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03-15-2011 HRAARAHutchinson HRA Regular Board Meeting Hutchinson Housing March 15, 2011 Redevelopment Authority Agenda 1. CALL TO ORDER — 7:00 a.m. - CITY CENTER MAIN CONFERENCE ROOM 2. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON FEBRUARY 15, 2011 3. FINANCIAL REPORTS a. Consideration of City Center General Fund payments for checks 7789 to 7813 for $33,937.73 and consideration of City Center February 2011 City Center Financial Statements. b. Consideration of approval of Park Towers payments of $71,199.07 for checks 11474 to 11507 and consideration of Park Towers January 2011 Year End Financial Statements. 4. PARK TOWERS UPDATE a. Proposed federal cuts in funding to Operating fund (House proposal -3% and Senate proposal -4 %) and Capital Fund (House -43% that would mean $117,000 to $66,690 and Senate no change) b. New PHAS rules 5. CONSIDERATION OF REALTOR PROPOSALS FOR 755 MILWAUKEE AND 925 STEVENS STREET 6. UPDATE ON 400 LYNN ROAD 7. NE NEIGHBORHOOD a. Consideration to approve NEN, SCDP Loan #8683 -5 Lambert that was approved by the loan review committee. b. Consideration to approve NEN, SCDP Loan #8683 -14 Zejdlik contingent to Loan Review Committee's approval. c. Consideration of opening up NE Neighborhood SCDP funds City wide effective July 16, 2011 according to grant application and grant agreement and if a waiting list is established apply to DEED for additional rehab funding. d. Review of DEED Monitoring report 8. CONSIDERATION OF 2010 FORECLOSURE REPORT 9. OTHER a. 2011 Foreclosure Update 10. ADJOURNMENT