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Home My WebLink About02/26/2013AGENDA Februar,y 26, 2013 4:00 P.M. Individuals with disabilities are encouraged to participate in ail public meetings sponsored by the City of `Wheat Ridge. Call Heather Geyer, Public Information Officer at 303-235-2826 at least one week in advance of tweeting you are interested in participating and need inclusion assistance. B. Roll Call C. Approval of the Minutes: January 22,2013 D. Officers Reports E. Public Forum MEREU= a. A Resolution Amending The 2012 Budget By Restatement and Enacting A Budget and Appropriation For The Year 2013 2. Update on single family home rehab and sales ammmms gt it 4. Tour 3450 Upham St. 1. Adjournment Minutes of Meeting January 22, 2013 W1 0 C I J"IF11#11WIRM0511TOO EMMERIN 1, Authority Members ) ' Chair Bruti' *dt in the City Council est 29 Avenue, 'Vheat Ridge, Colorado. zyne, Depifty Director laybin, Cornerstone Realty tolson, Cornerstone Realty 01 *Wt, JCHA agg Secretary ,�2ner, Recording [a [A member, Zachary Urban who was appointed by the Mayor. Ms. Brungardt welcomed ,V.r. Urban to the Co. Housing Authority Minutes - I - January 22, 2013 Farhad (Fred) Razdi, FBR Construction, 8501 E. Grand Ave., Denver, CO 80237 Mr. Razdi thanked the Authority for their time and expressed his appreciation for the opportunity to speak. FBR Construction has been in business for 15 years. The firni has done all kinds of work for rehab and Neighborhood Stabilization Prograin (NSP) programs in different cities. Mr. Razdi stated FBR bid on Wheat Ridge Housing Authority projects in recent months. He wanted to inquire as to why his firm was not chosen to do rehab work when they were the lowest bidder. Preparing bids takes a lot of his and his subcontractor's time. Mr. Razdi was told he was not chosen because the Authority was not familiar with his work. How c e i rity become familiar with his work when he is not hired? He stated the Au go to other cities to see the type of work he has done. Sally Payne explained that the funds b( dollars granted to the Authority from h the County guidelines on how the fund; Authority is not required to select the fi contractors that bid on the projects that appreciate it takes time to pr Iaare bid r I VIO H I V [4110 My 9 1 MbrV1%1r&r*1f&F----- =MEEM =11 ;ed to" rehab these properties are federal )fi County. Th 'Authority needs to follow pent and how contractors are chosen. The bidder. Ms. Payne explained there are many )t, selected." The Authofiiv understands and 0 )eing late. "', ated he understands Mr. Razdi's frustration , U,N " is, to rehab es quickly. The Authority is familiar have done work us before. The Authority does not , idler and it has nothing to do with personalities or the ority appreciates every contractor's time who bids on ,nerally does not know or meet the contractors that bid on the iis for decisions. Henry Wehrdt, the Construction Manager 11 the bid proposals that are received for review by the 1. Update on single family homes Larry Nelson stated 4530 Yarrow St. is under contract. It was on the market for four months. There were two offers last weekend. Closing is scheduled for February 6"'. Henry Wehrdt said the final inspection tasks will be complete by January 25 1h Housing Authority Minutes - 2 - January 22, 2013 Larry Nelson reported on 3450 Upham St. Final touch up work is being done by the contractor and a Certificate of Occupancy is needed from the Building Department and then it will be ready to go on the market. Mr. Wehrdt distributed the bid F T 7 zzzzz bedroom, one bath. A three quarter ►af WW&% " ii with the rehab on the other six hom I I u windows and toilets. G ID St., an go ,ryl Brungardt for Chair. Joe DeMott nominated lousing Authority is the most rewarding work he has . He stated he would love to be the chair. Janice dt if she would be vice chair for which she agreed. In 1 111�� It was moved by Joe DeMott and seconded by Janice Thompson to approve Resolution 1 resolution establishing a designated public place for posting meeting notices as required by the Colorado Open Meeting Law. Motion passed 5-0. Housing Authority Minutes - 3 - January 22, 2013 4. Fruitdale School Sally Payne stated we received the final