Argonne Hills. Board of Commissioners Packet. Groundbreaking Ceremony June 22, 2016

Board of Commissioners Packet July 19, 2016 3:30 p.m. - Regular Meeting CDA Office, 1228 Town Centre Drive, Eagan Argonne Hills Groundbreaking Ceremony June 22, 2016 Commissioner Mary Liz Holberg, Lakeville Mayor Matt Little, Commissioner Mike Slavik, Representative Jon Koznick and Commissioner Liz Workman kick off construction during the groundbreaking ceremony for Argonne Hills on June 22. 1

REGULAR BOARD MEETING July 19, 2016 3:30 p.m. Dakota County CDA, 1228 Town Centre Drive, Eagan, MN 55123 AGENDA PAGE# 1. ROLL CALL A. Staff Introductions 2. APPROVAL OF AGENDA 2 3. CONSENT A. Approval Of Minutes June 21, 2016 Regular CDA Board Meeting 4 B. Approve Record Of Disbursements June 9 C. Authorize Executive Director To Execute A Legal Services Agreement With The Dakota County Attorney s Office D. Approve The Application Intake Process And Establishment Of Interest List For Argonne Hills Senior Housing E. Setting A Public Hearing Regarding The Issuance Of Multifamily Housing Revenue Refunding Bonds For Hosanna! Senior Housing Project F. Extending The Date For A Public Hearing Regarding the Issuance Of Multifamily Housing Revenue Refunding Bonds For The Highview Hills Senior Housing Project 10 17 19 22 G. Approve Amendments To The Fiscal Year Ended June 30, 2016 Operating Budget 25 H. Approve Carryover Of Fiscal Year Ended June 30, 2016 Budget Authority To Fiscal Year Ending June 30, 2017 27 4. DISCUSSION A. Adoption Of Amended CDA Bylaws 31 B. Presentation On CDA Senior Housing Program & Trends Informational 42 C. Housing Development Update Informational 43 D. Executive Director s Update Informational 46 E. Closed Executive Session Executive Director Six-Month Performance Evaluation 47 5. OLD BUSINESS 6. NEW BUSINESS 7. INFORMATIONAL ITEMS A. Activity Report 49 2

B. Status Report 52 8. ADJOURNMENT Future Board Meetings & Events For more information, call 651-675-4432. Dakota County CDA Board meeting agendas are available online at: http://www.dakotacda.org/board_of_commissioners.htm August 16, 2016 CDA Board of Commissioners Regular Meeting 3:30 p.m. Dakota County CDA Boardroom, 1228 Town Centre Drive, Eagan, MN 55123 3

CDA Board of Commissioners Regular Board Meeting June 21, 2016 Dakota County CDA, 1228 Town Centre Drive, Eagan, MN 55123 Commissioner Slavik called the meeting to order at 3:35 p.m. COMMISSIONER ROLL CALL Commissioner Slavik, District 1 Commissioner Gaylord, District 2 Commissioner Egan, District 3 Commissioner Schouweiler, District 4 Commissioner Workman, District 5 Commissioner Holberg, District 6 Commissioner Gerlach, District 7 CDA staff in attendance: Present Absent Tony Schertler, Executive Director Kari Gill, Deputy Executive Director Sara Swenson, Director of Administration & Communications Kaili Braa, Administrative-Communications Specialist Lisa Alfson, Director of Community & Economic Development Maggie Dykes, Assistant Director of Community & Economic Development Lisa Hohenstein, Director of Housing Assistance Anna Judge, Director of Property Management Joe Price, Maintenance Technician Others in attendance: Erin Stwora, Dakota County Jay Stassen, Dakota County Attorney s Office CDA STAFF INTRODUCTIONS Joe Price was introduced by Anna Judge. APPROVAL OF AGENDA 16-5734 Approval of Agenda BE IT RESOLVED, by the Dakota County Community Development Agency Board of Commissioners that the agenda for the June 21, 2016 Regular CDA Board meeting be approved as written. Motion: Commissioner Holberg Second: Commissioner Egan Ayes: 7 Nays: 0 Abstentions: 0 Slavik Gaylord Egan Schouweiler Workman Holberg Gerlach Yes No Absent Abstain 4

CONSENT AGENDA 16-5735 Approval Of Minutes May 12, 2016 Special Meeting Minutes BE IT RESOLVED, by the Dakota County Community Development Agency Board of Commissioners that the minutes for the May 12, 2016 Special CDA Board meeting be approved as written. 16-5736 Approval Of Minutes May 19, 2016 Regular Meeting Minutes BE IT RESOLVED, by the Dakota County Community Development Agency Board of Commissioners that the minutes for the May 19, 2016 Regular CDA Board meeting be approved as written. 16-5737 Approval Of Records Of Disbursements May 2016 BE IT RESOLVED, by the Dakota County Community Development Agency Board of Commissioners that the May 2016 Record of Disbursements is approved as written. 16-5738 Setting A Public Hearing Regarding The Issuance Of Multifamily Housing Revenue Refunding Bonds For The Highview Hills Senior Housing Project WHEREAS, in 2008, the Dakota County Community Development Agency (the CDA ) issued its (i) $33,385,000 Multifamily Housing Revenue Bonds (Highview Hills Senior Housing Project), Series 2008A (the Series A Bonds ), (ii) $1,500,000 Multifamily Housing Revenue Note, Subordinate Series 2008B1 (the Series B1 Note ), and (iii) $527,500 Multifamily Housing Revenue Note, Subordinate Series 2008B2 (the Series B2 Note and, together with the Series B1 Note, the Subordinate Notes ) and loaned the proceeds to Walker Highview Hills, LLC (the Borrower ) to finance the acquisition and construction of a 155-unit multifamily housing facility for seniors (the Project ); and WHEREAS, the Borrower has requested that the CDA issue multifamily housing revenue bonds in one or more series, in an aggregate principal amount not to exceed $40,000,000 ( Refunding Bonds ) to refund the Bonds and the Subordinate Notes; and WHEREAS, pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended, the CDA, is required to hold a public hearing regarding the issuance of any series of the Refunding Bonds issued as tax-exempt bonds. NOW, THEREFORE, BE IT RESOLVED by the Dakota County Community Development Agency Board of Commissioners, That: 1. The CDA will hold a public hearing regarding the issuance of the Refunding Bonds at its meeting on July 19, 2016. 2. The Executive Director or his designee is directed to cause notice of such hearing to be published in a newspaper of general circulation within Dakota County not fewer than 15 days prior to July 19, 2016. 16-5739 Approve Amendments To The Housing Choice Voucher Administrative Plan WHEREAS, the Dakota County Community Development Agency (CDA), as an administrator of the federal Housing Choice Voucher (HCV) program, is required to adopt and maintain an administrative plan to delineate the mandatory and discretionary policies used to govern the program; and WHEREAS, the Dakota County CDA has made programmatic updates and clarifications to the HCV Administrative Plan. NOW THEREFORE, BE IT RESOLVED by the Dakota County Community Development Agency Board of Commissioners, That the amendments to the Housing Choice Voucher Administrative Plan are approved. 5

16-5740 Authorization To Execute A Temporary Permit To The Minnesota Department Of Transportation For Construction Of A Trail Related To The Trunk Highway 110 Grade-Separated Pedestrian Crossing WHEREAS, Dakota County (County) and the Minnesota Department of Transportation (Mn/DOT) are undertaking the Trunk Highway 110 Grade-Separated Pedestrian Crossing project; and WHEREAS, a portion of the trail related to this project is to be constructed on Dakota County Community Development Agency (CDA) property adjacent to Parkview Plaza (730 S. Plaza Drive, Mendota Heights); and WHEREAS, the County has requested the CDA to execute this temporary permit for construction of the trailway; and WHEREAS, CDA staff have reviewed and approved the proposed location of the trailway and recommend approval of the temporary permit. NOW, THEREFORE, BE IT RESOLVED by the Dakota County Community Development Agency Board of Commissioners, That Tony Schertler, CDA Executive Director, is authorized to execute this temporary permit for work on the trail on CDA owned property related to the construction of the MnDOT Trunk Highway 110 Grade-Separated Pedestrian Crossing project. Motion: Commissioner Schouweiler Second: Commissioner Holberg Ayes: 7 Nays: 0 Abstentions: 0 Slavik Gaylord Egan Schouweiler Workman Holberg Gerlach Yes No Absent Abstain DISCUSSION ITEMS 16-5741 Authorize the Deputy Executive Director to Execute a Construction Contract For The Exterior Renovation Project at Cedar Valley Townhomes In Lakeville Kari Gill presented and answered questions. WHEREAS, the Dakota County Community Development Agency accepted bids on June 8, 2016 for the necessary improvements to be made to the at Cedar Valley Townhomes in Lakeville; and WHEREAS, J.G.Hause Construction, Inc. was the lowest responsible bidder with a bid total of $811,685 (base bid of $786,000 plus $25,685 for Alternate 3); and WHEREAS, funds are included in the approved FY17 Dakota County Workforce Housing, LLC budget. WHEREAS, the Dakota County CDA proposes to execute a contract for the project to commence July 2016. NOW, THEREFORE, BE IT RESOLVED by the Dakota County Community Development Agency Board of Commissioners, That the Deputy Executive Director be authorized to sign a contract for the project with the lowest responsible bidder, J.G. Hause Construction, Inc. in an amount of $811,685; and BE IT FURTHER RESOLVED That the Deputy Executive Director be authorized to execute change orders not to exceed $48,701. Motion: Commissioner Holberg 6 Second: Commissioner Schouweiler

