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HomeMy WebLinkAboutHousing Catalyst - Minutes - 04/15/1987A HOUSING AWHORITY To: FROM: DATE: SUBJ: Ft. 80521 Ft. Collins Housing Authority Board of Commissioners David M. Herrera, Executive Director April 27, 1987 Minutes from the April 15, 1987 regular meeting The regular meeting of the Housing Authority was called to order at 4:12 p.m. Commissioners Present Bill West Eileen Waldow Stephanie Padilla David Frick Bob Nolin Others Present Cliff Romero Gene Humphries A motion was made to accept the minutes as written. Motion: Waldow Second: Padilla Approved: Unanimously I. Financial Status Report: Staff Present David Herrera Tracy Pitts Crystal Kerr Ruth Campos The 1986 financial audit is still ongoing. There are only a couple of days of work left to be done. Staff presented the 1986 financial statements for companies 200, 300, and 350. II. Administration, Management, and Maintenance Reports: The management reports reflected a decrease in vacancies. The Commissioners requested a list of recommended bad debts. Staff will present this list at the next Board meeting. Staff presented an analysis of average rent and vacancy rate for the last 24 months. There doesn't seem to be any particular time that vacancies occur consistently. The maintenance report showed that staff is a little behind on preventive maintenance, but expects to catch up with the decrease in vacancies. Staff has received a screeners card from GSA. Staff intends to use the card to obtain beds, wardrobes, and mattresses for the units at 252 Linden St. In public housing, some furnaces need to be replaced. Staff will use the extraordinary maintenance funds to replace them. A HUD representative did a CIAP review last Monday, April 13th. 221 6820 Page two April minutes The Housing Authority Board discussed participation in the ICMA Retirement Program. The Housing Authority has a choice of how much to contribute to the fund. A budget revision will be presented to add the retirement plan to employee benefits. Questions to be answered are: 1) How much the Housing Authority will contribute, and 2) How long is the vested period? 3) Could each employee elect what they would like to contribute? The plan has been recognized by HUD. Commissioners suggested that staff inquire further on the City sponsored program. Staff presented a comparison chart on various phone systems. It was recommended that we go with Independent Communications. The proposed system has a 2 year warranty and the Housing Authority will own it at $4,775.00 and should realize a savings of at least $60.00 a month. At present the Housing Authority pays the City for all calls. The new phone system would be used also to reduce the the reserve. A motion was made to accept Independent Communications subject to references and budget revision. Motion: Frick Second: Padilla Approved: Unanimously There was discussion on the quality of equipment. Staff reported that HUD office on General Counsel has acknowledged debt for- giveness. It appears they will release the Housing Authority. Two other Housing Authorities have requested release, one from Utah and another from Florida. There are probably still technical impediments which need to be worked out. III. Development Report: a) Robinson Piersal Plaza: Staff met with Mr. Wheeler's team last week. The meeting consisted of the Housing Authority, the DDA, and Mr. Wheeler's team. A number of issues were discussed such as the management fee, the park- ing garage, and the air rights. There are no agreements executed yet. The Commissioners instructed staff to inform the Planning & Zoning department that there have been no agreements yet. Page three April minutes 0 b) Single Roan Occupancy (SRO): An Open House is planned for April 24, 1987 from 2-5 p.m. c) 212 Lincoln appraisal came back at $31,000. The Housing Authority will be closing on the purchase of the property for $25,000 this Friday April 17th. d) 1001 Emigh was presented last month as a prospective purchase. Staff asked if there was interest in pursuing the purchase? It is estimated that approximately $70,000 worth of rehab would need to be done. It was decided that there is no money now and would not pursue the offer. New Business: None Old Business: Staff presented the Coamisioners with a summary of the Housing Authority retreat. There was discussion as to whether a tenant should be recommended to serve on the Board or not. A motion was made to recommend to City Council that a tenant be appointed as the alternate Board member. Motion: Waldow, Second: Padilla Approved: Unanimously There was another motion to ask Commissioner Perry to be a consultant in helping with the quarterly reports, and in preparation of the budget after his term expires in July. Motion: Waldow, Second: Padilla Approved: Unanimously Staff has requested a grant of $45,000 from the City for general operations. Early in January staff requested the alleyway at 817 Cherry be vacated. The City wants the Housing Authority to donate 10 feet of our property to widen the connecting alleyway and to relocate utilities. There being no further business, the meeting was adjourned at 7:00 p.m. Respectfully submitted, David M. Herrera