2006-02-28t r
PLEASE TURN OFF ALL CELL PHONES & PAGERS IN COUNCIL CHAMBERS.
~~ IQ
c °~-~
AGENDA
MOUND HOUSING & REDEVELOPMENT AUTHORITY
REGULAR MEETING
TUESDAY, FEBRUARY 28 - 7:15 PM
MOUND CITY COUNCIL CHAMBERS
Pale
1. Open meeting
2. Action approving agenda, with any amendments
Action approving minutes: February 14, 2006 1
4. Indian Knoll Manor Manager's Monthly Report 2-11
6. Adjourn
MOUND HOUSING AND REDEVELOPMENT AUTHORITY MINUTES
FEBRUARY 14, 2006
The Housing and Redevelopment Authority of and for the City of Mound,
Minnesota, met in regular session on Tuesday, February 14, 2006, at 7:25 p.m.
in the council chambers of city hall.
Members Present: Chairperson Pat Meisel; Commissioners David Osmek, Bob
Brown, Mike Specht, and John Beise.
Others Present: City Attorney John Dean, Executive Director Kandis Hanson,
City Clerk Bonnie Ritter, Finance Director Gino Businaro, Public Works Director
Carlton Moore, Community Development Director Sarah Smith, Dan Faulkner,
Kreg Schmidt, Amanda Schwarze
1. Open Meeting
Chair Meisel called the meeting to order at 7:25 p.m.
2. Approve Agenda
MOTION by Brown, seconded by Osmek to approve the agenda. All voted in
favor. Motion carried.
,--.. 3. Approve Minutes
MOTION by Beise, seconded by Brown to approve the minutes of February 14,
2006. All voted in favor. Motion carried.
4. Action on Resolution Appointing Acting Chairperson
MOTION by Beise, seconded by Brown to adopt the following resolution. All
voted in favor. Motion carried.
RESOLUTION NO. 06-02H: RESOLUTION APPOINTING DAVID OSMEK AS
ACTING CHAIRPERSON FOR THE HRA FOR 2006.
5. Information: Hennepin County HRA notification
6. Adjourn
MOTION by Brown, seconded by Beise to adjourn at 7:27 p,m. All voted in favor.
Motion carried.
Chair Pat Meisel
Attest: Bonnie Ritter, City Clerk
-1-
Mound HRA
Indian Knoll Manor
Property Manager's Monthly Report
February 28, 2006
Manager's Agenda
• January Bank Statement
• December Income Statement
• Review of Bills Paid
• Manager's Report
Resident Council Report
-2-
~ r
Page 1 of 4
WELLS FARGO BANK, N.A. 1_1
NICOLLET MALL OFFICE Account Number:
~ POST OFFICE BOX B 514 Sfafemenf Period
MINNEAPOLIS, MN 55479
linage Counf:
~~~~u~~~u~~~u~~u~~n~u~~~i~~uu~~i~n~~~~u~n~~~~~~u
HOUSING 8~ REDEVELOPMENT AUTHORITY
SPECIAL ACCOUNT
CITY OF MOUND
FINANCE DIRECTOR
5341 MAYWOOD RD
MOUND MN 55364-1627
Check # Date
if you have any quesfions about this statement or your accounts, call: 800-225-5935 (1-800-CALL-WELLS)
Your Accounts at a Glance
Account Beginrtiny Deposits/ Withdrawals/ Ending
Type Balance Credits Debits Balance
Basic Business Checking with Interest 8,155.25 23,447.07 - 23,057.57 8,544.75
000-0033530
News from Wells Fargo ~:
Basic Business Checking with Interest 000-0033530
~~~
_ Housing & Redevelopment Authority
Special Account
Dec 31 Beginning Balance 8,155.25
Jan 31 Ending Balance 8,544.75
Deposits and Credits ------- ~=-------------------------------------- ------
---
-
-----------------------
-~^,; --------------------------------
Posted ,
Date Transaction Detail Amount
Jan 06 Deposit
Jan 06 Deposit 3642 00
Jan 06 Deposit 2,252.00
Jan 06 Deposit 2,141.00
1
248
00
Jan 06 Deposif ,
.
