2016-06-14 HRA Meeting MinutesMOUND HOUSING AND REDEVELOPMENT AUTHORITY
June 14, 2016
The Mound Housing and Redevelopment Authority in and for the City of Mound, Minnesota, met in
regular session on Tuesday, June 14, 2016, at 6:55 p.m. in the council chambers of the Centennial
Building.
Members present: Chair Mark Wegscheid, Kelli Gillispie, Heidi Gesch, Ray Salazar, and Jennifer
Peterson
Members absent: none
Others present: City Manager and Public Works Director Eric Hoversten, Community Development
Director Sarah Smith, Director of Finance and Administrative Services Catherine Pausche, City
Attorney Melissa Manderschied, City Engineer Dan Faulkner, Administrative Assistant Mary Mackres
Public Present: Dede King, Nicole Brodzik, Paul Paine
1. Open meeting
Chair Mark Wegscheid called the meeting to order at 6:55 p.m.
2. Approve agenda
Wegscheid requested Item 5 of the agenda read: "Action on a resolution authorizing the execution
and delivery of a management agreement with Aeon Management LLC'
MOTION by Gesch, seconded by Gillispie, to approve the agenda as amended.
All voted in favor. Motion carried.
3. Action approving minutes: May 24, 2016 regular meeting
MOTION by Gesch, seconded by Gillispie, to approve minutes from May 24, 2016
regular meeting. The following voted in favor: Gesch, Gillispie, Wegscheid, Peterson. The
following voted against: none. The following abstained: Salazar. Motion carried.
3. Approve claims
MOTION by Gesch, seconded by Salazar, to approve the claims in the amount of $14,369.43.
All voted in favor. Motion carried.
4.
Catherine Pausche stated Aeon is on track to assume management responsibilities for
Indian Knoll Manor on July 1, 2016 on a month to month basis until the transfer of ownership.
Pausche noted the contract is the same agreement that was in place with Common Bond. Aeon
will be billing the HRA for their labor and incidental expenses and Pausche will be managing the
HUD compliance reporting.
MOTION by Salazar, seconded by Gesch, to approve the resolution. All voted in favor.
Motion carried.
RESOLUTION NO. 16-06H: RESOLUTION AUTHORIZING THE EXECUTION AND
DELIVERY OF A MANAGEMENT AGREEMENT WITH AEON MANAGEMENT LLC
HRA Minutes—June 14, 2016
5. Catherine Pausche Director of Finance and Administrative Services and Sarah Smith
Community Development Director, requesting discussion on Tax Increment Financing (TIF)
Polic
Chair Wegscheid offered the commission the option to table Item 6 if any commissioner felt it would
be a lengthy discussion that would delay the start of the regular council meeting, but the
commission opted not to table it.
Pausche stated that the concept of a Tax Increment Financing (TIF) policy and application evolved
over the past year while meeting with prospective developers. Pausche said the recovery has
begun and that it is being driven by housing as opposed to commercial/industrial. Pausche said the
policy is an attempt to establish a foundation for determining when the city is willing to subsidize a
project. Pausche said it is anticipated a housing TIF and/or tax abatement will be requested in at
least two upcoming projects and noted that Mound has not had a housing TIF before, only three
redevelopment TIF districts.
Wegscheid stated it is a good idea to have the TIF policy in place and noted that the policy can be
adjusted at any time. Wegscheid suggested putting the financial items listed on page 31 of the
application, be put in chronological order.
MOTION by Wegscheid, seconded by Gesch, to recommend approval of proposed policy and
application format to city council. All voted in favor. Motion carried.
6. Adiourn
MOTION by Gesch, seconded by Salazar, to adjourn at 7:04 p.m. All voted in favor.
Motion carried.
6 Chair Mark Wegscheid
Attest: Catherine Pausche. Clerk