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2003-07-26~~ • AGENDA MOUND HOUSING AND REDEVELOPMENT AUTHORITY JULY 26, 2003 6:30 P.M. PAGE 1. OPEN MEETING 2. .ACTION APPROVING AGENDA, WITH ANY AMENDMENTS 3. ACTION APPROVING MINUTES: JULY 22, 2003 REGULAR MTG 1 REPORT ON INDIAN KNOLL MANOR BY CINDY REITER OF 2-23 WESTPORT PROPERTIES, WITH ANY NECESSARY ACTION 5. ACTION ON RESOLUTION ESTABLISHING THE TAX LEVY FOR 24-27 THE MOUND HOUSING AND REDEVELOPMENT AUTHORITY FOR THE YEAR 2004 6. MOUND HARBOR RENAISSANCE REPRESENTATIVES ON 28-30 GAP FINANCING STRATEGIES 7. ADJOURN 8. MISCELLANEOUS/CORRESPONDENCE A. Update: Mound Harbor Renaissance -Aug 7, 2003 31-32 B. Met Council Housing score 33 • MOUND HOUSING AND REDEVELOPMENT AUTHORITY JULY 22, 2003 • • The Mound Housing and Redevelopment Authority of and for the City of Mound, Minnesota, met in regular session on Tuesday, July 22, 2003, at 7:15 p.m. in the council chambers of city hall. Members Present: Chairperson Pat Meisel, Commissioners Bob Brown, Mark Hanus, David Osmek and Peter Meyer. . „~ Others Present: Acting Executive Director Gino Businaro munity Development Director Sarah Smith, Building Official Matt Simoneau, - ~ en 1. OPEN MEETING Chairperson Meisel opened the meeting at 7:1 2. APPROVE AGENDA MOTION by Hanus, seconded by Brown to Motion carried. 3. APPROVE MINUTES MOTION by Osmek, seconded by E meeting. All voted in favor: Motion 4. REPORT ON I~ Stacey Lotten of W A. June bank B. May income C. MOTION by vor. of the July 8, 2003 the Manager's Monthly Report. {~ ,~ fed an s to pay the June 2003 bills in the toted in 'a, or. Motion carried. indicated they are working on the 2004 budget. The >r 2004 should be completed by the week of July 28. ~f hiring anew on-site manager. 5. ADJOURN, MOTION by B p n, sec ~~~~d by Osmek to adjourn at 7:28 p.m. All voted in favor. Motion carried. Chair Pat Meisel Attest: Bonnie Ritter, City Clerk • MDt~t,ND F~t'FP.~ INDifFN KNOC..I..~l~/kR7MENT5 p'ROpER.TY M~NA^~ER'SMONT"I-Fi..Y REPDR7' rKesda~, ~kugust 26, 2003 n~tawager's ~gtwda • July ga~.le 5tatev~.ewt • Juv~.e iw.covKe state-~,~,ev~t s~neet • Re%ew o~ bins paid o subw~.%ssiow o f ~,oo3-aoo~ operati.-tig budget • -vtawagers Report a New -uawager +-tired • • 2 ~. • Page 2 of 4 512 Housingg'& Redevelopment.~Authority Account Number: 000-0033530 Special Account Statement End Date: 07/31/03 ~hdrawals and Debits ------- -------- ----- ----- -------- ----------- Date Transaction Detail ~ Amount Ju! 09 'Return Jtem Fee MN 030709 - 5.00 ---- ------- ------- ----------------------- Checks Paid -------------------------------------------------------------------- -------- Amount Check # Date Amounf Check # Date - Ju107 394.33 1189 Jul 15 ' ' 47.93 1161 Jut 90 124.00 1190 Jul 16 ~ 444.80 ..;... f 163 Ju107 190.00 1 ?91 Jul 11 17.78 = 1164 Ju109 399.39 1192 Jul 14 1,191.28 1165 Ju108 251.50 1193 Ju115 51.24 90.50 1194 Ju114 596.29 1 ? 66 JuI 09 850.00 . 1167: Jul 03 1,137.20 1195 , Ju1.23 . 3,044.89 1.168 Jul 07 1,938.24 1196 Jul 15 ~ . 62.00. • . • 1,169 Jul 01 3,185.64 1210 Ju131 _ , 1.170 Jul 15 279.00. 1211 Ju! 29 366.87 1171 Ju1.15 71.26 1212 Ju130 95.00 _1.172 Jul `''75 1,491.55 1213 Jul 28 66.75 1173 Jul 681.60 1214 Ju! 28 133.13 . 1174 Ju191 520.99 1215 Ju128 113.40 1175 Ju109 1,038.70 1216 Ju128 ' .25.63 - 1176 '' Ju! 15 28.61 1217 Jul 28 84.50 1177 JuI11 159.49 1218 Ju128 344.84... 1178 Jul 16 607.89 1219 Jul 24 ~ 7.31 1,179 Jul ' 15 69.76 1220. Jul 25 206.57 1180 Ju! 16 43.20 1221 ~ Jul 30 69.56 .:1181 Ju! '15 79.27. 1222 Jul 28 1,368.42 1182: ,Jul '18 406.50 .1223 JuI 30 361.45 "1183 'Ju1.:18 73.00 1224 Ju129.: 162.93 1184 JuI:14 158.05 1225 JuI 28 75.94 1185 Jul °15 139.51 1226 Jut 25 357.81 1186 Ju121 29.86 1227 Ju128 4.79 '.1188 Jul 15 51.06 1229 Jul 30 2,962.33 * Gap in Check Sequence Daily Balance Summary-------------------- -- Date Balance Date Balance Jun 30 101,750.33 Jul 16 93,550.93 Ju! 01. 98,564.69 Jul 18 93,071.43 Jul `03 97,427.49 Jul 21 93,049.57 JuI 07 104,809.47 JuI 23 92,191.57 Jul 08. - 104,557.97 Jul 24 92,184.26 Jul 09: 102,768.38 Jul 25 • 91,619.88 '' Ju190 102,644.38 Ju128 89,402.48 Ju/11 101,946.12 Ju129 88,872.68 JU! 94 98,898.95 Ju130 85,384.34 Jul '15 ` 94,646.82 JuI 31 85,325.98 Average Collected Balance $ 95,334.71 -------- ------- --- -------- ---- Interest Summary -- ------ ----- °-°--°° - Annual!Percentage Yleld Earned This Period 0.04% 3.64 Interest Earned During This Period 36.59 Year to Dafe Interest and Bonuses Paid Continued on next page 4 ~~ . Page 4 of 4 Wells Fargo has comprehensive solutions designed to meet your business needs: ~ Credit Lines :and Loans. - ~ Business Payroll Services ~ Retirement Plans ~ Merchant Card Services ~ Investment Services ~ Business Online.Banking For more information on our products and services, please contact your Wells Farpo representative of visit us online al welistargo.comlbiz Account Balance Calculation Worksheet 1. Use the following worksheet to calculate your overall account balance. 2. Go ihrougli your register and mark each check, withdrawal, ATM transaction payment, deposit or other credit listed on your statement. Be sure that you register shows any interest paid into your account and any service charges automatic payments or ATM transactions withdrewn Irom your account durin{ ' this statement period. 3. Use the short below, list any deposits, Iran$fers to your account, outslandin checks, ATM withdrawals, ATM payments or any other withdrawals (includin any from previous months) which are listed in your register but not shown o~ your statement. . ENTER ® The NEW BALANCE shown on ' your sialement ............................................................... $ ADD ® Any deposits listed in your $ register or Uansters into $ our account which are not $ wn on your stalemenL ±$ TOTAL .................. $ CALCULATE THE SUBTOTAL ................... $ (Add Parts A and B) . SUBTRACT © The total outstanding checks and withdrawals Irom the chart above ...................... - $ - CALCULATE:THE ENDING BALANCE (Part A + Part 13; Part C) .This amount should 6e the same . as the current balance shown in .your check register .....:.:. ........ ......... $ I MDIA • • Summa~~y Statement • Ns~°Mr ~~ r ~~4~ ~ •r July 2003 For more information, call MBIA Client Services at (800)395-5505 Fax: (800)765-7600 ~~~ Mound Housing and Redevelopment Auth. Account Number: MN-O1-0258-2001 Account Name: GENERAL FUND Beginning Contributions Withdrawals Inwme Average Daily Mon[h End Balance Earned Balance Balance This Month $194,373.02 $37,000.00 $0.00 $133.38 $198,023.21 $231,506.40 Fiscal YTD Endin 12/31/0 $193,443.04 $37,000.00 $0.00 $1,063.36 $194,528.69 $231,506.40 Account Number: MN-O1-0258-2002 Account Name: MOUND HiJD Beginning Contributions Withdrawals Income Average Daily Month End Balance Earned Balance Balance This Month $11,390.09 $0.00 $0.00 $7.66 $11,394.15 $11,397.75 Fiscal YTD Endin 12/31/0 $11,335.65 $0.00 $0.00 $62.10 $11,368.56 $11,397.75 Total of all accounts Beginning Contributions Withdrawals Income Average Daily Month End Balance Earned Balance Balance This Month $205,763.11 $37,000.00 $0.00 $141.04 $209,417.36 $242,904.15 Fiscal YTD Endin 12/31/0 $204,778.69 $37,OW.00 $0.00 $1,125.46 $205,897.25 $242,904.15 July 2003 Page: 1 --- o~ ~~ n.