2008-01-22PLEASE TURN OFF CELL PHONES & PAGERS IN COUNCIL CHAMBERS.
AGENDA
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MOUND HOUSING & REDEVELOPMENT AUTHORITY
REGULAR MEETING
TUESDAY, JANUARY 22, 2008 - 6:30 PM
MOUND CITY COUNCIL CHAMBERS
Page
1. Open meeting.
2. Action approving agenda, with any amendments
3. Redevelopment financing and projects 1-4
A. Public hearing and consideration of Resolution Authorizing
and Directing the Filing of Eminent Domain Proceedings
B. Other matters relating to the acquisition of properties on
Shoreline Drive (HRA may close this portion of the meeting
Pursuant to Minnesota Open Meeting Law)
~. Action approving minutes: January 8, 2008 -regular meeting 5-6
5. Action accepting audited financial report and auditor's
management letter for year ended September 30, 2007.
6. Indian Knoll Manor Manager's Monthly Report 7-13
7. Action on Resolution Not to Waive Statutory Tort Limits 14-15
8. Adjourn
~1
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325445v2 JBD MU220-2
• 5341 Maywood Road
Mound, MN 55364
(952)472-3190
MEMORANDUM
To: Mound Housing and Redevelopment Authority
From: Sarah Smith, Community Development Director
Date: January 16, 2008
Re: Public Hearing -Property at 5545 Shoreline Drive
Summary. The property at 5545 Shoreline Drive is in the Mound Harbor
Renaissance Development (MHRD) project area and is slated for development in
connection with the development project for Auditor's Road. The HRA has been
engaged in discussions with the owner regarding the acquisition of the
aforementioned property and, to date, the discussions have not resulted in an
agreement. Therefore, a public hearing is being held and the matter is coming to
the HRA for a determination if it is appropriate to move forward with acquisition of
the subject property through the use of its power of eminent domain. The. process
requires a public hearing and the necessary notifications have been undertaken.
The HRA Attorney will be present at the meeting to further diZvss~his matter.
n
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BOARD OF COMMISSIONERS
THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF MOUND
RESOLUTION NO.08-
RESOLUTION AUTHORIZING AND DIRECTING THE FILING OF EMINENT
DOMAIN PROCEEDINGS
WHEREAS, the Housing and Redevelopment Authority in and for the City of Mound
("HRA") is a public body corporate and politic under Minnesota law, and is authorized by Minn.
Stat. § 469.012, Subd. 1 g, to acquire real estate by exercising the power of eminent domain under
and pursuant to Minn. Stat., Ch. 117; and
WHEREAS, the Board of Commissioners of the HRA is the official governing body of the
HRA; and
WHEREAS, attached hereto as Exhibit A is the Iegal description of property ("Subject
Property"} which the HRA wishes to acquire for redevelopment in accordance with the
development plan for the Mound Harbor Project Area ("HRA Project");
WHEREAS, despite the HRA's best efforts, the HRA has been unable to reach agreement
with the owner of the Subject Property upon teens and conditions under which the HRA may
acquire mazketable title to the property for the HRA Project;
WHEREAS, the Boazd of Commissioners of the HRA finds that it is reasonable, necessary,
proper, convenient, for a public purpose, and in the interest of the public health, safety, convenience,
and general welfare of the citizens of the City of Mound and in the best interests of the HRA that the
Subject Property be acquired by the HRA by use of eminent domain proceedings pursuant to Minn.
Stat. Ch. 117;
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of the Housing
and Redevelopment Authority in and for the City of Mound that:
1. It is necessary and for a public purpose that the real estate which is described
on Exhibit A attached hereto, be acquired for the HRA Project through the exercise of the
power of eminent domain.
2. Prior to filing eminent domain proceedings, the Executive Director of the
HRA shall make a written offer of compensation to the owner of the Subject Property based
upon the independent appraisal of its value previously obtained by the HRA.
3. The attorneys for the HRA, its Executive Director and Board Chair are
hereby authorized and directed to take all steps necessary to file eminent domain
proceedings to acquire the Subject Property for the Project.
