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HomeMy WebLinkAbout04/24/2007 MINUTES OF SPECIAL MEETING WHEAT RIDGE HOUSING AUTHORITY April 24, 2007 5:00 p.m. ORIGINAL A. CALL THE MEETING TO ORDER The meeting was called to order by Chair Brungardt at 5:00 p.m. B. ROLL CALL OF MEMBERS Authority members present: Cheryl Brungardt Kent Davis Kathy Nuanes Lena Rotola Janice Thompson Also attending: Alan White, Executive Director Henry Wehrdt, Construction Manager Larry Nelson, Cornerstone Realty Ann Lazzeri, Recording Secretary c. APPROVAL OF MINUTES: March 27,2007 It was moved by Kent Davis and seconded by Janice Thompson to approve the minutes of March 27, 2007 as presented. The motion passed 4-0 with Kathy Nuanes abstaining. D. OFFICER REPORTS There were no officer reports. E. PUBLIC FORUM There were no members of the public to address the Authority at this time. F. UNFINISHED BUSINESS . Larry Nelson reported that there has been a lot of interest in the Parfet property. Potential buyers have expressed concern about a water problem which has recently occurred. Once the water problem is corrected, he expects to receive offers. . Larry Nelson reported that there have been two more foreclosures on the Quail property. One has been sold by the lender for $80,000. The buyer is renting it to a tenant who he says is his sister. Rental to family members is allowed under the covenants. David Firman has suggested that the owner sign an affidavit declaring that the tenant is his sister. The second foreclosed unit was also sold for $80,000 and is owner-occupied. HOUSING AUTHORITY April 24, 2007 - I - . Larry Nelson reported that a foreclosure is also in process at Park Side. The buyer has never made a mortgage or homeowners association payment. The lender will soon be placing this unit on the market. The price has been dropped on the remaining two units. There has been good feedback on these units but no offers have yet been received. G. NEW BUSINESS 1. Review of Potential Renovation of the Richards-Hart Estate Duplex Henry Wehrdt received bids on residential renovation ofthe two apartment homes into town homes at the Richards-Hart Estate. The address is 2770-2760 Chase Street. The low bid is in an amount of $21,820. Renovation would include replacing existing windows with energy efficient windows; replacement of four entry doors and two shed doors; removal of existing siding, facia, gutters and downspouts and adding insulation; removal of existing roofing as needed and replaced with new 30-year shingles; and excavation of driveways with installation of two inches of asphalt Discussion points included: o The renovation would be a good example of what can be done for $22,000 and there could be education for homeowners on available resources to upgrade their properties. o The cosmetic renovation would improve the image of a city-owned property. o Upgrades are energy efficient. o From a security standpoint for the Richards Hart estate, it is to the city's advantage to have good renters in these units. o A small increase in rent for these units should be considered once the renovation is complete. Increase in rent should be offset by savings resulting from energy-efficient improvements. o A request should be made to City Council to share in the renovation costs. It was moved by Kent Davis and seconded by Janice Thompson that the Housing Authority accept the low bid of $21,820 to upgrade the duplex at the Richards Hart estate and make a request to City Council to share the cost 50-50 with the Housing Authority. The motion passed 5-0. Alan White will write a memo to the city manager on behalf of the Authority regarding the request to share renovation costs with City Council. HOUSING AUTHORITY April 24, 2007 - 2- 2. Discnssion about New Projects Larry Nelson reported that he has been unable to find any suitable properties for another Housing Authority project. He will continue to look. H. OTHER Alan White distributed copies of the final version ofthe Housing Authority audit. I. ADJOURNMENT It was moved by Kathy Nuanes and seconded by Kent Davis to adjourn the meeting at 5:42 p.m. The motion passed unanimously. The next meeting will be held on May 22, 2007. ~~l:C Cheryl B gardt, Ch d~~~ Ann Lazzeri, Secretary HOUSING AUTHORITY April 24, 2007 - 3-