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Housing and Redevelopment Minutes Page 2 <br /> November 2,2015 <br /> Colleen Eddy provided an update on the HRA Rehab loan program. She asked that the <br /> HRA approve the mortgage and repayment agreement for 1205 4th Street NW, attached to <br /> the staff report. Ms. Eddy noted that an advertisement for the loan program is included in <br /> the winter edition of the Elk River Current,as well as advertising through social media. Staff <br /> and CMHP will host an informational meeting before the end of the year. <br /> Motion by Commissioner Chuba and seconded by Commissioner Burandt to <br /> approve the mortgage and repayment agreement for 1205 4th Street NW. Motion <br /> carried 4-0. <br /> 7.2 Golden Shovel Agency <br /> Amanda Othoudt reviewed the Golden Shovel Agency contract to redesign the EDA/HRA <br /> website. She stated that the total cost is $11,400 to be split evenly between the EDA and <br /> HRA ($5,700/year each), and billed monthly ($475). She explained that the cost will <br /> continue at the $11,400/year rate. <br /> Commissioner Chuba asked if the website would"go away"if the contract was cancelled. <br /> Ms. Othoudt stated yes, that they would then need to revert back to the information <br /> provided on the city's main website. <br /> Ms. Othoudt compared the existing HRA information on the city's website to an example of <br /> GROW South Dakota's website designed by Golden Shovel Agency. <br /> Vice Chair Toth asked if the HRA would be given the same amount of exposure as the EDA <br /> on the website. Ms. Othoudt stated yes,it would be equal. <br /> Commissioner Chuba asked if staff will be able to edit the website. Mr. Othoudt stated yes, <br /> after they receive training from Golden Shovel. <br /> Commissioner Burandt asked what kind of notice is needed if they wished to get out of the <br /> contract. Ms. Othoudt stated 30 days'notice is required. <br /> Motion by Commissioner Chuba and seconded by Commissioner Burandt to <br /> approve the contract with Golden Shovel Agency to begin work on the EDA/HRA <br /> website. Motion carried 4-0. <br /> 7.3 Business Subsidy Policy <br /> Ms. Othoudt presented the staff report. She explained that the changes made in the policy <br /> since November 2002 were not formally approved by the HRA. <br /> Motion by Commissioner Chuba and seconded by Commissioner Burandt to <br /> approve the revisions to the Business Subsidy Policy. Motion carried 4-0. <br />