07-21-2009 HRAAHutchinson Housing & Redevelopment Authority
Regular Board Meeting — July 21, 2009
Agenda
1. CALL TO ORDER — 7:00 a.m. - CITY CENTER MAIN CONFERENCE ROOM
2. MINUTES OF HRA BOARD MEETING ON JUNE 16, 2009
3. FINANCIAL REPORTS
a. City Center approval of City Center General Fund payments of $127,555.17 for
checks 7453 to 7471 and City Center May 2009 Financial Statements.
b. Park Towers approval of Park Towers May Financial Statements and Park Towers
payments of $39,256.42 for checks 10762 to 10807
4. REVIEW OF PARK TOWERS SURVEY AND PROPOSED PRELIMINARY
PLAT
5. CONSIDERATION OF EXECUTION OF CONTRACT WITH GREATER
MINNESOTA HOUSING FUND PROGRAM REGARDING PURCHASE OF
BANK OWNED PROPERTIES THROUGH THE NATIONAL COMMUNITY
STABILIZATION TRUST PROGRAM (NCST)
6. CONSIDERATION OF APPROVAL OF 2009 HUTCHINSON HOUSING PLAN
AND RECOMMENDATION TO CITY COUNCIL FOR APPROVAL
7. CONSIDERATION OF APPROVAL OF AMENDED REVOLVING HOUSING
LOAN PROGRAM TO ALLOW PURCHASE /REHAB OF FORECLOSED
PROPERTIES BY THE HRA AND USE OF REHAB REVOLVING LOANS IN
THE PROPOSED NE NEIHBORHOOD AS LEVERAGE TO SCDP
PREAPPLICATION AND RECOMMENDATION TO CITY COUNCIL FOR
APPROVAL.
8. CONSIDERATION OF ALLOCATING UP TO $30,000 OF HRA REHAB FUNDS
AS LEVERAGE TO THE SCDP NE NEIGHBORHOOD REHAB
PREAPPLICATION AS OWNER MATCH FINANCING
9. 2009/2010 SCHOOL CONSTRUCTION HOUSE UPDATE
a. Draft MOU
b. Net Proceeds Estimate
10. CONSIDERATION OF RESOLUTION #09 -06 TO ADOPT REVISED
PROCUREMENT POLICY
11. CONSIDERATION OF 2010 HRA CITY CENTER BUDGET
12. LOAN ADMINISTRATION
a. Consideration to Approve EFG Hierlmaier Loan #86994 and EFG Stammer Loan
#86995 Contingent to Loan Review Committee Approval
13. OTHER
a. Foreclosure Sale Update
b. New Postponement of Foreclosure law effective June 15, 2009
c. City Planning Agenda
14. ADJOURNMENT