01-20-2009 HRAMHutchinson Housing & Redevelopment Authority
Regular Board Meeting Tuesday, January 20, 2009, 7:00 AM
Minutes
CALL TO ORDER: Chairman Joel Kraft called the meeting to order. Members Present: LaVonne Hansen,
and Ruth Kimball. Staff Present: Jean Ward and Judy Flemming.
Welcome to Bill Arndt —HRA Board member City Council representative replacing Casey Stotts.
2. MINUTES OF THE HRA BOARD MEETING ON DECEMBER 16, 2008
LaVonne Hansen moved to approve the Minutes as written. Ruth Kimball seconded and the motion carried
unanimously.
3. FINANCIAL REPORTS
Ruth Kimball moved to approve the City Center and Park Towers Financial Reports and Authorization for
Joel Kraft, HRA Board Chairman and Jean Ward, Executive Director to act as signatories on Hutchinson
Housing & Redevelopment Authority Accounts according to HRA Bylaws. LaVonne Hansen seconded
and the motion carried unanimously.
4. CONSIDERATION OF RESOLUTION 409-01,2009 MILEAGE REIMBURSEMENT RATE
LaVonne Hansen moved to approve Resolution 409 -01, 2009 Mileage reimbursement Rate. Ruth Kimball
seconded and the motion carried unanimously.
5. PARK TOWERS
a. Jean Ward updated the Board on the year end vacancy rates, on the apartment renovation project and
the ventilation cleaning project.
b. Ruth Kimball moved to approve the execution of the Preservation of Affordable Investment Fund -
Public Housing Grant Agreement. LaVonne Hansen seconded and the motion carried unanimously.
c. LaVonne Hansen moved to approve the SimplexGrinnell proposal to install CO detectors according to
code requirements in the laundry room and the boiler room. Ruth Kimball seconded and the motion
carried unanimously.
6. LOAN ADMINISTRATION
Ruth Kimball moved to approve the Solis CFUF & Green Deferred Loans. LaVonne Hansen seconded and
the motion carried unanimously.
7. FRANKLIN GROVE EXPANDED REHAB PROJECT UPDATE
Ruth Kimball moved to approve the EFG Otto Loan 486992 and the EFG French Loan 486993 contingent
to Loan Review Committee's approval. LaVonne Hansen seconded and the motion carried unanimously.
8. HOME RENTAL REHAB UPDATE
Jean Ward informed the Board of the request by MHFA to act as administrator of Westgate Home Rental
Rehab project. Preliminary administrative charge estimated at around $6,000- contract to follow with
MHFA.
9. FORECLOSURE UPDATE
a. Jean Ward reviewed with the Board the Foreclose Prevention and Remediation Plan dated January 6,
2009.
b. FYI — January 14, 2009 Star Tribune New Article, "Metro best sellers: foreclosures"
January 20, 2009 Minutes Page I of 2
10. OTHER
a. Judy Flemming updated the Board on the purchase of HRA logo shirts.
b. FYI- Planning Staff Information
11. ADJOURNMENT
There being no other business, Chairman Joel Kraft declared the meeting adjourned.
Recorded by Jean Ward, HRA Executive Director
Becky Felling, Secretary /Treasurer
January 20, 2009 Minutes Page 2 of 2