HomeMy WebLinkAboutJune 5, 2017ECONOMIC DEVELOPMENT AUTHORITY (EDA)
MINUTES OF THE MEETING OF
JUNE 5, 2017
The meeting was called to order at 6:33 pm by President Szurek
Members Present: Williams, Buesgens, Murzyn,
Herringer, Schmitt, Novitsky, and Szurek
Staff Present: Walt Fehst, Keith Dahl, Joseph Hogeboom, and Shelley Hanson.
Don Drier, a college student seeking a degree in Public Administration
was also present. He is a Columbia Heights resident who wants to observe various City meetings and will be joining the Comprehensive Plan Committee to further his education in this
area and learn first-hand how local government works.
PLEDGE OF ALLEGIANCE- RECITED
Nick Novitsky was officially sworn in as an EDA member.
CONSENT ITEMS
Approve the Minutes from
May 22, 2017
Approve the Financial Report and Payment of Bills for April 2017 on Resolution 2017- 12.
Questions by Members:
There were no questions.
Motion by Williams, seconded
by Murzyn, to waive the reading of Resolution 2017-12 there being an ample amount of copies available to the public. All ayes. MOTION PASSED.
Motion by Williams, seconded by Murzyn,
to approve the Minutes of May 22, 2017, and the Financial Report and Payment of Bills for April, 2017 as presented. All ayes. MOTION PASSED.
RESOLUTION NO. 2017-12
A Resolution of
the Economic Development Authority of Columbia Heights, Minnesota, Approving the Financial Statements for the Month of April, 2017 and the Payment of the Bills for the Month of April,
2017.
WHEREAS, the Columbia Heights Economic Development Authority (EDA) is required by Minnesota Statutes Section 469.096, Subd. 9, to prepare a detailed financial statement which
shows all receipts and disbursements, their nature, the money on hand, the purposes to which the money on hand is to be applied, the EDA's credits and assets and its outstand ing liabilities;
and
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WHEREAS, said Statute also requires the EDA to examine the statement and treasurer's vouchers or bills and if correct, to approve them by resolution
and enter the resolution in its records; and
WHEREAS, the financial statements for the month of April, 2017 has been reviewed by the EDA Commission; and
WHEREAS, the EDA has examined
the financial statements and finds them to be acceptable as to both form and accuracy; and
WHEREAS, the EDA Commission has other means to verify the intent of Section 469.096, Subd.
9, including but not limited to Comprehensive Annual Financial Reports, Annual City approved Budgets, Audits and similar documentation; and
WHEREAS, financials statements are held
by the City’s Finance Department in a method outlined by the State of Minnesota’s Records Retention Schedule,
NOW, THEREFORE BE IT RESOLVED by the Board of Commissioners of the Columbia
Heights Economic Development Authority that it has examined the referenced financial statements including the check history, and they are found to be correct, as to form and content;
and
BE IT FURTHER RESOLVED the financial statements are acknowledged and received and the check history as presented in writing is approved for payment out of proper funds; and
BE
IT FURTHER RESOLVED this resolution is made a part of the permanent records of the Columbia Heights Economic Development Authority.
Passed this 5th day of June, 2017.
Motion by:
Williams
Seconded by: Murzyn
PUBLIC HEARING
1. DEEDING OF EXCESS PROPERTY – CONVEYANCE OF 4147 7TH ST-RESOLTUION 2017-13
Dahl stated that over the years, the Columbia
Heights Economic Development Authority (the “EDA”) has purchased several blighted residential properties throughout the City of Columbia Heights (the “City”) for various housing redevelopment
programs. A few of the properties acquired are non-conforming residential properties pursuant to City Code of Ordinances, Chapter 9, Article I, Section 9.106, Subd. (B)(4); and Section
9.109, Subd. (C) because they do not meet the minimum lot area and dimensions. The EDA owned property located at 4147 7th Street NE, Columbia Heights, MN 55421 (the “Subject Property)
zoned as R-2A One and Two Family Residential District is one of these non-conforming residential properties. The following are excerpts from City Code pertaining to the non-conformity
of the Subject Property.
