HRA Minutes

June 19, 2012

A special meeting of the Hopkins Housing and Redevelopment Authority
was held June 19, 2012, at Hopkins City Hall. Present were Chairman
Eugene Maxwell, Commissioners Molly Cummings, Jason Gadd, Kristi
Halverson and Cheryl Youakim. Also present were Executive Director Mike Mornson, Public Housing Manager Stacy Unowsky, and City Attorney Jerry Steiner.

  1. Call To Order
    The meeting was called to order at 7:20 p.m.
  2. New Business
    1. ITEM 2012-09 Adoption of resolution regarding the Dow Towers elevator loan from MHFA
      Ms. Unowsky provided an overview of the Dow Towers elevator loan from MHFA. The HRA Board asked several questions related to the terms. Ms. Unowsky and Mr. Steiner answered the questions.

      Commissioner Halverson moved, Commissioner Cummings seconded, to adopt Resolution 488, approving the MHFA loan in the amount of $200,000 for the elevator work at Dow Towers. The motion was approved unanimously.
    2. ITEM 2012-10 Approve operating reserves litigation
      Ms. Unowsky explained the operating funding status for 2012 and the goals for the operating reserves litigation. The HRA members indicated they would like regular updates regarding this issue and further information on both NAHRO and PHADA. Ms. Unowsky will provide updates as the litigation efforts move forward.

      Commissioner Youakim moved, Commissioner Gadd seconded, to adopt Resolution 489, approving the support of the Operating Offset Litigation. The motion was approved unanimously.
  3. Adjournment
    Commissioner Halverson moved, Commissioner Gadd seconded, to adjourn the meeting. The motion was approved unanimously. The
    meeting adjourned at 7:42 p.m.