Title
Approval of the March 12, 2014 HRA Meeting Minutes.
Body
ROLL CALL
Present: Commissioner Brendmoen, Stark, Thao, and Tolbert
Excused: Commissioner Bostrom, Lantry and Thune
CONSENT
1. Approval of the February 12, 2014 HRA Meeting Minutes.
Commissioner Stark moved approval. The HRA meeting minutes were approved.
VOTE: Yeas - 4 Nays - 0
PUBLIC HEARING
2. Approval of the Sale and Conveyance of Parcels 381 Lawson Avenue and 385 Lawson Avenue under the Inspiring Communities Program, Payne-Phalen, District 5, Ward 5.
Mr. Al Carlson, Director of Housing, stated the HRA purchased 381 Lawson in December 2011 with NSP funds for $118,000. This foreclosed two-story 1,768 square foot home with four bedrooms and three bathrooms was built in 1909. The HRA purchased the vacant lot of 385 Lawson through Ramsey County’s tax forfeit program for $1 in November 2000. The properties are being sold to Thomas Launderville based on the after rehab appraisal and in consideration of NSP costs for $187,800 with an owner-occupancy deed restriction. Total gap assistance is $186,493 with program income estimated at $173,800.
Chair Brendmoen announced the public hearing. There being no testimony, Commissioner Thao moved approval. Approved as set forth in RES PH 14-64.
VOTE: Yeas - 4 Nays - 0
3. Approval of the Sale and Conveyance of Parcel 886 Case Avenue under the Inspiring Communities Program, Payne-Phalen, District 5, Ward 6.
Mr. Carlson stated the HRA purchased 886 Case in August 2010 with NSP funds for $25,000. This foreclosed two-story 1,368 square foot home with three bedrooms and two bathrooms was built in 1888. The property is being sold to Benjamin and Gina Heirlmeier based on the after rehab appraisal and in consideration of NSP costs for $165,000 with an owner-occupancy deed restriction. Total gap assistance is $137,938 with program income estimated at $150,000.
Chair Brendmoen announced the public hearing. There being no testimony, Commissioner Tolbert moved ...
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