Minneapolis NRP: About the NRP: Policy Board Agenda

APPROVE AGENDA
APPROVE MINUTES of July 23, 2007
ACTION ITEM
1. Forgiveness of Transition Fund Loan
  
  ACTION REQUESTED: Approve recapture of three loans on the Plymouth Plaza Shopping Center
  
  Download the Related Staff Report
  
  ACTION TAKEN: [NRP / PR#2007-15]
  Moved: Peter McLaughlin/ Seconded: Gail Dorfman
  
  RESOLVED: That the issue of forgiveness of the Plymouth Penn Corporation loan be laid over until the September meeting and that staff be directed to come back with a workout recommendation that takes into account and involves all who have equities in this issue.
PRESENTATIONS & REPORTS
1. Financing NRP
  
  ACTION REQUESTED: Receive and file
  
  Download the Related Staff Report
  
  FIRST ACTION TAKEN: [NRP / PR#2007-16]
  Moved: Anita S. Duckor/ Seconded: Peter McLauglin
  
  RESOLVED: That the Minneapolis Neighborhood Revitalization Program Policy Board authorizes the Director to work with the City to pursue the use of City Legacy Funds for financing NRP.
  
  SECOND ACTION TAKEN:[NRP / PR#2007-17]
  Moved: Ken Kelash/ Seconded: Anita S. Duckor
  
  RESOLVED: That the Minneapolis Neighborhood Revitalization Program Policy Board approves the distribution of correspondence outlining the potential impact of the April 2007 revenue projections of the City on individual neighborhood allocations ("Redrafted NRP Phase II Neighborhood Allocations") to the neighborhoods;
  
  RESOLVED FURTHER: That the Director accompany the distribution of the Redrafted Allocations with a cover letter of explanation and next steps;
  
  RESOLVED FURTHER: That the Director is encouraged to host a "Discussion with the Director" on this topic within the next 60 days to promote neighborhood understanding.
2. Track Three of Community Engagement Process
  
  ACTION REQUESTED: Discussion
ADJOURN