HomeMy WebLinkAboutHousing Catalyst - Minutes - 01/31/2002FORT COLLINS HOUSING AUTHORITY BOARD OF COMMISSIONERS
Minutes of the Rescheduled Regular Meeting of the Fort Collins Housing Authority
January 31, 2002
Commissioners Present
Chip Steiner
Lucia Liley
Mike Sollenberger
Charles Wanner
I. CALL TO ORDER
Commissioners Absent Phone Conference
Kimberly Stenberg Patrick Brady
Staff Present
Julie Brewen
Alan Fluharty
Carol Swartz
Chairperson Patrick Brady called the rescheduled regular meeting of the Fort Collins Housing Authority
to order at 4:11 p.m.
II. CITIZEN INPUT
There was no citizen input.
III. APPROVAL OF MINUTES
The Board reviewed the minutes from the November 29, 2001 regular meeting of the Fort Collins
Housing Authority. Commissioner Wanner made a motion to approve these minutes. The motion was
seconded by Commissioner Liley and passed unanimously. There was no December meeting.
IV. OLD BUSINESS
Rigden Farm Update: Ms. Brewen gave the Board an update on Rigden Farms. She presented a summary
of the land -lease resale calculation and a request for Board action. The Board advised Ms. Brewen to
proceed with the resale formula as presented. Ms. Brewen presented the Board with Resolution No. 02-
01, authorizing execution of Lakeside at Rigden Farm project development agreement. After some
discussion, Commissioner Liley made a motion, seconded by Commissioner Brady to approve Resolution
No. 02-01, authorizing execution of Lakeside at Rigden Farm project development agreement with the
following revisions; Development fees not to be triggered until the sale of the units. The motion was
passed unanimously.
Rigden Farm Borrowing and Purchase: Ms. Brewen presented the Board with a Resolution No. 02-02
authorizing the Board Chairperson or Vice -chairperson to execute any and all documents for the purchase
or the land for Lakeside at Rigden Farm. This resolution was tabled until February's meeting pending
further detail.
Rigden Farm CDBG Grant Application: A motion was made to approve the Request for Board Action to
authorize submission of a grant application for down -payment assistance set aside for Rigden Farm from
CDBG in the amount of $209,150.
Motion: Commissioner Liley
Second: Commissioner Wanner
Action: Passed Unanimously
Rigden Farm Staffing: A motion was made to approve an additional full time staff person to begin in May
2002 for the purpose of developing and implementing Section 8 homeownership.
Motion: Commissioner Wanner
Second: Commissioner Liley
Action: Passed Unanimously
Neighbor to Neighbor Re -Finance: Ms. Brewen stated the Neighbor to Neighbor loan should be ready to
close soon.
Wellington Point Update: The Fort Collins Housing Authority has prepared a Low Income Housing Tax
Credit Application for submission in February. Ms. Brewen presented the Board with a request for Board
action authorizing the Executive Director to execute a Memorandum of Agreement between Pacific West
Communities and the Larimer County Housing Authority. The Board had previously authorized this
memorandum. The Board will review the developer agreement at a later date.
V. NEW BUSINESS
Five-year Plan and Budget Revision: A motion was made to approve a request for action approving the
recommendation to revise the budget and HUD five-year plan, to include bringing forward one year of
Capital Funds and paying the note to the City in full.
Motion: Commissioner Liley
Second: Commissioner Steiner
Action: Passed Unanimously
Sleepy Willow Acquisition: The staff gave a presentation on Sleepy Willow, a 96-unit apartment complex
that Fort Collins Housing Corporation is in the process of purchasing.
Policy Statement — Fee Wavers: Ms. Brewen presented the Board with a policy statement to be presented
to the City Council requesting support of a draft ordinance waving certain fees for all affordable projects.
Commissioner Liley made a motion, seconded by Commissioner Sollenberger support the request. The
Motion was passed unanimously.
VI. REVIEW OF MONTLY ACTIVITY REPORT
The Board reviewed the Monthly Activity Report and staff answered all questions.
VII. ADJOURNMENT
Chairperson Brady adjourned the regular meeting of the Fort Collins Housing Authority Board at 5:25
p.m. The next regular meeting will be held on February 28, 2002.
28w day of February 2002.
Rns
Julie J. Brewen, Secretary
Fort Collins Housing Authority