HomeMy WebLinkAbout06-22-2021 Special City Council Meeting Minutes
SPECIAL CITY COUNCIL MEETING
Mayor
Amáda Márquez Simula
Councilmembers
John Murzyn, Jr.
Connie Buesgens
Nick Novitsky
Kt Jacobs
City Manager
Kelli Bourgeois
City Hall—Council Chambers, 590 40th Ave NE
Tuesday, June 22, 2021
3:00 PM
MINUTES
Due to COVID-19 pandemic, this hybrid meeting was held both virtually and in-person.
CALL TO ORDER/ROLL CALL
Mayor Márquez Simula called the meeting to order at 3:01 pm.
Present: Mayor Márquez Simula; Councilmember Buesgens; Councilmember Jacobs; Councilmember
Murzyn, Jr.; Councilmember Novitsky
Also Present: Jared Ackmann, Reuter Walton; Kelli Bourgeois, City Manager; Aaron Chirpich,
Community Development Director; Sofia Lykke, Kennedy & Graven; Nicole Tingley, City Clerk
PLEDGE OF ALLEGIANCE
ITEMS FOR CONSIDERATION
1. Preliminary Issuance Consideration of Multifamily Housing Revenue Bonds
Community Development Director Chirpich noted that a special meeting was needed in
order to accommodate Reuter Walton’s submittal of application to the State of Minnesota
for financing. Chirpich stated that Reuter Walton is requesting that the City issue tax-
exempt bonds on their behalf to support the construction of the affordable housing
development approved at the last City Council meeting. He explained that these bonds are
not an obligation of the City or its taxpayers, but rather the Reuter Walton. The developer
will be reimbursing the City for all costs associated with the issuance of the bonds as well
as paying an issuance fee in the amount of 1% of the principal amount of bonds issued. This
is estimated to be approximately $100,000. He added that the City has previously issued
bonds of this type for other projects in the City.
Chirpich clarified that the resolution is preliminary authorization and not final approval for
issuance. Furthermore, the City will need to submit a housing program/plan to the
Metropolitan Council for review and comment.
Motion by Councilmember Jacobs, seconded by Councilmember Buesgens, to waive the
reading of Resolution No. 2021-53, there being ample copies available to the public. A roll
call vote was taken. All Ayes, Motion Carried 5-0.
Motion by Councilmember Jacobs, seconded by Councilmember Novitsky to approve
Resolution No. 2021-53, a resolution granting preliminary authorization to the issuance of
revenue bonds or other obligations under Minnesota Statutes, Chapter 462C, as amended,
City of Columbia Heights MINUTES June 22, 2021
Special City Council Meeting Page 2
to finance the costs of a multifamily housing development; approving the preparation and
submission of a housing program with respect thereto; approving the submission of an
application for an allocation of bonding authority; establishing compliance with certain
reimbursement regulations under the Internal Revenue Code of 1986, and amended; and
taking certain other actions. A roll call vote was taken. All Ayes, Motion Carried 5-0.
ADJOURNMENT
Motion by Councilmember Buesgens, seconded by Councilmember Murzyn, Jr., to adjourn. A roll call
vote was taken. All Ayes, Motion Carried 5-0.
Meeting adjourned at 3:09 pm.
Respectfully Submitted,
______________________________________
Nicole Tingley, City Clerk/Council Secretary