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HomeMy WebLinkAbout2010-09-08 HRA Minutes MINUTES OF THE MAPLEWOOD HOUSING AND REDEVELOPMENT AUTHORITY 1830 COUNTY ROAD BEAST, MAPLEWOOD, MINNESOTA WEDNESDAY, SEPTEMBER 8,2010 I. CALL TO ORDER Chairperson Pearson called the meeting to order at 7:00 p.m. II. ROLL CALL Commissioner Je Moua Chairperson Gary Pearson Commissioner Colleen Thompson Commissioner Joy Tkachuck Vice-Chairperson Beth Ulrich Present Present Absent Absent Present Staff Present: Tom Ekstrand, Senior Planner III. APPROVAL OF AGENDA Vice-Chairperson Ulrich moved to approve the September 8. 2010. aqenda as presented. Commissioner Thompson seconded. Ayes - All The motion passed. IV. APPROVAL OF MINUTES Vice-Chairperson Ulrich moved to approve the minutes of the Auqust 11. 2010. meetinq as presented. Commissioner Thompson seconded the motion. Ayes - All The motion passed. V. UNFINISHED BUSINESS None September 8, 2010 Housing and Redevelopment Authority Meeting Minutes 1 VI. NEW BUSINESS a. Public Hearing Staff explained the request by Hill Murray High School that the HRA amend the $3.3 million Education Facilities Review Note, which was approved under the HRA's bonding authority for the purchase of property and improvements at the school. Jacquie LaMonica, CFO of Hill-Murray High School, and Mary Ippel, of Briggs and Morgan, addressed the Commission with details of the request. Vice-Chairperson Ulrich moved to adopt the resolution approving the amendment to the $3.3 million revenue note previously issued to Hill-Murray High School to change the first adjustment date from December 10, 2010, to August 10, 2010. This change will reduce the interest rate from 5% to 4.5%. Motion was seconded by Commissioner Pearson. Ayes - All The motion passed. VII. VISITOR PRESENTATIONS None VIII. COMMISSION PRESENTATIONS None IX. STAFF PRESENTATIONS None X. ADJOURNMENT The meeting was adjourned by consensus at 7:08 p.m. September 8, 2010 Housing and Redevelopment Authority Meeting Minutes 2