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Housing and Redevelopment Minutes Page 2 <br />April 6, 2015 <br /> <br />----------------------------- <br />7.1 Housing TIF <br /> Jeremy Barnhart reviewed changes to the Housing TIF policy. He noted that the policy will <br />be brought back to the HRA at their next meeting for final revie <br /> Chair Wilson noted the following change to be made on the scori <br />needs to be inserted after ÑwillÒ in the Pay-as-you-go TIF line. Also, the numbering needs <br />to be revised (1 Ï 9, not 1 Ï 11). <br /> Mr. Barnhart noted that the housing TIF is for low to moderate income projects. <br />7.2 Rehabilitation Loan Program Update <br /> <br /> Colleen Eddy provided an update on the HRA Rehabilitation Loan <br />two projects are in process and three are ready for construction, pending HRA approval of <br />the repayment agreements. <br /> <br /> Motion by Commissioner Chuba and seconded by Commissioner Kuester to approve <br />the repayment agreements for three projects, as recommended by staff. Motion <br />carried 5-0. <br /> <br />7.3 Downtown Lighting <br /> Amanda Othoudt presented the staff report. She provided detail <br />which were submitted; one by Rainbow Holiday Design Company of M <br />by Emerald Companies of Waite Park. <br /> Discussion followed regarding maintenance of the lighting, leaving the lights up year-round <br />and the quality of the lighting. <br /> <br /> Wendy Simonson, Downtown Rivers Edge representative, stated tha <br />equipment to put up the lights, but they would be willing to take down the existing lights to <br />save costs. She stated that the business owners would like to s <br />and new lights are needed. <br /> <br /> Ms. Othoudt stated that the estimates she obtained include taking down the lights, but if the <br />lights are to be left up, the cost of removal and storage would <br /> <br /> Commissioner Chuba asked who pays for the cost of the lighting. Chair Wilson stated that <br />he assumed the HRA did. Ms. Othoudt stated that the cost is bud <br />Professional Services line item for 2015. <br /> <br /> Mr. Barnhart suggested the HRA authorize approval up to $4,000 for the lights and staff <br />would work with the two bidders to negotiate an agreement for pu <br />maintenance. Commissioner Chuba suggested that the HRA take up <br />Edge group to remove the existing lights, thereby reducing the cost. Ms. Simonson stated <br />that she would present the idea to the group at their meeting on <br />