~~sr w~+ Mound. MN Public Houslna 2020 Commerce Boulevard Mound. MN 5536,4 As Of June 30.2003 Statement of Operating Receipts & Expenditures 1f'Tp Over Current YTD Proratod (Under) Activi n e Budget Budget 311000 - Dwelling Rental {12,937.80) (95,799.40) (103,214.97) (7,415.57) 312000 • F~ccess Utlli#les 0,00 (30.001 (562.601 (532.501 Total Rental Incame (12,937.80) (95,BZ9.40) (103,777.47) 7,848.07 361000 - investment intarest/General Funds (3.53) (138.80) (450.00) (311.40) 389000 - Other Income (125.00) (2,032.21) (1,125.00) 907.21 802000 - Operating Subsidy (11 A~0•~ /39.529,001 (32.355.00) 7.174.00 Total Other Operating Receipts ~ (11,208.53) (41,69'8.81) (33'830.00) (7,769.81) Total Receipts (,~¢, 4141 B.331 (t37.529.Z11 (187'.707.471 178.28 Expsnsee 411000 - Administrative Salary 0.00 0.00 32,400.00 (32,400.Q0) 413000 - Legal Expense 0.00 0.00 450.00 (450.00) 414000 - Staff Tralninp 0.00 0.00 375.03 (375.03) 415000 - Travel 210.60 481.49 524.97 (43.48) 417000 - Accounting Fees 190.00 1,570.00 1,575.00 ~ (5.00) 417100 - Auditing Fees 0.00 4,840.00 600.03 4,239.97 419000 - Sundry-Administrative 991.52 9,164.72 4,050.00 5,114.72 419500 - Outside Management 2.985.6 25.074.19 0.00 5.074.19 Total Administrative Expense 4,387.82 41,130.40 39,978.03 1,155.37 Total Tenant Services Expen:e 0.00 0.00 0.00 0.00 431000 - Water 299.85 1,699.94 2,250.00 (550.06) 432000 - Electricity 1,938.24 6,132.69 9,450.00 (1,317.31) 433000 - Gas 0,00 16,162.27 11,999.97 4,182.30 439000 - Other Utility Expense 608.00 5,795.08 8,824.97 (21829.89) 439100 - Garbage Removal 394,33 3.029.45 ?.96_5 03 44.42 Total. Utillttes Expense s_ztn.zz 3d.$,~9.d3 ,~ 35.30@_9y (d7A.5d1 441000 - Maintenance Labor 0.00 1,916.50 27,135.00 (25,218.50) 442000 - Materials 1,388.86 6,762.60 8,149.97 812.63 443000 - Contract Costs 2.929.98 46.77x.31 13.740.03 ~~_Q38.28 Total Maintenance Expense 4,378.84 55~}55.d1" a7_ozs.GO 8.~i)_41 z I HUL U`i Mound. MN Public Hour 2020 Commerce Bouler Mound. MN 55364 As Of June 30.2003 Statement of Operating Receipts $ Expenditures YTD Over Current YTD Prorated {Under) ActEvlty Balancs ~~ Budaet 451000 - Insurance 650.00 6,614.50 5,370.03 1,244.47 452000 = Pmts In Lleu Of Takes 484.88 3,049.50 3,420.00 (370.50) 453000 - Terminal Leave Payments 0.00 13,942.96 0.00 13,942.96 454000 - Employee Beneftt Contributions 896.91 2,226.12 3,105.00 (878.88) 457000 - Collection Loss 0.0 498.45 498.45 Total c3enarst Expsnss 2.oa1.7g _~~ 11~895.as 1x_438.30 Total Routine Expanse 601000 - Prior Year Adjustments-Cash Total Nonroutlne Facpense Total Expense y IND3AN KNOLL APTS 2020 COMMRRCE 8T MOUND, MN 55364-1575 SYSTEM GENERATED CHECK REGISTER FROM July 1, 2003 TIIItOUGB July 31, 2003 August zl, zoo3 PAGE: 1 M -------•--.....__PAID TO------------------ ~~ CN&CK 8 CHECK ACCTG VSNbOR vI;NDOR SYSTEM MANUAL TOTAL OF NUNIBP.R v .OATS DATE NUb19HR NAME AMOUNT AMOUNT CHECKS 1071 V 07-17-2003 APR2003 VOID 1072 V 07-17-2003 AFRZ003 VOID 1170 B 07-03-2003 JUL2003 a7 AaAO SICK & MfiY6RS LLP 279.00 1171 ~ $ 07-03-2003 JUL2003 53 ACC83$ ONE, INC. 71.26 1172 S 07.03-003 JULZ003 7 ALL $A1'$ ALARMB 1491.55 1173 S 07-03-2003 JUL7003 40 BAREFOOT TURF 681.60 117a S 07-03-2003 JUL2003 16 CSNTERPOINT ENERGY MINNEGASCO 520.99 1175. 8 07-03-2003 JUL2003 15 CITX OF MOUND 1078.70 1176 S 07-03-2003 JULZ003 52 CULLIGAN - METRO 28.61 1177 6 07-03-2003 JUL2003 51 EMPIRE DOOR i GLASS CO. 359•a9 1178 S 07..03-2003 JUL2003 2 FRONTLSR 607.89 1179 5 07-03-2003 JUL2003 43 ROME DEPOT CRC/GECP 69.76 1180 S 07-03-2003 JULZ003 31 IKON OFFICE $OJ.N'1'IONB 43.30 1181 S 07-03-2003 JVLZ003 98 KIM KLUGNR82 79.27 1182 S 07-03-2003 JVLZ003 45 KNR COMMUNICATION SSRYICfiS,INC 406.50 1183 S 07-03-20p3 JULZ003 10 LAKER AND T}IS AxONBSR 73.00 1184 S 07-03-2003 JULZ003 as MSI MINNESOTA EL.$VATOR INC 158.05 1185 8 07-03-2003 JUL2003 96 MINNEAPOLIS LOCK ie KEY 8UDp1,X 139.51 1186 S 09-p3-a003 JUL2003 56 MINNEAppLIB PUBLIC ROVSING 29.86 • X187 1188 V 8 07-03-2003 07-03-2003 JUL2003 JUL2003 20 VOID MOUND TRUH VALUE HARDWARB .`may ~ 51.06 1189 S 07-03-2003 JUL2003 34 PROGRAMMED Ml1IJAGHMSNT CORQ 47.93 1190 5 07-03-2003 JUL2003 42 RETAIL SSRVICE$ 444.80 1191 S 07-03-2003 JUL2003 50 SHC PAGINO 17.78 1192 S 07-03-2003 JVL2003 24 STS FLOORING INC 1191.38 1193 6 07-03-2003 JVL2003 d9 UPBEAT INCORPORATED 51.2a 1194 S 07-03-2003 JUL1003 38 WARNERS STELLIAN 596.29 1195 S 07-032003 JVL2003 19 WESTPOIit' PROPSRTx$B 850.00 1196 8 p7-10-2003 JUL2003 18 r-SSTPORT PROPERTIES PAYROLL 3oaa.89 1197 V 07-17-x003 JUL2003 VOID 1198 V 07-17-2003 JUL2003 VOID 1199 V 07-17-2003 JUL2403 VOID 1200 V 07-17-2003 JVL2003 VOID X201 V 07-17-2003 JUL2003 VOID 1202 V 01.17_Z003 JUL2003 vOxa 1203 V 07-17-2003 JVL20p3 VOID 1204 V 07-17.1003 JUL2003 VOID 1205 V 07.1?-2003 JULZ003 VOIb 1206 V 07-17-2003 JUL2003 VOID 1207 Y 07-17-2003 JUL2003 VOID 1208 V 07-17-2003 JULZ003 VOID 12 p9 V 07-17-2003 JUL2003 VOID 1210 S 07••1s-2003 JUL2003 12 R. $YLVBBT$R LLC 62.00 • .~„/ 10 ,~~..~II VI~1 1 I\VI ~I~11~J I" hiUL U J INDIAN RNOLL APTS SYSTEM GENERATED Ct03CX Rs`OI9TER a0Z0 COMMSRC& 6T pROM July 1, x003 TffitOUGH yuly 31, 2003 MOUND, MN 55364-1575 August 21, 2003 PAGfi : ? • ~-1 ' M ------- --- ---- ------nAlp TO--••---------- CH&CK 8 CH&CR ACCTG VHNn(7R VENDOR SYSTEM MANUAL TOTAL OF NUte9Lfi. V DATE DATE NUMBER NAME AMOUNx AMOUNT CHECKS 1 1211 8 07^16.2og3 911L2003 8 BFI 366.87 1212 8 07-16-2003 JVL2003 27 C NABER a ASSOCIATES 95.00 1213 8 07-16-2003 JUL2003 57 C6di DXBx'RTgUTORB, *•*~ b6.75 1214 8 07.16-2003 JVL2003 11 108 CAPITAL 133.13 121$ $ 07.16^2003 JUL2003 S6 LAKHSHORE WHEKLY NHNS 113.40 1216 S 07-16-2003 JUL2003 20 MOUND TRUE VALUE FiARDNARE 35.63 1217 S 07-16-2003 JULZ003 44 RENTAL RS65ARCH 8$RVICS8, =NC. 81.50 1218 S 07-16-2003 JUI.2003 42 RETAIL SERVICES 344.84 119 6 07-16-2003 JUL2003 50 8EC PAGXI.7G 7.31 1220 S 07-16-2003 JUL2003 55 SERVICHMASTER BY HAPPH/HICKMAN 206,57 1221 S 07-16-2003 JUL2003 58 SUPERIOR AMERICAN E%TERMINATIN 69.56 1222 S 07-16-2003 JUL2003 y XCEL ENERGY 1368.92 1223 S 07-16-2003 JUL20D3 8 BFI 361.95 1229 S 07-16-2003 JUL2003 2 FRONTIER 16].93 1225 S 07-16-2003 JUL2003 30 MAINTENANCE NAREHOUSH 75.94 la2b S 07-16-2003 JUL2003 22 MSI MINNESOTA ELEVATOR INC 357.81 1a27 S 07-16-2003 JUL2003 20 MOUND TRUE VALUE HARDWARE 4.79 laaa v o7-ae-2oo3 JvL2oo3 volD 1229 8 07-Z8-2003 JVLZ003 18 NESTPORT PROPERTIES PAYROLL 2962.33 1904a.74 * CHECKS OUT OF SEQUENCE • 0.00 190d2.7d ~~.,,,i ,. / 11 __ -~^_ __ __- ~,_ __. _._. __ _- --- -~ = c __ • C. Naber + Associates ~~ix~ 2 Westport Properties Mound, MN Public Housing 2601 Sunset Boulevard, Suite 2B Minneapolis, MN 55416 Dear Kim, August 11, 2003 Attn: Kim Klugherz Enclosed please find the Operating Budget for theafiacaeS eution to our offbcer. The 2004. If you agree with these figures, send a bo budget forms need not be submitted to HUD unless you are required to do so. When you receive the HUD approved copies of the Operating Subsidy, one to our office. If you have any questions, please feel free to contact our office. Sincerely, . 