Laserfiche WebLink
<br /> <br />Special Meeting of the Elk River <br />Housing and Redevelopment Authority <br /> <br />Held at the Elk River City Hall <br />Monday, August 1, 2022 <br /> <br /> <br />Members Present: Chair Larry Toth, Commissioners Denny Chuba, Nate Ovall, Jayme <br />Swenson, and Jennifer Wagner <br /> <br />Members Absent: None <br /> <br />Staff Present: Economic Development Director Brent O’Neil, Economic Development <br />Specialist Josh Mollan, and Recording Secretary Jennifer Green <br /> <br />1. Call Meeting to Order <br /> <br />Pursuant to due call and notice thereof, the meeting of the Elk River Housing and <br />Redevelopment Authority was called to order at 4:30 p.m. by Chair Toth. <br /> <br />2. HRA 2023 Budget and Budget Goals <br /> <br />Mr. O’Neil presented the staff report with a PowerPoint presentation and began with <br />discussion regarding the upcoming budget approval schedule. Mr. O’Neil stated the budget <br />presented for review was a carryover from previous years’ budgets and asked a few questions <br />regarding how the HRA wished to proceed in 2023 regarding the following topics: <br /> -Resolution on the Main and Gates site. <br /> -Desired opportunities to acquiring properties, how does that fit the HRA, and how <br /> to allocate those funds. <br /> -Budgeting for any special studies or research analysis projects (parking, traffic, etc). <br /> -Pursuing external funds (in addition to ARPA funds). <br /> -Program development, esp. current rehab loan program. ? New? Supplement? <br /> Loans or grants. <br /> <br />Mr. O’Neil then asked the HRA whether it felt there was value in the HRA and EDA <br />coordinating more closely, and perhaps even considering a joint operational structure. More <br />research would be required to determine how feasible this is, including use of levy and <br />budget abilities. After discussion, it was the consensus of the commission that the purpose <br />of each authority was distinct, and it would be better to be maintain the HRA operations <br />separate from the EDA. The commission also expressed a desire to continue this discussion <br />at a future meeting about enhancing greater collaboration and coordination between the two <br />entities. <br /> <br />Commissioner Ovall reviewed item 4.3, the balance sheet report. <br /> <br />Mr. O’Neil then reviewed the performance measures and goals for 2023. The HRA <br />discussed in detail the following: <br />