HomeMy WebLinkAbout1975 08-04 HRAMMINUTES OF THE PROCEEDINGS OF THE HOUSING AND
REDEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN
CENTER IN THE COUNTY OF HENNEPIN AND THE STATE
OF MINNESOTA
SPECIAL SESSION
AUGUST 4, 1975
CITY HALL
Call to Order The Brooklyn Center Housing and Redevelopment Authority
met in special session and was called to order by Chairman
Philip Cohen at 7:30 p.m.
Roll Call Chairman Cohen, Commissioners Jensen, Fignar and
Kuefler. Also present were City Manager Donald Poss,
Director of Public Works James Merila, Director of Finance
Paul Holmlund, Director of Planning and Inspection Blair
Tremere, City Attorney Richard Schieffer and Administrative
Assistants Ron Warren and James Lacina
Approval of Minutes Motion by Commissioner Kuefler and seconded by
1-6-75 Commissioner Jensen to approve the minutes of the
January 6, 1975 meeting as submitted. Voting in favor were:
Chairman Cohen, Commissioners Kuefler, Fignar and Jensen.
Voting against: none. The motion passed unanimously.
Designation of The City Manager reviewed two resolutions designating the
Depositories for Brooklyn Center State Bank and the Marquette National Bank
HRA Funds as depositories for HRA funds. A brief discussion ensued
as to whether these banks were participants in the low
interest home loan and rehabilitation loan projects estab-
lished by the Minnesota State Housing Finance Agency.
The City Manager stated that he did not know if either, of
these banks were participants.
Chairman Cohen stated his opinion that the Commission
should deposit HRA funds in those lending institutions that
were participants in this program if possible. The City
Manager stated that designation of depositories was a
rather flexible procedure and could be changed when
participating lending institutions were located.
Commissioner Fignar inquired as to the amount of money
received for the HRA fund. The Director of Finance
responded that to date $3,000 has been received of approxi-
mately $33,000 anticipated.
RESOLUTION Member Tony Kuefler introduced the following resolution and
NO. 75-1 moved its adoption:
RESOLUTION DESIGNATING THE BROOKLYN CENTER STATE
BANK A DEPOSITORY OF HRA FUNDS
The motion for the adoption of the foregoing resolution was
duly seconded by member Robert Jensen, and upon vote
being taken thereon, the following voted in favor thereof:
Philip Cohen, Tony Kuefler, Bill Fignar and Robert Jensen;
and the following voted against the same: none, whereupon
said resolution was declared duly passed and adopted.
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Member Bill Fignar introduced the following resolution and
moved its adoption:
RESOLUTION DESIGNATING THE MARQUETTE NATIONAL
BANK A DEPOSITORY OF HRA FUNDS
The motion for the adoption of the foregoing resolution was
duly seconded by member Tony Kuefler, and upon vote being
taken thereon, the following voted in favor thereof: Philip
Cohen, Tony Kuefler, Bill Fignar and Robert Jensen; and the
following voted against the same: none, whereupon said
resolution was declared duly passed and adopted.
Motion by Commissioner Jensen and seconded by
Commissioner Kuefler to adjourn the meeting. Voting in
favor were: Chairman Cohen, Commissioners Kuefler,
Fignar and Jensen. Voting against: none. The motion
passed unanimously. The Brooklyn Center Housing and
Redevelopment Authority adjourned at 7:40 p.m.
RESOLUTION
NO. 75-2
Adjournment
I a~ /
Chairman
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