HomeMy WebLinkAbout2015-07-21 HRA Regular Meeting MINUTES
• OF THE EDINA HOUSING AND REDEVELOPMENT AUTHORITY
JULY 21, 2015
9:41 P.M.
CALL TO ORDER
Chair Hovland called the HRA meeting to order at 9:41 P.M.
ROLLCALL
Answering rollcall were Commissioners Brindle, Staunton, Stewart, Swenson and Chair Hovland.
APPROVAL OF MEETING AGENDA
Motion made by Commissioner Swenson, seconded by Commissioner Brindle approving
the Meeting Agenda tabling Item VI. Amendment To Affordable Housing to a future
meeitng.
Ayes: Brindle, Staunton, Stewart, Swenson, Hovland
Motion carried.
MINUTES OF THE REGULAR MEETING OF JUNE 17, 2015 APPROVED
Motion made by Commissioner Staunton, seconded by Commissioner Brindle approving
the Minutes of the Meeting of the Edina Housing and Redevelopment Authority for June
17, 2015.
Ayes: Brindle, Staunton, Stewart, Swenson, Hovland
Motion carried.
• AMENDMENT TO TAX INCREMENT FINANCING POLICY FOR AFFORDABLE HOUSING
TABLED
Chair Hovland noted the item had been tabled with the adoption of the agenda.
RESOLUTION NO. 2015-04 AUTHORIZING INTERFUND LOAN — PENTAGON PARK
TAX INCREMENT FINANCING DISTRICT.
Mayor Hovland noted the proposed resolution was the same action taken by the City Council and
adoption will allow reimbursement of administration costs after tax revenue begins to be collection in
2018. Following a brief discussion Commissioner Swenson made a motion, seconded by
Commissioner Stewart adopting Resolution No. 2015-04 authorizing an interfund loan for
administrative costs from the Pentagon Park Tax Increment Financing District.
Ayes: Brindle, Staunton, Stewart, Swenson, Hovland
Motion carried.
ADJOURNMENT
Chair Hovland declared the meeting adjourned at 9:45 p.m.
Respectfully submitted,
' Sc tt Neal, Exe tive Director
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