Title
Approving the Minutes of the February 22, 2017 Housing and Redevelopment Authority Meeting
Body
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
Commissioner Tolbert Arrived
1. Approving the February 8, 2017 HRA Board Meeting Minutes
Adopted as set forth in Min 17-10
Moved by Commissioner Bostrom, Consent Agenda is Adopted
VOTE: Yeas - 6 Nays - 0
FOR DISCUSSION
Commissioner Prince Arrived
2. Resolution Amending the 2017 HRA Loan Enterprise Fund Budget to Include Carryover of Year End 2016 Budget Balances for Economic Development Programs.
Mr. Sage-Martinson, HRA Executive Director, stated this item is carryover of 2016 budget balances to the 2017 budget.
Moved by Commissioner Tolbert, Resolution Approved as set forth in RES 17-337
VOTE: Yeas - 7 Nays - 0
3. Resolution Approving and Authorizing an Amendment to the Acquisition Loan Made to Jamestown Homes, LLLP. District 8, Ward 1.
Mr. Sage-Martinson, HRA Executive Director, stated this item is a request for an additional $350,000 loan for the renovation of the Jamestown Homes project for a total loan amount of $1,350,000.
Ken Isaacson, Twin Cities Housing Development Corporation, thanked the commissioners for their support and shared background on the Jamestown Homes project.
Moved by Commissioner Thao, Resolution Approved as set forth in RES 17-341
VOTE: Yeas - 7 Nays - 0
4. Resolution Approving a $400,000 CDBG Loan for the Business Incubator Project Located at 809 7th Street East, District 4, Ward 7
Mr. Sage-Martinson, HRA Executive Director, stated this item is a project that Dayton’s Bluff Neighborhood Housing Services is undertaking in part...
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