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Housing and Redevelopment Authority Minutes <br /> February 3, 1997 <br /> Pate 2 <br /> • COMMISSIONER HINKLE MOVED TO APPOINT THE FOLLOWING OFFICERS FOR <br /> 1996: <br /> • GENE SCHULDT CHAIR <br /> • DUANE KROPUENSKE VICE CHAIR <br /> • LARRY FARBER SECRETARY <br /> COMMISSIONER WILSON SECONDED THE MOTION. THE MOTION CARRIED 4-0. <br /> 5.b. Designate Official Newspaper <br /> COMMISSIONER WILSON MOVED TO DESIGNATE THE ELK RIVER STAR NEWS AS THE <br /> OFFICIAL NEWSPAPER FOR THE 1997 CALENDAR YEAR. COMMISSIONER <br /> KROPUENSKE SECONDED THE MOTION. THE MOTION CARRIED 4-0. <br /> 5.c. Designate Official Depositories <br /> COMMISSIONER HINKLE MOVED TO DESIGNATE THE FOLLOWING <br /> BANKS/INSTITUTIONS AS THE OFFICIAL HRA DEPOSITORIES FOR 1997: <br /> • BANK OF ELK RIVER <br /> • FIRST NATIONAL BANK OF ELK RIVER <br /> • 4M FUND <br /> • NORWEST BANK <br /> • • FIRSTBANKS, N.A. <br /> • MARQUETTE BANK <br /> COMMISSIONER WILSON SECONDED THE MOTION. THE MOTION CARRIED 4-0. <br /> Commissioner Farber arrived at this time (5:05 p.m.) <br /> 6. Approve Minnesota City Participation Application <br /> Executive Director Paul Steinman noted that the HRA participated in the <br /> Minnesota City Participation Program (MCPP) in 1996, and received an allocation <br /> of$280,246. He stated that applications for the 1997 program are available and <br /> are being accepted until February 18, 1997. Executive Director Steinman <br /> recommended that the HRA authorize participation in the program for 1997. <br /> COMMISSIONER KROPUENSKE MOVED TO PARTICIPATE IN THE MINNESOTA CITY <br /> PARTICIPATION PROGRAM AND TO DESIGNATE THE FOLLOWING LENDERS AS <br /> ELIGIBLE TO PARTICIPATE IN ITS 1997 MORTGAGE PROGRAM: <br /> • FIRST NATIONAL MORTGAGE <br /> • NORWEST MORTGAGE, INC. <br /> • FIRSTBANK, N.A. <br /> • HEIGL MORTGAGE <br /> • TCF MORTGAGE <br /> • BANK OF ELK RIVER <br /> • COMMISSIONER FARBER SECONDED THE MOTION. THE MOTION CARRIED 5-0. <br />