09-18-2018 HRAM -,MW�,z
HRA
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Regular Board Meeting Tuesday, September 18, 2018, 7:00 AM
Minutes
1. CALL TO ORDER: Chair Renee Lynn Johnson Kotlarz called the meeting to order.
Members Present: Gary Forcier, and Nikki Willemssen. Staff Present: Jean Ward and Judy
Flemming.
2. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON
AUGUST 21, 2018
Nikki Williamson moved to approve the Minutes of the regular board meeting as written.
Gary Forcier seconded and the motion carried unanimously.
3. FINANCIAL REPORTS
a. Nikki Willemssen moved to approve City Center General Fund payments of$20,090.93
for checks 8962 to 8972. Gary Forcier seconded and the motion carried unanimously.
b. Nikki Willemssen moved to approve City Center August 31,2018 financial statements.
Gary Forcier seconded and the motion carried unanimously.
c. Nikki Willemssen moved to approve Park Towers operating account payments of
$95,344.12 for checks 14400 to 14417 and consideration of approval of Park Towers'
security account payment of$350 for check number 0 157 1. Gary Forcier seconded and
the motion carried unanimously.
d. Gary Forcier moved to approve the July 2018 Park Towers financial statements. Nikki
Willemssen seconded and the motion carried unanimously.
4. PARK TOWERS UPDATE
a. Occupancy Report— 100%
b. FYI: Park Towers' September Newsletter.
5. REVIEW OF SEPTEMBER 2018 MARKET RATE GENERAL OCCUPANCY
VACANCY RATE OF 2.76%VERSUS 2017 MARKET RATE GENERAL OCCUPANCY
VACANCY RATE OF 1.76%
Jean Ward reviewed with the Board the 2018 apartment vacancy rates.
6. OTHER COMMUNICATIONS—FYI: AFFORDABLE HOUSING TASK FORCE REPORT
and STUDIO PROPOSAL MSU URBAN AND REGIONAL STUDIES
Jean Ward reviewed with the Board the MSU Studio proposal.
7. CONSIDERATION OF APPROVAL OF BAYSINGER&HARDEL CITY HILP MOBILE
HOME INITIATIVE LOANS CONTINGENT TO THE LOAN REVIEW COMMITTEE'S
APPROVAL
Gary Forcier moved to approve the Baysinger& Hardel City HILP Mobile Home Initiative
loans contingent to the Loan Review Committee's approval. Nikki Willemssen seconded
and the motion carried unanimously.
September 18,2018 Minutes Page 1 of 2
4. PARK TOWERS UPDATE Continued
c. Chair Renee Lynn Johnson Kotlarz opened the PUBLIC HEARING at 7:30 A.M.
- Jean Ward reviewed 2019 PHA Annual Plan and 2019 Capital Fund Form Program
(review of 5 Year Capital Fund Plan 2019-2020) and review revisions to ACOP.
Gary Forcier moved to close the public hearing and Nikki Willemssen seconded.
With no comments, Chair Renee Lynn Johnson Kotlarz, closed the public hearing.
d. Nikki Willemssen moved to approve Resolution#2018-4 PHA Certification of
Compliance with PHA Plans and Related Regulations. Gary Forcier seconded and the
motion carried unanimously.
Nikki Willemssen moved to approve:
e. Resolution#2018-5 Civil Rights Certification HUD-50077-CR
f. Capital Fund Plan 5-Year Plan revision 2
g. The revisions to ACOP
h. No change in 2018 flat rent
i. Resolution#2018-6 to approve Park Towers' 2019 budget.
j. Resolution#2018-7 to adopt Passbook Savings Rate Procedure.
Gary Forcier seconded and the motion carried unanimously.
k. FYI: Third Quarter Report-Move in Summary of Incomes
8. ADJOURNMENT
Gary Forcier moved to adjourn and Nikki Willemssen seconded. There being no other
business, Chair Renee Lynn Johnson Kotlarz declared the meeting adjourned.
Recorded by Jean Ward, HRA Executive Director
Gary Forcier, Secretary/Treasurer
September 18,2018 Minutes Page 2 of 2