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Housing & Redevelopment Authority - HRA-Packet-12-17-2025 Supporting Documents - 12/17/2025
OTTER TAIL COUNTY – MINNESOTA HOUSING AND REDEVELOPMENT AUTHORITY AGENDA Government Services Center, Dead Lake Room 515 West Fir Avenue, Fergus Falls, MN December 17, 2025 | 12:45 pm Commissioners may participate in the meeting by interactive technology. 1. Call Meeting to Order and Roll Call – Chairperson 2. Approval of Agenda 3. Consent Agenda A. Regular Board Meeting Minutes, November 5, 2025 B. Housing Choice Voucher Rental Assistance Program Report for October & November 2025 C. Community Housing Investment Program Report for October & November 2025 D. Public Housing and Senior Housing Program Reports for October & November 2025 E. Check Report and Financial Reports for October & November 2025 4. New Business A. Resolution No. 328 Approving 2026 Public Housing & Finding Home I LLC Insurance Bid B. Resolution No. 329 Approving 2025 Public Housing & Housing Choice Voucher Write Off Balance 5. Discussion 6. Executive Director Report 7. General Discussion – Topics by Commissioners 8. Adjourn 1/84 2/84 The Otter Tail County HRA Board of Commissioners Met for a regular meeting on November 5, 2025 at 12:45 pm At the Otter Tail County Government Services Center 515 W Fir Ave, Fergus Falls, MN Board Members Present: Wayne Johnson, Chairperson Kurt Mortenson Megan Myers Leland Rogness, Vice Chairperson Absent: Jeff Ackerson Others Present: Amy Baldwin, OTC HRA Executive Director Tanya Westra, OTC HRA Housing Program Supervisor Julie Bakken, OTC HRA Accountant Paula Grunewald, OTC HRA Administrative Assistant 1. CALL TO ORDER Chairperson Johnson called the meeting to order at 12:46 pm. APPROVAL OF AGENDA and 2. APPROVAL OF CONSENT AGENDA ITEMS Motion made by Kurt Mortenson, second by Lee Rogness to approve the November 5, 2025 Agenda and the Consent Agenda including Resolution No.325 Approval of 2026 Utility Allowance Standards for the Housing Choice Voucher and Public Housing Programs without additions or changes. Motion passed unanimously. 3. NEW BUSINESS A. Resolution No. 326 Adoption of 2026 Agency and Program Budgets Amy Baldwin, HRA Executive Director presented budgets for the General Revolving Fund, Housing Choice Voucher Program, Bring It Home Vouchers, and Finding Home I LLC. The Public Housing Program budget will be approved separately. Motion made by Kurt Mortenson, second by Megan Myers to accept the Adoption of 2026 Budgets and Program Budgets. Roll call vote was called, motion passed unanimously. B. Resolution No. 327 Adoption of 2026 Public Housing Program Budget Amy Baldwin, HRA Executive Director presented the 2026 Public Housing Program budget. Motion made by Lee Rogness, second by Kurt Mortenson to accept the 2026 Public Housing Operating Budget 3/84 OTTERTAIL COU TY· MINNESOTA HOUSING AND REDEVELOPMENT AUTHORITY Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 218-998-8730 @ OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER @ ottertailcounty.gov LIVE YOUR best life HERE. Pg. 2 and to give the HRA staff requested authorized signers’ permission to complete the form and submit when available from HUD. Roll call vote was called, motion passed unanimously. 