2020-09-08 HRA Agenda PacketPLEASE TURN OFF CELL PHONES & PAGERS IN COUNCIL CHAMBERS.
AGENDA
MOUND HOUSING & REDEVELOPMENT AUTHORITY
REGULAR MEETING
TUESDAY, SEPTEMBER 08, 2020 6:55 P.M.
NEW LOCATION: WESTONKA SCHOOLS PERFORMING ARTS CENTER
Page
1. Opening the meeting
2. Action approving agenda, with any amendments
3. Approve minutes from 09-10-19 Regular HRA Meeting 1
4. Action on Resolution Authorizing the Levy of a Special Benefit 2 - 3
Levy Pursuant to Minnesota Statutes, Section 469.033, Subdivision 3
6, and Approval of a Budget for Fiscal Year 2021
5. Adjourn
MOUND HOUSING AND REDEVELOPMENT AUTHORITY
Tuesday September 10, 2019
The Mound Housing and Redevelopment Authority in and for the City of Mound, Minnesota, met in
regular session on Tuesday, September 10, 2019, at 6:55 p.m. in the council chambers of the
Centennial Building.
Members present: Chair Ray Salazar, Jeff Bergquist, Phil Velsor, Sherrie Pugh and Paula Larson
Members absent: None
Others present: City Manager and Director of Public Works Eric Hoversten, Finance
Director/Clerk/Treasurer Catherine Pausche, Administrative Assistant Mary Davis
Public Present: None
1. Open meeting
Chair Salazar called the meeting to order at 6:55 p.m.
2. Approve agenda
MOTION by Salazar, seconded by Bergquist, to approve the agenda. All voted in favor. Motion
carried.
3. Approve minutes
MOTION by Salazar, seconded by Pugh, to approve the minutes of the January 22, 2019
regular meeting. All voted in favor. Motion carried.
4. Action on Resolution Authorizing the Levy of a Special Benefit Levy
Pursuant to Minnesota Statutes, Section 469.033, Subdivision 6, and
Approval of a Budget for Fiscal Year 2020
Finance Director/Clerk/Treasurer, Catherine Pausche stated that this action is in relation to the
Transit/Harbor District maintenance and the bonds on the parking deck.
MOTION by Salazar, seconded by Bergquist, to approve a resolution authorizing the levy of a special
benefit levy pursuant to Minnesota Statutes, Section 469.033, Subdivision 6, and approval of a budget
for fiscal year 2020. All voted in favor. Motion carried.
RESOLUTION NO. 19-03H: RESOLUTION AUTHORIZING THE LEVY OF A SPECIAL BENEFIT
LEVY PURSUANT TO MINNESOTA STATUTES, SECTION 469.033, SUBDIVISION 6, AND
APPROVAL OF A BUDGET FOR FISCAL YEAR 2020
5. Adjourn
MOTION by Bergquist, seconded by Pugh, to adjourn at 7:04 p.m. All voted in favor.
Motion carried.
Attest: Catherine Pausche, Clerk
- 1 -
Chair Raymond J. Salazar
n
MEMORANDUM
Date: September 3, 2020
To: HRA Board Chair and Commissioners
From: Catherine Panache
Director of Finance and Administrative Services
Subject: Special Benefit Levy for HRA activities
BACKGROUND
The Housing and Redevelopment Authority (HRA) in and for the City of Mound exists to
support redevelopment activity in Mound. Statute, specifically the HRA Act, allows for a
special tax to be levied in an amount not to exceed 0.0185 of the taxable market value. The
benefit of having a separate levy for this purpose mostly comes into play when levy limits are in
effect.
Mound utilizes these funds for two purposes:
1. Debt service on the transit center bonds 2015B Tax Abatement Bonds
2. Operating and capital expenses in Fund 285 Transit/Harbor District/HRA
rim I Type 1 2016 1 2017 1 20m I 2019 I 2041 1
28' IIRA-0 lin IIRR 23300 95i9�2 19,951 x,135 ]5955 71 05
0501IRA-ma2ID5➢TexA a IIRA "63100 "144 160950 90600 172600 "11450
,p]R) 'in) ps.9os) aes) pTn55; 078p
NCrLLW "63430 "01499 202499 911 620 201350 229411
Fund 285 has run a deficit for many years, and in 2019, the Council authorized accounting for all
Harbor District and Lost Lake slip expenses in this fund, in addition to the transit district related
activities. Significant reserves will need to be accumulated in this fund to pay for the ultimate
maintenance of the slips, Greenway and pier, and redredging of the channel.
RECOMMENDATION
Staff recommends th at the HRA Board approve the attached resolution authorizing the levy of a
a special benefit levy pursuant to Minnesota Statutes Section 469.033, Subdivision 6with no
increase from the prior year.
Please let me know if you have any questions regarding this matter at (952)472-0633.
2-
HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF MOUND
RESOLUTION NO. 20- H
AUTHORIZING THE LEVY OF
A SPECIAL BENEFIT LEVY PURSUANT TO MINNESOTA STATUTES,
SECTION 469.033, SUBDIVISION 6 AND APPROVAL
OF A BUDGET FOR FISCAL YEAR 2021
WHEREAS the Housing and Redevelopment Authority in and for the City of Mound (the
"HRA") has been duly established and operates under Minnesota Statutes, Sections
469.001 to 469.047 (the "HRA Act'); and
WHEREAS, Section 469.033, Subdivision 6, of the HRA Act permits the HRA to levy and
collect a special benefit levy of up to .0185 percent of taxable market value in the City upon
all taxable real property within the City in order to finance housing and redevelopment
activities authorized under the HRA Act; and
WHEREAS, the HRA has reviewed a budget for its operations for fiscal year 2021, which
budget earmarks the special benefits levy to pay debt service for the Mound Transit Center
bonds and any other costs related to HRA administrative, operating and/or capital expenses;
and
NOW, THEREFORE BE IT RESOLVED by the Board of Commissioners of the Housing and
Redevelopment Authority in and for the City of Mound as follows:
1. The budgets for the Mound Transit Center debt service and maintenance costs for
fiscal year 2021 are hereby in all respects approved.
2. Staff of the HRA are hereby authorized and directed to file the budget with the City in
accordance with Minnesota Statutes, Section 469.033, Subdivision 6.
3. The Board approves a special benefit levy for taxes payable in 2021 pursuant to
Minnesota Statutes, Section 469.033, Subdivision 6, in an amount not to exceed
$248,555, subject to the consent of the City Council of the City.
4. Staff of the HRA are hereby authorized and directed to seek the approval
by resolution of the City Council of the City of the levy of special benefit taxes in
2021, certify such proposed special levy with the Hennepin County Auditor by
September 30, 2020, certify the final levy with the County Auditor by the specified
date and take such other actions as are necessary to levy and certify such levy.
Approved this 8th day of September, 2020 by the Board of Commissioners of the Housing
and Redevelopment Authority in and for the City of Mound.
Attest: Catherine Pausche, Clerk
-3-
Chair, Raymond J. Salazar