835
00
Jan 06 Deposit .
470
00
Jan 06 Deposif .
257
00
Jan f0 Hud Treas 303 Misc 'Pay 011006 410962421860103 .
RMT"VV"099107559""""""hud Operating Fund MN0740 6;332
00 "
Jan 10 Hud Treas 303 Misc Pay 011006 410962421860103 .
RMT`VV'099107571 *""`**"hud Operating Fund MN0740 4
990
00
Jan 23 Deposit ,
.
485
00
Jan 23 Deposit .
458
75
Jan 23 Deposit .
171
00
Jan 23 Deposit .
163
00
Jan 31 Interest Payment .
2 32
Checks Paid -----------------------------------------------------------
Check ## Dafe Amount
~ Jan 25
'Gap in Check Sequence
11.93
1510 (C0300)
000-0033530
Jan 1, 2006-
Jan 31, 2006
31
Amount
2150 Jan 05
62.00
Continued on next page
-3-
Page 2 of 4 ~
1511
Housing & Redevelopment Autt-ority Account Number: 000-0033530
Special Account State ment End Date: 01/31106
Checks Paid -------------------------------------- ----------------- -----------------------------
--
----------------------------
---------------------
Check # Date Amount Check # Date Arr-ount
2157 Jan 12 625.00 2173 Jan 18 139
38
2158 Jan 17 433.53 2174 Jan 17 .
52
27
2159 Jan 19 493.87 2175 Jan 18 .
852
83
2160. Jan 17 15.85 2176 Jan 17 .
193
98
2161 Jan 18 95.00 2177 Jan 17 .
.
g7
g2
2162 Jan 17 73.50 2178 Jan 13 .
49
00
2163 Jan 30 917.00 2179 Jan 17 .
1,459.76
2164 Jan 20 52.00 2180 Jan 17 333
1
89
2165 Jan 18 62.00 2181 Jan 18 ,
.
443
00
2166 Jan 18 313.00 2182 Jan 19 .
273
77
2167 Jan 12 1,197.52 2183 Jan 17 .
3, 778.02
2168 Jan 13 5,613.76 2186 Jan 30 52
27
2169 Jan 17 57.01 2187 Jan 31 .
87
88
2170 Jan 31 220.00 2188 Jan 30 .
3
802.47
2172 Jan 18 248.16 ,
"Gap in Check Sequence
Daily Balance Summary ---------------------------------------- ------------------------------- ---------------------------- ---------------------
Date Balance Date Balance
Dec 31 8,155.25 Jan 18 13
175
87
Jan 05 8,093.25 Jan 19 ,
.
12
408
23
Jan 06 18,938.25 Jan 20 ,
.
12
356.23
Jan 10 30,260.25 Jan 23 ,
13,633.98
Jan 12 28,437.73 Jan 25 13
622.05
Jan 13 22, 774.97 Jan 30 ,
8,850.31
Jan 17 15,329.24 Jan 31 8,544.75
Average Collected Balance $ 15,204.17
Interest Summary ------------------------------- ------------------ ------------------------------- ---------------------------- --------------------
Annual Percentage Yield Earned This
I
t
E Period 0.18%.
erest
n
arned During This Period 2.32
Year to Date Interest and Bonuses Paid 2
32
Total Interest and Bonuses Earned In 2005 .
26.35
For Your Interest
Effective April 3, 2006,
- The fee for currency and/or coin deposited (including currency/coin in Treasury Express Deposit bag) to your
business checking Account exceeding $3,000 will be $.90 per $900.
. -The fee for Banker-Assisted Document Copy Requests will decrease to $2.00 per Item beginning with the first
Banker-Assisted request.
For questions, please contact your Wells fargo banker, or call the phone number on your statement to speak with a
phone banker 24 hours a day, 7 days a week. We appreciate your business & look forward to continuing to serve
your financial needs.
