06-18-2019 HRAMREDEVELOPMENT AUTHORITY
Regular Board Meeting Tuesday, June 18, 2019, 7:00 AM
Minutes
1. CALL TO ORDER: Chair Renee Lynn Johnson Kotlarz called the meeting to order.
Members Present: Gary Forcier, Eileen Henry, Steve Jensen and Nikki Willemssen. Staff
Present: Jean Ward and Judy Flemming.
2. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON MAY 21,
2019
Gary Forcier moved to approve the Minutes of the regular board meeting as written. Nikki
Willemssen seconded and the motion carried unanimously.
3. FINANCIAL REPORTS
a. Nikki Willemssen moved to approve City Center General Fund payments of $14,527.78
for checks 9037 to 9043. Eileen Henry seconded and the motion carried unanimous.
b. Nikki Willemssen moved to approve City Center May 31, 2019 financial statements.
Gary Forcier seconded and the motion carried unanimously.
c. Nikki Willemssen moved to approve the Park Towers Operating Account payments
revised check register of $35,635.20 for 14631 to 14664 showing voided check #14638.
Eileen Henry seconded and the motion carried unanimous.
d. Nikki Willemssen moved to approve the Park Towers Operating Account payments of
$52,132.40 for checks 14665 to 14684. Gary Forcier seconded and the motion carried
unanimous.
e. Steve Jensen moved to approve the April 30, 2019 Park Towers financial statements.
Nikki Willemssen seconded and the motion carried unanimously.
4. PARK TOWERS UPDATE
a. Occupancy Report: Filled 2 vacant units at the beginning of the month; one more will be
ready to be filled once the vinyl planking flooring is installed.
b. Park Towers' June Newsletter — FYI.
c. Steve Jensen moved to set the 2020 Annual Plan/5 year Plan Public Hearing for 7:30
A.M. Tuesday, September 17, 2019. Nikki Willemssen seconded and the motion carried
unanimously.
d. RAD update
• CNA Consultant Dominion Due Diligence scheduled Park Towers Inspection for
June 25, 2019. They will be inspecting 25% of the units including a cross section of
types and all the accessibility units.
5. REVIEW OF HRA MISSION AND VISION STATEMENT AND HRA BYLAWS
The Board would like to condense the mission and vision statements and update the bylaws.
They will think about some options to be discussed next month.
June 18, 2019 Minutes Page 1 of 2
6. CONSIDERATION OF APPROVAL OF AT&T FOURTH LEASE AMENDMENT
Nikki Willemssen moved to approve the AT&T fourth lease amendment. Gary Forcier
seconded and the motion carried unanimous.
7. REVIEW OF 2020 CITY CENTER HRA DRAFT BUDGET
Jean Ward reviewed the 2020 City Center HRA draft budget. The Board discussed different
ideas for the use of the Project Funds.
8. UPDATE REGARDING CONSTRUCTION FINANCING FOR NEW CONSTRUCTION
1 ST TIME HOMEBUYER INITIATIVE
Jean Ward updated the Board on the developer's progress of obtaining construction financing
for the New Construction First-time Homebuyer Initiative.
9. CONSIDERATION OF SUBORDINATION REQUEST FOR STONE - CITY & HRA
REHAB LOANS
Steve Jensen moved to approve the subordination request for the Stone — City & HRA rehab
loans. Nikki Willemssen seconded and the motion carried unanimously.
10. MISCELLANEOUS
a. Gary Forcier moved to pay for the transportation cost for the Park Towers Tenant
Representative, Board Commissioner to come to the HRA Board Meeting. Nikki
Willemssen seconded and the motion carried unanimously.
11. ADJOURNMENT
Gary Forcier moved to adjourn and Nikki Willemssen seconded. There being no other
business, Chair Renee Lynn Johnson Kotlarz declared the meeting adjourned.
Recorded by Jean Ward, HRA Executive Director
, Secretary/Treasurer
June 18, 2019 Minutes Page 2 of 2