1999-05-11~QG,n
MOUND HOUSING AND REDEVEL PMENT AUTHORITY
2020 COMMERCE BO LEVARD
MOUND, MINNESO A 55364
DATE: MAY 11, 1999, 7:00 PM
LOCATION: COUNCIL CHAMBERS, MO
ROLL CALL:
MEETING AGENDA:
1. CONSENT AGENDA
A, HRA Board Minutes -April 13, 1999
B. Monthly Bills
2. REPORTS
A. Accountant Reports
B. Bank Statements
3. TENANT REPRESENTATIVE REPORT
4. ACTION ITEMS
5. DISCUSSION ITEMS
A. Pay Equity Compliance
B. What is Sundry?
6. ADJOURNMENT
CITY HALL
NEXT MEETING - JUl`~tE 8, 1999
MOUND HOUSING AND REDEVELOPMENT AUTHORITY
2020 COMMERCE BLVD.
MOUND, MN 55364
MINUTES OF APRIL 13, 1999
The meeting was called to order by chairperson, Pa t Meisel at 7:OOPM in the
council chambers of Mound City Hall. In attendan~ ~e were the following: Andrea
Ahrens, Bob Brown, Leah Weycker, Mark Hanus, Pinky Charon and Pauline Payne.
The first item of business was the approval of the c ~nsent agenda which included
the minutes of the March 9, 1999 meeting and a lip t of bills totaling the amount of
$ 13,859.54. A motion to approve was made by Andrea and seconded by Bob.
The motion was called and passed unanimously.
A motion to adjourn was made by Bob seconded b~~ Andrea. The meeting was
adjourned at '7:30 P.M.
Respectfully submitted
Karol Charon, Executive Director
Karol Charon, Executive Director Date
Pat Meisel, Chairperson Date'
MOUND HOUSING AND REDEVELOPMENT AUTHORITY
Indian Knoll Manor
# Check No. Vendor/Merchant /lmount Comments
1 Minne asco $1 057.86
2 Cit of Mound 1,085.61
3 M E I 138.00
4 A T & T 28.20 Internet server and to
5 Sams 91.56 maintenance su lie
G Ko sa, S Ivester 81.00
7 Glenwood In lewood 13.42
8 Daniels Interiors 540.00 a t 100
9 Waconia Buildin Su 128.87 door a t 100
10 BFI 263.53
11 N S P 980.12
12 Bud et Li htin 125.49 li ht bulbs
13 Nitro Green 72.42 lawn service
14 Housin Auth Ins 1,361.00
15 Paul Kronholm 6.28 as
16 Dave Bri s 40.00 roto-till arden
17 GTE 244.58
18 Verified Creditials 20.00
19 Coast to Coast 217.94 maintenance su lie
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
TOTAL:
TOTAL ACC. PAYABLE
Begining Bank Bal.
Deposits MTD
ENDING BANK BALANCE
$E ,495.88
$6,495.88
$32,014.53
$7,500.00
$33,018.65
Signature:
AccPay
05/07/99
MARQUETTE BANK, N.A.
MOUND OFFICE
PO BOX 1000
MINNEAPOLIS MN 55480-1000
. Marqu~:tte
Bank MEM 3ER FDIC
Page 1
4-30-99
33530
9 - 190
30 HOUSING & REDEVELOPMENT AUTHORITY
SPECIAL ACCOUNT
2020 COPiMERCE BLVD
MOUND Mri 55364-1575
1343
I~I~I~~I~I~~~II~~II~~~I~~I~~~II~I~I~I~~~I~I~I~~~I~III~~~I~~~II
NEED MONEY TO PAY THAT COl'.LEGE BILL? MARQUETTE
BANKS HAS EDUCATION LOAN P1tOGRAMS TO HELP YOU MEET
0 25
1501 FOR
N
A
1-80
?
I
FOR.~tATION AND
AP CATIONS.
Account Number 33530 BUSINESS NC~W
Account Activity ~rorn 3-31-99 to 4-30-99
Number of Items
Previous Balance..
35
402
75
+ Deposits 2
+ Electronic Deposits ,
.
10,164.90
+ Other Deposits/Credits 1 .00
23
1T
- Electronic Withdrawals .
00
- Other Withdrawals/Debits .
00
- Checks Paid 2$
Current Balance .
13,576.29
32,014.53
Interest Summdry '
Interest Earned From 3/3
Days in Period 1/99. to 4/30/99
Interest Earned 30
23
Annual Percentage Yield Earned .75
Interest Paid, this Year 90.96
Deposits
Date bescription
4-08 ArOt~uht
CUSTOMER DEPOSIT
4-16 CUSTOMER DEpOS1T 9011.90
1153.00
Total'Deposits 2 10,164.90
Other Deposit/Credit Activity
Date Description
4-30 INTEREST PAYMENT Amouht
23.17
.Total other DepositsiCredts 1 23.17
Continued on Next Page
..~
Fuuauiousiwo
LENDER
•tte R.
--~® Norwest
~lltii-Jh~-EST BANKS
----- Bank Statement
-~-,-®
NORWEST BANK MINNESOTA, N.A.
POST OFFICE BOX B 514
MINNEAPOLIS MN 55479
Page 1
Statement Date:
April 27, 1999
7so a
042-0023739
I~UUSIN6 AND DEVELOPMENT AUTHORITY
OF MOUND
2020 COMMERCE BLVD
MOUND MN 55364
If you have any questions about this statement or your accounts, call: 612-667-0281.
