06-16-2015 HRAM1j1RA
Hutchinson Housing &
Redevelopment Authority
Regular Board Meeting Tuesday, June 16, 2015, 7:00 AM
Minutes
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 MAY 19, 2015
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 $35,456.83, for checks
8634 to 8653. LouAnn Holmquist seconded and the motion carried unanimously.
b. Steve Jensen moved to approve the City Center May 31, 2015 Financial Reports. Joel Kraft
seconded and the motion carried unanimously.
c. LouAnn Holmquist moved to approve the Park Towers operating account payments of $32,949.58
for checks 13253 to 13278 and approval of Park Towers Security Account payments of $1,204.41
for checks 1519 to 1521. Steve Jensen seconded and the motion carried unanimously.
d. Steve Jensen moved to approve the April 2015 Park Towers financial statements. LouAnn
Holmquist seconded and the motion carried unanimously.
e. Steve Jensen moved to approve the City Center 2016 Draft Budget. Joel Kraft seconded and the
motion carried unanimously.
4. PARK TOWERS UPDATE
a. Occupancy Report: 99%
b. Jean Ward reviewed with the Board the 2014 PHAS Report.
c. Jean Ward reviewed with the Board the Park Towers Elevator Improvement bids. Joel Kraft moved
to approve Resolution 2015-8 Awarding Elevator Improvement Contract and Approving Leverage
Sources to the Project. LouAnn Holmquist seconded and the motion carried unanimously.
d. Steve Jensen moved to set the Public Hearing for 2016 Park Towers Annual Plan and 2016 Capital
Fund Program. Gary Forcier seconded and the motion carried unanimously.
5. CONSIDERATION OF APPROVING JASTER CRPI LOAN CONTINGENT TO THE LOAN
REVIEW COMMITTEE'S APPROVAL
Joel Kraft moved to approve the Jaster CRPI loan contingent to the loan review committee's approval.
Steve Jensen seconded and the motion carried unanimously.
6. SCDP PROGRAM INCOME
Judy Flemming reviewed with the Board the Program Income Balance for Owner Occupied Rehab
project starting October 1, 2014.
7. DOWNTOWN RENTAL REHAB PROGRAM APPLICATION
a. Judy Flemming updated the Board on the Downtown Rental Rehab program.
b. FYI: Rental Rehab Program Fact Sheet
c. FYI: State of Minnesota Preliminary Grant Contract for Rental Rehab Project
June 16, 2015 Minutes Page 1 of 2
UPDATE HRA TECHNOLOGY
a. Jean Ward reviewed with the Board the proposed HRA Website upgrades.
b. Joel Kraft moved to approve the Branding and Marketing Campaign by Vivid Image reflecting
need of HRA to use current technology to more effectively market. Steve Jensen seconded and the
motion carried unanimously.
9. COMMUNICATIONS
Joel Kraft's term will be up in August, so the HRA will need to look for a new Board member with a
lending background.
10. ADJOURNMENT
Gary Forcier moved to adorn and Joel Kraft seconded. There being no other business, Chairman
LaVonne Hansen declared the meeting adjourned.
Recorded by Jean Ward, HRA Executive Director
Gary Forcier, Secretary/Treasurer
June 16, 2015 Minutes Page 2 of 2