11-15-2005 HRAMHutchinson Housing & Redevelopment Authority
Regular Board Meeting Tuesday, November 15, 2005
Minutes
1. CALL TO ORDER: Chairman Casey Stotts called the meeting to order. Members Present: Becky
Felling, Joel Kraft, and Dan Carlson. Staff Present: Jean Ward, and Judy Flemming.
2. INTRODUCTION OF NEW HRA BOARD MEMBER — JOEL KRAFT
3. MINUTES OF THE HRA BOARD MEETING ON OCTOBER 18, 2005
Dan Carlson moved to approve the Minutes as written. Becky Felling seconded and the motion
carried unanimously.
4. FINANCIAL REPORTS
Joel Kraft moved to approve the City Center Financials. Dan Carlson seconded and the motion
carried unanimously. Dan Carlson moved to approve the Park Towers Financials. Becky Felling
seconded and the motion carried unanimously.
5. APPOINTMENT OF BOARD MEMBER TO LOAN REVIEW COMMITTEE
Dan Carlson moved to appoint Joel Kraft to the HRA Loan Review Committee. Becky Felling
seconded and the motion carried unanimously.
6. PARK TOWERS
a. Jean Ward reviewed with the Board a memorandum of the 2005 revisions of the Park Towers
Budget. Dan Carlson moved to approve Resolution #05 -15 November 15, 2005 Budget
Revision. Becky Felling seconded and the motion carried unanimously.
b. Joel Kraft moved to approve Resolution #05 -16 Approving Change Order #8. Dan Carlson
seconded and the motion carried unanimously.
c. Jean Ward updated the Board about the stocks. Becky Felling moved to approve Resolution
#05 -17 Approving to Sell USA Mobility Shares. Dan Carlson seconded and the motion carried
unanimously.
d. Jean Ward reviewed with the Board the new operating fund formula.
7. HHPOP
a. Casey Stotts moved to approve HHPOP Loan #8813 contingent upon Joel Kraft's review and
approval. Dan Carlson seconded and the motion carried unanimously.
b. Becky Felling moved to approve to execute the CRV Fund Agreement 9- 2005 -12 -CRV. Dan
Carlson seconded and the motion carried unanimously.
8. FRANKLIN -GROVE NEIGHBORHOOD PROJECT UPDATE
a. Dan Carlson moved to approve Franklin -Grove Neighborhood SCDP Loan #8680 -27 contingent
upon Joel Kraft's review and approval. Becky Felling seconded and the motion carried
unanimously.
9. SCHOOL CONSTRUCTION PROGRAM
Jean Ward told the Board that a realtor that has a son in the School Construction Program would
like to sell the current house under construction. Jean asked the Board if they would like an RFP
sent opening up the opportunity to anyone that is interested. The Board agreed with the idea.
10. ADJOURNMENT
There being no other business, Chairman Casey Stotts declared the meeting adjourned.
Recorded by Jean Ward, HRA Executive Director
Becky Felling, Secretary/Treasurer