Ayes: 7 Nays: 0 Abstentions: 0 Slavik Gaylord Egan Schouweiler Workman Holberg Gerlach Yes No Absent Abstain 16-5742 Authorize The Deputy Director To Execute A Construction Contract For Exterior Renovations At Pleasant Ridge Townhomes in Hastings WHEREAS, formal bids were received on June 3, 2016 for the exterior renovation project at Pleasant Ridge Townhomes in Hastings; and WHEREAS, PCS Residential submitted a low bid of $585,700 (base bid of $579,000 plus $6,700 for Alternate #3); and WHEREAS, PCS Residential meets the bidder qualifications in the specification; and WHEREAS, funds are included in the approved FY17 Dakota County Workforce Housing, LLC budget. NOW, THEREFORE, BE IT RESOLVED, by the Dakota County Community Development Agency Board of Commissioners, That the Deputy Executive Director be authorized to sign a construction contract for the project with lowest responsible bidder, PCS Residential, in an amount of $585,700; and BE IT FURTHER RESOLVED, That the Deputy Executive Director be authorized to approve change orders in an amount not to exceed $29,285. Motion: Commissioner Egan Second: Commissioner Schouweiler Ayes: 7 Nays: 0 Abstentions: 0 Slavik Gaylord Egan Schouweiler Workman Holberg Gerlach Yes No Absent Abstain INFO Authorize The Executive Director To Enter Into A Legal Services Agreement With The Dakota County Attorney s Office Sara Swenson presented and answered questions with Jay Stassen. Staff was directed to revise the proposed agreement and return for Board action in July. INFO Discussion Of Revisions To CDA Bylaws Informational Only Sara Swenson presented and answered questions with Jay Stassen. Staff will revise and return with proposed changes at a future meeting date. INFO Housing Development Update Informational Only Kari Gill presented on the status of current and upcoming construction projects. INFO Executive Director s Update Informational Only Tony Schertler provided updates to the Board. 7

ADJOURNMENT 16-5743 Adjournment BE IT RESOLVED, by the Dakota County Community Development Agency Board of Commissioners hereby adjourns until Tuesday, July 19, 2016. Motion: Commissioner Holberg Second: Commissioner Schouweiler Ayes: 7 Nays: 0 Absent: 0 Abstentions: 0 The CDA Board meeting adjourned at 4:52 p.m. Board Chair, Mike Slavik Secretary, Mary Liz Holberg 8

Dakota County CDA Record of Disbursements For the month of June 2016 Date Amount Total Housing Assistance 06/01/16 $ 1,547,144.00 06/15/16 $ 86,432.00 $ 1,633,576.00 Disbursing 06/01/16 $ 76,166.00 06/02/16 $ 447,444.10 06/09/16 $ 929,515.16 06/15/16 $ 3,015.00 06/16/16 $ 424,773.16 06/23/16 $ 597,155.71 06/30/16 $ 1,438,321.14 $ 3,916,390.27 General Fund 06/09/16 $ 3,940.00 06/17/16 $ 266,380.05 06/21/16 $ 151,531.80 $ 421,851.85 Total May 2016 Disbursements $ 5,971,818.12 June 2016 Payroll 06/10/16 $ 193,049.59 06/24/16 $ 179,774.40 $ 372,823.99 Chairperson Disbursement detail is available in the Finance Office 9

DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY REQUEST FOR BOARD ACTION Authorize Executive Director To Execute A Legal Services Agreement With The Dakota County Attorney s Office Fiscal/FTE Impact: Meeting Date: 7/19/2016 None Department: Administration Amount included in current budget Prepared By: Sara Swenson Budget amendment requested Contact: Tony Schertler FTE included in current complement Contact Phone: 651-675-4433 New FTE(s) requested Other: PURPOSE/ACTION REQUESTED Authorize Executive Director to execute a Legal Services Agreement with the Dakota County Attorney s Office SUMMARY The CDA has been working with the Dakota County Attorney s Office on an ad hoc basis per a previously approved Joint Powers Agreement Between the County of Dakota and the Dakota County Community Development Agency for Employee Benefits, Employee Relations and Legal Services. Further discussions about the legal advice and representation the Dakota County Attorney s Office can provide to the CDA have occurred this year. While some of the areas where the CDA needs legal counsel can be very specialized, there are areas of expertise and capacity at the Dakota County Attorney s Office that the CDA can procure from the County Attorney s Office at a significantly lower hourly rate than the private sector. This includes, but is not limited to, general counsel, employment/human resources, data practices, and real estate. The hourly rate charged by the County Attorney s Office in 2016 is $184. Attachment A is the revised Legal Services Agreement between the Dakota County CDA and Dakota County Attorney s Office. This drafted document incorporates feedback received at the June CDA Board meeting. RECOMMENDATION Staff recommends the Board authorize the Executive Director to execute the Legal Services Agreement. EPLANATION OF FISCAL/FTE IMPACT N/A 10

Supporting Documents: Previous Board Action(s): Attachment A: Legal Services Agreement 14-5454; 11/18/14 Resolution No. 16- Authorize Executive Director To Execute A Legal Services Agreement With The Dakota County Attorney s Office WHEREAS, the Dakota County Attorney s Office and Dakota County Community Development Agency have been collaborating on projects and policy that require legal services; and WHEREAS, in the course of exercising its authority and responsibilities, the Community Development Agency requires access to legal advice and services; and WHEREAS, a formal Legal Services Agreement between the two organizations has been drafted and staff of the Community Development Agency and the County Attorney s Office recommend the Board authorize execution of the Legal Services Agreement substantially as presented at the July 19, 2016 Board meeting. NOW THEREFORE, BE IT RESOLVED, by the Dakota County Community Development Agency Board of Commissioners, That the Community Development Agency Executive Director is authorized to execute the Legal Services Agreement with the Dakota County Attorney s Office. Executive Director s Comments: Strategic Plan Goal: Recommend Action Item Type-Consent Housing and Livability Do Not Recommend Action Item Type-Discussion Community Vitality Reviewed-No Recommendation Item Type-Informational Community Connections Reviewed-Information Only Organizational Culture Submitted at Commissioner Request Financial Management Executive Director Department Director 11

4C - Attachment A LEGAL SERVICES AGREEMENT This Legal Services Agreement ( Agreement ) is made and entered into by and between the Dakota County Attorney s Office, and the Dakota County Community Development Agency ( the CDA ; collectively, the Parties ). WHEREAS, the County is a political subdivision of the State of Minnesota; and WHEREAS, the Dakota County Attorney s Office is required by law to provide certain legal services to the County and its Board of Commissioners; and WHEREAS, the CDA is a public body corporate and politic in the State of Minnesota and has all of the powers and duties of a housing and redevelopment authority under Minn. Stat. 469.001 to 469.047 and of a county housing and redevelopment authority under any other related provision of Minnesota law; and WHEREAS, the Dakota County Attorney s Office is not required by law to provide legal services to the CDA or its Board of Commissioners; and WHEREAS, the Dakota County Attorney s Office is presently providing legal services to the CDA upon request on an ad hoc basis pursuant to the First Amended and Restated Joint Powers Agreement Between the County of Dakota and the Dakota County Community Development Agency for Employee Benefits, Employee Relations and Legal Services (the First Amended JPA ) (Dakota County Board Resolution Number 14-577 and CDA Board Resolution Number 3281; and WHEREAS, the Parties desire that the Dakota County Attorney s Office continue providing legal services to the CDA upon request on an ad hoc basis, pursuant to the authority conveyed upon the parties in the First Amended and Restated Joint Powers Agreement and the terms and conditions of this Agreement; and NOW, THEREFORE, in consideration of the mutual covenants contained herein, the Parties agree as follows: 1. Purpose. The purpose of this Agreement is to enable the Dakota County Attorney s Office to continue providing legal services to the CDA upon request on an ad hoc basis, and to establish the terms on which such services shall be provided. 2. Term. This Agreement shall be in full force and effect on the date that it is fully executed by both Parties and shall continue in full force until it is terminated pursuant to paragraph 5.h. herein (the Agreement Term ). 3. Services. a. Scope. The Dakota County Attorney s Office shall provide legal services to the CDA upon request on an ad hoc basis. Such services may include, without limitation, providing legal advice and representation to the CDA and its Board of Commissioners, committees and employees. The Dakota County Attorney shall also, upon request, act as the chief attorney for the CDA for purposes of Minnesota Statutes section 13.39. 12

b. Discretion to Decline Services. The Dakota County Attorney s Office shall have sole and complete discretion to decline to provide legal services to the CDA if it determines it is unable to provide the services requested. Nothing in this Agreement shall obligate the Dakota County Attorney s Office to provide legal services. m c. Discretion to Obtain Services from Other Sources. The CDA shall have sole and complete discretion to obtain legal services (including, without limitation, legal advice and representation) from sources other than the Dakota County Attorney s Office. Nothing in this Agreement shall obligate the CDA to obtain legal services from the Dakota County Attorney s Office. d. Conflicts of Interest. If tthe Dakota County Attorney s Office determines that its representation of both Dakota County and Dakota County Community Development Agency may result in a conflict of interest or perceived conflict of interestshall have sole and complete discretion to determine whether a conflict of interest exists (under the Minnesota Rules of Professional Conduct or otherwise) between the County and the CDA and, if so, whether the conflict is waivable. In the event the Dakota County Attorney s Office determines that an actual or perceived conflict of interest exists between the County and the CDA, the Dakota County Attorney s Office shall notify the Dakota County Manager and the CDA s Executive Director (or Acting Executive Director, if applicable) of the conflict and its effect on the Dakota County Attorney s Office s representation of the County and the CDA. The Dakota County Manager and the CDA Executive, with assistance of the County Attorney s Office, shall consult with their respective board regarding conflict of interest issues and may request a waiver of the conflict of interest from their boards. e. Withdrawal. The Dakota County Attorney s Office may withdraw from representation of the CDA, subject to and in accordance with the Minnesota Rule of Professional Conduct, at any time by providing written notice of withdrawal to the CDA s Executive Director (or Acting Executive Director, if applicable). 4. Payment. a. Hourly Rate. The CDA shall pay for legal services provided by the Dakota County Attorney s Office pursuant to this Agreement at an hourly rate of $184.00 for attorney time and $ 42.00 for paralegal time. On the first business day of each calendar year during the Agreement Term, the Dakota County Attorney shall adjust the hourly rate then in effect to reflect the present cost of providing legal services to the CDA, and the adjusted hourly rate shall apply to all legal services that the Dakota County Attorney s Office provides the CDA during that calendar year. The Dakota County Attorney s Office shall provide written notice to the CDA s Executive Director (or Acting Executive Director, as applicable) of any adjustment of the hourly rate prior to implementation of the new hourly rate. b. Costs. In addition to paying an hourly rate for legal services provided by the Dakota County Attorney s Office pursuant to this Agreement, the CDA shall also reimburse the Dakota County Attorney s Office for any costs incurred by the Dakota County 13

