12-18-2018 HRAM HRA
REDEVELOPMENT AUTHOWTV
Regular Board Meeting Tuesday, December 18, 2018, 7:00 AM
Minutes
1. CALL TO ORDER: Chair Renee Lynn Johnson Kotlarz called the meeting to order.
Members Present: Gary Forcier, Steve Jensen and Nikki Willemssen. Staff Present: Jean
Ward and Judy Flemming.
2. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON
NOVEMBER 20, 2018
Steve Jensen moved to approve the Minutes of the regular board meeting as written. Nikki
Williamson seconded and the motion carried unanimously.
3. FINANCIAL REPORTS
a. Steve Jensen moved to approve City Center General Fund payments of$14,568.27 for
checks 8986 to 8994. Nikki Williamson seconded and the motion carried unanimous.
b. Nikki Willemssen moved to approve City Center November 30,2018 financial
statements. Steve Jensen seconded and the motion carried unanimously.
c. Gary Forcier moved to approve the revised Park Towers operating account payments of
$37,538.31 for checks 14450 to 14483. Steve Jensen seconded with Nikki Willemssen
abstaining. The motion carried unanimous.
d. Steve Jensen moved to approve Park Towers operating account payments of$143,708.16
for checks 14484 to 14504. Gary Forcier seconded with Nikki Willemssen abstaining.
The motion carried unanimous.
e. Gary Forcier moved to approve the October 31, 2018 Park Towers financial statements.
Nikki Willemssen seconded and the motion carried unanimously.
4. PARK TOWERS UPDATE
a. Occupancy Report— 1 vacant
b. Jean Ward reviewed with the Board the Park Towers' December Newsletter.
c. Nikki Willemssen moved to approve Resolution#2018-9 to Write off Uncollectable
Accounts. Gary Forcier seconded and the motion carried unanimously.
d. Gary Forcier moved to approve Resolution#2018-10 to Approve Removal of Items from
Park Towers Depreciation Report. Steve Jensen seconded and the motion carried
unanimously.
5. CONSIDERATION OF EXECUTION OF FIX UP FUND LENDER AGREEMENT
Steve Jensen moved to approve the execution of the Fix Up Fund Lender Agreement and for
the HRA to provide the funding for the loan amount, instead of the City of Hutchinson.
Nikki Willemssen seconded and the motion carried unanimously.
6. CONSIDERATION OF PREPARING SMALL CITIES FULL APPLICATION FOR 907
DALE STREET APARTMENTS
December 18,2018 Minutes Page 1 of 2
Steve Jensen moved to proceed in preparing the Small Cities full application for 907 Dale
Street Apartments.Nikki Willemssen seconded and the motion carried unanimously.
7. OTHER COMMUNICATIONS
• FYI: Senior Brochure from MSU Studio Project
8. RAD WORKSHOP
• RAD POWERPOINT PRESENTATION—Jean Ward reviewed the RAD PowerPoint
presentation with the Board.
• TELEPHONE CONVERSATION WITH RAD FINANCIAL CONSULTANT, JAIME
BORDENAVE(Founder and President of the Communities Group TCG Development
Services-Qualifications attached)
9. CONSIDERATION OF PROCEEDING TO SEND OUT TENANT NOTICES AND
PREPARE RAD APPLICATION FOR FINAL APPROVAL TO FOLLOW
Tabled.
10. ADJOURNMENT
Steve Jensen 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
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Gary Foreier, Secretary/Treasurer
December 18,2018 Minutes Page 2 of 2