11-18-2003 HRAAHutchinson Housing & Redevelopment Authority
Regular Board Meeting — November 18, 2003
Agenda
1. CALL TO ORDER — 7:30 a.m. - CITY CENTER MAIN CONFERENCE
ROOM
2. MINUTES OF HRA BOARD MEETING ON OCTOBER 21, 2003
3. FINANCIAL REPORTS
3a. City Center
3b. Park Towers
4. PARK TOWERS
4a. 2003 Revised Budget
• 2003 Revision #2 Park Towers Budget Memo
• Consideration to Approve Resolution #03 -14 Operating Budget Revision
4b. Termination of Lease Notice by Augustana Homes, Contract for Senior
Dining Awarded to New Provider - effective January 1, 2004
4c. Resident Rent Recertification Update
4d. FYI — High performers submit assessments to HUD every other year. Only
the financials need to be submitted annually.
5. REVIEW OF SUB -PRIME UNDERWRITING GUIDELINES
6. SCHOOL CONSTRUCTION UPDATE
6a. Update on House on Harmony Lane
6b. Working on Options for a Lot for 2004/2005 School Year
1. Habitat for Humanity Lots
2. 533 Hassan Street — Infill Lot
3. Other Developments: Scenic Homes — Island View Heights 6th, &
other new developments
7. UPDATE ON REDEVEOPMENT OF DOWNTOWN HOUSING
7a. Ken Merrill regarding Redevelopment Tax Increment Financing
7b. Report on Walk through of Gateway Apartments
7c. Report on Meeting with Hans Hagen, Developer of Monticello
Redevelopment Project
8. Consideration for Approval of Subordination Request for an Adam Street
Neighborhood Loan #8670.
9. FRANKLIN -GROVE NEIGHBORHOOD PROJECT UPDATE
9a. Consideration of Franklin -Grove Neighborhood SCDP Loans #8680 -07
10. RESIGNATION OF JOHN HOULE — DECEMBER 1, 2004
10a. Election of New Chairman
10b. Designation of a New Loan Review Committee Member
11. CONSIDERATION OF STEP INCREASE FOR EXECUTIVE DIRECTOR
12. ADJOURNMENT