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2008-03-11MOUND HOUSING AND REDEVELOPMENT AUTHORITY MARCH 11, 2008 The Mound Housing and Redevelopment Authority in and for the City of Mound, Minnesota, met in regular session on Tuesday, March 11, 2008 at 7:15 p.m. in the council chambers of city hall. Members present: Chairperson Mark Hanus; Commissioners Mike Specht, John Beise and Greg Skinner Members absent: David Osmek Others present: City Attorney John Dean, Acting Executive Director Gino Businaro, Community Development Director Sarah Smith, Ken Perbix, Peter Johnson, John Timbers 1. Open meeting Chair Hanus called the meeting order at 7:15 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 Specht to approve the minutes of February 26, 2008. All voted in favor. Motion carried. 4. Matters relating to the acquisition of property at 5567 Shoreline Drive John Dean reviewed the option agreement for 5567 Shoreline Drive and the HRA discussed the terms. 5. Consideration/Action on Resolution Approving Option Agreement for Property at 5567 Shoreline Drive MOTION by Beise, seconded by Skinner to adopt the following resolution. All voted in favor. Motion carried. RESOLUTION NO. 08-08H: RESOLUTION APPROVING OPTION AGREEMENT FOR PROPERTY AT 5567 SHORELINE DRIVE 6. Adjourn MOTION by Specht, seconded by Beise to adjourn. All voted in favor. Motion carried. At est: Bonnie Ritter, City Clerk Chair Mark Hanus 4. 1 1 1 MOUND HRA RESOLUTION NO. 08-08H RESOLUTION APPROVING OPTION AGREEMENT FOR PROPERTY AT 5567 SHORELINE DRIVE WHEREAS, the Mound Housing and Redevelopment Authority (HRA), in open session on March 11, 2008, approved an Option Agreement for the property located at 5567 Shoreline Drive. NOW THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Mound, Minnesota hereby approves the Option Agreement by and between the Mound Housing and Redevelopment Authority and the owner(s) of the property located at 5567 Shoreline Drives and hereby authorizes the Chair and Executive Director and her designees to execute said document(s). Adopted by the HRA this 11~' day of March 2008. ~~ Attest: Bonnie Ritter, City Clerk Chairperson Mark Hanus