01-21-2025 HRAA Am 111 Flassairi Stireet SE
Flutchilinsoin, MN 55350
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HUTCHMSON IHOUSINIG AND (320)234 4251. (320)234 4240 Fax
REDEVELOPMENT AUTHORITY
Hutchinson HRA Regular Board Meeting
January 21,2025
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.
2. PUBLIC COMMENTS —Citizens Addressing the HHRA Board of Commissioners
3. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON DECEMBER 17, 2024
4. FINANCIAL REPORTS
a. City Center:
1) Consideration of City Center General Fund payments of$8,301.30 for checks 9494 to 9500
2) Consideration of City Center pre-adjustment December 31, 2024 Financial Statements —pre-
adjustment Financial Statements
b. Park Towers:
1) Consideration of Park Towers Operating Account payments of$41,588.84 for checks 16573 tol6598,
and the 12/31/2024 Visa Bill
5. CONSIDERATION OF RESOLUTION 2025-1 ADOPTING 2024 HRA COMPENSATION PLAN
6. LIABILITY & PROPERTY INSURANCE PROPOSAL
7. PARK TOWERS
a. Consideration of purchase of 5 new washers & 5 new dryers
b. Park Towers January Newsletter
c. Park Towers Vacancy Report
d. PIH Closeout Update
e. Operation Update
8. UPDATE ON CITY HOME REPAIR PROGRAMS
9. UPDATE ON ISLAND VIEW CIRCLE HOUSE PROJECT
10. COMMUNICATIONS
a. Term Life Insurance
b. Hutchinson City Council approved the 2024 HRA Final Tax Levy December 19, 2023
c. 2025 City Legislative Priorities
d. FYI: November 2024 Hutchinson Housing Market Update
e. FYI: Freddie Mac Mortgage Interest Rate for the week of 1/9/2025 up from last month
f. Updated HRA Board of Commissioners & Staff List
11. ADJOURNMENT
PERFORMANCE REVIEW FOR DIRECTOR