Attorney s Office in connection with providing such services. Reimbursable costs include, without limitation, long-distance telephone charges, postage charges, photocopying charges, printing charges, mileage charges (reimbursable at the Internal Revenue Service s then-applicable standard mileage rate), parking charges, delivery fees, messenger service fees, filing fees, deposition costs, witness fees, and other reasonable expenses incurred by the Dakota County Attorney s Office in providing legal services to the CDA. c. Billing. The Dakota County Attorney s Office shall invoice the CDA on a monthly basis for legal services provided to the CDA pursuant to this Agreement and any costs incurred by the Dakota County Attorney s Office in connection with providing such services. Said invoices shall identify the persons providing legal services to the CDA and itemize the services provided by each such person, the amount of time that each such person spent providing services, and any costs incurred by the Dakota County Attorney s Office in connection with providing such services. d. Time of Payment. The CDA shall, within thirty (30) calendars day after receipt of an invoice, tender payment to the Dakota County Attorney s Office for the entire balance of the invoice. In the event the CDA disputes any amount billed to it under this Agreement, the CDA may withhold payment of said amount until after the dispute has been resolved. 5. General Provisions. a. Compliance with Laws and Standards. The Parties agree to comply with all federal, state and local laws, statutes, ordinances, rules and regulations now in effect or hereafter adopted pertaining to this Agreement or to the facilities, programs and staff for which the Parties are responsible, including, without limitation, the Minnesota Government Data Practices Act ( MGDPA ) and the Health Insurance Portability and Accountability Act ( HIPAA ). Each party shall rely on its own appointees for such compliance, provided that the CDA may request compliance-related legal services from the Dakota County Attorney s Office which services shall, if provided, be billed to the CDA in the manner set forth in this Agreement. b. Data Privacy and Security Compliance. The Parties agree that all data created, collected, received, stored, used, maintained or disseminated in implementing this Agreement shall be treated in compliance with the MGDPA; HIPAA, and its implementing rules and regulations (including Privacy, Security, Breach Notification and Enforcement rules and regulations); and all other federal, state and local laws that apply to such data. c. Non-Employee Status. In implementing the terms of this Agreement, the Dakota County Attorney s Office s employees and agents are not employees of the CDA, and the CDA s employees and agents are not employees of the Dakota County Attorney s Office. Each party is solely responsible for the acts and omissions of its employees and agents and any claims that may arise therefrom. d. Knowing and Voluntary Agreement. The CDA acknowledges and agrees that it has entered into this Agreement knowingly and voluntarily. The CDA further acknowledges 14

that it has been provided an opportunity to consult with an attorney of its choosing in connection with the negotiation and preparation of this Agreement, and that it has not relied on any advice of the Dakota County Attorney s Office in negotiating, preparing, or entering into this Agreement. e. Modification. Any amendments, changes, or modifications to this Agreement shall be valid only if reduced to writing and signed by the Dakota County Attorney and the CDA s Executive Director (or Acting Executive Director, if applicable). f. Waiver. No waiver of any provision of this Agreement shall be valid unless it is reduced to writing and signed by the Dakota County Attorney and the CDA s Executive Director (or Acting Executive Director, if applicable). The failure by one party to require performance of any provision of this Agreement shall not affect that party s right to require performance at any time thereafter, nor shall a waiver of any breach or default of this Agreement constitute a waiver of any subsequent breach or default or a waiver of any provision of this Agreement. g. Complete Agreement. With respect to its subject matter, this Agreement represents the complete and exclusive agreement between the Parties and supersedes any and all prior agreements, including, without limitation, the First Amended JPA. h. Termination. The Agreement shall terminate upon thirty (30) days written notice of either party to the other party, or upon December 31, 2018, whichever occurs first. Upon termination, the Dakota County Attorney s Office shall be entitled to receive compensation for the services provided in a satisfactory manner up to and including the effective date of termination. IN WITNESS HEREOF, the Parties have executed this Agreement on the dates indicated below. Approved as to form: DAKOTA COUNTY ATTORNEY S OFFICE Asst. Dakota County Attorney/Date County Attorney File No. KS-15-413 By: James C. Backstrom Title: Dakota County Attorney Date of Signature: DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY By: Tony Schertler Title: Executive Director Date of Signature: 15

KS-2015-00413 CDA - JPA to Provide Legal Services v2 16

DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY REQUEST FOR BOARD ACTION Approve The Application Intake Process And Establishment Of Interest List For Argonne Hills Senior Housing Fiscal/FTE Impact: Meeting Date: 7/19/2016 None Department: Property Management Amount included in current budget Prepared By: Anna Judge Budget amendment requested Contact: Anna Judge FTE included in current complement Contact Phone: 651-675-4501 New FTE(s) requested Other: PURPOSE/ACTION REQUESTED Approve the application intake process for Argonne Hills in Lakeville. SUMMARY At its March 9, 1999 meeting, the CDA Board decided that when an additional senior building is constructed in the same city as other existing CDA senior buildings (but not near or adjacent to the existing buildings), the Board would decide on a case-by-case basis whether or not a separate interest list for applicants should be created. The CDA s next senior housing development, Argonne Hills located in Lakeville, is under construction and will open in 2017. It will join three other CDA senior housing developments in the city including: Winsor Plaza, Mainstreet Manor and Crossroads Commons. Argonne Hills will be designated a smoke-free building and will have a fixed rent structure (similar to Crossroads Commons); however, these two properties are approximately eight miles apart. Winsor Plaza and Mainstreet Manor are not fixed-rent buildings and are also further away from Argonne Hills. RECOMMENDATION Staff recommends that a separate interest list be Argonne Hills along with the following resident selection preference process: First preference will be given to current applicants on the existing Lakeville senior building interest lists since they have indicated a preference for Lakeville specifically. It will be their option to apply for Argonne Hills and will not affect their placement on the existing senior building interest lists. It would be made very clear to applicants that the new Lakeville building will be designated non-smoking, fixed rent, and that they should take this into consideration as they make their decision. Second preference will be given to all other applicants who apply during the lottery application period. All applications received during the lottery time period will be entered into a random drawing and their names will be placed on the interest list in the order drawn. Third preference will be given to any applications received after the lottery period. These applicants will be placed on the interest list by date and time of the application when it is received by the Dakota County CDA. EPLANATION OF FISCAL/FTE IMPACT None. 17

Supporting Documents: Previous Board Action(s): Resolution No. 16- Approve The Application Intake Process And Establishment Of Interest List For Argonne Hills Senior Housing WHEREAS, the Dakota County CDA has begun construction of Argonne Hills, a 62-unit senior housing development in Lakeville; and WHEREAS, the CDA has existing senior housing developments in Lakeville; and WHEREAS, because of the proximity of Argonne Hills to the other existing senior housing developments warrants establishment of a separate interest list for applicants to provide them maximum choice for their housing decision. NOW, THEREFORE, BE IT RESOLVED, by the Dakota County Community Development Agency Board of Commissioners, That the creation of a separate interest list and staff recommendations for resident selection preference process for Argonne Hills is approved. Executive Director s Comments: Strategic Plan Goal: Recommend Action Item Type-Consent Housing and Livability Do Not Recommend Action Item Type-Discussion Community Vitality Reviewed-No Recommendation Item Type-Informational Community Connections Reviewed-Information Only Organizational Culture Submitted at Commissioner Request Financial Management Executive Director Department Director 18

DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY REQUEST FOR BOARD ACTION Setting A Public Hearing Regarding The Issuance Of Multifamily Housing Revenue Refunding Bonds For The Hosanna! Senior Housing Project Fiscal/FTE Impact: Meeting Date: 7/19/2016 None Department: Community & Economic Development Amount included in current budget Prepared By: Kathy Kugel Budget amendment requested Contact: Lisa Alfson FTE included in current complement Contact Phone: 651-675-4467 New FTE(s) requested Other: PURPOSE/ACTION REQUESTED Set a public hearing regarding the issuance by the CDA of multifamily housing revenue refunding bonds for The Fountains at Hosanna! Senior Housing Project at the August 16, 2016 CDA Board meeting. SUMMARY In 2011, the CDA issued its $10,000,000 Multifamily Housing Revenue Note (The Fountains at Hosanna! Project), Series 2011 (CDA Bonds) and the Scott County Community Development Agency issued its $6,440,000 Multifamily Housing Revenue Note (The Fountains at Hosanna! Project), Series 2011 (Scott County CDA Bonds) to finance a 92- unit multifamily rental housing facility for seniors in Lakeville, known as The Fountains at Hosanna! (Project), owned and operated by Hosanna! Senior Living, LLC (Borrower). The Borrower also obtained certain taxable debt to finance the Project (Taxable Debt). The Borrower has requested that the CDA issue its multifamily housing revenue refunding bonds in one or more series (Bonds) to refund the outstanding principal amount of the CDA Bonds, the Taxable Debt and, subject to the consent of the Scott County Community Development Agency, the Scott County CDA Bonds in order to reduce debt service costs. Federal tax law requires that the CDA hold a public hearing prior to issuing the Bonds. RECOMMENDATION Staff recommends the Board set the public hearing for August 16, 2016 at 3:30 p.m. to receive comments on the issuance of multifamily housing revenue refunding bonds for the Fountains at Hosanna! Project. A copy of the public hearing notice to be published prior to the hearing is in Attachment A. EPLANATION OF FISCAL/FTE IMPACT None. 19

