AgendaHOPKINS HRA
AGENDA
Tuesday, September 6, 2022
6:30 pm
THIS AGENDA IS SUBJECT TO CHANGE
UNTIL THE START OF THE HRA MEETING
I. CALL TO ORDER
II. ADOPT AGENDA
III. CONSENT AGENDA
1. Approve Minutes of the August 1, 2022 regular meeting
2. Approve Minutes of the August 16, 2022 special meeting
3. Approve Disbursements through August 24, 2022
Recommendation: Approve Consent Agenda
IV. NEW BUSINESS
1. MHFA POHP Loan Repayment Agreement (HRA2022-04)
Recommendation: Adopt Resolution No. 546, approving to borrow a zero-interest forgivable loan
from the Minnesota Housing Finance Agency (MHFA) regarding the building system
improvements for Dow Towers.
2. Business Subsidy Agreement – Ovation Apartments (HRA2022-03)
Recommendation: Approve the Business Subsidy Agreement between Ovation Apartments, LLC
and the Housing and Redevelopment Authority of the City of Hopkins.
3. Loan Agreement – Ovation Apartments (HRA2022-05)
Recommendation: Approve the Loan Agreement between Ovation Apartments, LLC and the
Housing and Redevelopment Authority of the City of Hopkins.
4. Loan Agreement – Blake Road Station (HRA2022-06)
Recommendation: Approve the Loan Agreement between the Hopkins Housing and
Redevelopment Authority and TF Hopkins, LLC.
V. ADJOURN