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City of Roseville - Housing & Redevelopment Authority Meeting Minutes for July 15, 20...Page 4 of 6 noted none at this time. Motion: Member Scheunemann moved, seconded by Member Marks to approve by resolution the purchase of 5 Applewood Pointe single family lots and direct the executive director to finalize a purchase agreement between the HRA and United Properties for signature by the HRA Chair. Ayes: 3 Nays: 0 Abstain: 1 (Kelsey) Motion carried Motion: Member Marks moved, seconded by Member Scheunemann, a motion directing the Executive Director to establish criteria for the sale of the homes to first time buyers with incomes at or below 80% of median income and to target Roseville police, firefighters and/or teachers in the Roseville\Mounds View School Districts. Ayes: 4 Nays: 0 Motion carried Consider a request to the Roseville City Council to apply the tax increment revenue c. generated (TIF District #12) by Applewood Pointe to the HRA to fund housing programs for the City of Roseville. Chair Majerus requested a verbal summary by Executive Director Bennett of the staff report dated 7/15/03. HRA Attorney noted that a finance plan amendment will need to be determined by the City Council before the TIF funds can be used but there is flexibility for its use within District #12 based upon the date it was established. He also mentioned that under the current structure of the City, acting as a Port Authority, the TIF District could not be transferred to the HRA directly. However, the City can contract with the HRA for projects requested by them. Member Kelsey noted that the TIF proceeds from this project should help to support affordable housing and that the Council should consider this request in their evaluation of use for the funds. Motion: Member Kelsey moved, seconded by Member Marks, to request that the Roseville City Council allocate a percentage of TIF District #12 revenue for 10 years to the HRA to recapture its investment in the development of the affordable single family homes and to use it for eligible housing program purposes beginning in 2005, and direct the HRA Executive Director to relay the HRA request to the City Council prior to the end of July 2003. Ayes: 4 Nays: 0 Motion carried Discussion/Reports and Non-Action Items (moved to after item 7.a.) 9. Discussion of Minnesota Housing Finance Agency Programs http://archive.ci.roseville.mn.us/council/hra/minutes/2003/hram030715.htm3/25/2010