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10-2-25-regular Housing and Redevelopment Authority Meeting October 02, 2025 7:00 PM Fridley City Hall, 7071 University Avenue N.E. Agenda Call to Order Roll Call Action Items 1.Approval of Expenditures 2.Approval of the Minutes from the HRA Meeting of September 4, 2025 Informational Items 3.Proposed 2026 HRA Budget 4.Update on Housing Programs Adjournment Accessibility Notice: If you need free interpretation or translation assistance, please contact City staff. Si necesita ayuda de interpretación o traducción gratis, comuníquese con el personal de la ciudad. Yog tias koj xav tau kev pab txhais lus los sis txhais ntaub ntawv dawb, ces thov tiv tauj rau Lub Nroog cov neeg ua hauj lwm. Haddii aad u baahan tahay tarjumaad bilaash ah ama kaalmo tarjumaad, fadlan la xiriir shaqaalaha Magaalada. Upon request, accommodation will be provided to allow individuals with disabilities to participate in any City of Fridley services, programs or activities. Hearing impaired persons who need an interpreter or other persons who require auxiliary aids should contact CityClerk@FridleyMN.govor (763) 572-3450. 1 Jufn!2/ AGENDA REPORT Meeting Date:October 2, 2025 Meeting Type:Housing & Redevelopment Authority Submitted By:Stacy Stromberg, Assistant Executive Director Title Approval of Expenditures Background Attached are the check reports for the month of September2025. Recommendation Staff recommend the HRA approve the expenditures for the month of September2025. Attachments and Other Resources Check Reports Vision Statement We believe Fridley will be a safe, vibrant, friendly and stable home for families and businesses. 2 C Bank Transaction Report i t Transaction Detail y Issued Date Range: 08/29/2025 - 09/24/2025 o Cleared Date Range: - f Issued DateDescriptionTypeAmount 09/03/2025CENTER FOR ENERGY & ENVIRONMENT (CEE)Check-197,960.76 09/03/2025PASSAU LANDCARE INCCheck-660.00 Total: (2) -198,620.76 Report Total: (2) -198,620.76 Bank Issued Date Range: - Transaction Summary Report -198,620.76 -198,620.76 Cash Account Count Amount 099099--198,620.76 101100 CashinBan-198,620.76 Transaction Type Count Amount Check-198,620.76 -198,620.76 Jufn!3/ AGENDA REPORT Meeting Date:October 2, 2025 Meeting Type:Housing & Redevelopment Authority Submitted By:Stacy Stromberg, Assistant Executive Director Title Approval of the Minutes from the HRA Meeting ofSeptember 4,2025 Background Recommendation Staff recommends the HRA approve the minutes from the meeting of September 4, 2025. Attachments and Other Resources HRA Minutes September 4, 2025 Vision Statement We believe Fridley will be a safe, vibrant, friendly and stable home for families and businesses. 4 Jufn!3/ Housing and Redevelopment Authority September 4,2025 7:00 PM Fridley City Hall, 7071 University Avenue NE Minutes Call to Order Acting Chairperson Brueggemeiercalled the Housing and Redevelopment Authority meeting to order at 7:00 p.m. Present Gordon Backlund Troy Brueggemeier Frank Inamagua Rachel Schwankl Absent Elizabeth Showalter Others Present Paul Bolin, Community Development Director Joe Starks, Finance Director Action Items 1. Approval of Expenditures Motionby Commissioner Backlundto approve the expenditures. Seconded by Commissioner Inamagua. Upon a voice vote, all voting aye, Acting Chair Brueggemeierdeclared the motion carried unanimously. 2.ApprovalAugust 7,2025, Meeting Minutes Motionby Commissioner Schwanklto approve the meeting minutesof August 7,2025,as presented. Seconded by Commissioner Backlund. Upon a voice vote, all voting aye, Acting Chair Brueggemeierdeclared the motion carried unanimously. 3.Resolution No. 2025-06, Adopting the Final HRA Tax Levy for Taxes Payable in 2026 Joe Starks, Finance Director, levy authority and proposed tax levy for 2026. He stated that if approved by the HRA, this would move to the City 5 Jufn!3/ Housing and Redevelopment Authority Minutes Page 2 9/4/2025 nd Council at its September 22 meeting. He provided additional information on financial items that nd will come before the HRA at its October 2 meeting. Motion by Commissioner Inamagua to approve HRA Resolution No. 2025-06, Adopting a 2025 Tax Levy Collectible in 2026. Seconded by Commissioner Backlund. Upon a voice vote, all voting aye, Acting Chair Brueggemeier declared the motion carried unanimously. 4. Resolution No. 2025-07 Designating Bank Signers Paul Bolin, Community Development Director, stated that this item typically comes before the HRA in January, designating a bank for the year, with staff authorized to sign. He stated that due to recent staffing changes in the finance department, changes would need to be made to the designated bank signers as proposed. Motion by Commissioner Backlund to approve HRA Resolution No. 2025-07, Designating Official Depositories for the Housing and Redevelopment Authority. Seconded by Commissioner Inamagua. Upon a voice vote, all voting aye, Acting Chair Brueggemeier declared the motion carried unanimously. 