03-03-2008 HRA MIN - Laserfiche WebLink

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Housing & Redevelopment Authority March 3, 2008 Page 2 obligations and its useful life toward ftnancially supporting other TIF Districts has reached its term, it is necessary to decertify the TIF District at this time. Ms. Mehelich indicated that as a result of the decertification, all local property taxes generated by the property (an estimated $8,000) will be distributed to the school, County, and City in the same manner as all other property taxes. MOVED BY COMMISSIONER TOTH AND SECONDED BY COMMISSIONER KUESTER TO ADOPT RESOLUTION 08-01 APPROVING THE DECERTIFICATION OF TAX INCREMENT FINANCING DISTRICT NO. 10 WITHIN DEVELOPMENT DISTRICT N0.1 IN THE CITY OF ELB RIVER. MOTION CARRIED 4-0. 6. Council Planning Workshop Update Councilmember Motin indicated that future HRA projects were briefly discussed at the Council planning workshop. He stated that the Council concurred that they are not interested in actively pursuing more affordable housing at this time as they believe there is a good mix of housing rates in Elk River. He stated that the Council would like to see an emphasis put on rehabilitation of existing homes. Commissioner Kuester questioned what basis the Council used to determine there is sufficient affordable housing. Councilmember Motin explained the Council did not have statistics in dete+-~+~+ng the amount of affordable housing. He stated that during their discussion, it was brought up that many of the townhomes in Elk River meet the affordable housing criteria. He noted that many of the homes in need of rehabilitation would also fall under the affordable housing criteria. Chair Wilson questioned what resources are available to assist in rehabilitation. Ms. Mehelich stated that in the past a variety of rehabilitation programs have been available but that staff could research specific programs. Chair Wilson questioned if the HRA could purchase property in need of rehabilitation as it came up for sale. Ms. Mehelich stated that normally the HRA would not be in the business of rehabilitating homes but rather providing assistance to property owners to do so. Commissioner Toth stated that he was hoping the HRA and Council could meet jointly to discuss future work projects. Councilmember Nlotin indicated that the Council is planning on meeting jointly with the HRA in a worksession setting. Ms. Johnson indicated that the Council worksessions for the next couple months are busy but that the Council may be able to meet jointly with the HRA prior to the April 7 Council meeting. She stated that a presentation on the Highway 10 Geometric Study will be made to the Council on April 14 during their worksession and the HRA may wish to sit in. The HRA concurred they would like to call a special meeting for Monday, April 14 for the purpose of participating with the Council in the study discussion. Other Business Ms. Mehelich stated the Arts Alliance has an open house scheduled for their new location on March 8, 2008, from 5 - 7 p.m. Commissioner Toth requested an update on the economic development positions. NIs. Mehelich stated that the application period for both ends March 7 and the applications will be reviewed once that period has ended. She stated that she would like to have someone in the assistant position by April/May.