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Hutchinson HRA Regular Board Meeting
April 21, 2026
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. Declarations of conflict of interest.
2. PUBLIC COMMENTS — Citizens Addressing the HHRA Board of Commissioners
(This is an opportunity or members of the public to address the HHRA Board.If you have a question,concern or comment,please ask to be recognized by the chair—state your name and
address for the record.Please keep comments under 5 minutes.Individuals wishing to speak for more than five minutes should ask to be included on the agenda in advance of the meeting.
All comments are appreciated,but please refrain from personal or derogatory attacks on individuals)
3. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON MARCH 17, 2026
4. FINANCIAL REPORTS
a. City Center:
1) Consideration of City Center General Fund payments of$9,911.68 for checks 9582 to 9588
2) Consideration of City Center March 2026 Financial Statements
b. Park Towers:
1) Consideration of Park Towers Operating Account payments of$87,487.92 for checks 17014
to 17048, and the 3/9/2026 Visa Bill payment
2) Consideration of Park Towers Security Deposit Account payments of$268.58 for checks
1643 & 1644
3) Consideration of Park Towers March 2026 Financial Statements
5. CONSIDERATION OF ARTIFICAL INTELLIGENCE(A.I.)POLICY
6. CONSIDERATION OF 2025 YEAR END REPORT
7. PARK TOWERS
a. Park Towers April Newsletter
b. Park Towers Vacancy Report
c. Operation Updates
1) Consideration of Office Security Updates
2) Final NSPIRE Score
8. PROGRAM UPDATES
a. Downtown Housing Rehab Program Update
b. Owner Occupied Rehab Programs Update
c. Island View Heights Lots Home Build Discussion
9. COMMUNICATIONS
a. Discussion on a past owner-occupied rehab project.
b. FYI: McLeod County Reference Sheet from the McLeod County Economic Development Forum
c. FYI: February 2026 Hutchinson Housing Market Update
d. FYI: Freddie Mac: Mortgage rates ticked down this week, averaging 6.37%. The decrease in
rates represents a positive development for prospective homebuyers and could spark a more
favorable spring homebuying season than last year.
• The 30-year fixed-rate mortgage averaged 6.37% as of April 9, 2026, down from last week
when it averaged 6.46%. A year ago at this time, the 30-year FRM averaged 6.62%.
• The 15-year fixed-rate mortgage averaged 5.74%, down from last week when it averaged
5.77%. A year ago at this time, the 15-year FRM averaged 5.82%.
10. ADJOURNMENT