Laserfiche WebLink
Special Workshop Meeting of the Elk River <br />Housing and Redevelopment Authority <br />Held at the Elk River City Hall <br />Tuesday, July 5, 2016 <br />Members Present: Chair Toth, Commissioners Burandt, Eder, and K <br />Members Absent: Commissioner Chuba <br />Staff Present: Economic Development Director Amanda Othoudt, Eco <br />Development Specialist Colleen Eddy, and Recording Secretary/Sr. <br />Administrative Assistant Jennifer Johnson <br />1.Call Meeting to Order <br />Pursuant to due call and notice thereof, the meeting of the Elk River Housing and <br />Redevelopment Authority special meeting was called to order at 4:37 p.m. by Chair Toth. <br />2.2017 HRA Budget <br />Ms. Othoudt presented the staff report. She indicated the purpos <br />discuss the budget and action will be taken at the August 1, 2016, HRA meeting. She noted <br />that proposed expenditures for 2017 are $253,150. Ms. Othoudt presented three options for <br />the 2017 levy including using the same rate of 2016 of 0.01512%, using a maximum rate of <br />0.01850%, or the balanced rate, which will be calculated once the Estimated Market Value is <br />obtained from Sherburne County. <br />Ms. Othoudt outlined the division performance measures and goals <br />elements of the 2016-2020 EDA/HRA Strategic Plan. <br />Discussion followed regarding the following topics: blighted properties and the housing <br />rehab loan program; social media and direct mailing impacts; pro <br />housing stock; a possible collaboration with building inspectors to create a point-of-sale <br />program ensuring a safe property when sold; redevelopment of existing properties on <br />Highway 10; enhancing redevelopment opportunities for commercial/industrial properties <br />by staff connection to business owners. <br />Ms. Othoudt then reviewed the 2017 HRA budget worksheet detail. <br />questions regarding the downtown lighting maintenance and care. <br />Discussion followed regarding the options provided by staff for <br />It was the consensus of the HRA for staff to prepare the 2017 budget for approval at the <br />August 1, 2016, meeting using the previous and balanced rate of 0.01466% to allow for <br />reducing the reserves and allow for funding new revolving loan p <br />