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City Code of Ordinances, Chapter 9, Article I, Section 9.106, Subd. (B)(4):
A lot of record shall be deemed a buildable lot provided it has frontage
on a public right-of-way and meets the setback and area requirements for the district in which it is located, or adjusted to conform as follows: a lot or lot of record upon the effective
date of this article which is in a residential district and which does not meet the requirements of this article as to area or width, may be utilized for single-family detached dwelling
purposes provided the measurements of such lot meets 100% of the front yard, side yard and rear yard setback requirements for the district in which it is located and 60% of the minimum
lot area or lot width requirements for the district in which it is located.
City Code of Ordinances, Chapter 9, Article I, Section 9.109, Subd. (C):
Lot area, setback, height and lot
coverage requirements for uses in the residential districts shall be as specified in the following table for R-2A One and Two Family Residential District:
Minimum Lot Area Single-Family
Dwelling:
6,500 sp. ft.
Minimum Lot Area Two-Family Dwelling:
12,000 sp. ft.
Minimum Lot Width:
60 ft.
Dahl told members that the Subject Property is thirty (30) feet by
one-hundred twenty-nine and fifteen hundredths (129.15) feet. Since the lot width or area does not meet the minimum lot width (30 ft. ≠ 60 ft.) or area (3874.5 sq. ft. ≠ 6,500 sq. ft.)
respectively, the Subject Property is not buildable. Thus, in certain circumstances such as this, the EDA has tended to deed the property to an adjacent property owner(s).
Staff reached
out to both property owners who are adjacent to the Subject Property to see if either property owner had an interest in acquiring all or a portion of the Subject Property. The only response
staff received was from the property owners of 4149 7th Street NE, Vladimir and Tisha Maksimovich (collectively, Maksimovich). The Maksimovichs have expressed an interest in acquiring
the Subject Property from the EDA for the addition of more yard space.
For consideration tonight, the EDA must determine if the conveyance of the Subject Property to Maksimovich is
advisable. A notice of public hearing was published in the Sun Focus for any person wishing to express an opinion on this matter to be heard orally or in writing.
At this time staff
recommends conveyance of 4147 7th Street NE to Vladimir and Tisha Maksimovich. Once combined, they will have a 70 ft. wide lot which would be considered a conforming lot.
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Questions from members:
Williams asked how many properties were left of the ones purchased by the City. Dahl said there are two lots for sale from
those purchased prior to 2016 and there are two lots that will be for sale as soon as the structures are demolished. Williams asked what the City paid for the lot and how much we are
getting for it. Dahl said the City purchased the lot in 2009, but he didn’t remember the amount paid. He said he could provide that information to Williams later. Dahl went on to
say that the Maksimovichs were not paying anything for the lot, but it would increase the value of their property, and therefore generate more taxes as it would be back on the tax rolls,
rather than remaining tax exempt as it is now. He went on to say that the City has also been expending money on the lot keeping it mowed for the past 8 years. Williams thought they
should have paid something for the lot, even though he knows we would never recoup the entire cost.
Schmitt asked if the City can mandate that it be combined with their property into
one parcel. Dahl said they can combine the two parcels in order to simplify the records and tax statements. However, even if they keep as two separate lots and have two tax statements,
it still would not be a buildable lot, so it can only be used as extra yard space.
Public Hearing Opened..
No one was present to speak on this.
Public Hearing Closed.
Motion by
Schmitt, seconded by Buesgens, to waive the reading of Resolution 2017-13, there being ample copies available to the public. All ayes. MOTION PASSED.
Motion by Schmitt, seconded byHerringer,
to adopt Resolution 2017-13, Resolution Approving the Conveyance of 4147 7th Street NE, Columbia Heights, MN 55421 to Vladimir and Tisha Maksimovich.
Roll call: ayes-Buesgens, Herringer,
Murzyn, Schmitt, Szurek
Nays- Williams and Novitsky. MOTION PASSED.
COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY
RESOLUTION 2017-13
The undersigned, being the current members
of the Board of Commissioners of the Columbia Heights Economic Development Authority (the "Authority"), take the following actions in writing.
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WHEREAS, the Authority is the current owner of certain real property located at 4147 7th Street NE, Columbia Heights, Anoka County, Minnesota, and
legally described as the South 30 feet of Lot 22, Block 45, Columbia Heights Annex to Minneapolis, Anoka County, Minnesota (the “Property”);
WHEREAS, Vladimir and Tisha Maksimovich
(collectively, “Maksimovich”) own and reside at property adjacent to and north of the Property, and have expressed interest in acquiring the Property from the Authority;
WHEREAS, the
Authority is willing to convey the Property to Maksimovich, in consideration for Maksimovich paying all closing costs associated with the conveyance of the Property; and
WHEREAS, the
Authority, through its undersigned Commissioners, has reviewed copies of the proposed Quit Claim Deed transferring the Property to Maksimovich (“Deed”).
