2004-07-13PLEASE TURN OFF AT CELL PHONES & PAGERS IN COUNCIL CHAMBERS.
AGENDA
Page
Open meeting
Action approving agenda, with any amendments
3. Action approving minutes: June 22, 2004 1-2
4. Action authorizing execution and delivery of three HRA's 3-4
Acknowledgment and Reaffirmation documents
5. Adjourn
MOUND HOUSING AND REDEVELOPMENT AUTHORITY
JUNE 22, 2004
The Mound Housing and Redevelopment Authority of and for the City of Mound,
Minnesota, met in regular session on Tuesday, June 22, 2004, at 7:15 p.m. in the
council chambers of city hall.
Members Present: Chairperson Pat Meisel; Commissioners Bob Brown, Mark Hanus,
David Osmek, Peter Meyer and Indian Knoll Tenant Representative Michelle Chalmers.
Others Present: Executive Director Kandis Hanson, City Attorney John Dean, City
Clerk Bonnie Ritter, Community Development Director Sarah Smith, and Cindy Reiter of
Westport Properties.
1. Open Meetinq
Chair Pat Meisel called the meeting to order at 7:15 p.m.
2. Approve Agenda
MOTION by Brown, seconded by Osmek to approve the agenda as presented. All
voted in favor. Motion carried.
3. Approve Minutes
MOTION by Osmek, seconded by Brown to approve the minutes of the June 8, 2004
regular meeting. The following voted in favor: Brown, Hanus, Osmek and Meyer. The
following voted against: None. Chair Meisel abstained from voting as she was not in
attendance at the subject meeting. Motion carried.
4. Indian Knoll Report
Cindy Reichert of Westport Properties presented the Property Manager's Monthly
Report as follows:
A. May Bank Statement
B. April Income Statement
C. Review of Bills: MOTION by Chalmers, seconded by Brown to approve the
bills for May in the amount of $14,640.01. All voted in favor. Motion carried.
D. Managers Report
(1) MOTION by Osmek, seconded by Chalmers to adopt the following
resolution. All voted in favor. Motion carried.
RESOLUTION NO. 04-03H: RESOLUTION APPROVING SUBMISSION
OF THE STREAMLINED ANNUAL PHA PLAN FOR PHA FISCAL YEAR
BEGINNING 10/1/04
(2) Landscape Design -2002 Capital Fund Money
(3) Sign Design -2002 Capital Fund Money
1
1
Mound HRA Minutes - June 22, 2004
(4)
Parking Lot Expansion - 2002 & 2004 Capital Fund Money. Kandis
Hanson explained that there are currently 24 available parking spaces
and there are 50 units in the residence. The proposed parking lot
expansion will double the parking. It will be bid this Winter with work
done next year.
Eo
Resident Council Report - Chalmers reported that the residents met last
month and nominations were made for the Resident Board, with elections to
be held July 12th.
5. Adjourn
MOTION by Brown, seconded by Chalmers to adjourn at 7:30 p.m. All voted in favor.
Motion carried.
Attest: Bonnie Ritter, City Clerk
Chair Pat Meisel
2
Page 1 of 1
Bonnie Ritter
From:
To:
Cc:
Sent:
Attach:
Subject:
"Dean, John B." <jdean@Kennedy-Graven.com>
<kandishanson@cityofmound.com>
<bonnieritter@cityofmound.com>; <LLudke@losgs.com>
Monday, June 28, 2004 8:40 AM
5CQG0'I!.DOC
#249784 vl - Deuhs 6/24 Letter
Kandis: Attached is a letter that I sent to Joe Deuhs last week. The letter relates to extensions of the due dates
on several of the Village by the Bay (MetroPlains) loans. The HRA will need to agree to the extensions; and my
letter to Mr Deuhs indicates when it will be asked to do so, and that I recommend approval.
Would you please have this matter placed on the agenda for the July 13 HRA meeting. I will send Bonnie
electronic copies of the relevant documents in the next few days.
Joe has agreed to provide the HRA with payment of my fees (I told him that it would be $220, but it is now $250
as a result of this email) as a condition of delivery of the executed documents.
Please let me know if you have any questions.
- 3- 7/2/2004
JOHN B. DEAN
Attorney at Law
Direct Dial (612) 337-9207
Email: jdean~kennedy-graven.com
June 25, 2004
Joseph J. Deuhs, Jr., Esq.
Leonard, O'Brien, Spencer, Gale & Sayre, Ltd.
100 South Fifth Street, Suite 2500
Minneapolis, MN 55402
Re: HRA's Acknowledgment and Reaffirmation to Loan Modification Agreements.
Dear Mr. Deuhs:
You have provided me with drafts of the following Instruments:
First Loan Modification Agreement between The Village by the Bay Development,
LLC and Associated Bank Minnesota, a National Association (Land Development
Loan)
Second Loan Modification Agreement between The Village by the Bay
Development, LLC and Associated Bank Minnesota, a National Association
(Townhome Construction Revolving Credit Loan)
First Loan Modification Agreement between The Village by the Bay Development,
LLC and Associated Bank Minnesota, a National Association (Condominium
Construction Revolving Credit Loan)
HRA's Acknowledgment and Reaffirmation (one for each of the three modification
agreements.
On the basis of my review of the instruments I will be recommending to the Mound HRA
that it authorize the execution and delivery of the three HRA's Acknowledgment and Reaffirmation
documents at its next meeting on July 13, 2004. I am aware of no reason why the HRA would not
accept my recommendation.
Respectfully yours,
John B. Dean
cc: Kandis M. Hanson
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