1 Sandi C. Naber + Associates CN+A:jb Enclosure please send 12 306 East Seventh Street + York, Nebraska 66467 + [402) 362-446 + Fax [402] 362727 OMB Approval No. 2577-0026 (Fap. 06/30/2001) U.S. Department of Housing PHA/IHA Board Resolution and Urban Development Office of Public and Indian Housing Approving Operating Budget or eratinatSubs d Performance Funding System Op g Y ~ublic Reporting Burden for this collection ninnfth data needed, and completing and viewin rthe collsect on of formation f This agency rnaY nOt COndu~~g ection dis la a valid OMB control num er. existing data sources, gathering and maintat g or sponsor, and a person is not required to respond to a collection of infonr~ation unless that col P Ys This information is required by Section 6(c)(4) of the U.S. Housing Act of 1937. The information is the operating budget for the low-income housing program ~ and provides summary ofproposed/budgeted receipts and expenditures,azpado ted bb the PHA and the amountsnarerreas° dole and that the PHA~is in~comP • amounts. HUD reviews the information to determine if the operating p P y with procedures perscribed by HUD. Responses are required to obtain benefits. This information does not lend itself to confidentiality. Acting on behalf of the Board of Commissioners of the below-named Public Housing Agency (PHA)/Indian Housing Authority (II3A), as its Chairman, I make the following certifications and afire jmeb,e to the Department of Housing and Urban Development (HUD) regarding the Boazd's approval of (check one or more as pp ) (date) Operating Budget Submitted on; Operating Budget Revision Submitted on: • Calculation of Performance Funding System Submitted on: Revised Calculation of Perfonnartce Funding System Submitted on: I certify on behalf of the: (PHA/IHA Name) MOUND HOUSING AUTHORITY that: 1. All regulatory and statutory requirements have been met; 2, The PHA has sufficient operating reserves to meet the working capital needs of its developments; 3. Proposed budget expenditures aze necessary in the efficient and economical operation of the housing for the purpose of serving low-income residents; 4. The budget indicates a source of funds adequate to cover al] proposed expenditures: funding is in accordance with the provisions of the regulations; 6. All proposed rental chazges and expenditures will be consistent with provisions of law; or 24 CFR 950.120(c) and (d) ~ The PHA/IHA will comply with the wage rate requirements under 24 CFR 968.110(e) and (f) will comply with the requirements for access to records and audits under 24 CFR 968.110(1) or 24 CFR 950.120(g); 8. 'The PHA/IHA and 9 The p~HA will comply with the requirements for the reexamination of family income and composition under 24 CFR 960.209, 990.115 and 950.315. 5 The calculation of eligibility for Federal I herby certify that all the infomiatioe claims and statementsa Conviction~may Yesultlinecricrunal and/opcivil penalties. 8'U.S.C.~1001 c1010, 1012;31 U.S.C. 3729, 3802) Warning: HUD will Prosecute fals Date. Board Chavmwn's Name (type) ref. Handbook 7575.1 13 'Certification fora u.s. Department of Housing Drug-Free Workplace and Urban Development Applicant Name MOUND HOUSING AUTHORITY Programn/Activity Receiving Federal Grant Funding Acting on behalf of the above named Applicant as its Authorized Official, I make the following certifications and agreements to the Department of Housing and Urban Development (HUD) regarding the sites listed below: I certify that the above named Applicant will or will continue to provide adrug-free workplace by: a. Publishing a statement notifying erployees that the un- lawful manufacture, distribution, dispensing, possession, or use of a controlled substance is prohibited in the Applicant's work- place and specifying the actions that will be taken against employees for violation of such prohibition. b. Establishing an on-going drug-free awareness program to inform employees --- (1) The dangers of drug abuse in the workplace; (2) The Applicant's policy of maintaining adrug-free workplace; (3) Any available drug counseling, rehabilitation, and employee assistance programs; and (4) The penalties that maybe imposed upon employees for drug abuse violations occurring in the workplace. c. Making it a requirement that each employee to be engaged in the performance of the grant be given a copy of the statement required by paragraph a.; d. Notifying the employee in the statement required by para- graph a. that, as a condition of employment under the grant, the employee will -- (1) Abide by the terms of the statement; and (2) Notify the employer in writing of his or her convic- tion for a violation of a criminal drug statute occurring in the workplace no later than five calendar days after such conviction; e. Notifying the agency in writing, within ten calendar days after receiving notice under subparagraph d. (2) from an em- ployee or otherwise receiving actual notice of such conviction. Employer of convicted employees must provide notice, includ- ingposition title, to every grant officer or other designee on whose grant activity the convicted employee was working, unless the Federal agency has designated a central point for the receipt of such notices. Notice shall include the identification number(s) of each affected grant; f. Taking one of the following actions, within 3`0 tchai erect days of receiving notice under subparagraph d. (2), to any employee who is so convicted -- (1) Taking appropriate personnel action against such an employee, up to and including termination, consistent with the requirements of the Rehabilitation Act of 1973, as amended; or (2) Requiring such employee to participate satisfacto- rily in adrug abuse assistance or rehabilitation program ap- proved for such purposes by Federal, State, or local health, law enforcement, or other appropriate agency; g. Making a good faith effort to continue to maintain adrug- free workplace through implementation of paragraphs a. thru f. 2, Sites for work performance. The Applicant shall list (on sep er Orman e) hall include the street address, cityocountyeStae and ztp code the HUD funding of the program/activity shown above: Place of P ant fundin Identify each sheet with the Applicant name and address and the program/activity receiving Sr g'1 Check here ^ if there are workplaces on file that are not identified on the attached sheets. I hereby certify that all the information stated herein, as well as any information provided in the accompaniment herev Warning: HUD will prosecute false claims and statements. Conviction may result in criminal and/or civil penalties. (18 U.S.C. 1001, 1010, 1012, 31 U.S.C. 3729, 3802) T Name of Authorized Official Signature: X 14 true.and accurate. form HUD suv/v ~~iro~ ref. Handbooks 7417.1, 7475.13, 7485.1 & .3 ' 'OMB Approval No. 2577-0026 (exp. 