02-17-2015 HRAM
Regular Board Meeting Tuesday, February 17, 2015, 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, and Joel Kraft. Staff Present: Jean Ward and Judy Flemming.
2.
CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON JANUARY 20, 2015
Gary Forcier moved to approve the Minutes of the regular board meeting as written. Joel Kraft
seconded and the motion carried unanimously.
3.FINANCIAL REPORTS
a.Joel Kraft moved to approve the City Center General Fund payments of $27,429.44 for checks
8590 to 8602. LouAnn Holmquist seconded and the motion carried unanimously.
b.Gary Forcier moved to approve the City Center January 31, 2015 Financial Reports. LouAnn
Holmquist seconded and the motion carried unanimously.
c.Joel Kraft moved to approve the Park Towers operating account payments of $21,563.95 for checks
13117 to 13146. LouAnn Holmquist seconded and the motion carried unanimously.
d.Gary Forcier moved to approve the Park Towers security account payment of $631.40 for check
01518. Joel Kraft seconded and the motion carried unanimously.
e.Joel Kraft moved to approve the Year End December 2014 Park Towers financial statements: total
operating receipts $541,345.25 and total operation expenses $435,785.04 – Revenues over expenses
of $105,569.20. LouAnn Holmquist seconded and the motion carried unanimously.
4.PARK TOWERS UPDATE
a.Occupancy Report: 100%
b.Joel Kraft moved to approve Resolution #2015-2 Approving Acceptance of 2015 Capital Funds,
2015 Capital Funds Annual Statement, and execution of CFP Amendment #25. LouAnn Holmquist
seconded and the motion carried unanimously.
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c.Reac Inspection Status: The Friday, February 13 inspection went very well. 20 random units
were inspected and all of the commons areas.
5.SCDP Rental Rehab Application prepared by HRA on behalf of the City of Hutchinson
Jean Ward reviewed with the Board the SCDP Rental Rehab Program Application information
presented at the February 10, 2015, Public hearing at the City Council meeting.
6.CONSIDERATION OF 2014 YEAR END REPORT
Gary Forcier moved to approve the 2014 HRA Year End Report. LouAnn Holmquist seconded and the
motion carried unanimously.
7.COMMUNICATIONS
a. Code of Conduct to be signed by each HRA Board Member
8.ADJOURNMENT
LouAnn Holmquist moved to adorn and Joel Kraft seconded. There being no other business, Chairman
LaVonne Hansen declared the meeting adjourned.
February 17, 2015 Minutes Page 1 of 2
Recorded by Jean Ward, HRA Executive Director
Gary Forcier, Secretary/Treasurer
February 17, 2015 Minutes Page 2 of 2