326944v1 RJL MU195-27
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• Adopted by the Board of Commissioners of The Housing and Redevelopment Authority in
and for the City of Mound this _ day of January, 2008.
Chair, Board of Commissioners
ATTEST:
Clerk
326444v1 RJL MU195-27 2
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NOTICE OF PUBLIC HEARING
NOTICE is hereby given that the Board of Commissioners of The Housing and
Redevelopment Authority in and for the City of Mound ("HRA") will meet in the Mound
City Hall, 5341 Maywood Road, Mound, Minnesota 55364 at 6:30 p.m. on January 22, 2008,
to conduct a public hearing on the question whether the HRA Board should authorize
acquisition of real estate by eminent domain proceedings for redevelopment in accordance
with the development plan for the Mound Harbor Project Area. Said real estate is located at
5545 Shoreline Drive, in the City. A detailed legal description of said real estate and a map
depicting said real estate are on file in the office of the Executive Director of the HRA and are
available for public inspection at the Mound City Hall during regular business hours or by
contacting Sarah Smith of the HRA at 952-472-0604 at City Hall.
Any person wishing to express an opinion on the matters to be considered at the
public hearing will be heard orally or in writing.
Dated: January 12, 2008 (Date of Publication)
Executive Director
The Housing and Redevelopment Authority
In and for the City of Mound
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• MOUND HOUSING AND REDEVELOPMENT AUTHORITY
JANUARY 8, 2008
The Housing and Redevelopment Authority in and for the City of Mound, Minnesota, met
in regular session on Tuesday, January 8, 2008, at 6:30 p.m. in the council chambers of
city hall.
Members present: Chair Mark Hanus; Commissioners David Osmek, Mike Specht, John
Beise and Greg Skinner
Others present: City Attorney John Dean, Executive Director Kandis Hanson,
Community Development Director Sarah Smith, Ken Perbix
1. Open meeting
Chair Hanus called the meeting to order at 6:37 p.m.
2. Approve agenda
MOTION by Osmek, seconded by Beise to approve the agenda. All voted in favor.
Motion carried.
3. Approve minutes
MOTION by Osmek, seconded by Beise to approve the minutes of the December 11,
2007 meeting. All voted in favor. Motion carried.
4. Action on resolution appointing Acting Chair
• MOTION by Beise, seconded by Hanus to adopt the following resolution. All voted in
favor. Motion carried.
RESOLUTION NO. 07-01 H: RESOLUTION APPOINTING DAVID OSMEK AS ACTING
CHAIRPERSON FOR THE HRA FOR 2008
5. Action on resolution appointing Acting Executive Director
MOTION by Osmek, seconded by Specht to adopt the following resolution. All voted in
favor. Motion carried.
RESOLUTION NO. 07-02H: RESOLUTION APPOINTING GINO BUSINARO AS
ACTING EXECUTIVE DIRECTOR OF THE HRA FOR 2008
6. Action on resolution approving letter of credit reduction and authorizing
release of original document (no. 232(1)) for Villas on Lost Lake
MOTION by Osmek, seconded by Specht to adopt the following resolution. All voted in
favor. Motion carried.
RESOLUTION NO. 07-03H: RESOLUTION APPROVING LETTER OF CREDIT
REDUCTION AND AUTHORIZING RELEASE OF ORIGINAL DOCUMENT FOR
VILLAS OF LOST LAKE
•
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HRA Minutes -January 8, 2008
7. Consideration of authorizing staff to respond to offers from owners of
properties:
1. Curtis Johnson estate 5545 Shoreline Drive
2. Roger Beckel 5567 Shoreline Drive
3. Kenneth Perbix 5575 Shoreline Drive
At 6:39 p.m., City Attorney John Dean announced that the HRA would close this portion
of the meeting pursuant to the Minnesota Open Meeting Law to discuss possible real
estate transactions.
The public meeting resumed at 7:33 p.m.
8. Adjourn
MOTION by Osmek, seconded by Specht to adjourn at 7:34 p.m. All voted in favor.
Motion carried.
