HomeMy WebLinkAbout05-17-93CITY OF LAKEVILLE
HOUSING AND REDEVELOPMENT AUTHORITY MEETING
MAY 17, 1993
The meeting was called to order at 6:45 p.m. by Chair Ruhmann. Roll call was
taken. Present: Commissioners Ruhmann, Zaun, Sindt, Mulvihill, Harvey.
Also present: R. Knutson, City Attorney; B. Erickson, Executive Director; M.
Sobota Community & Economic Development Director; D. Feller, Finance
Director; C. Friedges, City Clerk.
MINUTES
The minutes of the April 19, 1993, H.R.A. meeting were approved as presented.
ITEM 3
Mr. Sobota explained that the City Council will be holding a public hearing
to consider Modification No. 4 to the Southfork TIF District. The
modification would allow excess increment from the Southfork project to be
used for the financing of two projects:
1) Public acquisition and infrastructure costs for an 18 to 21 unit
addition to the Winsor Plaza senior housing project in downtown
Lakeville.
2) Property acquisition and relocation costs associated with the Meadows
North area. The City would acquire the Testa property on Jacquard
Avenue and Icalee Path, assist with relocation of the owner and tenants,
and deed the property to ISD 194 for construction of an elementary
school.
Mr. Sobota stated staff recommends the H.R.A. approve the resolution adopting
Modification No. 4 to the Southfork I Housing Development Project Plan.
93.4 Motion was made by Harvey, seconded by Mulvihill to approve Resolution No.
93 -01 adopting Modification No. 4 to Southfork I Housing Development Project
Plan, Interest Rate Reduction Program and Housing Tax Increment District No.
8 Financing Plan, and adopting the modified plans and program.
Roll call was taken on the motion. Ayes, Ruhmann, Zaun, Sindt, Mulvihill,
Harvey.
There being no further business, Chair Ruhmann adjourned the meeting at 7:50
p.m.
Respectfully submitted,
D ane Zaun, Sec to