2008-07-22i
PLEASE TURN OFF CELL PHONES & PAGERS IN COUNCIL CHAMBERS.
~,1~
AGENDA
MO;L~ND~HOUSING &=~.REDEYELOPMENT AUTHORITY
-f ,
REG~Y, _ i+ =.MEETING
TU'~ ~ _ ,
SDA;`Yz JULY 22;2008 7:2S~P.M.
M~~[7ND ~~ GYIN~I~L CHAMBERS
Page
1. Open meeting
2. Action approving agenda, with any amendments
3. Action approving minutes: June 24, 2008 -Regular Meeting 1
4. Indian Knoll Manor Manager's Monthly Report
2-10
5 . Adjourn
,--.
MOUND HOUSING AND REDEVELOPMENT AUTHORITY
JUNE 24, 2008
The Housing and Redevelopment Authority in and for the City of Mound, Minnesota, met
in regular session on Tuesday, June 24, 2008, at 7:25 p.m. in the council chambers of
city hall.
Members present: Chair Mark Hanus; Commissioners David Osmek, Mike Specht, John
Beise and Greg Skinner.
Others present: City Attorney John Dean, City Manager Kandis Hanson, City Clerk
Bonnie Ritter, Cindy Reiter, Amanda Schwarze, Kevin Wells
1. Open meeting
Chair Hanus called the meeting to order at 7:25 p.m.
2. Approve agenda
MOTION by Osmek, seconded by Specht to approve the agenda. All voted in favor.
Motion carried.
3. Approve minutes
MOTION by Osmek, seconded by Specht to approve the minutes of May 27, 2008. All
voted in favor. Motion carried.
4. Indian Knoll Manor Manager's Monthly Report
~'"~'` Cindy Reiter presented the monthly report as follows:
A. May bank statement
B. May income statement
C. Review of bills paid: MOTION by Osmek, seconded by Specht to approve
payment of the bills for May 2008. All voted in favor. Motion carried.
D. Manager's report: There is presently one vacancy.
5. Adiourn
MOTION by Osmek, seconded by Specht to adjourn at 7:28 p.m. All voted in favor.
Motion carried.
Chair Mark Hanus
Attest: Bonnie Ritter, City Clerk
-1-
MOUND HRA
INDIAN KNOLL APARTMENTS
PROPERTY MANAGERS MONTHLY REPORT
July 22, 2008
Manager's Agenda
• June Bank Statement
• June Income Statement
• Review of bills paid
• Managers Report
-2-
i
Page 1 of 3
WELLS FARGO BANK, N.A.
;~-, RIDGEDALE OF'F/CF. Accaunf Number.•
POST OFFICE 80X B 514 Stafemenf Period:
' MINNEAPOLIS, MN 55479
Image. Count:
~I~I~~i~l~~~II~~II~~~I~~I~~~II~11~~~~1~11~~~1~1~~1~~~11.11..
HOUSING & REDEVELOPMENT AUTHORITY
SPECIAL ACCOUNT
CITY OF MOUND
FINANCE DIRC'CTOR
5341 MAYWOOD RD
MOUND MN 55364-1627
1100 (C0300)
000-0033530
Jun 1, 2008-
Jun 30, 2008
32
If you have any questions about this statement or your accounts, call: 800-225-5935 (1-800-CALL-WELLS).
Your Accounts at a. Glance
Account Be tinning Deposits/ UVifhdrawalsl
Type ~81anCP. redifs. Debits
Basic Business Checking wifh Interest 34,424.38 22,380.25 - 19,709.68
000-0033530
Mews from We!!s Fargo
do Business Checking with Interest Q00-0033531?
Housing & Redevelvpmenf Authority
Special Account
May 31 Beginning Balance
Jun 30 Ending Balance
Deposits and Credits -----------------------------------------------------------------__--------
Posted .
Date Transaction Detail
Jun 03 Deposit
Jun 03 Deposit
Jun 09 Depgsrt
Jun 09 Deposit
Jun 11 Deposit
Jun ?6 Bank B Mai! Deposit
,.._. Jun 17 Deposit
Jun 18 Oeposrf
Jun 26 Hud Treas 303 Misc Pay 062608 410962421860103
RMT`VV"099223748""""`*"`hud Operating Fund MN0740
Jun 30 Interest Payment
Checks Paid --------------------------------------------_____.
Check # Dafe Amount
2981 + Jun 03 78.05.
