07-11-1994 EDA MIN - Laserfiche WebLink

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EDA Minutes July 7, 1994 Page 6 Gates Avenue and East Main Street, noting the traffic problems there with School Street shut down. He also mentioned Railroad Drive as a problem area. Commissioner Duitsman stated that there should be funds available in the future due to development that is taking place right now. Commissioner Holmgren indicated that a resident has expressed concern that some of the new buildings on East Main Street were built too close to the street, and there may not be enough right of way to widen the street in the future. Bill Rubin stated that those projects were implemented under current zoning and setback standards. 10. Discuss Minnesota Housinq Finance Aoency's Rental Rehab Proqram (Commissioner Holmgren left the meeting at this time - 8:20 p.m.) Bill Rubin stated that he has received information that the new owners of the Lake Orono Estates are interested in rehabing the apartments. He explained the Minnesota Housing Finance Agency (MHFA) as a potential source of financing to cover 75 percent of the costs. Bill noted that there are rent and income restrictions which ensure that the project benefits low and moderate income wage earners. It was the consensus of the EDA to table discussion on this issue until the new owners of Lake Orono Estates contact the City directly, and more information on the MHFA program is received. The City Attorney noted that this property has received some assistance in the past, in the form of an extension for payment of connection charges over a period of years. 11. Conflict of Interest Issue Bill Rubin noted that at the June 20, 1994 City Council meeting, the Council took action to amend the of the Conflict of Interest Ordinance by deleting the section that prohibits board members or commissioners from acting on behalf of another individual in a matter before City Council, Planning Commissioner, Park Board, etc. However, there was no action on the issue of individuals serving on boards and commissions who had direct business dealings with the City of Elk River. Peter Beck explained that the Council directed him to prepare an amendment to the Ordinance to make it consistent with State law. There being no further business, COMMISSIONER DIETZ MOVED TO ADJOURN THE MEETING. COMMISSIONER DUITSMAN SECONDED THE MOTION. THE MOTION CARRIED 5-0.