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03-19-2002 HRAMHUTCHINSON HOUSING & REDEVELOPEMENT AUTHORITY REGULAR BOARD MEETING MARCH 19, 2002 MINUTES CALL TO ORDER: Chairperson, Joel Kraft called the meeting to order. Members Present: Thor Skeie, Duane Hoversten and John Houle. Members Absent: Debbie Goranowski. Staff Present: Jean Ward, Judy Flemming and Mary Chelin. IL CONSIDERATION OF MINUTES OF BOARD MEETING ON FEBRUARY 19, 2001 John Houle moved to approve. Duane Hoversten seconded and the motion carried unanimously. III. FINANCIAL REPORT Duane Hoversten moved to approve. John Houle seconded and the motion carried unanimously. IV. PARK TOWERS UPDATE • Jean Ward reported on the REAC inspection. Board members will be forwarded a copy of the written report after it has been received. • The contract awarded to Widseth - Smith- Nolting has been executed. V. EXTENSION OF ROLLING MEADOWS Diane Sorenson presented plans for continuation of Rolling Meadows as a Building Better Neighborhood along with a request for HRA/City participation to meet Greater MN Housing Fund's requirements. She also presented plans for single family units at the Ravenwood Development and requested that the HRA apply to CASA for First Time Home Buyer Funds for that project. Mark Ruff, Ehlers, presented different options for City participation in the Building Better Neighborhoods concept. After the presentation, it was recommended that a committee of HRA Board representatives and City Council representatives meet to decide which option would be the best to present to recommend to the City Council. VI. FRANKLIN -GROVE HOUSING REHABILITATION PROJECT • The Board was informed of the Award of $600,000 for the Project. • A timeline was presented for the implementation of the Project VIII. HHPOP Consideration of Resolution 02 -0, 2002 Purchase Price Limit was presented for approval. John Houle moved to approve. Thor Skeie seconded and the motion carried unanimously. IX. MILEAGE REINBURSEMENT Consideration of Resolution 02 -04, approving an increase form 34.5¢ /mile to 36.5¢, per the IRS approved increase for the City was presented. Thor Skeie moved to approve. John Houle seconded and the motion carried unanimously. XI. LAND TRUST INFORMATION The Board was given and discussed information on Land Trust. The consensus was that there is no interest in the program at this time. XII. OLD BUSINESS The Board was presented a revised Guideline for Subordination Requests. Duane Hoversten moved to approve. John Houle seconded and the motion carried. XIII. ADJOURNMENT There being no other business, Chairman Joel Kraft declared the meeting adjourned. Recorded by Jean Ward, HRA Executive Director Debbie Goranowski, Secretary /Treasurer