07-19-2016 HRAAh
HRA
City Center, 111 Hassan Street SE
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
July 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 JUNE 21, 2016
FINANCIAL REPORTS
a. Consideration of City Center General Fund payments of $12,923.02 for checks 8770 to 8776
b. Consideration of approval of Park Towers operating account payments of $30,330.95 for checks 13663 to13689
and Consideration of approval of Park Towers security account payments of $58.51 for check 1545
c. Consideration of May 31, 2016 Park Towers Financial Statements
d. Consideration of June 30, 2016 City Center Financial Statements
e. Consideration of Approval of 2015 Audit Report
4. PARK TOWERS
a. Occupancy Report
b. Park Tower's July Newsletter
5. SCDP RENTAL REHAB PROGRAM
a. Progress Report on Downtown SCDP Rental Rehab Projects
6. CONSIDERATION OF RESOLUTION NO. 2016-10 RECOMMENDING THAT THE CITY COUNCIL MODIFY
DEVELOPMENT DESTRICT NO. 4, ESTBLISH TAX INCREMENT FINANCING DISTRICT NO 4-18
THERIEN AND ADOPT A MODIFICATION TO THE DEVELOPMENT PROGRAM AND ADOPT THE TAX
INCREMENT FINANCING PLAN THEREFOR
7. CONSIDERATION OF DRAFT TIF DEVELOPMENT AGREEMENT FOR TIF DISTRICT 4-18 AND
RECOMMENDATION FOR CITY COUNCIL APPROVAL PENDING CITY ATTORNEY APPROVAL
8. CONSIDERATION OF 2017 CITY CENTER BUDGET AND RECOMMENDATION TO CITY COUNCIL TO
APPROVE 2017 HRA TAX LEVY
9. HRA 2016 - 2020 WORKPLAN DRAFT FOR CONSIDERATION AT AUGUST HRA BOARD MEETING
10. FORECLOSURE REPORT
11. COMMUNICATIONS
12. ADJOURNMENT