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REDA Meeting Minutes — Monday, June 21, 2016 Page 3 At the request for clarification by Member McGehee, Finance Director Miller advised that at some point, the REDA would need to adopt their 2017 budget to establish an EDA levy or identify some other funding source far ongoing operations. At the request of Member Willmus, Executive Directar Trudgeon advised that funds for the Cope Avenue property sale had ended up in the REDA's multi- family and housing program. As the RHRA, Member Willmus noted that they received a colored, line-item report of expenditures and revenue, with salaries broken down by person, and other more finite details available. Finance Director Miller advised that while not prepared in such detail for tonight's discussion, depending on REDA feedback and direction, staff would provide more or less information, or package it as found most helpful. Member Willmus requested the former RHRA detail, whether or not the entire REDA wanted that amount of detail; using the colored breakdown as used for the RHRA. Member Laliberte asked for that detail as well, as much as possible in order to decide the best use of items, or to determine if any items are duplicated, and impacts for adding or subtracting programs or dollar amounts. President Roe stated his interest in the detail from his point of view for personnel costs per person to inform the REDA's future discussion and policy decisions. President Roe suggested as much detail may not be required tonight as this reflects 2016; but he would expect more detailed information as provide to the RHRA in the past once the REDA moved forward. Executive Directar Trudgeon advised that staff would provide that information for future presentations. Interim Community Development Director Kari Collins noted the information had since been updated to provide a more accurate picture than even that used for submittal to the RHRA, based on the information provided by Finance Director Miller. Ms. Collins noted that former Community Development Director Paul Bilotta had consolidated that RHRA information as part of that past submittal. At the request of Member Laliberte, Executive Director Trudgeon clarified that the Hamline Avenue sale funds had been allocated to the Housing Replacement Program.