7.2. HRSR 03-24-2003 - Laserfiche WebLink

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• CHAPTER 17 Minn.Stat.§469.012,subd.4. While HRAs have the legal authority to"do whatever is necessary and convenient"to implement redevelopment,they are subject to the ordinances and laws of the city. The city council must approve HRA plans before the Minn.Stat.§469.028. housing and redevelopment authority may begin implementation. 5. Contracting Minn.Stat.§469.015. All HRA construction work and purchases of equipment, supplies or materials that involve expenditure of$35,000 or more if the HRA is located in a city of under 2,500,and$50,000 for all other HRAs located in cities, must be competitively bid.There are limited exceptions for emergencies and certain projects. 6. Financing Minn.Stat.§§469.033 and Operating funds, capital improvements, and debt retirement expenses for 469.034. HRA projects may be financed by any one, or combination of,the following methods: • Federal grants; • Revenue bonds the HRA or local governing body sell; • • General obligation bonds the local governing body sells; • Tax increments from redevelopment projects; • A limited mill levy for redevelopment projects and planning activities; • A limited mill levy for informational and relocation services. 7. Certifications to state The following documents relating to the establishment and activities of local HRAs must go to the commissioner of the DTED: Minn.Stat.§469.003, • Resolution of need; subds.4,6. Minn.Stat.§469.003,subd.7. • Certificates of appointment or reappointment of HRA commissioners; • Project reports; • Applications for federal assistance; • Contracts with federal agencies; • Redevelopment plans; and, • Low rent public housing project and management plans. Minn.Stat.§469.013. In addition, annual financial reports must go to the state auditor. • HANDBOOK FOR MINNESOTA CITIES 17-5