4. DISCUSSION A. Baker Cabin Donation Update An update of the current status of this project was provided to Commissioners. B. December Board Meeting date and 2026 Board Meeting Schedule Amy Baldwin is not available for the December 3 Board Meeting so she is asking if the HRA Commissioners would be available to meet on Wednesday, December 17 at 12:45 pm. The meeting would be held in the Dead Lake Room at Government Services Center. Commissioners present agreed to this change. Amy Baldwin, HRA Executive Director asked the Commissioners if the 1st Wednesday of each month at 12:45 pm works for 2026 board meetings. All Commissioners present agreed. She also stated that a Joint Meeting between the CDA and HRA should be held in January and could be planned for the January 6, 2025 meeting. 5. EXECUTIVE DIRECTOR REPORT A. Federal Shutdown Amy Baldwin, HRA Executive Director reviewed the current status of the Federal shutdown and provided a local food resources link that can be found on the Otter Tail County website. 6. GENERAL DISCUSSION – TOPICS BY COMMISSIONERS CDA Housing Update Highpoint Homes 10 unit workforce housing apartment building in Battle Lake anticipated to open in December. Two homes in Pinewood Estates have been sold, and the third one is under contract with contingency. Securing State and Federal Funding for Your Community, hosted by Senator Rasmusson, will be held on Thursday, November 6. 7. ADJOURNMENT At 1:58 pm a motion was unanimously carried to adjourn the meeting. ________________________________________________________ ___________________ Secretary/Clerk Date 4/84 10/31/2025 11/1/2025 Difference 44,248.74$ 41,144.90$ -$3,103.84 81 79 -2 37,079.00$ 36,001.00$ *HAP Adjustment *Utility Adjustment (147.00)$ *Portability Tranactions (Out)4,883.00$ 4,883.00$ 61.00$ 61.00$ *Portablilty Admin Fee (Paid)199.90$ 199.90$ 2,172.84$ 10/31 11/1 New Admissions 0 End Participation 2 Vouchers Searching 2 Current HCV Participant Ports-Out Paid 4 4 Ports Out Pending 0 1 Ports In Pending 2 1 10/31/2025 Waiting List/To Date 132 Applications in Progress 4 Vouchers Searching 2 From Waitlist & Port In ELI%0%YTD Monthly Trend Report*Units Available Units Leased Leasing %Budget %Per Unit $ May 2025 144 88 64.60%83.50%493.17$ June 2025 144 86 64.4%83.2%513.82$ July 2025 144 83 62.7%81.3%480.66$ August 2025 144 83 62.1%80.7%508.71$ September 2025 144 79 61.5%80.2%496.78$ October 2025 144 80 61.2%80.0%546.28$ *Leasing % and Budget % based on cumulative activity during calendar year Per Unit $ is rolling three month average *Portability Utility Reimbursement Portability Adjustments OTC Section 8 Housing Choice Voucher Rental Assistance Program Summary of Actions October 31, 2025 Program Total Financial Transaction Paid This Month* UML (Unit Months Leased or # of Households) *HAP & Utility Reimbursement Payments 5/84 &, OTTE:R 'TAIL '1111111!.' COUNTY -MINNESOTA 218-998-8730 @ HOUSING ANIO REDEVIEL.OPMIENT .AUTHORITY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Go,.,ern men,t Services Center 500 West Fi1r Avenue Fergus. Falls... MN 56537 @ ottertailcounty.gov 11/30/2025 12/1/2025 Difference 40,859.90$ 40,136.90$ -$723.00 79 78 -1 36,001.00$ 34,993.00$ *HAP Adjustment (285.00)$ *Utility Adjustment *Portability Tranactions (Out)4,883.00$ 4,883.00$ 61.00$ 61.00$ *Portablilty Admin Fee (Paid)199.90$ 199.90$ 11/30 12/1 New Admissions 1 End Participation 2 Vouchers Searching 2 Current HCV Participant Ports-Out Paid 4 4 Ports Out Pending 2 2 Ports In Pending 1 1 11/30/2025 Waiting List/To Date 139 Applications in