Title
Approval of the January 28, 2015 HRA Meeting Minutes.
Body
ROLL CALL
Present: Commissioners Bostrom, Brendmoen, Lantry, Stark, Thao, Tolbert
*Absent: Commissioner Thune
CONSENT
1. Approval of the January 14, 2015 HRA Meeting Minutes.
Commissioner Stark moved approval. The HRA meeting minutes were approved.
VOTE: Yeas - 6 Nays - 0
2. Resolution Authorizing the Issuance of Conduit Revenue Bonds for the Academia Cesar Chavez Project under Minnesota Statutes, Sections 469.152 through 469.1655 and Approving Related Documents, District 2, Ward 6.
Commissioner Stark moved approval. Approved as set forth in RES 15-208.
VOTE: Yeas - 6 Nays - 0
3. Resolution Approving and Authorizing Acceptance of $560,000 from the Minnesota Housing Finance Agency and $160,000 from the Metropolitan Council and Amending the Budget of the HRA Disposition Plan Fund.
Commissioner Stark moved approval. Approved as set forth in RES 15-212.
VOTE: Yeas - 6 Nays - 0
PUBLIC HEARINGS
4. Resolution Approving and Authorizing the Sale and Conveyance of Property Under the Saint Paul Housing and Redevelopment Authority's (HRA) Disposition Strategy and Work Plan in Saint Paul Districts 4, 5, 6, 8, and 9.
Mr. Jonathan Sage-Martinson, HRA Executive Director, stated this item is for a sale of 10 parcels; six to be used as side-yard, three will be used to build new homes, and one will be used for a community garden.
Chair Brendmoen announced the public hearing. Commissioner Thao moved approval. Approved as set forth in RES PH 15-30.
VOTE: Yeas - 6 Nays - 0
*Commissioner Thune arrived.
5. Approval of the Sale and Conveyance of the Parcel Located at 846 University Avenue, and Authorization to Approve the Expenditures for 846 University Rehabilitation, under the Inspiring Communities Program, Summit-University, District 8, Ward 1.
Mr. Sage Martinson stated 846 University Avenue was acquired prior to the disposition strategy and workplan and was under negotiation for development rights with Greater Frogtown CDC. The parcel will be used to develop a duplex.
Chair Brendmoen confirmed money was set aside for the properties already under negotiation and not included in the disposition strategy and workplan for financing.
Chair Brendmoen announced the public hearing. Commissioner Thao moved approval. Approved as set forth in RES PH 15-29.
VOTE: Yeas - 7 Nays - 0
DISCUSSION
6. Resolution Approving the Issuance and Sale of a Conduit Revenue Note (The Science Museum of Minnesota Project) Series 2015 and Authorizing the Execution of Documents Relating thereto, District 17, Ward 2.
Mr. Sage-Martinson stated this is a refunding bond of up to $10 million to Gillette Children's Specialty Healthcare originally issued in 2010. This would serve to help Gillette lower their financing costs.
Commissioner Thune moved approval. Approved as set forth in RES 15-207.
VOTE: Yeas - 7 Nays - 0
7. Resolution Approving and Authorizing Execution of Agreement for Transfer of Debt in Connection with Phase V of Ames Lake Development, District 2, Ward 6.
Ms. Patricia Lilledahl, PED Housing Director, gave an overview of the project.
Commissioner Bostrom moved approval. Approved as set forth in RES 15-211.
VOTE: Yeas - 7 Nays - 0
STAFF REPORT
8. Phalen Village Redevelopment Project Update.
Mr. Dave Gontarek, Principal Project Manager with PED, gave an overview of the history and future of the Phalen Village Redevelopment Project.
ADJOURNMENT
Commissioner Bostrom moved adjournment. The HRA meeting was adjourned.