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4111 MEETING OF THE ELK RIVER HOUSING AND REDEVELOPMENT AUTHORITY <br /> HELD AT THE ELK RIVER CITY HALL <br /> THURSDAY, AUGUST 12, 1993 <br /> Members Present: Chair Hinkle, Commissioners Schuldt, Toth, and Duitsman <br /> Members Absent: Commissioner Kropuenske <br /> Staff Present: Patrick Klaers, Executive Director; Bill Rubin, <br /> Economic Development Coordinator; Phil Hals, Street/Park <br /> Superintendent <br /> 1. Call Meeting To Order <br /> Pursuant to due call and notice thereof, the meeting of the Elk River <br /> Housing and Redevelopment Authority was called to order at 7:00 p.m. by <br /> Chair Hinkle. <br /> 2. Consider 8/12/93 HRA Agenda <br /> COMMISSIONER DUITSMAN MOVED TO APPROVE THE 8/12/93 HRA AGENDA WITH THE <br /> FOLLOWING ADDITIONS: <br /> 7.1. COMMISSIONER DUITSMAN "OTHER BUSINESS I" <br /> 7.2. COMMISSIONER DUITSMAN "OTHER BUSINESS II" <br /> COMMISSIONER TOTH SECONDED THE MOTION. THE MOTION CARRIED 4-0. <br /> 3. Consider 1/12/93 HRA Minutes <br /> COMMISSIONER DUITSMAN MOVED TO APPROVE THE 1/12/93 HRA MINUTES AS <br /> PRESENTED. COMMISSIONER SCHULDT SECONDED THE MOTION. THE MOTION <br /> CARRIED 4-0. <br /> 4. Open Mike <br /> No one appeared for this item. <br /> 5. 1994 HRA Budget and Levy <br /> Bill Rubin indicated that based on a maximum levy, it is estimated that <br /> the HRA will have revenues of approximately $55,200 in 1994. The <br /> revenues, combined with the HRA's expected fund balance at the end of <br /> 1993, will result in the availability of approximately $166,300 for <br /> projects in 1994. <br /> The proposed 1994 budget was outlined as follows: <br /> 1994 DEVELOPMENT ACTIVITIES: <br /> Main Street, CBD Projects, Etc. $ 25,000 <br /> Evans/Main Street Parking Lot Improvement $ 12,000 <br /> Reserve for Future Projects $128,800 <br />