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HRAM 06/04/2020 CITY OF FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY COMMISSION JUNE 4, 2020 Chairperson Holm called the Housing and Redevelopment Authority Meeting to order at 7:30 p.m. MEMBERS PRESENT: William Holm Gordon Backlund Kyle Mulrooney Elizabeth Showalter Rachel Schwankl OTHERS PRESENT: Paul Bolin, HRA Assistant Executive Director Jim Casserly, Development Consultant Steve Dunbar, Fridley Investments, LLC ACTION ITEMS 1. Approval of Expenditures MOTION by Commissioner Showalter to approve the expenses as submitted. Seconded by Commissioner Schwankl. UPON A VOICE VOTE, ALL VOTING AYE, CHAIR HOLM DECLARED THE MOTION CARRIED UNANIMOUSLY. 2. Approval of May 7, 2020 Meeting Minutes MOTION by Commissioner Showalter to approve the May 7, 2020 minutes as submitted. Seconded by Commissioner Schwankl. UPON A VOICE VOTE, ALL VOTING AYE, CHAIR HOLM DECLARED THE MOTION CARRIED UNANIMOUSLY. 3. Annual Election of Officers MOTION by Commissioner Showalter to nominate William Holm as Chair and Kyle Mulrooney as Vice Chair. Seconded by Commissioner Schwankl. UPON A VOICE VOTE, ALL VOTING AYE, CHAIR HOLM DECLARED THE MOTION CARRIED UNANIMOUSLY. HousingandRedevelopmentAuthorityMeetingofJune4,20202 4. Amendment to Fridley Investments LLC Paul Bolin, HRA Assistant Executive Director, stated that we started working on this development in late 2018. We thought we were on our way for a fall closing and start construction on the senior homes. When Fairview purchased the building to the south and took over the parking lot leases, this added a few months to the entire process. Fairview also did some soil borings on their site which revealed some dry cleaning solvents and MPCA requested more borings to be done to see if the contamination moved toward the north. More soil borings were done which added more months as they had to be done in warm and cold weather. The city did not get the all clear letters needed to move forward until just one week ago. We are now ready to move forward with the closing but will not be ready in July. Staff is requesting to extend the closing date to November 6, 2020. Steve Dunbar, Fridley Investments, LLC, has been committed to bring forward this asset to the City of Fridley and appreciates the HRA helping him work through all of the issues. This has been back and ask for another extension. Chair Holm asked if there were any other major concerns. Mr. Dunbar replied, not to my knowledge. It has been a challenge with multiple complexities of the parcels and plotting them into a new look and format. The title issue has been resolved and MPCA documentation and response work is complete. MOTION by Commissioner Showalter to approve the Amendment to Fridley Investments LLC UPON A VOICE VOTE, ALL VOTING AYE, CHAIR HOLM DECLARED TH EMOTION CARRIED UNANIMOUSLY. INFORMATIONAL ITEMS 1. Housing Program Update Paul Bolin, HRA Assistant Executive Director, reported there were two senior loans closed last month making 10 year to date and one remodel advisor visits making five year to date. There were no Home Energy Squad Visits for a total of 27 year to date. They are promoting Virtual Home Energy Squad Visits to discuss potential energy saving tips virtually. The next meeting is July 2 and possibly the next in-person meeting August 6. City Hall opened up to the public June 1 and staff will return to the office June 15. It is up to the HRA to decide when to resume in-person meetings, staff wants everyone to be comfortable meeting in person. HousingandRedevelopmentAuthorityMeetingofJune4,20203 ADJOURNMENT MOTION by Commissioner Showalter to adjourn. Seconded by Commissioner Schwankl. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON HOLM DECLARED THE MOTION CARRIED UNANIMOUSLY AND THE MEETING ADJOURNED AT 7: 17 PM. Respectfully submitted, Krista Peterson Recording Secretary