Progress 5 Vouchers Searching 3 From Waitlist & Port In ELI%0%YTD Monthly Trend Report*Units Available Units Leased Leasing %Budget %Per Unit $ June 2025 144 86 64.4% 83.2% 513.82$ July 2025 144 83 62.7% 81.3% 480.66$ August 2025 144 83 62.1% 80.7% 508.71$ September 2025 144 79 61.5% 80.2% 496.78$ October 2025 144 80 61.2% 80.0% 546.28$ November 144 79 60.8% 79.2% 517.21$ *Leasing % and Budget % based on cumulative activity during calendar year Per Unit $ is rolling three month average *Portability Utility Reimbursement Portability Adjustments OTC Section 8 Housing Choice Voucher Rental Assistance Program Summary of Actions November 30, 2025 Program Total Financial Transaction Paid This Month* UML (Unit Months Leased or # of Households) *HAP & Utility Reimbursement Payments 6/84 &, OTTE:R 'TAIL ~, COUNTY -MINNESOTA 218-998-8730 ® HOUSING AND REDEVIELOPMENT AUTHO,RITY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Go,v,etn mein,t Services Center 500 West Fli-Avenue Fergus Falls, MN 56537 @ ottertailcounty.gov COMMUNITY HOUSING INVESTMENT PROGRAMS (CHIP) BOARD REPORT October / November 2025 Program Applications Approved Applications Denied Inspections Conducted Proceed to Work Issued Projects Complete Goal Program End Date Emergency Home Repair Program (EHRP) 1 2 1 1 1 Down Payment Assistance (DPA) 6 6 SCDP: Reuse Rent Rehab – RR 1 Affordable Rental Unit Construction - ARUC 1 1 Housing Trust Fund Emergency Home Repair Program (EHRP) On-Going Down Payment Assistance (DPA) 9 3 N/A N/A 9 On-Going Rent Rehab – RR On-Going Affordable Rental Unit Construction - ARUC 1 1 1 On-Going Residential Owner- Occupied Leverage (ROHL) 1 1 1 PELICAN RAPIDS 09/30/2027 SCDP: Commercial 4 1 4 1 10 SCDP: Homeowner 11 1 11 5 1 17 7/84 OTTERTAIL COUNTY -MINNESOTA 218-998-8730 ® HOUSING AND REDEVELOPMENT AUTHORITY OTTER TAI L COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 ® OPPORTUNITY @ ottertailcounty.gov PUBLIC HOUSING BOARD REPORT October 2025 Rents Payable $5,257 Rents Collected $4,648* Total Negative Rents $ 44 Negative Rents Paid $ 0 Late Fees Charged $ 142 Late Fees Collected $ 97* Number of Units Paying Flat/Ceiling Rent 2 0Fiscal Year ELI WAITING LIST as of 11/04/2025 Community 2 Bedroom 3 Bedroom 4 Bedroom Pelican Rapids 16 15 N/A Underwood 7 7 3 Henning 5 2 2 New York Mills 8 13 3 VACANCIES UNIT VACATED LEASE SIGNED . *Repayment agreement set up with tenant for past rent/late fee/utilities not paid 8/84 OTTERTAIL COUNTY -MINNESOTA 218-998-8730 ® HOUSING AND REDEVELOPMENT AUTHORITY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 (!) EOUl\l HOUSING OPPORTUNITY @ ottertailcounty.gov PUBLIC HOUSING BOARD REPORT November 2025 Rents Payable $6,030 Rents Collected $5,985 Total Negative Rents $ 44 Negative Rents Paid $ 0 Late Fees Charged $ 116 Late Fees Collected $ 161* Number of Units Paying Flat/Ceiling Rent 2 0Fiscal Year ELI WAITING LIST as of 12/03/2025 Community 2 Bedroom 3 Bedroom 4 Bedroom Pelican Rapids 18 17 N/A Underwood 9 7 3 Henning 7 3 2 New York Mills 10 13 3 VACANCIES UNIT VACATED LEASE SIGNED . *Late fees from last month paid in full this month 9/84 OTTERTAIL COUNTY -MINNESOTA 218-998-8730 ® HOUSING AND REDEVELOPMENT AUTHORITY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 (!) EOUl\l HOUSING OPPORTUNITY @ ottertailcounty.gov AFFORDABLE SENIOR HOUSING BOARD REPORT October 2025 Rents Payable $3,300 Rents Collected $3,300 Late Fees Charged