04-15-2003 HRAMHutchinson Housing & Redevelopment Authority
Regular Board Meeting — April 15, 2003
Minutes
CALL TO ORDER: Chairman Joel Kraft called the meeting to order at 7:30 a.m. Members
Present: Thor Skeie, Ian McDonald, and John Houle. Staff Present: Jean Ward, and Judy
Flemming.
2. MINUTES OF HRA BOARD MEETING ON MARCH 18, 2003
John Houle moved to approve. Ian McDonald seconded and the motion carried unanimously.
3. FINANCIAL REPORTS
Ian McDonald moved to approve the Financials. Thor Skeie seconded and the motion carried
unanimously.
4. PARK TOWERS UPDATE
Jean Ward reviewed the changes that HRLARP made to the HRA retirement plan. John
Houle asked why HRA staff did not have the same retirement plan as city employees. Jean
explained that HUD and PERA determined that HRA employees were not eligible for the
same retirement plan. Thor Skeie moved to approve Resolution 03- 04— Amended HRLARP
Retirement Plan. Ian McDonald seconded and the motion carried unanimously.
Jean Ward updated the Board on the estimates for energy conservation ideas at Park Towers
and presented the letter she submitted to the Utilities Commission for energy conservation
funding. In addition Jean presented to the Board a proposal to purchase air conditioner units
for the units that were renovated this last phase. The state electrician required a change of
wiring to the air conditioner units from 220 volts to 110 volts. The change means that the
residents would need to purchase new A/C units. The appropriate A/C units are becoming
very costly to purchase and a hardship to many residents. Jean found out that A/C units are an
eligible Capital fund expense in the future. Thor Skeie moved to approve the purchase of the
21 air conditioning units from the operating reserves and putting the purchase of the
remainder of the A/C units (80 units) in the 2004 Capital Fund plan. John Houle seconded and
the motion carried unanimously.
5. HUTCHINSON 2002/2003 SCHOOL CONSTRUCTION PROGRAM UPDATE
Jean Ward informed the Board that a purchase agreement for the home on Carolina Parkway
was reviewed and accepted for $122,186. The closing is scheduled for May 30, 2003.
Jean Ward presented to the Board the revised budget and included the closing costs and the
preliminary statement for the seller. Ian McDonald also informed the Board that the CASA
program no longer has points that need to be paid but that these points can be transferred to
closing costs.
6. HUTCHINSON 2003/2004 SCHOOL CONSTRUCTION PROGRAM UPDATE
Jean Ward informed the Board that the lot at 626 Harmony Lane was purchased for the
2003/2004 School Construction Program
7. SUBORDINATION REQUEST
Judy Flemming presented to the Board a subordination request for an Adam Street SCDP
Loan. They are refinancing with no cash out. John Houle moved to approve the
subordination. Ian McDonald seconded and the motion carried unanimously.
The Board is invited to the Senior Dining 30th Anniversary at Park Towers May 20th at
11:15AM.
9. ADJOURNMENT
There being no other business, Chairman Joel Kraft declared the meeting adjourned.
10. MEETING WITH CITY COUNCIL
Chairman Joel Kraft reviewed the HRA Year End Report with the City Council Members.
Jean Ward reviewed the housing program updates that will be presented at an upcoming City
Council Meeting.
11. WALK THROUGH AT SCHOOL CONSTRUCTION HOUSE — 966 CAROLINA
PARKWAY NW
Recorded by Jean Ward, HRA Executive Director
John Houle, Secretary /Treasurer