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02-16-2016 HRAM ./O . HRXA HUTCHINSON HOUSVNG AND 111111111.PM1NT AUTHORITY Regular Board Meeting Tuesday,February 16, 2016, 7:00 AM Minutes 1. CALL TO ORDER: Chairman LaVonne Hansen called the meeting to order. Members Present: Gary Forcier, LouAnn Holmquist, Steve Jensen and Pat Lembcke. Staff Present: Jean Ward and Judy Flemming. 2. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON JANUARY 19, 2016 Steve Jensen moved to approve the Minutes of the regular board meeting as written. Gary Forcier seconded and the motion carried unanimously. 3. FINANCIAL REPORTS a. Steve Jensen moved to approve the City Center General Fund payments of$11,229.78 for checks 8727 to 8731. Gary Forcier seconded and the motion carried unanimously. b. Steve Jensen moved to approve the Park Towers operating account payments of$27,498.54 for checks 13514 to 13548 and approval of Park Towers Security Account payment of$68.96 for check 1537. LouAnn Holmquist seconded and the motion carried unanimously. c. LouAnn Holmquist moved to Approve the December 2015 and January 2016 City Center financial statements. Steve Jensen seconded and the motion carried unanimously. d. Steve Jensen moved to approve Resolution#2016-4 to Void Check #1529. LouAnn Holmquist seconded and the motion carried unanimously. 4. PARK TOWERS UPDATE a. Review of February Occupancy - 1 vacant apartment to be filled mid-month b. Elevator Project Substantial Completion Date February 11, 2016 c. FYI Park Towers Newsletter d. Jean Ward reviewed with the Board a complaint received about a tenant smoking in his apartment. 5. CONSIDERATION OF RESOLUTION 2016-3 FOR APPROVAL OF $80,040 IN OWNER MATCH RENTAL REHAB FINANCING FROM SCDP REVOLVING PROGRAM AND LOCAL INCOME The Board discussed the need for owner match funding to stimulate the City of Hutchinson Downtown Rental Rehab Program. Steve Jensen moved to approve Resolution#2016-3 for Approval of$80,000 in Owner Match Rental Rehab Financing from SCDP Revolving Program and Local Income. LouAnn Holmquist seconded and the motion carried unanimously 6. CONSIDERATION OF 2015 YEAR END REPORT AND 2015 YEAR END BY THE NUMBERS REPORT Jean Ward presented to the Board the 2015 Year End Report and the 2015 Year End by the Numbers. Gary Forcier moved to approve the 2015 Year End Report and the 2015 Year End by the Numbers. Pat Lembcke seconded and the motion carried unanimously. 7. COMMUNICATIONS Mayor Forcier informed the Roard that a hotel is to be built at the intersection of Highway 7 & 15. 8. ADJOURNMENT There being no other business, Chairman LaVonne Hansen declared the meeting adjourned. Recorded by Jean Ward, HRA Exec live Director Gary Forcier, Secretary/Treasurer February 16,2016 Minutes Page 1 of 1