Minnetonka City Council — Transcript

Sunday, September 13, 2026

2027 Preliminary HRA Levy

City staff proposed a $225,000 preliminary 2027 Housing and Redevelopment Authority (HRA) levy to fund Housing Loan Programs ($100,000) and Homes Within Reach ($125,000). The proposal aligns with the 2027-2031 Economic Improvement Program.

Areas of Interest (2)

The City of Minnetonka is seeking to maintain housing affordability through a $225,000 HRA levy for 2027, despite fluctuating funding levels over the past decade.
Minnetonka economic development officials report a major increase in business engagement, conducting 60 assistance meetings in 2025.

Topic analysis (1)

2027 Preliminary HRA Levy

Vote to adopt the resolution setting the 2027 Preliminary HRA Levy.

Agenda PacketSupplemental Background Report

Votes (3)

Approval of the agenda

PassedAll voted yes

Moved by Maxwell · Seconded by Wilburn

Approval of August 10, 2026 EDA minutes

PassedAll voted yes

Moved by Calvert · Seconded by Ramaley

Adoption of Res. 2026-008 (Collateral assignment for Minnetonka Marsh LLC)

PassedAll voted yes

Moved by Calvert · Seconded by Maxwell

People (4)

Rebecca SchackPresident

Presided over the September 14, 2026, and August 10, 2026, EDA meetings.

Julie WischnackCommunity Development Director

Responsible for presenting the 2027 Preliminary HRA Levy and discussing business items.

Alisha GrayEconomic Development and Housing Manager

Authored the report on the 2027 Preliminary HRA Levy.

Becky KoosmanCity Clerk

Prepared and submitted meeting minutes for the EDA.

Places Mentioned

Council Chambers, 14600 Minnetonka Blvd., Minnetonka

Events & Meetings (3)

September 14, 2026, 6:00 PM, Council Chambers, 14600 Minnetonka Blvd.
August 10, 2026, 8:16 PM, EDA meeting
July 20, 2026, City Council study session

Ordinances & Resolutions (1)

Res. 2026-008

Approving a collateral assignment of contract for private redevelopment and TIF Note with Minnetonka Marsh LLC and Wells Fargo Bank.

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