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1 2 3 4 5 6 7 g 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 HRA Meeting Minutes — Monday, July 27, 2009 Page 4 Mr. Trudgeon recognized the annual challenges in presenting responsible budgets to provide services valued and requested by residents, and in light of ever-increasing employee health care and benefit costs. Chair Maschka noted various components of the strategic plan and their dollar figures (i.e., mulri-family loan program; work force down payment assistance); and if these concepts were not immediately feasible, whether the City Council would consider allowing the HRA to utilize its bonding authority to fund such initiarives. Member Pust opined that this would be a valuable discussion, and that conside �� ' n needed to be given to other deflators (i.e., cost of government), as well as fina and polirical considerations. ��G.`G"" �_. Mr. Trudgeon noted that the rarionale for updaring the strategic older programs had been completed, or were no longer relevant, � segments of the community needed to be reached, but tha �' " additional cost. Mr. Trudgeon opined that the HRA could.,��em� and not provide any additional innovations; howeverx `�aff di� adequately doing their jobs or sufficiently providin� port to community. was tha`C of the was evide Fer � elements came` an to maintain the st,�ius quo, � ot think they would be RA and needs of the Further discussion included whether budget reductions wer able cross the board or by delering or deferring specific programs; determination of th grams having the most impact for the community, and havin the highest priority vers ose with more discretion; public support of the Neighborhood t Program, and' progress to-date; and how to ,, identify which tools to eliminate or re '� issues currently before the HRA. Mr. Trudgeon noted those programs propos that r`"`: future costs and community impacts through their immediate implementa n .e., mu -family program at $250,000); and potentially phasing for some new progra G, ntil they become self-sustaining as revolving loan programs. Additional established how to en, through the va� HRA to make a d clarifyin�!�nrrent budget requests with those funds already ;d on line.�item annual budgets (i.e., revolving loan programs); �n�� ,zfi�the budget clarifying budget line items versus fund �quests as opposed to funds being conrinually replenished loan programs to keep them self-sustaining; and the need for the to provide resources for its program priorities. �i"��tssion related to t�� Har Mar Apartment project and funding sources, including restricted funds from Ramsey �`ounty provided in the HRA quarterly finance update and setting-aside of those funds over the last three (3) years for use specific to this project and represented as part of the $367,��0 carryover ($100,000 carryover for the last three years) for this project. � provided an example of the HRA levy funding single-family loans several years program became self-sustaining through funds generated from loan paybacks, with tely $200,000 currently in that fund. Mr. Trudgeon asked for a formal vote, if indicated, for the strategic plan update; and requested any additional guidance from the HRA to staff on the preliminaty budget before the HRA's August 31, 2009 meeting and formal recommendarion to the City Council. Motion: Member Majerus moved, seconded by Member Pust to approve the updated `Boseville HRA Strategic Plan 2008 — 2012" (Attachment A) as presented. Discussion ensued related to accepting the strategic plan update without accepring staff's proposed budget, with Mr. Trudgeon advising that the strategic plan was a stand alone