02-20-2018 HRAMWsk!
90-h
HUTCH1NSON HOUSPNG AND
REDEVELOPMENT AUTHORITY
Regular Board Meeting Tuesday, February 20, 2018, 7:00 AM
Minutes
CALL TO ORDER: Chair Renee Lynn Johnson Kotlarz called the meeting to order.
Members Present: Gary Forcier, Eileen I lenry and Steve Jensen. Staff Present: Jean Ward
and Judy Flemming.
2. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON
J ANUARY 16, 2018
Gary Forcier moved to approve the Minutes of the regular board meeting as written. Steve
Jensen seconded and the motion carried unanimously.
3. FINANCIAL REPORTS
a. Gary Forcier moved to approve City Center General Fund payments of $13,243.14 for
checks 8912 to 8917. Steve Jensen seconded and the motion carried unanimously.
b. Steve Jensen moved to approve City Center December 31, 2017 financial statements after
YE accounting adjustments. Gary Forcier seconded and the motion carried unanimously.
c. Steve Jensen moved to approve Resolution #2018-2 to void check 1562. Gary Forcier
seconded and the motion carried unanimously.
d. Steve Jensen moved to approve Park Towers operating account payments of $54,835.65
for checks 14196 to 14225 and approval of Park Towers Security Account payments of
$255.75 for check 1565. Gary Forcier seconded and the motion carried unanimously.
e. FYI: 2017 Park Towers' financ-ial reports unavailable and accountant request to HUD for
30 day extension of REAL submission due to accountant software conversion.
4. PARK TOWERS UPDATE
a. Occupancy Report —100% occupied.
b. Park Towers' February Newsletter: FYI
c. LED installation complete and Utility Conunission rebate submitted.
d. Retirement of Byron Pack, Park Towers maintenance on March 30, 2018. Jean Ward is
looking into different options to present to the Board next month.
5. CONSIDERATION FOR APPROVAL OF SUBORDINATION REQUEST FOR
PAEHLKE LOAN # 8684-1
Steve Jensen moved to approve the subordination request for Paelilke loan #8684-1. Eileen
Henry seconded and the motion carried unanimously.
6. CONSIDERATION OF 2417 YEAR END REPORTS
Steve Jensen moved to approve the 2017 Year End Report. Gary Forcier seconded and the
motion carried unanimously.
7. COMMUNICATIONS
Jean Ward reviewed the Letter of Inquiry for 141 5t'' Avenue NE with the Board.
February 20, 2418 Minutes Page 1 of 2
8. ADJOURNMENT
Steve Jensen moved to adjourn and Gary Porcier seconded. There being no other business,
Chair Renee Lynn Johnson Kotlarz declared the meeting adjourned.
Recorded by Jean Ward, HRA Executive Director
Gary Fcrcier, Secretary/Treasurer
February 20, 2018 Minutes Page 2 of 2