Hudson Community Development and Planning Agency, Regular Meeting

1. 3:56Hello everyone. Oh, let me grab the mic. >> We don't have quum yet. >> Yeah, we got Veron and Vonyie online. Hello everyone. We miss you over here. >> Unless I'm trying. >> Did you hear me? Yeah. Right. >> Yeah. Ronnie and Ron are both online.
2. 5:22We have quum here now >> and during the role um they have to state why they're >> okay virtual >> start you guys can't sneak up on people in the hallway. Nope. But here's the funny thing. Speak up on us. >> Do I have >> anything? He's like, I'm gonna text. I'm like, no, don't. I'm glad I said don't. >> I didn't mind that. >> Thank you so much. All right, Dominic, you ready? >> Yep. Okay, we're going to start this meeting of March 26 at the HCDPA um for
3. 6:26six o'clock meeting. Uh Logan, can we have a roll call? >> Yep. And board member Ferris present. >> Board member Bogle. >> Oh, hold on. We got some new features. Give me one second, Ron. >> Okay, you should be able to unmute yourself now. >> Okay, I'm here. >> Still not hearing yet. >> Okay. Well, it says that I am still, but I can see your lips moving. >> I can hear Ron. >> Can you hear me, >> Logan? >> I don't know. Normally, you don't have to, you know, mess with anything like that.
4. 7:35>> Testing. Can you hear him when he speaks? >> Testing. testing. Hello. Hello. Hello. Hello. Hey, Jeff. >> Okay, so they're hearing each other, but we can't hear them. >> All right, trying again. >> Hello. Testing one, two, three. Are you connected to your owl? >> Yeah. Let's see. >> And can you hear me? >> All right. Try one more time. I just put you through my computer. >> Hello. Hello. Testing one, two, three. >> Okay. Not working. >> Can you hear Chris? >> No, I can't hear anyone. >> So, I'm gonna >> Can you guys hear me? >> Yes, >> we can hear each other. I >> think they're going to do the tried and
5. 8:42true. Try turning it off and on again. >> Logan, can you hear me? Well, what Ronnie doesn't know is that he's on the cover here. >> All right, let's try this one more time. >> Testing one, two, three. Hello. Hello. >> All right, great. Ron is here. And Ron, why are you virtual? >> I'm out of town. >> And then Board member Rooney. >> Same with me. Logan, I'm also out of town. >> Board member Smith >> here. >> And board member Morante >> here. Great. Cor's present in public. >> So the first thing is for the minutes.
6. 9:49>> Yeah. >> Everybody got a chance to read the minutes that Logan said to us earlier? >> Yes. Thank you. I'll give the motion. >> Second. All in favor? >> I. >> Thank you. >> Bill approver. >> Bill approver. >> Audit. >> Okay. >> Audit. Next. >> Okay. So, mine said, but um the So, we have Nicole from UHY. >> Uh I say uh um to present us with it's our draft. Is that is this our draft? It's a the draft audit as of now. You'd have to approve that. >> Yeah. And then we approve it today. >> So too. Yeah. >> Yeah. Okay. Okay. Oh, I guess you're on. >> Thank you. >> So, yes, as Dom said, we have the um results for the year December 31st, 2025 audit tonight. Um and they are in draft form, but if the board would approve
7. 10:51them tonight, we can issue everything final tomorrow. Um, and that allows Logan to submit the Paris report on time, which is due March 31st. Um, I know there's a lot of familiar faces, but there's also some new faces. If you have been on board in, you know, previous years, a lot of what I'm going to go through is the same. There are a lot of changes. Um, but for the new individuals, if you have any questions or if anybody has any questions, obviously drop me as I go through. So, first of all, we've qualified audit opinion which is consistent with recent years. Um, the go through the financial statement first. >> Yes. Got it. I'm sorry. >> No, that's right. >> You go to um page one >> right there. Yep. >> Yeah. >> So, this is our audit opinion um which is a qualified audit opinion which is consistent with recent years. The reason why we have a qualified audit opinion is because if you turn to page five, which is your statement of net position and governmental fund balance sheet, >> there
8. 11:58>> Okay, thank you. >> There's a balance on here um towards the middle of the page deferred and global resources $112,532. that has been on the books since we um have been involved with the audit for about five years now and nobody's been able to provide any backup of support for that balance. Management has tried to determine what it relates to. It still is a mystery. Um so for that reason, we have qualified our audit opinion. Outside of that, we have no issues with the numbers, but that matter because it is material um results in a qualified opinion. And then back to the audit opinion for a minute, Logan. Um, we also have an emphasis of matter which is on page one um as well. And this is because of the recurring losses from operations in recent years and the fact that you have very limited liquid assets to pay um your expenses. So there is some uncertainty as to whether or not you'll be able to continue as a going concern. Um, and I know you know we're
