Title
Approving the August 9, 2017 HRA Board Meeting Minutes
Body
ROLL CALL
Present 4 - Commissioners Stark, Thao, Tolbert and Chair Brendmoen
Absent 3 - Commissioners Bostrom, Noecker and Prince
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 July 26, 2017 HRA Board Meeting Minutes
Adopted as set forth in Min 17-28
Moved by Commissioner Tolbert, Consent Agenda is Adopted
VOTE: Yeas - 4 Nays - 0
FOR DISCUSSION
Commissioner Bostrom Arrived
2. Resolution Approving and Authorizing $100,000.00 in CDBG Business Assistance Funds to ALKA, LLC for the Construction of 719 Payne Avenue, District 5, Ward 7
Mr. Sage-Martinson, HRA Executive Director, stated this project is a grocery store & deli to be built on Payne Avenue with total project costs at nearly $1.2 million. The project has previously received a STAR loan and grant award and this request is an additional $100,000 loan structured the same as the STAR loan, which is a 25 year loan with a 2% interest rate. If this resolution is approved today we will have $725,613 of CDBG funds remaining uncommitted, including the City’s 2017 allocation.
Commissioner Stark thanked Mr. Sage-Martinson for continuing to share the CDBG fund balances. Commissioner Thao asked if all of the due diligence environmental clean-up was taken care of. Mr. Sage-Martinson stated that part of the budget includes funding from DEED and Ramsey County for environmental clean-up.
Rich Thomasgard, African Development Center Project Manager, and Khadra Haji, Ikram Ali, Abdirizak Ali and Elias Ali, Karibu Deli & Grocery owners, shared project background, future plans and expressed their appreciation and thanked the Commissioners & PED for their support.
Moved by Commissioner Bostrom, Resolution Approved as set forth in RES 17-1229
VOTE: Yeas - 5 Nays - 0
PUBLIC HEARINGS
3. Resolution Authorizing the Issuance and Sale of a Conduit Health Care Revenue Refunding Bond for the Gillette Children’s Specialty Healthcare Project, with Facilities Located at 205 University Avenue East, under Minnesota Statutes, Sections 469.152 through 469.1655 and Approving Related Documents, District 7, Ward 1
Mr. Sage-Martinson stated this item is conduit health care revenue refunding bond issue of $30 million of refunding bonds allowing Gillette, a local health care provider and employer, to refinance bonds issued by this body in 2009. These bonds do not constitute indebtedness to the City or the HRA.
Moved by Commissioner Thao, Resolution Public Hearing Approved as set forth in RES PH 17-217
VOTE: Yeas - 5 Nays - 0
4. Resolution Approving and Authorizing the Sale and Conveyance of 69 Garfield Street under the Inspiring Communities Program; Authorization to Enter into a Development Agreement, and Authorization of Expenditures for Redevelopment. District 9, Ward 2
Mr. Sage-Martinson stated this item is part of the Inspiring Communities Program and is a request for approval of the sale and conveyance of the property as well as authorization to enter into a development agreement with Greater Frogtown CDC, part of NeighborWorks Home Partners, partnering with Greater Metropolitan Housing Corporation for the development. This property was listed in our 2016 Inspiring Communities RFP.
Becky Errigo and Beth Hyser, both of NeighborWorks Home Partners, shared background on the property and expressed their appreciation for the City’s investment in their neighborhoods and communities
Moved by Commissioner Stark, Resolution Public Hearing Approved as set forth in RES PH 17-218
VOTE: Yeas - 5 Nays - 0
5. Resolution Approving and Authorizing the Sale and Conveyance of 971 Jenks Avenue under the Inspiring Communities Program; Authorization to Enter into a Development Agreement, and Authorization of Expenditures for Redevelopment. District 5, Ward 6
Mr. Sage-Martinson stated this item is a second Inspiring Communities request for the sale and conveyance of 971 Jenks Ave as well as authorization to enter into a development agreement with Twin Cities Habitat for Humanity.
Mike Nelson, Twin Cities Habitat for Humanity, shared project details and plans.
Moved by Commissioner Bostrom, Resolution Public Hearing Approved as set forth in RES PH 17-219
VOTE: Yeas - 5 Nays - 0
Introduction of New PED Staff
Jonathan Sage-Martinson introduced new PED staff members to the Commissioners.
Jen Bruntlett, Homeownership Specialist. Dionne Griffen, Housing Project Manager and Sarah Kraatz, Housing Intern.
ADJOURNMENT
HRA Board Meeting is Adjourned