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Regular City Council Meeting Monday, September 14, 2015 Page 19 Theoretically, City Attorney Gaughan suggested that may create soine accounting nightmares; and based on his recollection of the current Roseville HRA by-laws as ainended, it would require the HRA Board to control modification or amend- ment of those by-laws further to inove down that path. While that could occur, Mr. Gaughan opined that it would get inessy real quick. Mayor Roe noted the reason he asked about that possibility was to inchide it as part of this broader discussion. If the HRA dissolution process was chosen as the preferred path, Councilmember Etten questioned if that didn't result in transferred HRA funds to a inore restricted account, and serve to restrict any remaining HRA fiinds from their current flexi- bility. Mr. Bilotta responded that it would restrict those funds for capital expenditures unless the City Council took action to counter-balance General Fund levy dollars to target those.needs (e.g. money allocated toward the City's capital improvement program — CIP). Councihnember Etten questioned how much money was allocated toward multi- family and single-family loan programs through the HRA and if a switch was made would it work and allow continuing those programs. Mr. Bilotta opined that it could be made to work. Mayor Roe suggested the path would be to move that HRA balance into the CIP and transfer CIP funds into the HRA Fund for EDA or PA purposes. Referencing the 2002 HRA meeting minutes when the HRA was first created (provided as a bench handout tonight and incorporated into the RCA and attach- ments), Councilmember Etten noted his concern in the purpose for that creation based on the huge housing stock needs then and now thirteen years later, those housing needs still significant if not greater, both for new and old housing stock. Councilmember Etten expressed his concern with the potential of losing that housing focus moving forward; as well as losing the current housing and devel- opment expertise and professionals serving the Roseville HRA. Rather than lose that expertise, Councilmember Etten suggested new people may be needed for a commission focusing on other needs such as economic development if that was the preference of the City Council going forward. If the City Council chose to take on the role itself, given the amount of time, research effort, and discussion spent by the Roseville HRA on those issues, Councilmember Etten questioned if the City Council could carve out sufficient time for those additional issues given the current length of City Council meetings and agenda items. Councilmeinber Etten opined that such a situation would require that the City Council give its staff a considerable amount of leeway and not second-guess or micromanage those ef-