NOW, THEREFORE, be it resolved
that Marlaine Szurek, as the President of the Authority, is hereby authorized, empowered and directed for and on behalf of the Authority to deliver to Maksimovich and cause for recording
in the Office of the County Recorder of Anoka County, Minnestoa, the Deed and any other documents that may be incidental to the consummation of the conveyance of the Property to Maksimovich.
RESOLVED FURTHER, that Marlaine Szurek, as the President of the Authority, is hereby authorized and directed to execute and take such action as she deems necessary and appropriate
to carry out the purpose of the foregoing resolutions.
RESOLVED FURTHER, that these actions shall be effective as of June 5, 2017.
By: ___________________________
Donna Schmitt, Vice
President
By: ___________________________
Connie Buesgens, Commissioner
By: ___________________________
John Murzyn, Commissioner
By: ___________________________
Gerry
Herringer, Commissioner
By: ___________________________
Robert Williams, Commissioner
By: ___________________________
Nick Novitsky, Commissioner
A Quit Claim
Deed will be executed conveying title to the Maksimovichs.
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BUSINESS ITEM
1. ACHRA LEVY UPDATE-KAREN SKEPPER, ANOKA COUNTY DIRECTOR OF COMMUNITY AND GOVERNMENT RELATIONS
Skepper was present to give the EDA Board
an update of ACHRA Levy funds and other funding sources that have benefited Columbia Heights. She explained that her position with Anoka County has three different areas of responsibilities.
As the Community Development Director she receives Federal Funds that must be used to benefit lower income and older housing areas. The CDBG program is an example of this type of
funding. She said Columbia Heights has received almost one million dollars of Federal Funds over the last five years for projects such as contaminated site clean-up, redevelopment
of the Mady’s site, the Commercial Revolving Loan Program, funding for the construction of the Circle Terrace Peace Park building, as well as funding for SACA which serves the residents
of Columbia Heights. She told members that the amount allocated for the Circle Terrace Park building must be spent by the end of 2017. She also oversees the Home Investment Partnership
Program that provides funds to build or maintain affordable housing. Some of these funds were used at Parkview Villa to do upgrades while the City owned it. Another good program that
benefited the City of Columbia Heights was the Neighborhood Stabilization Program. During the downturn in the economy, Anoka County also bought up distressed properties and either remodeled
them or tore them down and built new homes. Out of the 90 homes they purchased in Anoka County, 13 of them were in Columbia Heights. Skepper told members this was a very successful
program that caused property owners near the new homes to also fix up their properties.
The second part of her job is Government Relations. She said she is part of a committee that
meets three times a year whereby they receive Emergency Management Updates, legislative updates, and infrastructure/traffic updates for our state. She is the connection on behalf of
Anoka County cities to the State Legislators. At the Federal level she serves on a committee to lobby for Federal Funding to help accomplish goals important to our Cities/County.
The
third part of her job is Executive Director of the Anoka County HRA. It was created in the 1990’s to create Sr. Housing. Initially the goal was to build market rate units for seniors.
Columbia Heights residents do get preference on the waiting lists of these buildings as they are part of Anoka County. Since then the job has evolved and as the Executive Director
she has taken on Economic Development at the County level. A committee determined there was a need for an Economic Development Dept. but did not want to add an additional levy on the
taxpayers for this. An Economic Gardening Program was started that focuses on helping small businesses to grow. These second stage businesses participate in information forums, networking,
and customizing research. Since its inception the program has centralized and combined with other counties in the metro area. The Open to Business Program is part of this program and
Columbia Heights has a person who serves this area on a monthly basis.
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Skepper said she also represents Anoka County in the Greater MSP which works to improve the image of the Twin Cities and the State overall in order
to draw employees/professionals, and businesses to the area. They especially target medical and technology companies.
Skepper said her department is not funded by the General Fund,
but is funded by the administrative fees collected by administering the HRA levy dollars. Those administrative fees pay for her staff to obtain as much Federal, State, and other organization
funding as possible and then to disburse to the cities in Anoka County depending on the criteria of the funding. She told members that Columbia Heights has benefited greatly by receiving
conduit financing to make some big projects work for us, as well as the CDBG and HOME funds that we have received. The City has received a lot more funding for redevelopment than what
we pay in administrative fees.
