Title
Approval of December 9, 2015 HRA minutes
Body
ROLL CALL
Present: Commissioners Finney, Stark, Thao, Thune, Chair Brendmoen
Absent: Commissioners Bostrom and Tolbert
CONSENT AGENDA
Note: Items listed under the Consent Agenda will be enacted by one motion with no separate discussion. If discussion on an item is desired, the item will be removed from the Consent Agenda for separate consideration.
1. Approval of November 12, 2015 HRA minutes. Approved as set forth in Min 15-61
2. Resolution Amending the Tax Increment Financing Plan for the Minnesota Event Tax Increment Financing District, District 17, Ward 2. Approved as set forth in RES 15-2162
3. Resolution Authorizing Approval of a 2015 Budget Amendment Related to the Jackson Street Reconstruction Project, and Authorizing and Approving an Interfund Loan Within the Block 4 Redevelopment Tax Increment Financing District (Minnesota Life) District 17, Ward 2. Approved as set forth in RES 15-2178
4. Resolution Authorizing Additional Principal Redemption and Early Interest Payment for the Section 108 HUD Note, Series HUD 2003-A and Related Budget Amendment, District 5, Ward 5. Approved as set forth in RES 15-2160
Commissioner Finney moved approval.
VOTE: Yeas - 5 Nays - 0 Absent - 2
STAFF REPORT
Commissioners Bostrom and Tolbert Arrived.
5. City of Saint Paul Annual Informational Report on Tax Increment Districts.
Jenny Wolfe, Planning and Economic Development Debt. Manager, gave a presentation on the City of Saint Paul Annual Informational Report on Tax Increment Districts.
FOR DISCUSSION
6. Resolution Approving a Modification on a $1,000,000 Loan to Jamestown Homes, LLLP, Ward 1, District 8.
Mr. Jonathan Sage-Martinson stated this request is to convert an existing loan to permanent financing for the Jamestown Homes project by extending the terms.
Commissioner Thao moved approval. Approved as set forth in RES 15-2174
VOTE: Yeas - 7 Nays - 0
7. Resolution approving and authorizing the execution...
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