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Housing and Redevelopment Minutes Page 3 <br /> April 2,2018 <br /> ----------------------------- <br /> Commissioner Ovall stated he felt this report was overall tame and no areas were requiring <br /> immediate attention. <br /> Ms. Othoudt stated the report really indicated the need for single family and market rate <br /> housing but those needs seem attainable and all areas in need seem manageable. The report <br /> doesn't identify those residential properties that are naturally occurring and affordable and so <br /> the numbers seem a little skewed because of that so that was something to keep in mind. <br /> Chair Toth asked about the comp plan and how this follows. <br /> A& <br /> Ms. Othoudt explained the Mississippi Connections and Comprehensive plans don't identify <br /> certain types of housing,which is why there is a need for a report like this, and both plans <br /> are being implemented together. <br /> 7.2 Rehab Loan Report <br /> Ms. Eddy presented the staff report. <br /> 7.3 Director Update <br /> Ms. Othoudt presented the staff report. <br /> Chair Toth recessed the meeting to go into work session at 6:12 p.m. The meeting was <br /> reconvened at 6:15 p.m. <br /> 8.1 Update on Downtown Redevelopment Meeting <br /> Ms. Othoudt presented the sfa report. She requested feedback from the HRA on the next <br /> steps in considering redevelopment of downtown area as outlined in the staff report,the <br /> steps to take to include securing site control and distributing requests for proposals, and the <br /> financial commitment of the HRA and the city. Ms. Huot was present to assist in facilitating <br /> the discussion. <br /> The HRA discussed the goal of creating a larger tax base in the downtown area and a tool in <br /> doing so would be the possibility of creating a TIF district;part of that would require the <br /> consideration of the two buildings located in the identified area qualifying as sub-standard <br /> buildings. Ms. Othoudt discussed the negotiation process by using option agreements with <br /> the sellers as the best way to minimize risk and cost to the city and HRA. <br /> Ms. Huot explained the process of doing a "windshield" survey of the sub-standard <br /> buildings within the next 2 weeks to a month to determine the next step in this process. <br /> Commissioner Ovall asked questions regarding the redevelopment process and concerns <br /> with parking and the businesses in the downtown area having feedback and input during the <br /> reconstruction time. He stated he isn't at full conclusion at the moment but was interested in <br />