10-15-2013 HRAMf RA
Hutchinson Housing &
Redevelopment Authority
Regular Board Meeting Tuesday, October 15, 2013, 7:00 AM
Minutes
CALL TO ORDER: Chairman LaVonne Hansen called the meeting to order. Members Present:
LouAnn Holmquist, Steve Jensen, and Joel Kraft. Staff Present: Jean Ward and Judy Flemming.
2. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON SEPTEMBER 17, 2013
Steve Jensen moved to approve the Minutes of the regular board meeting as written. LouAnn
Holmquist seconded and the motion carried unanimously.
3. FINANCIAL REPORTS
a. Joel Kraft moved to approve the City Center General Fund payments of $24,406.62 for checks
8345 to 8352 and the September 30, 2013 City Center Financial Statements. LouAnn Holmquist
seconded and the motion carried unanimously.
b. Joel Kraft moved to approve the Park Towers operating account payments of $166,731.93 for
checks 12538 to 12569 and consideration of Park Towers Security account payment of $463.71 for
check 1500 and consideration of August 2013 Financial Statements. Steve Jensen seconded and the
motion carried unanimously.
c. Steve Jensen moved to approve payment of salaries and benefits for September upon receipt of
billing from the city. LouAnn Holmquist seconded and the motion carried unanimously.
4. PARK TOWERS UPDATE
a. October 2013 Occupancy Report: 98 %; six people on the waiting list that are being processed for
the vacant units.
b. Update on Boiler Project: The boilers are up and running. Staff training on the new system is this
afternoon.
c. Joel Kraft moved to approve Resolution 42013 -14 to void check number 12164. Steve Jensen
seconded and the motion carried unanimously.
d. Joel Kraft moved to approve the Schedule of Charges revised October 15, 2013. LouAnn
Holmquist seconded and the motion carried unanimously.
5. UPDATE ON 907 LEWIS AVE
Judy Flemming reviewed with the Board the construction schedule for 907 Lewis Avenue provided by
new High School Instructor, Patrick Duffy.
6. CONSIDERATION OF RESOLUTION 4 2013- 13APPROVAL OF SUB -PRIME LOAN POLICY
REVISION, SHORT SALE POLICY REVISION, AND HILP REVISION
Steve Jensen moved to approve Resolution 4 2013 -13 approval of sub -prime loan policy revision, short
sale policy revision and the HILP revision. LouAnn Holmquist seconded and the motion carried
unanimously.
7. CONSIDERATION OF REVISED HRA FEE SCHEDULE
Steve Jensen moved to approve the revised HRA fee schedule. Joel Kraft seconded and the motion
carried unanimously.
October 15, 2013 Minutes Page 1 of 2
8. HOUSING DATA
a. September 30, 2013 Median Sales price for Hutchinson: $125,000
b. Third Quarter foreclosure data: 35 sheriff sales at end of third quarter; projecting out to be about the
same as last year.
c. Apartment Vacancy data: Senior Housing, Non - Market Rate: 2.26 %; Senior Housing Market Rate:
4.92 %; General Occupancy, Non - Market Rate: 4.33 %; General Occupancy, Market Rate: 3.76%
for a combined total of 3.76 %.
9. SCDP REHAB PROJECTS
2 completed units; 4 under construction; 2 closing scheduled; 2 in application stage; 3 on target area
waiting list; and 5 on citywide waiting list.
10. TAX FORFEITURE AUCTION SET FOR NOVEMBER 7TH - 141 5TH AVE NE- MINIMUM BID OF
$552.00
Joel Kraft moved to proceed with the purchase of 141 5th Avenue NE after notification of CRV funding
award. Steve Jensen seconded and the motion carried unanimously.
11. COMMUNICATIONS
a. NAHRO Email: The Federal Government Shutdown effects on PHA's
b. HAI Group Award: Low Loss Achievement Award
c. Subordination Request: Joel Kraft moved to approve a subordination request for Schmeling SCDP
Loan 48686 and Schmeling City Revolving loan contingent to the Loan Review Committee
approval. Steve Jensen seconded and the motion carried unanimously.
d. Some Island View Heights lots are going to be on the County's Tax Forfeited Auction coming up in
November.
12. ADJOURNMENT
Joel Kraft moved to adjourn and Steve Jensen seconded. There being no other business, Chairman
LaVonne Hansen declared the meeting adjourned.
Recorded by Jean Ward, HRA Executive Director
Gary Forcier, Secretary /Treasurer
October 15, 2013 Minutes Page 2 of 2