9. 13:02trying to mitigate that by selling properties and coming up with plans for the future, but that is disclosed in the report. If you turn to page six, that's basically your results for the year. You're talking about activities. Um, so here's what you'll see. You have a loss for the year of approximately 157,000. And the activity is basically just activity related to the Hudson housing trust fund which is use of cash that you u collected in previous years and then um basically just your operating expenses. The rest of the financial statements are the footnotes which are basically just carry forward and updated for the current year numbers. Um not a lot of changes. The most important footnotes in here are going to CERN and the option agreement related to the Hudson Housing Authority. Then you go to page 16, Logan. Page 16 is our report on internal control over
10. 14:06financial reporting. In this report, we have two material weaknesses and one significant deficiency. Those are the same findings that we've had for the past numerous years. Um, page 18 loading the first material weakness. Um, which basically relates to the reason why we qualify opinion. The fact that you have that deb resources that can't be explained and that is consistent with the prior year. Page 19 is our second material weakness and this relates to entries that we had to make to make the financial statements um in accordance with accounting principles US GAP um because we had some significant material adjustments to make to do that um it results in a material weakness and there's also a repeat findings and then page 20 um we have a significant deficiency over segregation of duties just because we only have Logan basically doing the majority of everything you know maintaining the
11. 15:08books and records um making the deposits and so it's not designed properly for um segregation of duty purposes. The other document Logan is our required communication letter. Um and this is a letter that we are required to present at the conclusion of the audit and just communicate certain things. Um for example that we had no disagreements with management. um we didn't have any significant difficulties or anything like that. The most important things in this letter are the uncorrupted and corrected misstatements. We had no uncorrected misstatements. Any um differences that we identified were made by management. Um so the books and records reflect that. And then on the last page um it just mentions again the modifications to the audit report and the bill concern language. That's what I wanted to cover. Um, so if anyone has any questions, I'm happy to answer. >> So the $112,000 that's not the galvan. >> No, this
12. 16:12>> cuz they went through to see if it was that and it was >> Yeah. So that that is on there that that's due in 2031. >> So it's a liability. >> So means a property somewhere. >> No, it's it's essentially like a liability that we just don't know what it relates to. It could relate to that $105,000 loan receivable because the the numbers are very close. >> But it would have to have been like a grant or something that you received many years ago that instead of recognizing as revenue, we parked it in deferred revenue. But we have no backup for it. So we don't know what it is and should be recognized as revenue, what to do with it. Logan, what was the amount of the number? We got the a letter from someone last year. >> That was Yeah. Yeah. >> That was way way way less. Yeah. >> Yeah. Yeah. Because that was 20 something. >> Yeah. 90. >> It was something that was they did a
13. 17:14program or something that they a loan or something to something. a loan that had been written off in the past that you guys reinstated it because um you had done the research to determine that >> that was a good idea that we collected >> and and then this segregation of duty. So that's something we probably should the audit committee probably should address, right? >> Yeah. So I met with um the before you know she rolled off the board and you know we talked through some things that I think you might just still be in the process of trying to implement. >> We did the the year end stuff where I went to Teresa's house and did that and then the one thing we didn't do last year that we talked about at that meeting was the journal entries and adjustments that me and Joe will go >> go go through together. >> Is that something we should go through together or I should present to him or You just have to basically sit down together and go. Yeah. And then he can just sign off on. >> Yeah. So those were the two that I
14. 18:16remember. >> Yep. Yeah. I think that's what's what it's down to because you did the bank wreck reviewer. Yeah. So an improvement from last year because you did implement that just a few things still tight. >> So is there any good questions for the audit? But I guess the next is to approve it so we can get it on time for the first time in how many years. So >> since I've been Yeah. >> So if everyone does have any more questions, can I get a motion to accept the draft audit? >> I'll make that motion. >> Second. >> I'll second that. >> All in favor? >> Okay. >> So I guess we can uh we'll have the minutes reflected and then >> Yeah. And then Logan, you have the letter that you're going to have signed back tomorrow. >> Yeah. Does that work? Cool. >> Thank you, Nicole. >> Thank you. We appreciate it. >> Thanks, Lo. Thanks to Logan because he, you know, did everything to make this possible. Submit it on time. So, >> thank you everyone.
