07-02-2018 HRA MIN SPECIAL - Laserfiche WebLink

Home Browse Search

Special Meeting of the Elk River Housing and Redevelopment Authority Held at the Elk River City Hall Monday, July 2, 2018 Members Present: Chair Larry Toth, Commissioners Denny Chuba, Michelle Eder, and Nate Ovall Members Absent: Commissioner Louise Kuester Staff Present: Economic Development Director Amanda Othoudt, Economic Development Specialist Colleen Eddy and Sr. Administrative Assistant/Recording Secretary Jennifer Green I . Call Meeting to Order Pursuant to due call and notice thereof, the meeting of the Elk River Housing and Redevelopment Authority was called to order at 4:31 p.m. by Chair Toth. 2. 2018 HRA Budget Ms. Othoudt presented the staff report. She explained the personal services budget figures wouldn't be available until after the July 16 City Council meeting where the new comp plan would be reviewed and implemented, but the goal for the budget would be to maintain a balanced budget after receiving those numbers and possibly adjust the property acquisition figure to balance the budget. The HRA reviewed the downtown permanent public fixture policy. It was suggested to remove any dollar amount from the policy and to remove the word "board" from the policy. The consensus of the HRA was to begin with $5,000 in the 2019 budget and to discuss with the Downtown Association that the funds would be used to acquire, install, and maintain permanent public fixtures in the downtown area, and communicating with them what those fixtures would be. The HRA discussed increasing line item 4361 — Insurance to $2400 to cover the two additional properties they recently acquired. Ms. Othoudt reviewed the goals and the EDA/HRA strategic plan. She noted the HRA will need to update the strategic plan sometime by the end of 2019 and discussion followed regarding budget funding for updating this plan either by hiring a consultant or handling it internally by staff. It was the consensus of the HRA to have Ms. Othoudt distribute her strategic plan mark-up to the commissioners to review and discuss what items are shared with the EDA and completed.