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• 6. Approve 2014 HRA Budget&Resolution Establishing the HRA Tax Levy for Collection in Year <br /> 2014 <br /> Mr.Beeman stated that the Housing and Redevelopment Authority is asked to approve the 2014 <br /> HRA budget and resolution establishing the HRA tax levy for collection in 2014. <br /> Commissioner Toth asked why there was a significant increase in the Postage and the <br /> Advertising/Marketing line items. Mr.Wilfahrt explained that the increased costs are due to printing <br /> and mailing of housing program information/brochures. <br /> MOTION BY COMMISSIONER MOTIN AND SECONDED BY COMMISSIONER <br /> TOTH TO APPROVE THE 2014 HRA BUDGET. MOTION CARRIED 5-0. <br /> MOTION BY COMMISSIONER TOTH AND SECONDED BY COMMISSIONER <br /> MOTIN TO APPROVE RESOLUTION 13-02,ESTABLISHING THE HRA TAX LEVY <br /> FOR COLLECTION IN YEAR 2014. MOTION CARRIED 5-0. <br /> 7. Other Business <br /> Mr.Wilfahrt stated that staff has received a Tax Increment Financing application for Blackhawk <br /> Woods,a senior housing project. Mr.Wilfahrt explained that the request is for a$1.5 million project <br /> consists of 84 senior housing units. Staff is working with the city's financial consultant and expects <br /> the project to come before the HRA in October. Commissioner Motin asked if the units will be <br /> rental or for sale. Mr.Wilfahrt stated the units will be rental. He noted that the applicants will be <br /> seeking tax credits as well. <br /> Chair Wilson noted that Clay Wilfahrt will be leaving the City of Elk River to accept a position as <br /> City Administrator with the City of Winsted. He thanked Clay for his work with the HRA and EDA. <br /> 8. Adjournment <br /> There being no other business,Chair Wilson adjourned the meeting. <br /> Th- eet. • if s- Elk River Housing and Redevelopment Authority adjourned at 6:12 p.m. <br /> V <br /> Tina Allard <br /> City Clerk <br /> "Oka <br /> Stewart Wilco r <br /> Chair,Housing and Redevelopment Authority <br /> • <br />