2982 Jun 03 1,101.61
2983 Jun 03 282.86
2984 Jun 02
,_.. 209.81
,
,
2986 '+ Jun 04 117.48
'Gap in Check Sequence
+ Item converted fo subsf~tute check
Continued on next page
Ending
Balance
37,094.95
34,424.38
37,094.95
Amounf
4,179.10
959.00
1, 608.10
666.00
716.00
2,827.00
198.00
1,225.69
10,000.00
1.36
Check # Date Amounf
2987 Jun 04 TM - ~~'_~___ 79.95
2988 Jun 02 66.66
2989 .Jun 03 24.50
2990 Jun 02 3.95.
2993 "~~- Jun 16 850.00
-3-
Page 2 of 3 ~
1101
Housing & Redevelopment Authority Account Number: 000-0033530
Special Account Statement End Date: 06/30/08
Checks Pafd --------------------------------------- --------------------- -------------------------
-
----------------------------
---------------------
Gheck # Date Amount Check # Date Amount
~~ 2994 ~- Jun 17 47.92 3005r---- Jun 12----~~~ -Ww_____ 75.00
2995 Jun 96 528.75 3005 + Jun 24 2,144.93
2996 Jun 12 103.00 3007 Jun 19 81.77
2997 Jun 12 1,837.00 3008 + Jun 19 61.22
2998 Jun 17 120.51 3009 Jun 19 49.00
2999 Jun 16 16.46 3010 + Jun 19 288.19
3000 Jun 12 251.07 3091 + Jun '!8 53.36
3001 Jun 12 125.84 3012 + Jun 17 3,813.51
3002 Jun 12 425.54 3014 Jun 24 1,381..13
3003 Jun 12 6.50 3017 Jun 30 209.81
3004 Jun 13 1,519.69 3018 + Jun 30 3,755.41
Gap in Check Sequence
+ Item converfed to substitute check
Daily Balance Summary ----------------------- --------------------- --------------------------- --------------------------- ---------------------
Dafe Balance Dafe Balance
_..._~~___.____
May 31 __..r
34,424.38 ________~-
Jun 16 ----_.._M~_..____..--- ---____..~~______
37,675.86
Jun OZ 34,143.96 Jun 97 33,891.92
Jun 03 37,795.04 Jun 18 35,064.25
Jun 04 37,597.61 Jun 19 34,584.07
Jun 09 39,871.71 Jun 24 31,058.81
Jun 11 40,587.71 Jun 26 41,058.81
Jun 12 37, 763.76 Jun 30 37,094.95
Jun 13 36,244.07
Average Collected Balance $ 36,934.01
Interest Summary __---------------------------- -------------------- ------------------------- ---------------------------- ------------------
Annual Percentage Yield Earned This Period 0.04%
Interest Earned During This Period 1.36
Year to Date Interest and Bonuses Paid - ` 13.14
nor Your Interest
too busy running your business to think about retirement? A Wells Fargo Investments professional can help you
plan for your retirement, manage your personal investments, or even create a business succession plan. Call
I-866-243-0931 or visit your local Wells Fargo store today.
nvestment Products; -Not FDIC Insured -No Bank Guarantee -May Lose Value
nvestment products available through Wells Fargo Investments, LLC (member S/PC), a non-bank affiliate of
Neils Fargo & Company.
'hank you for banking with Wells Fargo.
-4-
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-5-
Mound MN Housing Authority
2020 Commerce Blvd
Mound, MN 55364-1577
As Of
June 30, 2008
Budget Progress /PUM Report
ACTUAL BUDGET
Amount PUM Amount PUM
income
311000 - Dwelling Rental
312000 - Excess Utilities
Total Rental Income
(99,20$.74) (229.65) (132,440.00) (229.93}
(41.55) (0.10) (760.00} (1.32)
(99,250.29) (229.75) (133,200.00) (231.25)
361000 - Investment Interest/General Funds
369000 - Other Income
802000 - Operating Subsidy
Total Other Operating Receipts
Total Receipts
Expenses
(26.41) (0.06) (50.00) (0.09)
(3,247.37) (7.52) (4,000.00) (6.94)
(69,489.86} {160.86) (90,647.00) (157.37)
(72,763.64) (168.43) (94,697.00) (164.40)
(172,013.93) (398.18) _ (227,897.00) (395.65
411000 -Westport Payroll & Benefits 2,278.55 5.27 0.00 0.00
411045 -Employee Benefits Administrative 347.88 0.81 7,690.00 13.35
411200 -Manager Payroll 14,371.00 33.27 32,500.00 56.42
413000 - Legal Expense 0.00 0.00 1,000.00 1.74
414000 - Staff Training 202.00 0.47 500.00 0.87
415000 - Travel 47.59 0.11 400.00 0.69
417000 - Accounting Fees 2,232.36 5.17 2,500.00 4.34
