10-24-1985 HR MIN SPECIAL - Laserfiche WebLink

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HRA Minutes October 24 , 1985 Page Two • information to Mr. Johnson, the preliminary feasibility could be completed within three to four weeks. 3 . Review of Downtown Redevelopment The commissioners discussed the Housing: Authority' s role with regard to overall development and redevelopment in the downtown area. The City Administrator discussed the role of the Housing Authority with regard to redevelopment and noted that the Elk River Housing and Redevelopment Authority has been established to plan for, encourage and implement housing and commercial development activities in the City. He noted that the City has already, as authorized by Chapter 462 of the State Statutes, created an HRA and adopted redevelopment and tax increment financing plans. The City Administrator also noted that in order to finance redevelopment activities, the HRA, may, within limits, accept grants, issue bonds, and levy taxes. He also pointed out the Authority may buy, sell, and condemn real property and participate in development projects. In the area of public housing he noted that as a public housing authority, the HRA may develop, own and/or operate housing projects for low and moderate income families. Additionally, he explained that as • a redevelopment authority, the HRA can review and approve downtown redevelopment proposals, assemble and resell land, and work with developers in a number of other ways including seeking specific proposals for redevelopment and responding to redevelopment proposals submitted from developers. The Housing Authority members continued to discuss the role of the HRA and the HRA' s authority in redevelopment including the condemnation of land, the methods of inviting proposals for redevelopment, and other issues including zoning and financing. Vice Chairman Hinkle suggested that the HRA look at conduct- ing a workshop session with the City Atorney and Mr. Zack Johnson to review and discuss in more detail what the Housing Authority' s role and authority is with regard to redevelop- ment issues. In further discussion, the Housing Authority members recommended that representatives from the various downtown groups including the Chamber of Commerce, the Retailers, Banks and the Downtown Development Group, be invited to the meeting. It was decided that the workshop session to be held with the City Attorney and Mr. Zack Johnson be held on November 21, at 7 : 30 p.m. in the public library and that • representatives from the downtown businesses should be invited to the meeting.