06/12/12 - Laserfiche WebLink

Home

City Attorney Goodrich advised that under Minnesota Statutes, the meeting can move into closed session to discuss confidential or non- public appraisal data and acquisition negotiations. He indicated closed session discussion will relate to an offer to purchase a single - family HRA- owned lot described as being in the northwest quadrant of Zeolite and Bunker Lake Boulevard. The closed session will be tape recorded and that tape will be maintained for a period of eight years. Motion by Commissioner Ramsey, seconded by Chairperson McGlone, to move to closed session to discuss acquisition negotiations. Motion carried. Voting Yes: Chairperson McGlone, Commissioners Ramsey, Backous, Strommen, Tossey, and Wise. Voting No: None. Absent: Commissioner Elvig. The HRA meeting moved into a closed session at 10:01 p.m. The HRA reconvened in open session at 10:18 p.m. It was noted that Commissioner Tossey was not in attendance. Motion by Commissioner Wise, seconded by Commissioner Backous, to approve the Purchase Agreement and authorize staff to execute Purchase Agreement and related documents and approve authorizing the preparation of engineering documents to complete the development, subject to review and approval by Attorney. Motion carried. Voting Yes: Chairperson McGlone, Commissioners Wise, Backous, Ramsey, and Strommen. Voting No: None. Absent: Commissioner Elvig and Tossey. 5.04: Review COR History and Exit Strategy City Administrator Ulrich reviewed the staff report. The HRA considered the history information and noted several corrections to reference the 2006 to 2007 Ramsey3 process and $50,000 grant. It was also suggested including additional information relating to the RFP process used when Landform was hired and correctly reference the property as the Ramsey Town Center prior to rebranding as The COR, possibly creating differentiation by using a different color. Commissioner Ramsey requested additional detail and meeting minutes from 2009 when the Council discussed its rationale to become involved in purchasing the Ramsey Town Center. He noted that to determine exit strategy, the HRA needs to first understand why the City got involved. Commissioner Strommen asked if the purpose is for the HRA's information, to show the story to the public, or to market the property. Commissioner Wise stated he wants to assure transparency so the public understands what is going on with their money. Housing and Redevelopment Authority / June 12, 2012 Page 4 of 6