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s <br /> ir <br /> MINUTES OF A SPECIAL MEETING OF THE <br /> HOUSING AND REDEVELOPMENT AUTHORITY OF ELK RIVER <br /> HELD AT THE ELK RIVER CITY HALL <br /> MAY 12 , 1981 <br /> Members present : Commissioners Schumacher , Toth , Busch and Duitsman <br /> Also present : Bob Middaugh, City Administrator <br /> Meeting Called to Order <br /> The meeting was called to order by Chairman Schumacher at <br /> 7 :38 p .m. <br /> Minutes <br /> The Minutes of the April 7 , 1981 meeting were approved as <br /> circulated . <br /> St. Cloud Seminar <br /> A seminar regarding HRA activities scheduled for May 29-30 <br /> at St. Cloud was discussed . Zack Johnson commented that the <br /> meeting was just basics and might be a waste of time . No one from <br /> Elk River will attend . <br /> Legislative Update <br /> Chairman Schumacher reviewed Senate File #635 which recently <br /> passed the Senate Tax Committee. This bill sevee1y limits tax <br /> increment financing. Bob Middaugh will have an update at the next <br /> meeting. <br /> Mel Boyd ' s Proposed New City Offices <br /> Mr. Boyd ' s proposal was discussed with regard to the <br /> possibility of tax increment financing . No conclusions were <br /> reached . <br /> HRA Additional Funding <br /> Chairman Schumacher reported on additional funding requested <br /> from the City Council . At its 4/20/81 meeting the Council <br /> granted the HRA an additional $10 ,000 . These funds can be <br /> financed through a tax anticipation certificate or borrowed from <br /> other funds . The Council cautioned the HRA that in spending <br /> these funds for additional planning that work which has already <br /> been done should not be duplicated . <br />