09-16-2008 HRAAHutchinson Housing & Redevelopment Authority
Regular Board Meeting - September 16, 2008
Agenda
1. CALL TO ORDER - 7:00 a.m. - CITY CENTER MAIN CONFERENCE ROOM
2. MINUTES OF HRA BOARD MEETING ON AUGUST 19, 2008
3. FINANCIAL REPORTS
a. City Center
- Approval of City Center General Fund Total Payments of $35,053.30 checks
7 ?75 -7 ?R5
b. Park Towers
- Approval of Total Payments of $30,968.66 (checks 10394 - 10424)
c. Approval to pay:
- up to $3,000 Downpayment assistance for previously approved HRA entry
cost assistance loan CW #9E contingent upon favorable review of loan review
committee.
- MHFA Rehab Loans:
■ $2,505 to Meyeraan Construction for Humphrey Loan
■ $9,751 to Cornerstone Contracting for Kahle Loan
■ $2,800 to Even Temp for Telecky Loan
4. PARK TOWERS UPDATE
a. Update on Apartment Renovation Project- Project Schedule
b. Consideration of 2009 Draft Park Towers Budget and Resolution #08 -14 to
Approve Final Budget
5. HOME IMPROVEMENT LOANS
a. CFUF /Green Deferred Loan Program application has been submitted to MHFA
and forwarded by MHFA staff for consideration by MHFA Board.
b. Lender partner renewal application for home improvement loans submitted to
MHFA with $500 fee.
6. SCHOOL CONSTRUCTION UPDATE
a. 1170 Prairie View Drive SW
• Financing Sheet with Estimated Payment
• Consideration of Purchase Agreement
b. 1863 Islandview Circle SW
7. HHPOP
a. First Home Help Loan/CASA Loan to be closed
b. First application given out for CASA +Energy Revolving Rehab Loan Program
for existing houses.
8. OTHER
a. Updates from Nahro Housing Conference in Duluth
9. ADJOURNMENT