15. 19:19>> Well, enjoy the warm weather. >> Yeah. Yeah. Daylight. >> Thank you. >> Take care. >> Okay. So, next is the minutes. We already did the and the one thing we talked about um still in the admin that I don't have on the agenda but we have people from Monco here and we have Mr. Dodson online. Um >> okay great Mr. Dodson you there? >> He's there I just saw him. >> I am. >> So thank you for coming. I just you know um we haven't heard from you you know I not you know so we had new members of of the uh you know the board but I I understand you met with most of them but if you give us uh update and I uh and I just have you know a question for you know Monco but um if you just give us update and you know and what the option because we have the option on the table with the audit what's the option look like for our time frame it's still on
16. 20:23Right. So I asked M to be there today because I couldn't be there in person so they could give you a presentation and answering those questions. But I am here to answer any other questions if you need. So Marco, can you step forward please? >> Yes. >> Hi good evening everybody. I'm Joel Mount and I'm the principal of Mount Cub. Uh we're here tonight to give you a status report where our project is and I believe on March 6, John Maggie overall sent a letter outline outlining where we are. So that may be helpful that you saw it. Um we're moving ahead. Project's working well. Uh we receive um we made our financial applications to the state. We received commitments for about $8 million in grant money from other sources. Um we have submitted our planned our application to the planning board and if all goes well we anticipate closing the project uh end of this year. >> Okay. I do I would just um just update on you
17. 21:27know the two projects the um town houses because of the uniqueness the uniqueness of that how what how we carved out for at least one of them right uh to be turned to ADA compliant. So if if there is someone with a big family or whatever or someone has a grandmother or whatever that would need that, how is the uh combinations can be made for at least one of those buildings? >> Well, I I'll answer the macro homes and design between the new structures on what we call building A and B and the one townhouse site. There will be uh 88 requirements to be built between those uh three buildings. I can't answer exactly the townhouse tonight because I'm not on the design end of it, but I know people are dealing with it. >> Okay. I can confirm that the first floor apartments will all be 88. >> The town that's been larger. >> Oh, great. So, so both both on both of
18. 22:30them are first floors, >> correct? >> And and both of them are five five bedrooms. >> That I can answer. I don't believe that there are all five bedrooms on the first floor, but we can look into that. Okay. >> Between the three buildings, there'll be five bedroom, of course, meet with the existing tenency, >> right? Yeah. But the thing is the second floor, but what you're saying is that the apartment's downstairs. They're going to have the a bathroom, you know, 88 by the buildings that are revated. They have elevators in there. >> Oh, yeah. Right. that that that well five floors right there five floors but yes they're four floors but yes >> yeah well I think the uniqueness of the townhouse which is great because it's very unique um and uh and have that option >> they have to have the option I just want to jump in there we have to have the option done for the ADA um the state has guidelines for ADA compliance and so does HUDs so they have to be ADA compliant >> for the town houses as well
