2004-08-10AGENDA
Open meeting
Action approving agenda, with any mnendments
3. Action approving minutes: July 27, 2004 1
4. Extension of Preliminary Development Agreement with 2
Mound Harbor Renaissance Development, LLC.
Adjourn
Page
MOUND HOUSING AND REDEVELOPMENT AUTHORITY
JULY 27, 2OO4
The Housing and Redevelopment Authority of and for the City of Mound, Hennepin County,
Minnesota, met in regular session on Tuesday, July 27, 2004, at 7:20 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 Clerk Bonnie Ritter, Community
Development Director Sarah Smith, Cindy Reiter, Linda Brown, John Beise.
1. Open Meetinq
Chairperson Meisel called the meeting to order at 7:20 p.m.
2. Approve Aqenda
MOTION by Osmek, seconded by Hanus to approve the agenda. All voted in favor. Motion
carried.
3. Approve Minutes
MOTION by Osmek, seconded by Hanus to approve the minutes of the July 13, 2004
meeting. All voted in favor. Motion carried.
4. Report from Westport Properties on Indian Knoll
A. June Bank Statement
B. May Income Statement- Meisel questioned travel expenses. Cindy explained that its
mileage claimed by the current staff.
C. Review of Bills Paid - MOTION by Hanus, seconded by Chalmers to approve payment
of the bills in the amount of $$15,545.75. All voted in favor. Motion carried.
D. Managers Report - landscaping is completed, decorating is underway for the interior of
the building, and the budget process is almost completed.
E. Resident Council Report - Chalmers reported that elections were held for the Board for
the Resident Council. Chalmers was elected to stay on as representative to the HRA for
the following year.
Chalmers reported that at the tenant meeting, it was noted that tenants would like to be
notified when construction and landscaping work will be performed. Some visually
impaired tenants experienced difficulty during construction. A fence was removed
during landscaping that served as a marker for the visually impaired, and a lot of elderly
used it as a handrail. This was brought to the attention of Westport Properties, and they
will address these concerns.
5. Adjourn
MOTION by Osmek, seconded by Brown to adjourn at 7:29 p.m.
Attest: Bonnie Ritter, City Clerk
Chairperson Pat Meisel
CHARTERED
470 Pillsbury Center
200 South Sixth Street
Minneapolis MN 55402
(612) 337-9300 telephone
(612) 337-9310 fax
http://www.kennedy-graven.com
Memorandum
8/05/04
To: HRA Commissioners
From: John Dean
Subject: Extension of Preliminary Agreement with Mound Harbor Renaissance.
The preliminary agreement with Mound Harbor Renaissance will expire on or about August
14 unless the HRA and Mound Harbor Renaissance consent to an extension.
As you know, a draft final development agreement is essentially complete. Remaining to be
resolved are technical wording issues that are important from the standpoint of assuring our ability
to issue tax exempt notes, and to issue a final note to the developer. Resolution of those issues has
taken considerably longer than was anticipated; and is not due to any actions or inactions of the
developer.
Mound Harbor Renaissance has consented to an additional 60-day extension to the
agreement. It is my recommendation that the HRA, by motion, also consent to the extension.
Following such action, I will notify MI-IR in writing of the extension. No further action is required.
I will be available at the August 10 HRA meeting and will answer any questions you may
have.
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