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11-18-2025 HRAM 1 II"ilassainStir^ tSII::: hh"iktchinsoin, I I i )) 0 11 Ib iit : ww h tclhliin oln1hlra oir.9. HIUrCiHMSON i4OUsr...NI AND (320)234.425:1 ( 20) 234 4240 lax REDEVELOPMENT AUTHORITY Hutchinson HRA Regular Board Meeting November 18, 2025 Minutes 1. CALL TO ORDER— Gary Forcier called the meeting to order at 7:00 a.m. Members present: Gary Forcier, Mayor; Peggy Godina; Robin Kashuba. Members absent: Renee Lynn Johnson-Kotlarz; Dan Masog Others present: Judy Flemming, Executive Director; John Olson, HRA Technician; Spenser Norling, Intern. a. Approve the Hutchinson HRA Regular Board Meeting agenda and any agenda additions and/or corrections.Motion by Kashuba, second by Godina to approve the agenda, including any 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 OCTOBER 21, 2025. Motion by Kashuba, second by Godina to approve regular meeting minutes, with corrections noted for item 7.a., unanimous approval. 4. FINANCIAL REPORTS a. City Center: 1) Consideration of City Center General Fund payments of$13,438.73 for checks 9553 to 9558 and the 11/12/2025 Visa Bill payment 2) Consideration of City Center October 2025 Financial Statements b. Park Towers: 1) Consideration of Park Towers Operating Account payments of$49,782.74 for checks 16850 to 16885, and the 11/12/2025 Visa Bill payment 2) Consideration of Park Towers Security Deposit Account payment of$327.48 for checks 1640 3) Consideration of Park Towers October 2025 Financial Statements Motion by Kashuba, second by Godina to approve City Center payments, City Center October 2025 Financial Statements, Park Towers payments, and Park Tower October 2025 Financial Statements, unanimous approval. 5. CONSIDERATION OF 2026 EMPLOYEE BENEFITS PACKAGE. Motion by Kashuba, second by Godina to approve 2026 employee benefits package, as presented, unanimous approval. 6. MARKETING UPDATE. Flemming noted various marketing efforts undertaken, including 8 Bit Studio efforts, work with Hutchinson Chamber of Commerce, and reaching out to realtors. Discussion was held about also reaching out to lenders. 7. PARK TOWERS a. Park Towers November Newsletter. Flemming noted inclusion of Rent-Wise material along with the newsletter. b. Park Towers Vacancy Report c. Operation Updates. Flemming noted contract with ServePro to address one apartment. 1 II"ilassainStir^ tSII::: hh"iktchinsoin, I I i )) 0 11 Ib iit : ww h tclhliin oln1hlra oir.9. HIU OWNSON i4OUsr...NI AND (320)234.425:1 ( 20) 234 4240 lax REDEVELOPMENT AUTHORITY 8. PROGRAM UPDATES. Home improvement, 302 Dale St SW, for furnace repairs. Flemming recommended the board approve this project, contingent upon Loan Review Committee approving the application.Motion by Kashuba, second by Godina to approve applications, contingent upon approval and review by the Loan Review Committee, unanimous approval. 9. COMMUNICATIONS a. 2025 Apartment Guide Update. Flemming introduced Norling, highlighting the good work done over several weeks necessary to gather information for the apartment guide. Response for the guide improved due to Norling's efforts, yielding better, updated information to be made available. b. FYI: September 2025 Hutchinson Housing Market Update c. FYI: Freddie Mac Mortgage Interest Rate for the week of November 6, 2025: This week the 30- year fixed-rate mortgage averaged 6.22%. On a median-priced home, this could allow a homebuyer to save thousands annually compared to earlier this year, showing that affordability is slowly improving. 10. ADJOURNMENT— There being no other business, Forcier declared the meeting adjourned. Recorded by Judy Flemming, HRA Executive Director Gary Forcier, Secretary/Treasurer