19. 23:33>> even if it's second floor >> oh Yes, because they can do a back in they we saw a couple models, Jeff and I, and what they can do is they can do one has a back entrance and one has like a front entrance. So, that's what would make it ADA. It's like there's there's a way to get into like the back of their home. I don't know how to explain it, but the setup is like one entrance would be in the back, one would be like in the front, and that's how it would become like a ramp type. >> So, it's not it's not going to be turnkey, it's going to be accommodation if someone needs it. if someone needs it, >> right? So, it's going to be able to be built if someone is that gonna be And what about uh the like the stove, oven, uh and if is that going to be ADA compliant? >> Everything has to be ADA compliance because we have guidelines guidelines that we have to follow and there's ADA compliance guidelines that we have to follow as well. >> And that so that means the stove is going to have brought down not over top. >> That's correct. Correct. Correct. And and the door the the handles are going to be lever handles not not
20. 24:38>> whatever the requirement I mean we build a lot >> so it will meet all code and all requirements. >> Great. Perfect. >> Yeah. So while I have everybody's ears you know we're going through the the planning process now and I would say the new planning board is really uh jumped in and working with us very well. uh the two issue the issue we're facing between our big site and the townhouse site two different zonings. So that you know we are presenting at the moment. So we would go inside at the same time. So that's where we are. So we're very optimistic and upbeat and we can do a state has told us they would like to close by actually they said October. So if that's not Google so by the end of the year all things mean good all be good. >> Okay. >> Great. Thank you. >> Thank you so much. >> Thank you guys. >> Maybe like to ask Ronnie if you don't mind if >> Yeah. Ron or Rooney, did you guys have any questions, comments, anything?
21. 25:42>> Um uh thanks for chiming on. Um just just to follow up on that last bit from Mount Co. Uh just because I am newly on the board. Uh if you like it's basically the state that we're waiting on to finish this up. This is as far as um housing authority and the city of Hudson is there there's nothing that's holding it back from our end. It's just the state funding has to come through. Is that am I understanding that correctly or >> No, we're waiting for planning board's approval on the site plan. >> So we've submitted our site plan application. planning board has uh had it in front of them for review and you know we're hoping that to have that approval soon. >> Okay, that's good to know. >> Thank you. >> Thank you. >> Anyone question? >> That was a good question Ronnie. Thank you for that. >> I think everyone thank you so much. >> Appreciate it guys. Thanks. Thank you everybody.
22. 26:44>> So next would be the bill approvals. >> Yeah. >> Yeah. >> So we have um two bills today. me and RCMP. Um, we can do that first and then I can go through my other items on the financial report. >> Okay. So, can I get a motion to pay the two bills? >> I saw you. >> Yeah, I'll make the motion. >> Second. >> I'll second. >> All in favor? >> I got the insurance for some. >> Yeah. A couple things. So, the CD, it will be uh April 15th. So, I want to bring up at this meeting. I've talked to Michelle and I sent you guys uh they don't send a bank statement for the CD, but I sent the most active uh you know accounting of that CD. So I think it was uh $112,000 in there. Michelle's told me for you know comfortable putting into another fivemon CD at 90. So taking that would be $22,000 out that money goes to the HTF account to cover HTF expenses. I got that right. Dragon shelf.