Supporting Documents: Attachment A: Notice of Public Hearing Previous Board Action(s): Resolution No. 16- Setting A Public Hearing Regarding The Issuance Of Multifamily Housing Revenue Refunding Bonds For The Hosanna! Senior Housing Project WHEREAS, in 2011, the Dakota County Community Development Agency (CDA) issued its $10,000,000 Multifamily Housing Revenue Note (The Fountains at Hosanna! Project), Series 2011 (CDA Bonds) and the Scott County Community Development Agency issued its $6,440,000 Multifamily Housing Revenue Note (The Fountains at Hosanna! Project), Series 2011 (Scott County CDA Bonds) to finance a 92-unit multifamily rental housing facility for seniors in Lakeville, known as The Fountains at Hosanna! (Project), owned and operated by Hosanna! Senior Living, LLC (Borrower); and WHEREAS, the Borrower has requested that the CDA issue multifamily housing revenue bonds in one or more series, in an aggregate principal amount not to exceed $20,000,000 (Refunding Bonds) to refund the CDA Bonds, certain taxable debt incurred by Borrower to finance the Project and, subject to the receipt of consent from the Scott County Community Development Agency, the Scott County CDA Bonds; WHEREAS, pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended, the CDA, is required to hold a public hearing regarding the issuance of any series of the Refunding Bonds issued as tax-exempt bonds; NOW, THEREFORE, BE IT RESOLVED by the Dakota County Community Development Agency Board of Commissioners as follows: 1. The CDA will hold a public hearing regarding the issuance of the Refunding Bonds at its meeting on August 16, 2016. 2. The Executive Director or his designee is directed to cause notice of such hearing to be published in a newspaper of general circulation within Dakota County not fewer than 15 days prior to August 16, 2016. Executive Director s Comments: Strategic Plan Goal: Recommend Action Item Type-Consent Housing and Livability Do Not Recommend Action Item Type-Discussion Community Vitality Reviewed-No Recommendation Item Type-Informational Community Connections Reviewed-Information Only Organizational Culture Submitted at Commissioner Request Financial Management Executive Director Department Director 20

3E - Attachment A NOTICE OF PUBLIC HEARING REGARDING THE ISSUANCE OF MULTIFAMILY HOUSING REVENUE REFUNDING BONDS FOR THE FOUNTAINS AT HOSANNA! HILLS SENIOR HOUSING PROJECT DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY NOTICE IS HEREBY GIVEN that the Board of Commissioners of the Dakota County Community Development Agency (the CDA ) will meet on Tuesday, August 16, 2016, at or after 3:30 p.m. at the CDA s offices at 1228 Town Centre Drive, Eagan, Minnesota, for the purpose of conducting a public hearing regarding the issuance of its multifamily housing revenue refunding bonds in one or more series in an aggregate principal amount not exceeding $20,000,000 (the Bonds ) to refund the outstanding principal amount of certain multifamily housing revenue and notes issued in 2011 (together, the Prior Bonds ) and certain taxable debt. Proceeds of the Prior Bonds and the taxable debt were loaned to Hosanna! Senior Living, LLC (the Borrower ) to finance the acquisition and construction of the 92-unit The Fountains at Hosanna! senior housing facility, located at 9850 163 rd Street West, Lakeville, Minnesota, 55044 (the Project ). The members of the Borrower are Ebenezer Society and Hosanna! Heartland, each of which is a Minnesota nonprofit corporation. The Project is owned by the Borrower and managed by Ebenezer Management Services, Inc., a Minnesota corporation. The Bonds will be special, limited obligations of the CDA and the principal and interest thereon will be payable solely from the revenues pledged to the payment thereof and a mortgage granted by the Borrower on the Project. No holder of the Bonds shall ever have the right to compel the exercise of any taxing power of the CDA to pay the Bonds, or the interest thereon, or to enforce payment against any property of the CDA except any interest it may have in the Project. All persons interested may appear and be heard at the time and place set forth above. [Date of Publication] BY ORDER OF THE BOARD OF COMMISSIONERS OF THE DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY By /s/ Tony Schertler Executive Director 21

DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY REQUEST FOR BOARD ACTION Extending The Date For A Public Hearing Regarding The Issuance Of Multifamily Housing Revenue Refunding Bonds For The Highview Hills Senior Housing Project Fiscal/FTE Impact: Meeting Date: 7/19/2016 None Department: Community & Economic Development Amount included in current budget Prepared By: Kathy Kugel Budget amendment requested Contact: Lisa Alfson FTE included in current complement Contact Phone: 651-675-4467 New FTE(s) requested Other: PURPOSE/ACTION REQUESTED Extending the date for a public hearing regarding the issuance by the CDA of multifamily housing revenue refunding bonds for the Highview Hills Senior Housing Project. SUMMARY By Resolution No.16-5738, adopted on June 21, 2016, the CDA Board set a public hearing for its July 19, 2016 meeting regarding the issuance of multifamily housing revenue refunding bonds to refinance the Walker Highview Hills senior housing facility. Based on the status of the financing, staff recommends extending the date for the public hearing to August 16, 2016. RECOMMENDATION Staff recommends the Board extend the date for a public hearing to August 16, 2016 to receive comments on the issuance of multifamily housing revenue refunding bonds for Walker Highview Hills, LLC. A copy of the public hearing notice to be published prior to the hearing is in Attachment A. EPLANATION OF FISCAL/FTE IMPACT None. 22

Supporting Documents: Previous Board Action(s): Attachment A: Notice of Public Hearing Resolution 16-5738; 6/21/2016 Resolution No. 16- Extending The Date For A Public Hearing Regarding The Issuance Of Multifamily Housing Revenue Refunding Bonds For The Highview Hills Senior Housing Project BE IT RESOLVED by the Dakota County Community Development Agency Board of Commissioners, That the date set by the Dakota County Community Development Agency in Resolution No. 16-5738, adopted on June 21, 2016, for a public hearing regarding the issuance of multifamily housing revenue refunding bonds for the Highview Hills senior housing project is extended from July 19, 2016, to August 16, 2016, and staff is authorized to publish an additional notice of public hearing. Executive Director s Comments: Strategic Plan Goal: Recommend Action Item Type-Consent Housing and Livability Do Not Recommend Action Item Type-Discussion Community Vitality Reviewed-No Recommendation Item Type-Informational Community Connections Reviewed-Information Only Organizational Culture Submitted at Commissioner Request Financial Management Executive Director Department Director 23

3F - Attachment A NOTICE OF PUBLIC HEARING REGARDING THE ISSUANCE OF MULTIFAMILY HOUSING REVENUE REFUNDING BONDS FOR THE HIGHVIEW HILLS SENIOR HOUSING PROJECT DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY NOTICE IS HEREBY GIVEN that the Board of Commissioners of the Dakota County Community Development Agency (the CDA ) will meet on Tuesday, August 16, 2016, at or after 3:30 p.m. at the CDA s offices at 1228 Town Centre Drive, Eagan, Minnesota, for the purpose of conducting a public hearing regarding the issuance of its multifamily housing revenue refunding bonds in one or more series in a principal amount not exceeding $39,000,000 (the Bonds ) to refund the outstanding principal amount of certain of the CDA s multifamily housing revenue bonds and notes issued in 2008 (together, the Prior Bonds ). Proceeds of the Prior Bonds were loaned to Walker Highview Hills, LLC (the Borrower ) to finance the acquisition and construction of the 155-unit Highview Hills senior housing facility, located at 20150 Highview Avenue, Lakeville, Minnesota, 55044 (the Project ). The sole member of the Borrower is Walker Methodist, a Minnesota nonprofit corporation. The Project is owned by the Borrower and managed by Walker Senior Services, Inc., a Minnesota corporation. The Bonds will be special, limited obligations of the CDA and the principal and interest thereon will be payable solely from the revenues pledged to the payment thereof and a mortgage granted by the Borrower on the Project. No holder of the Bonds shall ever have the right to compel the exercise of any taxing power of the CDA to pay the Bonds, or the interest thereon, or to enforce payment against any property of the CDA except any interest it may have in the Project. All persons interested may appear and be heard at the time and place set forth above. [Date of Publication] BY ORDER OF THE BOARD OF COMMISSIONERS OF THE DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY By /s/ Tony Schertler Executive Director 24

DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY REQUEST FOR BOARD ACTION Approve Amendments To The Fiscal Year Ended June 30, 2016 Operating Budget Fiscal/FTE Impact: Meeting Date: 7/19/2016 None Department: Finance Amount included in current budget Prepared By: Chris Meyer Budget amendment requested Contact: Ken Bauer FTE included in current complement Contact Phone: (651) 675-4450 New FTE(s) requested Other: PURPOSE/ACTION REQUESTED Approve amendments to the Fiscal Year Ended June 30, 2016 Operating Budget SUMMARY Pursuant to the Operating Budget Compliance Policy, the Executive Director is permitted to approve the transfer of budget authority between controlled line item expenditures up to established limits. In addition, any increase in total spending generally requires approval of the CDA Board of Commissioners. Transfer of budget authority: As required by the Policy, a listing of all budget amendments approved by the Executive Director shall be submitted to the CDA Board of Commissioners on a quarterly basis. The following reports $37,898 in transfers between controlled line item expenditures that were approved by the Executive Director from April 1 through June 30, 2016. Date Fund Budget Category Amount Description 5/11/16 Common Ordinary + $2,750 BV III-Valley Ridge: Add downspout Bond Fund Maintenance extensions & splash blocks Ordinary Maintenance - $2,750 BV III-Valley Ridge: Glass refrigerator shelves 5/25/16 Workforce Housing LLC Ordinary Maintenance Capital Expenditures + $2,178 - $2,178 IGH-Spruce Pointe: Replace bath vanity/tub faucets IGH-Spruce Pointe: Replace kitchen & bath cabinets and countertops 6/9/16 Common Bond Fund Extraordinary Maintenance + $20,570 BV II-Park Ridge: Replace common area carpet Extraordinary Maintenance - $20,570 IGH-Carmen Court: Replace unit flooring 6/23/16 Local Fund Extraordinary Maintenance + $8,000 Replace patio/deck surface General Fund Acquisition and Development - $8,000 Install drop box on interior of building 6/30/16 Common Bond Fund Extraordinary Maintenance + $4,400 BV II-Park Ridge Place: Replace screened porch Ordinary Maintenance - $4,400 BV-Eagle Ridge: Replace screened porch RECOMMENDATION Staff recommends approval of these transfers of budget authority between controlled line item expenditures. They are being done in accordance to the requirements of the Operating Budget Compliance Policy. EPLANATION OF FISCAL/FTE IMPACT These budget amendments do not increase total spending for the Fiscal Year Ended June 30, 2016. 25

Supporting Documents: Previous Board Action(s): Resolution No. 16- Approve Amendments To The Fiscal Year Ended June 30, 2016 Operating Budget WHEREAS, the Dakota County CDA has adopted an operating budget for the Fiscal Year Ended June 30, 2016; and WHEREAS, the Operating Budget Compliance Policy requires that a listing of budget transfers approved by the Executive Director be presented to the Board of Commissioners. NOW, THEREFORE, BE IT RESOLVED by the Dakota County Community Development Agency Board of Commissioners, That the budget amendments approved by the Executive Director for the Fiscal Year Ended June 30, 2016 pursuant to the requirements of the Operating Budget Compliance Policy are affirmed by the CDA Board. Executive Director s Comments: Strategic Plan Goal: Recommend Action Item Type-Consent Housing and Livability Do Not Recommend Action Item Type-Discussion Community Vitality Reviewed-No Recommendation Item Type-Informational Community Connections Reviewed-Information Only Organizational Culture Submitted at Commissioner Request Financial Management Executive Director Department Director 26

DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY REQUEST FOR BOARD ACTION Approve Carryover Of Fiscal Year Ended June 30, 2016 Budget Authority To Fiscal Year Ending June 30, 2017 Fiscal/FTE Impact: Meeting Date: 7/19/2016 None Department: Finance Amount included in current budget Prepared By: Chris Meyer Budget amendment requested Contact: Ken Bauer FTE included in current complement Contact Phone: 651-675-4450 New FTE(s) requested Other: PURPOSE/ACTION REQUESTED Approve carryover of Fiscal Year Ended June 30, 2016 budget authority to Fiscal Year Ending June 30, 2017 SUMMARY As staff works to close the fiscal year that just ended, several projects and work items have been identified that were not fully completed at June 30, 2016. To complete these projects and items, unspent budget authority will need to be carried forward from the Fiscal Year Ended June 30, 2016 operating budget to the Fiscal Year Ending June 30, 2017 operating budget. A listing of these carryover items is provided in Attachment A. RECOMMENDATION Staff recommends approval of the carryover of Fiscal Year Ended June 30, 2016 budget authority to Fiscal Year Ending June 30, 2017. EPLANATION OF FISCAL/FTE IMPACT Transfer $1,080,074 of unspent budget authority from Fiscal Year Ended June 30, 2016 to Fiscal Year Ending June 30, 2017. 27

Supporting Documents: Attachment A: Fiscal Year Ended June 30, 2016 Budget Carryover Items Previous Board Action(s): Resolution No. 16- Approve Carryover Of Fiscal Year Ended June 30, 2016 Budget Authority To Fiscal Year Ending June 30, 2017 WHEREAS, the Dakota County CDA has adopted an operating budget for the Fiscal Year Ended June 30, 2016; and WHEREAS, the CDA had $1,080,074 of uncompleted projects and work items relating to the operating budget for the Fiscal Year Ended June 30, 2016; and WHEREAS, the CDA wishes to carry forward the unspent budget authority relating to these uncompleted projects and items to the operating budget for the Fiscal Year Ended June 30, 2017. NOW, THEREFORE, BE IT RESOLVED by the Dakota County Community Development Agency Board of Commissioners, That Attachment A listing $1,080,074 of Fiscal Year Ended June 30, 2016 budget authority be carried forward to the operating budget for the Fiscal Year Ending June 30, 2017. Executive Director s Comments: Strategic Plan Goal: Recommend Action Item Type-Consent Housing and Livability Do Not Recommend Action Item Type-Discussion Community Vitality Reviewed-No Recommendation Item Type-Informational Community Connections Reviewed-Information Only Organizational Culture Submitted at Commissioner Request Financial Management Executive Director Department Director 28

3H - Attachment A Attachment A: Fiscal Year Ended June 30, 2016 Budget Carryover Items Budget Carryover Items from Fiscal Year Ended June 30, 2016 to Fiscal Year Ending June 30, 2017: $1,080,074 Common Bond Fund (20 Buildings) Carryover $36,960 of Ordinary Maintenance to replace laundry/trash room hinges Common Bond Fund (LV-Winsor Plaza) - Carryover $16,500 of Extraordinary Maintenance (EM) to replace community room kitchen cabinets Common Bond Fund (WSP-Haskell Court) Carryover $21,403 of EM to replace common area A/C Common Bond Fund (EAG-Oakwoods) Carryover $313,077 of Capital Expenditures to replace windows and install damper on community kitchen hood Common Bond Fund (AV-Orchard Square) Carryover $9,209 of EM to replace common area A/C Common Bond Fund (MH-Parkview Plaza) Carryover $16,500 of Capital Expenditures to add downspouts and gutter guard Common Bond Fund (IGH II-Cahill Commons) Carryover $13,750 of EM to replace hydronic fittings in apartments Common Bond Fund (MH II-Village Commons) Carryover $2,750 of Capital Expenditures to repair drainage at SE entrance under deck Common Bond Fund (WSP II-The Dakotah) Carryover $194,700 of EM to replace unit flooring Common Bond Fund (SSP II-Dakota Heights) Carryover $8,250 of Capital Expenditures for landscaping re-grade to prevent water intrusion Common Bond Fund (AV III-Cobblestone) Carryover $11,000 of EM to replace keyless entry Common Bond Fund (SSP III-Thompson Heights) Carryover $3,300 of Capital Expenditures to install Tekmar boiler control Common Bond Fund (BV III-Valley Ridge) Carryover $6,600 of Ordinary Maintenance to change bath fan terminations 29

Workforce Housing LLC (AV-Glenbrook) Carryover $46,514 of EM to replace primary entry doors and storm doors Workforce Housing LLC (AV-Glenbrook) Carryover $40,480 of EM to repair ice dam leaks at angled windows (16 units) Workforce Housing LLC (IGH-Spruce Pointe) Carryover $145,200 of Capital Expenditures to replace furnace with 80% 2-stage ECM motor, A/C & condenser Workforce Housing LLC (EAG-Oak Ridge) Carryover $132,000 of Capital Expenditures to replace furnace with 80% 2-stage ECM motor, A/C & condenser TIF Carryover $32,521 of Acquisitions and Development to replace primary entry doors and storm doors at AV-Glenbrook General Fund (Administration Department) Carryover $5,000 of Administrative for office furniture Local Fund (Housing Development Department) Carryover $24,360 of EM to replace patio/deck surface 30

DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY REQUEST FOR BOARD ACTION Adoption Of Amended CDA Bylaws Fiscal/FTE Impact: Meeting Date: 7/19/2016 None Department: Administration Amount included in current budget Prepared By: Sara Swenson Budget amendment requested Contact: Tony Schertler FTE included in current complement Contact Phone: 651-675-4433 New FTE(s) requested Other: PURPOSE/ACTION REQUESTED Adopt revisions to CDA Bylaws. SUMMARY In May, the Minnesota legislature amended Minn. Stat. 383D.41 to add an At-Large Commissioner to the CDA Board to comply with Federal regulations related to the administration of federal public housing and Housing Choice Voucher programs. This law change was adopted by the Dakota County Board of Commissioners on July 12, 2016. Next steps to formally add this At-Large Commissioner include: 1. Updating CDA Bylaws for the addition of the At-Large Commissioner 2. Determining the process for applicant recruitment and appointment 3. Appointing the At-Large Commissioner at a Dakota County Board of Commissioners meeting 4. Oath of Office for At-Large Commissioner at a CDA Board meeting Modifications and additions to the CDA Bylaws were discussed at the June Board meeting and Attachment A incorporates those changes. RECOMMENDATION Staff recommends approval of the revised bylaws. EPLANATION OF FISCAL/FTE IMPACT N/A 31

Supporting Documents: Attachment A: CDA Bylaws Previous Board Action(s): Resolution No. 16- Adoption Of Amended CDA Bylaws WHEREAS, the Minnesota legislature amended Minn. Stat. 383D.41 to incorporate an At-Large Commissioner for the CDA Board to comply with U.S. Department of Housing and Urban Development requirements for federal housing programs; and WHEREAS, that organizational change has been incorporated into the bylaws for the CDA Board of Commissioners as it relates to membership and order of business; and WHEREAS, additional language was added to the bylaws to allow for the Board to hold work sessions and address audience/citizen requests at meetings; and NOW THEREFORE, BE IT RESOLVED by the Dakota County Community Development Agency Board of Commissioners, That the CDA Bylaws are approved as amended. Executive Director s Comments: Strategic Plan Goal: Recommend Action Item Type-Consent Housing and Livability Do Not Recommend Action Item Type-Discussion Community Vitality Reviewed-No Recommendation Item Type-Informational Community Connections Reviewed-Information Only Organizational Culture Submitted at Commissioner Request Financial Management Executive Director 32 Department Director

