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7.4. HRSR 03-05-2018
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7.4. HRSR 03-05-2018
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HRSR
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3/5/2018
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<br />Request for Action <br /> <br /> <br />To Item Number <br />Housing and Redevelopment Authority 7.4 <br />Agenda Section Meeting Date Prepared by <br />General March 5, 2018 Amanda Othoudt, EDD <br />Item Description Reviewed by <br />Directors Update Cal Portner, City Administrator <br />Reviewed by <br /> <br /> <br />Action Requested <br />Information presented for discussion only in effort to keep the HRA updated on department activity. <br /> <br />Background/Discussion <br />Jackson Hills Update <br />Following the HRA meeting on February 5, 2018, staff presented the Elk River Lodge and the Jackson <br />Hills Residential Suites Housing TIF applications to the Council during a work session. The Council <br />consensus was to not pool increment from the Jackson Hills project for the Elk River Lodge project <br />already approved and commenced. On February 20, the Council approved the resolution of denial for the <br />ER Lodge project and approved the public hearing request for the Jackson Hills project. The public <br />hearing for Jackson Hills is scheduled for Monday, April 16, 2018, at 6 p.m. <br /> <br />Main and Gates <br />326 Gates is winterized with gas and water shut off to the building. Staff continues to negotiate with the <br />owners of the two properties along Main Street. <br /> <br />Housing Study <br />The draft Housing Study is complete. Staff is reviewing the study and has asked Brian from Maxfield <br />present the information at the regular HRA meeting in April. <br /> <br />Downtown Redevelopment Project <br />An informational meeting for developers is scheduled for March 23, 2018, from Noon to 1:30 p.m. A <br />light lunch will be served for those who RSVP to the event. The HRA is welcome to attend. The meeting <br />will be posted in the event there is a quorum. <br /> <br />TIF Policy <br />Staff is working on potential policy revisions which will be reviewed at the April HRA meeting. <br /> <br />Financial Impact <br />N/A <br /> <br />Attachments <br />None <br /> <br />The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional <br />service, and community engagement that encourages and inspires prosperity <br />
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