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HomeMy WebLinkAbout07/23/2003 CITY OF WHEAT RIDGE HOUSING AUTHORITY Minutes of Meeting July 23, 2003 ORIGINAL A. CALL THE MEETING TO ORDER The meeting was called to order by Jerry DiTullio at 7:02 p.m. in the Lobby Conference Room of the Municipal Building, 7500 West 29th Avenue, Wheat Ridge, Colorado. B. ROLL CALL Authority Members Present: Cheryl Brungardt Jerry DiTullio Kathryn Fulton Authority Members Absent: Mary Jo Cavarra Kent Davis Others Present: Alan White, Planning Director Dick Matthews, Accountant Larry Nelson, Cornerstone Realty Betty Maybin, Cornerstone Realty Jim Bills, Vectra Bank Wendy Swanhorst, Auditor Lynn Brown, Habitat for Humanity Ann Lazzeri, Recording Secretary c. APPROVAL OF MINUTES The minutes of June 25, 2003 will be considered at the next Housing Authority meeting because there was only one member present who had attended the meeting. D. OFFICERS REPORTS There were no officers reports. E. PUBLIC FORUM There were none present to address the Authority. F. UNFINISHED BUSINESS There was no unfinished business to come before the Authority. G. NEW BUSINESS 1. Presentation and acceotance of audit It was moved by Kathryn Fulton and seconded by Cheryl Brungardt to accept the audit as presented. The motion passed 3-0. Housing Authority July 23, 2003 Page 1 2. Habitat for Humanity Presentation Lynn Brown from Habitat for Humanity presented information regarding the formation and function of Habitat for Humanity. In this program, homeowner candidates and volunteers work together to build simpie, decent affordable housing. Mortgage payments are reinvested into the program to fund future construction. Classes are held for homeowners for education in the areas of maintenance, landscaping, etc. Habitat likes to spend no more than $30,000 for land to build a single home. Under the right Circumstances, they would purchase run-down property, remove the structures and build new houses. Lynn stated she would check into the possibility of Wheat Ridge Housing Authority homeowners attending the classes conducted by Habitat. She will report back to Alan White with the information. Habitat for Humanity has just completed an IS-unit townhouse project in the city of Lakewood and would be interested in partnering with the Wheat Ridge Housing Authority on affordable housing projects. 3. UDdate on Carnation Square Proiect Larry Nelson presented an update on the project and reviewed construction cost and bid information prepared by Hemy Wehrdt from Jeffco Housing Authority. These reports were provided to Authority members. The preliminary development budget would allow eight units to be sold at $126,000 and two units at $121,000. Five garages would be available at an additional cost of$6,500. All units will have storage units included in the sale price. There was a consensus to authorize Cornerstone Realty to use these prices for marketing purposes. H. OTHER Cancel AUl!:ust Meetinl!: It was moved by Cheryl Brungardt and seconded by Kathryn Fulton to cancel the August Housing Authority meeting unless an emergency meeting is required. The motion passed 3-0. I. ADJOURNMENT The meeting was adjourned at 7:50 p.m. {2~~~ Ann Lazzeri, Secre y Housing Authority July 23, 2003 Page 2