4A - Attachment A BYLAWS OF THE DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY ARTICLE I - THE AGENCY Section 1. Name of Agency. The name of the Agency shall be the "Dakota County Community Development Agency" (the "Agency"). Section 2. Seal of Agency. The Seal of the Agency shall be in the form of a circle and shall bear the name of the Agency and the year of its organization. Section 3. Office of Agency. The offices of the Agency shall be at 1228 Town Centre Drive in the City of Eagan, State of Minnesota, which shall be designated as the "Regular Meeting Place". ARTICLE II - MEMBERSHIP Section 1. Number of Members. The number of members of the Board of Commissioners of the Agency (the "Agency Board") shall be seven eight (78). Section 2. Appointment. Each member of the Agency Board ("Agency Commissioner") shall be appointed by the Dakota County Board of Commissioners ("County Board"). Section 3. ResidencyCounty Board District Commissioners. There shall be one (1) Agency Commissioner for each of the seven (7) county commissioner districts ("County Board Districts"). The Agency Commissioner for a particular County Board District shall maintain a principle residence in such County Board District. An Agency Commissioner who ceases to maintain a principle residence in the County Board District for which the Agency Commissioner was appointed shall be deemed to have voluntarily resigned as an Agency Commissioner. A vacancy is created on the Agency Board for a County Board District whenever the county commissioner for that County Board District ends membership on the County Board. Section 4. At-Large Commissioner. There shall be one (1) At-Large Commissioner appointed in accordance with the requirements of the Code of Federal Regulations, title 24, part 964. The At-Large Commissioner shall maintain a principle residence in Dakota County and be in compliance with either the federal Public Housing or Housing Choice Voucher programs. An 33

At-Large Commissioner who ceases to maintain a principle residence in Dakota County or ceases participation in either the federal Public Housing or Housing Choice Voucher programs shall be deemed to have voluntarily resigned as an At-Large Commissioner. Section 4. Term of Office. The terms of Agency Commissioners shall be staggered three year terms to the extent possible, beginning on the first Tuesday following the first Monday in the applicable January. The terms shall be staggered as follows: County Board District 1 - Term ending January 2012 and every three years thereafter. County Board District 2 - Term ending January 2013 and every three years thereafter. County Board District 3 - Term ending January 2013 and every three years thereafter. County Board District 4 - Term ending January 2011 and every three years thereafter. County Board District 5 - Term ending January 2011 and every three years thereafter. County Board District 6 - Term ending January 2011 and every three years thereafter. County Board District 7 - Term ending January 2012 and every three years thereafter. At-Large Commissioner - Term ending January 2020 and every three years thereafter. An Agency Commissioner appointed by the County Board to fill a vacancy on the Agency Board shall be appointed to serve the remainder of the applicable unexpired term. Except as provided in Article II, Section 3 hereof, an Agency Commissioner shall continue to serve after expiration of his/her term until a successor is appointed and qualified. Section 5. Upon appointment by the County Board of a liaison between the County Board and the Agency Board (the "County Liaison"), the County Liaison shall be considered a member of the Agency Board for all purposes, including receipt of all meeting notices (whether regular, special, emergency or closed), except that the County Liaison shall not (a) be counted as a part of a quorum under Article V, Section 5 hereof, (b) have a vote on matters before the Agency Board or (c) receive compensation pursuant to Article V, Section 10 hereof. ARTICLE III - OFFICERS Section 1. Designation of Officers. The officers of the Agency shall be a Chair, a Vice- Chair and a Secretary. 34

Section 2. Chair. The Chair shall preside at all meetings of the Agency. At each meeting, the Chair shall submit such recommendations and information as he/she may consider proper concerning the business, affairs, and policies of the Agency. Section 3. Vice-Chair. The Vice-Chair shall perform the duties of the Chair in the absence or incapacity of the Chair; and in case of the resignation or death of the Chair, the Vice- Chair shall perform such duties as are imposed on the Chair until such time as the Agency shall select a new Chair. Section 4. Secretary. The Secretary shall keep records of the Agency, shall act as Secretary of the meetings of the Agency Board and record all votes and shall keep a record of the proceedings of the Agency Board in a journal of proceedings to be kept for such purpose, and shall perform all duties incident to his/her office. He/she shall keep in safe custody the seal of the Agency and shall have power to affix such seal to all contracts and instruments authorized to be executed by the Agency Board. Section 5. Executive Director. (a) The Agency may employ an Executive Director who shall have general supervision over the administration of its business and affairs, including management of Agency housing projects, subject to the discretion of the Agency Board. The County Board shall ratify the appointment of any executive director of the Agency occurring after the date of these Bylaws. Any person appointed to fill the office of Executive Director, or any vacancy therein, shall have such term as the Agency fixes, but no Agency Commissioner shall be eligible for this office. The compensation of the Executive Director shall be determined by the Agency Board. (b) The Executive Director shall hire, fire and supervise all Agency personnel. The Executive Director may appoint a Deputy Executive Director who shall have such powers and duties as are delegated by the Executive Director and who shall act on behalf of the Executive Director in his/her absence. (c) The Executive Director shall serve as assistant to the Secretary in the performance of the duties described in Article III, Section 4 hereof. 35

Section 6. Additional Duties. The officers of the Agency shall perform such other duties and functions as may from time to time be required by the Agency Board or the bylaws or rules and regulations of the Agency. Section 7. Election or Appointment. The Chair, Vice Chair, and Secretary shall be elected at the annual meeting of the Agency from among the Agency Commissioners, and shall hold office for one year or until their successors are elected and qualified. Section 8. Vacancies. Should the office of Chair, Vice-Chair or Secretary become vacant the Agency Board shall elect a successor from its membership at the next regular or special meeting, and such election shall be for the unexpired term of said office. When the office of Executive Director becomes vacant, the Agency Board shall appoint a successor. ARTICLE IV- EECUTION OF AGENCY DOCUMENTS Section 1. Contracts and other Transactional Documents. All documents requiring approval of the Agency Board shall be executed as authorized or directed by the approving resolution of the Agency Board. If no such resolution is adopted by the Agency Board, or such resolution is silent as to execution, the document(s) may be executed by the Chair or the Executive Director. Documents not requiring specific approval by the Agency Board may be executed on behalf of the Agency by the Chair or the Executive Director. In the absence or disability of the Chair, documents may be executed by the Vice-Chair or any other Agency Commissioner. In the absence or disability of the Executive Director, documents may be executed by the Deputy Executive Director or such other person as the Executive Director has authorized in writing to do so. Section 2. Checks and other Disbursements. The Executive Director shall be responsible for the care and custody of all funds of the Agency, except that the banking institution or institutions in which Agency funds are regularly maintained shall be named by the Agency Board. The Executive Director shall establish and maintain a written policy designating the method of transfer or withdrawal of funds by the Agency in and from its bank accounts. The Executive Director may delegate the responsibility for but shall oversee the maintenance of such accounting records as shall (a) comply with Minnesota law, (b) be consistent with applicable 36

generally accepted accounting practices and (c) be delivered to the Agency Board at such times and in such form as directed by the Agency Board. 37

ARTICLE V - MEETINGS Section 1. Annual Meeting. The annual meeting of the Agency Board shall be held prior to the regular January meeting at the Regular Meeting Place. Section 2. Regular Meeting. The Agency Board by resolution shall adopt, and from time to time may amend, a schedule with the dates of regular Agency Board meetings for the year. Monthly meetings shall be held without additional notice at the Regular Meeting Place of the Agency. If a meeting falls on an election day, the meeting shall end by 6:00 p.m. in accordance with Minnesota law. If a regular meeting is to be held on a date, at a time or at a place different from the date, the Regular Meeting Place or the regular meeting time identified in the annual schedule, notice of the meeting must be given in accordance with Article V, Section 3 hereof as though it is a special meeting. Each regular meeting agenda shall be posted on the Agency's website at least three (3) calendar days prior to the applicable regular meeting. Section 3. Special Meeting. Special meetings of the Agency Board may be called by the Chair, the Executive Director or any three members of the Agency Board for the purpose of transacting any business designated in the call. At least three calendar days prior to a special meeting, written notice of its date, time, place and purpose shall be (a) mailed, delivered or electronically forwarded to all members of the Agency Board, including the County Liaison, (b) mailed or delivered to anyone who has specifically requested notice of special meetings or, as an alternative, published in the Agency s official newspaper, (c) posted on the principal bulletin board of the Agency or, if there is none, on the door of the Regular Meeting Place of the Agency and (d) posted on the Agency's website. At such special meeting, no business shall be considered other than as designated in the call. Section 4. Emergency Meeting. An emergency meeting is a meeting at which, in the judgment of the Chair, the Executive Director or any three members of the Agency Board, action must be taken before a special meeting can be duly called or the Agency (or its constituency) will likely suffer immediate and irreparable harm. Immediately upon a determination that an emergency meeting is to be held, notice of its date, time, place and purpose shall be (a) electronically forwarded to all members of the Agency Board, including the County Liaison, (b) electronically delivered to anyone who has specifically requested notice of special meetings, (c) 38

posted on the principal bulletin board of the Agency or, if there is none, on the door of the Regular Meeting Place of the Agency and (d) posted on the Agency's website. Section 5. Closed Meetings. Closed meetings shall be held only as authorized by and in accordance with the procedures established by the Minnesota Open Meeting Law, Minnesota Statutes, Sections 13D.04 to 13D.07. Before closing a meeting, the Agency shall state on the record the specific statutory grounds permitting the meeting to be closed and describe the subject to be discussed. Section 6. Work Sessions. The Agency may schedule work sessions, retreats, forums or similar gatherings at such times and concerning such subjects as may be established by resolution of the Agency Board. A schedule of such meetings shall be maintained in the CDA Administration department. Such gatherings shall be noticed as for a regular or special meeting. Section 67. Quorum. The powers of the Agency shall be vested in the Agency Commissioners in office from time to time. Four Agency County Board District Commissioners shall constitute a quorum for the purpose of conducting its business and exercising its powers and for all other purposes. In the absence of a quorum a meeting may not be called to order and meetings for which a quorum was initially present shall be considered automatically adjourned without notice when there is no longer a quorum. A meeting adjourned for lack of a quorum may be called to order again if a quorum becomes present within one (1) hour of adjournment provided that this possibility is clearly and publicly stated to those in attendance at the time of initial adjournment. When a quorum is in attendance, action may be taken by the Agency upon a vote of a majority of the Agency Commissioners present. Section 87. Official Record. The minutes of all meetings of the Agency Board of Commissioners, once approved, shall constitute the official record of all actions of the Agency Board and the journal required to be maintained by Minnesota Statutes, Section 13D.01, subdivision 4. Section 98. Order of Business. At the regular meetings of the Agency the following shall be the order of business: (a) Roll Call (b) Introduction of New Employees (c) Audience (Citizen Comment) (d) Approval of Agenda & Meeting Minutes 39

