Loading...
City Council Agenda Packet 09-27-1995 SpecialAGENDA SPECIAL MEETING - MONnCELLD CITY COUNCitL Wednesday, September 27, 1996 - 7 p.m. Mayor. Brad F yle Council Members: Shirley Anderson, Clint Herbst, Tom Perrault, Brian Stumpf HRA Chairperson. Al Larson EDA Chairperson: Ron Hoglund IDC Officers: Chairperson Kevin Doty and Vice Chairperson Ken Maus Attorney at Law: Steve Bubul 1. Call to order. 2A Historical review of the establishment of the Monticello HRA, EDA, and IDC. 2B. Review options for structuring economic development organisation (see chart). 2C. Statutorial overview of the powers of an HRA and EDA - Steve Bubul presentation. 1. Comparison of the functions, powers, and duties of an HRA and EDA. 2. Comparison of the levy powers of an HRA and EDA. 3. Comparison of the composition, appointment, and terms of HRA commiasionets and EDA commissioners. 3. Discussion: What role should the IDC play in the organization? 4. Summary and recommendation. b. Adjournment. ECONOMIC DEVELOPMENT ORGANIZATION STRUCTURE OPTIONS OPTION 2: COMBINE EDA/HRA OPTION 1: IDC AS SUBCOMM FACT§ AND DECI�IQN FACTORS, NO CHANGE OF NEW EDA Powers and duties SAME SAME Projected number of regular meetings per year HRA 12 0 EDA 4 12 IDC 12 4 Total 28 16 Projected number of people actively Involved (in addition to Council Members) HRA 5 0 EDA 5 5 IDC 15 15 T�ta,l 25 29 Staff efficiency staff time In mlas - wdUng anendas/minutes + Coordination of Mancina oackagIR1 + Number of citizens Involved + Best match of ornanlzatlon duties with authority + Best linkage between City Council and economic development programs and Ideal + HRA.WK4: 09/21/85 Special Council Agenda - 8/27/85 IEA. Iffistwdeal review EDA. (O -R) HOUMNIG AND REDEVEL.OPM6NP AUTHORnT A public hearing and a resolution declaring the need for a Housing and Redevelopment Authority in and for the City of Monticello was adopted in November 1870 by Mayor Schleif and Councilmembers Martie, Sandberg, Swanberg, and Maus. A Council resolution adopted in March 1971 appointed the commissioners of the HRA: Arve Grimamo, Gloria LaBau, Roman Brauch, Vern Smedstad, and William Johnson. The HRA commissioners adopted Resolution No. 1 organizing the said HRA, Resolution No. 2 adopting bylaws of the said HRA, and Resolution No. 9 adopting a seal for the HRA in April 1971. ECONOMIC DEVEWPMENP AUTHORITY A public hearing of the City Council found the establishment of an EDA to be in the beat interest of the City. On April 10, 1989, Mayor Maus and Councilmembere Fair, Fair, Smith, and Blonigen adopted Ordinance Amendment No. 172 deleting the Industrial Development Commission and establishing an EDA. The Council appointed the commissionere of the EDA: Ron Hoglund, Barb Schwientek, Bob Moaford, Al Larson, Harvey Kendall, Warren Smith, and Fran Fair. Additionally, the Council adopted the GMEF Guidelines and the Joint Powers Agreement. The EDA commissioners adopted resolutions approving the EDA Bylaws, organising the EDA, and approving the Joint Powers Agreement on April 9, 1990. COMPARISON OF EDA AND HRA POWERS AND COMPOSITION GENERAL POWERS HRA: M3naesota Statutes, Sections 469.001 to 469.047 (HRA Act) • Establish and operate redevelopment projects; housing development projects (for low and moderate income persons); and housing projects (for low income persons). • Acquire and convey real or personal property. • Issue bonds for any corporate purposes, secured by mortgages upon property held by the HRA and HRA revenues; may also be secured by City general obligation pledge for certain qualified housing development projects. • Develop and administer interest reduction programs for low and moderate income housing. • Develop and adminibter housing rehabilitation loan and grant program for low and moderate income persons. • Administer a commercial rehabilitation loan program, if so authorized by City ordinance. • Make loans for any purpose the HRA is otherwise authorized to carry out. EDA: M Unnesota Statutes, Sections 460.090 to 469.1081 (EDA Act) • Exercise the powers of an HRA under the HRA Act; the powers of a city under Sections 469.124 to 469.134; and the powers of an EDA under the EDA Act; the powers and duties of a redevelopment agency under Sections 499.152 to 469.195 for a purpose in the HAA Act or EDA Act; and the powers and duties under the HRA Act and the EDA Act for a purpose in Sections 499.152 to 499.165; all subject to any limitations set forth In the enabling resolution by which the Council established the EDA. • Establish economic development districts, which must satisfy the conditions for creation of a redevelopment tax Increment financing district. • Within or in conjunction with an economic development district: acquire and convoy property; oporato public parking facilities; act as an agent for federal or state government In the economic development district; accept conveyance of public land; carry out the EDA law to develop and improve land in the economic development district. • Anywhere in the City: exorcise power of eminent domain; enter contracts for the purpose of economic development; be a limited partner in a limited partnership whose purpose Is consistent with the EDA's purposes; buy supplies and materials nodded to carry out oconomic development; study and analyze economic davolopmont needs; use "cross-fertilization" powers as an"74% para -n described above; make loans for any purpose the HRA is otherwise authorized to carry out. Issue revenue bonds to finance economic development facilities, secured by revenues from specified facilities; issue general obligation bonds, if the City pledges its full faith and credit by ordinance. General obligation bonds subject to election requirements unless some other exception applies (such as tax increment bonds). LEVY POWERS HRA The HRA, as a special taxing district, maw levy 9 tax on al_I taxable property in the City, subject to naent of City Council. Consent may be given on an annual basis of by a blanket consent. T e um levy is . Q131 percent of taxable market value in the City, plus an additional .0013 percent of tamable market value to defray costs of informational services and relocation assistance. SDA At the request of the EDA, the City may levy for the benefit of the EDA. The maximum -levy is .01813 percent of taxable market value. The City may levy a larger amount after public hearing, subject to referendum if a petition Is filed, within 30 days of publication of the levy resolution, by voters equalling five percent of the votes cast in the city in the last general election. Using HRA powers, the EDA may levy the "HRA levy" as described for HRAs. It is not clear whether such a levy may be Imposed in addition to the City's levy on behalf of the EDA as described above. III. COMPOSITION OF BOARD HRA Five commissioners appointed by the mayor and approved by the City Council. Any number of City Council members may be appointed as HRA commissioners. Commissioners must be residents of the City. Commissioners serve staggered five-year terms, except that the term of a commissioner who is also a City Council member may be set to coincide with the term of office as a council member. anwn5 ,oleo-�I EDA One of three options: (1) Three-member EDA, one of whom must be a City Council member; initial terms of two, four and six years, then six-year terms. (2) Five -member EDA, two of whom must be City Council members; initial terms of two, three, four, five and six years, then six-year terms. (3) Seven -member EDA, two of whom must be City Council we bore; initial terms of one, two, three, four and five years, plus two members for six years, then six-year terms for all. All commissioners are appointed by the mayor and approved by the City Council. The terms of any commissioners who are City Council members may be set to coincide with the term of office as a council member. City Council members may be appointed in excess of the required number described above. The City Council itself may serve as the EDA board of commissioners. There is no express City residency requirement for EDA commissionere in the EDA Act. LTINflf Ia1�0•�1