09-16-2014 HRAMjjjRA
Hutchinson Housing &
Redevelopment Authority
Regular Board Meeting Tuesday, September 16, 2014, 7:00 AM
Minutes
CALL TO ORDER: Chairman LaVonne Hansen called the meeting to order. Members Present: Gary
Forcier, LouAnn Holmquist, and Joel Kraft. Staff Present: Jean Ward and Judy Flemming.
2. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON AUGUST 19, 2014
Gary Forcier 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 $28,605.03 for checks
8518 to 8529 & 8664, 8665. Gary Forcier seconded and the motion carried unanimously.
b. Joel Kraft moved to approve the City Center August 31, 2014 Financial Reports. LouAnn
Holmquist seconded and the motion carried unanimously.
c. Gary Forcier moved to approve the Park Towers operating account payments of $32,856.39 for
checks 12938 to 12968. LouAnn Holmquist seconded and the motion carried unanimously.
d. Joel Kraft moved to approve the July 2014 Park Towers financial statements. LouAnn Holmquist
seconded and the motion carried unanimously.
4. PARK TOWERS UPDATE
Public Hearing and review of 2015 PHA Annual & 5 Year Plan and 2015 CFP Annual and 5
Year Plan 7:30 A.M.
a. Joel Kraft moved to approve Resolution #2014-5 to Adopt PHA Annual and 5 Year Plan and to
Approve 2015 CFP Annual Plan and 5 Year Plan, and 2015 Flat Rent. LouAnn Holmquist
seconded and the motion carried unanimously.
b. Joel Kraft moved to approve Resolution #2014-6 Equal Opportunity. LouAnn Holmquist seconded
and the motion carried unanimously.
c. LouAnn Holmquist moved to approve Resolution #2014-7 the Revised ACOP, Resident Handbook,
Lease, Schedule of Charges effective September 16, 2014 and 2015 Flat Rent effective January 1,
2015. Gary Forcier seconded and the motion carried unanimously.
d. Jean Ward reviewed with the Board the September 1, 2014 Occupancy summary report: 99%
occupancy.
e. Joel Kraft moved to approve Resolution #2014-8 to approve 2015 Park Towers budget. LouAnn
Holmquist seconded and the motion carried unanimously.
f. LouAnn Holmquist moved to approve Resolution #2014-9 adopting Passbook Savings Rate. Joel
Kraft seconded and the motion carried unanimously.
SCHOOL CONSTRUCTION PROGRAM
a. 445 Adams Street — Judy Flemming updated the Board on the construction schedule.
b. Jean Ward reviewed with the Board the 907 Lewis preliminary net income of $366.59 which does
not include a partial insurance premium refund or the developer fee of $12,500.
September 16, 2014 Minutes Page 1 of 2
6. SCDP Program
a. Rental rehab application update:
• October City Council meeting regarding preliminary application signature
• Still fine tuning target area and eligible properties to show the most need and impact.
b. Close-out of SCDP owner occupied grant:
• Goal was to rehab 10 units and we actually did 12 units thanks to some program income
received during the open grant.
• Used all but $148.46 of the funding allocation.
7. COMMUNICATIONS
a. FYI: Demographic Report
b. Addition to Century Court Apartments: The Board feels that tax increment financing should only
be used if there will be non -market rate apartments in the development.
c. FYI: Letter from Hometown Realty
d. FYI: Star Tribune Article regarding public housing
e. FYI: Hutchinson Leader Article regarding HRA energy efficient homes
f. FYI: Apartment Guide update / Vacancy rate is about 2%.
8. ADJOURNMENT
Gary Forcier moved to adjourn and LouAnn Holmquist seconded. There being no other business,
Chairman LaVonne Hansen declared the meeting adjourned.
Recorded by Jean Ward, HRA Executive Director
Gary Forcier, Secretary/Treasurer
September 16, 2014 Minutes Page 2 of 2