(ec) Federal Public Housing & Housing Choice Voucher Agenda (f) Consent Agenda (gd) Discussion ItemsRegular Agenda (e) Old Business (f) New Business (hg) Information Items (ih) Adjournment All resolutions shall be in writing and shall be copied in the journal of the proceedings of the Agency. Section 10. Audience/Citizen Requests. The Agency Board prefers all business matters initiated by citizens coming before them to first be reviewed by staff and scheduled for discussion on the appropriate agenda. If an individual seeks to appear before the Agency Board, he/she should notify CDA Administration of his/her intention and the issue will be presented. Staff will confer with the individual, address the issue and, if necessary, schedule the issue accordingly on the agenda. When a citizen requests a scheduled appearance at a meeting to discuss an item of business, staff will contact the Board Chair for a decision on placement and duration of the subject matter on the agenda. No citizen requests will be placed on an agenda for a time-certain. No citizen requests will be placed as agenda items on the Agency Board agenda, unless directed by the Board Chair. For an individual who appears at an Agency Meeting unaware of Board operating procedure, an audience section is included on the meeting agenda. Maximum length of time for an item to be presented in this section is five minutes. In general, before taking action, the Agency Board will direct the item to the appropriate staff for further review and recommendation. Section 109. Manner of Voting. The voting on all questions coming before the Agency Board may be by unanimous consent or by roll call if requested by an Agency Commissioner, and the ayes and nays shall be entered upon the minutes of such meeting. Section 101. Agency Commissioners Compensation. To the extent permitted by law, each Agency Commissioner may be paid up to $375 per regular, special and and emergency meeting or work sessions meeting at which said Agency Commissioner is in attendance. For purposes of this Article V, Section 10, continued meetings shall constitute a single meeting. 40

Each Agency Commissioner shall be entitled to receive necessary expenses, including traveling expenses, incurred in performance of duties. Section 112. Attendance Policy. In each calendar year, each Agency Commissioner shall be required to: (a) Attend a minimum of 50% of all regular Agency Board meetings. (b) Not miss three consecutive Agency Board meetings. Data evidencing failure to meet the above requirements shall be transmitted to the County Board, which may result in removal of the Agency Commissioner pursuant to Minnesota Statutes, Section 469.010 or in not being reappointed as an Agency Commissioner by the County Board upon expiration of his/her existing term. ARTICLE VI - AMENDMENTS Proposed amendments to these bylaws shall be distributed to each Agency Commissioner at least ten (10) calendar days prior to Agency Board action thereon unless at a meeting called to consider such amendment each of the Agency Commissioners present and voting thereon waives this notice requirement. Approval of amendments shall require the approval of at least four (4) County Board DistrictAgency Commissioners at a regular or a special meeting. 41

DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY REQUEST FOR BOARD ACTION Presentation On CDA Senior Housing Program - Informational Fiscal/FTE Impact: Meeting Date: 7/19/2016 None Department: Administration Amount included in current budget Prepared By: Sara Swenson Budget amendment requested Contact: Tony Schertler FTE included in current complement Contact Phone: 651-675-4433 New FTE(s) requested Other: PURPOSE/ACTION REQUESTED Presentation focusing on CDA Senior Housing Program SUMMARY Overview of the history of the Senior Housing Program that will include statistical information about the program and demographic information on who the program serves. This presentation is part of on-going work this year to determine the CDA s next strategic plan strategies and goals. RECOMMENDATION Informational only. EPLANATION OF FISCAL/FTE IMPACT N/A Executive Director s Comments: Strategic Plan Goal: Recommend Action Item Type-Consent Housing and Livability Do Not Recommend Action Item Type-Discussion Community Vitality Reviewed-No Recommendation Item Type-Informational Community Connections Reviewed-Information Only Organizational Culture Submitted at Commissioner Request Financial Management Executive Director 42 Department Director

DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY REQUEST FOR BOARD ACTION Housing Development Update Informational Fiscal/FTE Impact: Meeting Date: 7/19/2016 None Department: Administration Amount included in current budget Prepared By: Kaili Braa Budget amendment requested Contact: Kari Gill FTE included in current complement Contact Phone: 651-675-4477 New FTE(s) requested Other: PURPOSE/ACTION REQUESTED Update on CDA housing development projects. SUMMARY Deputy Executive Director Kari Gill will provide an update on CDA senior and workforce housing developments under construction or planned for the future (see attached housing development update). RECOMMENDATION N/A Informational Only EPLANATION OF FISCAL/FTE IMPACT N/A Executive Director s Comments: Strategic Plan Goal: Recommend Action Item Type-Consent Housing and Livability Do Not Recommend Action Item Type-Discussion Community Vitality Reviewed-No Recommendation Item Type-Informational Community Connections Reviewed-Information Only Organizational Culture Submitted at Commissioner Request Financial Management Executive Director 43 Department Director

Housing Development Update SENIOR HOUSING DEVELOPMENTS LAKEVILLE Argonne Hills # of UNITS: 62 A groundbreaking ceremony was held on Wednesday, June 22. Site work commenced on July 5, 2016. The contractor is making good progress. IMPROVEMENTS INVER GROVE HEIGHTS Carmen Court The Carmen Court window / stucco project is underway. Contractor is doing the work in sections of the building. After removing the stucco, new windows are being installed and they are repairing any structural damage. New stucco will be the final step in each section. 44

Housing Development Update WORKFORCE HOUSING DEVELOPMENTS LAKEVILLE Keystone Crossing # of UNITS: 36 Construction of the townhomes began mid-may. This is on a very tight timetable with occupancy expected to be in November and December 2016. We have encountered some unanticipated cobble / rock in the soil in several areas. The larger sized rock was removed before the soil could be utilized for the site fill and backfilling foundations. 45

DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY REQUEST FOR BOARD ACTION Executive Director s Update Informational Fiscal/FTE Impact: Meeting Date: 7/19/2016 None Department: Administration Amount included in current budget Prepared By: Kaili Braa Budget amendment requested Contact: Tony Schertler FTE included in current complement Contact Phone: 651-675-4432 New FTE(s) requested Other: PURPOSE/ACTION REQUESTED Agency updates. SUMMARY Executive Director Tony Schertler will provide updates regarding topics related to agency operations and a preview of items that will be on the August 16, 2016 CDA Regular Board Meeting agenda. RECOMMENDATION N/A Informational Only EPLANATION OF FISCAL/FTE IMPACT N/A Executive Director s Comments: Strategic Plan Goal: Recommend Action Item Type-Consent Housing and Livability Do Not Recommend Action Item Type-Discussion Community Vitality Reviewed-No Recommendation Item Type-Informational Community Connections Reviewed-Information Only Organizational Culture Submitted at Commissioner Request Financial Management Executive Director 46 Department Director

DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY REQUEST FOR BOARD ACTION Closed Executive Session: Executive Director Six-Month Performance Evaluation Fiscal/FTE Impact: Meeting Date: 07/19/2016 None Department: Administration Amount included in current budget Prepared By: Sara Swenson Budget amendment requested Contact: Tony Schertler FTE included in current complement Contact Phone: 651-675-4433 New FTE(s) requested Other: PURPOSE/ACTION REQUESTED Hold a closed executive session. SUMMARY The Dakota County Attorney has advised that prior to closing a CDA Board meeting, pursuant to the Open Meeting Law, Minn. Stat. Ch. 13D, the Board must resolve by majority vote to close the meeting. RECOMMENDATION The Executive Director has recommended that a closed executive session be held during the CDA Board meeting on July 19, 2016, to discuss the following: Conduct a six-month performance evaluation of the Executive Director. The Executive Director has agreed to the closed executive session for this purpose. EPLANATION OF FISCAL/FTE IMPACT None. 47

Supporting Documents: Previous Board Action(s): Resolution No. 16- Closed Executive Session: Executive Director Six-Month Performance Evaluation WHEREAS, upon adoption of a resolution by majority vote, the CDA Board is authorized, pursuant to Minn. Stat. 13D.05 3(a), to hold a closed executive session to discuss the performance of an individual who is subject to its authority; and WHEREAS, the CDA Board of Commissioners desires to meet to discuss the performance of the Executive Director. NOW, THEREFORE, BE IT RESOLVED, That the Dakota County Community Development Agency Board of Commissioners hereby closes the CDA Board meeting on July 19, 2016 to discuss the performance of the Executive Director. Executive Director s Comments: Strategic Plan Goal: Recommend Action Item Type-Consent Housing and Livability Do Not Recommend Action Item Type-Discussion Community Vitality Reviewed-No Recommendation Item Type-Informational Community Connections Reviewed-Information Only Organizational Culture Submitted at Commissioner Request Financial Management Executive Director Department Director 48