Thank you for banking with Wells Fargo. ,
-4-
t r
MBIA
Summary Statement
January 2006
For more information, call MBIA Asset Management at (800)395-5505
Fax: (800)765-7600
~M~~Ft1ND
Mound Housing and Redevelopment Authority
Account Number: MN-O1-0258-2001 Account Name: GENERAL F[.JND
Beginning Contributions Withdrawals Income Average Daily Month End
Balance Earned Balance Balance
This Month $501,138.88 $0.00 $0.00 $1,704.97 $502,010.45 $502,840.52
Fiscal Y'I'D
Endin 12/31/0 $501,138.88 $0.00 $0.00 $1,704.97 $502,010.45 $502,840.52
Account Number: MN-O1-0258-2002 Account Name: MOUND HUD
Beginning Contributions Withdrawals Income Average Daily Month End
Balance Earned Balance Balance
This Month $1,804.56 $0.00 $0.00 $6.18 $1,807.74 $1,810.74
Fiscal YTD
Ending 12/31/0 $1,804.56 $0.00 $0.00 $6.18 $1,807.74 $1,810.74
Total of all accounts
Beginning Contributions Withdrawals Income Average Daily Month End
Balance Earned Balance Balance
This Month $502,940.11 $0.00 $0.00 $1,711.15 $503,818.19 $504,651.26
Fiscal YTD
Endin $502,940.11 $0.00 $0.00 $1,711.15 $503,818.19 $504,651.26
January 2006
Page: l
-5-
Mound, MN Public Housing
2020 Commerce Boulevard
Mound, MN 55364
As OF
December 31, 2005
BALANCE SHEET
ASSETS
111101 -Cash General Fund 7,138.97
111700 - Petry Cash 100.00
112200 - Tenants Accounts Receivable 818.00
112900 - City of Mound 910.11
116200 - General Fund Investments 1,788.03
121100 - Prepaid Insurance 5,288.99
140002 - Development Cost 1,505,904.64
140003 - Development Cost Contra (2,168,063.55)
140005 - Accumlated Depreciation (1,860,807.58)
140007 - Buildings 1,642,970.53
140008 - Fumiture,Equipment,Machines-Dwelling 33,551.61
140009 - Furniture,Equipment,Machines-Admin 17,493.01
140016 - Land Improvements 22,640.04
140017 - Building Improvements 578,072.55
140055 - Mod Cost Complete 662,158.91
140095 -Mod Cost Uncomplete 38,463.92
150600 -Mod Cost Uncomplete Contra (6.803.00)
TOTAL ASSETS 481.625.18
SURPLUS AND LIABILITIES
211400 - Tenants Security Deposits (8,255.00)
211410 -Tenants Pet Deposits (2,700.00)
211499 - Security Deposit Interest (613.14)
212900 - Notes Pay Levy Fund (60,000.00)
213700 - Payment in Lieu of Taxes (3,648.19)
213701 -PILOT Current Year (1,114.72)
280200 - HUD PHA Contribution (223,985.75)
280600 - Retained Earnings (181,027.56)
Current Year Net Activity (, 82 0.821
TOTAL SURPLUS AND LIABILITIES 1481.625.181
1
-6-
Mound. MN Public Housinsl
2020 Commerce Boulevard
Mound. MN 55364
As Of
December 31,.2005
Statement of Operating Receipts 8~ Expenditures
YTD Over
Current YTD Prorated (Under)
Activity Balance Budget Budget
311000 - Dwelling Rental (11,348.00) (32,278.00) (32,255.01) 22.99
312000 - Excess Utilities 0.00 0.00 (150.00) (150.00)
Total Rental Income (11,348.00) (32,278.00) (32,405.01) 127.01
361000 - Investment Interest/General Funds (2.01) (7.90) (99.99) (92.09)
369000 - Other Income (292.00) (292.00) (555.00) (263.00)
802000 - Operating Subsidy 0.00 (12,664.00) (16,732.26) (4,068.26)
Total Other Operating Receipts (294.01) (12,963.90} (17,387.25) 4,423.35