Late Fees Collected $0 WAITING LIST as of 11/04/2025 COMMUNITY 1 Bedroom 2 Bedroom Dalton 2 0 VACANCIES UNIT VACATED LEASE SIGNED * New lease signing scheduled 11/3/25 for unit 202*Contacted other agencies regarding vacancies*For rent sign in yard*Incentives sent to tenants atNorth Fields of Dalton*Ad in Sr Perspective *Received notice to vacate from unit 130 (2BR) effective 12/3/25 $0 138 Court Street (2br) 202 Court Street (2br) 10/84 OTTERTAIL COUNTY -MINNESOTA 218-998-8730 ® HOUSING AND REDEVELOPMENT AUTHORITY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 (!) EOUl\l. HOUSING OPPORTUNITY @ ottertailcounty.gov AFFORDABLE SENIOR HOUSING BOARD REPORT November 2025 Rents Payable $4,145 Rents Collected $3,782.50 Late Fees Charged Late Fees Collected $0 WAITING LIST as of 12/03/2025 COMMUNITY 1 Bedroom 2 Bedroom Dalton 2 0 VACANCIES UNIT VACATED LEASE SIGNED *Contacted other agencies regarding vacancies *Ad in Sr Perspective *For rent sign in yard*Incentives sent to tenants atNorth Fields of Dalton *Received notice to vacatefrom unit 130 (2BR) effective12/3/25 $0 138 Court Street (2br) 130 Court Street (2br) 11/84 OTTERTAIL COUNTY -MINNESOTA 218-998-8730 ® HOUSING AND REDEVELOPMENT AUTHORITY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 (!) EOUl\l. HOUSING OPPORTUNITY @ ottertailcounty.gov Doc Num Voided Type 169 No DD 170 No DD 171 No DD 172 No DD 173 No DD 174 No DD 175 No DD 1644 Yes CHK 1644 No VD 1645 No CHK 1646 No CHK 1647 No CHK 1648 No CHK 1649 No CHK 1650 No CHK 1651 No CHK 1652 No CHK 1653 No CHK 1654 No CHK 1655 No CHK 1656 No CHK 1657 No CHK End of Report Total:22 $80,781.78 Vendor Accounting Void 1 ($10,400.00) Vendor Accounting Total 22 $80,781.78 Transaction Type Summary Transaction Type Count Amount Vendor Accounting - 21 $91,181.78 Total:22 $80,781.78 Check (CHK)14 $90,223.83 Void Payment (VD)1 ($10,400.00) Count Amount Direct Deposit (DD)7 $957.95 Project Summary Program - Project Payments Deposits General Revolving (GR) - $80,781.78 $0.00 Total:$80,781.78 $0.00 Document Type Summary Document Type 10/31/2025 Lead Paint Risk Assessment No $700.00 Cleared: 16 $70,046.28 Uncleared: 6 $10,735.50 Total Payments: 22 $80,781.78 10/24/2025 HTF DPA 2025-02 Yes $10,494.00 10/24/2025 Zoning Permit Application - Move & Const No $50.00 10/17/2025 HTF-DPA-2025-03 No $9,750.00 10/17/2025 SDCP Construction Yes $2,295.00 10/17/2025 SCDP O & E - Pelican Rapids Yes $95.00 10/17/2025 Sept 25 Payroll, Postage, Supplies, Acct Services Yes $52,888.87 10/17/2025 Professional Fees - General Matters Yes $1,797.96 10/17/2025 Document Destruction Yes $36.00 10/03/2025 #10 Reg Envelopes Yes $354.00 10/17/2025 2024 Final REAC Submission Yes $525.00 10/03/2025 SCDP Lead Paint Assessment Yes $700.00 10/03/2025 Per Diem/Mileage Oct 25 Yes $138.00 10/03/2025 HTF DPA 2025-03 Yes $10,400.00 10/24/2025 Incorrect dollar amount.Yes ($10,400.00) 10/31/2025 Per Diem/MIleage 10-28-25 No $77.80 10/31/2025 Per Deim/Mileage 10-28-25 No $75.00 10/17/2025 Services 8/12-10/7-25 Yes $458.25 10/31/2025 Per Diem/Mileage 10-28-25 No $82.70 10/03/2025 Per Diem/Mileage Oct 25 Yes $77.80 10/03/2025 Per Diem/Mileage Oct 25 Yes $103.70 Payment Date Document Description Cleared Amount 10/03/2025 per Diem/Mileage Oct 25 Yes $82.70 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register General Revolving (GR) Posted Payments www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 1 