HRA 01/02/2014
January 2, 2014
HRA Meeting
Regular Meeting Agenda
7:00 p.m.
Call to order
Roll call
Action Items
1. Approval of Expenditures
2. Approval of December 5, 2013, Meeting Minutes (will e-mail to you at a later
date).
3. Approval of Resolution Designating Official Depositories
4. Approval of Resolution Designating Official Newspaper
5. Approval of 2014 Mowing Contract Extension
6. Public Hearing - Sale of Lot at 5725 3rd Street
Informational Items
1. Gateway Northeast Update
2. 2013 Year in Review
3. Housing Loan Program Update
Adjournment
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CITY OF FRIDLEY
HOUSING AND REDEVELOPMENT AUTHORITY COMMISSION
December 5, 2013
CALL TO ORDER:
Chairperson Commers
called the HRA Meeting to order at 7:00 p.m.
ROLL CALL:
MEMBERS PRESENT:
William Holm
Pat Gabel
Larry Commers
Stephen Eggert
Gordon Backlund
OTHERS PRESENT:
Paul Bolin, HRA Assistant Executive Director
Scott Hickok, Community Development Director
Wally Wysopal, City Manager
Jim Casserly, Development Consultant
Darin Nelson, Finance Director/Treasurer
ACTION ITEMS:
1.Approval of Expenditures
MOTION
by Commissioner Holm to approve the expenditures. Seconded by Commissioner
Gabel.
Commissioner Holm
asked about the excess increment to Anoka County and what TIF
districts it included.
Darin Nelson,
Finance Director, replied that was TIF districts that were decertified a couple
years ago, District 7 and there were outstanding tax petitions.
Commissioner Holm
asked what the removal of asbestos, abatement and survey was for.
Paul Bolin,
HRA Assistant Executive Director, replied it was for the demo of the vet clinic
and home on Lafayette Street.
Commissioner Holm
asked about the 11/27 payment for $840 if that was for the taxes for
the home that was recently purchased.
Mr. Bolin
replied yes.
Commissioner Gabel
asked what TIF District 7 was.
HRA Meeting of December 5, 2013 2
Mr. Nelson
replied Winfield.
Commissioner Gabel
asked about the charges for web development.
Mr. Bolin
said that is for marketing the Home and Garden show so there is a bigger presence
on the web for this event. Staff wanted the site more visible and easily accessible for vendors
to sign up and make payments online.
Commissioner Gabel
asked if the website is up and running now.
Mr. Bolin
replied yes; www.northmetrohomeandgarden.com.
Commissioner Backlund
asked if there was a link to the web so if people google the event it
will take them to the web page.
Mr. Bolin
replied yes; it should show up with any search tool.
UPON VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS
DECLARED THE MOTION CARRIED UNANIMOUSLY
2.Approval of November 7, 2013 Meeting Minutes
MOTION
by Commissioner Eggert to approve the minutes as presented. Seconded by
Commissioner Backlund.
Commissioner Gabel
UPON VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS
DECLARED THE MOTION CARRIED UNANIMOUSLY AND THE MINUTES
APPROVED AS AMENDED
3.Approval of 2014 Budget
Darin Nelson
, Finance Director, stated that the this is the final budget for 2014 and some
pages in the packet were missing, staff provided an updated complete budget tonight. An
overview of the proposed budget was presented in November and staff recommends a motion
approving the 2014 HRA budget as presented.
Mr. Nelson
explained that a transfer of funds will affect the Onan fund balance. The
Authority would transfer $500,000 going to Gateway West, to cover a shortfall in that
district. Some of the Onan funds would be reclassified to cover eligible Gateway NE
expenditures. Financial statements are prepared and those changes will be reflected. There
is a $1.164M projected fund balance for the Onan district.
HRA Meeting of December 5, 2013 3
Commissioner Holm
said that if Gateway West moves some money from Onan into there,
the negative fund balance would be less.
Mr. Nelson
replied yes; it would net about the same because some of the expenses have not
shown up yet.
Jim Casserly
, Development Consultant, added that some of the Gateway Northeast
expenditures in 2013 can be treated in different ways and they can be paid out of the general
fund or paid out of the Onan tax increment district. There is an opportunity to do that.
Chairperson Commers
confirmed there would be a direct payment from the Onan district
without running the expense through the general fund, for eligible Gateway Northeast
expenses.
