01-20-2009 HRAAHutchinson Housing & Redevelopment Authority
Regular Board Meeting - January 20, 2008
Agenda
1. CALL TO ORDER - 7:00 a.m. - CITY CENTER MAIN CONFERENCE ROOM
Welcome to Bill Arndt -HRA Board member City Council representative
replacing Casey Stotts
2. MINUTES OF HRA BOARD MEETING ON DECEMBER 16, 2008
3. FINANCIAL REPORTS
a. City Center
1. Approval of City Center December 2008 Financial Statements and Approval of
City Center General Fund payments of $21,048.91 for checks 7345 to 7358.
b. Park Towers
1. Approval of Park Towers November 30, 2008 Financial Statements and Park
Towers payments of $31,973.27 for checks 10538 to 10571.
c. Authorization for Joel Kraft, HRA Board Chairman and Jean Ward, Executive
Director to act as signatories on Hutchinson Housing & Redevelopment Authority
Accounts according to HRA Bylaws.
4. CONSIDERATION OF RESOLUTION 909-01,2009 MILEAGE REIMBURSEMENT RATE
5. PARK TOWERS UPDATE
a. Update on Year end vacancy rates at Park Towers
b. Update on Apartment Renovation Project
c. Ventilation Cleaning Proposals
d. Consideration of Execution of Preservation Affordable Investment Fund - Public
Housing Grant Agreement
e. Consideration of SimplexGrinnell proposal to install CO detectors according to
code requirements.
6. LOAN ADMINISTRATION
a. Loans to Approve:
- CFUF, Green Deferred Loan: Solis CFUF & GD - Up to Maximum Loans
7. FRANKLIN GROVE EXPANDED REHAB PROJECT UPDATE
a. Consideration to Approve EFG Otto Loan #86992 Contingent to Loan Review
Committee
b. Consideration to Approve EFG French Loan #86993 Contingent to Loan Review
Committee
8. HOME RENTAL REHAB UPDATE
a. Request by MHFA to act as administrator of Westgate Home Rental Rehab
project. Preliminary administrative charge estimated at around $6,000- contract to
follow with MHFA.
9. FORECLOSURE UPDATE
a. Foreclosure Prevention and Remediation Plan dated January 6, 2009
b. Star Tribune News Article
10. OTHER
a. HRA Logo Apparel
b. Planning /Zoning /Building Department agenda for January 5, 2009 staff meeting
11. ADJOURNMENT
Tour of completed construction project at Park Towers and Ribbon Cutting