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04-19-2011 HRAMI ARA Hutchinson Housing & Redevelopment Authority Regular Board Meeting Tuesday, April 19, 2011, 7:00 AM Minutes CALL TO ORDER: Chairman Becky Felling called the meeting to order. Members Present: LaVonne Hansen, LouAnn Holmquist and Joel Kraft. Staff Present: Jean Ward and Judy Flemming. 2. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON MARCH 15, 2011 LouAnn Holmquist moved to approve the Minutes of the regular board meeting as written. LaVonne Hansen seconded and the motion carried unanimously. 3. FINANCIAL REPORTS Joel Kraft moved to approve the City Center General Fund payments for checks 7814 to 7834 for $22,651.97 and consideration of City Center March 2011 City Center Financial Statements. LouAnn Holmquist seconded and the motion carried unanimously. LouAnn Holmquist moved to approve the Park Towers payments of $54,338.31 for checks 11509 to 11547 and consideration of Park Towers February 2011 Year End Financial Statements. LaVonne Hansen seconded and the motion carried unanimously. 4. PARK TOWERS UPDATE Jean Ward reviewed with the Board the REAC Inspection results. The HUD inspection occurred on April 15, 2011; the inspection took 4 hours. The inspector looked at the exterior of the premises, all the commons areas and 21 apartments. Preliminary it looks like the score will be over 90. When the score is over 90, inspections will only be done very three years, and Park Towers potentially will be eligible for more capital funds. CONSIDERATION OF RESOLUTION 411 -05 AMENDMENT TO THE CITY OF HUTCHINSON, MN SCDP OWNER OCCUPIED HOUSING REHABILITATION PROGRAM NE NEIGHBORHOOD PROCEDURAL GUIDE Jean Ward presented to the Board the proposed amendment to the SCDP Owner Occupied Housing Rehab Program NE Neighborhood procedural guide. City wide applications will be accepted for the owner occupied rehab waiting list effective April 19, 2011. All applicants will be asked if they have been notified by the city if they are in violation of the nuisance ordinance relating to the structure of their house. If so, the applicant will be requested to provide a copy of the letter from the city. Upon determination of eligibility, a priority will be given to applicants who have been notified by the city of a nuisance violation related to the actual structure of their house. On June 1, 2011 and thereafter, once a waiting list applicant has been processed and deemed eligible, the applicant waiting list position will be locked in based on date and time of application and their priority status. LaVonne Hansen moved to approve Resolution 411 -05 Amendment to the City of Hutchinson, MN SCDP Owner Occupied Housing Rehabilitation Program NE Neighborhood Procedural Guide. Joel Kraft seconded and the motion carried unanimously. 6. CONSIDERATION OF REHAB LOANS Joel Kraft moved to approve NEN, SCDP Loan 48683 -15 Heilman, 48683 -16 Wagen, and 48683 -17 Niemeyer contingent to Loan Review Committee's approval. LouAnn Holmquist seconded and the motion carried unanimously. April 19, 2011 Minutes Page I of 2 7. UPDATE ON 400 LYNN ROAD Jean Ward updated the Board on what was happening at 400 Lynn Road. Jean contacted MHFA to see if the CRV funds could be used for just the purchase and demolition costs associated with the project. MHFA agreed CRV funds could be used for this project. LaVonne Hansen moved to approve the Purchase Contract for 400 Lynn Road per verbal agreement with Stonecrest with a purchase price of $7,000 and payoff of taxes pursuant to purchase contract review and approval by Marc Sebora, City Attorney. LouAnn Holmquist seconded and the motion carried unanimously. CONSIDERATION OF SETTING HRA ENTRY COST ASSISTANCE TARGETS TO INCLUDE BOTH CASA AND MMP FIRST TIME HOMEBUYER PROGRAMS. Joel Kraft moved to approve targeting $30,000 of the HRA Entry Cost Assistance to MMP and CASA. LouAnn Holmquist seconded and the motion carried unanimously. 9. OTHER - FYI a. 2011 Foreclosure Update b. American Fact Finder 2010 census information for Hutchinson 10. ADJOURNMENT Joel Kraft moved for adjournment. There being no other business, Chairman Becky Felling declared the meeting adjourned. Recorded by Jean Ward, HRA Executive Director LaVonne Hansen, Secretary /Treasurer April 19, 2011 Minutes Page 2 of 2