6/30/2001) U.S. Department of Housing Operating Budget and Urban Development Office of Public and Indian Housing ge four for instructions and Public reporting burden statement i i b. Fiscal Year Ending c. No. of months (check one) ' d. T of HUD assisted project(s) X PHA/IHA-Owned Rental Housing on ss a. T of Subm X Original Revision No.: 09/30/04 X 12 mo. Other (spec 01 02 IHA Owned Mutual Help Homeownership e. Name of Public Housing Agency/Indian Housing Authority (PHAlIHA) 03 pi{AfIHp, Leased Rental Housing ,. MOUND HOUSING AUTHORITY A/IHA Owned Turnkey III Homeownership ~ pH f. Address (city, State, zip code) 05 PHA/IHA Leased Homeownership 2020 COMMERCE BLVD MOUND MN 55364 i. HUD Field Office h. PAS/LOCCS Project No. g. ACC Number MN07400104S - 8 5 8 C ' ts ' U li el Dw of ' No. ng 1• ths ' Mo t fU 0 No. k. acts ro fP o No m. 1 I 'I b e vai a A 48 576 ::::: . Actual . :•~:• :.:.:..:........: ^X Estimates . . t Fiscal L ~or Actual Re nested Bud et Estmate s as Current Budget yr. Y PHA/IHA Estimates H UD Modifications r. 09/30/02 09/30/03 UM Amount (~ nearest $10) PUM Amount (to nearest $10) Line No Acct. No Description tZ; ~3) P (4) (5) (6) (7) . . (1) Homebuyers Monthly Payments for: 0.00 010 7710 O retin Ex ense 0.00 020 7712 Earned Home Pa ments 0.00 030 7714 Nonroutine Maintenance Reserve 00 0 0.00 0.00 0 040 Total Break-Even Amount sum of lines 010, 020, and 030 . 0.00 050 7716 Excess or deficit in Break-Even 0.00 060 7790 Homebu ers Monthl Pa ments -Contra Operating Receipts 27 232 234.05 222.41 128110 0 3110 Dwellin Rental . 017 1 28 1 22 700 3120 Excess Utilities 0.00 0 3190 Nondwellin Rental 44 232 235.33 223.63 128,810 100 Total Rental Income sum of lines 070, 080, and 090 . 0 83 1 02 0 75 430 110 3610 Interest on General Fund Investments 5 71 2.55 3.04 1 750 120 3690 Other Income 238 gg 238.90 227.41 130 990 130 Total Rental Income sum of lines 100, 110, and 120 ~ Operating Expenditures • Administration: 26 73 73.47 68.06 39 200 . 140 4112 Mana ement -Administrative Salaries 5 44 1.02 2.43 1 400 150 4130 Le al Ex ense . 0 82 2.04 2.73 1 575 160 4140 Treinin & Travel . 01 3 3.57 6.15 3545 170 4170 Accountin Fees . 1 13 1.36 8.40 4840 , 180- . _41.21_ And' ' ..Fees . 85._ t5 918 17.9D_ 10 310 190 4190 Other Administrative Ex nses . 05 20 0.00 17.71 10 200 200 4195 Outside Mana ement . 03 73 90.64 123.39 71 070 tive Ex ense sum of line 140 thru line 200 t i . 210 Total ra s Admin TenantServices:- 0:00 220 4210 Salaries 2.08 1,200 230 4220 Recreation, Publications and Other Services 3 11 0.00 240 4230 Contract Costs, Treinin and Other 11 3 0.00 2.08 1 200 250 Total Tenant Services Ex nse sum of lines 220, 230, and 240 . Utilities: 43 6 5.10 5.90 3 400 260 4310 Water . 24 79 21.43 20.66 11900 270 4320 Electrici . 87 20 27.21 25.17 14 500 280 4330 Gas . 0.00 0 290 4340 Fuei 73 14 19.56 15.28 8 800 300 4390 Other Utilities Ex ense . 31 6 6.77 9.38 5 400 310 4391 Garba a Removal . 23 73 80.07 76.39 44 000 320 Total Utilities Ex ense sum of line 260 thru line 310 . 0.00 font HUD-52564(3/95) ref. Handbook 7475.1 f 4 Page Previous editions are obsolete 15 Name of PHA/IHA MOUND HOUSING AUTHORITY I~ Line Acct No No Description (1) Ordinary Maintenance and Operation: 330 4400 Maintenance & O erations b M mt 340 4420 Materials 350 4430 Contrast Costs 360 Total Ordinary Maintenance 8~ Operation Expense (lines 330 Protective Services: 370 4460 Labor 380 4470 Materials 390 4480 Contract Costs 400 Total Protective Services Ex ense sum of lines 370 to 390 General Expense: 410 4510 Insurance ~n dF~n payments in Lieu of Taxes Fiscal Year Ending 09/30/04 Actual Estimates Last Fiscal ~ re or Actual elvr e a HUD Modificatbns Yr. G 09/30/02 . y u Lr nt 09/30/03 Af0O0"t Amount PUM PUM PUM (to rarest $10) PUM (to nearest E10) 1 (2) (3) (4). (5) (s) ' 64 46 61.53 92.59 53 330 . 9 000 0 40.94 13.95 15.63 7g,p8 31.16 17.36 10 000 1 i;5-RS 106.64 125.57 72 330 11 7 0.00 0.00 0.00 2.18 25.17 7.76 14.72 0.00 7.04 16.72 0 470 Total General Ex nse sum of lines 410 to 460 480 Total Routine Expense (sum of lines 210 250 320 360, 400, and 47 Rent for Leased Dwellings: 490 4710 Rents to Owners of Leased Dwellin s _500 Total Operating Expense (sum of lines 480 and 490) Nonroutine Expenditures: 4610 Extraordina Maintenance 7520 Re lacement of Nonex endable E ui ment 0 7540 Pro Betterments and Additions 540 Total Nonroutine Ex nditures sum of lines 510, 520, and 530 550 Total O eratin Ex nditures sum of lines 500 and 540 Prior Year Adjustments: 560 ~ 6010 Prior Year Adjustments Affecting Residual Receipts Other Expenditures: 570 Deficienc in Residual Recei is at End of Precedin Fiscal Yr. ratin Ex nditures, including prior year adjustments and 580. Total Ope 9 Pe ' 57 other ex nditures line 550 lus or minus line 560 lus line licit before HUD Contributions and i is or De 590 Residual Rece p ( ) -rovisiortfora eratin reserve lime 130-minusline580 HUD Contributions: 600 8010 Basic Annual Contribution Eames-Leased Pro ects:Current Ye 610 8011 Prior Year Adjustments - (Debit) Credit _ _ _ .. ,.__._ ..,~ r`,, s i,„t,nn n,no ann nlus or minus line 610) 41.04 11.68 11.68 72 156.63 1 670 Total Year-End Ad'ustments/Other lus or minus lines 640 ttuu 660 ~ 680 8020 Total O eratin Subsid -curent ear ine 830 plus or minus line 670) 112 690 Total HUD Contributions sum of lines 620 and 680 700 Residual Receipts (or Deficit) (sum of line 590 plus line 690) 1 Enter here and on line 810 __ 0.00 0.00 -.0.00 101.13 01.13 01.13 0 0 1.210 0 0 Page 2 of 4 Previous editions are obsolete 16 ref. Handbook 7475.1 of PHA/IHA 740 ~ 2821 AUTHORITY I Maximum Operating Reserve -End of C IIHA-Leased Housing -Section 23 or 10(c) Part 11-Provision for and Estimated or Actual v Braun RCDC...a o...~...-• 780 O ratio Reserve at End of Previous Fiscal Year -Actual for FYE date 790 Provision for Operating Reserve -Current Budget Year (check one) ~X Estimated for FYE Actual for FYE 800 Operating Reserve at End of Current Budget Year (check one) Estimated for FYE Actual for FYE 810 Provision for Operating Reserve -Requested Budget Year Estimated for FYE Enter Amount from line 700 g20 Operating Reserve at End of Requested Budget Year Estimated for FYE Sum of lines 800 and 810 aan Cash Reserve Requirement- 25 % Of line 480 0 PHA / IHA Approval Name Title Date Signature Field Office Approval Name Title Date Signature ref. Handbook 7475.1 Page 3 of 4 Previous editions are obsolete 17 Year Ending Operating Budget U.S. Department of Housing "OMB Approval No. 2577-0026 (Exp. 6/30/2001) and Urban Development Schedule of Administration Office of Public and Indian Housing Expense Other Than Salary lic Reporting Burden for this collection of information is estimated to average 1 hour per response, including the time for reviewing instruction: ng data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. This agency may t sponsor, and a person is not required to respond to, a collection of information unless that collection displays a valid OMB control number . This information is required by Section 6 (c)(4) of