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HRA Meeting Minutes – Tuesday, April 17, 2012 Page 2 1 Motion: Member Majerus moved, seconded by Member Willmus to approve the Consent Agenda 2 as presented. 3 4 Ayes: 6 5 Nays: 0 6 Motion carried. 7 8 3.Public Hearings 9 None. 10 11 4.Presentations 12 13 a.Steve Bubal, HRA Attorney 14 Executive Director Patrick Trudgeon introduced HRA Attorney Steve Bubal; and Chair 15 Maschka welcomed Mr. Bubal. 16 17 Mr. Bubal provided an overview of the powers of a Minnesota HRA and comparisons with 18 potential evolution of an HRA into a different organization such as an Economic Development 19 Authority (EDA), or Port Authority. Mr. Bubal’s written general summary was provided in 20 written format as part of the meeting agenda packet, and dated April 2012. Specific powers 21 related to housing, and redevelopment were addressed by Mr. Bubal; as well as powers under 22 an EDA or Port Authority role; and the HRA’s jurisdiction separate from and/or in cooperation 23 with the City Council. Mr. Bubal reviewed levy restrictions and bonding considerations of an 24 HRA, and applicable legislation. 25 26 Executive Director Trudgeon asked if it was common for cities to have a separate EDA and 27 HRA; and if so, was this for the ability to collect more levy dollars. 28 29 Mr. Bubal responded that HRAs were originally created by MN Statute in the 1940’s, with the 30 Roseville HRA being one of the more recent HRAs enabled. Mr. Bubal advised that most 31 cities having previously and historically had HRA authority, have now created EDAs, some 32 with both and allocation of responsibilities according to their charges. Mr. Bubal advised that 33 HRAs typically focusing on housing, with EDAs focusing more broadly on economic 34 development, redevelopment, tax increment financing, and other tools. Mr. Bubal used the 35 City of Columbia Heights as an example of a city with both and HRA and an EDA; and their 36 ownership and operation of low-income rental housing. Mr. Bubal noted that EDAs had a 37 separate limit, by State Statute, for levies funded based on market values, and incorporated into 38 the City Council’s levy specific to the EDA, but not separate. Mr. Bubal advised that an EDA 39 had all the powers of an HRA with that exception. 40 41 Mr. Bubal noted that an EDA could sell bonds, with the consent of the City Council, and under 42 State Statute, Chapter 475. 43 44 In reviewing Port Authorities, Mr. Bubal noted that they can be established only through 45 special legislation, with approximately twenty (20) throughout the State of MN, of which 46 Roseville was one. Mr. Bubal advised that this Port Authority power in Roseville was unique 47 in that it was not a separate body, but allowed the City Council to exercise the powers of a Port 48 Authority through levying and bonding powers. 49 50 Mr. Bubal suggested that, if the HRA’s intent was to continue focusing exclusively on 51 housing, the HRA would suffice for the City of Roseville. However, if their intent was to 52 pursue a broader vision, they could create an EDA, with that body serving as the consolidated 53 development entity for housing and redevelopment, with Port Authority powers available if 54 needed. 55