03-17-2015 HRAM1j1RA
Hutchinson Housing &
Redevelopment Authority
Regular Board Meeting Tuesday, March 17, 2015, 7:00 AM
Minutes
CALL TO ORDER: Vice Chairman Joel Kraft called the meeting to order. Members Present: Gary
Forcier, LouAnn Holmquist, and Steve Jensen. Staff Present: Jean Ward and Judy Flemming.
2. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON FEBRUARY 17, 2015
Gary Forcier moved to approve the Minutes of the regular board meeting as written. LouAnn
Holmquist seconded and the motion carried unanimously.
FINANCIAL REPORTS
a. Steve Jensen moved to approve the City Center General Fund payments for checks 8603 to 8609
for $22,147.96. LouAnn Holmquist seconded and the motion carried unanimously.
b. Steve Jensen moved to approve the City Center February 28, 2015 Financial Reports. LouAnn
Holmquist seconded and the motion carried unanimously.
c. Steve Jensen moved to approve the Park Towers operating account payments of $55,600.05 for
checks 13147 to 13181. LouAnn Holmquist seconded and the motion carried unanimously.
d. Steve Jensen moved to approve the January 2015 Park Towers financial statements. LouAnn
Holmquist seconded and the motion carried unanimously.
4. PARK TOWERS UPDATE
a. Occupancy Report: 100% plus awaiting list.
b. FYI: PHAS 2014 Year End Score 99/100 and Reac Inspection Report
c. Minnesota Housing Public Housing Bond $234,000 Award for Park Towers Elevator
Modernization. The next step is to get the bid documents from the consultant so they can be sent
out.
5. CONSIDERATION OF RESOLUTION #2015-3 DEFINING REVOLVING PROGRAM
REQUIREMENTS FROM SCDP LOCAL INCOME PROJECTS AND SCDP PROGRAM INCOME
PROJECTS.
LouAnn Holmquist moved to approve Resolution #2015-3 Defining Revolving Program Requirements
from SCDP Local Income Projects and SCDP Program Income Projects. Gary Forcier seconded and
the motion carried unanimously.
6. CONSIDERATION OF RESOLUTION #2015-4 APPROVING LOCAL INCOME PROJECT
REQUIREMENTS FOR 445 ADAMS STREET SE
Steve Jensen moved to approve Resolution #2015-4 Approving Local Income Project Requirements for
445 Adams Street SE. Gary Forcier seconded and the motion carried unanimously.
7. CONSIDERATION OF RFP TO LIST HOUSE AT 445 ADAMS STREET SE
Gary Forcier moved to approve sending out the RFP to list the house at 445 Adams Street SE. LouAnn
Holmquist seconded and the motion carried unanimously.
CONSIDERATION OF SUBORDINATION REQUEST FOR EFG LOAN #8685-WATZKE
Gary Forcier moved to approve the subordination request for EFG Loan #8685-Watzke. LouAnn
Holmquist seconded and the motion carried unanimously.
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9. CONSIDERATION OF AMENDMENT TO THE WALK AWAY POLICY
Steve Jensen moved to approve the amendment to the Walk Away Policy. LouAnn Holmquist
seconded and the motion carried unanimously.
10. COMMUNICATIONS
a. FYI: Hutchinson Leader article re 445 Adams Street SE
b. FYI: SCDP Rental Rehab Application submitted by HRA on behalf of the City of Hutchinson
c. It looks like there might be some changes happening at the High School that may affect the School
Construction Program.
11. ADJOURNMENT
LouAnn Holmquist moved to adorn and Steve Jensen seconded. There being no other business, Vice
Chairman Joel Kraft declared the meeting adjourned.
Recorded by Jean Ward, HRA Executive Director
Gary Forcier, Secretary/Treasurer
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