Chair Mark Hanus
Attest: Bonnie Ritter, City Clerk
-6-
• MOUND HRA
INDIAN KNOLL APARTMENTS
_ PROPERTY MANAGER'S MONTHLY REPORT
January 22, 2008
Manager's Agenda
• December Sank Statement
• December Income Statement -
• Review of bills paid
• Managers Report
-7-
WELLS FARGO BANK, N.A. ~ ~~'~" ~ Page 1 of 3
RIDGEDALE OFFICE Account Number:
POST OFFICE BOX B 514 ~i~<< j ~ ~;~~ ~~;;;~ Stafement Period:
MINNEAPOLIS, MN 55479
Image Count:
~I~I~~I~I~~~Il~~ll~~~l,~l~~~II~II~~~~I~II~~~I~I~~I~~~II~II~~
HOUSING ~ REDEVELOPMENT AUTHORITY
SPECIAL ACCOUNT
CITY OF MOUND
FINANCE DIRECTOR
5341 MAYWOOD RD
MOUND MN 55364-1627
1096 C0300)
-0033530
Dec 1, 2007-
Dec 31, 2007
20
If you !rave any questions abouf this statement or your accounts, call: 800-225-5935 (1-800-CALL-WELLS).
Your Accounts at a Glance
Accounf Be inning Deposits/ Withdrawals/ Ending
Type Balance Credits Debits Balance
Basic Business Checking with Interest 24,976.39 45,362.92 - 22,424.04 47,915.27
000-0033530
News from Wells l=argo
Introducing Security Questions
In the coming months, we'!! ask all online customers to make their accounts even safer by selecting and answering
three security questions. It we ever need to confirm your identity, your correct answers to these questions will help
us verify iYs you. To learn more, visit our Security Questions Overview at www.wellsfargo.com/securityquestlons
Quick and easy to set up, security questions help protect your account and keep your identity safe.
Basic Bus/Hess Checking with Interest 000-0033530
Housing & Redevelopment Authority
Special Account
Nov 30 Beginning Balance 24,976.39
Dec 31 Ending.Balance 47,915.27
Deposits and Credits ---------------------------------------------------------------------------------------------------------------__--
Posted
Date Transaction Detail Amount
Dec 05 Hud Treas 303 Misc Pay 120507 410962421860103
MN0740
********
*
*
/10
692
55
hud Operating Fund
099178618
VV
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.
Dec 06 Deposit
Dec O6 Deposit ,.4,112.00
,13,482.00
Dec 06 Deposit X2,826.00
Dec O6 Deposit
Dec 13 Deposit / 61.00
~/ 729.00
Dec 13 Deposit / 561.00
Dec 14 Hud Treas 303 Misc Pay 121407 410962421860103
*
*
********
894
14
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hud Capital Fund Program
092381662
VV
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.
Dec 31 Interest Payment 5.23
:onfinued on next page
-$-
• Housin & Redevelopment Authority
Special Account
Checks Paid -------------------------------
Check # Date
Page 2 of 3 ~
1os7
Account Number 000-0033530
Statement End Date: 12/31107
2814 + Dec 10
2820 Dec 19
2824 Dec D4
2825 + Dec 04
2826 + Dec 12
2827 Dec 11
2828 Dec 12
2829 Dec 13
2830 Dec 06
2831 Dec 13
Gap in Check Sequence
+ Item converted to substitute check
Daily Balance Summary -----------------------.
Date
2832 Dec 18 288.86
2833 - - Dec 17 182.31
2834. + Dec 21 44.25
2835 Dec 13 56.47
2836 Dec 13 47.92
2837 Dec 17 49
00
2838 Dec 13 .
275.87
2839 Dec 18 1,442.37
2840 Dec 19 2,935.00
2841 -r Dec 13 1,939.61
Check # Date Amount
Amount
47.59
26.37
7,529.00
2,085.70
850.00
59.77
715.20
103.00
1,342.75
2,403.00
Balance Date
Nov 30 24,976.39 Dec 13 _~ ~~ ~~____ __
Dec 04 15,361.69 Dec 14
Dec 05
Dec 06 26,054.24 Dec 17
Dec 10 35,192.49
35,144.90 Dec 18
Dec 19
Dec 11
Dec 12 35,085.13 Dec 21
33,519.93 Dec 31
Average Collected Balance $ 40,937.55
Interest Summary ----------------------=------------
• ------------- ----------------------------------------------
-----------
Annual Percents a Yield Earned
g Thts Perod
- interest Earned During This Period
Year to Date Interest and Bonuses Paid
. Balance
29,984.06
52,878.20
52, 646.89
50,915.66
47,954.29
47,910.04
47,915.27`
.0.15%
5.23
51.45
For Your Interest
.Thank you for banking with Wells Fargo.
