HomeMy WebLinkAboutHRA MINUTES 10282025
CITY OF ST. ANTHONY 1
HOUSING AND REDEVELOPMENT AUTHORITY MEETING 2
October 28, 2025 3
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I. CALL TO ORDER. 5
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Chair Webster called the meeting to order at 8:26 p.m. 7
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II. ROLL CALL. 9
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Present: Chair Webster, Commissioners Doolan, Elnagdy, Jenson, and Randle. 11
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Absent: None. 13
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Also Present: Executive Director Charlie Yunker. 15
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III. APPROVAL OF OCTOBER 28, 2025 H.R.A. AGENDA. 17
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Motion by Commissioner Jenson, seconded by Commissioner Doolan, to approve the October 19
28, 2025, Housing and Redevelopment Authority Agenda as presented. 20
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Motion carried 5-0. 22
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IV. CONSENT AGENDA. 24
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A. H.R.A. Meeting Minutes of August 12, 2025. 26
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Motion by Commissioner Doolan, seconded by Commissioner Jenson, to approve the Consent 28
Agenda as presented. 29
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Motion carried 5-0. 31
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V. PUBLIC HEARINGS – NONE. 33
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VI. GENERAL POLICY BUSINESS OF THE H.R.A. 36
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A. HRA Resolution 25-06 – Approving Fifth Amendment to Contract for Private 38
Redevelopment Between the Housing and Redevelopment Authority of Saint Anthony, 39
Minnesota, The City of Saint Anthony Village, Doran SLV, LLC, Doran St. Anthony, 40
LLC, and Doran SLV II, LLC. 41
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Executive Director Yunker reviewed the initial Contract for Private Redevelopment and 43
contemplated the construction of each phase of The Ruby project to be done in two phases. 44
Phase I is complete, and Phase II has encountered challenges to commence construction, 45
resulting in multiple extensions requested by the developer and subsequently approved by the 46
City Council to date. 47
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Housing and Redevelopment Authority Meeting Minutes
October 28, 2025
Page 2
Due to those ongoing market challenges, Doran SLV, LLC is requesting an additional extension 1
of the timing requirements on Phase 2. Doran SLV, LLC proposes a Phase II Commencement 2
deadline of January 1, 2028, and completion date of January 1, 2030. 3
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During the review process of the required documents to facilitate an extension by the City’s legal 5
and financial advisors, it was advised that the language regarding Tax Increment Financing (TIF) 6
for Phase II be removed. The anticipated timeline for the project completion is now coming very 7
close to the end date of the existing TIF district, resulting in negligible TIF assistance generated 8
for the project. Staff is recommending to removal of the previously approved TIF assistance. 9
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Mr. Yunker noted these are the same documents approved at the prior City Council Regular 11
Meeting. 12
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Motion by Commissioner Jenson, seconded by Commissioner Randle, to approve HRA 14
Resolution 25-06 – Approving Fifth Amendment to Contract for Private Redevelopment 15
Between the Housing and Redevelopment Authority of St. Anthony, MN, the City of St. 16
Anthony Village, Doran SLV, LLC, Doran St. Anthony, LLC, and Doran SLV II, LLC. 17
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Motion carried 5-0. 19
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VII. STAFF REPORTS – NONE. 21
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VIII. H.R.A. COMMISSIONER COMMENTS – NONE. 23
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IX. INFORMATION AND ANNOUNCEMENTS – NONE. 25
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X. ADJOURNMENT. 27
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Motion by Commissioner Doolan, seconded by Commissioner Randle, to adjourn the meeting at 29
8:35 p.m. 30
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Motion carried 5-0. 32
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Respectfully submitted, 35
Debbie Wolfe 36
TimeSaver Off Site Secretarial, Inc. 37
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ATTEST: ________________________________ Chair 41
City Clerk 42
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