10-17-2023 HRAA Flutchilinson, MTV 55350
HRA VUelbsirtea r ..w.enrolh_u..cll ili.2so2„1hira coin
a Uiy::HINS K' HO'USANG si vo.) (320)234 4251. (320)234 4240 Fax
Hutchinson HRA Regular Board Meeting
October 17, 2023
Agenda
1. CALL TO ORDER— 7:00 a.m. CITY CENTER MAIN CONFERENCE ROOM
a. Approve the Hutchinson HRA Regular Board Meeting agenda and any agenda additions and/or
corrections.
2. PUBLIC COMMENTS — Citizens Addressing the HHRA Board of Commissioners
3. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON SEPTEMBER
19, 2023
4. FINANCIAL REPORTS
a. Consideration of City Center General Fund payments of$17,256.08 for checks 9361 to 9369 and
void check 49361 because building permit amount changed.
b. Consideration of City Center September 30, 2023 Financial Statements
c. Consideration of Park Towers Operating Account
1) Payments of$40,843.47 for checks 16154 to 16175; and
2) EFT payment on 10/11/2023 for the $653.89 Visa Bill.
d. Consideration of Park Towers August 31, 2023 Financial Statements
5. CONSIDERATION OF REVISED EMPLOYEE BENEFITS PACKAGE
6. PARK TOWERS
a. Consideration of Park Towers Draft 2024 Budget
b. Park Towers October Newsletter
c. Park Towers Vacancy Report
d. Operation Update
1) HUD Approved 2024 OCAF Rent Adjustment
• 1 BR from $677 to $726, 2 BR from $890 to $955
• The monthly Replacement Reserve Deposit will increase from $3,068 to $3,160
2) Low Loss Ratio Award from HAI Group
3) Update on Additional Electrical Panel Replacements
4) Portions of HOTMA are delayed
7. UPDATE ON HOUSE MOVE PROJECT
8. CONTINUED DISCUSSION ON POSSIBLE HOUSING PROGRAMS &PROJECTS
9. CONSIDERATION OF APPROVAL OF CITY HOME REPAIRS PROGRAM GRANTS FOR 705
GROVE STREET SW AND 606 MAIN STREET S CONTINGENT TO LOAN REVIEW
COMMITTEE APPROVAL
Flutchilinson, MTV 55350
HRA VUelbsirtea r ..w.enrolh_u..cll ili.2so2„1hira coin
a Uiy::HINS K' HO'USANG si vo.) (320)234 4251. (320)234 4240 Fax
10. COMMUNICATIONS
a. National Community Survey Results
b. Revised City Core Value Focus 47 —Housing, After City Council Workshop
c. FYI: August Local Housing Market Update—Hutchinson
d. FYI: 2023 McLeod County Profile from MN Housing Partnership
e. Meeting with Southwest Minnesota Housing Partnership on the feasibility of some protentional
housing projects.
11. ADJOURNMENT