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Home My WebLink About1984 01-09 HRAP 11RA AGENDA CI'T'Y OF BR(Y:i7L,YN CENTER January 9, 1984 (Following Adjournment of the City Council. meeting) 1. Call to Order 2. Roll Call 3. Approval. of Minutes - December 19, 1983 4. Resolutions: a. Designating Depositories for 13RA Funds 5. Adjournment I1TI'1[1TFS) OF '? xil'. PROCf "'I)ITdGS OT' TIIF HOtJSIIWTG AND RIaDENRI UMt NT 01 11`11R' C TY 00 Pc OOKLYN CJ - 7, 1 1 T2 III 'flit' CUMNITY O`" IT `:DTI PJ:Ia AND THE STATE 01 I 1 I'1 ('0TA SP BEES I;CTA�i� ,. >�.,�� >ION DZ-`C'I"APQ 1 1933 CT`_iTY WIL CALF(;! TO O RD11Z RedeveloTment Author ty 2'.'.c"'t in spe ,ia- J session and was cKied to order by Chazr an. Dean ryquist at 8:44 p.m. ROL , CALL GJIiaa.i'- .,at Pean I`T;Tgaist, Co, "oi i ssioncrs Ceng Lhotka and- Rich Theis. Also pre sent were Hiffl Director Gerald S-1 J nter Direct;om of Public TIrks Sy knapp, Director of Finance Pau-. Iat lrl_i_aYld, Director of' Planning 41 inspection Qn Marren, City Attorney Richard S hi-of n A i � ve Assistant Tom Fuolitz. ti.c, a..i� �.illn.�.��ra:i;l,., ? yti'ui noted `Liiat Co;: = ~:i.ssi.of er ill 'this evening anti ? ?oa riot be i n attendance at � m aking, aril `tiI yK Cn "d- ` oner T I;ci.fiTes ?,Ta,, out of �t�o', and vTro,t:�I_C�. .x,13 th i:...- u_ �... also be absent from this evening's meei.i ng. APP RO.tI, OF M IT , ,,?T1FS, 21 1 ,.. There as a motion by Um il.ssionei l;tiotl a. and seconded by Commissioner Theis to approve the minutes of the TTovember 21, 1 983 Brooklyn Center Housing and Redevelopment A thor _ty meeting as submitted. Voting in favor: Mayor Nyquist, Coii'mi2sZoners 1hotka and Theis. Voting aZainst: none. The motion passed.. R -FSOLU - 7-198 T,O. f.t. ibn_ On ie Lit , introduced the following resolution and moved its adoption: RESOLLT FLINT APFROVIYG UNTE (1 ) HOSTS T G GRANT The rii: Lion for the ado`(`ticn of t 'CjZ r' ..nry resolut "ion 4TM =)S duly second. d by- 171er, Aber Rich Tb,ei.s and Upon vo l)e I. � `i";he fo I Cowin vE)I.ed in f,.N! thereo Dean. T �'quist, (gene Ll- ,otka, and n:t Cil T' `1e S y and the following Voted against the same: none' where'uppon. said resolution was declared duly passed and adopted. rC E.'e was d. motion by Commissioner Theis and Seconded by Commissioner Ihotka to adjourn the meeting. Voting; in favor: Chairman 71Yyrquist, Commissioners Lhotka and Theis. Voting again t: none. The motion passed. The Brooklyn Center Housing and Redevelopment Authority :a_d,journed at 8:45 p.m. -- 'ham aix�mai7 12 -19 -83 -1_- Member introduced the following resolution and moved its adoption: RESOLUTIOPd NO. RESO LUTION DESIGNATING DEPOSITORIES OF HRA !MTDS BE IT RESOLVED by the Housing and Redevelopment Authority of Brooklyn Center, Minnesota (BRA) that the First Brookdale State Bank be and is hereby designated as the depository for - the funds of the Housing and Redevelopment Authority of Brooklyn Center, Minnesota. BE IT FURTHM RESOLVED that the following named banks are hereby designated additional_ depositories to be used for investment purposes: First Tational Bank of Minneapolis FW Marquette National Bank of T'!inneapolis Northwestern National Bank of Minneapolis First National Band of St. Paul American National Bank of St, Paul Fidelity Bank and Trust Commpary Summit State Bank Camden Northwestern State Bark First Federal Savings & Loan Association Midwest Federal Savings & Loan Association Twin City Federal Savings &c. Loan Association The Executive Director is authorized to deposit 11RA funds in the named depositories - to the extent that repay^;ent is guaranteed by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation and such additional funds not to exceed the amount of 90% of collateral pledged to the BRA, and approved by the BRA, by said depository. BE IT FURTHER RFSOLITED that the persons authorized by the BRA to act for the BRA in any of its business with the depository are any persons holding office from time to time as Executive Director and City Treasurer. All checks drawn upon an account of the HRA shall be signed by both of the above designated persons. BE IT FURTHM RESOLVED that the Executive Director is Gerald G. Splinter and the City Treasurer is Paul W. Holmlund. Date Chairman The motion for the adoption of the foregoing resolution was duly seconded by member , and upon vote being taken theron, the following voted in favor thereof: and the following voted against the same: whereupon said resolution was declared duly passed and adopted.