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Agenda-HRADECEMBER S M T W T F S 1 2 3 4 5 6 7 8 9 10 • 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 I. CALL TO ORDER JANUARY S M T W T F S 1 2 3 4 5 6 7 9 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 HOPKINS HRA REGULAR MEETING December 6, 2011 7:25 p.m. II. OPEN AGENDA - PUBLIC COMMENTS MAXWELL BRAUSEN HALVERSON ROWAN YOUAKIM MORNSON ELVERUM (Public must fill out a Speaker Request form. There is a three minute limit for each person.) • III. CONSENT AGENDA 1. Approve minutes of the November 1, 2011, regular meeting 2. Approve disbursements through November 30, 2011 Recommendation: approve consent agenda Board Action: IV. ADJOURNMENT Board Action: 0 MINUTES OF HOPKINS HRA REGULAR MEETING November 1, 2011 A regular meeting of the Hopkins Housing and Redevelopment Authority was held November 1, 2011, at Hopkins City Hall. Present were Chairman Eugene Maxwell and Commissioners Rick Brausen, Kristi Halverson, Bruce Rowan and Cheryl Youakim. Also present were Executive Director Mike Mornson, Assistant Executive Director Kersten Elverum, City Attorney Jerry Steiner and HRA Attorney Robert Deike. I. CALL TO ORDER The meeting was called to order at 7:30 p.m. II. OPEN AGENDA - PUBLIC COMMENTS No one from the public came forward to speak. III. CONSENT AGENDA 1. Approve minutes of the October 4, 2011, regular meeting • 2. Approve disbursements through October 31, 2011 3. ITEM HRA 2011-16 Decertification of Tax Increment Financing District 1-3, Resolution 481 Commissioner Rowan moved, Commissioner Halverson seconded, to approve the consent agenda. The motion was approved unanimously. IV. NEW BUSINESS 1. ITEM HRA 2011-17 Phase Note and Coverage Note for Cargill, Excelsior Crossings Ms. Elverum gave an overview of this item and explained that the HRA had agreed to provide TIF assistance to Phase III of Excelsior Crossings that was not fully supported by the TIF note previously approved by the HRA. The notes presented will be paid from excess tax increment and funds remaining in the reserve account, if available. This transaction was contemplated and approved through the Redevelopment Agreement. Robert Deike, attorney for the HRA, drafted the notes and confirmed that they conform to the Agreement. • Minutes of Regular HRA Meeting, November 1, 2011 - Page 2 . Commissioner Brausen moved, Commissioner Halverson seconded, to approve Resolution 482 authorizing the issuance of Phase Note and Coverage Note to Cargill Incorporated for the Excelsior Crossings project. The motion was approved unanimously. V. ADJOURNMENT Commissioner Brausen moved, Commissioner Halverson seconded, to adjourn the meeting. The motion was approved unanimously. The meeting adjourned at 7:35 p.m. Eugene J. Maxwell, Chairman Mike Mornson, Executive Director • • 11/16/2011 10:46 AM A / P CHECK REGISTER PAGE: 1 PACKET: 02286 HRA 11-16-2011 VENDOR SET: 01 BANK HRA HRA WELLS FARGO 0 CHECK CHECK CHECK CHECK VENDOR NAME / I.D. DESC TYPE DATE DISCOUNT AMOUNT NO# AMOUNT 17806 CENTURY LINK R 11/16/2011 012313 64.00 27274 CITY OF HOPKINS R 11/16/2011 012314 1,275.72 07711 FINKEN GREAT GLACIER WATER R 11/16/2011 012315 16.37 27200 HD SUPPLY FACILITIES MAINTENANCE R 11/16/2011 012316 106.65 10004 J.R.S ADVANCED RECYCLERS R 11/16/2011 012317 75.00 28503 MACE SECURITY PRODUCTS R 11/16/2011 012318 2,085.17 13446 MN DEPT LABOR & INDUSTRY R 11/16/2011 012319 20.00 14040 C. NABER & ASSOCIATES R 11/16/2011 012320 205.00 16453 PLUNKETTS R 11/16/2011 012321 23.51 19325 SIMPLEXGRINNELL LP R 11/16/2011 012322 300.96 27779 JOAN SKAFF R 11/16/2011 012323 25.93 SUN NEWSPAPERS R 11/16/2011 012324 94.38 22000 VAIL PLACE R 11/16/2011 012325 5,901.67 23008 WASTE MANAGEMENT OF WI-MN R 11/16/2011 012326 665.34 25080 XCEL ENERGY R 11/16/2011 012327 2,257.00 * * T 0 T A L S * * NO# DISCOUNTS CHECK AMT TOTAL APPLIED REGULAR CHECKS: 15 0.00 13,117.10 13,117.10 HANDWRITTEN CHECKS: 0 0.00 0.00 0.00 PRE-WRITE CHECKS: 0 0.00 0.00 0.00 DRAFTS: 0 0.00 0.00 0.00 VOID CHECKS: 0 0.00 0.00 0.00 NON CHECKS: 0 0.00 0.00 0.00 CORRECTIONS: 0 0.00 0.00 0.00 REGISTER TOTALS: 15 0.00 13,117.10 13,117.10 'OTAL ERRORS: 0 TOTAL WARNINGS: 0 ** POSTING PERIOD RECAP ** • FUND --_------PERIOD -------------- AMOUNT -- 001 11/2011 13,117.1OCR ALL 13,117.1OCR