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03-18-2025 HRAM HRA W O Il HYSm ar nwOP 5411I96 AND (320) 4I 5'.1. ( ) 3442 0 Fax II'M)EVE'II., P'„PAllE'4'T iP4.µdIP.WRIITY Hutchinson HRA Regular Board Meeting March 18, 2025 Minutes 1. CALL TO ORDER—Chair Renee Lynn Johnson-Kotlarz called the meeting to order at approximately 7:00 a.m. Members present: Gary Forcier, Peggy Godina, Robin Kashuba Members absent: Dan Masog Staff present: Judy Flemming, Executive Director; John Olson, HRA Technician Motion by Forcier, second by Kashuba to approve the Hutchinson HRA Regular Board Meeting agenda, including agenda additions and/or corrections, unanimous approval. 2. PUBLIC COMMENTS— No citizens addressed the HHRA Board of Commissioners. 3. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON FEBRUARY 18, 2025— Motion by Forcier, second by Johnson-Kotlarz to approve regular meeting minutes as presented, unanimous approval. 4. FINANCIAL REPORTS a. City Center: 1) Consideration of y Center General Fund 2) Consideration of City Center February 2025 Financial l ial Statements b. for checks 9506 to 9511 b. Park Towers: 1) Consideration of Park Towers Operating Account payments of$1.11,024.02 for checks 16622 to16650, and the 3/12/2025 Visa Bill payment of$5,646.49 2) Consideration of Park Towers January 31, 2025 and February 28, 2025 Financial Statements 3) PILOT $32,657.35 for Fiscal Year Ended 12/31/2024 4) Insurance Register Motion by Kashuba, second by Godina to approve City Center and Park Towers financial reports, unanimous approval. 5. PARK TOWERS a. Park Towers March Newsletter b. Park Towers Vacancy Report c. PIH Closeout Submitted to HUD February 28, 2025 d. Consideration of Resolution#2025-02 to Submit POHP Application for Sewer Main Project Flemming informed the Board of a required technical meeting on March 18. Motion by Forcier, second by Kashuba to approve resolution,unanimous approval. ,.; 111 IIllassa a Stii ec. III'� HRA H tl.kdO^WtlN S Ywe WM,%u{'OW„MRW6 AND RW;APEMdB-.&.(MAV':.Po+M'W"AN.,fl.h"Hµ:'NM""d' ......... e. Operation Update Flemming informed the Board of the upcoming lock replacement project. 6. 7:30 A.M. —2024 AUDIT PRESENTATION BY ABBY SCHMIDT OF ABDO. Abby Schmidt, CPA of Abdo presented to the Board via telephone. She highlighted an unmodified opinion and no instances of noncompliance. There was growth in both City Center and Park Towers cash accounts in 2024. Reserves for both City Center and Park Towers are healthy. There were no issues working with HHRA staff to complete the audit in a timely manner. Motion by Forcier, second by Kashuba to approve the 2024 Hutchinson HRA Audit,unanimous approval. 7. DISCUSSION ON DRAFT HHRA YEAR END REPORT AND 2025 PRIORITIES Flemming presented and led a discussion with the Board regarding HHRA's 2025 priorities for both City Center and Park Towers. Motion by Forcier, second by Kashuba to approve the Hutchinson HRA Year End Report and 2025 priorities,unanimous approval. 8. CITY HOME REPAIRS PROGRAM GRANTS Motion by Forcier, second by Kashuba for cancellation of City Rehab Grant for 645 Main Street S (application approved at 12/17/2024 Board Meeting), unanimous approval. 9. CONSIDERATION OF REVISED HUTCHINSON HRA REHAB LOAN PROGRAMS WALK- AWAY POLICY Flemming presented, highlighting additional clauses added. Motion by Forcier, second by Kashuba to approve revisions to Walk Away Policy. 10. COMMUNICATIONS a. Surveying the small downtown rental properties to determine the interest in a Downtown Rental Rehab Program. Flemming noted that interest survey letters will be sent soon. b. Interest in Creating a Single Room Occupancy Facility. Flemming informed the board of a proposal to develop such a facility in Hutchinson. c. March Planning Staff Meeting. Flemming shared with the Board a proposal for additional residential lots made to the City's Planning Staff. d. FYI: January 2025 Hutchinson Housing Market Update, indicating an increase in median sales price and a reduction in rolling 12-month closed sales. e. FYI: Freddie Mac Mortgage Market Survey, indicating a reduction in mortgage interest rates for the week of 3/5/2025. 11. ADJOURNMENT