09-07-2023
Housing and Redevelopment Authority
September 7, 2023
8:00 PM
Fridley City Hall, 7071 University Avenue NE
Minutes
Call to Order
Acting Chairperson Brueggemeier called the Housing and Redevelopment Authority meeting to order at
8:00 p.m.
Present
Gordon Backlund
Troy Brueggemeier
Rachel Schwankl
Absent
Elizabeth Showalter
Kyle Mulrooney
Others Present
Paul Bolin, HRA Assistant Executive Director
Joe Starks, Finance Director
Action Items
1. Approval of Expenditures
Commissioner Backlund noted that several payments are going to senior and market rate apartments.
He asked and received confirmation that those were TIF payments.
Motion by Commissioner Backlund to approve the expenditures. Seconded by Commissioner
Schwankl.
Upon a voice vote, all voting aye, Acting Chair Brueggemeier declared the motion carried
unanimously.
2. Approval of August 3, 2023, Meeting Minutes
Motion by Commissioner Backlund to approve the meeting minutes of August 3, 2023 as presented.
Seconded by Commissioner Schwankl.
Upon a voice vote, all voting aye, Acting Chair Brueggemeier declared the motion carried
unanimously.
Housing and Redevelopment Authority 9/7/2023 Minutes Page 2
3. HRA Resolution No. 2023-13 Adopting a 2023 Tax Levy Collectible in 2024
Paul Bolin, HRA Assistant Exeuctive Director, provided background information on the tax levy
authority of the HRA, noting that in 2024 the levy would allow the HRA to collect $752,679. He
reviewed the impact on residential and commercial taxpayers and displayed the historical levy
amounts. Staff recommends approval of the resolution consenting to the HRA Tax Levy, which
provides the HRA the ability to fund ongoing and future redevelopment and home improvement
efforts.
Commissioner Backlund commented that once the preliminary levy is set in September by the City
Council and ceritifed to the County, it is his understanding that the amount cannot be increased prior
to final adoption in December but it could be decreased.
Joe Starks, Finance Director, commented that historically the HRA adopts a preliminary and final in
September.
Acting Chairperson Brueggemeier asked whether this would be an increase to what taxpayers are
paying, as the amount being levied would be slightly more than the previous year. Mr. Starks replied
that the amount charged to the property owner would remain the same or there could even be a
small decrease.
Commissioner Schwankl said she looked forward to using these funds in the community.
Motion by Commissioner Schwankl to adopt HRA Resolution No. 2023-13, Adopting a 2023 Tax Levy
Collectible in 2024. Seconded by Commissioner Backlund.
Upon a voice vote, all voting aye, Acting Chair Brueggemeier declared the motion carried
unanimously.
4. HRA Resolution No. 2023-14 Authorizing the Transfer of Loan Portfolio from Community
Reinvestment Fund (CRF) to the Center for Energy & Environment (CEE) for the Purpose of Servicing
Loan Portfolio
Mr. Bolin provided background information on loan servicing and the phased transition from CRF to
CEE. He stated that this action would move the remaining loans from CRF to CEE.
Commissioner Schwankl asked if the fees are comparable between the two entities.
Mr. Bolin commented that the City pays a fee to set up the loans, and the fees that impact the
borrower would be the application and underwriting, which remain the same. He stated that when
they previously compared CRF and CEE, CEE came in equal or less for each category.
Acting Chair Brueggemeier asked for the opinion of staff in working with CEE.
Mr. Bolin replied that the City has worked with CEE since 1996 and it has been a positive experience.
Housing and Redevelopment Authority 9/7/2023 Minutes Page 3
Motion by Commissioner Backlund to adopt HRA Resolution No. 2023-14 Authorizing Transfer of
Loan Portfolio from Community Reinvestment Fund (CRF) to the Center for Energy & Environment
(CEE) for the Purpose of Servicing Loan Portfolio. Seconded by Commissioner Schwankl.
Upon a voice vote, all voting aye, Acting Chair Brueggemeier declared the motion carried
unanimously.
Informational Items
5. Update on Housing Programs
Mr. Bolin reviewed the HRA loan program summary for August and year-to-date.
Adjournment
Motion by Commissioner Backlund to adjourn the meeting. Seconded by Commissioner Schwankl.
Upon a voice vote, all voting aye, Acting Chairperson Brueggemeier declared the motion carried and the
meeting adjourned at 8:16 p.m.
Respectfully submitted,
Melissa Moore
City Clerk