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07-15-2003 HRAMHutchinson Housing & Redevelopment Authority Regular Board Meeting — July 15, 2003 Minutes CALL TO ORDER: Chairman Joel Kraft called the meeting to order. Members Present: Duane Hoversten, Thor Skeie, and John Houle. Staff Present: Jean Ward, and Judy Flemming. 2. MINUTES OF HRA BOARD MEETING ON JUNE 19, 2003 John Houle moved to approve. Thor Skeie seconded and the motion carried unanimously. 3. FINANCIAL REPORTS John Houle moved to approve the Financials. Duane Hoversten seconded and the motion carried unanimously. 4. FAIRWELL TO CHAIRMAN JOEL KRAFT AND HRA BOARD MEMBER REPLACEMENTAPPLICANTS This is the last meeting of Chair Joel Kraft's term. The Board and staff thanked Joel Kraft for his 10 years of service. We all greatly appreciated him. Jean Ward had Melissa Starke, the City Council Secretary, advertise for anyone interested in being on the HRA board. Melissa had two applicants: Becky Felling, who specifically applied for the HRA Board and Lemoine (Lee) Grams, who was interested in any City Board. The Board discussed each application. John Houle moved to recommend to the City Council to appoint Becky Felling to the HRA Board. Thor Skeie second and the motion carried unanimously. 5. PARK TOWERS UPDATE Jean Ward reminded the Board that the Annual Plan public hearing is at noon on July 30th at Park Towers. Jean presented to the Board Resolution #03 -06 to officially void a list of outstanding check on Park Towers Books. Duane Hoversten wanted to know more about the checks, so the Resolution was tabled. 6. CONSIDERATION FOR APPROVAL OF 2004 CITY CENTER BUDGET Jean reviewed the budget with the Board. The Board wanted to know what the percent of the allowed tax levy did the HRA request last year. Jean told them that last year the HRA requested 90% of the allowed tax levy and this year would be 91 %. The Board also wanted to know if Jean planned on hiring any additional staff. Jean said that at the present there is no need for additional staff. Jean also told the Board that she was approached by Nan Crary to meet regarding housing programs in McLeod County. Jean will update the Board after her meeting. Thor Skeie moved to approve the 2004 City Center Budget. John Houle seconded and the motion carried unanimously. 7. CONSIDERATION OF EXECUTION OF REHAB LOAN PROGRAM CONTRACT Jean reviewed the contract with the Board. John Houle wanted to know why we were doing these loans in other counties. Jean told him that there were not many other agency that would help those communities and that the administration fees covers the cost for these loans. Duane thought it was a good idea to help the other communities because Hutchinson is a Regional Center. Duane Hoversten moved to execute the Rehab Loan Program Contract with MHFA. Thor Skeie seconded and the motion carried unanimously. FYI • Jean Ward informed the Board Kim Stuart from MHFA was out for a meeting with CASA Lenders and the Hutchinson Realtors. The meeting created interest in having MHFA have a realtor continuing education training in Hutchinson sometime in September. The HRA will be working to set the meeting up. Also, the Research Analyst at MHFA discovered a sorting error in calculating the McLeod County purchase price for existing homes. Instead of going from $112,000 to $92,000, the new purchase price will be $114, 427. • Also she told them that Patrick Armon from DTED will be coming to do a Monitoring Visit for the Franklin -Grove Neighborhood Rehab Project July 23rd and 24th. Pat would be available for an Exit Meeting on the 24th. • Jean thanked 3M for its donation to the High School Construction Program and the Intergenerational program at Park Towers. The Board decided to have the Annual Meeting, which is scheduled for the next Board Meeting at the same time as the regular meeting. 9. ADJOURNMENT There being no other business, Chairman Joel Kraft declared the meeting adjourned. Recorded by Jean Ward, HRA Executive Director John Houle, Secretary /Treasurer