Title
Approving the April 27, 2016 HRA Board Meeting Minutes
Body
Commissioner Voting
The reader calls the names of all Commissioners. A vote in favor is cast by remaining silent, and a vote against is cast by saying no or nay. When the voting is complete, the reader will state whether the motion passed or failed.
ROLL CALL
Present 5 - Commissioners Bostrom, Noecker, Stark, Thao and Chair Brendmoen
Absent 2 - Commissioners Prince 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.
Approval of the Consent Agenda
Commissioners Prince and Tolbert arrived
1. Approving the April 13, 2016 HRA Board Meeting Minutes
Adopted as set forth in Min 16-19
2. Approval of a Subordination Request in Connection with a Partial
Payment of Claim Transaction for University Dale Apartments, District 8,
Ward 1
Adopted as set forth in Res 16-738
3. Resolution Approving the Issuance and Sale of a Conduit Health Care Revenue Bond, Series 2016 and Authorizing the Execution of Documents Relating thereto (Gillette Children’s Specialty Healthcare Project) Districts 3, 5, and 17, Wards 2 and 5
Adopted as set forth in Res 16-736
Moved by Commissioner Stark, Consent Agenda is adopted.
VOTE: Yeas - 7 Nays - 0
4. Resolution Approving and Authorizing the Execution of Legal Services
Agreements with Public Finance Law Firms, Citywide
Commissioner Noecker requested the contract dates be changed from April 1, 2016 to May 1, 2016.
Pulled from Consent Agenda for Discussion, moved by Commissioner Noecker, Resolution Adopted as Amended and set forth in Res 16-734
VOTE: Yeas - 7 Nays - 0
STAFF REPORT
5. River Balcony Update
Lucy Thompson, PED Principal City Planner, gave an update on the River Balcony.
Received and Filed as set forth in SR 16-33
FOR DISCUSSION
6. Resolution Approving a Budget Amendment to the HRA Loan Enterprise Fund and an Amendment to the Invest Saint Paul Budget, Citywide
Mr. Jonathan Sage-Martinson, HRA Executive Director, stated this request is for an amendment to the HRA Loan Enterprise Fund in the amount of $644,903 and an amendment to the Inspiring Communities budget in the amount of $96,695.
Moved by Commissioner Prince, Resolution Approved as set forth in RES 16-737
VOTE: Yeas - 7 Nays - 0
PUBLIC HEARING
7. Resolution Authorizing a Budget Amendment to Allocate Value Gap Subsidy, Convey Property and Enter into a Development Agreement for the Village on Rivoli Project, District 5, Ward 5
Mr. Jonathan Sage-Martinson, HRA Executive Director, stated this request is for the approval of a budget amendment of $463,442 in value gap subsidy, permission to sell HRA-owned land and execute an updated development agreement with Dayton’s Bluff Neighborhood Housing Services.
Jim Erchul, Dayton’s Bluff Neighborhood Housing Services, presented the commissioners with Rivoli project plans and area history.
Moved by Chair Brendmoen, Resolution-Public Hearing Approved as set forth in RES PH 16-133
VOTE: Yeas - 6 Nays - 0
ADJOURNMENT
Moved by Commissioner Tolbert, HRA meeting is adjourned.
VOTE: Yeas - 6 Nays - 0