HRA Minutes

April 20, 2010

A special meeting of the Hopkins Housing and Redevelopment Authority was held April 20, 2010, 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 Rick Getschow, Assistant Executive Director Kersten Elverum and City Attorney Wynn Curtiss.

  1. Call To Order
    The meeting was called to order at 7:17 pm.
  2. Open Agenda/Public Comments
  3. New Business
    1. ITEM 2010-06  Amendment to Marketplace & Main Agreement
      Ms. Elverum gave an overview of this item.  She explained the amendment was requested to address timing and financial issues.  Commissioner Brausen asked the developer to explain the timeline for the project.  Bill Beard, The Beard Group, indicated closing on the financing should occur in 60-90 days.

      Mayor Maxwell asked Bob Deike, attorney representing the City, if there was anything unusual about the agreement.  Mr. Deike indicated it was very straightforward.

      Commissioner Brausen moved, Commissioner Youakim seconded, to approve the Third Amendment to First Amended and restated Contract for Private Redevelopment between the Hopkins HRA and Marketplace Holdings, Inc. The motion was approved unanimously.
  4. Adjournment

    Commissioner Rowan moved, Commissioner Brausen seconded, to adjourn the meeting.  The motion was approved unanimously. The meeting adjourned at 7:28 p.m.

City of Hopkins logo (H with raspberry)City of Hopkins, Minnesota

Inspire. Educate. Involve. Communicate.