Mr. Casserly
said that is a way to get some of the money that has been advanced back into
Commissioner Backlund
asked if this meets GASB accounting requirements.
Mr. Nelson
said that it is in accordance with GASB rules.
MOTION
by Commissioner Gabel to approve the 2014 Final Budget. Seconded by
Commissioner Holm.
UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS
DECLARED THE MOTION CARRIED UNANIMOUSLY
4.Approval of TIF Inter-Fund Transfers
Paul Bolin,
HRA Assistant Executive Director, said that in October staff reviewed cash
balances and found that the Onan district expires in 2015 and has a healthy cash balance
where other funds have a shortfall. Staff would like to transfer $500,000 from the Onan TIF
district to Gateway West which has a shortfall that cannot be paid back to the general fund.
Those funds will transfer from Gateway West to the general fund. Staff is asking for an
approval of a resolution authorizing the transfer of funds from the Onan district to Gateway
West TIF district.
MOTION
by Commissioner Holm to approve the resolution to transfer funds from the Onan
district to Gateway West. Seconded by Commissioner Gabel.
UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS
DECLARED THE MOTION CARRIED UNANIMOUSLY
Mr. Bolin
stated that staff identified cash balances in TIF districts that should be moved over
to the general fund.
Due to Other Funds Due from Other Funds
HRA Meeting of December 5, 2013 4
Fund 455 Lake Point - $130,000 Fund 100 General Fund - $130,000
th
Fund 467 57 Avenue - $15,000 Fund 100 General Fund - $15,000
Fund 468 Gateway East - $18,000 Fund 100 General Fund - $18,000
Fund 470 Gateway West - $600,000 Fund 100 General Fund - $600,000
Staff recommends a motion approving transfers from the above TIF districts to the HRA
general fund.
MOTION
by Commissioner Gabel to approve transferring funds from TIF districts to the
HRA general fund. Seconded by Commissioner Backlund.
UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS
DECLARED THE MOTION CARRIED UNANIMOUSLY
Mr. Bolin
said that staff recommends a motion reclassifying $562,039.62 in Gateway NE
expenditures as eligible expenses from the Onan TIF district. This will be used for costs to
pay for the purchase and demolition of the vet clinic.
MOTION
by Commissioner Gabel to reclassify $562,039.62 in Gateway NE as eligible
expenses from the Onan TIF District. Seconded by Commissioner Eggert.
UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS
DECLARED THE MOTION CARRIED UNANIMOUSLY
5.Approval of Contract Extension - CEE
Paul Bolin,
HRA Assistant Executive Director, said that the HRA has contracted with CEE
since 1996. This program administration includes marketing, processing applications,
determining eligibility and customizing loans to individual needs.
Mr. Bolin
said that CEE provides residents technical assistance on remodeling, energy
conservation and indoor air quality. The CEE/HRA partnership allows residents to access
other loan dollars and residents have been pleased with CEE. HRA pays $550 per loan and
$130 per remodeling advisor visit. CEE has a number of new programs coming out, some
which may have potential for Fridley residents. CEE Staff would like to come to the
February meeting to talk about the new programs. One is the "home energy squad", similar
to the operation insulation program. This new program takes it further and does blower door
tests and for $70, will replace light bulbs with fluorescent bulbs and install a programmable
thermostat. This is funded by Excel and Centerpoint Energy. Staff recommends that the
HRA approve the contract extension through 12-31-14.
MOTION
by Commissioner Eggert to extend the contract with CEE through 12/31/2014.
Seconded by Commissioner Gabel.
UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS
DECLARED THE MOTION CARRIED UNANIMOUSLY
HRA Meeting of December 5, 2013 5
INFORMATIONAL ITEMS:
1. Housing Loan Program Update
Paul Bolin,
HRA Assistant Executive Director, said that in November no new loans were
issued and our numbers are similar to other communities around us. Housing has picked up
and market values have increased. People are not borrowing money to remodel and this is
not only a Fridley issue, it is happening in all suburban communitities. Staff is working on
marketing efforts to promote this program. There were 10 loans year to date and 7
remodeling advisor visits year to date. The Home and Garden Show that is coming up on
January 25 from 9-3PM and usually generates interest in loan program.
ADJOURNMENT:
MOTION
by Commissioner Gabel to Adjourn. Seconded by Commissioner Eggert.
