Title
Approving the August 10, 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.
Pete McCall, City Attorney, stated that the Chair and Vice Chair are absent from todays’ meeting. Under the HRA By-Laws, in the absence of those two officers, the HRA Secretary shall convene the meetings for the purpose of electing a presiding officer for the particular meeting from among those Commissioners in attendance. Commissioner Russ Stark is the Secretary; he will be convening this meeting for the purpose of electing a presiding officer.
ROLL CALL
Present 4 - Commissioners Noecker, Stark, Thao and Tolbert
Excused 3 - Commissioners Bostrom, Prince and Chair Brendmoen
Moved by Commissioner Thao, Commissioner Stark is presiding officer of todays’ HRA meeting.
VOTE: Yeas - 4 Nays - 0
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. Approval of the July 27, 2016 HRA Board Meeting Minutes
Adopted as set forth in Min 16-33
Moved by Commissioner Tolbert, Consent Agenda is adopted.
VOTE: Yeas - 4 Nays - 0
FOR DISCUSSION
2. Resolution Authorizing Designation of Tentative Developer Status for Bridge Investments, LLC for 123 Atwater Street Parking, District 6, Ward 1.
Mr. Sage-Martinson, HRA Executive Director, stated this request is for a 180 day tentative developer status for an HRA owned parcel located at 123 Atwater Street by Bridge Investments, LLC to finalize a rezoning for the purchase and construction of a parking lot in conjunction with the redevelopment of an adjacent building.
Moved by Thao, Resolution Approved as set forth in RES 16-1404
VOTE: Yeas - 4 Nays - 0
3. Resolution Approving and Authorizing a Forgivable Loan of $500,000.00 to BK 200, LLC For the Redevelopment of Engine Company #3 Firehouse Located at Leech Street and Grand Avenue, Saint Paul, Minnesota, District 9, Ward 2
Mr. Sage-Martinson, HRA Executive Director, stated this item is for the approval of an HRA forgivable loan of up to $500,000 for the renovation and reuse of Engine Company #3 at Leech & Grand Avenue. The developer purchased this site for the construction of a hotel and the neighborhood expressed interest in preserving the existing firehouse. The developer has agreed to move the hotel on the site and this funding will help the developer to preserve and renovate the firehouse.
Commissioner Thao asked if there are any conditions attached to the loan. Mr. Sage-Martinson stated that the contingency allows the developer up to three years to complete the project. The loan will be disbursed in construction disbursements and due as a loan up until construction is complete and a certificate of occupancy is issued; the loan will then be forgiven.
Commissioner Noecker shared her appreciation and thanked staff for all of their work. Commissioner Tolbert also thanked staff and expressed excitement in the project.
Moved by Commissioner Noecker, Approved as set forth in RES 16-1405
VOTE: Yeas - 4 Nays - 0
ADJOURNMENT
Moved by Commissioner Thao, HRA meeting is adjourned.
VOTE: Yeas - 4 Nays - 0