HomeMy WebLinkAboutHRA mtg Aug 7, 2017HOUSING & REDEVELOPMENT AUTHORITY
MINUTES OF THE MEETING
OF AUGUST 7, 2017
Call to order – The meeting was called to order by Chair Murzyn at 6:30 pm.
Roll Call – Members present:
Donna Schmitt, Nick Novitsky, Connie Buesgens, and John Murzyn Jr.
Members absent: Bobby Williams
Others Present: Assistant to the City Manager Kelli Bourgeois, Deputy Director
Joe Hogeboom, Keith Dahl, and Shelley Hanson
Oath of Office-Nick Novitsky took the oath of office.
Approve Minutes from February 13, 2017.
Motion by Schmitt, seconded by Buesgens,
to approve the minutes from February 13, 2017 as presented. All ayes. MOTION PASSED.
BUSINESS ITEM
Authorize Interfund Transfer of Park View Villa Fund 213 Balance
Dahl explained
in the staff report that the Housing and Redevelopment Authority previously owned Parkview Villa, a senior housing facility. The City of Columbia Heights committed certain funds by
Resolution, not otherwise subject to external or internal restrictions, to the specified purpose of senior housing. Among those funds committed was the Parkview Villa South Fund 213.
In
2015, the HRA conveyed Parkview Villa to a private operator and since then has ceased all senior housing operations. Therefore, the City Council determined it was no longer necessary
to commit the PVV Fund to the management and operation of Parkview Villa. On July 10, 2017, the City Council adopted Resolution 2017-76, a Resolution which effectively authorized a
change to the fund balance designation of the PVV Fund from senior housing to redevelopment, and recommended that the HRA transfer the entire PVV Fund balance in the amount of $1,025,445
to a Columbia Heights Economic Development Authority fund for economic redevelopment activities.
The resolution before the HRA for approval would authorize an interfund transfer of
the entire PVV fund balance to the EDA Redevelopment Project Fund 408. These funds would be used in connection with the Commercial Revitalization Project initiated by the EDA earlier
this year, more specifically to purchase nonconforming properties within the commercial corridors throughout the City.
Staff recommends approval of Resolution 2017-13 as presented.
Questions
from Members:
There were no questions by members as they have discussed this matter previously.
HRA Minutes
Page 2
August 7, 2017
Motion by Schmitt, seconded by Novitsky , to waive the reading of Resolutions 2017-03, there being ample copies available to the public. All ayes.
MOTION PASSED.
Motion by Novitsky, seconded by Buesgens, to approve Resolution 2017-03, a resolution authorizing an interfund transfer of a certain Housing and Redevelopment Authority
Fund. All ayes. MOTION PASSED.
RESOLUTION NO. 2017-03
A RESOLUTION AUTHORIZING AN INTERFUND TRANSFER OF A CERTAIN HOUSING AND REDEVELOPMENT AUTHORITY FUND
BE IT RESOLVED, By the
Housing and Redevelopment Authority in and for Columbia Heights (the “HRA”) as follows:
WHEREAS, on July 10, 2017, the City Council (the “Council”) of the City of Columbia Heights (“City”)
adopted Resolution No. 2017-76, which changed the fund balance designation of Parkview Villa South Fund 213 (the “PVV Fund”) to Redevelopment; and
WHEREAS, the HRA has determined the
purpose for which the PVV Fund was created has been satisfied and expired, and therefore it is no longer necessary and desirable to maintain the PVV Fund balance; and
WHEREAS, the
City and HRA have determined it advantageous and cost-effective to consolidate funds with redundant purposes and to account for any given parcel of land held for resale under as few
funds as possible; and
WHEREAS, the HRA is authorized to transfer certain funds by resolution, and has determined that the PVV Fund balance should be committed to economic redevelopment
purposes carried out by the Columbia Heights Economic Development Authority (the “EDA”).
NOW, THEREFORE BE IT RESOLVED, by the Board of Commissioners of the Housing and Redevelopment
Authority in and for Columbia Heights, that HRA authorizes the interfund transfer of the entire PVV Fund balance in the estimated amount of $1,025,445 to the EDA Redevelopment Project
Fund 408, effective upon the date of approval of this resolution; and
BE IT FURTHER RESOLVED, that the Executive Director of the HRA is authorized to take all actions necessary to
effect the interfund transfer of the PVV Fund balance to EDA Redevelopment Project Fund 408, pursuant to this resolution.
HRA Minutes
Page 3
August 7, 2017
ORDER OF HOUSING AND REDEVELOPMENT AUTHORITY
Passed this __7th_______ day of ___August__________, 2017
Offered by:
Novitsky
Seconded by:
Buesgens
Rol
l Call:
All ayes
Chair
Attest:
Assistant Secretary
The meeting was adjourned at 6:37 pm.
Respectfully submitted,
Shelley Hanson
Secretary