Housing and Redevelopment Authority Meeting

CITY OF MARSHALL HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES Tuesday, March 08, 2022 The special meeting of the Housing and Redevelopment Authority was held on March 8, 2022 in the Council Chambers at City Hall, 344 West Main Street. The meeting was called to order at 5:15 P.M. by Chairman Robert Byrnes. In addition to Byrnes the following members were present: Craig Schafer, John DeCramer, and James Lozinski. Absent: Steve Meister and Russ Labat. Staff present included: Sharon Hanson, Executive Director; Dennis Simpson, City Attorney; Jason Anderson, Director of Public Works/ City Engineer; Lauren Deutz, Economic Development Director; E.J. Moberg, Director of Administrative Services and Kyle Box City Clerk. Consider approval of the minutes from the special meeting held on February 22, 2022. Motion made by Board Member Schafer, Seconded by Board Member DeCramer that the minutes of the special meeting held on February 22 , 202 2 , be approved as filed with each member and that the reading of the same be waived. Voting Yea: Chairman Byrnes, Board Member Schafer, Board Member DeCramer, Board Member Lozinski. The motion Carried. 4-0 Conduct a Public Hearing for the Block 11 Redevelopment Project. Staff is recommending the sale of Block 11 (Parcel 27-677199-0 and 27-677129-0) to Block 11 Marshall, LLC (CBC Fischer Group) for the purchase price of $400,000. Purchase Agreement and land sale are contingent on the approval of Tax Increment Financing which will be brought to council in April. The Purchase Agreement provided was drafted by Attorney Simpson and reviewed by Kennedy and Graven. City Attorney Dennis Simpson provided the background material for the public hearing. There was clarification made that the property located within the project area will be replated into three parcels and that the property would be sold for $1.00 with a purchase price note in the amount of $399,999.00. The Purchase agreement will be amended to reflect this change. Motion made by Board Member Schafer, Seconded by Board Member DeCramer to Close the Public Hearing. Voting Yea: Chairman Byrnes, Board Member Schafer, Board Member DeCramer, Board Member Lozinski. The motion Carried. 4-0 Motion made by Board Member DeCramer, Seconded by Board Member Lozinski To Approve the Purchase Agreement to Block 11 Marshall, LLC (CBC Fischer Group) for the purchase price of $400,000. Voting Yea: Chairman Byrnes, Board Member Schafer, Board Member DeCramer, Board Member Lozinski. The motion Carried. 4-0  Housing and Redevelopment Authority Meeting March 08, 2022 Minutes Page 2 of 2 Adjourn At 5:23 P.M., Motion made by Board Member Schafer, Seconded by Board Member Lozinski to adjourn. Voting Yea: Chairman Byrnes, Board Member Schafer, Board Member DeCramer, Board Member Lozinski. The motion Carried. 4-0 ____________________________ Robert J. Byrnes Chairman ATTEST: ___________________________ Sharon Hanson Executive Director