HomeMy WebLinkAbout2016-05-17 HRA Work Session MINUTES
OF THE EDINA HOUSING AND REDEVELOPMENT AUTHORITY
• WORK SESSION
MAY 17, 2016
5:35 P.M.
1. CALL TO ORDER
Chair Hovland called the HRA meeting to order at 5:35 p.m.
11. ROLLCALL
Answering rollcall were Commissioners Brindle, Staunton, Stewart, Swenson and Chair
Hovland.
Edina City Staff attending the meeting: Scott Denfeld, Video Production Coordinator; Debra
Mangen, City Clerk; Chad Millner, Engineering Director, Scott Neal, City Manager; Bill Neuendorf,
Economic Development Director; and Cary Teague, Community Development Director.
111. INVESTMENT PLAN FOR INCREMENTAL TAXES
Economic Development Director Neuendorf noted the HRA has two active TIF Districts:
Pentagon Park and Southdale 2; three expired TIF Districts that retained a cash balance:
Centennials Lakes, Grandview I and Wooddale/Valleyview/70`h/Cahill. He noted monies can be
invested to achieve redevelopment goals of the districts. The HRA and staff discussed potential
re-investment uses for the TIF Districts' remaining funds. The HRA offered some priorities to
• staff for the remaining funds' potential re-investments.
IV. ADJOURNMENT
Chair Hovland declared the meeting adjourned at 6:08 p.m.
Respectfully submitted,
.. 1
S A Neal, Executivi Director
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