Total Receipts (11,642.01) {45,241.90) (49,792.26) 4,550.36
Expenses
411200 -Manager Payroll 3,057.00 8,085.50 8,550.00 {464.50)
414000 - Staff Training 0.00 0.00 200.01 (200.01)
415000 - Travel 0.00 0.00 150.00 (150.00)
417000 -Accounting Fees 825.92 1,024.76 759.99 264.77
417100 -Auditing Fees 0.00 0.00 1,875.00 (1,875.00)
419000 - Sundry-Administrative 1,228.21 4,787.77 6,442.50 (1,654.73)
419500 - Outside Management 850.00 1.700.00 0.00 1.700.00
Total Administrative Expense 5,961.13 15,598.03 17,977.50 (2,379.47)
422000 - Tenant Services 0.00 0.00 150.00 (150.00)
Total Tenant Services Expense 0.00 0.00 150.00 (150.00)
431000 - Water 0.00 205.43 500.01 (294.58)
432000 - Electricity 0.00 2,647.98 3,639.99 (992.01)
433000 - Gas 0.00 4,690.85 9,174.99 (4,484.14)
439000 - Other Utiiity Expense 0.00 1,179.99 2,540.01 (1,360.02)
439100 - Garbage Removal 701.01 1,259.41 1,800.00 (540.59)
Total Utilities Expense 701.01 9,983.66 17,655.00 (7,671.34)
441000 - Maintenance Labor 2,747.50 9,095.00 10,672.50 (1,577.50)
442000 - Materials 209.10 1,277.49 1,899.99 (622.50)
443000 - Contract Costs 472.45 2,211.04 2,415.00 (203.96)
448000 -Protective Services 0.00 0.00 210.00 (210.00)
Total Maintenance Expense 3,429.05 12,583.53 15.197.49 (2,613.96)
2
_7_
Mound, MN Public Housing
2020 Commerce Boulevard
Mound, MN 55364
As Of
®ecember 31, 2005
Statement of Operating Receipts ~ Ex penditures
YTD Over
Current YTD Prorated. (Under)
Activ' Balance Budget Bud et
451000 - Insurance 881.74 2,730.04 2,889.99 (159.95)
452000 - Pmts In Lieu Of Taxes 532.35 1,114.72 787.50 327.22
454000 - Employee Benefit Contributions 1,010.31 2,951.10 3,660.00 (708.90)
Total General Expense 2,424.40 6,795.86 7,337.49 (541.63)
Total Routine Expense 12,515.59 44,961.08 58,317.48 (13,356.40)
Total Nonroutine Expense 0.00 0.00 0.00 0.00
Total Expense 12,515.59 44,961.08 58,317.48 (13,356.40)
3
-$-
INDIAN KNOLL MANOR
2020 COMMERCE BLVD
MOUND, MN 55364
~~
r
PAID INVOICES SORTED BY VENDOR
FROM January 1, 2006 THROUGH January 31, 2006
February 22, 2006
PAGE: 1
VENDOR VENDOR CHECK ACCTG CHECK M INVOICE INVOICE CUMULATIVE
NUMBER NAME DATE DATE NUMBER S NUMBER AMOUNT TOTAL
------------------------------------------------------------------------------------------------ - --------------------------------
3 PROGRAMMED MANAGEMENT CORP 01-10-2006 JAN2006 2177 S 70326154 47.92
TOTAL PAID 47.92 47.92
----------------------------------------------------------------------------------------------------------------------------------
6 WESTPORT PROPERTIES INC 01-09-2006 JAN2006 2163 S DECOS POSTAGE 37.00
6 WESTPORT PROPERTIES INC 01-09-2006 JAN2006 2163 S DECOS MGMT FEE 850.00
6 WESTPORT PROPERTIES INC 01-09-2006 JAN2006 2163 S JAN06 RECURRING 30.00
TOTAL PAID 917.00 964.92
----------------------------------------------------------------------------------------------------------------------------------
7 WESTPORT PROPERTIES PAYROLL 01-12-2006 JAN2006 2183 S 1/15/OS PAYROLL 3778.02
7 WESTPORT PROPERTIES PAYROLL 01-26-2006 JAN2006 2189 S 1/31/06 PAYROLL 3802.47
