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HomeMy WebLinkAbout03-26-90LAKEVILLE HOUSING AND REDEVELOPMENT AUTHORITY MEETING MARCH 26, 1990 The meeting was called to order by Chairperson Sindt at 6:35 p.m. Roll call was taken. Present: Commissioners Nelson, Zaun, Sindt, Enright, Harvey. Also present: B. Erickson, Executive Director; R. Knutson, City Attorney; D. Feller, Finance Director; W. Hartman, TIF Consultant; C. Friedges, City Clerk. ITEM #3 Chairperson Sindt opened nominations for the office of Chairperson. Commissioner Enright nominated Commissioner Nelson for the office of Chairperson, Harvey seconded. There were no other nominations. 90.05 Motion was made by Harvey, seconded by Zaun to close nominations. Ayes, unanimous by voice vote. 90.06 Motion was made by Zaun, seconded by Harvey to elect Commissioner Nelson as Chairman of the H.R.A. Roll call was taken on the motion. Ayes, Zaun, Sindt, Enright, Harvey. Nelson abstained. Commissioner Sindt opened nominations for the office of Vice Chair. Commissioner Harvey nominated Commissioner Sindt for the office of Vice Chair, Nelson seconded. There were no other nominations. 90.07 Motion was made by Zaun, seconded by Nelson to close nominations. Ayes, unanimous by voice vote. 90.08 Motion was made by Zaun, seconded by Harvey to elect Commissioner Sindt as Vice Chair of the H.R.A. Roll call was taken on the motion. Ayes, Zaun, Sindt, Enright, Harvey, Nelson. Commissioner Sindt opened nominations for the office of Secretary. Commissioner Zaun nominated Commissioner Enright for the office of Secretary, Harvey seconded. There were no other nominations. 90.09 Motion was made by Zaun, seconded by Nelson to close nominations. Ayes, unanimous by voice vote. 90.10 Motion was made by Harvey, seconded by Zaun to elect Commissioner Enright as Secretary of the H.R.A. LAKEVILLE HOUSING AND REDEVELOPMENT AUTHORITY MEETING MARCH 26, 1990 Roll call was taken on the motion. Ayes, Sindt, Enright, Harvey, Nelson, Zaun. ITEK #4 -5 90.11 Motion was made by Sindt, seconded by Harvey to approve the H.R.A. minutes of March 20, 1989 and May 1, 1989. Roll call was taken on the motion. Ayes, Enright, Harvey, Nelson, Zaun, Sindt ITEM #6 Commissioner Harvey pointed out an error in the March 5th H.R.A. minutes, and suggested the words "is being" be replaced with the words "could be" in the fifth paragraph on page one. Commissioners and staff agreed with the suggested wording. 90.12 Motion was made by Harvey, seconded by Zaun to approve the March 5, 1990, H.R.A. minutes as corrected to read in Paragraph 5 on Page 1, "The excess increment from the Toro Tax Increment District in the Airlake Project area could be combined with the excess increment..." Roll call was taken on the motion. Ayes, Harvey, Nelson, Zaun, Sindt, Enright. ITEIK #7 Mr. Erickson informed the H.R.A. that Dennis Feller and Walt Hartman are available to answer any questions relating to the proposed resolution adopting a modification to the Downtown and Airlake Redevelopment Projects and Modification of Tax Increment Financing Districts located within the Redevelopment Projects and the proposed approval and adoption of Modified Redevelopment Plans and Tax Increment Financing Plans relating thereto. Commissioner Sindt asked if the plans have changed since the H.R.A. meeting of March 5th, and Mr. Erickson stated there have been no changes to date, and added that the plans were reviewed by the Planning Commission and found to be consistent with the City's comprehensive plan. Walt Hartman indicated that the only changes in the plans were by the City's bond counsel, Dorsey & Whitney, who clarified that budgets are being combined, while tax increment boundaries are not. He stated that the following language was added to the modified plans, "The respective project areas are not themselves being combined - rather each project area will contribute to the overall cost of the improvements from their respective tax increments since the improvements to be undertaken are partially located in each project area ". al LAKEVILLE HOUSING AND REDEVELOPMENT AUTHORITY MEETING MARCH 26, 1990 Commissioner Zaun asked Mr. Feller if he had received comments from the public as a result of articles in the newspapers. Mr. Feller stated that he had received a call from the Superintendent of School District No. 192, Dr. Leo Ruberto, and he reviewed with Mr. Ruberto the TIF budget modifications, the history of the district and the mechanics of the plan amendments. Commissioner Nelson asked Mr. Feller to clarify assessment rates /resource money. Mr. Feller explained that there are three major sources of revenue from the proposed plans; 1) the excess increment off of the Despatch Industries Project, 2) the excess increment off of the Toro Project, and 3) other revenues, which could include such sources as special assessments or tax levy. He went on to explain that final figures will not be made available until a feasibility report is prepared on the downtown storm sewer project. 90.13 Motion was made by Sindt, seconded by Harvey to approve Resolution No. 90 -02 adopting a modification to the Downtown and Airlake Redevelopment Projects and Modification of Tax Increment Financing Districts located within the Redevelopment Project and the Proposed Approval and Adoption of Modified Redevelopment Redevelopment Plans and Tax Increment Financing Plans Relating Thereto. Roll call was taken on the motion. Ayes, Zaun, Sindt, Enright, Harvey, Nelson. ITEK #8 Commissioners discussed making an amendment to Article 3, Section 1 of the Bylaws to allow some flexibility in the annual meeting date. Commissioner Sindt suggested the annual meeting be held within two weeks of the second Monday in April. Commissioners agreed that the meeting time should be omitted from the bylaws to allow flexibility. 90.14 Motion was made by Harvey, seconded by Sindt to amend Article 3, Section 1 of the Bylaws to read, "The annual meeting of the Authority shall be held within two weeks of the second Monday of April at the regular meeting place of the Authority." Roll call was taken on the motion. Ayes, Sindt, Enright, Harvey, Nelson, Zaun. Commissioner Harvey pointed out that the City Council needs to formally reappoint him to another five year term on the H.R.A. LAKEVILLE HOUSING AND REDEVELOPMENT AUTHORITY MEETING MARCH 26, 1990 Commissioner Nelson suggested, consistent with the Bylaws, that monthly meetings of the H.R.A. be held to keep commissioners up to date on development matters. Mr. Erickson suggested City Council agendas and minutes be sent to Commissioners Nelson and Enright on a regular basis, along with occasional memorandums on items that might require H.R.A. action. Commissioner Sindt suggested the City Attorney review the H.R.A. Bylaws (dated March 24, 1980) and forward a revision to the H.R.A. for their review at a future meeting. The Commission tentatively set a meeting for April 23rd. 90.15 Motion was made by Harvey, seconded by Sindt to adjourn the H.R.A. meeting. Ayes, unanimous by voice vote. Time: 7:13 p.m. Respectfully submitted, ndt, vice Chair Ay k - • rt A. Erickson, Executive Director /cf