Fehst said that Skepper has worked well for our City and this must be considered when deciding on whether to continue in ACHRA for the next five years.
One example he used is the Circle Terrace building. The bids came in $129,000 over the estimate. He said that Skepper is trying to find some of that difference for us so we don’t lose
the funds that are already allocated for this project that must be used by year end.
Schmitt asked if the City decided to opt out of the ACHRA program if we would still be eligible
to receive any of the State and Federal funding programs. Skepper said we would still be eligible for the Federal programs, but not the local or State funds or any of the economic business
programs.
Herringer asked if we opted out what happens to the funds that have been collected, but not spent thus far. Skepper said she doesn’t know the legal answer to that question.
Schmitt asked how many cities participate in ACHRA and that let the County administer the funds. Skepper said that currently 17 of the 21 cities are members of the ACHRA. East Bethel,
Coon Rapids, Anoka, and Blaine do not. However a couple of the cities purchase some of the services, so they pay a fee also.
Dahl said that we need to make a decision about his by
August on whether to participate for another five years. This is part of our budgeting process which is why staff wanted Skepper to come and explain what the County does to help us
and the benefits we receive.
Schmitt asked Skepper to provide a breakdown of what monies the City has received over the last five years, and if they were from Federal programs or State
and local ones. Skepper said she draft something up although some of the it would be estimates since various funding sources may have been used.
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2. CENTRAL AVE COMMERCIAL REVITALIZATION PROJECT UPDATE
On May 1, 2017, the Columbia Heights Economic Development Authority (EDA) discussed three
alternative funding scenarios due to the need for increased capital to fund planned projects and programs for the revitalization of the commercial corridor along Central Avenue. And,
of these three scenarios presented, Commission Members directed staff to pursue Scenario B, which would effectively maximize the fund sources available to the EDA. The following information
is to provide Commission Members with a project update, as well as an overview of the Central Avenue Commercial Revitalization Project.
Scenario B – Maximize Fund Sources:
Participate
in the ACHRA economic development activities for another five (5) years
Increase the 2017 EDA levy to the statutory levy limit
Scenario “B” maximizes the amount of EDA funds available
for housing and economic development activates. The EDA would be able to maximize its fund sources by participating in the ACHRA for another five (5) years and increasing the EDA levy
from .0074188% to the statutory levy limit of .01813%. Based on the figures in the table below, the EDA would realize a fund increase in the amount of $121,280. Thus, bringing the total
of annual funds available to the EDA for housing and economic development activates to $259,257.10. The impact to tax payers would account for a property tax increase of $20 - $25 annually
for a resident who owns a property at an estimated market value of $200,000.
HRA Levy
EDA Levy
ACHRA Levy
Levy Percentage
.0185 %
.01813 %
N/A
Levy Amount
$ 209,468.00
$
205,280.00
$ 137,977.10
Amount of Change
N/A
$ 121,280.00
N/A
*Note: The figures in the table above were calculated using the 2016 levies (Payable in 2017).
The total cost
of the Central Avenue Commercial Revitalization Project will be approximately $3,922,089.65. And, staff anticipates that this project will be an ongoing effort for the EDA over the course
of the next five (5) ten (10) years. Based on the total project cost and the projected funds that will be available to the EDA by maximizing the fund sources over the course of the next
five (5) to ten (10) years, staff has prepared the following infographics to help explain how the EDA will fund the Central Avenue Commercial Revitalization Project.
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Questions/comments from members:
Szurek said if we stay with ACHRA, it would pay for most of the estimated expenses.
Schmitt asked if the graphs include
any federal funding or other external funding . Dahl said it did not.
Williams asked if we had to make a decision tonight about continuing with ACHRA. Dahl said the final decision
didn’t have to be made until August.
Herringer said it is hard to project 10 years out, as a lot can happen to have an impact on the proposed plan.
Buesgens thought we should go for
full funding and invest in the community and small businesses while we have options of funding.
