2001-02-13MOUND HOUSING AND REDEVELOPMENT AUTHORITY
COMMISSION MINUTES
FEBRUARY 13, 2001
The Mound Housing and Redevelopment Authority of Mound, Hennepin County,
Minnesota, met in regular session on Tuesday, February 13, 2001, at 6:30 p.m.
in the Council Chambers at 5341 Maywood Road, in said City.
Those present: Chairperson, Pat Meisel. Commissioners: Bob Brown, Mark
Hanus, Klm Anderson and Peter Meyer. Also present: City Attorney, John
Dean; City Manager, Kandis Hanson; and Interim City Clerk, Bonnie Ritter.
Chairperson Meisel called the meeting to order at 6:30 p.m.
1. Approval of A.qenda
Motion by Brown, seconded by Hanus to approve the agenda as
presented. The vote was unanimous. Motion carried.
2. Approval of Minutes
Motion by Hanus, seconded by Meyer, to approve the minutes of the
December 12, 2000, and January 23, 2001, meetings. The vote was
unanimous. Motion carried.
3. Lon.qpre Property: Final Approval of Purchase of Commercial
Property
Motion by Brown, seconded by Hanus to approve the Purchase
Agreement with Mound Drygoods Company, Inc. (Josephine
Longpre) as presented. The vote was unanimous. Motion carried.
4. Gramercy Corp: Approval of Preliminary Development Aqreement
Chairperson Meisel stepped down for this portion of the meeting because
of a possible perceived conflict of interest. Commissioner Hanus presided.
Hanus clarified that this is a preliminary agreement and the party will come
back to the City with their final plans.
Motion by Brown, seconded by Meyer to approve the preliminary
development agreement with Gramercy corporation, as presented. The vote
was unanimous. Motion carried.
Chairperson Meisel returned to preside over the balance of the meeting.
5. Post Office Development: Approval of Option Agreement
City Attorney Dean explained that the Commission has seen and
approved this agreement in a different form several months ago, with
changes being noted and provisions being added for the Limited Revenue
Tax Increment Note.
Motion by Hanus, seconded by Meyer to approve the Assignable Option to
Purchase Land with the United States Post Office, as presented, with the
Limited Revenue Tax Increment Note to be included as Exhibit A. The
vote was unanimous. Motion carried.
6. Adjoumment
Motion by Brown, seconded by Hanus to adjourn the meeting at 6:43 p.m.
The vote was unanimous. Motion carried.
Attest: Kandis Hanson
Executive Director
Pat Meisel, Chairpersoh