01-18-2005 HRAMHutchinson Housing & Redevelopment Authority
Regular Board Meeting —
January 18, 2005
Minutes
CALL TO ORDER: Chairman Ian McDonald called the meeting to order. Members Present:
Becky Felling, Thor Skeie, Casey Stotts, and Brig Knott. Staff Present: Jean Ward, and Judy
Flemming.
2. MINUTES OF THE HRA BOARD MEETING ON DECEMBER 21, 2004
Thor Skeie moved to approve the Minutes as written. Casey Stotts seconded and the motion
carried unanimously.
3. FINANCIAL REPORTS
Year End reports will be ready for next months board meeting. Casey Stotts moved to
approve the Financials. Brig Knott seconded and the motion carried unanimously.
4. RESOLUTION #05 -01
Thor Skeie moved to approve Resolution #05 -01 Authorizing Mileage Reimbursement
According to IRS Set 2005 Rates. Brig Knott seconded and the motion carried unanimously.
5. PARK TOWERS
a. Jean Ward updated the Board on the renovation project. The Bid opening will be January
25, 2005.
b. Jean Ward told the Board the MASS report would be ready for the February Board
Meeting.
5. FRANKLIN -GROVE NEIGHBORHOOD PROJECT UPDATE
Casey Stotts moved to approve the Franklin -Grove Neighborhood SCDP Loan #8680 -20.
Thor Skeie seconded and the motion carried unanimously.
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Casey Stotts moved to approve City Revolving Rehab Loan #8680 -17R. Becky Felling
seconded and the motion carried unanimously.
7. ROLLING MEADOWS EAST UPDATE
a. Becky Felling moved to approve HHPOP loans #8803, #8804 & #8805 & #8806 on the
condition the Loan Review Committee approves the files. Thor Skeie seconded and the
motion carried unanimously.
b. Jean Ward reviewed with the Board the proposed Sweat Equity Policy. Casey Stotts
moved to approve the Sweat Equity Policy with the option that allows up to $2,000 sweat
equity for cosmetic upgrades that will not affect the builders warranty.
c. Jean Ward reviewed with the Board the draft RFP application for additional gap funds.
Becky Felling moved to approve to submit the RFP application to MHFA. Casey Stotts
seconded and the motion carried unanimously.
SCHOOL CONSTRUCTION PROGRAM UPDATE
Judy Flemming updated the Board on the progress of the construction of the home.
Jean asked Diane Sorensen of Hometown Realty for a proposal for listing the home. In
addition she asked for an option on purchasing another lot at Rolling Meadows East
contingent on the school district agreement to continue the program.
9. Thor Skeie moved to schedule a meeting with City Council on March 15th at 8 AM to review
the 2004 Year End Report. Becky Felling seconded and the motion carried unanimously.
10. ADJOURNMENT
There being no other business, Chairman Ian McDonald declared the meeting adjourned.
Recorded by Jean Ward, HRA Executive Director
Becky Felling, Secretary /Treasurer