the U.S. Housing Act of 193roval of budgeted receipts and expendturesoand justifications of ce and provides a summary of proposed/budgeted receipts and expeditures, app amounts. HUD reviews the information to determine 'tf the operating plan adopted by the PHA and the amounts are reasonable and that the PHA ! with procedures rescribed by HUD. Responses are required to obtain benefits. This information does not lend itselfF scar Yeaa End:liry Locality: Name of Housing Authority: MOUND, MN 55364 uyi3v~~~+ MOUND HOUSING AUTHORITY (2) (3) (a) (5) (s) (1) T~~~r Management Development Section 8 Othe 1,400 1,400 1 Le al Ex ense see S ecial Note in Instruction ~ Trainino (list and provide justification 1,350 1,350 3 I ravel 0 Trips To Conventions and Meetings (list and provide justification) a Other Travel: Outside Area of Jurisdiction 0 225 225 5 Within Area of'urisdiction 225 225 0 s Total Travel 45 3,545 3,5 7 Accountin 4,840 4,840 8 Auditin Sundry XEROX LEASE 1,320 1,840 1,840 Rentai of Office S ace 0 1o Publications 11 Membershi Dues and Fees List or anization and amount 0 Electronic Communications Fax hone l T 4,790 4,790 12 , , e e 0 13 Collection A ent Fees and Court Costs 4 Administrative Services Contract WESTPORT PROP. MGMT 10,200 10,200 1 15 _ . Forms, Stationa and Office Su lies 3;680 3,680 . _ 16 Other Sund Ex ense rovide breakdown 0 10 0 20,510 20,5 17 -Total Sund 870 31 31,870 0 18 Total Administrative Expense Other Than Salaries , 0 0 0 Q To the best of my knowledge, all of the information stated herein, as well as any information provided in the accompaniment herewith, is true and accurate. Warnin~HUD will prosecute false claims and statements. Conviction may result in criminal and/or civil penalties. 18 U.S.C.1001, 1010, 1012; 31 U.S.C. 3729, 3802) _ Signature of authorized representatlve & Date: Ix form HUD-52571(3/95) 1$ Page 1 of 2 ref Handbook 7475.1 Operating Budget Summary of Budget Data J t'f ations U.S. Department of Housing "OMB Approval No. 2577A026 (Exp. 6/3U/2001) and Urban Development Office of Pubic and Indian Housing and us I Ic Public Reporting Burden for this collection of information is estimated to average 45 minutes per response, inGuding the time for reviewing instructions, searching . existing data sources, gathering and maintaining the data needed. and completing and reviewing the collection of information. This agency may not conduct or sponsor, and a person is not required to respond. to, a collection of infomtation unless that collection displays a valid OMB control number. This information is required by Section 6 (c)(4) of the U.S. Housing Act of 1937. The information is the operating budget for the low-income housing program and provides a summary of proposed/budget receipts and expeditures, approval of budgeted receipts and expenditures, and justification of certain specified amounts. HUD reviews the nfH'rmatioRPonontsets a e ~reouifed totobtain benefits~Th~s reformat onddcees of lendt self tosconfidentialityat the PHA is in compliance ... _____~..___ ..,, c i Yoar Fndina Dwelling Rental: Explain basis for estimate. For HUD-aided low-rent housing, other than Section 23 Leased housing, state amount of latest available total H/A monthly rent roil, the number of dwelling units available for occupancy and the number accepted for the same month end. Cite HA policy revisions and economic and other factors which may result in a greater or lesser average monthly rent roll during the Requested Budget Year. For Section 23 Leased housing, state the number of units under lease, the PUM lease price, and whether or not the cost of utilities is included. If not incuded, explain method for payment at utility costs by HA and/or tenant. JUNE RENT REGISTER 11027.00 / 48 = 229.73 X 1.03 = 236.62 X 94% = 222.42 X 576 = 128113.92 TOTAL: 128,110 Excess Utilities: (Not "for Section 23 Leased housing.) Check appropriate spaces in item 1, and explain "Other". Under item 2, explain basis for determining excess utility consumption. For example, Gas; individual check meters at OH-100-1, proration of excess over allowances at OH-100-2, eta Cite effective date of present utility allowances. Explain anticipated changes in allowances or other factors which will cause a significant change in the total amount of excess utility charges during the Requested Budget Year. 1 Utility Services Surcharged: Gas ~ ElecUicity^ Other (Specify) 2. Comments FREEZERS 200 500 ac TOTAL: 700 Building Space -Nursery School - $50 per month, etc. Space Rented 2. Comments complete Item 1, specifying each space rented, to whom, and-the rental temts. ror examp~e: ~~~~°,w,,,, changes anticipated during the Requested Budget Year affecting estimated Non-dwelling Rental Income. To Whom Rental Tema TOTAL: 0 forth HUD-52573 (3/95) Page 1 of 4 ref Handbooks 7475.1 Previous Editions are obsolete 1 n Interest on General Fund Investments: State the amount of present General rums urveau,io~~• "••" ~•" r--•-- " circumstances such as increased or decreased operating reserves, dwelling rent, operating expenditures, etc., which gill alffnesct estimated average monthly total investments in the Requested Budget Year. Explain basis for distributions of interest income between housing p 9 TOTAL: 430.00 oftthe HA's prospectve Operating Receiptstsit9ation during thle Reques ed Budget Year. i Folr Section 23Leased housing explain bas stfoG stimate of utilty ~~"' a charges to tenants. LATE FEES, DAMAGES 1,000 LAUNDRY 750 TOTAL: ~75~ Operating Expenditures Summary of Staffing and Salary Data Co upmen (1)eE ter the t tat numbel~of pos tionstdesignated with heticorresponding accountDline symbolhas shown inPColulmn (1),form HUD-52566. s. Column (2) Eli tocable to suchrhousq'ing at the raltel of 0 % It170%aland 50°/ orespectively. Thuslnthe equ valent full-timeeposit oln.is two. (8/10 re7/10 N 5110 sons a Column (3) Enter the portion of total salary expenses shown in Column (5) or Column (6), form HUD-52566, allocable to HUD-aided housing in management, othe than Section 23 Leased housing Column (5) Enter the portion of total salary expense shown in Column (5) or Column (7),Oform HUD-55666allocable to Modeml izat on programs (Comprehensv e Co l ) Improvement Assistance Program or comprehensive Grant Program). form HUD-52566, allocable to Section 8 Programs. Column (6) Enter the portion of total salary expense shown in Column (5) or Column (9), Note: The numbeo account I nes Ord nary Maintenacehan OperationlaLabor~, nExtraordinarYlMa+ntenance Work ProjectsHand Betterments a suitably distributed additions Work Projects. HUD-Aided Management Program Account Line Administration-Nontechnical Salaries 1 Administration-Technical Salaries 1 Ordinary Maintenance and Operation-Labor 1 Utilities-Labor 1 Other (Specify) (Legal, etc.) 1 Extraordinary Maintenance Work Projects 2 Total Number Full-Time oen""" `" '"`""" '- program of positions Positions ; Management Housing Only Pro95 ms 6 Betterments and Additiwns Work Projects 2 1 Carry fotwar neoon HUD-52564 (Sec~on 23DLeased