The URL can be used to link to this page

Home My WebLink About03/26/2013AGENDA March 26, 2013 4:00 P.M. Individuals with disabilities are encouraged to participate in all public meetings sponsored by the City of Wheal Ridge. Call Heather Geyer, Public Information Officer at 303-235-2826 at least one week- in advance of `a meeting if you are interested in participating and need inclusion assistance. RIIIIIIIIIIII � III 1 0 1 # B. Roll Call C. Approval of the Minutes: February 26,2013 D. Officers Reports E. Public Forum 1. Audit Exemption 2. Revised 2013 Budget 1. Election of Vice Chair 2. Update on Single Family Homes Rehab and Sales 3. Fruitdale School Discussion 1. Adjournment Minutes of Meeting February 26, 2013 0 La The meeting was called to order at 4:05 Chambers of the Municipal Building, 7.� Authority Members am= the City Council feat Ridge, Colorado. S al,,'ayne, Deputy Director Betty b in, Cornerstone Realty 'son, Cornerstone Realty W ehrdt, JCHA Dick Matthews, CPA Wendy Swanhorst, Swanhorst & Company, LLC Kim Waggoner, Recording Secretary C. APPROV k MIN S January 22, 2013 It was moved b ry Urban and seconded by Janice Thompson to approve the minutes of Janua 22, 2.013 with the following correction. Strike the dollar amount for the bid proposal on page 3. Motion passed 4-0. There were no officers reports. Housing Authority Minutes February 26, 2013 No members of the public wished to address the Commission at this time. 12 agenda to add presentation of the audit exemption by Wendy Swanhorst and removal of the tour at 3450 Upham St. Motion passed 4-0. MOSIN= a) A Resolution Amending the 2012 Budget by Appropriation for the Year 2013. Dick Matthews stated the Yarrow St. ptopi three houses remaining on the project ba'la:, with the 201 CDGB Block Grant. It agre Brungardt asked if a premium is paid tbr ii Mr. Matthews stated that sp1q ,,,,,1,,e time ago 6 insurance premium but faf*M e now charged the Housing Autlic"' insurance policy. and Enacting A Budget and Mr. Urban the city r t burs tit r Mr. Matthews stated this was for staff time. Ms . t he state OP1,114s, staff included in t ere was 1*,,v,. "1 3 sf . . . .. .. ... d Kim Waigpner apply to the city reimburseme'n"t-1111, Now Sally Pa ............. reimbursement � . . . ... ... . . , Th by Jan t"It", omps" 1W1 V W" ed by Zachary Urban to amend the 2"012 3 V stateme t an d e e ng a budget and appropriation for the year RN NMI . budge Motion ........ ... . . b) 'Audi( ein tion Pr tation Mr. MAN rein the board of the obligation of filing personal taxes and that the Housing required to submit an audit and sometimes an audit exemption. "using Authority is required to submit the audit to the state. Wendy Swanhorst stated the State Auditor sets the rules for audits for local goveniments. You can apply for the exemption if you have less than $500,000 in revenues or expenses. The property sold on 02/06113 could affect the numbers of the budget and the audit. A majority of the Board will need to sign the audit application. It's due to the state March 31. Housing Authority Minutes February 26, 2013 Ms. Swanhorst and Mr. Matthews will review the audit application and 2013 budget and make any required revisions for the board to review and sign at the next meeting scheduled on March 26. Larry Nelson provided the update for the home sales. Mr. Nelson stated there were multiple offers for 3450 Upham Street. It will close on March 8th. mpliant. It's a large house on ) the Housing Authority, Colorado Housing and e without a disability could tarket it through Hero 4330 Upham is the last regular house. The contrac"i ... . ... . .. . gn ed the ld for 4t,.ham St. There was a wide disparity in the price of the prop d pq k ph l g cy st . Thy petmit cost was reassessed. The contractor "IR d people who are currently living Urban ag 10` way toi �- a by isab Wheat laid ge"" jnter6§ in purchasing a home. Mr. Nelson stated a sign won't V o n the ll ; s ince ff" be marketed specifically to the disabled population. I I W p 3. Fruitdat "'Nihool U4 Housing Authority Minutes February 26, 2013 Ms. Thompson asked if the Housing Authority can legally lease the building. Access could be an issue since they would have to go through the original building or through the kitchen. In addition, there may not be enough space for parking on site to meet their needs. In regards to the State Historic Fund Grant, Ms. Payne said we have received the signed contract from the state and we can begin working on the construction documents with SlatterPaull. The documents are scheduled to be completed in November. The next application cycle is 04/0 We could a 1 g construction funds up to $200,000. The construction grant is a 25% ca i Other grant funds or donations can be utilized for the 25%. Gen op ' documents are completed before applying for the grant 11� j r,, state vas open to us app ying on "Mill" 4 111 1 1 #t the upcoming cycle. ' Q The construction documents to be I under the current` t will focus on the most critical items to preserve the buila'6111"`J'�' O RN The &,, is a matching we currei M grant. The Housing will need t W03","I,000. 