417100 - Auditing Fees 5,000.00 11.57 7,500.00 13.02
419000 - Sundry-Administrative 5,948.62 13.77 26,750.00 46.44
419500 - Outside Management 8,500.00 19.68 10,200.00 17.71
Tota! Administrative Expense 38,928.00 90.11 89,040.00 154.58
422000 - Tenant Services 0.00 0.00 200.00 0.35
Total Tenant Services Expense 0.00 0.00 200.00 0.35
431000 - Water 2,031.29 4.70 3,200.00 5.56
432000 - Electricity 12,328.80 28.54 19,550.00 33.94
433000 - Gas 17,124.93 39.64 28,220.00 48.99
439000 - Other Utility Expense 9,744.83 22.56 13,910.00 24.15
439100 - Garbage Removal 2,532.07 5.86 5,400.00 9.38
Totai Utilities Expense 43,761.92 101.30 70,280.00 122.01
441000 - Maintenance Labor 15,946.86 36.91 34,000.00 59.03
441045 -Employee Benefits Maintenance 4,638.05 10.74 8,040.00 13.96
442000 - Materials 4,233.80 9.80 7,800.00 13.54
443000 - Contract Costs 19,433.61 44.99 16,210.00 28.14
Total Maintenance Expense 44,252.32 102.44 66,050.00 114.67
-6-
Mound MN Housing Authority
2020 Commerce Blvd
Mound, MN 55364-1577
As Of
June 30, 2008
Budget Progress /PUM Report
451000 - Insurance
452000 - Pmts In Lieu Of Taxes
457000 - Collection Loss
Total Genera! Expense
Total Routine Expense ~~
Total Nonroutine Expense
Total Expense -~
ACTUAL BUDGET
Amount PUM Amount PUM
7,628.88 17.66 12,200.00 21.18
2,774.42 6.42 3,146.00 5.46
(35.29) (0.08) 0.00 0.00
10,368.01 24.00 15,346.00 26.64
137,310.25 317.85 240,916.00 418.26
0.00 0.00 0.00 0.00
137,310.25 317.85 240,916.00 418.26
1- Z
_~
INDIAN KNOLL MANOR
2020 COMMERCE BLVD
MOUND, MN 55364
PAID INVOICES SORTED HY VENDOR
FROM June 1, 2008 THROUGH June 30, 2008
July 16, 2008
PAGE: 1
VENDOR VENDOR CHECK ACCTG CHECK M INVOICE INVOICE CUMULATIVE
NUMBER NAME DATE DATE NUMBER S NUMBER AMOUNT TOTAL
3 PROGRAMMED MANAGEMENT CORP 06-03-2008 JUN2008 2994 S 7031584 47.92
TOTAL PAID 47.92 47.92
----------------------------------------------------------------------------------------------------------------------------------
6 WESTPORT PROPERTIES INC 06-11-2008 JUN2008 3011 S may reoccur 53,36
6 WESTPORT PROPERTIES INC 06-03-2008 MAY2008 2993 S may mgmt fee 850.00
TOTAL PAID 903.36 951.28
----------------------------------------------------------------------------------------------------------------------------------
7 WESTPORT PROPERTIES PAYROLL 06-11-2008 JUN2008 3012 S 6/15 payroll 3813.51
7 WESTPORT PROPERTIES PAYROLL 06-25-2008 JUN2008 3018 S 6/30 payroll 3755.41
TOTAL PAID 7568.92 8520.20
20 XCEL ENERGY 06-04-2008 JUN2008 3004 S 062306 1519.69
TOTAL PAID 1519.69 10039.89
----------------------------------------------------------------------------------------------------------------------------------
34 HOME DEPOT CREDIT SERV-MOUND 06-04-2008 JUN2008 2999 S 75661889 16.46
TOTAL PAID 16.46 10056.35
------------------------- --------------------------------------------------------------------------------------------------------
36 STS FLOORING INC 06-04-2008 JUN2008 3005 S 54204 75.00
36 STS FLOORING INC 06-20-2008 JUN2008 3016 S 55128 639.52
TOTAL PAID 714.52 10770.87
----------------------------------------------------------------------------------------------------------------------------------
40 HOME DEPOT SUPPLY 06-04-2008 JUN2008 3000 S 43565993 149.27
40 HOME DEPOT SUPPLY 06-04-2008 JUN2008 3000 S 43837316 31.02
40 NOME DEPOT SUPPLY 06-04-2008 JUN2008 3000 S 43837417 30.79
40 HOME DEPOT SUPPLY 06-04-2008 JUN2008 3000 3 43835823A 39.99
TOTAL PAID 251.07 11021.94
----------------------------------------------------------------------------------------------------------------------------------
54 RENTAL RESEARCH SERVICES, INC.06-11-2008 JUNZ008 3009 S 053108 49.00
TOTAL PAID 49.00 11070.94
56 CenterPoint Energy 06-04-2006 JUN2008 2997 S 61708 430.00
56 CenterPoint Energy 06-04-2008 JUN2008 2997 S 061708 1407.00
