HomeMy WebLinkAbout1988-05-16 HRA Regular Meeting MINUTES
EDINA HOUSING AND REDEVELOPMENT AUTHORITY
MAY 16, 1988
Answering rollcall were Commissioners Kelly, Richards, Smith, Turner and Courtney.
MINUTES of the HRA Meeting of May 2, 1988 were approved as submitted by motion of
Commissioner Smith, seconded by Commissioner Turner.
Ayes: Kelly, Richards, Smith, Turner, Courtney
Motion carried.
AWARD OF BID FOR PARKING FACILITY ADDITION (51ST STREET RAMP) CONTINUED TO 6/6/88.
Executive Director Hughes advised that bids were opened on May 13, 1988 for the
parking facility addition (51st Street Ramp) . The bids came in about 30% higher
than the engineer's estimate. Included in the bid specifications were the
resurfacing of the entire parking facility with brick. The brick upgrade was bid
as an alternate and the bid for the brick is much more costly than anticipated.
The original estimate was $78,000.00 for the brick treatment and the bid came in
at approximately $240,000.00. In the next two weeks that can be factored into the
equation in terms of the desirability of the brick upgrade. Director Hughes
explained that the other factors that added to the cost increase is that after the
project hearing it was elected to take bids as an alternate for a general
upgrading of the existing parking facility. Staff will be discussing with the
contractor within the next weeks his suggestions for reducing the cost. Motion
was made by Commissioner Turner and seconded by Commissioner Richards to continue
the award of bid for the parking facility addition to June 6, 1988.
Ayes: Kelly, Richards, Smith, Turner, Courtney
Motion carried.
BINDER TO BE OBTAINED FOR PUBLIC OFFICIALS' LIABILITY INSURANCE FOR HRA. Director
Hughes advised that prior to now the HRA has never specifically carried public
officials' liability insurance. In reviewing the City's policy it has been found
that the Council acting as the HRA may not be adequately covered. Given the
nature of the HRA's involvement in the Edinborough and Hedberg projects it is felt
advisable to name the HRA separately which would then also name the East Edina
Housing Foundation as well. The premium for that policy would be $4,575.00 for
coverage of $1,000,000. The issue was raised as to a legal opinion by the
insurance company as to whether the HRA and the Foundation are or are not covered
under the City's liability insurance policy. Attorney Erickson opined that
Minnesota Statutes requires that the HRA indemnify and provide defense for
employees and officers of the HRA against judgments and claims arising out of
their employment or official duties. Following some discussion, Commissioner
Smith made a motion to authorize obtaining a binder to cover the HRA and the East
Edina Housing Foundation and to bring back to the HRA further information
regarding coverage. Motion was seconded by Commissioner Kelly.
Ayes: Kelly, Richards, Smith, Turner, Courtney
Motion carried.
Commissioner Kelly also asked that staff contact the insurance agent regarding
coverage for individuals serving on various boards.
There being no further business on the HRA Agenda, the meeting was adjourned by
motion of Commissioner Turner, seconded by Commissioner Kelly. Motion c ried.
Executi Dire or