23. 27:48>> Yeah. >> Um so we do we would need a a vote to act on that CD. >> Okay. So so um and you're going to do it before April 15th. >> April 15th. Yeah. >> Uh so can I get a motion to uh take uh the requested $22,000 from this CD account uh to put into housing trust fund account and then to renew the remaining 90,000 I Yes. >> 19,000 uh into CD for 5 months. Can I get a motion for that? That's what we need, right, Chris? That's what we need, right? >> Excuse me. >> Sorry. Yep. That's what it sounds like. That's what Logan's describing. >> Yeah. Thank you. Can I get a second? >> I'll make the motion. >> I'll second. >> Thanks. >> And The other item, let's see if I have this
24. 28:49correct. Um, oh, the the next item is the Bank of Ring County donation to the HTF. Um, >> oh, I need to share it. >> That's the $500. >> Yeah. Logan, I wasn't able to open your your extra little um document that described the Bank of Green County donation. Oh, here. Is that what this is? >> Yeah, that's what that is. >> So, we need a motion to accept it, right? >> Okay. Has a purpose. >> Yeah, I believe so. I'll make that motion. I'll >> second. All in favor? I And the insurance I'm assuming that's the insurance for all the properties. >> Yes. So this is my next thing. Since
25. 29:52January, I've been bugging uh Marshall Sterling people. They always have new people every year. So if I didn't I think uh February I found my new people. They will get me an invoice till 3:30. I've had them call the actual insurance carrier or however it works. Um, so I don't have an invoice for the insurance. I won't have one until the 30th. I was asking if we can get it early because the nature of our meetings that, you know, we would be outside their 10day window, I believe. Um, because >> they can't provide us with the invoice. So, >> yeah, they can't provide me with the invoice, but they can't provide me with the amount, which was $1,180. Um, so my question is, can we approve a payment uh for an incoming insurance invoice for that amount? >> Chris, can we do it uh resolution with the caveat um upon receipt of the invoice? Then we can release the upon. >> Yeah. Yeah. But you need to state the purpose of the invoice, right? What's
26. 30:54the what's the insurance? You know, which policy is it? When does it expire? You know, the broker should be able to tell you that, right? >> What time >> do you have that? What policy is it? What's the term? You know, identify those things. >> The term is for I believe the whole year um or I guess the whole year until uh March 30th or whatever. And it's for all the properties. So, the amount hasn't changed for all our, you know, when we get this insurance invoice every year. Um, and it's just insurance on all the properties. >> So, this is property and liability. >> Yeah. The other thing if we can't do that, we it's just a special meeting thing. >> No, no, I mean it it the board obviously they need enough information um, Mr. Chairman, for you to understand what you're voting on, right? >> Okay. >> Yeah. Right. So um so so can I get a motion to uh accept uh the amount that
27. 32:03was provided with um you know this is for our property our liability property insurance >> and uh payment um approval pending an invoice right we're gonna wait for an invoice >> and I'm sorry that the carrier is >> Marshall Sterling >> no that's the broker Oh, sorry. I was He's not stopped. >> Was that the same broker that or same carrier you had last year or they changing it? >> Same one. >> Um, Central Insurance. >> Central. Was it say central? >> Yeah. So, uh, can I get a mo did we can I get a motion, you know, for the paying it pending the invoice? >> I'll make that motion. >> Second. >> I'll second. >> All in favor? >> I and
28. 33:10um so then next we have a um the resolution with the the numbers reflected. um and the housing justice director's salary the this is a writer for the agreement between HCDPA and the city for salary reimbursement. >> Okay. So So this is for this budget year. >> Yes. cuz I think um we'll probably have to meet to see how we're going to what's going to happen cuz what's left the 112 is not going to cover for next year, right? >> The you're talking about the CD. Um yeah, I would have to give you an accurate number on what they have in the HTF general account. Um uh Mr. Mayor Treasure, is is there plans on on how we're going to do moving forward. >> That's a question. That's a conversation
29. 34:11I need to have with the rest of the the board here and speak with Logan in terms of what the status of our financials are. >> Well, I I with the 112 and so we um also because we reduced the promise to roots, right? from 50 >> 50 to 20 >> 50 to 20. >> Um do we have to get a budget amendment for that? We >> we do have that. >> Yeah. >> Um so I I think probably that's probably going to be a separate meeting uh down the road. So right now I guess we're looking for the approval for the for the contract with the city. Is there any questions on that? >> No. Chris, all we need is to do the um acceptance uh uh and uh first and second on on this contract, right? >> You need a roll call.
30. 35:12>> Yeah, you have a resolution. Um so a roll call, right? And the the numbers from that uh the chart that was provided um break down in as as presented in the contract with 87024 for the salary payable quarterly and then 5,000 instead of what was in the draft of 3,000 for miscellaneous. That's the last number on that chart. Then the difference is 39 and change. That would be the fringe and other expenses including it. Um, so that's the way those numbers would break down in the draft. Okay. >> Okay. So, um, so the So, can I get a motion to, uh, accept the resolution? >> I'll make that motion. >> Second. >> I will second that. >> Logan Paul. >> Yeah. >> Board member Ferris. I. Board member Bogle. >> Hi. >> Board member Morante. Hi. Board member Rooney.