UPON VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS
DECLARED THE MOTION CARRIED AND THE MEETING ADJOURNED AT
7:37 P.M.
Respectfully Submitted,
Krista Peterson
Recording Secretary
AGENDA ITEM
HRA MEETING OF
JANUARY 2, 2014
To: Wally Wysopal, Executive Director
Paul Bolin, Assistant Executive Director
From: Darin Nelson, Finance Director/Treasurer
Date: December 20, 2013
Re: Resolution Designating Official Depositories for the Year 2014
Attached is a resolution appointing Wells Fargo Bank Minnesota N.A. as the Housing &
official depository for 2014.
The service the HRA receives from Wells Fargo has been first-rate. Wells Fargo is responsive to
not only our requests for information, but also other banking issues that may arise.
In today's world of increasing demands for electronic banking, Wells Fargo Bank provides a one-
stop-shop for the required banking needs. This proves to be both beneficial and
efficient, as our banking needs are quite complex.
Wells Fargo also monitors the daily cash balances to assure the deposits are fully
collateralized. This assures deposits are safe and not subject to loss if the bank were to fail. This
daily monitoring is critical, since the Authority can experience large swings in cash balances at
different points throughout the year.
Staff recommends a motion adopting a resolution designating official depositories for the
Housing & Redevelopment Authority for 2014.
RESOLUTION NO. 2014 - ___
RESOLUTION DESIGNATING AN OFFICIAL DEPOSITORY FOR THE HOUSING &
REDEVELOPMENT AUTHORITY
I, Darin R. Nelson, do hereby certify that I am the Finance Director-Treasurer of the Housing &
Redevelopment Authority in and for the City of Fridley, a corporation organized under the laws of the
State of Minnesota. I further certify that at a meeting of said corporation duly and properly called and
held on the 2nd day of January 2014 the following resolution was passed; that a quorum was present at
said meeting; and that said resolution is set forth in the minutes of the meeting and has not been rescinded
or modified.
IT IS HEREBY RESOLVED, that Wells Fargo Bank Minnesota N.A. is hereby designated as a
depository for the funds of this corporation.
IT IS FURTHER RESOLVED, that checks, drafts or other withdrawal orders issued against the funds of
this corporation on deposit with said bank shall be signed by the following two individuals:
Walter T. Wysopal, Executive Director
Darin R. Nelson, Finance Director-Treasurer
Shelly M. Peterson, Assistant Finance Director
and that said bank is hereby fully authorized to pay and charge to the account of this corporation any
checks, drafts, or other withdrawal orders.
BE IT FURTHER RESOLVED, that Wells Fargo Banks as a designated depository of the corporation is
hereby requested, authorized and directed to honor checks, drafts or other orders for the payment of
money drawn in this corporation's name, including those drawn to the individual order of any person or
persons whose name or names appear thereon as signer or signers thereof, when bearing or purporting to
bear the facsimile signatures of the following two individuals:
Walter T. Wysopal, Executive Director
Darin R. Nelson, Finance Director-Treasurer
Shelly M. Peterson, Assistant Finance Director
and Wells Fargo Banks shall be entitled to honor and to charge this corporation for all such checks, drafts
or other orders, regardless of by whom or by what means the facsimile signature or signatures thereon
may have been affixed thereto, if such facsimile signature or signatures resemble the facsimile specimens
duly certified to or filed with Wells Fargo Banks by the City Clerk or other officer of this corporation.
BE IT FURTHER RESOLVED, that any and all resolutions heretofore adopted by the Housing &
Redevelopment Authority of the corporation and certified to as governing the operation of this
corporation's account(s) with it, be and are hereby continued in full force and effect, except as the same
may be supplemented or modified by the foregoing part of this resolution.
BE IT FURTHER RESOLVED, that all transactions, if any relating to deposits, withdrawals, re-discounts
and borrowings by or on behalf of the corporation with said bank prior to the adoption of this resolution
be, and the same hereby are, in all things ratified, approved and confirmed.
Resolution No. 2013-__ Page 2
BE IT FURTHER RESOLVED, that any bank or savings and loan may be used as depositories for
investment purposes so long as the investments comply with authorized investments as set forth in
Minnesota Statutes.
