Title
Approval of the February 13, 2013 HRA meeting minutes.
Body
ROLL CALL
Present: Commissioners Bostrom, Brendmoen, Carter, Lantry, Stark, Thune, Tolbert
CONSENT
1. Approval of the January 23, 2013 HRA meeting minutes.
Commissioner Lantry moved approval.
VOTE: Yeas - 7 Nays - 0
2. Amending the Neighborhood Stabilization Program Budgets
Commissioner Lantry moved approval. Approved as set forth in resolution RES 13-198
VOTE: Yeas - 7 Nays - 0
3. Resolution Approving and Authorizing Execution of the Second Amendment to Subcontract for Credit Counseling Services Agreement with Minnesota Home Ownership Center and Further Amendments to Agreement.
Commissioner Lantry moved approval. Approved as set forth in resolution RES 13-251
VOTE: Yeas - 7 Nays - 0
4. Resolution Authorizing Participation in Round 6 of the National Foreclosure Mitigation Counseling Program Administered by the Minnesota Housing Finance Agency (MHFA) and Acceptance of a Grant from the Minnesota Housing Finance Agency (MHFA) for the Purpose of Mortgage Foreclosure Prevention Counseling, Citywide
Commissioner Lantry moved approval. Approved as set forth in resolution RES 13-252
VOTE: Yeas - 7 Nays - 0
PUBLIC HEARING
5. Resolution Approving the Sale of Land and Conveyance of Parcel 1215 Sherburne Avenue under the ISP/NSP Program, Hamline-Midway, District 11
Ms. Cecile Bedor, Executive Director for the HRA, stated that the HRA purchased this property in May 2009 for approximately $73,000. This is a two-story, 1100 square foot, three-bedroom, one-bathroom home that was built in 1914. The rehabilitation cost was $99,500, and the property is being sold to Ian Linder for $162,500. The total gap is $37,700, and the total program income is $138,000.
Chair Thune announced the public hearing. There being no testimony Commissioner Stark moved to close the public hearing and adopt the resolution. Approved as set forth in resolution RES PH 13-44
VOTE: Yeas - 7 Nays - 0
ADJOURNMENT
Commissioner Bostrom moved adjournment. The HRA meeting was adjourned.