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HomeMy WebLinkAboutHousing Catalyst - Minutes - 07/26/2001FORT COLLINS HOUSING AUTHORITY BOARD OF COMMISSIONERS Minutes of the Regular Meeting of the Fort Collins Housing Authority July 26, 2001 Commissioners Present Commissioners Absent Staff Present Citizen Kimberly Stenberg Paul de la Garza Alan Fluharty Angie Payton Chip Steiner Charles Wanner Jeff Valloric Patrick Brady John Tuchscherer Lucia Liley Carol Swartz �Gffl aa116 101TI " Chairperson Kimberly Stenberg called the regular meeting of the Fort Collins Housing Authority to order at 7:40 a.m. II. INTRODUCTIONS Ms. Swartz introduced Mr. John Tuchscherer, Housing Programs Manager for the Fort Collins Housing Authority and Angie Payton. III. CITIZEN INPUT Ms. Payton announced her interest in the open commissioner position. She will send her application to the City. IV. APPROVAL OF MINUTES Ms. Swartz presented the minutes from the June 19, 2001 regular meeting of the Fort Collins Housing Authority. Commissioner Liley made a motion to approve these minutes. The motion was seconded by Commissioner Steiner and passed unanimously. V. OLD BUSINESS Update Ridgen Farm: Mr. Fluharty stated that the State Grant application is on hold until the September meeting as the Division of Housing has requested a formal appraisal. The first prototypes have been delivered and set up. CDBG Grant Applications are due August 23, 2001 at 12:OOPM. FCHA may ask for $160,000 set -aside funds for down payment assistance for 20 families, and $241,000 for the amount not funded on the last round for Rigden Farm. Mr. Fluharty discussed the re -sale calculations and notified the Board that Ms. Brewen would like a sub -committee to work on the Rigden Farm re -sale calculations. Commissioner Liley motioned and Commissioner Steiner seconded the following Sub- committee: Commissioners Brady, de la Garza, Wanner and Stenberg The motion was unanimously approved. FCHA has submitted an application for a $30,000 loan from Funding Partners for per - development costs at Rigden Farm, and anticipates this will be awarded. There was a discussion about the possibility of the City waving the FCHA's loan or considering lower interest rate. The City Manager, Mr. Fischbach, has offered three possibilities. A. 90% of the current prime rate (6.3%) B. City rate of an eight -year investment (5.8%) C. Allow the rate to "float" with the market establishing two yearly reset dates It was Mr. Fluharty's recommendation to accept option B. Commissioner Liley made a motion and Commissioner Brady seconded Mr. Fluharty's recommendation to accept the City rate based on an eight -year investment rate. The motion was unanimously approved. The City informed Mr. Fluharty, that Concord Capital is in default of their Conifer/Redwood Realtor contract and asked if we would be interested. This is 15.5-acre property. The Board agreed this may be something to think about. VI. NEW BUSINESS Disposition of Property Policy: Mr. Valloric presented the request for Board action to adopt a policy of disposing of obsolete property. A motion was made to approve Resolution No. 39 Approval of Disposition Policy. Motion: Commissioner Steiner Second: Commissioner Brady Action: Passed Unanimously Mr. Tuchscherer reviewed a request for Board action to approve the Credit Card Usage Policy. A motion was made to approve Resolution No. 40 Approval of Credit Card Usage Policy, with revisions made. Motion: Commissioner Liley Second: Commissioner Brady Action: Passed Unanimously Mr. Fluharty delivered a time schedule as recommended by the 2000 audit. Ms. Swartz introduced an Information Technology Disaster Recovery Plan as recommended by the 2000 audit. The Board would like the maintenance department to be added to the IT Disaster Recovery Plan. Ms. Swartz reviewed information regarding Telecommuting Policy of the FCHA. The Board would like to have periodic reviews of staff doing telecommuting, and wants all paper work and files logged in and out. Mr. Tuchscherer informed the Board that a check in/out policy is in place so FCHA knows where all files are at all times and that telecommuting staff have been informed that all documents must be brought back upon request. Commissioner Brady wants to ensure that staff recognize confidentially pertains to work as well home. Mr. Tuchscherer reminded the Board of the Executive Director's performance evaluation. The Commissioners each received an evaluation packet and will return it at the next board meeting. P� Mr. Fluharty informed the Board that Funding Partners has asked the Fort Collins Housing Authority to submit an appraisal to manage the 47 residential units at the Northern Hotel. They anticipate a certificate of occupancy around November 1, 2001. Mt. Fluharty presented the Board with a request for action on the redemption and re -sale of a townhouse located at 4315 JFK Parkway #10. Commissioner Liley made a motion and Commissioner Steiner seconded to approve the redemption and re -sale of 4315 JFK Parkway # 10. The motion was unanimously approved. VII. REVIEW OF MONTLY ACTIVITY REPORT There were no questions regarding the Monthly Activity Report. VIII. ADJOURNMENT Chairperson Stenberg adjourned 23, Fort next regular meeting will be held on August 2S/Q�0