31. 36:13>> Hi. >> And board member Smith. >> I passed. So >> yeah. >> Okay. Give me a second. >> Do we have to um thank you for your account donation? That's not your mark or anything. That's a general donation. >> Yeah. Um, so the next item on our agenda, HDF housing. >> So I guess you're you're up shorter. >> Um, yes. memo. We did a bunch of today. We had some roots um has begun dispersing the funds so that those numbers and um I guess I do wonder when we want to do the next dispersement to them. Um they're not like in a rush for it, but we just want to know when to expect that. And they've been they have some other funding sources we've been working on so
32. 37:16that they can have um there we'll have other coming from external sources to continue >> the program >> the program through the rest of the year. Um >> yeah from the county >> that the county was last year but there's a a private source. great >> working on. Um, so yeah, that's the one question and then the other thing was just yeah, so April we are just going to have like a a non forum general opening test and people want to come and talk to past members and find out what they do and then um potential people can submit their letters to offer for joining >> people to and you need you currently have three, right? So you need three Yeah. >> three new members. >> Yeah. And you can have up to nine. >> Yeah. And just to reiterate, that meeting is on April 8th. Um, so if anyone knows anyone, you know, would like to serve support the mission of the HTF.
33. 38:16>> Also, while you have Chris, I was wondering if people have to be residents of Hudson or because I know some of the boards dating people can live slightly outside of Hudson. Um, so I was wondering what that requirement is for us. >> Did you hear that, Chris? What's the bylaw say about residency on for the board, Chris? I will check. But doesn't the city have a general rule about um people sitting on their boards and committees need to be residents? Most most communities do. >> I mean, I know planning boards, right? The housing truck I mean housing HHA, right? Um the I think most of the boards are residents. >> I think recently we passed a resolution that exempts very specific offices from that. Other than that, they're is a residency requirement. >> Yeah. Right. Because I think I think that's that's for off and employment. I think we extended it for certain uh positions. It's 15 miles for certain positions,
34. 39:18>> right? But boards have always been uh even I think HTC is city uh resident. So yeah, I think yeah, I think I think that's the that's the path that we follow. Do we have any questions? >> The bylaws um say that the members of the Htf committee must be city residents. >> Thank you. >> Mhm. >> So maybe we can um that's coming around uh that's going to be Wednesday, right? That's a Wednesday. >> Yeah. >> So um maybe you think we can put something on the website? Yeah, I can put on the HTTPA website and the HDF even city and we can uh send it out on the Hudson Hub app, too. >> Yeah, that would be great. Um, >> was there any other items? Okay. And then one more HTF thing. Um this is from the budgeted contribution from the city
35. 40:26um that we send uh the treasur's office uh a letter requesting that contribution that was already budgeted for this financial year. So that that is 20,000 and that's to the Htf and that's is that's not for the roofs that's for a partial range. Yeah, it's for anything you any part of the Htf because it goes to the HF general account. That's, you know, so you could think of it as salary, you could think of it as, you know, roots or it's just the city's contribution to the Htf on yearly. Chris, do with that 20,000 because it's taxpayer money is does that need to be itemized? >> You know, that's up to the city. um uh if you know this the city's contribution the city it's up to the city to designate what it's for, right? >> Okay. >> So, it's if it's a state general use, >> well, it's it's for the housing trust
36. 41:32fund, right? As opposed to just the HCDPA generally. >> Exactly. >> Okay. And within that there's no other restriction. >> Uh no I don't believe so. >> Unless I'm misspeaking anyone can correct me. >> Yeah. >> And that and that was something would that be budgeted that who budgeted this 20,000 >> would have to be. Yeah. Okay. Um, so I don't know that because this has all already been budgeted and everything. I think I just need a signature. I could be wrong. Chris, do I need a vote or resolution on >> requesting money? >> The resolution. There was a resolution to approve uh the city um uh excuse me. Oh, no, that's for the other agreement. Yeah, we don't have an agreement for this. Um so uh you would want to approve