11/14/2025 2:07:41 PM Printed by: Julie Bakken 12/84 83% Period YTD Annual Remaining Amount Amount Budget Budget INCOME 3610 Interest Income 3703/5353/3741/0054 289.66 5,732.54 8,000.00 (2,267.46)72% 3690 Other Revenue MISC 20,205.00 20,205.00 3690.01 SCDP Administration (DEED) - All Communities 7,049.00 61,200.00 (54,151.00)12% 3690.02 SCDP City/Grant Funds - All Communities 408,598.00 (408,598.00)0% 3691 Levy Revenue 552,871.05 1,457,079.45 1,610,431.00 (153,351.55)90% 3693.02 CHIP Res Owner Occup Housing Lev (ROHL) Repayment 4,572.40 4,572.40 3693.03 CHIP FFHRA Rehab Repayments 4,091.00 4,091.00 3693.05 CHIP Rental Rehab Revolving Loan Payments 982.00 8,831.00 14,704.00 (5,873.00)60% 3697 Owner Match Revenue 1,187.00 1,187.00 TOTAL INCOME 554,142.71 1,508,747.39 2,102,933.00 (594,185.61) EXPENSES 4130 Legal 1,797.96 5,727.74 20,000.00 14,272.26 29% 4140 Staff Training 694.00 6,000.00 5,306.00 12% 4150 Travel 35.15 500.00 464.85 7% 4170 Accounting 5,000.00 45,000.00 60,000.00 15,000.00 75% 4171 Audit 525.00 23,535.00 22,000.00 (1,535.00)107% 4190 Other Administrative Expenses 283.35 16,966.07 (16,966.07) 4190.01 Manuals, Subscriptions 30.00 1,000.00 970.00 3% 4190.02 Office Supplies 440.23 945.06 1,700.00 754.94 56% 4190.03 Postage 252.44 2,079.76 2,500.00 420.24 83% 4190.05 Dues 954.34 1,500.00 545.66 64% 4190.06 Advertising 445.51 445.51 2,000.00 1,554.49 22% 4190.08 Consulting Fees 461.40 4,094.60 50,000.00 45,905.40 8% 4190.2 Management Fees-OTC Admin 39,946.88 373,338.18 620,000.00 246,661.82 60% 4210 Board Member Payments 637.70 4,244.40 4,100.00 (144.40)104% 4420 Maintenance - Materials 838.18 (838.18) 4430.1 Misc Contracts - Software 12,348.00 7,700.00 (4,648.00)160% 4510 Insurance 33,316.78 50,000.00 16,683.22 67% 4570 Housing Choice Voucher Payroll Operating Support 10,060.89 30,000.00 19,939.11 34% 4580 Public Housing Payroll Operating Support 6,907.31 37,339.93 20,000.00 (17,339.93)187% 4590.01 SCDP O & E Reports 95.00 1,140.00 1,235.00 95.00 92% 4590.02 SCDP Lead Based Paint Testing 1,400.00 4,900.00 8,000.00 3,100.00 61% 4590.03 SCDP Construction (DEED)2,295.00 18,735.00 400,000.00 381,265.00 5% 4590.04 SCDP Recording Fees 138.00 598.00 460.00 23% 4592.01 HOP Demolition/Site Clearance 45,000.00 45,000.00 0% 4593.02 CAP Property Acquisition 25,000.00 25,000.00 0% 4593.03 CAP Consulting Fees 10,000.00 10,000.00 0% 4593.04 CAP Architect/Engineering 5,000.00 5,000.00 0% 4593.05 CAP Legal Fees 5,000.00 5,000.00 0% 4593.06 CAP Affordable Senior Housing Program Leverage 125,000.00 125,000.00 0% 4594 CHIP Down Payment Assistance 66,000.00 75,000.00 9,000.00 88% 4595.01 CHIP Emergency Housing Repair Program (EHRP)1,751.46 100,000.00 98,248.54 2% 4595.02 CHIP Res Owner Occupied Housing Leverage (ROHL)138.00 56,000.00 55,862.00 0% 4595.04 CHIP Affordable Rental Unit Constr (ARUC) Program 46.00 100,000.00 99,954.00 0% 4595.05 CHIP Rental Rehabilitation Loan 95.00 50,000.00 49,905.00 0% 4596.50 CWIP Pre-Development Expense 14,680.00 (14,680.00) 4597.01 County Assistance Repay Principal (BUDGET USE ONLY 34,633.00 34,633.00 0% 4597.02 County Assistance Repay Interest-N Fields Dalton (1,993.86)15,821.00 17,814.86 -13% 4694 Housing Trust Fund 50.00 50.00 (50.00) 4694.01 HTF Down Payment Assistance (DPA)20,244.00 30,144.00 (30,144.00) TOTAL EXPENSES 80,781.78 707,817.19 1,955,287.00 1,247,469.81 36% SURPLUS 473,360.93 800,930.20 147,646.00 653,284.20 542% Otter