BE IT FURTHE RESOLVED, that the signatures of the following two named City/HRA employees are
required for withdrawal of Housing & Redevelopment Authority investment funds from savings and loan
associations:
Walter T. Wysopal, Executive Director ____________________________
Darin R. Nelson, Finance Director-Treasurer ____________________________
Shelly M. Peterson, Assistant Finance Director ____________________________
BE IT FURTHER RESOLVED, that any brokerage firm may be used as a vendor for investment
purposes so long as the investments comply with the authorized investments as set forth in Minnesota
Statutes.
I further certify that the Board of this corporation has, and at the time of adoption of said resolution, had
full power and lawful authority to adopt the foregoing resolutions and to confer the powers therein
granted to the persons named who have full power and lawful authority to exercise the same.
PASSED AND ADOPTED BY THE FRIDLEY HOUSING & REDEVELOPMENT AUTHORITY IN
AND FOR THE CITY OF FRIDLEY THIS 2ND DAY OF JANUARY 2014.
_____________________________
LAWRENCE R. COMMERS,
CHAIRPERSON
ATTEST:
______________________________________
WALLY WYSOPAL EXECUTIVE DIRECTOR
ACTION ITEM
HRA MEETING OF JANUARY 2, 2014
To: Wally Wysopal, Executive Director
Paul Bolin, Assistant Executive Director
From: Darin Nelson, Finance Director/Treasurer
Date: December 23, 2013
Re: Resolution Designating Official Newspaper for the Year 2014
The Fridley City Charter Section 12.01 requires the designation of an official newspaper for the
Fridley Housing and Redevelopment Authority.
Attached is a resolution designating the Fridley Sun Focus News as the official legal newspaper
of the Fridley Housing and Redevelopment Authority for the year 2014. The Minneapolis Star
Tribune is designated as the Fridley Housing and Redevelopment Authority's second official
newspaper for the year 2014.
RESOLUTION NO. HRA 2014 -
RESOLUTION DESIGNATING AN OFFICIAL NEWSPAPER
FOR THE YEAR 2014
WHEREAS, the Charter of the City of Fridley requires in Section 12.01 thereof that the Fridley
Housing and Redevelopment Authority, annually designate an official newspaper for the
Housing and Redevelopment Authority.
NOW, THEREFORE, BE IT RESOLVED that the Focus News is designated the official legal
newspaper for the City of Fridley for the year 2014 for all publications required to be published
therein.
BE IT FURTHER RESOLVED that the Minneapolis Star and Tribune be designated as the
PASSED AND ADOPTED BY THE FRIDLEY HOUSING AND REDEVELOPMENT
AUTHORITY IN AND FOR THE CITY OF FRIDLEY THIS 2ND DAY OF JANUARY 2014.
________________________________________
LAWRENCE R. COMMERS, CHAIRPERSON
ATTEST:
________________________________________
WALLY WYSOPAL, EXECUTIVE DIRECTOR
Fridley Housing and Redevelopment
Authority
M E M O R A N D U M
DATE: December 20, 2013
TO: Wally Wysopal, Executive Director of HRA
FROM: Paul Bolin, Assistant HRA Director
SUBJECT: Approval of Mowing Contractor for 2014
Introduction
Last winter the HRA participated with the City in soliciting bids for mowing services and
Passau Lawn Care had the lowest pricing. Passau Lawn Care has been providing
mowing services to the Authority since 2011 and was awarded the contract for the 2013
mowing season.
HRA Staff was pleased with Passau Lawn Care's work this past summer. The rates are
relatively low and the service very reliable. Passau Lawn Care has agreed to a contract
extension to provide mowing services for the same rate as last year.
Recommendation
Staff recommends that the Authority contract with Passau Lawn Care for the 2014
summer season. Not only will we continue to receive very reliable service from Passau
Lawn Care, it will be provided at the same cost as last year.
2014 Mowing Contract
City of Fridley HRA
THIS AGREEMENT EXTENSION
is made this 2nd day of January, 2014 by and between the Housing
and Redevelopment Authority in and for the City of Fridley, Anoka County, Minnesota (hereinafter called
HRA
Contract Term
The of the contract dated February 8, 2013 is hereby extended for another mowing
.
season to December 31, 2014 The HRA may cancel all or any part of this contract upon thirty (30) days
written notice. With the consent of both parties, this contract may be extended for one additional one-
year period.
Executed as of the day and year first above written.
