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Regular City Council Meeting <br /> Monday, October 08,2012 <br /> Page 11 <br /> volving Loan Fund, currently not being used, allowing the HRA to utilize those <br /> funds for HDR without carrying costs. While the HRA could bond for the fi- <br /> nancing as well, Ms. Kelsey advised that the HRA preferred not to do so to <br /> avoid any carrying costs and limiting income in that fund balance. Ms. Kelsey <br /> noted that the fund restrictions allowed for its use for a broad variety of housing <br /> options. <br /> At the request of Councilmember Pust, Chair Maschka advised that Phase II for <br /> the HRA would include discussions with School District No. 623 regarding the <br /> former Owasso School site; with Member Majerus (also serving as a member of <br /> the School Board) advising that dates for scheduling a meeting for those discus- <br /> sions were underway but remained pending. Chair Maschka noted that the <br /> HRA had gotten close to discussions in the past, however, he recognized that <br /> the School Board's priorities changed frequently due to budget and other issues <br /> that arose. <br /> Mayor Roe noted that demolition had been scheduled of the current structures <br /> on that site by year-end 2012. <br /> HRA Action Plan Review and Discussion <br /> Chair Maschka noted the provision of an updated HRA Strategic Action Plan <br /> (Attachment B), updated from previous discussions with the City Council, and <br /> at their suggestion,providing more detail on those proposed actions. <br /> Chair Maschka noted recent comments of Ms. Peg Kennedy, with the Roseville <br /> School District, that this year had found the largest increase in some time of <br /> young, white families moving into Roseville. While not sure of the reason for <br /> this movement, Chair Maschka expressed encouragement that a lot of young <br /> families were moving into the community again, evidenced in numerous neigh- <br /> borhoods. Chair Maschka expressed his hope that this was in part due to the <br /> marketing campaigns initiated by the HRA (e.g. Living Smarter). <br /> Mayor Roe noted that those young families were not just White, but also in- <br /> cluded other ethnicities as well, continuing to include many diverse families. <br /> In addressing the action plan, Councilmember McGehee noted the proposed <br /> demolition of the fire station project as a major project; as well as the proposed <br /> multi-family licensing project, both of which she supported. However, Coun- <br /> cilmember McGehee questioned if taking on another major project at this time <br /> by the HRA, such as rehabilitation and/or demolition of existing homes or clear- <br /> ing those lots, was a good idea at this time, or if it would prove to be too much <br /> as well as being another cost to taxpayers at this time. <br /> While recognizing the concerns of Councilmember McGehee, on behalf of the <br /> HRA Board and from a standpoint of priorities, Chair Maschka noted that the <br />