Tail County Housing Redevelopment Authority Operating Statement Ten Months Ending 10/31/2025 Program: General Revolving (GR) Project: Consolidated Percent of Year www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 1 11/14/2025 1:59:24 PM Printed by: Julie Bakken 13/84 Period Amount Balance ASSETS 1111 Cash 472,378.80 3,048,829.03 1111.1 Certificates of Deposit 154,085.56 1111.4 Committed for Housing Trust Fund 769,935.00 1113 Cash Rental Rehab 982.13 3,649.25 1130.1 Loan Receivable-Rental Rehab 44,478.49 1130.2 Loan Receivable-Down Payment Assistance 124,920.00 1130.3 Loan Receivable-Tax Levy Rehab Provision 195,983.97 1130.4 Loan Receivable-Homeowner Rehab 25,577.19 1130.9 Loan Allowance (221,561.16) 1400.6 Land 26,400.00 TOTAL ASSETS 473,360.93 4,172,297.33 LIABILITIES AND SURPLUS LIABILITIES 2130.1 OTC Long-Term Loan 791,045.71 2250 Prepaid Expenses (14,977.35) TOTAL LIABILITIES 776,068.36 SURPLUS 2700 Income/Expense Clearing Account 360,032.25 2700 Income/Expense Clearing Account (Current Year) (12,686.14) 2806 Unrestricted Net Position 2,235,266.52 2806 Unrestricted Net Position (Current Year) 473,360.93 813,616.34 TOTAL SURPLUS 473,360.93 3,396,228.97 TOTAL LIABILITIES AND SURPLUS 473,360.93 4,172,297.33 Otter Tail County Housing Redevelopment Authority Balance Sheet October 2025 Program: General Revolving (GR) Project: Consolidated www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 1 11/14/2025 1:59:24 PM Printed by: Julie Bakken 14/84 Doc Num Voided Type 1626 No DD 1627 No DD 1628 No DD 1629 No DD 1630 No DD 1631 No DD 1632 No DD 1633 No DD 1634 No DD 1635 No DD 1636 No DD 1637 No DD 1638 No DD 1639 No DD 1640 No DD 1641 No DD 1642 No DD 1643 No DD 1644 No DD 1645 No DD 1646 No DD 1647 No DD 1648 No DD 1649 No DD 1650 No DD 1651 No DD 1652 No DD 1653 No DD 1654 No DD 1655 No DD 1656 No DD 1657 No DD 1658 No DD 1659 No DD 1660 No DD 1661 No DD 1662 No DD 1663 No DD 1664 No DD 6774 No CHK 6775 No CHK 6776 No CHK 6777 No CHK 6778 No CHK 6779 No CHK 6780 No CHK 6781 No CHK 6782 No CHK 6783 No CHK 6784 No CHK 6785 No CHK 6786 No CHK 6787 Yes CHK 6787 No VD 6788 No CHK 6789 No CHK 6790 No CHK 6791 No CHK 6792 No CHK 6793 No CHK 6794 No CHK 10/03/2025 Hearing Preparation & Write Up Yes $600.00 10/03/2025 Sept 2025 Meal Reimb Yes $38.52 10/01/2025 Port Out Payment Oct 25 Yes $1,823.54 10/01/2025 Port Out Payment Oct 25 Yes $1,949.30 10/01/2025 HAP Util Payment Oct 25 Yes $34.00 10/01/2025 HAP Util Payment Oct 25 Yes $51.00 10/24/2025 Tenant Terminated Yes ($147.00) 10/01/2025 HAP Util Payment Oct 25 Yes $133.00 10/01/2025 HAP Util Payment Oct 25 Yes $37.00 10/01/2025 HAP Util Payment Oct 25 Yes $147.00 10/01/2025 HAP Util Payment Oct 25 Yes $58.00 10/01/2025 HAP Util Payment Oct 25 Yes $212.00 10/01/2025 HAP Util Payment Oct 25 Yes $12.00 10/01/2025 HAP Util Payment Oct 25 Yes $97.00 10/01/2025 HAP Payment Oct 25 Yes $1,426.00 10/01/2025 HAP Util Payment Oct 25 Yes $134.00 10/01/2025 HAP Payment Oct 25 Yes $700.00 10/01/2025 HAP Payment Oct 25 Yes $347.00 10/01/2025 HAP Payment Oct 25 Yes $508.00 10/01/2025 HAP Payment Oct 25 Yes $322.00 10/01/2025 HAP Payment Oct 25 Yes $313.00 10/01/2025 HAP Payment Oct 25 Yes $217.00 10/01/2025 HAP Payment Oct 25 Yes $325.00 10/01/2025 Port Out Payment Oct 25 Yes $1,147.52 10/01/2025 HAP Payment Oct 25 Yes $333.00 10/01/2025 HAP Payment Oct 25 Yes $2,147.00 10/01/2025 HAP Payment Oct 25 Yes $300.00 10/01/2025 