07-19-2016 HRAMh
HRA
HUTCHINSON HOUSING AND
REMvELOPMENT Au1Hl7HIIY
Regular Board Meeting Tuesday, July 19, 2016, 7:00 AM
Minutes
1. CALL TO ORDER: Chairman Pat Lembcke called the meeting to order. Members Present:
Gary Forcier, LouAnn Holmquist, Steve Jensen and Renee Lynn Johnson Kotlarz. Staff
Present: Jean Ward and Judy Flemming.
2. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON JUNE 2l, 2016
Steve Jensen moved to approve the Minutes of the regular board meeting as written. LouAnn
Holmquist seconded and the motion carried unanimously.
3. FINANCIAL REPORTS
a. LouAnn Holmquist moved to approve the City Center General Fund payments of
$12,923.02 for checks 8770 to 8776. Renee Lynn Johnson Kotlarz seconded and the
motion carried unanimously.
b. LouAnn Holmquist moved to approve the Park Towers operating account payments of
$30,330.95 for checks 13663 to 13689 and the Park Towers security account payments of
$58.51 for checks 1545. Steve Jensen seconded and the motion carried unanimously.
c. Steve Jensen moved to approve the May 31, 2016 Park Towers financial statements.
LouAnn Holmquist seconded and the motion carried unanimously.
d. LouAnn Holmquist moved to approve the June 30, 2016 City Center financial statements.
Renee Lynn Johnson Kotlarz seconded and the motion carried unanimously.
4. PARK TOWERS UPDATE
a. FYI Occupancy Report — 99% occupied
b. Jean Ward reviewed with the Board the Park Towers' July Newsletter.
5. SCDP RENTAL REHAB PROGRAM APPLICATION
a. Judy Flemming reviewed with the Board the SCDP Rental Rehab Interest List.
3e. Auditor Mark Babcock, reviewed the 2015 Audit report with the Board. Steve Jensen moved
to approve the 2015 Audit Report. LouAnn Holmquist seconded and the motion carried
unanimously.
6. CONSIDERATION OF RESOLUTION NO. 2016- 10 RECOMMENDING THAT THE CITY
COUNCIL MODIFY DEVELOPMENT DISTRICT NO. 4, ESTABLISH TAX INCREMENT
FINANCING DISTRICT NO 4-18 THERIEN AND ADOPT A MODIFICATION TO THE
DEVELOPMENT PROGRAM AND ADOPT THE TAX INCREMENT FINANCING PLAN
THEREFOR
Steve Jensen moved to approve Resolution No. 2016-10 Recommending that the City Council
Modify Development District No. 4, Establish Tax Increment Financing District No. 4-18 therein and
Adopt a Modification to the Development Program and Adopt the Tax Increment Financing Plan
therefor. Renee Lynn Johnson Kotlarz seconded and the motion carried unanimously.
July 19, 2016 Minutes Page 1 of 2
7. CONSIDERATION OF DRAFT TIF DEVELOPMENT AGREEMENT FOR TIF DISTRICT 4-18
AND RECOMMENDATION FOR CITY COUNCIL APPROVAL PENDING CITY ATTORNEY
APPROVAL
Steve Jensen mowed to approve the draft TIF Development Agreement for District No. 4-18 and to
recommend City Council approval pending City Attorney approval. LouAnn Holmquist seconded
and the motion carried unanimously.
8. CONSIDERATION OF 2017 CITY CENTER BUDGET AND RECOMMENDATION TO CITY
COUNCIL TO APPROVE 2017 HRA TAX LEVY
Steve Jensen moved to approve the 2017 City Center Budget and Recommend to the City
Council to Approve the 2017 HRA Tax Levy. Renee Lynn Johnson Kotlarz seconded and the
motion carried unanimously.
9. HRA 2016 - 2020 WORKPLAN DRAFT FOR CONSIDERATION AT AUGUST HRA BOARD
MEETING
Jean Ward asked the Board to review the draft 2016-2020 Work plan and email her any
additions.
10. FORECLOSURE REPORT
Jean Ward reviewed with the Board the foreclosure report. Foreclosures are going down.
11. COMMUNICATIONS
None.
12. ADJOURNMENT
There being no other business, Chairman Pat Lembcke declared the meeting adjourned.
Recorded by Jean Ward, HRA Executive Director
Gary Forcier, Secretary/Treasurer
July 19, 2016 Minutes Page 2 of 2