01-19-2016 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
January 19, 2016
Agenda
1. CALL TO ORDER — 7:00 a.m. - CITY CENTER MAIN CONFERENCE ROOM
2. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON DECEMBER 15,
2015
3. FINANCIAL REPORTS
a. Consideration of City Center General Fund payments of $11,245.60 for checks 8718 to 8726
b. Consideration of approval of Park Towers operating account payments of $143,443.85 for
checks 13476 to 13513 and approval of Park Towers Security Account payments of $876.93
for checks 1534 to 1536
c. Consideration of November 2015 Park Towers financial statements
4. CONSIDERATION OF RESOLUTION 2016-1 TO ADOPT 2016 CITY OF HUTCHINSON
COMPENSATION PLAN
5. PARK TOWERS
a. Review of January Occupancy Report
b. Elevator Project- Consideration of Approval of Change order #1 and 2016-2 Resolution to
approve $6,437.81 additional operating funds for a total revised construction contract of
$425,232.81 (Construction Sources as follows: PORP funds $234,000 CFP $90,525 Operating
Reserves of $100,707.81)
c. Consideration of Approval of Resident Handbook
d. Park Towers Newsletter
6. CONSIDERATION OF BUDGET AND PURCHASE AGREEMENT FOR 445 ADAMS STREET
7. REVIEW OF DRAFT TIF HOUSING APPLICATION FORM
8. 2015 YEAR END RENTAL REHAB UPDATE
9. 2015 YEAR END OWNER OCCUPIED REHAB/HOME IMPROVEMENT LOAN PROJECTS
10. COMMUNICATIONS
a. 2015 Year End Preliminary Numbers -Foreclosures, Resale Values
11. ADJOURNMENT