HAP Payment Oct 25 Yes $907.00 10/01/2025 HAP Payment Oct 25 Yes $496.00 10/01/2025 HAP Payment Oct 25 Yes $457.00 10/01/2025 HAP Payment Oct 25 Yes $463.00 10/01/2025 HAP Payment Oct 25 Yes $735.00 10/01/2025 HAP Payment Oct 25 Yes $269.00 10/01/2025 HAP Payment Oct 25 Yes $507.00 10/01/2025 HAP Payment Oct 25 Yes $672.00 10/01/2025 HAP Payment Oct 25 Yes $402.00 10/01/2025 HAP Payment Oct 25 Yes $427.00 10/01/2025 HAP Payment Oct 25 Yes $321.00 10/01/2025 HAP Payment Oct 25 Yes $2,436.00 10/01/2025 HAP Payment Oct 25 Yes $1,359.00 10/01/2025 HAP Payment Oct 25 Yes $650.00 10/01/2025 HAP Payment Oct 25 Yes $377.00 10/01/2025 HAP Payment Oct 25 Yes $4,817.00 10/01/2025 HAP Payment Oct 25 Yes $872.00 10/01/2025 HAP Payment Oct 25 Yes $1,469.00 10/01/2025 HAP Payment Oct 25 Yes $589.00 10/01/2025 HAP Payment Oct 25 Yes $533.00 10/01/2025 HAP Payment Oct 25 Yes $177.00 10/01/2025 HAP Payment Oct 25 Yes $441.00 10/01/2025 HAP Payment Oct 25 Yes $269.00 10/01/2025 HAP Payment Oct 25 Yes $4,575.00 10/01/2025 HAP Payment Oct 25 Yes $465.00 10/01/2025 HAP Payment Oct 25 Yes $365.00 10/01/2025 HAP Payment Oct 25 Yes $602.00 10/01/2025 HAP Payment Oct 25 Yes $498.00 10/01/2025 HAP Payment Oct 25 Yes $400.00 10/01/2025 HAP Payment Oct 25 Yes $579.00 10/01/2025 HAP Payment Oct 25 Yes $800.00 10/01/2025 HAP Payment Oct 25 Yes $551.00 10/01/2025 HAP Payment Oct 25 Yes $386.00 Payment Date Document Description Cleared Amount 10/01/2025 HAP Payment Oct 25 Yes $507.00 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Housing Choice Vouchers Posted Payments www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 2 11/14/2025 2:21:09 PM Printed by: Julie Bakken 15/84 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Housing Choice Vouchers 6795 No CHK 6796 No CHK 6797 No CHK 6798 No CHK End of Report Total:65 $52,717.89 Vendor Accounting - 6 $10,718.53 Vendor Accounting Total 6 $10,718.53 HAP Accounting Total 56 $37,079.00 HAP Accounting - 55 $37,226.00 HAP Void 1 ($147.00) Portability/Subsidy Out 3 $4,920.36 Transaction Type Summary Transaction Type Count Amount Port/Sub Out - Payment 3 $4,920.36 Total:65 $52,717.89 Check (CHK)25 $19,239.37 Void Payment (VD)1 ($147.00) Count Amount Direct Deposit (DD)39 $33,625.52 Project Summary Program - Project Payments Deposits Housing Choice $52,717.89 $0.00 Total:$52,717.89 $0.00 Document Type Summary Document Type Cleared: 62 $50,314.09 Uncleared: 3 $2,403.80 Total Payments: 65 $52,717.89 10/31/2025 Unclaimed Property 2025 Submission No $285.00 10/31/2025 UApro Utility Allow Renewal & Reasonable Accommodations No $2,095.00 10/17/2025 Sept 2025 HCV Payroll, MN NAHRO Yes $7,676.21 10/31/2025 Mileage Reimb Oct 25 No $23.80 www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 2 of 2 11/14/2025 2:21:09 PM Printed by: Julie Bakken 16/84 83% Period YTD Annual Remaining Amount Amount Budget Budget INCOME 3110 Dwelling Rent HAP Repayment 20,236.00 20,236.00 3301 Admin Subsidy 7,282.00 83,173.00 69,800.00 13,373.00 119% 3301.1 HAP Subsidy 42,003.00 474,465.00 515,000.00 (40,535.00)92% 3610 Investment Income (0062)10.58 92.55 130.00 (37.45)71% 3690.1 Other Revenue HAP 30,000.00 (30,000.00)0% TOTAL INCOME 49,295.58 577,966.55 614,930.00 (36,963.45)94% EXPENSES 4140 Staff Training 288.70 2,529.70 4,400.00 1,870.30 57% 4150 Travel 62.32 398.95 250.00 (148.95)160% 4190 Other Admin Expenses (Apps, Service Charges)70.00 169.00 400.00 231.00 