 DECEMBER 8, 1987 H.R.A. MINUTES 7 Motion by Marks, seconded by Makowske to approve the above as 8 submitted. 9 Motion carried unanimousl 10 CLAIMS 11 Motion by Ranallo, seconded by Sundland to approve payment of 12 $1,588.85 to the Dorsey & Whitney law firm for legal services rendered •13 the H.R.A. during November, 1987. 14 Motion carried unanimously. 15 Motion by Marks, seconded by Ranallo to approve payment of $850.00 16 ($550.00 under budget) to Donald A. Hennessy, CRA, for review of real 17 estate and fixture appraisals of the St. Anthony Village Shopping 18 Center excess property for the Kenzie Terrace Redevelopment Project. 19 Motion carried unanimously. 20 Motion by Ranallo, seconded by Marks to approve payment of $4,449.89 21 to Development Advisory Services for Richard Krier's October, 22 November, and December, 1987, consulting services on the final phases 23 of the Kenzie Terrace Redevelopment Project. 24 Motion carried unanimously. 25 Mr. Childs indicated questions the Planning Consultant had related to 26 the Pelton appraisals related to the property acquisition for the 27 Kenzie Terrace Redevelopment Project had been resolved and copies of 28 the appraisals had been sent to the persons intended to receive them. 29 Motion by Marks, seconded by Sundland to approve payments of billings 30 for $5,500 and $7,600 to C. R. Pelton & Associates. 01 Motion carried unanimously. • 2 to Lot Surveys Company, Inc. for services related to the survey 3 overlap on property to be acquired for the Kenzie Terrace Redevelopment 4 Project. 5 6 NEW BUSINESS Motion carried unanimously. 7 Motion by Ranallo, seconded by Makowske to designate Stuart J. 8 Bonniwell, CPA, to do the H.R.A. 1987 audit. 9 Motion carried unanimousl 10 EXECUTIVE DIRECTOR REPORT 11 Mr. Childs had distributed copies of the letter from Lang Nelson 12 reapplying to do the final phases of the Kenzie Terrace Redevelopment 13 Project contingent upon their financer being able to get surety bonding 14 within a reasonable time. He pointed out that the Gaughan Company 15 was also willing to put up a Letter of Credit under the same 16 conditions and was now waiting to have their application for H.U.D. 17 credit enhancement cleared. The Executive Director pointed out that 18 with the bond interest changes in the last few weeks, both developers 19 are working hard to take advantage of the lower rates. •20 Mr. Childs indicated Mr. Krier would be meeting with Lang Nelson the 21 next day and a special meeting might be necessary within the next few 22 days to report that meeting. 23 ADJOURNMENT 24 Motion by Ranallo, seconded by Marks to adjourn the meeting at 8:30 25 P.M. 26 27 Respectfully submitted, 28 Helen Crowe, Secretary 29 :cjk • 2 Motion carried unanimously.