3. SELECT REAL ESTATE AGENT FOR AN EXCLUSIVE RIGHT TO REPRESENT
Dahl explained that
on May 1, 2017, the Columbia Heights Economic Development Authority (EDA) directed staff to request exclusive representation proposals from local real estate agents or groups to assist
with acquisition of legal non-conforming residential structures along Central Avenue. Staff received three proposals from three local real estate groups that exclusively represent residential
buyers. All three real estate groups are prevalent throughout Northeast Minneapolis and Columbia Heights and are knowledgeable of the residential market trends in the area. Below are
the three real estate agents and groups that submitted a proposal to staff in no particular order. All proposals received are available in the
Community Development Department for
review, due to the quantity and documentation type staff is not including the proposals in the packet.
Mark and Liz Grotewold – Edina Realty, Inc.
Pete T. Heryla & John M. Rockwell
– RE/MAX Synergy
Tam Le, Viet Le & Dan Baltzer – Pinnacle Realty Team
Dahl told members that our legal counsel advised that due to the Federal Relocation Act and the Minnesota Version
of the Uniform Relocation Act, government agencies are responsible for relocation fees if they are proactive in acquisition of industrial, commercial or residential property. Tenant
occupants may not waive their right to relocation fees, but Owner occupants may waive their right to relocation fees if the owner is proactive by reaching out to the government agency
or the owner lists their property on the open market. Thus, whoever is selected to represent the EDA in acquisition of legal non-conforming residential properties along Central Avenue,
there will be strict rules that will need to be followed in order for the EDA to not pay relocation fees.
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Staff recommends that the EDA select Pete T. Heryla & John M. Rockwell – RE/MAX Synergy based upon their proposal submitted and their previous work
experience with government agencies. Our legal counsel will help with language of what can be said or done, or how much contact there can be to avoid paying relocation fees.
Questions/comments
from members:
Schmitt asked for a summary of the bids. Dahl said that Edina Realty would charge 2.7% commission, but had no experience with government transactions or the constraints
they have to operate in. ReMax would charge 3.15% and has worked with us in the past so they have experience with government transactions. Pinnacle Realty would charge 5% commission
and had a very complex proposal about being proactive, which is something we can’t do according to our legal counsel.
Schmitt asked how they can really help us. Dahl said they get
quicker notice of MLS listings and since they have a license they can take immediate action on behalf of the City.
Motion by Buesgens, seconded by Herringer, to engage the services
of Pete T. Heryla & John M. Rockwell – RE/MAX Synergy to represent the Columbia Heights Economic Development Authority in the acquisition of residential structures along Central Avenue
NE and direct staff to prepare an Exclusive Representation Agreement for consideration at the July 10, 2017 EDA meeting. All ayes. MOTION PASSED.
4. SINGLE FAMILY HOME PROGRAM-CONCEPT
APPLICATION FOR 4647 TYLER ST.
Dahl told members that the Columbia Heights Economic Development Authority (the “EDA”) has received a completed concept application from Tollberg Homes
offering $22,500 for the purchase of the property located at 4647 Tyler Street NE (the “Property”). The Property is part of the Single Family Home Lot Sales Program, which was established
by the EDA in 2015 to stabilize and increase property values in the Heritage Heights Neighborhood.
The program’s lot prices are based upon the estimated market land value for each
individual property, but the EDA has the right and authority to review and adjust lot prices periodically provided that sufficient evidence supports the lots price reduction.
The 2017
Estimated Market Land Value for this particular property is $38,600. However, in speaking with various home builders and realtors, staff received comments that the lots located in the
Heritage Heights neighborhood, are generally lower in value than other properties throughout the City. Furthermore, the Public Works Department has confirmed that there was a
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water main break at the Subject Property, which resulted in the sewer and water lines being disconnected at the main. Thus, the offer from Tollberg
Homes of $22,500 is around what the EDA can expect to sell this property for. Dahl said that Tollberg has paid approximately $18,500 for the other parcels he purchased from the City,
so he has increased his offer for this property even though there will be additional expense for the water and sewer work.
Along with a completed concept application, Tollberg Homes
has submitted a written letter of intent, pictures of a previous home built, and an example house plan. The example house plan is a representation of what Tollberg Homes intends to construct
on the Property and should be reviewed based upon the features present. Dahl told members that the final plan will be brought before the members at the next meeting. The garage will
probably be located in the back due to the width of the lot.
Staff recommends approval of the concept application submitted by Tollberg Homes as presented.
Questions/comments from
members:
Schmitt asked if there had been any complaints on Tollberg during construction of his other properties. Dahl said the only complaints have been from Public Works due to a
lack of erosion control. One of the other homes under construction had dirt going into the sewer system and they had to pay to have it cleaned out. They have made corrections to prevent
this from happening again.
