08-21-2001 HRAMHUTCHINSON HOUSING & REDEVELOPMENT AUTHORITY
REGULAR BOARD MEETING
August 21, 2001
Minutes
1. CALL TO ORDER: 8:00 AM — Hutchinson City Center Conference Room.
Chairman Joel Kraft called to meeting to order. Members present: Duane Hoversten,
Debbie Goranowski and Thor Skeie. Staff present: Jean Ward, Mary Chelin and Judy
Flemming.
2. CONSIDERATION OF BOARD MEETING MINUTES OF JULY 17, 2001
Duane Hoversten moved to approve. Thor Skeie and the motion carried.
3. FINANCIAL UPDATES
• Debbie Goranowski moved to approve Executive Jean Ward's checking on
getting the best interest rate for CD maturing on 8/21/01. Duane Hoversten
seconded and the motion carried.
• Thor Skeie moved to approve the financial reports. Debbie Goranowski seconded
and the motion carried.
4. PARK TOWERS UPDATE
Per letter of explanation form Auditor, per request by Board, Duane Hoversten moved to
approve the 2000 Audit. Thor Skeie seconded and the motion carried.
5. APPOINTMENT OF BOARD MEMBER
Thor Skeie received Second Term Appointment approval by City Council.
6. REHAB UPDATE
• A Consideration of Approval of the Administrative Fee Contract for the Willmar
Home Rental Project was presented. Thor Skeie moved to approval Debbie
Goranowski seconded and the motion carried.
• The Board was informed that a Public Hearing for the Franklin -Grove SCDP
Application is set for August 28h 2001.
• Duane Hoversten moved to approve MHFA's Administrative Contract for the 2001-
2003 Rehabilitation Loan Phase. Debbie Goranowski moved to second and the
motion carried.
7. WELLS FARGO GOLF OUTING
The Board was informed that they were invited to the Golf Outing on Friday, August
24tH
8. OTHER BUSINESS
A Subordination Request for Loan 400014D -IAI was presented for approval. Duane
Hoversten moved to approve. Thor Skeie seconded and the motion carried.
Judy Hanson reported that there is going to be Two HHPOP Loans requesting for
$30,000 of DTED Gap Assistance.
Mary Chelin reported on the status of the 565 Jefferson and Clinton House HOME
Rental Rehab Projects.
Jean Ward reported that work continues on the Park Towers Annual Plan including,
revised Lease, Admissions Policy and schedule of changes to Grievance Policy.
9. ADJOURNMENT
There being no other business Chairperson, Joel Kraft, declared the meeting adjourned.
Recorded by Jean Ward, Executive Director
Debbie Goranowski, Secretary /Treasurer