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04-19-2005 HRAMHutchinson Housing & Redevelopment Authority Regular Board Meeting — April 19, 2005 Minutes CALL TO ORDER: Chairman Ian McDonald called the meeting to order. Members Present: Becky Felling, and Thor Skeie. Staff Present: Jean Ward, and Judy Flemming. 2. MINUTES OF THE HRA BOARD MEETING ON MARCH 15, 2005 Becky Felling moved to approve the Minutes as written. Thor Skeie seconded and the motion carried unanimously. 3. FINANCIAL REPORTS Becky Felling moved to approve the Financials. Thor Skeie seconded and the motion carried unanimously. 4. PARK TOWERS a. Jean Ward updated the Board on the Renovation Project. Everything in the first phase has been demolished. Should be on target for completion in May of the first phase. b. Jean Ward asked the Board to consider adding two units ( #103 & #104) to the project. The vacant apartments would be easier to market if renovated and would save the costs for tenant relocation. The 1St floor apartments have drop ceilings, so there will be a slight increase in the renovation costs. Becky Felling moved to approve remodeling of two addition units: 103 & 104. Thor Skeie seconded and the motion carried unanimously. 5. ROLLING MEADOWS EAST UPDATE Diane Sorenson updated the Board on the status of homes sold at Rolling Meadows East. SCHOOL CONSTRUCTION PROGRAM UPDATE Diane Sorenson updated the Board on the status of interest for the School Construction Program home. A single female head of household is very interested in the home. 4. PARK TOWERS (Continued) Jean Ward reviewed with the Board the changes to the Board the Resident Handbook/Housekeeping Standards. Thor Skeie asked if automatic bill pay was available. Jean informed him that at this time it is not available, but will be considering it in the future, if residents request. Becky Felling moved to approve the effective date of May 1St for the revised Resident Handbook/Housekeeping Standards. Thor Skeie seconded and the motion carried unanimously. 5. ROLLING MEADOWS EAST UPDATE (Continued) Becky Felling moved to approve HHPOP loans #8810 & #8811 on the recommendation of the Loan Review Committee. Thor Skeie seconded and the motion carried unanimously. The Board reviewed the status of the HHPOP Affordability Gap Loan Funds. 6. CITY REVOLVING LOAN PROJECT UPDATE a. Becky Felling moved to approve the City Revolving Rehab Loan amount waiver for an additional $1,566 for Loan #8680 -21R. Thor Skeie seconded and the motion carried unanimously. 7. HOME RENTAL REHAB PROGRAM UPDATE Jean Ward and Judy Flemming reviewed with the Board the application for the HOME Rental Rehab Program. Becky Felling moved to approve submitting an application to the HOME Rental Rehab Program for Evergreen Apartments. Thor Skeie seconded and the motion carried unanimously. 8. SCHOOL CONSTRUCTION PROGRAM UPDATE (Continued) Thor Skeie moved to give Jean Ward the authorization to sign any submitted purchase agreement that is for $147,000 or more for the house built at 425 Maryland Street. Becky Felling seconded and the motion carried unanimously. The Board reviewed the budget. 9. CONSIDERATION OF LETTER SUPPORTING CONTINUED STATE INVESTMENT IN MHFA CHALLENGE PROGRAM Becky Felling moved to submit the letter supporting continued state investment in MHFA Challenge program. Thor Skeie seconded and the motion carried unanimously. 10. DISCUSSION ON HOMELESS STUDY Jean Ward gave the Board the proposal to conduct a special needs housing study. The Board tabled the discussion until the next Board Meeting. 11. ADJOURNMENT There being no other business, Chairman Ian McDonald declared the meeting adjourned. Recorded by Jean Ward, HRA Executive Director Becky Felling, Secretary /Treasurer