HomeMy WebLinkAboutItem 02 HRACITY OF LAKEVILLE
HOUSING AND REDEVELOPMENT AUTHORITY
NOVEMBER 7, 2016
Chair Anderson called the meeting to order at 6:45 p.m. in the Council Chambers at City Hall.
Present: Commissioners Davis, Little, Swecker, Anderson, LaBeau
Also present: Justin Miller, Executive Director; David Olson, Community & Economic
Development Director; Allyn Kuennen, Assistant City Administrator
Item 02
Motion was made by LaBeau, seconded by Little, to approve the minutes of the August 15,
2016 HRA meeting and the September 6, 2016 HRA meeting.
Voice vote was taken on the motion. Ayes – unanimous
Item 03
Mr. Olson indicated the property at 20950 Howland Avenue, next to the Lakeville Area Arts
Center, was acquired from All Saints Church in conjunction with the redevelopment of the
former All Saints Catholic Church into the Arts Center. The HRA entered into a lease purchase
agreement with ISD 194 to provide the necessary financing for the acquisition and renovation
of the former All Saints grade school building. The lease purchase financing required that
the HRA retain ownership of the property for the 15 year duration of financing. The last
payment under the lease purchase agreement, which was financed by the Lease Finance
Group, was made by ISD 194 at the end of 2015.
The Lease Agreement between the HRA and ISD 194 provided an option to ISD 194 to
purchase the property for $1 at the end of the agreement. ISD 194 is requesting to
exercise this option. The City Attorney prepared the Limited Warranty Deed to convey
ownership of the property to ISD 194. A Parking/Access Easement and Maintenance
Agreement between the City and ISD 194 will remain in place for the parking lot
fronting Holyoke Avenue that serves both the Alternative Learning Center and the Arts
Center.
Motion was made by Swecker, seconded by Davis, to approve a Limited Warranty Deed for
conveyance of the Alternative Learning Center property located at 20950 Howland Avenue to
Independent School District 194.
Roll call was taken on the motion. Ayes – Davis, Little, Swecker, Anderson, LaBeau
There being no further business, Chair Anderson adjourned the meeting at 6:53 p.m.
Respectfully submitted,
HRA Meeting Minutes – November 7, 2016 Page 2
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Allyn Kuennen, Assistant City Administrator
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Douglas P. Anderson, Chair