Title
Approval of the February 27, 2013 HRA meeting minutes.
Body
ROLL CALL
Present: Commissioners Bostrom, Brendmoen, Carter, Lantry, Stark, Thune, Tolbert
CONSENT
1. Approval of the February 27, 2013 HRA meeting minutes.
Commissioner Stark moved approval.
VOTE: Yeas - 7 Nays - 0
PUBLIC HEARING
2. Resolution Approving the Sale of Land and Conveyance of Parcel 414 Edmund Avenue under the ISP/NSP Program, Thomas-Dale, District 7, Ward 1
Ms. Cecile Bedor, HRA Executive Director, stated that the HRA purchased 414 Edmund in November 2009 with NSP funds for $59,900. This foreclosed two-story, 1,840 square foot home with four-bedrooms, two-bathrooms was built in 1890. The property is being sold to Isabel Nelson and Diogo Lopes based on the after-rehab appraisal and in consideration of NSP costs for $148,900 with an owner-occupancy deed restriction. Total gap assistance is $103,801 with program income estimated at $124,400.
Chair Thune announced the public hearing. There being no testimony Commissioner Carter moved to close the public hearing and adopt the resolution. Approved as set forth in resolution RES PH 13-53
VOTE: Yeas - 7 Nays - 0
3. Resolution Approving the Sale of Land and Conveyance of Parcel 884 Thomas Avenue under the ISP/NSP Program, Thomas-Dale, District 7, Ward 1
Ms. Bedor stated that the HRA purchased 884 Thomas in October 2009 with NSP funds for $42,000. This foreclosed two-story, 1,225 square foot home with three-bedrooms, one-bathroom was built in 1906. The property is being sold to Michael Holum based on the after-rehab appraisal and in consideration of NSP costs for $124,900 with an owner-occupancy deed restriction. Total gap assistance is $61,612 with program income estimated at $101,400.
Chair Thune announced the public hearing. There being no testimony Commissioner Carter moved to close the public hearing and adopt the resolution. Approved as set forth in resolution RES PH 13-55
VOTE: Yeas - 7 Nays - 0
4. Resolut...
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