02-01-2002 HRAMHUTCHINSON HOUSING & REDEVELOPMENT AUTHORITY
SPECIAL BOARD MEETING
February 1, 2002
MINUTES
1. CALL TO ORDER: 7:30 A.M - CITY CENTER CONFERENCE ROOM
Chairman Joel Kraft called the meeting to order. Members present: John Houle and
Duane Hoversten. Members absent: Thor Skeie and Debbie Goranowski. Staff
present: Jean Ward, Mary Chelin, and Judy Flemming.
2. DISCUSSION OF SCHOOL BUILD PROGRAM
• Daron VanderHeiden and Richard Buchholz, Hutchinson School District,
presented to the HRA Board the District's plans and initial start up costs for the
program.
3. CONSIDERATION OF APPROVAL — MEMORANDUM OF UNDERSTANDING
PER THE SCHOOL BUILD PROGRAM
John Houle moved to approve with the addition of language regarding Liability
Insurance and Builders Risk Insurance. Duane Hoversten seconded and the
motion carried unanimously.
4. CONSIDERATION OF SUBMISSION OF BUILDING PROGRAM APPLICATION
TO MHFA
John Houle moved to approve. Duane Hoversten seconded and the motion
carried unanimously.
5. OTHER BUSINESS
• Subordination Request for Loan 495HR3D 1. Duane Hoversten moved to approve.
John Houle seconded and the motion carried unanimously.
• Subordination Request for Loan 08666. Denied due to Board consensus for lack
of information on cash out use.
6. ADJOURNMENT
Recorded by Jean Ward, Executive Director
Debbie Goranowski, Secretary /Treasurer