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<br />Motion carried. V oting Yes: Chairperson Olson, Commissioners Gamec, Elvig, Dehen, and <br />Strommen. Voting No: None. Absent: Commissioners Jeffrey and Look. . <br /> <br />HRA BUSINESS <br /> <br />Case #1: <br /> <br />Adopt Resolution Approving Proposed 2009 HRA Levy <br /> <br />HRA Executive Director Sylvia Frolik stated it is the time of year where the City needs to adopt <br />the 2009 HRA levy. She stated that staff is recommending that the levy be kept the same as last <br />year in the amount of $312,443 which for a home valued at $200,000 translates to about <br />$26/year. She noted that the proposed 2009 budget is attached for the Commission to review. <br /> <br />Commissioner Elvig asked what the fund balance is currently for the HRA. <br /> <br />HRA Executive Director Sylvia Frolik stated that at the end of2008 it will be around $389,127. <br /> <br />Commissioner Elvig stated that he would like to get a handle on how this fund balance is being <br />spent. <br /> <br />Executive Director Frolik stated that the detailed breakdown was listed on page 13 of the <br />attached budget. She stated that about $90,000 of the fund is used to pay half the salary for the <br />Executive Director and halfthe salary for a planner.. <br /> <br />Commissioner Elvig asked if there were any big projects coming up that the remainder of the <br />funds may be used for. <br /> <br />Executive Director Frolik stated that there was been discussion about a possible home buyer <br />assistance or rehabilitation program. She stated that in looking ahead, the City wants to be ready <br />for 2010. <br /> <br />Commissioner Gamec stated that many communities are looking at blighted areas being created <br />in the years 2010 and 2011 because of the foreclosure issues. <br /> <br />Commissioner Look arrived at the meeting. <br /> <br />Commissioner Gamec stated that the City has tried to clean up certain areas of the City with the <br />abatement process, but he thinks the areas that are hit by foreclosures won't be taken care of. He <br />stated that he foresees quite a burden on the City in the coming years, especially in single family <br />homes. He stated that he doesn't See this as such a big problem with townhomes because they <br />have maintenance fees that keep the grounds taken care of. He stated that he sees the HRA funds <br />beingused to help take care of some of these blighted areas in the City. <br /> <br />Commissioner Dehen stated that townhomes pay monthly association dues, so if one of the units <br />is vacant, there are provisions that a lien is put on the property and the bank would ultimately be <br />responsible for those fees once the property is sold. He asked if the City used those funds to take <br />care of some problems, whether the City would eventually get that money back. <br /> <br />Housing and Redevelopment Authority / August 26, 2008 <br />Page 2 of 10 <br /> <br />2 <br />