Housing Budget)athe amount of sa ary expense shown in column (~4) on thle correspond n9 line above. the appropriate 2 The amount of salary expanse distributed to Extraordinary Maintenance Work Projects and to Betterments and Additions Work Projects is to be included in t of each individual pro'ect to be erformed b the HA staff, as shown on form HUD-52567. form HUD-52573 (3/95) ref Handbooks 7475.1 Page 2 of 4 Previous Editions are obsolete 2~ Specify all proposed new positions and all present positions to be abolished in the Requested Budget Year. Cite prior HUD concurrence in proposed staffing changes or present just cation for such changes. Cite prior HUD concurrence in proposed salary increases for Administration Staff or give justification and pertinent comparability information. Cite effective date for current approved wage rate (form HUD-52158) and justify all deviations from these rates. SEE HUD FORM 52566 Travel, Publication, Membership Dues and Fees, Telephone and Telegraph, and Sundry: In addition to "Justification for Travel to Convection and Meetings" shown on form HUD-52571, give an explanation of substantial Requested Budget Year estimated increase over the PUM rate of expenditures for these accounts in the Current Budget Year. Explain basis for allocation of each element of these expenses. SEE HUD FORM 52571 Utilities: Give an explanation of substantial Requested Budget Year estimated increase over the PUM rate for each utility service in the Current Budget Year. Describe and state estimated cost of each element of "Other Utility Expense." Water 3,400 er Electricity 11,900 Gas 14,500 nent. Fuel Other Utilities 8,800 Garbage 5,400 TOTAL: Ordinary Maintenance &Operation-Materials: Give an explanation of substantial Requested Budget Year estimated increase over the PUM rate of expenditures for matters in the Current Budget Year. SUPPLIES & MATERIALS 9,000 TOTAL: Ordinary Maintenance 8Operation-Contract Costs: List each ordinary maintenance and operetion service contracted for and give the estimated cost for each. Cite and justify new contract services proposed for the Requested Budget Year. Explain substantial Requested Budget Year increases over the PUM rate of expenditure for Contract Services in the current Budget Year. H LHA has contract for maintenance of elevator cabs, give contrect cost per cab. ELEVATOR SERV 1,900 COMPUTER SERV 490 PEST CONTROL 680 SECURITY -LOCKUP 1,380 FIRE EXT & ALARM 1,500 SEWER CLEAN 700 BOILER MAINTENANCE 850 e MISC REPAIR CONTRACTS 2,500 • TOTAL: 6000 to cost form HUD-52573 (3/95) Page 3 of 4 ref Handbooks 7475.1 previous Editions are obsolete ,L Insurance: Give an explanation of substantial Requested Budget Year estimated increases in the PUM rate of expenditures for insurance over the Current Budget Year. Cite changes in coverage, premium rates, etc. • 7,500 PROPERTY 200 BOND 800 LIABILITY 6,000 W/C TOTAL 14,500 Employee Benefit Contributions: List all Employee Benefit plans participated in. Give justification for all plans to be instituted in the Requested Budget Year for which prior HUD concurrence has not been given EMPLOYEE BENEFITS 2,550 FICA 7,080 TOTAL: 9,630 Collection Losses: State the number of tenants accounts receivable to be written off and the number and total amount of all accounts receivable for both present and vacated tenants as of the month in which the estimate was computed • TOTAL: 0 Extraordinary Maintenance, Replacement of Equipment, and Betterments and Addttions: Cite prior HUD approval or give justification for each nonroutine work project inGuded in the Requested Budget and for those for future years which make up the estimate on form HUD-52570. Justifying information incorporated on or attached to formHUD-52567 need not be repeated here. SEE HUD FORM 52567 Contracts: List all contracts, other than those listed on page 3 of this form under Ordinary Maintenance & Operation (OMO). Cite the name of the contractor, type of contract, cost of contract and contract period. Justification must be provided for all contract services proposed for the requested Budget Year (RBY). Explain substantial RBY increases over the PUM rate of expenditure for these contracts on the Current Budget Year • form HUD-52573 (3/95) Page 4 of 4 ref Handbooks 7475.1 Previous Editions are obsolete 22 ~ ~ ~ ~o ~ ,c -1 ~ p ~ p 0. ~ a g ~ ~ ~ d 3 ~. . ~ °. ~ o- d w o ; ~. d o- - ~ = c •• ~- ~ cn Z ~, tG ~ ._. z -~ ~ ~ ~DZ ~ N ~ ~ ~vm ~ c ~ ~ d ~Zn n h ~ °~n ~ ~ N _ --s c D D D :0 -i ~ d ~ Zvi C'1 S d Ns N C S H p 3~ ~,~ d Q g. ~: ~ ~ ~ ~.~-° ~~ ~ z N ~ C ~ N ~ ~ ~ a H .+ N O ~~ ~ a Z A Qw ~ O ~ Q4 ~~ , C 7 ro 0~ N N N N j O "" N}ti O_.~ S ~ r jCS ~ ~ .T. y ..~ N ~ gg ~ C u ~i ~. CC N <A FS N O y .. H ~ ~ ~ N n y W ~^ oo ~o ~ m ~ ~ .~ ~ w -~ N V N p lNQD "`~ "` ..w. y O 0O 0°0 0 ~ m d m ~~ ~ ~aoo 23 m m ~ n • MOUND HRA RESOLUTION NO.00-00 A RESOLUTION ESTABLISHING THE TAX LEVY FOR THE MOUND HOUSING AND REDEVELOPMENT AUTHORITY FOR THE YEAR 2004 BE IT RESOLVED by the Housing and Redevelopment Authority of the City of Mound, as follows: Section 1: That there be and hereby is levied $ for the year 2004 on all taxable property, real and personal, situated within the corporate limits of the City of Mound and not exempted by the Constitution of the State of Minnesota, for the purposes of establishing an HRA Fund and conducting the operation of an HRA pursuant to the provisions of MS 469.001 through 469.068. Section 2: That the consent resolution by the City Council of the City of Mound to this special tax for the operation of the Housing and Redevelopment Authority is attached to this resolution and made a part of it. • Section 3: That said tax levy shall be certified to the County Auditor of Hennepin County on or before September 15, 2003. Passed by the Housing and Redevelopment Authority of the City of Mound this day of August, 2003. Chairperson Executive Director • 24 r1 ~J • C7 CITY OF MOUND HOUSING AND REDEVELOPMENT AUTHORITY RESOLUTION N0.02-10H A RESOLTUION ESTABLISHING THE TAX LEVY FOR THE MOUND HOUSING AND REDEVELOPMENT AUTHORITY FOR THE YEAR 2003 BE IT RESOLVED by the Housing and Redevelopment Authority of the City of Mound, as follows: Section 1: That there be and hereby is levied $83,000 for the year 2003 on all taxable property, real and personal, situated within the corporate limits of the City of Mound and not exempted by the Constitution of the State of Minnesota, for the purposes of establishing an HRA Fund and conducting the operation of an HRA pursuant to the provisions of MS 469.001 through 469.068. Section 2: That the consent resolution by the City Council of the City of Mound to this special tax for the operation of the Housing and Redevelopment Authority is attached to this resolution and made a part hereof. Section 3: That said tax levy shall be certified to the County Auditor of Hennepin County on or before September 15, 2003. Adopted by the Housing and Redevelopment Authority this 9~' day of September, 2002. ~~~G~~ Attest: Executive Director Kandis Hanson t Chair Pat