10-20-2015 HRAM�0�_
HRA
HUTCHINSON HOUSING AND
REDEVELOPMENT AUTHORITY
Regular Board Meeting Tuesday, October 20, 2015, 7.00 AM
Minutes
1. CALL TO ORDER: Chairman LaVonne Hansen called the meeting to order. Members Present: Gary
Fortier, and LouAnn Holmquist. Staff Present: Jean Ward and Judy Flemming.
2. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON SEPTEMBER 15, 2015
LouAnn Holmquist moved to approve the Minutes of the regular board meeting as written. Gary
Fortier seconded and the motion carried unanimously.
3. FINANCIAL REPORTS
a. LouAnn Holmquist moved to approve the City Center General Fund payments of $14,425.71 for
checks 8689 to 8742. Gary Forcier seconded and the motion carried unanimously.
b. Gary Forcier moved to approve the City Center September 34, 2015 Financial Reports. LouAnn
Holmquist seconded and the motion carried unanimously.
c. LouAtui Holmquist moved to approve the 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. Gary Forcier seconded and the motion carried unanimously.
d. Gary Forcier moved to approve the August 2015 Park Towers financial statements. LouAnn
Holmquist seconded and the motion carried unanimously.
4. PARK TOWERS UPDATE
a. Occupancy Report: 100%
b. Jean Ward reviewed with the Board the Move -in Summary Report for Third Quarter: 70% of
move -ins are at the extremely low income limit (Statutory Requirement is at least 40°l0).
c. Jean Ward reviewed with the Board the Final 2015 Operating Subsidy $124,396.93 haled on
85.36% pro -ration vs. budgeted amount $120,665.
d. Gary Forcier moved to approve the 2016 Park Towers Budget - Resolution #2015-14. LouAnn
Holmquist seconded and the motion carried unanimously_
e. Gary Forcier moved to approve the 2015 Flat Rent Proposal. LouAnn Holmquist seconded and the
motion carried unanimously.
f. LouAnn Holmquist moved to approve the Lutheran Social Services Senior Nutrition Program 2016
Site Use Agreement. Gary Forcier seconded and the motion carried unanimously.
g. LouAnn Holmquist moved to approve the Revised Admissions and Continued Occupancy Policy.
Gary Forcier seconded and the motion carried unanimously.
h. FYI: Insurance Low Loss Achievement Award. for Liability Insurance
5. CITY REVOLVING HOME IMPROVEMENT LOAN PROGRAMS
a. Jean Ward and Judy Flemming reviewed with the Board the 2015 Owner Occupied Rehab Loan
Options Chart.
b. Gary Forcier moved to approve 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. LouAnn Holmquist
seconded and the motion carried unanimously.
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c. LouAnn Holmquist moved to approve allocation of $100,000.00 for HRA Home Improvement
Loan Program (HILP) and approval of HRA HILP General Criteria. Gary Forcier seconded and the
motion carried unanimously.
6. City Downtown Rental Rehab Program
a. LouAtui Holmquist moved to approve Resolution #2015-16 Amending the Procedural Guide for the
City of Hutchinson Downtown Rental Rehab Program. Gary Forcier seconded and the motion
carried unanimously.
7. 445 ADAMS STREET
a. Update -Purchase Price 149,900
OTHER COMMUNICATIONS
a. Invitation to the City 41St Annual Appreciation/Recognition Event
b. FYI: Foreclosure Report
c. Jean Ward reviewed with the Board the National Citizen Survey Results.
9. 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 Fo/cier, Secretary/Treasurer
October 20, 2015 Minutes Page 2 of 2