37. 42:35acceptance of this uh amount right >> because because any donation into the fund has to be accepted by the board. >> So so what we're doing now then we can vote on a resolution next meeting. No, no. I mean, you can you I mean, you can authorize acceptance of that of that, >> you know, amount, right? If that's what you know has been budgeted and proposed. >> I'm sorry. It's just But looking here, it says the draft letter is attached requesting the city to provide the funds. So, wouldn't we just send the letter first and then >> So, the next step would be to send it to the treasurer. The letter that is Oh, >> I see what you're saying. Um, yeah, possibly. So, this letter just needs to be signed by Dominic to the to the city's treasur's office and then when they do give us the money, then we vote to accept the money. Is that what you're saying? >> That's what seems like would mean what would make
38. 43:38>> Okay. So, so we ask for it first and we then when we when they say yay, >> then we >> we say yay >> as an exception. >> Yeah. Yeah. >> Right. Is is that the path you you're uh understand, Chris? >> Well, I don't No, I mean I guess Mr. Mayor, if if the I would think that if the if the city has identified an amount that they're proposing to provide, right? This is this was paperwork that's intended to identify um you know, so that everybody knows what the check is for and where it's going. Um but I would think that the HCD would want to indicate that it is willing to accept an amount of X from the city for a Y purpose, right? because otherwise the city probably doesn't want to write a check to you, right? >> It's a little chicken and egg. So, yeah. I mean, it's it's a proposed it's a proposed contribution for the HTF, right? >> Yeah. So, so it's kind of like memo understanding did that that we're going to get the get the or is just my
39. 44:42letter the request. So, basically need to accept uh to send a letter out to request um the $20,000 from the city >> and then when they say yay um then that's when we will accept do the um um vote to accept the money, right? When the check is ready. >> Well, >> yeah. Yeah, I'm just >> that's not what we did in the past, but please let's figure out how to properly do it because that's not what we did in the past. What we did in the past was it was a motion put on the floor to accept this letter and it was seconded and and then so and you know I've been on here for five years. So, I mean, if there's there's a way we should be doing it, let's do it. But this isn't how it's been done in the past. That >> Okay. That that's why I want to reach out to Chris cuz maybe it wasn't, you know. So, >> Chris was here though when we did this. Chris was here for the last one. Was here. Gotcha. >> I I think I think the point is that is
40. 45:45that it's up to the board to decide whether accept a certain amount of money for a certain purpose and that's really what the action is for. Um, and I don't know that um, you know, I think determining the amount, determining the source, and determining the purpose is what the board needs to authorize. Um, if you wait until after a check is issued, I'm not sure that's what you want to do from a check floating around. You wonder whether to deposit it or not, you know, >> because the board hasn't accepted it. So, >> okay. So, so credit. So, the basically the motion is going to be to accept the $20,000 from the city of Hudson to go to the housing trust fund for general use. Is that is that what the use is going to be? If we identify the use would be for the for the purposes of the housing trust fund as specified in the bylaws, right? >> Yes. >> Okay. Gotcha. So, the acceptance. So, can I get a motion to accept um the money request and accept the money $20,000
41. 46:48uh from the city uh to go to the housing trust fund for them to um utilize it in in the rules of the by bylaws, right? That you're saying, Chris? >> Mhm. >> Yeah. >> Everybody understand that one? >> Yep. >> I get a motion. I'll make that motion. >> I'll second this. Thank you so much. All in favor? >> I I >> We don't need a roll, do we, Chris? Because you're only accepting it. >> Well, you know, I'm going to say that every single motion has to have a roll call because that's what the law requires. So, >> okay. >> Yes, that's what I'm going to say. >> Okay. So, roll call vote. >> Board member Ferris. Hi. >> Board member Bogle. Hi. Board member Moranti. >> Hi. >> Board member Rooney. >> Hi. >> Board member Smith. >> Hi. >> Okay. So, that brings us
42. 47:49>> So, >> to our new No, we did finance. So, this this brings us to the new business um which >> finance. >> Yeah. Yeah. Finance committee meeting >> um which we will I believe be >> a HDBA. >> Yeah. Can I get a motion to exit HCDPA meeting to enter into the finance committee? >> I'll make that motion. >> Second chair. All >> in favor? >> So, I guess I'm going to pass it over to the finance committee. >> And and Mr. Chair, I just want to note for the for the board for those who haven't known me for a long time, um I was um Habitat's general counsel for 30 years. and I'm no longer their counsel um because I relocated. I pass that on to somebody else who graciously took it on. Uh but I just want to make that clear that I used to be their counsel. So I just want to u make make that information available to you.