TOTAL PAID 7580.49 8545.41
20 XCEL ENERGY 01-10-2006 JAN2006 2179 S 51-6383341-8 DECOS 1459.76
TOTAL PAID 1459.76 10005.17
----------------------------------------------------------------------------------------------------------------------------------
~---. 34 HOME DEPOT CREDIT SERV-MOUND 01-10-2006 JAN2006 2171 S 4027200 11.93
TOTAL PAID 11.93 10017.10
----------------------------------------------------------------------------------------------------------------------------------
36 STS FLOORING INC 01-12-2006 JAN2006 2181 S 41900 443.00
TOTAL PAID 443.00 10460.10
54 RENTAL RESEARCH SERVICES, INC.O1-10-2006 JAN2006 2178 S Y87232 DECOS 49.00
TOTAL PAID 49.00 10509.10
-- -------------------------------------------------------------------------------------------------------------------
56 CenterPOint Energy 01-10-2006 JAN2006 2168 S 060-016-021-800 DEC 5613.76
TOTAL PAID 5613.76 16122.86
----------------------------------------------------------------------------------------------------------------
87 Office Depot 01-26-2006 JAN2006 2186 S 320336028 87.51
87 Office Depot 01-26-2006 JAN2006 2168 S 321254420001 46.01
TOTAL PAID 133.52 16256.38
90 ALLIED WASTE SERVICES 01-10-2006 JAN2006 2164 S 264189 52.00
TOTAL PAID 52.00 16308.38
--------------------------------------------------------------------------------------------------
-9-
INDIAN KNOLL MANOR
2020 COMMERCE BLVD
MOUND, MN 55364
PAID INVOICES SORTED BY VENDOR
FROM January 1, 2006 'TfiROUGH January 31, 2006
February 22, 2006
PAGE:
VENDOR VENDOR CHECK ACCTG CHECK M INVOICE INVOICE CUMULATIVE
NUMBER NAME DATE DATE NUMBER S NUMBER AMOUNT TOTAL
-------------------------------------------------------------------------------------------------- -------------------------------
95 B SYLVE$TER, LLC 01-10-2006 JAN2006 2165 S DEC05 SERVICE 62.00
TOTAL PAID 62.00 16370.38
----------------------------------------------------------------------------------------------------------------------------------
99 MINNESOTA ELEVATOR INC 01-10-2006 JAN2006 2176 S 87898 193.98
TOTAL PAID 193.98 16564.36
100 FRONTIER 01-26-2006 JAN2006 2184 S 9524725078 JAN06 434.00
TOTAL PAID 434.00 16996.36
101 C NABER and ASSOCIATES 01-10-2006 .JAN2006 2166 S 34208 103.00
101 C NABER and ASSOCIATES 01-10-2006 JAN2006 2166 S 34406 210.00
TOTAL PAID 313.00 17311.36
-------------------------------------------------------------------------------- - ------------------------------------------------
102 MOUND TRUE VALUE HARDWARE 01-26-2006 JAN2006 2187 5 ~ X05691 7.98
102 MOUND TRUE VALUE HARDWARE 01-26-2006 JAN2006 2187 S X05717 19.96
102 MOUND TRUE VALUE HARDWARE 01-26-2006 JAN2006 2187 S X05822 7.16
102 MOUND TRUE VALUE HARDWARE 01-26-2006 JAN2006 2187 S X05891 13.61
102 MOUND TRUE VALUE HARDWARE 01-26-2006 JAN2006 2187 S X05901 2.56
102 MOUND TRUE VALUE HARDWARE 01-26-2006 JAN2006 2187 S X06022 11.45
102 MOUND TRUE VALUE HARDWARE 01-26-2006 JAN2006 2187 S X06053 10.32
102 MOUND TRUE VALUE HARDWARE 01-26-2006 JAN2006 2187 S X06137 4.97
