2009-08-11MOUND HOUSING AND REDEVELOPMENT AUTHORITY
AUGUST 11, 2009
The Housing and Redevelopment Authority in and for the City of Mound, Minnesota, met
in regular session on Tuesday, August 11, 2009, at 7:15 p.m. in the council chambers of
city hall.
Members present: Chair Mark Hanus; Commissioners David Osmek, Ray Salazar, Heidi
Gesch, and Greg Skinner
Members absent: None
Others present: City Attorney John Dean, Executive Director Kandis Hanson, City Clerk
Bonnie Ritter, Community Development Director Sarah Smith, Ken Perbix, Vince Forstyk
1. Open meeting
Chair Hanus called the meeting to order at 7:15 p.m.
2. Approve agenda
MOTION by Osmek, seconded by Gesch to approve the agenda. All voted in favor.
Motion carried.
3. Approve minutes
MOTION by Gesch, seconded by Salazar to approve the minutes of July 28, 2009. The
following voted in favor: Salazar, Hanus and Gesch. The following voted against: None.
Osmek and Skinner abstained from voting because they were absent from that meeting.
Motion carried.
4. Approve claims
MOTION by Osmek, seconded by Salazar to approve the claims in the amount of
$13,826.70. All voted in favor. Motion carried.
5. Action on Resolution Authorizing Decertification of Town Square TIF District 1-
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John Dean explained that this district was created in 1985. The bonds and all costs
related to the bonds have now been fully paid and there is no further use for which the
tax increment can be expended.
MOTION by Osmek, seconded by Salazar to adopt the following resolution. All voted in
favor. Motion carried.
RESOLUTION NO. 09-07H: RESOLUTION AUTHORIZING DECERTIFICATION OF
TOWN SQUARE TIF DISTRICT 1-1.
6. Adiourn
MOTION by Osmek, seconded by Salazar to adjo r at 7. 8 p.m. voted in favor.
Motion carried.
_ ~~-~2~ Chair Mark Hanus
Attest: Bonnie Ritter, City Clerk
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MOUND HOUSING AND REDEVELOPMENT AUTHORITY
RESOLUTION NO. 09-07H
RESOLUTION AUTHORIZING DECERTIFICATION OF
TOWN SQUARE TIF DISTRICT 1-1
WHEREAS, Town Square Tax Increment District 1-1 was created in 1985 to help finance
redevelopment in Downtown Mound; and
WHEREAS, the TIF Plan called for 100 percent of the captured tax increment to be used to pay
debt service on bonds issued for the Town Square Development; and
WHEREAS, the City's obligations as they relate to Town Square TIF District have been
satisfied; and
NOW THEREFORE, BE IT RESOLVED that the Board of the Mound Housing and
Redevelopment Authority of Mound, Minnesota, hereby authorizes the Executive Director to
request the County Auditor to decertify the Town Square TIF District 1-1 immediately and return
any unused funds to the County for redistribution in accordance with the Tax Increment Act.
Adopted this 11th day of August, 2009.
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Attest: Bonnie Ritter, City Clerk
Chair Mark Hanus