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_10_
Mound, MN Public Housing
2020 Commerce Boulevard
Mound, MN 55364
As OF
December 31, 2007
BALANCE SHEET
ASSETS
111101 - Cash General Fund 39,957.79
111700 - Pefty Cash 100.00
112200 - Tenants Accounts Receivable 1,825.00
112900 - City of Mound 910.11
116200 - General Fund Investments 1,867.81
121100 - Prepaid Insurance 5,646.74
129000 - Deferred Charges (42.15)
140002 - Development Cost 1,505,904.64
140003 - Development Cost Contra (2,335,815.55)
140005 - Accumlated Depreciation (2,031,043.28)
140007 - Buildings 1,642,970.53
140008 - Furniture,Equipment,Machines-Dwelling 37,373.95
140009 - Furniture,Equipment,Machines-Admin 17,493.01
140016 - Land Improvements 30,440.04
140017 - Building Improvements 703,571.02
140055 - Mod Cost Complete 829,910.91
140095 - Mod Cost Uncomplete 42,567.67
150600 - Mod Cost Uncomplete Contra (10,846.81)
TOTAL ASSETS 482.7
SURPLUS AND LIABILITIES
211100 -Accounts Payable Vendors & Contractors (129.64}
211400 - Tenants Security Deposits (9,883.00)
211410 -Tenants Pet Deposits (4,500.00)
211499 - Security Deposit interest (604.96)
212900 - Notes Pay Levy Fund (40,000.00)
213700 - Payment in Lieu of Taxes (3,490.53)
213701 -PILOT Current Year (1,161.00)
280200 -Investments in Fixed Assets -Net (420,606.87)
280600 -Unrestricted Net Assets 38,457.96
Current Year Net Activity (40,873.39)
TOTAL SURPLUS AND LIABILITIES
Mound, MN Public Housing
2020 Commerce Boulevard
Mound, MN 55364
As Of
December 31, 2007
Statement of Operating Receipts & Expenditures
311000 - Dwelling Rental
312000 - Excess Utilities
Total Rental Income
361000 - Investment Interest/General Funds
369000 - Other Income
802000 - Operating Subsidy
Total Other Operating Receipts
Total Receipts
Expenses
411000 -Westport Payroll & Benefits
411045 -Employee Benefits Administrative
411200 -Manager Payroll
413000 - Legal Expense
414000 - Staff Training
415000 - Travel
417000 - Accounting Fees
417100 - Auditing Fees
419000 - Sundry-Administrative
419500 - Outside Management
Total Administrative Expense
423000 - Tenant Contract Serves
Total Tenant Services Expense
431000 - Water
432000 - Electricity
433000 - Gas
439000 - Other Utility Expense
439100 - Garbage Removal
Total Utilities Expense
441000 - Maintenance Labor
441045 -Employee Benefits Maintenance
442000 - Materials
443000 - Contract Costs
Total Maintenance Expense
YTD Over
Current YTD Prorated (Under)
ActlVitV Balance Budget Budget
(11,461.00) (32,889.00) (33,110.01) (221.01)
(12.17) (41.55) (189.99) (148.44)
(11,473.17) (32,930.55) (33,300.00) 369.45
(5.23) (13.27) (12.51) 0.76
(182.00) (943.04) (999.99) (56.95)
(10,692.55) (23,073.86) (22,661.76) 412.10
(10,879.78) (24,030.17) (23,674.26) (355.91)
(22,352.95) (56,960.72) (56,974.26) 13.54
0.00 2,278.55 0.00 2,278.55
242.29 347.88 1,922.49 (1,574.61)
2,504.00 3,699.00 8,124.99 (4,425.99)
0.00 0.00 249.99 (249.99)
0.00 0.00 125.01 (125.01)
0.00 47.59 99.99 (52.40)
450.92 .601.84 624.99 (23.15)
0.00 0.00 1,875.00 (1,875.00)
325.74 1,696.49 6,687.51 (4,991.02)
1,700.00 3,400.00 2,550.00 850.00