Historic Structural Assessment (HSA) for Fruitdale School. The Assessment details the structural deficiencies found in the building and assigns costs and priorities to them. The first priority item will be to prepare construction documents to address the identified deficiencies. Ms. Payne stated that an application was submitted to the State Historic Fund for grant funds to hire a consultant to prepare the construction documents. The Authority was notified that the grant was awarded for a total amount of $44,000. The grant amount is $32,000. The Housing Authority will need to match $11,000 for the grant. Ms. Payne stated that she is working now to get under contract with'e'state. Once the contract is in place, we will move forward with hiring Slatcrp461 Architects (who prepared the Historic Structure Assessment) to complete the ',`e6ristruction documents. Ms. Payne then went over the HSA I into Critical, Serious and Minor Def recommends addressing the most cri further deterioration of the building. deficiencies identified in the HSA is MENINE M- 29MM to For the )re detail. The A ties. A phasing I deficiencies first cut is broken down included which help prevent any to address all has 6itn submitted to the National Park the National Register of Historic Places. i s creation hit. is that they feel confident the �",doof for historic tax credits and ity of"the other issues with the building which include lattiilv" he possibility of housing should be ice fi on of the Authority is housing not iaitn e'man other sources of grant funds should be also consider the possibility of fortning a 503-C in -, building. Janice Thompson stated the Authority P,v until we address the reverter clause. departed the meeting at 5:37 p.m. - Mere , was a iselssioll ne A monri — 7=7UMrs rehab work, Joe DeMott stated it can be difficult to judge the work of contractors depending on the original condition of the home. I There was no other business to come before the Authority. Housing Authority Minutes - 4 - January 22, 2013 It was moved by Joe 1 tt and seconded by Zachary Urban to adjourn the meeting at 5:44 p.m. Motion carried 4-0. Next meeting will be February 26, 2013. Cheryl Brungardt, Chair Housing Authority Minutes -5- January 22, 2013 Wheat Ridge Housing Authority 20 Proposed Budget Unaudited Proposed 2011 Projected 2012 2013 Actual 2012 Budget Bud2et Cost of Goods Sold Beginning Cost of Units Purchase of Units Summary Rehabilitation Costs 599 - Ending Cost of Units Total COGS Net Ordinary Income !t,ther Income/Expense Other Income $64 - CDBG Grant Other (Expense) 910 - Interest Expense Total Other Expense 0 731,400 750,000 700,000 44,028 22,587 20,000 0 3,703 1,846 2,000 1,500 0 0 0 0 0 350 0 0 4T - 756,183 772 701,500 0 1,340,017 1,361,173 895,748 1,146,640 0 229,606 369,195 250,000 100,000 -1,340,017 -895,748 -823,673 -225,000 36,229 813,464 787,500 770,748 11,502 -57,281 -15,500 -69,248 950 2,109 2,698 2,018 99 75 100 100 0 28,927 17,952 27,685 0 1,157 4,441 1,107 0 35,107 35,999 33,600 4,300 11,805 10,000 6,000 1,522 1,408 1,600 1,600 6,522 5,696 8,000 8,000 528 150 1,600 500 60 200 100 200 5,371 5,995 7,000 5,000 0 0 0 0 1,931 807 3,000 1,000 0 96 500 500 146 0 250 250 47 27 100 100 0 1,196 5,000 2,000 0 65 250 250 0 800 0 0 3,915 5,238 5,000 4,000 25,391 100,858 103,590 93,911 -13,889 -158,139 -119,090 -163,159 900,000 0 0 0 0 0 0 0 0 - 0 0 0 900,000 0 0 0 886,111 -158,139 -119,090 -163,159 1,027,869 1,913,980 1,913,980 1,755,841 1,913,980 1, 755, 841 1,794,890 1,592,682 RESOLUTION NO. 02 Series of 2I13 TITLE: A RESOLUTION AMENDING THE 2012 BUDGET BY RESTATEMENT AND ENACTING A BUDGET AND APPROPRIATION FOR THE YEAR 2013 ME= Section 1. The amended year 2012 budget by restatement and the year 2013 budget as shown on Exbibit I attached hereto are hereby approved. Section 2. Sources of revenue for the Authority are sales of units rehabilitated by the Authority, Community Development Block Grant funds, and interest earned. Section 3. Total expenditures of the Authority do not exceed available revenues and beginning fund balance. Section 4. A certified copy of this resolution shall be filed with the Division of Local Government. ADOPTED the - day of -2013. oil Chairperson 0#11 Secretary to the Authority