43. 48:52>> Thank you for that. >> Thank you. >> What lovely roles you both had. >> And then did we for evaluating the REFI responses, do we need to go to executive or no? So procedurally, um, you know, what you did was issue an RA, a request for information. You didn't issue a request for proposals. So part of this is going to depend on what the board decides to do in terms of whether they're going to evaluate these and then issue an RFP asking for, you know, numbers from people or whether they're going to use the RAFI to move into a negotiation phase. And so it it's really up to the board to determine whether the um you know release of information that is involved in these um could potentially affect the prices that you might get in seeking to dispose of the property and obviously you know funds are material to
44. 49:56this organization as we heard from your auditor. So um I think it's up to the board uh how it wants to proceed with that discussion with those things in mind whether you want to do an executive session or not. So it would be the second session of the finance committee, right? Because that's the one that's reviewing. >> Correct. >> Correct. And >> I believe Mayor, you're and and chairman Smith, you're you're two. >> They're both in finance and Rooney is as well. >> Okay. So we have a quorum. >> Yeah. >> Yeah, we got two. >> Okay. Uh so um I'm going to pass it over you, Mr. mayor to to open finance and decide how you want to if you want to do the executive session for finance and then we can come back into the open meeting to discuss. >> Yeah, I I I defer to legal counsel on this. You know, this being my first >> uh um experience in the committee dealing with RFI, I want to make sure everything's um you know, nothing's a
45. 50:59miss. So what what would be your advice for your your counsel? >> I mean I think I think you could go into executive if you want to because of the materiality of the potential prices and then you know you can decide following your your initial meeting where you want to go with that. And if you do do that, I will just note that the board members are entitled to remain in the room um you know to listen. Uh but other parties you'd have to excuse and and Logan's going to have to make sure that he has um you know the recording off and the uh uh other folks you know excuse from the room virtual room as well as the real room. >> Yeah. >> Right. >> Yeah. Um let's I I do I need to put that up to a vote? Um or can as >> communicate the motion to go the motion to go into executive session would take a vote. Yes, Mr. Mayor. >> Can I get a motion to go into executive session? >> For the purpose of and I'm sorry, I'm just going to add recommend some language for the purpose of uh
46. 52:02discussing offers on real property uh the disclosure of which uh could uh affect the value thereof. Okay. >> Um and that's where you reflected that. Great. Um, but may I uh move to executive session for the purposes that uh legal counsel just explained? >> Motion. >> I'll make that motion. >> Thank you. >> So, Logan, if you um keep Ronnie >> Yeah. Give me one sec. And Ronald, just cuz you're the person in the virtual meeting. This is sort of at the end of the meeting. I would guess this may go 20 minutes or so if you're waiting to make a public comment or anything like this, but this is our last item of business. So, I'm just kind of giving you that heads up. >> So, with that comment, Logan, I think I'll depart the meeting because I have another obligation. >> I'm sorry, Ron. I meant Ronald, the the member of the public. >> I'm sorry. >> Yes. Hi. I I I got it and I I will leave the meeting. Thanks. We do have two
47. 53:06wrongs here, right? >> Well, now that I've broken my silence, I also do need to jump off at about 10 about 7 o'clock. So, >> okay. Whenever you need to, that's fine. >> Okay. >> Um, if everyone can just give me one second. I need to lock the meeting, stop recording, so on. >> Do you want me to step up? >> Yeah. Um, >> I also do need a second for the motion. >> Second. >> There's only two of you in there. >> Yeah. All right. >> Okay. So, we got >> second. All in favor? >> That's one. Okay.

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