12/5/2024
Housing and Redevelopment Authority
December 5, 2024
7:00 PM
Fridley City Hall, 7071 University Avenue NE
Minutes
Call to Order
Chairperson Showalter called the Housing and Redevelopment Authority meeting to order at 7:00 p.m.
Present
Elizabeth Showalter
Gordon Backlund (arrived at 7:01 p.m.)
Troy Brueggemeier
John Buyse
Rachel Schwankl
Others Present
Paul Bolin, HRA Assistant Executive Director
Joe Starks, Finance Director
Vickie Johnson, Development Consultant
Action Items
1. Approval November 7, 2024, Meeting Minutes
Motion by Commissioner Buyse to approve the meeting minutes of November 7, 2024, as presented.
Seconded by Commissioner Schwankl.
Upon a voice vote, all voting aye, Chair Showalter declared the motion carried unanimously.
2. Designation of an Official Newspaper for 2025
Paul Bolin, Assistant Executive Director, explained that annually the HRA designates an official
newspaper. He stated that for the past six years that paper has been the Minneapolis Star Tribune,
which has changed its name to the Minnesota Star Tribune. Staff recommends approval of the
resolution as presented.
Commissioner Backlund arrived.
Motion by Commissioner Brueggemeier to approve HRA Resolution No. 2024-05 Designating the
Minnesota Star Tribune as the Official Newspaper of the Fridley Housing and Redevelopment Authority
for the Year 2025. Seconded by Commissioner Buyse.
Upon a voice vote, all voting aye, Chair Showalter declared the motion carried unanimously.
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12/5/2024
3. Resolution No. 2024-06 Designating Official Depositories for the Year 2025
Mr. Bolin stated that annually the HRA designates depositories for its funds and provided additional
background information supporting the recommendation of staff to approve the resolution as
presented.
Motion by Commissioner Buyse to approve HRA Resolution No. 2024-06 Designating Official
Depositories for the Housing and Redevelopment Authority for the Year 2025. Seconded by
Commissioner Schwankl.
Upon a voice vote, all voting aye, Chair Showalter declared the motion carried unanimously.
4. Proposed 2025 Budget
Joe Starks, Finance Director, stated that this information was reviewed in more detail at the November
meeting and asked the Commission to formally approve the HRA 2025 budget tonight. He provided
a brief summary of the HRA budget components, highlighting any changes since the November
review.
Commissioner Schwankl asked how the sales tax revenue the City will receive will be used. Mr. Bolin
replied that those funds would be used towards the loan and grant programs which have income
limits. Mr. Starks explained how the funds are allocated and shown in the budget, confirming that
those funds can only be used as described by Mr. Bolin.
Motion by Commissioner Brueggemeier to approve of the 2025 HRA Budget as proposed. Seconded by
Commissioner Buyse.
Upon a voice vote, all voting aye, Chair Showalter declared the motion carried unanimously.
Informational Items
5. Update on Housing Programs
Mr. Bolin provided an update on the loan and housing program activity during the past month as well
as year to date. He noted that it has been a very successful year.
Adjournment
Motion by Commissioner Buyse to adjourn the meeting. Seconded by Commissioner Schwankl.
Upon a voice vote, all voting aye, Chairperson Showalter declared the motion carried and the meeting
adjourned at 7:14 p.m.
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12/5/2024
Respectfully submitted,
Paul Bolin, Staff Liaison