07-17-2012 HRAMI ARA
Hutchinson Housing &
Redevelopment Authority
Regular Board Meeting Tuesday, July 17, 2012, 7:00 AM
Minutes
CALL TO ORDER: Vice Chairman Joel Kraft called the meeting to order. Members Present: Bill
Arndt, LaVonne Hansen, and LouAnn Holmquist. Staff Present: Jean Ward and Judy Flemming.
2. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON JUNE 19, 2012
LaVonne Hansen moved to approve the Minutes of the regular board meeting as written. LouAnn
Hansen seconded and the motion carried unanimously.
3. FINANCIAL REPORTS
a. Bill Arndt moved to approve the City Center General Fund payments of $50,327.74 for checks
8109 to 8128 and consideration of June 2012 City Center Financial Statements. LouAnn Holmquist
seconded and the motion carried unanimously.
b. Bill Arndt moved to approve the Park Towers payments of $38,745.73 for checks 12035 to 12062
and consideration of Park Towers May 2012 Financial Statements. LouAnn Holmquist seconded
and the motion carried unanimously.
4. PARK TOWERS UPDATE
a. Occupancy Update — currently there are no vacancies.
b. Update on bedbug incident. Total treatment plan cost $1050.00. They are eradicated.
c. HUD visit July 24, 2012. They will walk through the building and look at the ARRA (Parking Lot
Project) records.
5. UPDATE ON 400 LYNN ROAD
Value gap is estimated around $47,000 including the HRA developer fee.
6. 734 SOUTHVIEW DRIVE UPDATE
The 3 anchors were installed to the bowing basement wall. Judy Flemming is working on getting the
subcontractors in order so the High School students can start the rehab this fall.
7. MAXFIELD STUDY PROPOSAL ADDITIONS H4 AND H5
Jean Ward and Dan Jochum will be meeting Matt Mullins from Maxfield on July 26th
2012 SCDP APPLICATION
LouAnn Holmquist moved to approve Resolution 42012 -7 to approve SCDP Administrative
Contract between City of Hutchinson and Hutchinson HRA and to approve SCDP Procedural
Guidelines for the NE and SW Neighborhoods. LaVonne Hansen seconded and the motion carried
unanimously.
9. UPDATE ON 2010 SCDP REHAB PROJECT
Bill Arndt moved to approve SCDP Loan 48683 -22 Gilhousen contingent to Loan Review
Committee's approval. LouAnn Holmquist seconded and the motion carried unanimously.
10. FYI - FORECLOSED REPORT
July 17, 2012 Minutes Page 1 of 2
11. FYI — HUTCHINSON MEDIAN SALE PRICE
12. ADJOURNMENT
Bill Arndt moved to adjourn and LaVonne Hansen seconded. There being no other business, Vice
Chairman Joel Kraft declared the meeting adjourned.
Recorded by Jean Ward, HRA Executive Director
LaVonne Hansen, Secretary /Treasurer
July 17, 2012 Minutes Page 2 of 2