Your Accounts at a Glance
Choice 1-Plus
News from Norwest
Account Number
042-002.'739
Current Balance
+ 14, 930.83
START PLANNING FOR YOUR RETIREMENT BY OPEN/NG AN IRA H~ITH NORWEST INVESTMENT SERVICES,
INC.; (NISI), THE BROKERAGE SUBSIDIARY OF WELLS FARGO. A:~K YOUR BANKER TO INTRODUCE YOU
TO ONE OF OUR FINANCIAL CONSULTANTS AND ASK FOR YOUR FREE RETIREMENT REVIEW. MAKE THE
MOVE. OPEN A NORWEST NO FEE IRA TODAY! NOT FDIC INSURED. MAY LOSE VALUE. NO BANK
GUARANTEE. NISI fS A REGISTERED BROKER/DEALER AND A MEMBER OF NASD, CHICAGO STOCK
EXCHANGE AND SIPC. N/Sl IS NOT A BANK.
Choice !-Plus
Housing And Development Authority
Of Mound
Accaunt No. 042-0023739
Summary of your account -------------------_
Previous Balance ort Mar 25
Deposits, other additions
Total checks posted, other withdrawals
Ending balance on Apr 27
Summary of interest inlormation ---________________________________________~.
Annual percentage yield earned
Average collected balance this period
Interest earned during this per,tod
l~rterest and bonuses paid to date this year
Daily Balance Summary ------------_________________
Date Balance Date
Mar 25
Details of your account
Date Description
Mar 25 Previous Balance
Continued on next page
14,423.02 Apr 16
$ 14,423.02
+ 507.81
- 0.00
= 14,930.83
0.59 io
$ 14,559.38
$ 7.81
$ 22.45
------------------------------------------------
Balance Date --------------------
Balance
14,923.02 Apr 27 14,930.83
Amount
$ 14,423.02
NOTICE: see reverse side for important information.
Mound, MN Public Housing
2020 Commerce Boulevard
Mound, MN 55364
For The Period Ended
3131 /99
BUDGET PROGRESS REPORT
Percent
YTD Of
Balance Budget Budget
REVENUES
3110.00 Dwell. Rental (58,042.35) (104,660.00) 55.00
3120.00 Excess Utilities (36.00) (830.00) 4.00
3190.00 Nondwell Rental (600.00) (1.200.00) 50.00
Total Rental Income (58,678.35) (106,690.00) 55.00
3610.OOInvest.lnterest (144.30) (410.00) 35.00
3690.00 Other Income (128.88) 0.00 0.00
8020.00 Operating Subsidy (8.358.00) (8.358.00) 100.00
Other Operating Receipts (8,631.18) (8,768.00) 98.00
TOTAL RECEIPTS (67.309.53) (115,458.00) 58.00
EXPENSES
4110.00 Admin. Salary 7,426.94 14,390.00 52.00
4150.00 Travel 449.44 800.00 56.00
4170.00 Accounting Fees 646.00 1,050.00 62.00
4171.00 Auditing Fees 0.00 500.00 0.00
4190.00 Sundry-Admin. 2.348.18 3.000.00 78.00
Total Administrative Exp. 10,870.56 19,740.00 55.00
4310.00 Water 1,613.52 2,700.00 60.00
4320.00 Electricity 7,059.59 13,000.00 54.00
4330.00 Gas 6,632.00 13,000.00 51.00
4390.00 Other Utility Exp. 4,967.64 9,400.00 53.00
4391.00 Garbage Removal 1.643.26 2.200.00 75.00
Total Utilities Exp. 21,916.01 40,300.00 54.00
4410.00 Maint. Labor 9,941.41 18,740.00 53.00
4420.00 Materials 5,032.28 4,570.00 110.00
4430.00 Contract Costs 3.969.18 6.610.00 60.00
Total Maintenance Expense 18,942.87 29,920.00 63.00
See Accountant's Compilation Report
Mound, MN Public Housing
BUDGET PROGRESS REPORT CONTINUED
4510.00 Insurance
4520.00 Pmts In Lieu Of Tax
4540.00 Emp. Benefit Contr
Total General Exp.
Total Routine Exp.
4610.02 Extra Maint Mat.
4610.03 Extra Maint Cont.
7520.00 Repl Nonexp Equip
Total Nonroutine Exp.
TOTAL EXPENSES
Increase/(Decrease) To Reserve
See Accountant's Compilation Report
Percent
YTD Of
Balance Budget Budget
2,179.64 8,780.00 25.00
1,838.12 3,320.00 55.00
1,324.81 2,700.00 49.00
5.342.57 14.800.00 36.00
57.072.01 104.760.00 54.00
470.07 0.00 0.00
1,755.00 6,000.00 29.00
1.022.80 0.00 0.00
3.247.87 6.000.00 54.00
60.319.88 110.760.00 54.00
4.698.00
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May 5, 1999
Mound H.R.A Commissioners
Subject: What makes up Sundry account # 4190
Commissioners
The items that are charged to sundry are postage, office supplies including
copy paper, forms, stationery, and phone equipment. The phone bill is
charged to sundry and all long distance charges. All background checks, laser
jet printer ink and Internet server charges.
I ordered several forms at the beginning of the year so this amount is up but it
should level off.
Pinky