TOTAL PAID 1837.00 12907.94
99 MINNESOTA ELEVATOR INC 06-20-2008 JUN2008 3017 S 140357 209.81
TOTAL PAID 209.81 13117.75
-~-
1
INDIAN KNOLL MANOR PAID INVOICES SORTED BY VENDOR
2020 COMMERCE BLVD FROM June 1, 2008 THROUGH June 30, 2008
MOUND, MN 55364 July 16, 2008
^ PAGE: 2
Vr,wDOR VENDOR CHECK ACCT(i CHECK M INVOICE INVOICE CUMULATIVE
NUMBER NAME DATE DATE NUMBER S NUMBER AMOUNT TOTAL
----------------------------------------------------------------------------------------------------------------------------------
100 FRONTIER 06-04-2008 JUN2006 2998 S 060308 120.51
TOTAL PAID 120.51 13238.26
----------------------------------------------------------------------------------------------------------------------------------
101 C NABER and ASSOCIATES 06-04-2008 JUN2008 2996 S 42961 103.00
TOTAL PAID 103.00 13341.26
----------------------------------------------------------------------------------------------------------------------------------
102 MOUND TRUfi VALUE HARDWARE 06-11-2008 JUN2008 3008 S 046762 1'7.87
102 MOUND TRUE VALUE HARDWARE 06-11-2008 JUN2008 3008 S 046965 29.36
102 MOUND TRUE VALUE HARDWARE 06-11-2008 JUN2008 3008 S 047375 13.99
TOTAL PAID 61.22 13402.46
----------------------------------------------------------------------------------------------------------------------------------
104 CITY OF MOUND 06-20-2008 JUN2008 3014 S 071508 1381.13
TOTAL PAID 1381.13 14783.61
----------------------------------------------------------------------------------------------------------------------------------
105 IKON OFFICE SOLUTIONS 06-11-2008 JUN2008 3007 S 5008356814 81.77
----
' TOTAL PAID 81.77 14865.38
125 IKON FINANCIAL SERVICE - LEASE06-04-2008 JUN2008 3003 S 76520080 6.50
TOTAL PAID 6.50 14871.88
202 Hoeft Appliance Center 06-04-2008 JUN2008 3002 S C97096 425.59
TOTAL PAID 425.54 15297.42
90005 HSBC BUSINESS SOLUTIONS 06-04-2008 JUN2008 3001 S 351711508067031 31.79
90005 HSBC BUSINESS 60LUTIONS 06-04-2008 JUN2008 3001 S 351712808048901 94.05
TOTAL PAID 125.84 15423.26
90010 WASTE TECHNOLOGY INC 06-11-2008 JUN2008. 3010 S 120651 288.19
TOTAL PAID 288.19 15711.45
-------------------------------------------------------------------------------------------------------------------------------
90012 JRS APPLIANCE DISPOSAL INC 06-20-2008 JUN2008 3015 S 61662 45.00
TOTAL PAID 45.00 15756.45
-g-
INDIAN KNOLL MANOR
2020 COMMERCE BLVD
MOUND, MN 55364
PAID INVOICES SORTED BY VENDOR
FROM June 1, 2008 THROUGH June 30, 2008
July 16, 2008
PAGE: 3
VENDOR VENDOR CHECK ACCTG CHECK M INVOICE INVOICE CUMULATIVE
NUMBER NAME DATE DATE NUMBER S NUMBER AMOUNT TOTAL
90045 Scotts Lawn Care Inc 06-04-2008 JUN20D8 3006 S 17-2 -1414.56
90045 Scotta Lawn Care Inc 06-04-2008 JUN2008 3006 S 050408 382.28
90045 Scotts Lawn Care Inc 06-04-2008 JUN2008 3006 S 050608 329.55
90045 Scotts Lawn Care Inc 06-04-2008 JUN2008 3006 S 050808 96.25
90045 Scotts Lawn Care Inc 06-04-2008 JUN2008 3006 S 060108 1718.33
90045 Scotts Lawn Care Inc 06-04-200$ JUN2008 3006 S 093007 306.23
90045 Scotts Lawn Care Inc 06-04-2008 JUN2008 3006 S 113007 322.23
90095 Scotts Lawn Care Inc 06-04-2008 JUN2008 3006 S 1771001 92.25
90045 Scotts Lawn Care Inc 06-04-2008 JUN2008 3006 S 10302007 311.57
------------
----------
-
---
-
---
-
- TOTAL PAID 2144.13 17900.58
--------
90052 -----
-
Bruce Nelaon Plumbing ---
-
------
06-04-2008 --------
JUN2008 ----------
2995 ---------
S -------------------
54267 ----------------------------
528.75
90052 Hruce Nelaon Plumbing 06-20-20D8 JUN2008 3013 S 54351 380.00
c n1(. k;..(,1,2 /~ G'\' J ~i'(,(.~C'(.(~~t, (~(~.1~ TOTAL PAID 908.75 18809.33
--------------------------------------------------------------------------------
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