05-20-2014 HRAM
Regular Board Meeting Tuesday, May 20, 2014, 7:00 AM
[[1200,499,1352,556][12][B,I,][Times New Roman]]Minute [[1352,499,1371,556][12][B,I,][Times New Roman]]s [[1371,499,1396,556][12][B,I,][Times New Roman]]
1.CALL TO ORDER: Chairman LaVonne Hansen called the meeting to order. Members Present: Gary
Forcier, LouAnn Holmquist, Steve Jensen, and Joel Kraft. Staff Present: Jean Ward and Judy
Flemming.
2.CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON APRIL 15, 2014
Joel Kraft moved to approve the Minutes of the regular board meeting as written. LouAnn Holmquist
seconded and the motion carried unanimously.
3.FINANCIAL REPORTS
Steve Jensen moved to approve:
a.the City Center General Fund payments of $41,843.10 for checks 8439 to 8458
b.the City Center April 30, 2014 Financial Reports
c.the Park Towers operating account payments of $44,307.57 for checks 12798 to 12838
d.the Park Towers Security account payments of $638.87 for check number 1508
e.the March 2014 Park Towers financial statements.
Joel Kraft seconded and the motion carried unanimously.
4.PARK TOWERS UPDATE
a.Jean Ward reviewed with the Board the 2013 PHAS unaudited score of 100/100.
b.Jean reviewed with the Board the GPNA. The report lists the useful life of the building
components and replacement costs over 20 years.
c.Jean updated the Board on the bedbug heat treatment method. This method heats the apartment up
to 130 degrees for 4 hours.
d.Gary Forcier moved to approve the Park Towers’ 2014 Improvement/Repair Plan. LouAnn
Holmquist seconded and the motion carried unanimously.
3f. Consideration of 2013 HRA Audit Report: Presentation by Mark Babcock, Babcock, Langbein &
Company
Steven Jensen moved to approve the 2013 HRA Audit Report. LouAnn Holmquist seconded and the
motion carried unanimously.
5.CITY CENTER 2015 DRAFT BUDGET
Jean reviewed with the Board the City Center 2015 draft budget. This budget is showing no increase to
the tax levy amount. The budget needs to be submitted to the City Council in August. There was some
discussion on the project fund use for neighborhood revitalization or as leverage to an SCDP
application.
6.CONSIDERATION OF CHANGE IN UNDERWRITING STANDARDS TO LIMIT LOAN
AMOUNT TO $40,000 FOR SECURED FIX UP FUND AND COMMUNITY FIX UP FUND AND
OTHER CHANGES TO MHFA HOME IMPROVEMENT PROGRAMS
Joel Kraft moved to change the underwriting standards to limit loan amounts to $40,000 for secured
Fix Up and Community Fix Up Loans and other changes to MHFA Home Improvement Programs.
Gary Forcier seconded and the motion carried unanimously.
May 20, 2014 Minutes Page 1 of 2
7.SCHOOL CONSTRUCTION PROGRAM
a.907 Lewis Avenue – The house was shown once so far. There have been some erosion control
problems; however we are working with the excavator who is responsible for the erosion control
measures, Patrick, the school instructor and the neighbors to stop the issue.
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b.445 Adam Street - Asbestos removed and will be having a meeting to discuss the plan on May 27.
8.SCDP PROGRAM
Jean reviewed the SCDP owner occupied program monitoring report with the Board. There were no
findings.
9.SCDP 2014 PRELIMINARY PROPOSAL DUE NOVEMBER 2014
a. FYI Windshield Survey Map
b. Proposed Target Area Waiting list: There was a discussion on how to prioritizes the waiting list.
10.2014 APPLICATION TO IMPACT PROGRAM FOR VALUE GAP FOR 561 ADAMS STREET
AND POTENTIAL OWNER OCCUPIED REHAB FOR ADDITIONAL IMPACT TO SCDP
RENTAL APPLICATION
Application is due to MHFA June 17, 2014.
11.COMMUNICATIONS
a.FYI - Homelessness in Southwest Minnesota report
b.Staff will be going to the MN NAHRO conference May 21-23.
12.ADJOURNMENT
Gary Forcier 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
May 20, 2014 Minutes Page 2 of 2