10-20-2015 HRAACity Center, 111 Hassan Street SE
HRA Hutchinson, MN 55350
Website Site: www.hutchinsonhra.com
HUTCHINSON HOUSING AND (320) 234-4251 (320) 234-4240 Fax
REDEVELOPMENT AUTHORITY
Hutchinson HRA Regular Board Meeting
October 20, 2015
Agenda
1. CALL TO ORDER — 7:00 a.m. - CITY CENTER MAIN CONFERENCE ROOM
2. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON SEPTEMBER
15, 2015
FINANCIAL REPORTS
a. Consideration of City Center General Fund payments of $14,425.71 for checks 8689 to 8702
b. Consideration of City Center September 30, 2015 Financial Reports
c. Consideration of approval of Park Towers operating account payments of $38,410.62 for checks
13385 to 13409 and approval of Park Towers Security Account payments of $244.87 for check
1527
d. Consideration of August 2015 Park Towers financial statements
4. PARK TOWERS
a. Review of Occupancy Report
b. Review of Move -in Summary Report
c. Final 2015 Operating Subsidy $124,396.83 based on 85.36% pro -ration vs. budgeted amount
$120,666.
d. Consideration of Approval of 2016 Park Towers Budget —Resolution Number 2015-14
e. Consideration of Flat Rent Proposal
f. Consideration of Lutheran Social Services Senior Nutrition Program 2016 Site Use Agreement
g. Consideration of Revised Admissions and Continued Occupancy Policy
h. Insurance Low Loss Achievement Award for Liability Insurance
5. CITY REVOLVING HOME IMPROVEMENT LOAN PROGRAMS
a. Review of 2015 Owner Occupied Rehab Loan Options Chart
b. Consideration of Resolution 2015-15 Amending the Procedural Guide for the City Revolving
Owner Occupied Rehab Program and Amending the City HILP Deferred Grant Program and
City HILP Accessibility Deferred Grant Program General Criteria.
c. Consideration of Approval of allocation of $100,000.00 for HRA Home Improvement Loan
Program (HILP) and approval of HRA HILP General Criteria.
6. City Downtown Rental Rehab Program
a. Consideration of Approval of Resolution #2015-16 Amending the Procedural Guide for the City
of Hutchinson Downtown Rental Rehab Program
7. 445 ADAMS STREET
a. Update -Purchase Price 149,900
8. OTHER COMMUNICATIONS
a. City 41" Annual Appreciation/Recognition Event
b. Foreclosure Report
National Citizen Survey Results
9. ADJOURNMENT