11-18-2008 HRAMHutchinson Housing & Redevelopment Authority
Regular Board Meeting Tuesday, November 18, 2008, 7:00 AM
Minutes
CALL TO ORDER: Chairman Casey Stotts called the meeting to order. Members Present: Becky Felling,
LaVonne Hansen, Joel Kraft and Ruth Kimball. Staff Present: Jean Ward and Judy Flemming.
2. MINUTES OF THE HRA BOARD MEETING ON OCTOBER 21, 2008
Chairman Casey Stotts asked if there were any corrections or additions to the October 21, 2008 Minutes.
There were none, so the October 21, 2008 Minutes were approved as written.
3. FINANCIAL REPORTS
Joel Kraft moved to approve the City Center and Park Towers Financial Reports and the final payment of
the Park Towers caulking project. Ruth Kimball seconded and the motion carried unanimously.
4. PARK TOWERS
a. LaVonne Hansen moved to approve the 2008 Revised Budget Resolution 408 -18. Becky Felling
seconded and the motion carried unanimously.
b. Jean Ward updated the Board on the ventilation system project. Becky Felling moved to approve to
proceed with the exhaust vent cleaning up to $5,750. Ruth Kimball seconded and the motion carried
unanimously.
c. Jean Ward updated the Board on the apartment renovation project.
d. Jean Ward reviewed with the Board the Low Loss Ratio Award for 2004 -2006 liability insurance
policies.
5. LOAN ADMINISTRATION
a. Joel Kraft moved to approve Resolution 408 -17 authorizing immediate payment for HRA/HRA
Administered Loans based on Loan Review Committee approval AND authorizing payment within
thirty days of all undisputed invoices upon Executive Director review. Becky Felling seconded and the
motion carried unanimously.
b. Loans to Approve:
— Ruth Kimball moved to approve CFUF, Green Deferred Loan: Robert Kamrath CFUF -
$3,021.25 & GD - $972.36. LaVonne Hansen seconded and the motion carried unanimously.
c. Jean Ward updated the Board on the preliminary meeting about Energy Audit vs. Energy Counseling
for CFUF /Green Deferred Loan Program.
6. FRANKLIN GROVE EXPANDED REHAB PROJECT UPDATE
Joel Kraft moved to approve the EFG Wehde Loan 48696 and the EFG Bjorge Loan 48697 contingent to
Loan Review Committee's approval and to approve the subordination request for CR & EFG Schmeling
Loan 48686. Ruth Kimball seconded and the motion carried unanimously.
7. SCHOOL CONSTRUCTION UPDATE
a. Joel Kraft moved to award the raised -panel cabinet bid to the Hutchinson High School Cabinet Class.
LaVonne Hansen seconded and the motion carried unanimously.
b. Jean Ward updated the Board on the meeting with School Officials on November 10, 2008.
c. Jean Ward presented the Board with the net proceeds statement/lot acquisition costs statement.
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8. OTHER
a. Jean Ward informed the Board that the new HRA Website is estimated to be up and running on
December 1, 2008.
b. Judy Flemming updated the Board on the progress of determining interest in rehab and in choosing a
new SCDP rehab target area.
c. Jean Ward reviewed the Apartment Vacancy Rate Data for October 2008 with the Board.
d. Jean Ward reviewed with the Board the report on the aging status of foreclosures on the market.
e. Judy Flemming updated the Board on the marketing efforts of the Farm/City Days event.
9. Neighborhood Stabilization Program
Jean Ward updated the Board on the Neighborhood Stabilization Program. Hutchinson is not considered
an area of need, and will not be able to access the NSP funds.
10. ADJOURNMENT
Becky Felling moved for adjournment. LaVonne Hansen seconded and there being no other business,
Chairman Casey Stotts declared the meeting adjourned.
Recorded by Jean Ward, HRA Executive Director
Becky Felling, Secretary /Treasurer
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