05-21-2013 HRAMI ARA
Hutchinson Housing &
Redevelopment Authority
Regular Board Meeting Tuesday, May 21, 2013, 7:00 AM
Minutes
CALL TO ORDER: Chairman Becky Felling called the meeting to order. Members Present: Gary
Forcier, LaVonne Hansen, Joel Kraft and LouAnn Holmquist. Staff Present: Jean Ward and Judy
Flemming.
2. 2012 AUDIT PRESENTATION BY MARK BABCOCK
LaVonne Hansen moved to approve the 2012 Audit. LouAnn Holmquist seconded and the motion carried
unanimously.
CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON APRIL 16, 2013
Joel Kraft moved to approve the Minutes of the regular board meeting with the revision of adding
LaVonne Hansen to members present. LouAnn Holmquist seconded and the motion carried
unanimously.
4. FINANCIAL REPORTS
a. LaVonne Hansen moved to approve the City Center General Fund payments of $18,235.13 for
checks 8267 to 8279 and the April 2013 City Center Financial Statements. LouAnn Holmquist
seconded and the motion carried unanimously.
b. Joel Kraft moved to approve check 48280 for $61.38. LouAnn Holmquist seconded and Gary
Forcier abstained. Motion carried with the one abstention.
c. Joel Kraft moved to approve the Park Towers payments of $55,740.73 for checks 12361 to 12397
and consideration of Park Towers March 2013 Financial Statements. Jean Ward pointed out that
the payment -in- lieu -of -taxes was made this month. LouAnn Holmquist seconded and the motion
carried unanimously.
5. CONSIDERATION OF 2011 HUD REAC AUDIT SUBMISSION
LaVonne Hansen moved to approve the 2011 Audit report that was submitted to REAC HUD. LouAnn
Holmquist seconded and the motion carried unanimously.
6. PARK TOWERS UPDATE
a. May 2013 Occupancy Report: 98% - one vacancy.
b. LouAnn Holmquist moved to approve Housing & Redevelopment Authority Resolution 4 2013 -3
Contract award to B & C for Boiler replacement project. LaVonne Hansen seconded and the
motion carried unanimously.
c. Library Project Update: new cabinets, painting, carpet, furniture & tinting on windows instead of
window treatments, which will be about $10,000 when complete.
d. Capital Funds will be available in about 4 -6 weeks. The plans for those funds are to replace old
refrigerators with new Energy Star ones and to have a Green Physical Needs Assessment done that
is due to HUD September 2014.
May 21, 2013 Minutes Page I of 2
7. CONSIDERATION OF SALE OF 734 SOUTHVIEW DRIVE SW FOR $125,000 (CLOSING ON OR
BEFORE JULY 1, 2013) AND EXECUTION OF CLOSING DOCUMENTS
Closing scheduled for June 12th. Gary Forcier moved to approve the sale of 734 Southview Drive SW
for $125,000 with a closing date of June 12, 2013 and for the execution of the closing documents. Joel
Kraft seconded and the motion carried unanimously.
8. CONSIDERATION OF PURCHASE OF 907 LEWIS AVE FOR $5,000 AND EXECUTION OF
ALL LEGAL DOCUMENTS FOR SUCH PURCHASE
a. LaVonne Hansen moved to approve the purchase of 907 Lewis Avenue for $5,000 and to execute
all legal documents for such purchase. Joel Kraft seconded and the motion carried unanimously.
b. LaVonne Hansen moved to approve the Memorandum of Understanding with School District to
construct a new home at 907 Lewis Avenue. LouAnn Holmquist seconded and the motion carried
unanimously.
9. IMAGINE HUTCHINSON PRESENTATION BY DAN JOCHUM
Dan Jochum presented the Imagine Hutchinson downtown plan.
10. HHPOP Loans
a. Subordination Request reviewed and approved by the loan review committee: LouAnn
Holmquist moved to approve the subordination request for Mackendanz file 48827, City
Revolving and HRA Loans. Joel Kraft seconded and the motion carried unanimously.
b. LaVonne Hansen moved to approve the Short Sale Request for the Abeln $5,000, HRA Loan.
LouAnn Holmquist seconded and the motion carried unanimously.
c. LaVonne Hansen moved to approve Resolution 42013 -4 Authorization the HRA Loan Review
Committee Members to Approve Short Sale Requests and Subordination Requests on Behalf of
the Housing and Redevelopment Authority of Hutchinson, MN and the Chair or Executive
Director to Execute the Required Documents. Joel Kraft seconded and the motion carried
unanimously.
11. SCDP REHAB PROJECTS
LouAnn Holmquist moved to approve the Doering, ENEN SCDP Loan, contingent to the Loan Review
Committee's approval. Joel Kraft seconded and the motion carried unanimously.
12. CONSIDERATION TO DISCONTINUE HRA ENERGY SAVER REBATE PROGRAM DUE TO
FUF MANUAL CHANGE — `Borrower shall not receive kickbacks, rebates, discounts, and /or
compensation from any subcontractor, or any party to the transaction.
Joel Kraft moved to approve to discontinue the HRA Energy Saver Rebate Program. LouAnn
Holmquist seconded and the motion carried unanimously.
13. FYI: Foreclosure Report
14. ADJOURNMENT
LaVonne Hansen moved to adjourn. There being no other business, Chairman Becky Felling declared
the meeting adjourned.
Recorded by Jean Ward, HRA Executive Director
LaVonne Hansen, Secretary /Treasurer
May 21, 2013 Minutes Page 2 of 2