City of FridleyHRA Passau, Inc.
By_______________________ By______________________
Its Executive Director Its______________________
ACTION ITEM
HRA MEETING OF JANUARY 2, 2014
Date: December 20, 2013
To: Wally Wysopal, City Manager / Executive HRA Director
From: Paul Bolin, Asst. Executive HRA Director
Subject: Public Hearing - Sale of 5725 3rd Street NE - HRP/Gateway West
Home Detail Builders has submitted a lot reservation agreement to build a new home
on the lot located at 5725 3rd Street. The builder has been designing the home with
their buyer.
The principals of Home Detail Builders are Jeff and Luke Magdik, the builders of four of
the other homes previously constructed, or under construction, on this block. Home
Detail plans to build a two-level home with just over 2,000 square feet. The exterior of
the home will utilize a blend of maintenance free materials and will incorporate shakes
and stone on the front of the home. As details of the home are still being finalized by
the buyer, the builders were not be able to provide an elevation of the home in time for
inclusion in your agenda packet.
Staff recommends approval of the attached resolution, provided the drawings to be
submitted meet the criteria for the HRP program, authorizing the sale of the lot to Home
Detail Builders for $30,000.
HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF FRIDLEY
COUNTY OF ANOKA
STATE OF MINNESOTA
HRA RESOLUTION NO. 2014-___
A RESOLUTION AUTHORIZING THE SALE OF RESIDENTIAL PROPERTY BY THE
HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF
FRIDLEY, MINNESOTA
BE IT RESOLVED by the Board of Commissioners (the "Commissioners") of the Housing and
Redevelopment Authority in and for the City of Fridley, Minnesota (the "Authority") as follows:
Section 1. Recitals.
1.01. It has been proposed that the Authority sell certain residential property (the "Property") described
below:
PIN: Street Address
23-30-24-23-0160 5725 3rd Street NE
23-30-24-23-0161
Section 2. Findings.
2.01. The Authority hereby finds that it has approved and adopted its Redevelopment Plan for its
Redevelopment Project No. 1 (the "Redevelopment Program") pursuant to Minnesota Statutes,
Section 469.001 et seq.
2.02. The Authority hereby finds that it has approved and adopted TIF District #18, Gateway West,
pursuant to and in accordance with Laws of Minnesota 1995, Chapter 264, Article 5, Sections 44
through 47; Laws of Minnesota 1996, chapter 471, article 7, section 22; Laws of Minnesota
1997, chapter 231, article 10, section 13; Laws of Minnesota 2002, chapter 377, article 7, section
6; Laws of Minnesota 2008, chapter 154, article 9, section 19, and Laws of Minnesota 2010,
Chapter 216, Section 4
2.03. The Authority hereby finds that it has performed all actions required by Minnesota Statutes for
the sale of the Property.
2.04. The Authority hereby finds that the sale of the Property promotes the objectives as outlined in its
Redevelopment Program and the Plan.
Section 3. Approval of the Sale.
3.01 The sale of the Property is hereby approved for a price of not less than $30,000.
HRA Resolution 2014-__Page 2
Section 4. Authorization for Execution and Delivery.
4.01. The Chairman, the Executive Director and Assistant Executive Director are hereby
authorized to execute and deliver any documents necessary to effect the sale of the
Property.
PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND
FOR THE CITY OF FRIDLEY, MINNESOTA, THIS 2nd DAY OF JANUARY, 2014.
_____________________________________
LAWRENCE R. COMMERS - CHAIRMAN
ATTEST:
____________________________________________
PAUL BOLIN - ASSISTANT EXECUTIVE DIRECTOR
INFORMATIONAL ITEM
HRA MEETING OF JANUARY 2, 2014
Date: December 20, 2013
To: Wally Wysopal, City Manager / Executive HRA Director
From: Paul Bolin, Asst. Executive HRA Director
Subject: Gateway Northeast Update
Lyons / Trident Group:
The Lyons/Trident Group, have further developed the site plan for their vision of the
GWNE property. The Trident Group have submitted plans and application to the City
for the land use approvals necessary to develop the site (a larger, colored copy of the
plans are attached).
Trident has proposed 265 market rate multi-family housing units spread across the site
in 3 different buildings. The buildings would have 3 stories of living area above indoor,
ground level parking. The building architecture has a modern metropolitan look that,
combined with the building being constructed close to University Avenue, will improve
Fridley's image along this well traveled corridor.
