2014-02-11 HRA Meeting MinutesMOUND HOUSING AND REDEVELOPMENT AUTHORITY
FEBRUARY 11, 2014
The Mound Housing and Redevelopment Authority in and for the City of Mound, Minnesota, met
in regular session on Tuesday, February 11, 2014, at 6:40 p.m. in the council chambers of the
Centennial Building.
Members present: Chair Mark Hanus; Commissioners Ray Salazar, Kelli Gillispie, and Heidi
Gesch.
Members absent: Mark Wegscheid
Others present: Executive Director Kandis Hanson, Finance Dir /Clerk/Treasurer Catherine
Pausche, Attorney Julie Eddington, Theresa Malloy, State Senator David Osmek
1. Open meeting
Chair Mark Hanus called the meeting to order at 6:43 p.m.
2. Approve agenda
MOTION by Salazar, seconded by Gillispie, to approve the agenda. All voted in favor. Motion
carried.
3. Approve minutes
MOTION by Salazar, seconded by Gillispie, to approve the minutes of the January 28, 2014
regular meeting. All voted in favor. Motion carried.
4. Approve claims
MOTION by Salazar, seconded by Gillispie, to approve the claims in the amount of $14,539.89.
All voted in favor. Motion carried.
5. Approve rescheduling of meetings
MOTION by Salazar, seconded by Gesch, to approve the following rescheduling of meetings:
A. Regular HRA Meeting on March 11, 2014, to March 12, 2014,
due to lack of a quorum
B. Regular HRA Meeting on Aug 12, 2014, from regular time of
6:55pm to 8:00pm, due to the Primary Election
C. Regular HRA Meeting on Nov 11, 2014, to Nov 12, 2014, due to
Veterans Day holiday
All voted in favor. Motion carried.
Eddington provided background on Minnesota Statutes Sec. 469.1763, subd. 3 includes a
provision called the Five -Year Rule, which requires that certain development activities be
commenced within five years of certification of a TIF District in order to use tax increment to
finance development within the TIF District.. The Mound Harbor Renaissance (MHR) Tax
Increment (TIF District) was established in 2005. In 2009, legislation was adopted which
extended the Five Year Rule to a 10 year period following certification due to delays attributed
to the recession. Since development activities continue to be impacted by the economic
H RA Minutes — February 11, 2014
conditions, Staff is recommending to request another extension of the Five Year Rule from May
5, 2015 to May 5, 2020.
MOTION by Salazar, seconded by Gesch, to expand the Five -Year Rule for the Mound Harbor
Tax Increment Financing District 1 -3, through legislative efforts, from May 5, 2015 to May 5,
2020. All voted in favor. Motion carried.
7. Adiourn
MOTION by Gesch, seconded by Salazar, to adjourn at 6:53 p.m. All voted in favor. Motion
carried.
Attest: Catherine Pausche, Clerk