5 A Does the board want to move - forward with the' construction funding grant application? We could review the preservati n p structure assessment document and pick out some of criti a l `ite n. The next chance for ........................... application is 10l6f Mr. DeMottstated our legal obligatf6i, is to purchase property for housing projects. We bought the , 'building ,to-save it from' destruction. As a board, our discussion should ousb1gY'1P1`9Ject.',, Grant money should be used for buddi will ii Wcr, plumbing, sewer and water. p reviously ruled out apartments or condos due to the costs. ed to sec i mu6b, ney we can afford to put into it and get a return on the 11 tMAInt, tt .... . . ... . & V Al Ms. Payi�' ted we c spent a total of about $250,000 to date on the building. Mr. Urban st ave an opportunity to apply for additional grant funds we should. We could dec line the award if we were selected as the recipient. Ms. Payne stated she will be in contact with the State Historic Fund staff this month regarding possibly submitting an application. A decision can be made at the March meeting. The board made the consensus to move forward with the construction grant application process if feasible. Housing Authority Minutes February 26, 2013 [R [I Ms. Payne indicated this was Ms. Brungardt's last Housing Authority meeting. Her teen will be up the first of March. The Mayor appointed Jennifer Walters to the Board. Ms. Brungardt can't be thanked her enough for the last 12 years she has been with the Board with her tireless energy, time and effort. Ms. Brungardt thanked everyone for letting her be a part of the Board. She asked the Board to please honor the confidentiality of the buyers and renters of the Jefferson County Housing Authority properties. U70A z M= Next meeting will be March &MM8MZE= Housing Authority Minutes February 26, 2013 1! 1 11, 1 1 1 1: 11111 11111111 11 VIT''Iff"I'l M11 U 11 r • 0 1 0 - 1 4 Proposed Budget 731,400 Unaudited Proposed 2011 Projected 2012 2013 Actual 2012 Budget Budget Cost of Goods Sold Beginning Cost of Units 555 - Purchase of Units Summary Rehabation Costs Ending Cost of Units Total COGS M3! t� Other Income/Expense Other Income 564 - CDBG Grant Other (Expense) 910 - Interest Expense Total Other Expense Beginning Fund Balance Ending Fund Balance 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 4 7, 73 1 - 75 - 772,555 701,500 0 1,340,017 1,361,173 869,582 1,146,640 0 229,606 369,195 250,000 100,000 -1,340,017 -869,582 -823,673 -225,000 36,229 839,630 787,500 744,582 11,502 -83,447 -15,500 -43,082 950 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 -184,305 -119,090 -136,993 900,000 0 0 0 0 0 0 0 0 0 0 0 900,000 0 0 0 896,111 484,305 -119,090 436,993 1,027,869 1,913,980 1,913,980 1,729,675 1,913,980 1,729,675 1,794,890 1,592,682 2013 architects+builders C 3 rc> LA P Wheat Ridge Housing Authority 7500 West 29th Avenue Wheat Ridge, CO 80033 M M-1 Thank you for the opportunity to be a part of this exciting project. The revitalization of Wheat Ridge is important to our company and we're honored to be a part of this mission. The Fruitdale Lofts proposed project is considered a "turn-key" project. In other words, after all the renovations and work proposed is completed, these new homes will be ready for immediate occupancy I This will give you a synopsis of some of the items included in the budget based on the Phase One Drawings for the proposed Fruitdale Lofts. I Our proposal prices include, all demolition work, a complete fire sprinkler system along with ongoing monitoring of the system, a new exterior fire hydrant, new asphalt and concrete required permits and permit fees and water and tap fees A new roof will be added along with a new addition of 12 single car garages. Entasis rOUP, LLC 4952 Ward Road Wheat Ridge, CO 80033 Phone. 303,4207242 Fax 303,420,7436 wwwEntasisGroup,com 4/7,12008 architects+ builders ig r - CDO LA P We will also coordinate and supervise all the new wafer and sewer installations as well as all the Structural and Civil Engineering required for a project this size. Each unit will have individual meters for water, gas and electric as well as individual, state of the art, Rinnai Tankless wafer heaters and forced air furnaces. We carry General Liability Insurance • well • Workers Compensation Insurance and require all our sub-contractors to do the same. All the sub- contractors we employ are required to sign our contract and follow safety rules outlined in the contract. Entasis Group, LLC 4952 Ward Road Wheat Ridge, CO 80033 Phone: 303420,7242 Fax. 303.420.7436 www EntasisGroup,corn 41712008