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HRA Regular Session 5. 1. Meeting Date: 10/11/2011 By: Heidi Nelson, Administrative Services Title: Designate Executive Director as HRA's Representative to the RTC Master Association Background: As HRA members will recall, a Master Association was created for Ramsey Town Center by the former Master Developer for the project. The Master Association documents were filed against properties in the project in the form of a Master Declaration. Since the time of the HRA's acquisition of 150 acres in the project, there has been discussion regarding the future of the Master Association. In recent weeks, a meeting of the membership of the Association has been held and an effort is beginning to formally determine membership and voting rights. At some point in the near future, it is anticipated that a formal meeting of the membership will be called in order to take action on the membership and voting rights, and thus, a formal representative of the HRA as landowner to the Master Association should be established. Observations: The Master Association document is attached for HRA reference. Recommendation: Staff is recommending that the HRA Executive Director be designated as the HRA's representative to the RTC Master Association. The HRA's legal counsel Tom Bray of Briggs and Morgan is recommended to continue in his role representing the HRA with regard to matters concerning the RTC Master Association. Funding Source: HRA legal budget. Council Action: HRA Action: Deisgante the HRA Executive Director as the HRA's representative to the RTC Master Association. Designate HRA's legal counsel Tom Bray of Briggs and Morgan to represent the HRA with regard to matters concerning the RTC Master Association. Master Association Document Attachments Form Review Inbox Reviewed By Date Heidi Nelson (Originator) Heidi Nelson 09/30/2011 10:11 AM Form Started By: Heidi Nelson Started On: 09/30/2011 09:19 AM Final Approval Date: 09/30/2011