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HomeMy WebLinkAboutHousing Catalyst - Minutes - 07/27/1987221-5484 TO: Ft. Collins Housing Authority Board of Commissioners FROM: David M. Herrera, Executive Director DATE: July 28, 1987 SUBJ: Minutes from the July 27, 1987 meeting The regular meeting of the Housing Authority was called to order at 4:15 p.m. Commissioners Present Bill West David Frick Eileen Waldow Stephanie Padilla Bob Nolin Peggy Rolfes Anita Basham Others Present Cliff Romero Greg Denton Bob Winokur Staff Present David Herrera Crystal Kerr Ruth Campos A motion was made to accept the minutes of the special meeting. Motion: Waldow Second: Padilla Approved: Unanimously Executive Director's Report: a) Financial — the quarterly reports were presented. Company 200 (Public Housing) showed extraordinary expenses due to replacement of furnaces. Staff is currently revising the budget and does not expect much overruns in the fourth quarter. Some of the proposed revisions Include: 1) 1st quarter showed a decline in rents due to the soft rental market; ,rage two (2) "a � • July minutes 2. repairs and late fees are up; 3. expenses are up I.e. allocations for an inspector, water went up, but Insurance not as high as predicted; 4. audits for other companies were not budgeted; 5. Public Housing had furnaces that needed replacing. Staff outlined what they were looking for in an inspector some of the duties include: 1) Section 8 inspections (221 units) 2) Public Housing inspection (154) 3) Housing counseling issues It was suggested that staff present a budget workshop for the new members. The Board decided to defer any budget revision decisions until the next meeting. Audit: Staff has responded to the HUD audit. There has been no response from HUD to date. Staff is still trying to resolve the preliminary fund Issues from the projects at Jamith and Plum. Development: Robinson—Piersall Plaza: At present Greg Denton and Joe Fonfara are handling the negotiations. Some of the concerns are: 1) the low parking ratio; 2) traffic study, whether those with special needs will be served; 3) modifications should be made before documents are signed. Agreements at this time are being written and rewritten. There Is nothing final at this point. Mr. Wheeler is looking for a limited partnership, and will not sign any agreements without a contingency of an investor. Council has encouraged the business community to back the project for the future of Fort Collins. To provide housing in the down— town area is one of the Housing Authority's goals. Page three (3) July minutes Old Business: It was noted that the April minutes were never approved. A motion was made to approve the April minutes with the following change: delete the word alternate on page 3 paragraph 6 line 3. Motion: Waldow Second: Frick Approved: Unanimously New Business: A motion was made to accept the September 1985 ACC amendment to the voucher contract to include additonal authority 1n 1985. It was decided that by September Commissioners Padilla and Waldow would set up the guidelines for reviews. There being no further business the meeting was adjourned by 6: 25 p.m.