Activity Report July 2016 Partnership Audits (Calendar Year 2015) Are Complete The CDA is the General Partner in several limited partnerships. These partnerships are required to have annual financial Partnership Year Built Units statement audits. Lakeville Housing Limited Partnership 2 2001 29 For calendar year 2015, 16 Mendota Heights Housing Limited Partnership 2001 24 audits were performed by Hastings Marketplace Housing Limited Partnership 2002 28 the CPA firm of Mahoney Ulbrich Christensen & Russ Burnsville HOC Housing Limited Partnership 2003 34 P.A. Each audit received a Eagan Cedar Housing Limited Partnership 2004 34 clean unmodified Lakeville Downtown Housing Limited Partnership 2005 40 opinion on the financial statements, had no Lafayette Housing Limited Partnership 2006 30 adjusting journal entries, Hastings West Village Housing Limited Partnership 2007 21 and had no findings or Rosemount Housing Limited Partnership 2008 32 other issues noted. Twin Ponds Housing Limited Partnership 2009 25 The chart on the right Meadowlark Housing Limited Partnership 2010 40 details which 16 Apple Valley East Housing Limited Partnership 2011 45 partnerships were audited. Audit reports will be Twin Ponds Phase II Housing Limited Partnership 2012 26 available at the July Board Eagan Northwood Housing Limited Partnership 2013 47 meeting. Inver Hills & Riverview Ridge Housing LP 2014 51 Argonne Hills Groundbreaking Ceremony Lakeshore Workforce Housing Limited Partnership 2015 50 Argonne Hills, the 29th senior housing building in the CDA s portfolio, is officially under construction after a groundbreaking ceremony held on June 22. The construction contract for the 62 unit building was awarded to Stonebridge Construction, Inc. The building should be ready for occupancy by July 2017. Commissioner Mary Liz Holberg, Lakeville Mayor Matt Little, Commissioner Mike Slavik, Representative Jon Koznick and Commissioner Liz Workman kick off construction for Argonne Hills. 49

DASHBOARD Statistics through June 30, 2016 HOUSING OCCUPANCY Public Housing Scattered Site and CLM NSP Units Senior Senior Premium Workforce Lincoln Place TOTAL # Units 323 5 1,457 72 771 25 2,654 # Occupied 321 5 1451 70 767 24 2,638 # Units Held for Capital Improvements Occupancy Rate (Less Units Held for Capital Improvements) 0 0 0 0 0 0 0 99.4% 100% 99.6% 97.2% 99.4% 96% 99.4% Waiting Lists (# households) 3,725 2,174 333 2,812 N/A 9,044 FIRST TIME HOMEBUYER PROGRAM First Time Homebuyer Activity from January 1, 2013 - June 30, 2016 # Reserved # Closed Total $ Closed First Mortgage Loans 266 254 $42,285,764 Down-payment Assistance Loans 266 254 $1,540,859 Mortgage Credit Certificates Requested 163 152 $8,710,113 WEATHERIZATION Weatherization Jobs Completed Stand-alone Jobs Completed June HOME IMPROVEMENT LOANS June FY16 FY16 FY15 10 72 70 0 9 33 FY15 Files Issued 6 77 82 Projects Completed 3 60 93 Funds Spent $119,961 $1,487,412 $1,804,955 HOMEOWNERSHIP PROGRAMS Foreclosure Intake Calls Foreclosure Applications Pre-Purchase Appointments Home Stretch (households) Framework (households) June FY16 FY15 0 6 28 0 2 4 16 126 100 29 278 247 1 38 32 50

HOUSING CHOICE VOUCHERS (SECTION 8) Utilization Vouchers DASHBOARD Statistics through June 30, 2016 Housing Choice Vouchers Unification Vouchers # of Units Under Contract % of baseline units authorized 2,575 102.3% 92 92% Recognizing Employee Milestones The CDA recognized two employee milestones in the past month. Linda Bridger, Caretaker at Dakota Heights celebrated with fellow residents on June 23, and Debra Gonsiorski, Caretaker at Hillside Gables Townhomes was recognized on July 1. Linda and Debra have both been Caretakers for 10 years. VASH 23 92% Combined 2,685 102.2% Program Stats HAP Expense $1,530,306 Monthly Funding Utilization 125.9% Per Unit Cost $574 # Vouchers administered for other authorities by CDA # Vouchers administered for CDA by other authorities 151 237 Small Programs Program # Units Under Contract % Under Contract Continuum of Care 30 130% Bridges 36 78% Bridges Levy 13 100% Youth Housing 5 100% Linda Bridger (right) with Property Manager Lynn Domeier- Connolly on June 23, 2016. Save the Dates - September! September will be here before we know it. Please be sure to save the date for our Senior Showcase happening on the afternoon of September 22. Senior buildings on the showcase include: Vermillion River Crossing, Farmington Winsor Plaza, Lakeville Village Commons, Mendota Heights Thompson Heights, South St. Paul The Cambrian Commons dedication will also be taking place this fall. Official date will be confirmed soon. 51

293 43 294 MEMO July 14, 2016 TO: FROM: CDA Board of Commissioners Dakota County Administrator and Physical Development Director City Administrators & Managers Tony Schertler, Executive Director RE: Status Report - Quarter 2, 2016 This Status Report provides summary information on the use of affordable housing and community development programs in Dakota County during the second quarter of 2016. The Status Report will reflect statistics for this quarter only and not the life of the program. As a reference tool, the appendix has an explanation of each program. During Quarter 2, the Dakota County CDA opened Cambrian Commons in Rosemount, a new development in the Senior Housing Program. Cambrian Commons is the CDA's second senior housing development in Rosemount and 28th overall in the county. Cambrian Commons includes: 60 units 34 one-bedroom apartments 26 two-bedroom apartments 58 underground parking spaces Smoke-free property Community Room with Kitchen Screened Porch Club Room Exercise Room Laundry Facilities The Dedication Ceremony for Cambrian Commons will be held in the fall. There will be an open house, with tours of the development and apartments and the dedication ceremony with remarks from the County Commissioners and representatives from the Rosemount area. 52

Status Report Dakota County Quarter 2, 2016 Statistics through June 30, 2016 Rental Assisted Housing Development-Based Housing Programs end of Quarter 1 as of April 30 as of May 31 as of June 30 + CDA Housing Programs 1,609 795 1,609 795 1,609 795 1,669 795 60 Project Based Housing Choice Vouchers 183 257 183 257 183 257 183 257 0 Other Affordable Housing Programs 787 1,453 787 1,453 787 1,453 787 1,453 0 Total Development-Based Housing Units 2,579 2,505 2,579 2,505 2,579 2,505 2,639 2,505 60 Tenant-Based Housing Programs Tenant Based Housing Choice Vouchers 1,263 1,023 1,269 1,041 1,263 1,049 1,270 1,068 52 Portable Incoming Vouchers (HCV) 64 111 66 119 66 112 58 95-22 Outgoing Vouchers (HCV, FUP, VASH, HTF) 324 336 335 314-10 Other Rental Housing Subsidy Programs 41 160 42 134 42 131 42 131-28 Total Tenant-Based Housing Vouchers 1,368 1,618 1,377 1,630 1,371 1,627 1,370 1,608-8 Tenant-based program vouchers may be used by residents of development-based housing. Previous Quarter + Quarter Home Ownership Housing Improvement Programs Quarter 1 Quarter 2 Quarter 3 Quarter 4 2016 YTD Rehab & Improvement Loans Closed 21 20 0 0 41 Weatherization Projects Completed 17 15 0 0 32 12 10 8 6 4 2 0 $205,267 $188,423 $177,556 Housing Rehab & Improvement $119,961 $112,234 Weatherization Housing Rehab Funds Spent $64,702 First Time Homebuyer Programs Quarter 1 Quarter 2 Quarter 3 Quarter 4 2016 YTD First Mortgage Loans 23 32 0 0 55 Down Payment Assistance Loans 23 32 0 0 55 Mortgage Credit Certificates 12 30 0 0 42 Pre-Purchase Counseling 43 32 0 0 75 Home Stretch Homebuyer Education 62 76 0 0 138 Youth Supportive Housing 1% CDA Property Portfolio Workforce Housing 28% Public Housing 12% Senior Housing 59% CDA Properties include: 28 Senior Housing Developments 24 Workforce Housing Developments 1 Youth Supportive Housing Development 323 units Scattered Site Public Housing 35 30 25 20 15 10 5 0 First Mortgage Loans Mortgage Credit Certificate Pre-Purchase Appointments Home Stretch Course Graph represents monthly data. Assisted Housing includes: Development-Based Housing Programs CDA Senior Housing CDA Workforce Housing CDA Youth Supportive Housing Section 8 Housing Choice Vouchers 202 Housing 811 Housing 236 Housing Low Rent Housing Non-CDA Bond Financed Housing Non-CDA Tax Credit Housing FMHA Foreclosure Home Foreclosure Quarter 1 Quarter 2 Quarter 3 Quarter 4 2016 YTD 2015 Total Sheriff Sales 119 126 0 0 245 555 Notice of Pendency 186 213 0 0 399 940 100 80 60 2016 Sheriff Sales 40 2016 Notice of Pendency 20 2015 Sheriff Sales 0 Tenant-Based Housing Programs Section 8 Housing Choice Vouchers Continuum of Care Bridges Unification Program Veteran Affairs Supportive Housing Housing Trust Fund Single Room Occupancy Program statistics are available upon request. 1228 Town Centre Drive Eagan, MN 55123 651-675-4400 www.dakotacda.org 53