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05-15-2012 HRAARAHutchinson HRA Regular Board Meeting Hutchinson Housing & May 15, 2012 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 APRIL 17, 2012 3. FINANCIAL REPORTS a. Consideration of City Center General Fund payments of $28,820.00 for checks 8054 to 8072 and April 2012 City Center Financial Statements. b. Consideration of approval of Park Towers payments of $23,983.38 for checks 11968 to 11997 and consideration of Park Towers March 2012 Year End Financial Statements. 4. HHPOP LOAN SUBORDINATION REQUEST Consideration of subordination request for HHPOP 8822 -Lee, City Revolving loan and HRA Entry Cost loan. 5. PARK TOWERS a. HUD visit scheduled for July 24th b. Consideration of Depository Agreements for Park Towers accounts c. Occupancy Update 6. CONSIDERATION OF MEMORANDUM OF UNDERSTANDING WITH HUTCHINSON INDEPENDENT SCHOOL DISTRICT FOR REHAB OF 734 SOUTHVIEW DRIVE SW 7. 400 LYNN ROAD a. Update 8. FIRST LOOK PROGRAM a. Update on Purchase of 734 Southview Drive SW — estimated closing date scheduled for May 16, 2012. 9. 2013 CITY CENTER BUDGET DISCUSSION IO.MAXFIELD STUDY PROPOSAL I LOTHER -CITY OF HUTCHINSON UPDATED POLICIES RELATING TO BOARDS /COMMISSIONS 12. ADJOURNMENT