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Housing and Redevelopment Minutes Page 3 <br /> February 3,2014 <br /> Commissioner Motin questioned why the change to increase the salary to $35,000 on <br /> • page 4,III. Policies for the Use of TIF is being recommended. Ms. Huot stated that <br /> the goal is to be consistent with other financing policies, such as tax abatement and <br /> business subsidy policies. Discussion followed regarding whether or not it was <br /> appropriate for this item to be consistent with other policies. <br /> Commissioner Kuester asked for clarification on page 5,IV. Project Qualifications, <br /> items (e) and (f). Discussion by the Commission followed. Mr. Barnhart explained <br /> that (e) is meant to require that a project conform to the general guidelines of the <br /> Comprehensive Plan,and that (f) references a project meeting a specific objective of <br /> the Comprehensive Plan, such as affordable housing in an area cited for this type of <br /> development in the plan. <br /> Ms. Huot explained that following review of the draft plan by the HRA, EDA and <br /> City Council, a project could be brought back to the HRA under the new guidelines. <br /> Discussion followed regarding"affordable housing"language. <br /> Roger Derrick, Senior 30,LLC developer, stated he felt the items under (f) related to <br /> industrial and commercial projects, and that another"bullet" should be added under <br /> (f) to specifically address housing. <br /> Commissioner Motin stated that TIF requires affordable housing. Ms. Huot stated <br /> • that only when creating new housing,not housing rehab. Commissioner Motin noted <br /> some typographic and"cosmetic" errors. <br /> Motion by Commissioner Kuester and seconded by Commissioner Motin to <br /> recommend approval of the final draft of the Tax Increment Financing Policy <br /> and Application <br /> 8.1 Set Date of Workshop <br /> Motion by Commissioner Toth and seconded by Commissioner Chuba to call <br /> a special workshop meeting following the regular HRA meeting March 3, <br /> 2014. Motion carried 5-0. <br /> 9. Adjournment <br /> There being no further business, Chair Wilson adjourned the meeting of the Elk <br /> River Housing and Redevelopment Authority at 6:33 p.m. <br /> Minutes prepared by Debbie Huebner. <br /> 7'/Wr ta <br /> Stewart Wilson;Chair <br /> Housing&Redevelopment Authority <br /> PRwERER R1 <br /> NATURE <br />