2003-04-22MOUND HOUSING AND REDEVELOPMENT AUTHORITY
APRIL 22, 2003
The Housing and Redevelopment Authority of and for the City of Mound, Minnesota,
met in regular session on Tuesday, April 22, 2003, at 6:30 p.m. in the council chambers
of city hall.
Members Present: Chairperson Pat Meisel; Commissioners Bob Brown, Mark Hanus,
David Osmek and Peter Meyer.
Others Present: City Attorney John Dean, Executive Director Kandis Hanson, City
Clerk Bonnie Ritter, Finance Director Gino Businaro, Cindy Reiter, Fire Chief Greg
Pederson.
1. OPEN MEETING
Chairperson Meisel called the meeting to order at 6:34 p.m.
2. APPROVE AGENDA
Meisel requested the addition of item 5A, Resolution No. 03-02H.
MOTION by Hanus, seconded by Osmek to approve the agenda as amended. All voted
in favor. Motion carried.
3. APPROVAL OF MINUTES
MOTION by Osmek, seconded by Hanus to approve the minutes of the April 8, 2003
regular meeting and the April 15, 2003 special meeting. All voted in favor. Motion
carried.
4. UPDATE ON PUBLIC SAFETY FACILITY BY FIRE CHIEF GREG PEDERSON
Pederson updated the Board on the public safety facility. Previously the HRA had
approved a purchase agreement to obtain additional land from a neighbor, and
Pederson reported that due to the economic feasibility of the purchase, the purchase
agreement has been withdrawn.
5. REPORT BY CINDY REITER ON INDIAN KNOLL MANOR
Cindy Reiter of Westport Properties presented her report to the Board as follows:
1. MOTION by Osmek, seconded by Hanus to approve the 2001 Capital Fund
Program (PHA Plan and certification). All voted in favor. Motion carried.
2. MOTION by Hanus, seconded by Osmek to approve the 2002 PHA Plan. All
voted in favor. Motion carried.
3. MOTION by Hanus, seconded by Osmek to approve conversion to flat rent of
$532 for a studio and $635 for a one-bedroom. All voted in favor. Motion
carried.
4. File review update - Reiter is working with HUD on this
*COMMISSIONER BROWN ARRIVED AT 6:50 P.M.
HRA Minutes - April 22, 2003
5. Computation of Payment in Lieu of Taxes - $4,493.87
6. MOTION by Hanus, seconded by Osmek to approve the revised Procurement
Agreement, original of which was done in June of 1993. All voted in favor.
Motion carried.
7. MOTION by Brown, seconded by Osmek to approve the bills for April, 2003. All
voted in favor. Motion carried.
8. It was the consensus of the Board to have Reiter negotiate a lease for three
washers and 2 dryers for Indian Knoll, to bring back for consideration.
9. Misc. - the Property Manager is on site from 10:00 a.m. to 4:00 p.m.
10. March Bank Statement
11. February Finance Balance Sheet
5A. TAX INCREMENT PLEDGE AGREEMENT
John Dean reviewed the Tax Increment Pledge Agreement, stating that the reason for
this agreement is, although the HRA owns the tax increment, the City sells bonds and
needs funds to make the payments. The HRA is agreeing to pledge tax increment to
the City to make the bond payments.
MOTION by Brown, seconded by Hanus to adopt the following resolution. All voted in
favor. Motion carried.
RESOLUTION NO. 03-02H: RESOLUTION AUTHORIZING EXECUTION OF TAX
INCREMENT PLEDGE AGREEMENT WITH THE CITY OF MOUND RELATING TO
GENERAL OBLIGATION TAX INCREMENT BONDS, SERIES 2003.
6. ADJOURN
MOTION by Osmek, seconded by Hanus to adjourn at 7:04 p.m. All voted in favor.
Motion carried.
Attest: Bonnie Ritter, City Clerk
Chair Pat Meisel
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