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_ Downtown Revitalization Project <br /> Planning and Project History <br /> Page 7 of 9 <br /> 0 <br /> HRA approves city staff and MetroPlains to submit a Multifamily and Housing Tax <br /> Credit application to the MN Housing Finance Agency. HRA recommends that the <br /> City Council provide support of the MHFA application and favorable consideration <br /> to a Letter of Understanding to transfer the city-owned Jackson Block property. <br /> July City Council approves the adoption of resolution 03-42 of support of a proposal by <br /> MetroPlains Development, LLC to construct housing rental units in the City of Elk <br /> River. <br /> City Council approves the-Letter of Understanding between the City of Elk River <br /> and MetroPlains Development,LLC for the future sale of the city-owned Jackson <br /> Block Property. <br /> Members of the public, downtown business/property owners present issues and <br /> concerns to the HRA and City Council. HRA and Council direct staff to research <br /> and provide response to a list of issues including, but not limited to: parking, <br /> residential tenants, and Jackson Square property. <br /> August HRA and Council consider city staffs research to issues and questions raised by the <br /> public with regard to the MetroPlains redevelopment concepts. <br /> 5th edition of Downtown Revitalization Q &A Newsletter distributed via Elk River <br /> Star News insert. <br /> September HRA approves recommendation to City Council to authorize staff to proceed in <br /> submitting a Small Cities Development Program Grant Application to the MN <br /> Department of Employment&Economic Development for the purpose of <br /> obtaining grant funds for a commercial and residential rental rehabilitation, and new <br /> residential rental construction in the Downtown Revitalization Project Area. <br /> October City Council considers HRA recommendation regarding the Small Cities <br /> Development Program application and calls for a public hearing on October 27, <br /> 2003 at 6:30pm at the Elk River High School Little Theater. <br /> MetroPlains is awarded its tax credit application from MN Housing Finance Agency. <br /> HRA extends Preliminary Redevelopment Agreement with MetroPlains up to <br /> January 30, 2004 to provide sufficient time to work together toward a Development <br /> Agreement. City Council holds public hearing on the Small Cities Development <br /> Program Grant Application and approves two resolutions regarding the grant <br /> application. <br /> November Staff provides project update of development agreement issues,Jackson Square title <br /> issues, and research of parking options. The HRA directed the development team to meet with business owners downtown to gather input on critical parking issues. The <br /> illfeedback will be used by staff as part of the parking options to be presented to the <br /> HRA at an upcoming meeting. <br />