Title
Approving the June 8, 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 Noecker, Prince, Stark, Tolbert and Chair Brendmoen
Excused 1 - Commissioner Bostrom
Absent 1 - Commissioner Thao
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
1. Approving the May 25, 2016 HRA Board Meeting Minutes
Adopted as set forth in Min 16-25
2. Resolution Amending the 2016 Budget for the HRA Loan Enterprise Fund and the HRA Parking Enterprise Fund to Carryover 2015 Budget Balances.
Adopted as set forth in RES 16-960
3. Resolution Authorizing the Issuance of Conduit Charter School Lease Revenue Bonds for the Community School of Excellence Project under Minnesota Statutes, Sections 469.152 through 469.1655 and Approving Related Documents, District 6, Ward 5.
Adopted as set forth in RES 16-966
4. Resolution Approving and Authorizing the Submission of a Grant Application to the Minnesota Housing Finance Agency for $560,000 for the Inspiring Communities Program.
Adopted as set forth in RES 16-962
Moved by Commissioner Tolbert, Consent Agenda is adopted.
VOTE: Yeas - 5 Nays - 0
FOR DISCUSSION
Commissioner Thao Arrived
5. Resolution Approving And Authorizing Execution Of A Second Amendment To An Existing HRA Loan Including Extension Of Term And Affordability Period, And Re-subordination For Van Dyke Townhomes, District 1, Ward 7.
Mr. Jonathan Sage-Martinson, HRA Executive Director, stated this request is for the amendment of on existing HRA loan to extend the maturity date and affordabil...
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