HomeMy WebLinkAboutHRA MINUTES 04262022I CITY OF ST. ANTHONY
2 HOUSING AND REDEVELOPMENT AUTHORITY MEETING
3 APRIL 26, 2022
4
5
6 CALL TO ORDER.
7
8 Chair Stille called the meeting to order at 8:25 p.m.
9
10 ROLL CALL.
11
12 Present: Chair Stille, Commissioners Jenson, Randle, Walker, and Webster.
13 Absent: None
14 Also Present: Executive Director Charlie Yunker
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
I. APPROVAL OF APRIL 26, 2022 H.R.A. AGENDA.
Motion by Commissioner Jenson, seconded by Commissioner Randle, to approve the April 26,
2022 Housing and Redevelopment Authority Agenda as presented.
Motion carried 5-0.
II. CONSENT AGENDA.
A. H.R.A. Meeting Minutes of April 12, 2022.
Motion by Commissioner Webster, seconded by Commissioner Walker, to approve the Consent
Agenda as presented.
Motion carried 5-0.
III. PUBLIC HEARINGS.
A. HRA Resolution 22-06 — Approving The Land Swap Agreement Between Interstate
Development Corp, Lowry Multifamily LLC, Lowery Retail LLC, Bremer Bank and The
Housing and Redevelopment Authority.
Chair Stille opened the public hearing at 8:33 p.m.
Executive Director Yunker reviewed on February 8, 2022, the HRA Board approved that certain
Land Swap Agreement between Interstate Development Corp, Lowry Multifamily LLC., Lowry
Retail LLC, Bremer Bank, and the HRA (the "Land Swap Agreement"). The parties are nearing
completion of due diligence and a possible closing under the Land Swap Agreement, which
would include the HRA's sale of HRA's sale of HRA-owned property located at 2654 Kenzie
Terrace in accordance with the Land Swap Agreement. In accordance, Minnesota Statutes
Section 369.029, any sale of property owned by a housing and redevelopment authority made
without public bidding first requires a public hearing. The public hearing is the final step in
approving the sale of 2654 Kenzie Terrace and such approval is a condition to closing under the
Land Swap Agreement. The parties are in the process of negotiating a possible amendment to the
Land Swap Agreement in connection with information obtained during each parties' due
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
Housing and Redevelopment Authority Meeting Minutes
April 26, 2022
Page 2
diligence of its respective parcel. Any such amendment will be considered at a future HRA
meeting.
Chair Stille closed the public hearing at 8:38 p.m.
Motion by Commissioner Jenson, seconded by Commissioner Walker, to approve Resolution 22-
06 — Resolution Approving the Land Swap Agreement Between Interstate Development Corp,
Lowry Multifamily LLC., Lowry Retail LLC, Bremer Bank and the Housing and Redevelopment
Authority of St. Anthony.
IV. GENERAL POLICY BUSINESS OF THE H.R.A. — NONE.
V. STAFF REPORTS — NONE.
VI. H.R.A. COMMISSIONER COMMENTS — NONE.
VII. INFORMATION AND ANNOUNCEMENTS — NONE.
VIII. ADJOURNMENT.
Chair Stille adjourned the meeting at 8:40 p.m.
Respectfully submitted,
Debbie Wolfe
TimeSaver Of%'Site Secretarial, Inc.
ATTEST:
Ci Clerk
Motion carried 5-0.