Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Hfa Votes Loans Surplus topic
No spam. Unsubscribe anytime.
St. Paul HRA approves $100,000 business loan and declares Ham site surplus
Summary
At its second 2025 meeting the St. Paul Housing and Redevelopment Authority approved Resolution 25-24 authorizing a loan of up to $100,000 to Lenoir Bridal LLC and adopted Resolution 25-25 declaring the Ham redevelopment site surplus to allow release of prior state bond obligations. Both measures passed 7-0.
Get email alerts on the Hfa Votes Loans Surplus topic
No spam. Unsubscribe anytime.
The St. Paul Housing and Redevelopment Authority on Jan. 8 adopted two resolutions: one authorizing a loan of up to $100,000 to Lenoir Bridal LLC and another declaring the Ham redevelopment site surplus so the property can be released from earlier state bond restrictions.
The board approved Resolution 25-24, which authorizes a loan of up to $100,000 from the HRA business assistance fund to Lenoir Bridal LLC, located at 5 Seventh Street East in what staff identified as District 17, Ward 2. Director Newton told commissioners the item had been presented previously and that staff recommended approval. Staff also said the loan is contingent on additional funding being secured to complete the transaction.
The board then approved Resolution 25-25 regarding the Ham site. Director Newton described the item as a procedural step required to release obligations tied to a prior state-funded grant: “in 02/2012, deed awarded the city a $403,000 redevelopment grant funded with state general obligation bond proceeds,” Newton said, and the resolution would declare the land surplus so it can be sold and removed from those bond obligations. Newton called the matter a housekeeping action and recommended approval.
Both resolutions passed on voice votes with the clerk announcing "7 in favor, none opposed." The meeting record does not name a mover or seconder for either motion.
Votes at a glance • Resolution 25-24 — Authorize loan up to $100,000 from the HRA business assistance fund to Lenoir Bridal LLC (5 Seventh Street East, District 17, Ward 2). Outcome: adopted. Vote count: 7–0. • Resolution 25-25 — Declare Ham site surplus to release prior state general obligation bond grant obligations (2012 deed referencing a $403,000 redevelopment grant). Outcome: adopted. Vote count: 7–0.
Staff and commissioners said both items were on the consent/brief-action track: staff recommended approval and provided procedural context; a commissioner asked clarifying questions about the surplus declaration’s effect on redevelopment timelines and Newton said the step would not otherwise change ongoing work to develop the site.
A copy of the signed resolutions and the HRA’s formal minutes will record the official motions and vote tallies.
