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Housing and Redevelopment Minutes Page 2 <br />April 3, 2017 <br />----------------------------- <br /> Motion carried 5-0. <br />5. Open Forum <br /> No one was present for open forum. <br />6. Public Hearings <br />There were no public hearings. <br />7.1 Rehabilitation Loan Program Update <br /> Ms. Othoudt provided an update on the Rehabilitation Loan Program as outlined in her staff <br />report. <br /> Commissioner Ovall asked if staff has any recommendation for refunding the program, since <br />the balance is getting down to approximately $75,000. Ms. Othoudt stated that refunding <br />the program will be reviewed in the budget discussions in June. <br /> <br /> Moved by Commissioner Ovall and seconded by Commissioner Eder to approve the <br />mortgage and repayment agreements for the Hanson and Sandhoefer. Motion <br />carried 5-0. <br /> <br />7.2 Marketing Report <br /> <br /> <br />Ms. Othoudt reviewed her memo to the HRA. <br /> <br /> Chair Toth asked if the Star News could do a follow-up article. Ms. Othoudt stated that she <br />felt they would have enough coverage with the mailings and quart <br />planning to do. <br /> <br />8. Announcements <br /> <br /> <br /> <br />There were no announcements. <br /> <br /> The HRA recessed at 5:42 p.m. and reconvened in work session at 5:44 p.m. <br /> <br />9.1 Main Street Property Redevelopment Plan <br /> <br />The HRA discussed Options A, B and C for a potential redevelopme <br />rd <br />directed staff to find out the valuations of the two single fami Street. <br /> <br />The consensus of the HRA was to proceed with Option A discussions at this time, with the <br />potential to expand to Option A at some point in the future. <br /> <br /> <br /> <br /> <br />