1-9-2025
Housing and Redevelopment Authority
January 9, 2025
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
Troy Brueggemeier
John Buyse
Rachel Schwankl
Others Present
Paul Bolin, HRA Assistant Executive Director
Action Items
1. Approval of Expenditures
Motion by Commissioner Backlund to approve the expenditures. Seconded by Commissioner Buyse.
Upon a voice vote, all voting aye, Chair Showalter declared the motion carried unanimously.
2. Approval December 5, 2024, Meeting Minutes
Motion by Commissioner Brueggemeier to approve the meeting minutes of December 5, 2024, as
presented. Seconded by Commissioner Schwankl.
Upon a voice vote, all voting aye, Chair Showalter declared the motion carried unanimously.
3. Approval of Exclusive Negotiations Agreement
Paul Bolin, HRA Assistant Executive Director, presented a proposal for an exclusive negotiations
agreement for the HRA-owned property located at Central Avenue and Mississippi. He provided
background information on the meetings the HRA and Council have held related to potential
development of this site and the conclusion was made that slab-on-grade single-family homes would
be the best fit for the site and its conditions. He provided background information on the RFQ process
which began in September of 2024 as well as the proposed timeline moving forward. He stated that
staff recommends approval of the resolution approving the agreement as presented.
Housing and Redevelopment Authority Minutes Page 2
1/9/2025
Chair Showalter recognized that it would not make sense for Centra to do the work necessary to
develop more details on the site without having this agreement because of the investment the
company will be making.
Commissioner Schwankl asked if the first-time buyer funds would be available for these homes in the
future. Mr. Bolin confirmed that could be an option, explaining that the program funds are qualified
towards the buyer and not the home itself.
Commissioner Brueggemeier commented that in the joint meeting with the City Council, it seemed
unanimous in the decision to move forward with Centra.
Motion by Commissioner Buyse to approve HRA Resolution No. 2025-01, Approving a Contract for
Exclusive Negotiations. Seconded by Commissioner Brueggemeier.
Upon a voice vote, all voting aye, Chair Showalter declared the motion carried unanimously.
Informational Items
4. Update on Housing Programs
Mr. Bolin provided an update on the December loan activity, as well as year-to-date information on
loans closed in 2024. He reported that the senior program is now open for 2025.
Adjournment
Motion by Commissioner Backlund to adjourn the meeting. Seconded by Commissioner Buyse.
Upon a voice vote, all voting aye, Chairperson Showalter declared the motion carried and the meeting
adjourned at 7:12 p.m.
Respectfully submitted,
Paul Bolin, Staff Liaison