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with CommonBond. Staff also recommends payment to Landform Professional Services, per the agreement, in the amount of $5,000. Motion by Commissioner LeTourneau, seconded by Commissioner Riley, to authorize entering into a Purchase Agreement with CommonBond and to pay Landform Professional Services, per the agreement, in the amount of $5,000. Further discussion: Chairperson Backous addressed the $250,000 subsidy request and explained that Anoka County HRA levies taxes from Ramsey's residents. The money is set aside for projects that the HRA feels are appropriate. Chairperson Backous explained how Anoka County HRA funds are used and stated he finds this subsidy to not be an inappropriate use of those funds. Commissioner Tossey stated he does not believe Ramsey's residents will see a benefit or offsetting of taxes because this project is part of a TIF District. He voiced objection to always approving subsidy requests and indicated he would oppose this motion. Commissioner Riley stated Anoka County HRA collects these funds so the City's residents have already been taxed, will not get it back, and this is how those funds can be used. He stated this project involves housing, this is an appropriate use for Anoka County HRA funds, and would result in the HRA selling this land. In addition, additional rooftops will be created that will be good for businesses within The COR. Commissioner Riley stated his number one issue is to get the City out of the business of owning the land and this is one of the most important ways of doing that. Chairperson Backous agreed this is in a TIF District, but noted that taxes are forever so it will come back to the citizens. Commissioner Kuzma stated CommonBond will be a good addition to Ramsey so he supports the motion. Motion carried. Voting Yes: Chairperson Backous, Commissioners LeTourneau, Riley, and Kuzma. Voting No: Commissioner Tossey. Absent: Commissioners Johns and Strommen. 5.02: Review Draft Purchase Agreement between the City of Ramsey HRA and Casey's General Store Executive Director LaFrance reviewed the staff report and indicated the HRA received a Purchase Agreement from Casey's General Store to develop a convenience store at the southwest corner of Ramsey Boulevard and Sunwood Drive NW. It is estimated this project will require 1.37 acres. Casey's has not requested any City subsidy assistance. He advised that under Minnesota Statutes 13D.05, Subd. 3, the meeting can move into Closed Session to discuss adjustments to the Purchase Agreement and give direction to negotiate this sale. The HRA indicated it did not desire to move into Closed Session. Executive Director LaFrance presented the terms of the Purchase Agreement and indicated a copy is available for the public and will be posted to the City's website. Staff recommended amending the Addendum to add formal Design Review through Site Plan approval by the Planning Commission and City Council and to remove the Special Service Area to keep that tool open for the future. HRA Executive Director LaFrance requested feedback for additional revisions, which will be incorporated into a Final Purchase Agreement for review at the May 27, 2014 meeting. Housing and Redevelopment Authority/ May 13, 2014 Page 3 of 5