HomeMy WebLinkAbout06-19-00 HOUSING AND REDEVELOPMENT AUTHORITY MEETING
JUNE 19, 2000
Chair Zaun called the .meeting to order at 6:50 p.m.
Roll call was taken. Present: Commissioners Johnson, Zaun, Sindt
and Mulvihill. Also. present: R. Erickson, Executive Director; D.
Feller, Finance Director; C. Friedges, City .Clerk.
MINUTES
The minutes of the May 15, 2000 H.R.A. meeting were approved as
presented.
ITEM 3
Mr. Feller presented an Assignment of Parking/Access Easement
and Maintenance Agreement with Lease Finance Group, Inc. for
the former All Saints School property. He explained that the
Lakeville HRA previously approved. a Lease Agreement, Ground
Lease Agreement and Parking and Maintenance .Agreement relating
to the school property located immediately. north of the Lakeville
Area Arts Center. As a condition of completing the financing
transaction, Lease Finance Group has requested the HRA and ISD
-194 approve an Assignment of Parking/Access Easement and
Maintenance Agreement. Under the terms of the proposed
agreement, Lease Finance Group does not assume obligations or
duties of the Parking/Access Easement and Maintenance
Agreement unless ISD 194 defaults on the lease payments.
00.9. Motion was made by Johnson, seconded by Mulvihill to approve
the Parking/Access Easement and Maintenance Agreement with
Lease Finance Group,. Inc. for the Lakeville Area Arts Center..
Roll call was taken on the motion. Ayes,. Johnson, Zaun, Sindt,
Mulvihill.
Chair Zaun adjourned the HRA meeting at 6:55 p.m.
Respectfully submitted,
Charlene Fri dges, ty Clerk
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Du ne Zaun, it