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Housing and Redevelopment Minutes <br />June 1, 2020 <br />Page 4 <br />to choose the company to allow gathering additional information and return to the HRA <br />with a full and complete contract. <br />Commissioner Swenson asked for clarification on her request. <br />Ms. Othoudt requested the HRA to authorize the executive director to negotiate the <br />contract with one of these three companies and bring it back to the HRA at a special <br />meeting for execution of said contract. <br />Commissioner Swenson stated that sounded good and asked if the city has any history with <br />any of these three companies. <br />Ms. Othoudt was not aware of the HRA working with any of these companies. <br />Commissioner Ovall stated the city has worked with Steinbrecher on the Lion John Weight <br />Park stormwater pond dredging project but could not vouch for the others. <br />Motion by Commissioner Swenson and seconded by Commissioner Chuba to <br />authorize negotiation of a final contract in an amount not to exceed $140,000 and <br />bring the executable contract and bring the contract back to the HRA commission at <br />a special meeting for execution. <br />Motion carried 5-0. <br />7.4 Subordination Request for 602 Gates Avenue NW <br />Ms. Othoudt presented the staff report. <br />Commissioner Swenson stated she will abstain from voting because this is her personal <br />request. <br />Motion by Commissioner Eder and seconded by Commissioner Ovall to approve the <br />Subordination Agreement between Northport Funding, LLC, and the Housing and <br />Redevelopment Authority for 602 Gates Avenue NW as outlined in the staff report. <br />Motion carried 4-0 with Commissioner Swenson abstaining. <br />8.1 Blighted Properties Loan Program <br />Ms. Othoudt presented the staff report and reviewed the changes made by the attorney <br />based upon discussion from last month's meeting, asking for the commission to verify the <br />changes made to date and do they meet the intent of the program and the policy itself. She <br />requested specifically the change to qualifying projects and upon completion of the project, <br />the structures on the properties will be owner -occupied, following design standards of the <br />neighboring homes, and be at least 1600 sq. ft. with a 1.5 bath and 2 -car garage. She asked if <br />these modifications meet the HRA's intent to the policy. <br />