eisel 25 ...b .. .. .. ~ .. both real and personal, within that taxing district shall be deemed to be benefited by projects to the extent of the special taxes levied under this subdivision. Subject to the consent by resolution of the governing body of the city in and for which it • was created, an authority may levy a tax upon all taxable property within that taxing district. The tax shall be extended, spread, and included with and as a part of the general taxes for state, county, and municipal purposes by the county auditor, to be collected and enforced therewith, together with the penalty, interest, and costs. As the tax, including any penalties, interest, and costs, is collected by the county treasurer it shall be accumulated and kept in a separate fund to be known as the "housing and redevelopment project fund." The money in the fund shall be turned over to the authority at the same time and in the same manner that the tax collections for the city are turned over to the city, and shall' be expended only for the purposes of sections 469.001 to 469.047. It shall be paid out upon vouchers signed by the chair of the authority or an authorized representative. The amount of the levy shall be an amount approved by the governing body of the city, but shall not exceed 0.0144 percent of taxable market value. The authority si'Fa~each year formulate and file a budget in accordance with the budget procedure of the city..in the same manner as required of executive departments of the city or, if no budgets are required to be filed, by August 1. The amount of the tax levy for the following year shall be based on that budget. Subd. 7. Inactive authorities; transfer of funds; dissolution. The authority may transfer to the city in and for which it was created all property, assets, cash or other funds held or used. by the authority which were derived from the ordinance of the governing body dissolving the authority. All property, records, assets, cash or other funds held or used by 26 special benefit tax for redevelopment levied pursuant to subdivision 6 prior to March 6, 1953, whenever collected. Upon any such transfer, an authority shall not thereafter levy the tax or exercise the redevelopment powers of sections 469.001 to 469.047. All cash or other funds transferred to the city shall be used exclusively for permanent improvements in the city or the retirement of debts or bonds incurred for permanent improvements in the city. An authority which transfers its property, assets, cash or other funds derived from the special benefit tax for redevelopment and which has not entered into a contract with the federal government with respect to any low rent public housing project prior to March 6, 1953, shall be dissolved as herein provided. After a public hearing after ten days published notice thereof in a newspaper of general circulation in the city, the governing body of a city in and for which an authority has been created may dissolve the authority if the authority has not entered into any contract with the federal government or any agency or instrumentality thereof for a loan or a grant with respect to any urban redevelopment or low rent public housing project. The resolution or ordinance dissolving the authority shall be published in the same manner in which ordinances are published in the city and the authority shall be dissolved when the resolution or ordinance becomes finally effective. The clerk of the governing body of the municipality shall furnish to the commissioner of trade and economic development a certified copy of the resolution or O ~~~~~ ~~ ~~~ ~~ 8 ~~/ ~~~~ a ~~ ~~~~ ~'~~ H W O J O~ h H t0 S 0~ N 00 cp c0 N N N t0 Q H M ri N X M J Q J tLl cp S O~ T S S 1!1 ~ N N aN F- U H S .D H C O ~ ' QF-F S S o a a .o .y co ~ - .c Z •• S ui N tp N N Z X W . W a c~ W Q C d W J ~ t~ S S 1f1 ~ W T N M N cp y Q N ~ M G X DH ~ O S M N S Q . ul ~ ^ H ~ ~ ' W D ' CFI•- S S m a r. ,~ m ,~ n ' ~ L u1 N t0 y W N N X W U' F O o Z Z O O H W CD CO • } L lL W ~D ~D ' H ~ u1 u1 J O S S d 7 N as M.. ~ ~• - 0~ S rl N M ~ ' S F o u1 H M t0 - o~ W H h O~ t~ n .r ~ t- v ~ y ¢ ~D o f. 0 1~ M } d ~O O O M ,,.~ y U u1 ri ~D N ~ O ~ ^ W X H 6 F- H Q - ;E W S J W O ,m ~ J O O o O~ ~O O u. Q J Q O O O O O O Z h- Q ~ - N o~ r1 O o ~ N H ~ ~ ~ ~ ~ e W F- O c0 0 o t0 I~ d W } Y ~ N N ~ F - ~ t l~ o C Y ~ ~ ~ •. w z a o in a ro o~ d ¢ E M u1 ,..~ o ~ L n ~ W W 6. J rom ~ a zn.x ~ o o ~ ¢ z o 0 O F ' W o 0 , U Z . N Z = ~ u1 t t1 H V M M - W ~ Z Z W ' S ' y o 0 0 o o, ~ o ~ o 0 0 0 0 0 Z O O~ Cp ~ O N H •. -G ei T M T M f~ J u1 u1 ri f~ r•1 ri H O N H M H T ~ ~ W - t0 M h S N .i S H c0 ' S S o O o o O o O O O O O O O N O M u1 O O Z ~ o r.' .n o ui eo J CO N o M S O~ ~ ~ ~ rr .t r N r-1 f~ S. ul rl O N ' - M M aw O .~ J CY JyN ^~ aF ~~ _ ~} Z i ~ M CF- J J Q2 0 3 y Q q H S J Q \ yO V'- F- D'~LX 4J ' ~OS O IYp F-U {-~ U OJ \ F-S J ~ JP]JX F-S J h $y J' J Q4]C Q~ J N ~O C J 2 Q~ W Z 0 W U U d - . 1 O. h- y0 2H F-H W 7d~-- LX . ~ 2 ~ ~-- Q ~ W U y ~ DfA ~ ~ HQ C= O D U = ~ C H S S ~~ w U Z H =U OU ypO~Jy QQ 2Y H ~ O ~ U M V v v ~ 6 O ~ C S L S • 2 ~ / r 1 L_J Kennedy Graven CHARTERED 470 Pillsbury Center 200 South Sixth Street Minneapolis MN 55402 (612) 337-9300 telephone (612) 337-9310 fax http://www. kennedy-graven.com 8/22/03 MEMORANDUM TO: ~ HRA Commissioners and Council Members FROM: John Dean • SUBJECT: Status Report on Mound Harbor Renaissance Development Status of Preliminary A>?reement. On June 24, 2003 the HRA and City Council approved the extension of the term of the preliminary agreement with Mound Harbor Renaissance Development, LLC to November 5, 2003. The extension is subject to certain interim steps which are outlined in the Second Amendment to Agreement. Among the required interim steps is the following: a. Not later than August 26, 2003 the Developer and the HRA will have compiled a list of pote~:tial options for consideration to determine if there is sufficient ftmdirtg from all available sources to make the development economically feasible. Inclusion of an option on the list does not obligate any party to accept such option. It is also understood that the list is only conceptual until the actual amount of the gap can be determined. Such a determination will depend on a number of factors, including without limitation, the Redeveloper's agreement with the hotel developer. Attached to this memorandum is a list of potential options that might be available for use to close any gap in the financing of the development. The list was initially prepared by MHR, and has been reviewed and refined following discussions with your staff including Jim Prosser and Sid • hunan of Ehlers. "Gap" as used here means the portion of the total project costs which cannot be covered by the combination of developer funds and tax increment. JBD-236494v1 MU195-15 28 • HRA COMMISSIONERS AND CITY COUNCIL MEMBERS Page 2 We believe that the list is quite comprehensive, and covers all the possible options that the developer and staff, in their collective experience, could suggest. A