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09-20-2022 HRAA 111 Hassan Street SE Hutchinson, MN 55350 Website: www.hutchinsonhra.com (320) 234-4251 ● (320) 234-4240 Fax Hutchinson HRA Regular Board Meeting September 20, 2022 Agenda 1. CALL TO ORDER – 7:00 a.m. - CITY CENTER MAIN CONFERENCE ROOM a. Approve the Hutchinson HRA Regular Board Meeting agenda and any agenda additions and/or corrections. b. Congratulations, Robin, on being appointed to the HRA Board for a second term. 2. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON AUGUST 16, 2022 3. FINANCIAL REPORTS a. Consideration of City Center General Fund payments of $24,952.83 for checks 9281 to 9289 b. Consideration of City Center August 31, 2022 Financial Statements c. Consideration of Park Towers Operating Account payments of $34,206.63 for checks 15809 to 15833. d. Consideration of Resolution #2022-3 to Void Park Towers Operating Account Check 15719 e. Consideration of Park Towers July 31, 2022 & August 31, 2022 Financial Statements 4. PARK TOWERS a. Park Towers September Newsletter b. Park Towers Vacancy Report c. Operation Update 1) Notification of Award for Loss Prevention Grant Application to Housing Insurance Agency for replacement of Federal Pacific Electrical Panels in remaining 20 units 2) Submitted 2022 OCAF Rent Adjustment Request to HUD  1 BR from $656 to $677, 2 BR from $862 to $890  The monthly Replacement Reserve Deposit will increase from $2,999 to $3,068 3) HUD REAC Inspection September 22, 2022 4) Started Tenant Annual Recertifications 5) Draft Budget for next month Board Meeting will include salary/benefits adjustments (same as the city), 2023 rents, increased replacement reserves deposit, increased sewer costs, and more training/consulting costs. 5. CONSIDERATION OF APPROVAL OF CITY HOME REPAIRS PROGRAM GRANTS nd a. City Live and Work Grant & City Rehab Grant: 659 2 Ave SW 6. COMMUNICATIONS a. Rent Control Emails b. “A Place to Call Home, MN” newsletter c. Update on Maxfield Housing Study completion 7. ADJOURNMENT