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11-16-2010 HRAMI ARA Hutchinson Housing & Redevelopment Authority Regular Board Meeting Tuesday, November 16, 2010 7:00 AM Minutes Revised CALL TO ORDER: Chairman Becky Felling called the meeting to order. Members Present: Bill Arndt, Ruth Kimball and Joel Kraft. Staff Present: Jean Ward and Judy Flemming. 7:30 A.M. PUBLIC HEARING TO HEAR PUBLIC INPUT REGARDING CHANGES TO PUBLIC HOUSING GOALS, OBJECTIVES AND POLICIES Bill Arndt moved to open the public hearing. Ruth Kimball seconded. Jean Ward reviewed the changes to the public housing goals, objectives and policies. No other comments were made. Bill Arndt moved to close the public hearing. Ruth Kimball seconded. 2. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON OCTOBER 19, 2010 AND CORRECTED MINUTES FOR TUESDAY, SEPTEMBER 21, 2010 Ruth Kimball moved to approve the Minutes of the Regular Board Meeting on October 19, 2010 and the corrected Minutes for the Regular Board Meeting on September 21, 2010 as written. Joel Kraft seconded and the motion carried unanimously. 3. FINANCIAL REPORTS Joel Kraft moved to approve the City Center General Fund payments of 34,938.70 for checks 7696 to 7724 and the City Center October 2010 Financial Statements. Bill Arndt seconded and the motion carried unanimously. Joel Kraft moved to approve the Park Towers payments of $38,363.99 for checks 11321 to 11355 and Park Towers September 2010 Financial Statements with no 2010 budget revision recommended at this time. Ruth Kimball seconded and the motion carried unanimously. 4. PARK TOWERS UPDATES a. Jean Ward reviewed the raised garden Eagle Scout Project by Evan Metzger. b. Jean Ward reviewed the changes to the Park Towers Resident Handbook. Areas changed: adding smoke free building information; adding information on the new parking lot with permit parking and visitor parking and the pest policy. Joel Kraft moved to approve Resolution 4 10 -13 approving the revised Park Towers Resident Handbook effective December 1, 2010. Bill Arndt seconded and the motion carried unanimously. c. Bill Arndt move to approve the Lutheran Social Service Lease for Senior Dining at Park Towers. Joel Kraft seconded and the motion carried unanimously. 5. HRA LOAN PROGRAMS a. Bill Arndt moved to approve Resolution 410 -12 approving revision of Subordination Policies for Rehab Loan Programs and for HHPOP loans. Ruth Kimball seconded and the motion carried unanimously. b. Joel Kraft moved to approve the Subordination request of the Peterson city rehab loans. Ruth Kimball seconded and the motion carried unanimously. November 16, 2010 Minutes Revised Page 1 of 2 6. CONSIDERATION OF MATERIALS FOR SCHOOL CONSTRUCTION PROGRAM AT 755 MILWAUKEE AVE SW Bill Arndt moved to award contracts to the lowest bidders. Ruth Kimball seconded and the motion carried unanimously. 7. UPDATE ON 318 ALAN STREET SW Ruth Kimball moved to submit a purchase agreement for $67,000. Bill Arndt seconded and the motion carried unanimously. 8. 1116 LEWIS AVENUE UPDATE Jean Ward reviewed with the Board that the 1116 Lewis Ave house sold for $131,000. The expenses through October 31" are $132,171.18, not including the HRA developer fee. A few bills have yet to come in before the final value gap is calculated. 9. 400 LYNN ROAD UPDATE Habitat for Humanity found out that the property is scheduled to be sold to another investor. If Habitat for Humanity is unable to acquire 400 Lynn Road, the Board consensus was to plan to use the residual MHFA value gap from 1116 Lewis Ave projected at around $23,000 to acquire /demolish and build a new house similar to the HRA school construction house built on Harmony Lane. 10. OTHER - FYI a. Foreclosure Update 11. ADJOURNMENT There being no other business, Chairman Becky Felling declared the meeting adjourned. Recorded by Jean Ward, HRA Executive Director LaVonne Hansen, Secretary /Treasurer November 16, 2010 Minutes Revised Page 2 of 2