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HomeMy WebLinkAbout05-19-2026 HRAM IIIWIIIIlu�llllll � rellh V IIII II VIII 'l5 2 E 4251. 32 '2 m m ievrc:ns sauu ucvs�us �'v m,1 11— 1I1- VI IV "w Vlmlll tvWs�,muui�n a��.��wnt�iou>uu�uax,�uu rawu+wvixh Hutchinson HRA Regular Board Meeting May 19, 2026 Minutes 1 CALL TO ORDER—Renee Lynn Johnson-Kotlarz called the meeting to order at 7:00 a.m. Members present: Nicole Engh; Gary Forcier, Mayor; Peggy Godina; Bruce Naustdal Members absent: None Others present: Judy Flemming, Executive Director; John Olson, HRA Technician. a. Approve the Hutchinson HRA Regular Board Meeting agenda and any agenda additions and/or corrections.Motion by Forcier, second by Engh to approve the agenda, including removing Park Towers'April financial statements and Revised VA WA Staff Policy, unanimous approval. b. There were no declarations of conflict of interest. 2. PUBLIC COMMENTS—No citizens addressed the HHRA Board of Commissioners. 3. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON APRIL 21, 2026 Motion by Forcier, second by Engh to approve regular meeting minutes, unanimous approval. 4. FINANCIAL REPORTS a. City Center: 1) Consideration of City Center General Fund payments of$10409.28 for checks 9589 to 9595 2) Consideration of City Center April 2026 Financial Statements Motion by Engh, second by Forcier to approve City Center payments and City Center Financial Statements for April 2026, unanimous approval. b. Park Towers: 1) Consideration of Park Towers Operating Account payments of$37,837.27 for checks 17049 to 17082, and the 5/13/2026 Visa Bill payment 2) Consideration of Park Towers Security Deposit Account payments of 940.61 for checks 1645 & 1646 Motion by Forcier, second by Engh to approve Park Towers payments for April 2026, unanimous approval. 5. PARK TOWERS a. Park Towers May Newsletter b. Park Towers Vacancy Report c. Operation Updates 1) Consideration of Grounds Keeping Contract. Motion by Forcier, second by Engh to approve groundskeeping contract, unanimous approval. 2) Consideration of Office Security Camera Updates. Motion by Naustdal, second by Engh to approve proposal from CIT for office security cameras, unanimous approval. 3) Consideration of Revised VAWA Staff Policy. Motion by Engh, second by Forcier to approved Revised VA WA Staff Policy, unanimous approval. 6. PROGRAM UPDATES a. Owner Occupied Rehab Programs Update 1) Consideration of approval of City Home Repairs Program grant: City Home Repair Grant for 840 Dale Street SW. Motion by Forcier, second by Naustdal to approve, unanimous approval. 1 1f rl t 1181: of w�mqj ui s iml�lmiu c , �m W 41g *4 uavev::aiL:vr��.�wuHuw�uvua'ir.*.,uasvu+�,¢s't'v b. Island View Heights Lots Discussion. Flemming presented the process undertaken and the discussions that have taken place to-date, narrowing it down to two primary options, including: 1)HRA-led Requests for Proposals from developers/builders, or 2) Consideration of utilizing the Southwest MN Community Land Trust. In either case, construction wouldn't be likely until 2027 at the earliest. Considering the potential for additional contributions from sources other than HRA, which would make the homed more affordable, the result of the discussion was to proceed with providing a letter of support. Motion by Naustdal, second by Engh to approve providing a letter of support. 7. COMMUNICATIONS a. FYI: 2025 HRA Year End Report Presentation to City Council 5/12/2026 b. FYI: City Amending Ordinance to eliminate the 2-term limit for commissioner being on a Board. Flemming noted the amended ordinance had first-reading at the recent City Council meeting, with the second reading and adoption proposed for a June City Council meeting. c. Executive Director's Email Response to Station's "County housing program showcases needs, opportunities"news article. d. FYI: Planning/Building/Zoning Department Year End Report e. FYI: March 2026 Hutchinson Housing Market Update f. FYI:,Freddie Mac: The 30 year fixed rate mortgage averaged 6.37%this week. Recent data points to slightly better conditions for buyers with a boost in new-home sales,median new-home prices being down to their lowest level since July 2021, and higher inventory than in recent years. Together, these trends could modestly ease affordability pressures through the spring homebuying season. • The 30-year fixed-rate mortgage averaged 6.37% as of May 7, 2026, up from last week when it averaged 6.30%. A year ago at this time, the 30-year FRM averaged 6.76%. • The 15-year fixed-rate mortgage averaged 5.72%, up from last week when it averaged 5.64%. A year ago at this time, the 15-year FRM averaged 5.89%. 8. ADJOURNMENT—There being no other business, Johnson-Kotlarz declared the meeting adjourned. Recorded by Judy Flemming, HRA Executive Director A / / / - Gary Forcer, Secretary/Treasurer