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HomeMy WebLinkAbout10/12/2010WHEAT RIDGE HOUSING AUTHORITY SPECIAL MEETING MINUTES October 12, 2010 1. 2. 3. 4. 5. CALL MEETING TO ORDER The special meeting was called to order by Chair Brungardt at 5:00 p.m. in the Lobby Conference Room of the Wheat Ridge Municipal Building, 7500 West 29 °i Avenue, Wheat Ridge, Colorado. ROLL CALL Authority members present: Cheryl Brungardt Joseph DeMott Kathy Nuanes Katie Vanderveen Authority members absent: Janice Thompson Others present: Sally Payne, Deputy Director Larry Nelson, Cornerstone Realty Britta Fisher, Executive Director Wheat Ridge 2020 Ann Lazzeri, Recording Secretary OFFICERS REPORTS There were no officer reports. PUBLIC FORUM There were no members of the public present to address the Authority. NEW BUSINESS At the last meeting there was discussion regarding $350,000 Housing and Urban Development (HUD) funds that could be spent on projects before the end of the year. Sally Payne informed the Authority of a recent Housing and Urban Development (HUD) decision that Community Development Block Grant (CDBG) funds in the amount of $1,000,000 cannot be spent on the 44` and Housing Authority Minutes - 1 - October 12, 2010 Wadsworth urban renewal project. This means there is now $1,000,000 available to the Housing Authority. However, the funds must be spent by the end of the year. She also explained that there is a very remote possibility that the HUD decision may not be absolutely final. Larry Nelson prepared two pro formas for the Authority's consideration. One addresses the use of $1,000,000 and the other addresses the situation as discussed at the last meeting. The pro formas will be discussed in executive session. 6. EXECUTIVE SESSION It was moved by Katie Vanderveen and seconded by Joe DeMott to enter into executive session on October 12, 2010 to consider the purchase, acquisition, lease, transfer or sale of real, personal or other property pursuant to Colorado Revised Statute 24- 6- 402(4)(a). The motion carried 4 -0. Those attending the executive session were: Cheryl Brungardt, Housing Authority Joseph DeMott, Housing Authority Kathy Nuanes, Housing Authority Katie Vanderveen, Housing Authority Larry Nelson, Cornerstone Realty Sally Payne, Deputy Director WRHA Britta Fisher, Executive Director, Wheat Ridge 2020 Ann Lazzeri, Secretary The regular meeting adjourned to executive session at 5:08 p.m. The executive session was convened at 5:10 p.m. The executive session was adjourned at 6:07 p.m. NEW BUSINESS (continued) The regular meeting was reconvened at 6:09 p.m. It was moved by Joe DeMott and seconded by Katie Vanderveen that the Authority direct Larry Nelson to proceed with purchase of seven properties from Jefferson County Housing Authority for the amount discussed in the pro forma. The motion carried 4 -0. 8. OTHER There was no other business to discuss. Housing Authority Minutes -2- October 12, 2010 9. ADJOURNMENT It was moved by Kathy Nuanes and seconded by Katie Vanderveen to adjourn the meeting at 6:12 p.m. CJ-") Cheryl L . Ann Lazzeri, Secre r Housing Authority Minutes -3 - October 12, 2010