Motion by Williams, seconded by Buesgens, to approve the concept application submitted by Tollberg Homes for the property located at 4647 Tyler Street NE,
Columbia Heights, MN 55421. All ayes. MOTION PASSED.
Motion by Williams, seconded by Buesgens, to authorize staff to work with Tollberg Homes to determine specific house plans and
to prepare a Purchase and Redevelopment Agreement for consideration at the next EDA meeting on July 10, 2017. All ayes. MOTION PASSED.
5. 2017 EDA LEVY INCREASE
Dahl stated that on
May 1, 2017, the Columbia Heights Economic Development Authority (EDA) determined a need to increase the EDA levy to the state statute limit of .01813%. Pursuant to State Statue 469.107,
Subd. 1 and 2, the city may increase its levy for economic development authority purposes, subject to a reverse referendum. Thus, at the request of the EDA by resolution, the City Council
will need to pass a resolution stating the proposed amount of levy increase as well and to establish a public hearing two to four weeks after. A resolution that serves as a recommendation
to City Council for approving a levy increase of the Economic Development Authority was included in the packet. Dahl said we need to establish the hearing now since it takes two months
to process.
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Staff recommends approval of the EDA levy increase as presented.
Questions/comments by members:
There were no questions.
Motion by Buesgens, seconded
by Williams, to waive the reading of Resolutions 2017-14, there being ample copies available to the public. All ayes. MOTION PASSED.
Motion by Buesgens, seconded by Williams, to approve
Resolution 2017-14, resolution of the Economic Development Authority in and for Columbia Heights, Minnesota, approving a tax levy increase. All ayes. MOTION PASSED.
RESOLUTION NO.
2017-14
A RESOLUTION OF THE COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY, REQUESTING A TAX LEVY INCREASE BY THE CITY OF COLUMBIA HEIGHTS FOR ECONOMIC DEVELOPMENT PURPOSES.
BE IT
RESOLVED, By the Columbia Heights Economic Development Authority (the “EDA”) as follows:
WHEREAS, the City of Columbia Heights (the “City”) established the Columbia Heights Economic
Development Authority by an enabling resolution adopted on January 8, 1996, pursuant to Minnesota Statutes 469.090 to 469.1081 (the “EDA Act”); and
WHEREAS, the City Council of the
City has given to the EDA the responsibility for all development and redevelopment projects and programs; and
WHEREAS, under Section 469.107 of the EDA Act, the City is authorized to
levy a tax for the benefit of the Authority, in an amount not to exceed 0.01813 percent of the City’s estimated market value (the “EDA Levy”); and
WHEREAS, the City currently levies
an EDA Levy that is less of the 0.01813 percent of the City’s estimated market value as authorized by the EDA Act; and
WHEREAS, the City is authorized to increase its EDA Levy to the
statutory cap as provided in Section 469.107, subd. 2 of the EDA Act, upon the request of the EDA; and
WHEREAS, the EDA desires that the City increase its EDA Levy to $220,100 for taxes
payable in 2018, in order to better serve the EDA’s economic development activities within the City.
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NOW, THEREFORE BE IT RESOLVED, by the Board of Commissioners of the Columbia Heights Economic Development Authority, that the EDA request the City’s
approval of an increase of its EDA Levy to the amount of $220,100 for taxes payable in 2018, after a duly noticed public hearing as provided in the EDA Act; and
BE IT FURTHER RESOLVED,
that the Executive Director is instructed to transmit a copy of this resolution to the City Manager, Finance Director, and City Clerk of the City of Columbia Heights, Minnesota.
ORDER
OF ECONOMIC DEVELOPMENT AUTHORITY
Passed this __5th_______ day of ____June__________________, 2017
Offered by:
Buesgens
Seconded by:
Williams
Roll Call:
All ayes
President
Attest:
Assistant Secretary
OTHER BUSINESS:
Dahl passed out a memo and told members there is a need to hold a special meeting on June 12th at 5:45 pm in order
to call for Redemption of EDA Lease Revenue bonds to refinance the Series 2007B for Liquor Store.
He also told members the next regular meeting would be July 10th at 6:30 pm.
The
meeting was adjourned at 8:18 pm.
Respectfully submitted,
Shelley Hanson
Assistant Secretary