HomeMy WebLinkAbout2001-03-20 HRA Regular Meeting e
MINUTES
OF THE EDINA HOUSING AND REDEVELOPMENT AUTHORITY
HELD AT CITY HALL
MARCH 20, 2001
7:00 P.M.
ROLLCALL Answering rollcall were Commissioners Housh, Masica and Chair
Maetzold. Commissioner Kelly entered the meeting at 7:10 P.M.
CONSENT AGENDA APPROVED Motion made by Commissioner Housh and
seconded by Commissioner Masica approving the Edina Housing and
Redevelopment Authority Agenda as presented.
Rollcall:
Ayes: Housh, Masica, Maetzold
Motion carried.
*MINUTES OF THE REGULAR MEETING OF MARCH 6, 2001, APPROVED Motion
made by Commissioner Housh and seconded by Commissioner Masica
approving the Minutes of the Regular Meeting of the Edina Housing and
Redevelopment Authority for March 6, 2001.
Motion carried on rollcall vote - three ayes.
• RESOLUTION APPROVING EDINA SCHOOL DISTRICT REQUEST FOR TAX
INCREMENT REBATE Director Hughes explained the Board of Education for Edina
Public Schools has adopted a Resolution requesting the Housing and Redevelopment
Authority to rebate excess tax increments resulting from the 1988 excess levy
referendum. The amount of the requested rebate is $20,000 for 2000 and $20,000. The
rebated amounts would be collected only from the 50th & France Tax Increment
Financing District.
The HRA previously granted similar rebates to the School District for 1991 through
1999. Rebated funds have historically been used for a variety of projects which benefit
both the School district and City. In 1991 funds were used to re-condition tennis courts
at the Community Center. In 1992, the rebate was applied to the cost of rehabilitating
the tract at Kuhlman Field. In 1993 and 1994, rebated funds were used for replacing the
playing surface at the Field House at Edina High School. In 1995 and 1996, the funds
were used for resurfacing of the running track at the Edina Community Center and
resurfacing of tennis courts at the Community Center. In 1997 and 1998, the funds
were used to resurface the tennis courts at the High School, remodel the concessions
stand at the Community Center and install a handicap-access door at Valley View
Middle School. In 1999, funds were used for sidewalk construction.
The School District's resolution suggests that rebated funds for 2000 and 2001 be used
for building/site feasibility studies for referendum projects.
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This represents the final rebate which the HRA will be able to provide/ All tax
increments from the Grandview district have been pledged to Grandview
redevelopment projects. No further expenditures may be made from the 50th & France
District after April 2001.
Member Housh introduced the following resolution and moved its adoption:
HRA RESOLUTION NO. 2001-02
RESOLUTION APPROVING
TAX INCREMENT FINANCE REBATE TO
INDEPENDENT SCHOOL DISTRICT 273
WHEREAS, the City of Edina contains four Tax Increment Financing Districts (TIF)
which are also within the boundaries of the Edina Public Schools; and
WHEREAS, when these districts were established, the tax base was captured to
retire the development bonds and other costs of the development and the school
district receives no additional revenue as a result of the development until the
bonds are retired; and
WHEREAS, when the voters of the school district approved an excess levy in
1988, it effectively increased the revenue to the TIF district rather than producing
revenue for the school district; and
WHEREAS, the 1988 amendments to the Minnesota Tax Increment Financing Act
included a provision whereby a city with a TIF district may pay excess tax
increment revenue generated by a referendum levy to the school district; and
WHEREAS, the request for payment of the excess tax increment revenue can be
made annually and the last approved request was for fiscal year 1998-99; and
WHEREAS, the funds would be used to assist in paying for architectural,
engineering, and security/safety consulting fees related to building/site feasibility
studies.
NOW THEREFORE, BE IT RESOLVED, that the Edina City Council will rebate the
excess tax increment revenue/for fiscal years ending June 30, 2000 and June 30,
2001 in the amount of $20 0 each year for a total of $40,000.
Attest:
ArL-L�
xecutive Dire r Chair
Commissioner Masica seconded the motion.
Ayes: Housh, Masica, Maetzold
Motion carried.
*CONFIRMATION OF CLAIMS PAID Motion made by Commissioner Housh and
seconded by Commissioner Masica approving the payment of claims dated
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March 8, 2001, and consisting of one page totaling $2,687.07; and for payment of
claims per pre list dated March 15, 2001, and consisting of one page totaling
$578,080.63.
Motion carried on rollcall vote - three ayes.
There being no further business on the Edina Housing and Redevelopment Authority
Agenda, Chair Maetzold declared the meeting adjourned.
Ixecutive Direc
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