102 MOUND TRUE VALUE HARDWARE 01-26-2006 JAN2006 2187 S X06372 9.87
TOTAL PAID 87.88 17399.24
----------------------------------------------------------------------------------------------------------------------------------
104 CITY OF MOUND 01-12-2006 JAN2006 2180 S 944234301501 NOVOS 1333.89
104 CITY OF MOUND 01-10-2006 JAN2006 2167 S 2020 11/29/05 WATER 1197.52
TOTAL PAID 2531.41 19930.65
105 IKON OFFICE SOLUTIONS 01-26-2006 JAN2006 2186 S 23008601 52.27
105 IKON OFFICE SOLUTIONS 01-10-2006 JAN2006 2174 S 23974448 52.27
TOTAL PAID 104.54 20035.19
----------------------------------------------------------------------------------------------------------------------------------
ill Cingular/AT&T Wireless 01-10-2006 JAN2006 2169 S 612-309-1305 DECOS 57.01
TOTAL PAID 57.01 20092.20
125 IKON FINANCIAL SERVICE - LEASE01-10-2006 JAN2006 2173 S 67841226 139.38
TOTAL, PAID 139.38 20231.58
-10-
INDIAN KNOLL MANOR
2020 COMMERCE BLVD
MOUND, MN 55364
r
PAID INVOICES SORTED BY VENDOR
FROM .January 1, 2006 THROUGH January 31, 2006
February 22, 2006
PAGE: 3
VENDOR VENDOR CHECK ACCTG CHECK M INVOICE INVOICE CUMULATIVE
NUMBER
-------- NAME
------------------------------ DATE
------------- DATE
------------ NUMBER
----------- S
------ NUMBER
- --------------------- AMOUNT
------------ TOTAL
---------------
133 Gerrys Fire & Safety, Inc 01-26-2006 JAN2006 2185 S 26136 62.50
TOTAL PAID 62.50
- 20294.08
--------
137 ------------------------------
Karen Rondeau -------------
00-00-0000 ------------
SEP2004 -----------
1691 ------
S -----------------------
2020/311 RET S/D --------
---
383.28 ---------------
TOTAL PAID 383.26 20677.36
--------
144 ------------------------------
Concept Landscaping -------------
01-10-2006 ------------
JAN2006 -----------
2170 ------
S -----------------------
4521 ------------
220.00 ---------------
- TOTAL PAID 220.00 20897.36
--------
189 ------------------------------
.Public Storage-Bloomington ---------- --
01-06-2006 -----
------
JAN2006 -----------
2162 ------
S -----------------------
2006 Storage ------------
73.50 ---------------
TOTAL PAID 73.50 20970.86
90005 HSBC BUSINESS SOLUTIONS 01-10-2006 JAN2006 2172 S 30243305093283 93.33
90005 HSBC BUSINESS SOLUTIONS 01-10-2006 JAN2006 2172 S 302433205092893 47.93
90005 HSBC BUSINESS SOLUTIONS 01-10-2006 JAN2006 2172 S 302434005095567 86.60
,~Q005 HSBC BUSINESS SOLUTIONS 01-10-2006 JAN2006 2172 S 302434605097319 20.30
TOTAL PAID 248.16 21219.02
--------
90010 ------------------------------
WASTE TECHNOLOGY INC -------------
01-12-2006 ------------
JAN2006 -----------
2182 ------
S ----------------------
95397 -------------
273.77 ---------------
TOTAL PAID
-
-
-
- 273.77
- 21492.79
--------
90013 ------------------------------
JOHNSTONE SUPPLY -------------
01-10-2006 ------------
JAN2006 -----------
2175 ------
S -
-----------
-----
-
750104 ---
---------
852.83 ---------------
--------
------------------------------
-------------
------------
-----------
------ TOTAL PAID
---------------------- 852.83
------------- 22345.62
---------------
_11_