number of additional items were given consideration, but were ultimately excluded from the list. It would be our recommendation that the HRA and the Council acknowledge that the requirement stated above has been satisfied. As you will note from the quoted portion of the agreement, acceptance of the list does not obligate you to ultimately agree to select and use any of them. We would also recommend that the HRA and Council set a study session at which you can be provided with more detailed information regarding the various listed options- We could also describe t he p ossible s trategies t hat w ere e xcluded f rom t he 1 ist. T he s tudy s ession w ould a lso provide the HRA and Council with an opportunity to express their views on the suitability of any of the proposed options. At such a meeting we would also present the Council and the HRA with detailed information concerning the anticipated extent of the gap. Report by Hotel Developer. Rick Bloomquist is expected to be in attendance at the August 26 HRA meeting to give a • report on the status of discussions on the hotel portion of the development. U JBG-236494v1 MU.95-15 z9 • Strategies and Options to Meet MHR Funding Gap • • Ci Fee Reductions/Elimination • Ci Reduces or Waives Sewer Trunk Area Char e (STAG) • Ci Reduces or Waives Water Trunk Area Char e WTAC • Park Dedication Fee -off-set b some land contribution and streetsca e • TIF Admin Fee from S% to 2.5% Ci Contributions -Financial and In-Kind • Ci Land Contribution • City Assists in Financing by Issuing 2,000,000 G.O. Debt on a parity basis [every $1,000,000 in Tax Exem t G.O. saves $ 250,000 (6.75% to 4.25%) • Additional Dred in under Cit Permit • Othe Cit Fundin Sources -- Utilit funds, General fund, etc. Ci Partici ation in Public Im rovement Costs • Ci rovides Lan don Lake arkin deck • Consider Reductions in the Extent of Streetsca a Desi • Assessments Levied a ainst Commercial Pro ert for Im rovements • Utilit RelocationBu 'n Costs Ci &Develo er -Items to Ensure Shared Success • Grants (State, Metro olitan Council, Count ) • Environmental Remediation • Ci limits develo er's risk -Develo er Lowers Contin enc from 15% to 10% • Ad'ust Timin and Se uence of Phases (Lost Lake & South 110 need to o first) • Substitution of roduct t es e. .Commercial to Residential JBD-236494v1 MU195-15 30 Mound Harbor Renaissance (MHR) • August 7, 2003 -Update 1. Agreement between I3loomquist and MHR: Consistent with our agreement our primary focus has been working on an agreement with the Bloomquists. A. Met with Rick and Susan at their home on July 10, 2003 meeting was at their home due to Rick's continuing recovery from major surgery in early May). • Provided them with a copy of the site plan for their consultant and a copy of the draft agreement for their attorney and copies of our market studies for the entire project. • Updated them on the project and the various staff and HRA meetings since Rick's absence. • Agreed to a process wherein tl~e technical requirements and selected site details for the hotel area would be agreed to (primarily square feet in the district), fa~lowed by the execution of the development agreement. • Rick and Susan agreed to commence a market study to complete as soon as practicable. B. A"`follow-up meeting was held on 7/16/03 to discuss progress. John Seibert, JCS Development, their consultant, joined the meeting. • Market study was estimated to be complete in (>-8 weeks. • Bloomquists agreed to provide a critical path and a copy of their original stand alone • proposal to the City • Meeting setup between Truman Rowell, their architect, and Carolyn Krall from Landfonn, the site design planner, to discuss site requirements. C. Carolyn and Truman met on July 23, 2003 and discussed the current site assumptions. ' Truman was to respond with their site plan requirements and reactions to current assumptions. D. Met with Rick, Susan and John on July 25, 2003. • Estimated completion dale for the market study was repa~ted as 9/12/03 (study being completed by Business Plans Assoc.). • John presented sketches of their site plan requirements developed by their architect after his meeting with Carolyn. "I'he details of their proposed layout;were discussed including traffic flow, parking, and upper floor layouts. • Discussed estimated land cost in general, implications of "TIF, and agreed to provide more detail at the next meeting. E. Carolyn and 'Truman have had ftu-ther conununication about the proposed site plan, how it impacts the overall site plan and how it may be adjusted. F. Next meeting scheduled for g/7/03 - nbjectivcs: • To provide estimated cost data to Rick and Susan for the land, development and "1'IF. • Comment on their proposed site plan. • 2. Sources anct Uses We met with Sid lm»an and Jim Prosser to go over the details of our Sources and Uses Statement. They requested another complete copy with the TIF analysis which we have 31 recently provided to them. We intend to present for their review during the week of August • 11~' possible strategies for bridging the financial gap. It is agreed by everyone that until an agreement is reached with Bloomquists, it is impossible to determine the amount of shortfall. Corisequently it is impossible to finalize any funding strategies until this same agreement is reached. 3. .Grants a. Applied for a Metro Environment Partnership Grant for supplementing the cost of using innovative storm water techniques b. Met with the Metropolitan Council and Department of Trade and Economic Development about grants for contamination clean-up activities and the Tax Base Revitalization Account Grants. 0 32 Page 1 of 1 • Kandis M Hanson From: "Sarah Smith" <SarahSmith@cityofmound.com> . To: "Kandis Hanson" <KandisHanson@cityofmound.com> Sent: Monday, August 18, 2003 7:59 AM Subject: Re: Housing Score -Mound (2003) The MC Housing Score is based on a 100 scale which are awarded by MC Staff following review of an annual survey to cities which participated in the MC Affordable Housing Goals. Only cities which participate in the program are eligible to receive grant dollars (ie. Development /Opportunity Grants which were recently applied for by MHR). For the past few years, Mound's score has been in the 33-34 point range. Sarah Smith Community Development Director City of Mound 5341 Maywood Road Mound, MN 55364 952-472-3190 -work 952-472-0620 -fax • • ----- Original Message ----- From: Kandis Hanson To: Sarah Smith Sent: Friday, August 15, 2003 4:44 PM Subject: Re: Housing Score -Mound (2003) Please explain this to me. Kandis ---- Original Message ----- From: Sarah Smith To: Kandis M_Hanson ;Gino Businaro ;Loren ;Bruce Cc: Paul Robinson Sent: Thursday, August 14, 2003 4:08 PM Subject: Housing Score -Mound (2003) 2003 preliminary housing score from Met. Council increased from 33 to 63 (out of 100) for Mound per formal notification received today. ' Sarah Smith Community Development Director City of Mound 5341 Maywood Road Mound, MN 55364 952-472-3190 -work 952-472-0620-fax 33 8/19/03