5,222.95 12,071.35 22,259.97 (10,188.62)
0.00
0.00
0.00
50.01 (50.01)
50.01 (50.01)
o.oo
260.17 260.17 800.01 (539.84)
1,442.37 2,833.07 4,887.51 (2,054.44}
2,403.00 4,806.00 7,055.01 (2,249.01)
1,082.58 1,230.29 3,477.51 (2,247.22)
275.87 580.99 1,350.00 (769.01)
5,463,99 9,710.52 17,570.04 (7,859.52)
735.00 3,255.58 8,499.99 (5,244.41)
243:56 312.09 2,010.00 (1,697.91)
528.82 870.64 1,950.00 (1,079.36)
2,781.34 5,033.14 4,052.49 980.65
4,288.72 9,471.45 16,512.48 (7,041.03)
Mound, MN Public Housing
202Q Commerce Boulevard
Mound, MN 55364
As Of
December 3'l, 2007
Statement of Operating Receipts & Expenditures
YTD Over
Current YTD Prorated (Under)
Activity Balance Budget Budget
451000 - Insurance 714.71 2,039.12 3,050.01 (1,010.89)
452000 - Pmts In Lieu Of Taxes 300.46 1,161.00 786.51 374.49
457000 - Collection Loss 0.00 (142.67) 0.00 (142.67)
Total General Expense 1,015.17 3,057.45 3,836.52 (779.07)
Total Routine Expense
15,990.83 34,310.77 60,229.02 (25,918.25)
0.00
OAO 0.00 0.00
Total Nonroutine Expense
Total Expense
15,990.83 34,310.77 60,229.02 (25,918.25)
MEMORANDUM
January 17, 2008
TO: HOUSING AND REDEVELOPMENT AUTHORITY BOARD MEMEBERS
FROM: KANDIS M. HANSON, CITY MANAGER
GINO BUSINARO, FINANCE DIRECTOR
SUBJECT: HRA INSURANCE LIABILITY COVERAGE
RESOLUTION NOT TO WAIVE STATUTORY TORT LIMITS
The Board of the Housing and Redevelopment Authority of Mound must decide whether or not to
waive the statutory tort limits on an annual basis.
In the past, the HRA Board has not waived the statutory tort limits. With this resolution, the Council
would elect not to waive the statutory tort liability established by Minnesota Statutes 466.04. Such
election. would be effective until amended by further resolution of the HRA Board, although the
League of Minnesota Cities Insurance Trust (LMCIT) requires the resolution to be formally renewed
every year.
If you have any questions, please contact me at 952-472-0609 or Gino at 952-472-0608.
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MOUND HOUSING AND REDEVELOPMENT AUTHORITY
• RESOLUTION NO.
RESOLUTION MAKING A SELECTION NOT TO WAIVE THE STATUTORY
TORT LIMITS FOR LIABILITY INSURANCE PURPOSES
WHEREAS, pursuant to previous action taken, the League of Minnesota Cities
Insurance Trust has asked the Housing and Redevelopment Authority of and for the City
of Mound to make an election with regards to waiving or not waiving its tort liability
established by Minnesota Statutes 466.04; and
WHEREAS, the choices available are; to not waive the statutory limit, to waive the limit
but to keep insurance coverage at the statutory limit, and to waive the limit and to add
insurance to a new level;
NOW, THEREFORE BE IT RESOLVED by the Housing and Redevelopment
Authority of and for the City of Mound, Minnesota, to hereby elect not to waive the
statutory tort liability established by Minnesota Statutes 466.04; and that such election is
effective until amended by further resolution of the Mound HRA.
Adopted this 22nd day of January, 2008.
Mark Hanus, Mound HRA Chair
Attest: Bonnie Ritter, City Clerk
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