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HRA MinutesUNOFFICIAL MINUTES OF HOPKINS HRA REGULAR MEETING November 7, 2012 A regular meeting of the Hopkins Housing and Redevelopment Authority was held November 7, 2012, at Hopkins City Hall. Present were Chairman Eugene Maxwell and Commissioners Molly Cummings, Jason Gadd, Kristi Halverson and Cheryl Youakim. Also present were Executive Director Mike Mornson, Assistant Executive Director Kersten Elverum, Finance Director Christine Harkess and City Attorney Jerry Steiner. I. CALL TO ORDER The meeting was called to order at 7:20 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 2, 2012, regular meeting 2. Approve minutes of the October 16, 2012, special meeting 2. Approve disbursements through October 31, 2012 Commissioner Youakim moved, Commissioner Gadd seconded, to approve the consent agenda. The motion was approved unanimously. IV. NEW BUSINESS Item 2012-15 Modification to Tax Increment Financing Plan for TIF District No. 2-11 Ms. Harkess introduced the topic and Stacie Kvilvang of Ehlers & Associates, Inc., gave an overview of the six TIF districts and explained the analysis that was performed (TIF Management Plan). From seven recommendations, several actions were suggested. Ms. Kvilvang summarized the actions previously taken, including the five actions associated with this modification as detailed in Resolution 491. She explained the decertification of the parcel from District 2-11 and provided background. Minutes of the November 7, 2012, HRA Regular Meeting - Page 2 Commissioner Gadd moved, Commissioner Halverson seconded, to adopt Resolution 491, approving the modification to the Tax Increment Financing Plan for Tax Increment Financing District No. 2-11. The motion was approved unanimously. V. ADJOURNMENT Commissioner Cummings moved, Commissioner Youakim seconded, to adjourn the meeting. The motion was approved unanimously. The meeting adjourned at 7:40 p.m. Eugene J. Maxwell, Chairman Mike Mornson, Executive Director