Laserfiche WebLink
b.Consider letter of support to CCHT for funding of Har Mar Apartments <br />renovation in 2007 <br />n October 17, 2006, the Roseville HRA approved by motion <br />Ms. Bennett noted that o <br />support for allocating $250,000 funding to the Central Community Housing Trust to <br />assist with the rehabilitation of the Har Mar Apartments. This funding was to come from <br />the HRA’s restricted funds which must be used for projects that serve low-moderate <br />income persons. The method of providing this funding to the project had not been <br />determined as CCHT was unable to secure tax credit funding and the project has been <br />delayed. <br />Gina Ciganik with CCHT provided a summary of their plans for other funding requests and noted <br />s part of that process, CCHT needs to demonstrate that they have financial <br />that a <br />commitments from other funding sources, particularly the local community that the <br />project is located in. Ms. Ciganik would like the HRA to provide CCHT with an updated <br />letter of support for the $250,000 in restricted funding to make their fund raising efforts <br />stronger. <br />Chair Majerus noted that the letter of support would not address how the funds would be <br />structured and wanted CCHT’s commitment that as the project moves forward and <br />additional review takes place that outside fees must be covered by CCHT. (Yes, CCHT <br />agreed). <br />Community Development Director Stark noted that the City staff have met several times <br />with CCHT on the project and are excited to work on the renovation of Har Mar <br />Apartments. <br />Motion: Member Elkins moved, seconded by Member Pust, to provide CCHT with a letter of <br />commitment for the $250,000 in restricted funding approved in October 17, 2006. <br />Ayes: 4 <br />Nays: 0 <br />Abstain: 1 (Kelsey) <br />Motion carried. <br />c.Consider Staff Options for 2007 <br />Mr. Stark summarized the memo regarding three different options for the Executive <br />Director position for the HRA. However, he noted that the administrative services <br />component would remain the same. The HRA could choose to act on that component at <br />this time and the Executive Director component at a later date when additional <br />information on the impacts is collected. He noted that it is up to the HRA to make that <br />decision. <br />Chair Majerus noted that he has met with the City regarding staffing issues for 2007 and <br />that no resolution has been made regarding the Executive Director position. The City <br />Manager committed to a recommendation by the March meeting. Therefore, Chair <br />3 <br /> <br />