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2010-08-24F MOUND HOUSING AND REDEVELOPMENT AUTHORITY AUGUST 24, 2010 The Housing and Redevelopment Authority in and for the City of Mound, Minnesota, met in regular session on Tuesday, August 24, 2010, at 6:55 p.m. in the council chambers of city hall. Members present: Chair Mark Hanus; Commissioners David Osmek, Ray Salazar and Heidi Gesch. Members absent: None Others present: Executive Director Kandis Hanson, City Clerk Bonnie Ritter, Community Development Director Sarah Smith, Amanda Schwarze 1. Open meeting Chair Hanus called the meeting to order at 6:55 p.m. 2. Approve agenda MOTION by Osmek, seconded by Salazar, to approve the agenda. All voted in favor. Motion carried. 3. Approve minutes MOTION by Salazar, seconded by Osmek, to approve the minutes of August 11, 2010. All voted in favor. Motion carried. 4. Approve claims MOTION by Osmek, seconded by Salazar, to approve claims in the amount of $6,975.63. All voted in favor. Motion carried. 5. Approve Levy MOTION by Osmek, seconded by Salazar to adopt the following resolution. Ail voted in favor. Motion carried. RESOLUTION NO. 10 -07H: RESOLUTION AUTHORIZING LEVY OF A SPECIAL BENEFIT LEVY PURSUANT TO MINNESOTA STATUTES, SECTION 469.033, SUBD. 6, AND APPROVAL OF A BUDGET FOR FISCAL YEAR 2011 6. Adjourn MOTION by Salazar, seconded by Osmek to adjourn at 6:57 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. 10 -07H RESOLUTION AUTHORIZING THE LEVY OF A SPECIAL BENEFIT LEVY PURSUANT TO MINNESOTA STATUTES, SECTION 469.033, SUBD. 6 AND APPROVAL OF A BUDGET FOR FISCAL YEAR 2011 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 .0185 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 has reviewed a budget for its operations for fiscal year 2011, which budget earmarks the special benefits levy to pay debt service for the Mound Transit Center bonds and any other costs related to HRA administrative, operating and /or capital expenses (see attached Exhibits); and 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: 1. The budgets for the Mound Transit Center debt service and maintenance costs for fiscal year 2011 are 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 2011 pursuant to Minnesota Statutes, Section 469.033, Subdivision 6, in the amount of $244,407, or the maximum amount allowed, subject to the consent of the City Council of the City. 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 2011, certify such proposed special levy with the Hennepin County Auditor by September 15, 2010, certify the final levy with the County Auditor by the specified date and take such other actions as are necessary to levy and certify such levy. Approved this 24 day of August, 2010 by the Board of Commissioners of the Housing and Redevelopment Authority in and for the City of Mound. —XX Chair Mark Hanus Attest: Bonnie Ritter, City Clerk