2008-02-26MOUND HOUSING AND REDEVELOPMENT AUTHORITY
FEBRUARY 26, 2008
The Mound Housing and Redevelopment Authority in and for the City of Mound,
Minnesota, met in regular session on Tuesday, February 26, 2008 at 7:00 p.m. in the
council chambers of city hall.
Members present: Chairperson Mark Hanus; Commissioners David Osmek, Mike
Specht, John Beise and Greg Skinner
Others present: City Attorney John Dean, Acting Executive Director Gino Businaro,
Community Development Director Sarah Smith, Ken Perbix, Bill & Dorothy Netka,
Jessica Shepherd
1. Open meeting
Chair Hanus called the meeting to order at 7:00 p.m.
2. Approve agenda
Businaro asked that Item 5 be changed to: Closed Session to Discuss the Offer to
Purchase the Property at 5555 Shoreline Drive, and that the Mound Redevelopment
Update be moved to Item 9 if time allows, and the adjournment will be item 10.
MOTION by Osmek, seconded by Specht to approve the agenda as amended above.
All voted in favor. Motion carried.
3. Approve minutes
MOTION by Osmek, seconded by Beise to approve the minutes of February 12, 2008.
All voted in favor. Motion carried.
4. Indian Knoll Manor Manager's Monthly Report
Jessica Shepherd presented the monthly report as follows:
A. January bank statement
B. January income statement
C. Review of bills: MOTION by Osmek, seconded by Beise to approve payment of
the bills for December, 2007. All voted in favor. Motion carried.
MOTION by Osmek, seconded by Beise to approve payment of the bills for
January, 2008. All voted in favor. Motion carried.
D. Manager's report
5. Closed session to discuss the offer to purchase the property at 5555 Shoreline
Drive
At 7:05 p.m. John Dean explained that the HRA will meet in closed session for an
update on the offer to purchase property at 5555 Shoreline Drive.
The HRA reconvened at 7:23 p.m. and John Dean stated that at the closed session
discussion took place regarding the purchase agreement of the property at 5555
Shoreline Drive and an amendment to the agreement with regards to the length of the
lease, purchase and escrow amounts.
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HRA Minutes -February 26, 2008
6. Consideration/Action on Resolution Ratifvina Purchase Aareement for
Propertv at 5555 Shoreline Drive
MOTION by Beise, seconded by Skinner to adopt the following resolution as amended.
All voted in favor. Motion carried.
RESOLUTION NO. 08-06H: RESOLUTION RATIFYING PURCHASE AGREEMENT
FOR PROPERTY AT 5555 SHORELINE DRIVE
7. Consideration/Action on Resolution Ratifying Purchase Agreement for
Propertv at 5545 Shoreline Drive
MOTION by Beise, seconded by Hanus to adopt the following resolution. All voted in
favor. Motion carried.
RESOLUTION NO. 08-07H: RESOLUTION RATIFYING PURCHASE AGREEMENT
FOR PROEPRTY AT 5545 SHORELINE DRIVE
8. Consideration/Action on lease for property at 5555 Shoreline Drive
John Dean recommended approval of the lease as provided subject to the modifications
necessary to shorten the term from 3 to 2 years, with an option to extend for the third
year if an amount of $30,000 is added to the escrow at that point. The amended lease
will also indicate that the escrow will be used in part to cover the remediation costs. A
separate agreement may come out of the lease dealing with the escrow account and
remediation.
MOTION by Beise, seconded by Hanus to approve the lease agreement as amended.
All voted in favor. Motion carried.
9. Mound Redevelopment Update
Sarah Smith gave a brief update, including receipt of an ERF grant from Hennepin
County to undertake environmental testing in the Auditor's Road District. The City
anticipates reimbursement in the amount of about $800,000 for the parking deck, which
is part of grant funding from Hennepin County, as well as funding reimbursement from
the Watershed, which is forthcoming. She also updated the HRA regarding the grant
extension for the parking structure in Auditor's Road.
10. Adiourn
MOTION by Specht, seconded by Hanus to adjourn. All voted in favor. Motion carried.
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Attest: Bonnie Ritter, City Clerk
y.~__
Chair Mark Hanus
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MOUND HOUSING AND REDEVELOPMENT AUTHORITY
RESOLUTION NO. 08-06H
RESOLUTION RATIFYING PURCHASE AGREEMENT FOR PROPERTY AT 5555 SHORELINE
DRIVE
WHEREAS, the Mound Housing and Redevelopment Authority (HRA), in closed session on
December 11, 2007, authorized a Purchase Agreement for the property located at 5555 Shoreline
Drive which is to be purchased by the Mound HRA.
NOW THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for
the City of Mound, Minnesota hereby approves the Purchase Agreement by and between the
Mound Housing and Redevelopment Authority and the owner(s) of the property located at 5555
Shoreline Drive, and ratifies all actions of the Chair and Executive Director, and hereby authorizes
the Executive Director and her designees to undertake any and all activities associated necessary
to close the transaction.
Adopted by the HRA this 26th day of February 2008.
Chairperson Mark Hanus
Attest: Bonnie Ritter, City Clerk
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MOUND HOUSING AND REDEVELOPMENT AUTHORITY
RESOLUTION NO. 08-07H
RESOLUTION RATIFYING PURCHASE AGREEMENT FOR PROPERTY AT 5545 SHORELINE
DRIVE
WHEREAS, the Mound Housing and Redevelopment Authority (HRA), in closed session on
February 12, 2008, authorized a Purchase Agreement for the property located at 5545 Shoreline
Drive which is to be purchased by the Mound HRA.
NOW THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for
the City of Mound, Minnesota hereby approves the Purchase Agreement by and between the
Mound Housing and Redevelopment Authority and the owner(s) of the property located at 5545
Shoreline Drive, and ratifies all actions of the Chair and Executive Director, and hereby authorizes
the Executive Director and her designees to undertake any and all activities associated necessary
to close the transaction.
Adopted by the HRA this 26th day of February 2008.
Chairperson Mark Hanus
Attest: Kandis Hanson, Executide Dir toc~~~
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