HomeMy WebLinkAboutAugust 28, 2000 HOUSING & REDEVELOPMENT AUTHORITY (HRA)
IN AND FOR COLUMBIA HEIGHTS
SPECIAL MEETING MINUTES OF MONDAY, AUGUST 28, 2000
CALL TO ORDER The Regular Meeting of the Housing & Redevelopment Authority (HRA) in and for Columbia
Heights was called to order by Chairman, $olm Hunter at 6:46 p.m., Monday, August 28, 2000, in the City Hall
Conference Room l, 590 40~ Avenue N.E., Columbia Heights, Minnesota.
ROLL CALL
Commission Members Present:
John Hunter, Marlaine Szurek, Don ~Iolly, Gary L. Peterson, Julienne Wyckoff, and
Jolm Hunter
StaffPresent: Walt Fehst, Executive Director
Ken Anderson, Deputy Executive Director/Assistant Secretary
Randy Schumacher, Community Development Assistant
APPROVAL OF MINWFES OF THE SPECIAL MEETING OF MAY 16, 2000.
MOTION by Marlaine Szurek, seconded by Don Jolly, to adopt the minutes of the May 16, 2000 regular meeting as
presented ia writing. All Ayes. MOTION CARRIED.
ADOPT PRELIMINARY 2001 HOUSING & REDEVELOPMENT AUTHORITY BUDGET AND PROPOSED
2001 LEVY.
Chairman Hunter introduced the discussion on the proposed 2001 Budget and Proposed 2001, levy for the Housing and
Redevelopment Authority in and for the City of Columbia Heights. Mr. Anderson indicated the HRA Proposed Budget
included expenses of $106,752 and revenue of $127,151. The difference between the revenues and the expenses is
attributable to the Business Revolving Loan Fund and other housing loans principal and interest scheduled to be received
in 2001. The Budget assumes that no additional loans will be issued in 2001. Mr. Anderson further explained that the
recommended HRA levy was $94,752 which was the same levy amount spread on taxable property in Columbia Heights
for taxes payable in 2000. The HRA levy maximum is calculated using a percentage established within the State Statute
of.0144% of the taxable market value in the City of Columbia Heights. The maximum amount that could be levied using
the pay 2000 values would be $95,328.28. ~
Mr. Anderson indicated that levy amount would be used to pay off the outstanding construction loan made to the
Sheffield Redevelopment Project. He indicated the HACA would be transferred to the Community Development Fund as
it has been for the last several years.
MOTION by Gary L. Peterson, seconded by Marlaine Szurek, to waive the reading of liRA Resolution 2000-02, there
being ample copies available to the Public. All Ayes. MOTION CARRIED.
MOTION by Gary L. Peterson, seconded by Marlaine Szurek, to adopt HRA Resolution 2000-02, being a Resolution of
the Housing and Redevelopment Authority in and for Columbia Heights, adopting the Preliminary 2001 Budget and
Recommending Setting the HRA Local Levy at $94,752. All Ayes. MOTION CARRIED.
OTHER BUSINESS.
Chairman Hunter requested staff provide the HRA Commissioners with the outstanding balance on the construction loan
funds made by the City to the Sheffield Redevelopment Project. The HRA levy is currently pledged to the repayment of
that reconstruction loan. Mr. Anderson indicated a loan balance amount would be forwarded to the Commissioners as
requested.
ADJOURNMENT.
MOTION by Gary L. Peterson, seconded by Julienae Wyckoff, to adjourn the meeting at 6:52 p.m. All ayes.
MOTION C.~.RIED.
I~.~HRA Minut~Spec. Mtg. 8-28-00