10-16-2012 HRAMI ARA
Hutchinson Housing &
Redevelopment Authority
Regular Board Meeting Tuesday, October 16, 2012, 7:00 AM
Minutes
CALL TO ORDER: Vice Chairman Joel Kraft called the meeting to order. Members Present: Bill
Arndt, LouAnn Holmquist, and LaVonne Hansen. Staff Present: Jean Ward and Judy Flemming.
2. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON SEPTEMBER 18, 2012
LaVonne Hansen moved to approve the Minutes of the regular board meeting as written. Bill Arndt
seconded and the motion carried unanimously.
3. FINANCIAL REPORTS
a. LaVonne Hansen moved to approve the City Center General Fund payments of $73,072.82 for
checks 8157 to 8172 and consideration of September 2012 City Center Financial Statements. Bill
Arndt seconded and the motion carried unanimously.
b. Bill Arndt moved to approve the Park Towers payments of $34,854.18 for checks 12128 to 12163
and consideration of Park Towers August 30, 2012 Financial Statements. LaVonne Hansen
seconded and the motion carried unanimously.
4. PARK TOWERS UPDATE
a. Occupancy Update — currently there is one vacancy but it is in process to be filled.
b. LaVonne Hansen moved to approve Resolution 42012 -16 to write off bad debt. LouAnn
Holmquist seconded and the motion carried unanimously.
c. Bill Arndt moved to approve Resolution 42012 -17 to void checks. LouAnn Holmquist seconded
and the motion carried unanimously.
5. 734 SOUTHVIEW DRIVE UPDATE
Judy Flemming updated the Board on the progress of the rehab.
6. CONSIDERATION OF REVISED HRA FEE SCHEDULE 9/2012
LaVonne Hansen moved to approve the revised HRA Fee Schedule 9/2012. LouAnn Holmquist
seconded and the motion carried unanimously.
7. CONSIDERATION OF SHORT SALE REQUEST TO ISSUE SATISFACTION OF MORTGAGE
FOR ENTRY COST ASSISTANCE LOAN - E.H. CASA, BRENNEMAN DOCUMENT 4T -44694
CONTINENGENT TO LOAN REVIEW COMMITTEE APPROVAL
LouAnn Holmquist moved to approve the short sale request to issue a satisfaction of mortgage for the
Entry Cost Assistance loan, E.H. CASA — Brenneman document 4T -44694 contingent to the loan
review committee's approval. LaVonne Hansen seconded and the motion carried unanimously.
8. FYI FORECLOSURE REPORT
9. CONSIDERATION OF APPROVAL OF PROGRAM CRITERIA FOR PROPOSED HRA REHAB
LOAN PROGRAM RESOLUTION 4 2012 -18
Jean Ward reviewed with the Board the program criteria for the proposed HRA Rehab loan program.
LaVonne Hansen moved to approve the program criteria for the proposed HRA Rehab loan program
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Resolution 42012 -18 and to allocate $40,000 for the program. LouAnn Holmquist seconded and the
motion carried unanimously.
10. RESEARCH REGARDING VACANT PROPERTIES NOT SUITABLE FOR REHAB. NO STATE
MONEY TO ACQUIRE /DEMOLISH AND HOLD THE LOT. ACCORDING TO CRV MAY
APPLY FOR DEMOLITION BUT WOULD HAVE TO IMMEDIATELY BUILD A NEW HOUSE
ON THE VACANT LOT AND WOULD NEED TO APPLY FOR FUNDING AT THE NEXT RFP.
PRIORITY IS GIVEN TO FORECLOSURES.
Jean Ward reviewed with the Board the findings of her research.
11. SCDP PROGRAM UPDATE
a. 2012 Annual SCDP Report Submitted to DEED
b. LouAnn Holmquist moved to approve NENE SCDP Loan, Anderson contingent to Loan Review
Committee's approval. LaVonne Hansen seconded and the motion carried unanimously.
12. CORRESPONDENCE
Jean reviewed with the Board the draft Maxfield Housing Study. She is setting up a date for a
presentation of the final study for the HRA Board, local lenders and realtors.
13. ADJOURNMENT
LaVonne Hansen moved to adjourn and Bill Arndt 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
October 16, 2012 Minutes Page 2 of 2