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HomeMy WebLinkAbout03/01/16-'J� NVRIIA Wheat Ridge Housing Authority Minutes of Meeting March 1, 2016 A. CALL THE MEETING TO ORDER The meeting was called to order at 5:04 p.m. by Chair Thomson in the Second Floor Conference Room of the Municipal Building, 7500 West 29 Avenue, Wheat Ridge, Colorado. B. ROLL CALL OF MEMBERS Authority Members Present: Authority Members Absent: Also Present: C. APPROVAL OF MINUTES: 1. January 26, 2016 Thomas Abbott Chad Harr Janice Thompson Jennifer Walter Tim Fitzgerald Lauren Mikulak, Senior Planner Tammy Odean, Recording Secretary It was moved by Ms. Walter and seconded by Mr. Harr to approve the minutes of January 26, 2016 as written Motion approved 4-0. D. OFFICERS REPORTS There were no officers reports. E. PUBLIC FORUM There was nobody present from the public to speak. Housing Authority Minutes March 1, 2016 F. NEW BUSINESS 1. Audit Exemption Ms. Mikulak explained that every year public agencies and cities have to submit an audit to the state or an exemption if they haven't exceeded $750,000 either in income or expenses. This year the Housing Authority will apply for an exemption because the threshold was raised and the income or expenses did not exceed $750,000. The signatures of the members on the Governing Body Approval form attest that the financial statements in the exemption application are prepared by a qualified third ply. The present members signed the Governing Body Approval. G. OLD BUSINESS 1. Fruitdale School — PSA Amendment Ms. Mikulak gave a brief reminder of the Housing Authority's (HA) approval of a motion authorizing staff to negotiate and execute a purchase contract with Hartman Ely Investment (HEI). This Purchase and Sale Agreement (PSA) was executed and recorded on November 6, 2015, but three amendments are now needed. Within contract there were series of commitments on the HA's behalf, one of which was getting rid of the deed restriction from 1883. The deadline was March 1, 2016 so the proposed PSA amendment will extend this deadline by a couple of weeks. The next amendment is to remove from the PSA the meat company which is no longer a part of the redevelopment scenario. The final amendment relates to the title policy and extended exposure coverage related to the ruling in the quiet title action. It was moved by Mr. Abbott and seconded by Mr. Harr to authorize staff to execute an amendment, as described by the staff memo dated February 25, 2016, to the Purchase and Sale Agreement between Fruitdale School Partners and the Wheat Ridge Housing Authority for the purpose of selling the Fruitdale School Property at 10803 W. 44th Avenue. Motion carried 4-0. H. OTHER Ms. Mikulak gave a brief update on other Fruitdale news. She stated that City Council approved the Development Agreement on February 22, 2016 by a vote of 7-1. This agreement formalizes the grant and loan commitments from HA and the City. This commitment will help for HEI to secure the commercial loan. The subdivision plat is also being worked on by the surveyor. It along with the zoning case will be heard at Planning Commission on April 7 and City Council on April 25 and May 9. Ms. Mikulak Housing Authority Minutes 2 March 1, 2016 also gave a brief explanation of the zone change process and the public hearings. The Land Swap agreement is also moving forward. Mr. Abbott asked about the graffiti that is in the Fruitdale building and wanted to know if the building can be better secured. Ms. Mikulak stated it appears to be kids doing the graffiti and the access was from a garden level window. The window has been reinforced on the inside and outside with more wood and lag bolts. Also "No Trespassing" signs have been posted and there is police patrolling more during the late night hours. Mr. Abbot also mentioned the article in the Transcript about Fruitdale and stated it was written very well and was nice to see. I. ADJOURNMENT It was moved by Ms. Walter and seconded by Mr. Thomas to adjourn the meeting at 5:24 p.m. Motion carried 4-0 VCJ Qom_ ► air Tammy O , Recording Secretary Housing Authority Minutes March 1, 2016