In addition to the plans, I have also provided a copy of the written narrative Trident
submitted to the planning department. The narrative is quite detailed and fully
describes Trident's vision for the property.
The past few weeks HRA and City Staff have spent a great deal of time working with
Trident, their surveyor, our title company, MnDOT and Anoka County to identify and
clean up the issues that are always associated with plats that were recorded 130 years
ago. The issues include alleyways that were vacated but not filed at the County,
MnDOT parcels that have been turned back to the City and other minor corrections that
Anoka County is helping to fix. We expect all of the title/plat issues to be resolved in
time to allow for a transfer of property this spring.
Staff will continue to provide updates as the project moves through the City's land use
approval process. Trident intends to hold a neighborhood meeting in early January to
keep them informed and take their comments on the proposed project. The neighbors I
have spoken with seem excited for the project to start. You may recall that the
buildings proposed are of the same height and scale as those buildings the neighbors
and other residents designed for the site, in 2007, when the HRA partnered with the
Corridor Housing Initiative to plan for the future of this stretch of University Avenue.
Below are two sketches of the buildings designed by the residents.
INFORMATIONAL ITEM
HRA MEETING OF JANUARY 2, 2014
Date: December 20, 2013
To: Wally Wysopal, City Manager / Executive HRA Director
From: Paul Bolin, Asst. Executive HRA Director
Subject: 2013 - Year in Review
2013 was a very busy year for the Authority. A number of large redevelopment projects
moved closer to reality and the Housing Replacement Program nearly sold out its
remaining lots. Following is a brief recap of some of the highlights from 2013.
January:
The Authority started out the new year by welcoming Gordon Backlund to the
Commission.
February:
Passau Lawncare was selected to mow the Authority owned properties in 2013.
March:
The Authority sold the lot at 5833 2 1/2 Street to Novak Fleck Builders.
April:
Authority approved the sale of 561 Ironton Street to Novak Fleck Builders.
Approved the Transit Oriented Development Master Plan for 5601 East River Road
(formerly known as the JLT site).
May :
Closing on the Fridley Animal Hospital took place on May 29th. Dr. LeMay leased the
space from the Authority through August 31, 2013.
June:
The Lyons/Trident Group, presented a draft site plan of how the GWNE properties
could be developed.
Authority approved lot sales for 5801 3rd Street, 5765 3rd Street and 4656 2nd Street.
Additionally, the Authority approved the "terms sheet" for the redevelopment of the BAE
site.
July :
Authority did not meet.
August:
Authority approved the sale of the lot at 5755 3rd Street and authorized staff to look into
potentially providing development assistance for proposed development at 5601 East
River Road.
September:
Authority approved the 2014 Tax Levy, a Master Plan Amendment for Fairview Clinic, a
letter of understanding with Trident Development and purchasing lighting for the City
Hall property.
October:
October's meeting was focused on the BAE / Hyde Development / Northern Stacks
project. The Authority approved the redevelopment agreement and approved
resolutions offering support for two different grant applications.
November:
Authority approved Phase X of the housing replacement program and an interfund loan
to make funds available for the Northern Stacks redevelopment. Additionally, the
Authority approved sales of the lots at 561 Lafayette and 291 57th Place.
December:
In December the Authority approved their budget for 2014, a contract extension with
CEE, and approved a number of inter-fund transfers.
2014 promises to be a busy and exciting year for the Authority. We will see projects,
approved in 2013, start construction. As the economy continues to improve we will, no
doubt, have a number of new projects coming our way.
Thank you Commissioners for a great 2013!
Fridley HRA
Housing Program Summary
Cover Page
January 2, 2014 HRA Meeting
ReportDescription
Loan Application Summary Loan application activity (e.g. mailed
out, in process, closed loans) for past
month and year-to-date.
Loan Origination Report Monthly loan originations and year-to-
date.
Remodeling Advisor Shows the number of field appointments
scheduled and completed for the
Remodeling Advisor Services
administered by Center for Energy and
Environment.
***Because of getting this packet out before the holidays, CEE's update was not yet
available. The information will be made available at your January 2nd meeting.
K:\HRA\Agenda Packets\2014 Agenda Packets\January 2, 2014 HRA Packet\Housing Program Cover January 14.docx