Title
Approval of the November 9, 2011 HRA meeting minutes.
Body
ROLL CALL
Present: Commissioners Harris, Lantry, Stark, Thune
Absent: Commissioners Bostrom* and Helgen*
Excused: Commissioner Carter
CONSENT
1. Approval of the October 26, 2011 meeting minutes.
Commissioner Lantry moved approval.
VOTE: Yeas - 4 Nays - 0
PUBLIC HEARING
*Commissioner Bostrom arrived.
2. Authorization to Approve the Sale and Conveyance of Parcel 1420 Charles Avenue under the NSP Program, Hamline-Midway, District 11
Resolution RES PH 11-1170 was withdrawn.
3. Resolution Approving the Sale and Conveyance of Parcel 1390 Charles Avenue under the ISP/NSP Program, Hamline-Midway, District 11
Chair Thune announced the public hearing. There being no testimony Commissioner Stark moved to close the public hearing and approve the resolution. Approved as set forth in RESOLUTION NO. RES PH 11-1168
VOTE: Yeas - 5 Nays - 0
*Commissioner Helgen arrived.
4. Authorization to Enter into a Development Agreement; Approve Financing Assistance; and Approve the Conveyance and Sale of Land to Kendall Land Company, LLC for the Development of Parcel 840 Payne Avenue, Payne-Phalen, District 5
Commissioner Bostrom recognized Kendall Crosby and all his associates and stated that they have all been putting a lot of work into this delightful project happening on Phalen Boulevard; Kendall’s is very excited about the project and the City is happy to be working with them.
Ms. Cecile Bedor, Executive Director for the HRA recognized Ms. Sheri Pemberton from PED as project manager and stated that Ms. Pemberton along with staff from East Side Neighborhood Development Company have worked very hard to execute this agreement.
Chair Thune announced the public hearing. There being no testimony Commissioner Bostrom moved to close the public hearing and approve the resolution. Approved as set forth in RESOLUTION NO. RES PH 11-1171
VOTE: Yeas - 6 Nays - 0
5. Resolution Authorizing Conveyance of HRA-Owned Property at 1057 Marshall Avenue to the City of Saint Paul. District 8
Chair Thune announced the public hearing. There being no testimony Commissioner Lantry moved to close the public hearing and approve the resolution. Approved as set forth in RESOLUTION NO. RES PH 11-1162
VOTE: Yeas - 6 Nays - 0
6. Resolution Authorizing Acquisition of Vacated Park Land at 2270 Blake Avenue from the City of Saint Paul and Convey to Sara Billings, LLC as a Conduit Transfer; and Approval of Acquisition Agreement, St. Anthony Park, District 12
Chair Thune announced the public hearing. There being no testimony Commissioner Stark moved to close the public hearing and approve the resolution. Approved as set forth in RESOLUTION NO. RES PH 11-1167
VOTE: Yeas - 6 Nays - 0
SUSPENSION
Commissioner Lantry moved suspension of the rules. Rules were suspended.
VOTE: Yeas - 6 Nays - 0
7. Resolution Confirming the Reserve for PED Administration from Accumulated Conduit Bond Fees.
Ms. Bedor stated that this was an administrative item which, as part of an audit preformed last year, staff had been informed that the HRA would be subject to GASB 54; categorizing fund balances into standard definitions.
Ms. Bedor stated that this was an administrative item. During the 2010 audit, staff were informed that the HRA would be subject to GASB 54, which, among other things, requires that all fund balances be categorized. Ms. Bedor explained that while staff believes accumulated conduit bond fees were already reserved by Board action, but no resolution requiring this could be located. This resolution memorializes this practice.
Commissioner Lantry moved approval. Approved as set forth in RESOLUTION NO. RES 11-2312
VOTE: Yeas - 6 Nays - 0
ADJOURNMENT
Commissioner Lantry moved adjournment. The HRA meeting was adjourned.