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04-21-2009 HRAMHutchinson Housing & Redevelopment Authority Regular Board Meeting Tuesday, April 21, 2009, 7:00 AM Minutes CALL TO ORDER: Chairman Joel Kraft called the meeting to order. Members Present: Bill Arndt, Becky Felling, LaVonne Hansen, and Ruth Kimball. Staff Present: Jean Ward and Judy Flemming. 2. MINUTES OF THE HRA BOARD MEETING ON MARCH 17, 2009 Ruth Kimball moved to approve the Minutes as written. LaVonne Hansen seconded and the motion carried unanimously. 3. FINANCIAL REPORTS a. Bill Arndt moved to approve the City Center General Fund payments of $20,487.83 for checks 7393 to 7412 and March 2009 Financial Statements and Park Towers February Financial Statements and payments of $103,981.55 for checks 10662 to 10701. Becky Felling seconded and the motion carried unanimously. b. Bill Arndt moved to approve Resolution 409 -03, Resolution to Void Check 410406. LaVonne Hansen seconded and the motion carried unanimously. 4. CONSIDERATION OF RESOLUTION 409 -02 TO APPROVE PAYMENT OF A $35.00 PER DIEM TO BOARD MEMBERS Jean Ward reviewed with the Board the email from City Attorney, Marc Sebora and the results of the HRA Per Diem Survey. LaVonne Hansen moved to eliminate the payment of a per diem to the HRA Board Members. Bill Arndt seconded and the motion carried unanimously. 5. PARK TOWERS a. Jean Ward reviewed with the Board the results of the REAC inspection. The score was 88 which is better than last year's score. b. Jean Ward updated the Board on the vacancies, as of May 1st will be full. 6. CONSIDERATION OF REVISED HRA ENTRY COST ASSISTANCE PROGRAM CRITERIA Becky Felling moved to approve the revised HRA Entry Cost Assistance program criteria. Bill Arndt seconded and the motion carried unanimously. 7. CONSIDERATION OF REHAB SPECIALIST SERVICES Bill Arndt moved to approve to have the City of Hutchinson Building Department provide the rehab specialist services and John Watson of R & S Inspections, Inc do the Lead Assessments and clearances. LaVonne Hansen seconded and the motion carried unanimously. 8. CONSIDERATION OF REVISED LOAN SUBORDINATION PROCESS LaVonne Hansen moved to approve the revised loan subordination process. Ruth Kimball seconded and the motion carried unanimously. 9. LOAN ADMINISTRATION a. LaVonne Hansen requested a report next month showing the revolving loan funds amounts and terms. b. Becky Felling moved to approve the City Revolving Rehab Otto Loan 486992CR contingent to Loan Review Committee approval. Ruth Kimball seconded and the motion carried unanimously. c. Bill Arndt moved to approve the subordination request for the Rotzien FG Loan as recommended by the Loan Review Committee. Ruth Kimball seconded and the motion carried unanimously. 10. CONSIDERATION OF SCHOOL CONSTRUCTION HOUSE PURCHASE AGREEMENT AND REVIEW DECISION REGARDING 2009/2010 HOUSE a. The HRA Board approved the school construction house purchase agreement. April 21, 2009 Minutes Page 1 of 2 b. Review decision on a 2009/2010 house was tabled until next month to see if the school would be interested and to get a house market update. 11. FORECLOSURE UPDATE Jean Ward reviewed with the Board the Foreclosure Report. 12. STATUS OF HHI DISSOLUTION AND TRANSFER OF ASSETS Jean Ward informed the Board that all the paperwork has been submitted and after the 45 day waiting period the assets can be transferred. 13. CONSIDERATION OF GRANT DEVELOPMENT AGREEMENT WITH SOUTHWEST MINNESOTA HOUSING PARTNERSHIP FOR SCDP APPLICATION Bill Arndt moved to approve the grant development agreement with Southwest Minnesota Housing Partnership for the SCDP Application. Ruth Kimball seconded and the motion passed unanimously. 14. OTHER/FYL — April Planning /Zoning /Building Department staff meeting agenda will be given in next month's packet. — Web Site Analytics — Becky Felling will be going to a meeting on future funding for state housing programs. — Bill Arndt requested the Board packet be printed on both sides. — After a discussion, the Board decided to keep the Board Meeting at the same time. 15. ADJOURNMENT There being no other business, Chairman Joel Kraft declared the meeting adjourned. Recorded by Jean Ward, HRA Executive Director Becky Felling, Secretary /Treasurer April 21, 2009 Minutes Page 2 of 2