Title
Approval of the January 22, 2014 HRA Meeting Minutes.
Body
ROLL CALL
Present: Commissioner Brendmoen, Lantry, Stark, Thune, and Tolbert
*Absent: Commissioner Bostrom and Commissioner Thao
CONSENT
1. Approval of the January 8, 2014 HRA meeting minutes.
Commissioner Lantry moved approval. The HRA meeting minutes were approved.
VOTE: Yeas - 5 Nays - 0
2. Resolution Approving and Authorizing Execution of a Workout Agreement for a Loan Made to 4DJ, LLC, For Property located at 281-285 N. Snelling, District 13, Ward 4.
Commissioner Lantry moved approval. Approved as set forth in resolution RES 14-144.
VOTE: Yeas - 5 Nays - 0
*Commissioner Bostrom and Commissioner Thao arrived.
PUBLIC HEARING
3. Resolution Approving and Authorizing the Sale and Conveyance of Twenty Seven Properties under the Inspiring Communities Program; Authorization to Enter into Development Agreements; and Authorization of Expenditures for Redevelopment under the Saint Paul Housing and Redevelopment Authority’s Disposition Strategy. Citywide.
Ms. Cecile Bedor, HRA Executive Director, reminded the commissioners that in July 2013, the HRA Board approved the Disposition Work Plan (DWPB), and subsidy budget of $5,060,642, to be utilized over time, as part of PED’s Inspiring Communities work. As contemplated in that action, the Plan prioritizes subsidy to address two categories of the DWPB: Cluster Area Parcels and Parcels with Obligations.
Ms. Bedor stated that in October 2013, the HRA Board approved key terms of the Inspiring Communities Homeowner Program and Rental Program manuals, and the scoring criteria for the Inspiring Communities RFP. The first RFP under this Plan was issued in October 2013 for 77 HRA-owned properties. Responses were received from 14 developers for 41 properties. Twelve property applications were disqualified for various reasons. The remaining 29 proposals were analyzed and ranked. Funding is available to address 27 of the 29 properties, all of which will...
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