Community Development Committee Agenda
Standing Committee of the City Council, Minneapolis, Minnesota
September 25, 2012
1:30 p.m. - Room 317 City Hall
NOTE: All cellular telephones and electronic devices to be switched to a non-audible function during Council and Committee meetings.
Committee Members Present: Council Members Quincy, Reich, Lilligren, Gordon, Samuels (quorum 4)
Committee Members Absent: Council Member Goodman
Council Committee Coordinator: Irene Kasper (612) 673-2219
Joint Agenda Item with Mpls Community Development Agency Operating Committee
Department of Community Planning & Economic Development (CPED)
Approve resolution authorizing the execution of various documents to amend the Series 2005 Bonds issued for the YMCA Project, to reduce interest rate for the remaining three year term on the bonds (Refer to Mpls Community Development Agency Board of Commissioners).
Authorize preliminarily reserve of Year 2013 Federal Low Income Housing Tax Credits totaling $1,326,961 for the Franklin Steele (South Quarter IV) project, 1900 Portland Ave S.
Referred from Regulatory, Energy & Environment Committee
Referred direction that staff from CPED, Finance & City Coordinator report to the CD Committee in two cycles on the process of closing the Upper Harbor Terminal, which report shall include a review of the Metropolitan Council's report of the economic impact related to the closure of the lock & dam (RE&E Action 8/20/2012: Authorized submission of comments to U.S. Army Corps of Engineers on its proposal to limit night time operating hours for locks located in Mpls on the river).
NOT ON PRINTED AGENDA ITEM
6. Heritage Park Project:
Approve Addendum #1 to Veit and Company, Inc contract for soil remediation & removal, increasing the amount by $355,000 for a new total of $643,744.50 (Also in W&M/Budget).
Staff Report: Heritage Park Contract Addendum RCA; Heritage Park Contract Addendum ATTACH
Action Taken: Approved.
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Last updated Sep 26, 2012