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05-18-2010 HRAMI ARA Hutchinson Housing & Redevelopment Authority Regular Board Meeting Tuesday, May 18, 2010 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. 2. MINUTES OF THE HRA BOARD MEETING ON APRIL 20, 2010 LaVonne Hanson 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 General Fund payments of $29,535.59 for checks 7591 to 7612 and April 2010 Financial Statements and Park Towers payments of $50,979.93 for checks 11127 to 11161 and March 2010 Financial Statements. LaVonne Hansen seconded and the motion carried unanimously. 4. PARK TOWERS UPDATES a. Jean Ward updated the Board on the Parking Lot project. The Notice to Proceed was issued except for the lighting part of the project, because the fixtures still need to be determined and the Buy American Certification is still needed. The proposed start date is May 27d'. Jean will be having a General Meeting with the tenant today to explain the temporary parking and garbage plan. b. Jean Ward reviewed the Occupancy Report with the Board. SUBORDINATION REQUESTS LaVonne Hansen moved to approve the subordination requests, Levine City & HRA New Construction Gap Loans and the Johansson HRA New Construction Gap Loan on the recommendation from the Loan Review Committee. Ruth Kimball seconded and the motion carried unanimously. 6. 1116 LEWIS AVE SCHOOL CONSTRUCTION HOUSE The project is on schedule and is within the budget submitted to MHFA for value gap funding. 7. 400 LYNN ROAD PROJECT BUDGET UPDATE The Memorandum of Understanding with the School District is signed. 8. CONSIDERATION OF EXECUTION OF CONTRACT WITH THE CITY OF HUTCHINSON FOR THE ADMINISTRATION OF SCDP NE NEIGBORHOOD PROJECT Ruth Kimball moved to execute the contract with the City of Hutchinson for the administration of the SCDP NE Neighborhood project. LaVonne Hansen seconded and the motion carried unanimously. 9. CONSIDERATION OF CHANGING HRA MEETING DATE FROM JUNE 15TH TO JUNE 22ND LaVonne Hansen moved to approve changing HRA meeting date from June 15th to June 22nd. Ruth Kimball seconded and the motion carried unanimously. May 18, 2010 Minutes Page 1 of 2 10. OTHER - FYI a. Planning Staff Meeting Agenda b. 2010 List of Hutchinson Foreclosure Sales to Date c. Attendance at Greening the Heartland Conference May —Judy and Jean will attend d. Nahro Conference May 26 -28 e. Jean Vacation June 1 -June 11 11. ADJOURNMENT 19- 21 at Minneapolis Convention Center There being no other business, Chairman Joel Kraft declared the meeting adjourned. Recorded by Jean Ward, HRA Executive Director Becky Felling, Secretary /Treasurer May 18, 2010 Minutes Page 2 of 2