5. Approval of Resolution 2025-08 Decertification of TIF District #17 Mr. Bolin identified the location of TIF District #17 and provided background information on the redevelopment that has occurred. He noted the increase in value that has occurred through the redevelopment and advised that all tax increment obligations have been fulfilled and, therefore, it is recommended to decertify the district. Commissioner Schwankl asked if an excess increment had been received that would need to be refunded. Mr. Bolin did not believe that had occurred, but stated that staff could verify that. Motion by Commissioner Backlund to approve HRA Resolution No. 2025-08, Approving Decertification of Tax Increment Financing District No. 17 (Gateway East). Seconded by Commissioner Inamagua. Upon a voice vote, all voting aye, Acting Chair Brueggemeier declared the motion carried unanimously. 6. Approval of Resolution 2025-09 Decertification of TIF District #19 Mr. Bolin identified the location of TIF District #19, which was created in 2007. He explained how the tax increment was used within the district to assist with redevelopment. The tax increment obligations have been met, and the district is recommended to be decertified. He noted that there has been no excess increment collected for this district. Commissioner Schwankl asked if there is an estimate on the increased taxes that the City, County, and School District will receive as a result of these two districts. Mr. Bolin was unsure but noted that staff could follow up with that information. 6 Jufn!3/ Housing and Redevelopment Authority Minutes Page 3 9/4/2025 Motion by Commissioner Schwankl to approve HRA Resolution No. 2025-09, Approving Decertification of Tax Increment Financing District No. 19 (5110 Main Street Project). Seconded by Commissioner Inamagua. Upon a voice vote, all voting aye, Acting Chair Brueggemeier declared the motion carried unanimously. Informational Items 7. Update on Housing Programs Mr. Bolin provided an update on the August loan activity, as well as year-to-date information on the loans and programs. Adjournment Motion by Commissioner Inamagua to adjourn the meeting. Seconded by Commissioner Schwankl. Upon a voice vote, all voting aye, Acting Chair Brueggemeier declared the motion carried and the meeting adjourned at 7:17 p.m. Respectfully submitted, Paul Bolin, Staff Liaison 7 Jufn!4/ AGENDA REPORT Meeting Date:October 2, 2025 Meeting Type:Housing & Redevelopment Authority Submitted By:Stacy Stromberg, Assistant Executive Director Joe Starks, Finance Director/City Treasurer Title Proposed 2026HRA Budget Background Staffwill present the Proposed 2026Budget to the Authority for review.The proposed budgetincludes the General Fund, Housing Loan Program Fund,and the various TIF Funds. The General Fund covers the bulk of the administrative and overhead costs of the Authority. It is also used to provide internal loans for development projects. The Housing Loan Program Fund covers the housing-related programsand services (e.g.,CEE programs). th Staff will bring a final budget to the Authority for approval on November 6. Attachments and Other Resources Detailed Proposed 2026HRA Budget Vision Statement We believe Fridley will be a safe, vibrant, friendly and stable home for families and businesses. 8 Jufn!5/ AGENDA REPORT Meeting Date:October 2, 2025 Meeting Type:Housing & Redevelopment Authority Submitted By:Paul Bolin, Assistant Executive Director Title Update on Housing Programs Background On a monthly basis, staff will provide updates from loan programs, remodeling advisor visits and Home Energy Squad Visits. Nancy Abts will provide an update on the 2025Grant Programs at the meeting on Thursday. Attachments and Other Resources Chart of Loans Issued and Remodeling Advisor Visits Vision Statement We believe Fridley will be a safe, vibrant, friendly and stable home for families and businesses. 20 Fridley Loan Summary Report Jufn!5/ Activity for Period 8/16/2025 - 9/15/2025 Application packets requested/mailed: This period:1Year-to-Date:7 16 Residential Advisor Visits:This period:0Year-to-Date: Loans currently in process for residents in your City/Neighborhood: 36 This period:Year-to-Date: Closed Loans UnitsUnits FHF 0.00 00 0.00 2-4 Unit Revolving 0.00 0.00 Total00 UnitsUnits Fridley 00 179,216.00 738 Closed End960,725.79 0.00 06 50,000.00 Down Payment Assistance 0.00 04 43,903.00 Home Betterment Deferred 0.00 00 0.00 Last Resort 0.00 01 Last Resort Emergency 3,670.00 Deferred 0.00 00 0.00 Mobile Home Closed End 0.00 00 0.00 Multi Family Exterior Closed End 0.00 06 Senior Deferred100,990.20 1,159,288.99 179,216.00 Total755 This period:UnitsYear-to-Date:Units Leveraged Funds 0.0007,705.001 CEE 0.000157,132.003 MHFA FUF 0.00164,837.004 0 Total 21 # Types of Improvements Financed YTD# of Projects%of TotalTypes of Properties Financed YTD% of Total Jufn!5/ Commercial -Non-residential 11.67 22.56 Additions/Finishing off unused space Condominium 11.67 11.28 Air Conditioning Single Family Residence 5490.00 11.28 Bathrooms Townhouse 46.67 11.28 Deck 67.69 Down Payment Assistance 45.13 Driveways 78.97 Electrical 22.56 Flooring/Carpet/Tile 11.28 Garage 67.69 Heating System 22.56 Insulation 56.41 Kitchens 22.56 Landscaping 810.26 Other Exterior Improvements 78.97 Other Interior Improvements 33.85 Plumbing Radon Mitigation11.28 78.97 Roof 22.56 Sidewalks, Steps 33.85 Siding, Stucco, Exterior Paint 22.56 Solar-PV 11.28 Thermostat 45.13 Windows, Doors, Storm Windows, Storm Doors 22