2007-09-11MOUND HOUSING AND REDEVELOPMENT AUTHORITY
SEPTEMBER 11, 2007
The Mound Housing and Redevelopment Authority in and for the City of Mound,
Minnesota, met in regular session on Tuesday, September 11, 2007, at 7:20 p.m.
in the council chambers of city hall.
Members present: Chair Mark Hanus; Commissioners David Osmek, Mike
Specht, John Beise and Greg Skinner
Others present: City Attorney John Dean, Executive Director Kandis Hanson,
City Clerk Bonnie Ritter, Community Development Director Sarah Smith, Finance
Director Gino Businaro, Amanda Schwarze
1. Open meeting
Chair Hanus called the meeting to order at 7:20 p.m.
2. Approve agenda
MOTION by Beise, seconded by Specht to approve the agenda. All voted in
favor. Motion carried.
3. Approve minutes
MOTION by Beise, seconded by Osmek to approve the minutes of August 28,
2007. All voted in favor. Motion carried.
4. Action adopting resolution authorizing levy for 2008
MOTION by Osmek, seconded by Beise to adopt the following resolution. All
voted in favor. Motion carried.
RESOLUTION NO. 07-05H: RESOLUTION AUTHORIZING THE LEVY OF A
SPECIAL BENEFIT LEVY PURSUANT TO MINNESOTA STATUTES,
SECTION 469.033, SUBDIVISION 6, AND APPROVAL OF A BUDGET FOR
FISCAL YEAR 2008
5. Adjourn
MOTION by Osmek, seconded by Specht to adjourn at 7:21 p.m. All voted in
favor. Motion carried.
Attest: Bonnie Ritter, City Clerk
Chair Mark Hanus
HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF MOUND
RESOLUTION NO. 07-05H
AUTHORIZING THE LEVY OF
A SPECIAL BENEFIT LEVY PURSUANT TO MINNESOTA STATUTES,
SECTION 469.033, SUBDIVISION 6 AND APPROVAL
OF A BUDGET FOR FISCAL YEAR 2008
WHEREAS the Housing and Redevelopment Authority in and for the City of Mound (the
"HRA") has been duly established and operates under Minnesota Statutes, Sections
469.001 to 469.047 (the "HRA Act"); and
WHEREAS, Section 469.033, Subdivision 6, of the HRA Act permits the HRA to levy and
collect a special benefit levy of up to .0144 percent of taxable market value in the City upon
all taxable real property within the City in order to finance housing and redevelopment
activities authorized under the HRA Act; and
WHEREAS, the HRA currently administers it's Development District No. 1 (the "Project"),
which constitutes a redevelopment project under the HRA Act; and
WHEREAS, as part of its overall redevelopment objectives for the Project, the HRA intends
to construct the Mound Transit Center (the "Transit Center") to serve the Project, and
WHEREAS, the HRA intends to finance a portion of the Transit enter through issuance of
bonds secured by the special benefit levy; and
WHEREAS, the HRA has reviewed a budget for its operations for fiscal year 2008, which
budget earmarks the special benefits levy to pay debt service and any other costs related to
the construction, operation and maintenance of the Transit Center (see attached Exhibit):
and
WHEREAS, the amount of the levy for collection in 2008 shall be based on this budget.
NOW, THEREFORE BE IT RESOLVED by the Board of Commissioners of the Housing and
Redevelopment Authority in and for the City of Mound as follows:
The budget of $190,418 for costs of the Transit Center in fiscal year 2008
is hereby in all respects approved.
2. Staff of the HRA are hereby authorized and directed to file the budget
with the City in accordance with Minnesota Statutes, Section 469.033,
Subdivision 6.
3. The Board approves a special benefit levy for taxes payable in 2008
pursuant to Minnesota Statutes, Section 469.033, Subdivision 6, in the
amount of $190,418, subject to consent of the City Council of the City.
HRA Resolution No. 07-05H
4. Staff of the HRA are hereby authorized and directed to seek the approval
by resolution of the City Council of the City of the levy of special benefit taxes
in 2008, certify such proposed special levy with the Hennepin County Auditor
by September 15, 2007, certify the final levy with the County Auditory by
December 20, 2007 and take such other actions as are necessary to levy and
certify such levy.
Approved this 11th day of September, 2007 by the Board of Commissioners of the Housing
and Redevelopment Authority in and for the City of Mound.
,~
Gam!
Attest: Bonnie Ritter, City Clerk
Chair Mark Hanus