42% 4190.01 Manuals, Subscriptions 4,528.00 8,500.00 3,972.00 53% 4190.08 Consulting Fees 2,695.00 2,845.00 (2,845.00) 4190.2 Management Fees-OTC 7,387.51 60,840.12 55,000.00 (5,840.12)111% 4715.1 HAP Occupied Units 37,079.00 419,652.00 515,000.00 95,348.00 81% 4715.P HAP-Portability Out 4,944.00 23,746.00 15,000.00 (8,746.00)158% 4716.P Port Out Admin Fee 199.90 756.74 500.00 (256.74)151% TOTAL EXPENSES 52,726.43 515,465.51 599,050.00 83,584.49 86% SURPLUS (3,430.85)62,501.04 15,880.00 46,621.04 394% Otter Tail County Housing Redevelopment Authority Operating Statement Ten Months Ending 10/31/2025 Program: Housing Choice Vouchers Project: Consolidated Percent of Year www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 1 11/14/2025 2:12:24 PM Printed by: Julie Bakken 17/84 Period Amount Balance ASSETS 1111 Cash Unrestricted (3,207.31)114,315.04 1121 Fraud A/R 19,559.00 1129 A/R Tenants 677.00 TOTAL ASSETS (3,207.31)134,551.04 LIABILITIES AND SURPLUS LIABILITIES 2112 A/P HAP 223.54 3,269.08 TOTAL LIABILITIES 223.54 3,269.08 SURPLUS 2700 Inc & Exp Clearing 4,078.69 2805 Restricted Net Position 26,005.74 2805 Restricted Net Position (Current Year) (20.00)31,067.00 2806 Unrestricted Position 38,696.49 2806 Unrestricted Position (Current Year) (3,410.85)31,434.04 TOTAL SURPLUS (3,430.85)131,281.96 TOTAL LIABILITIES AND SURPLUS (3,207.31)134,551.04 Otter Tail County Housing Redevelopment Authority Balance Sheet October 2025 Program: Housing Choice Vouchers Project: Consolidated www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 1 11/14/2025 2:12:24 PM Printed by: Julie Bakken 18/84 Doc Num Voided Type #01-00000684-00-1 Oct 25 No INV #01-00000683-00-0 Oct 25 No INV #01-00010108-00-9 Oct 25 No INV #01-00010350-00-0 Oct 25 No INV #01-00010787-00-4 Oct 25 No INV #440572 No INV #480160 No INV #480161 Oct 25 No INV #991 721 5394 4 Oct 25 No INV 7537 No CHK 7538 No CHK 7539 No CHK 7540 No CHK 7541 No CHK 7542 No CHK 7543 No CHK 7544 No CHK 7545 No CHK 7546 No CHK 7547 No CHK 7548 No CHK 7549 No CHK 7550 No CHK 7551 No CHK Doc Num Voided Type No OP No OP No CHK No OP No OP 103 No CHK 1026 No CHK 1071 No CHK 1089 No CHK 1090 No CHK 1362 No CHK 2873 No CHK 5020 No CHK 5021 No CHK 12902-GNH No CHK 12903-GNH No CHK 13076-GNH No CHK 13077-GNH No CHK 2030-Jodi Holtti No CHK 22-107869635 No MO 22-109370857 No MO Wadena Co Human Serv No CHK Count Amount Project Summary Program - Project Payments Deposits Public Housing - Family $9,481.95 $7,988.92 Total:$9,481.95 $7,988.92 Document Type Summary Document Type Cleared: 22 $7,988.92 Uncleared: 0 $0.00 Total Deposits: 22 $7,988.92 10/23/2025 Payment - Money Order Yes $223.79 10/06/2025 Payment - Check Yes $835.00 10/06/2025 Payment - Check Yes $150.00 10/06/2025 Payment - Money Order Yes $175.95 10/27/2025 Payment - Check Yes $35.18 10/27/2025 Payment - Check Yes $35.18 10/15/2025 Payment - Check Yes $37.74 10/15/2025 Payment - Check Yes $37.74 10/06/2025 Payment - Check Yes $900.00 10/27/2025 Payment - Check Yes $1,087.15 10/06/2025 Payment - Check Yes $99.26 10/15/2025 Payment - Check Yes $800.00 10/02/2025 Payment - Check Yes $835.00 10/15/2025 Payment - Check Yes $102.61 10/02/2025 Payment - Check Yes $151.42 10/06/2025 Payment - Check Yes $1,000.00 10/30/2025 Payment - Online Payment Yes $111.21 10/27/2025 Payment - Check Yes $167.00 10/15/2025 Payment - Check Yes $167.53 10/14/2025 Payment - Online Payment Yes $160.38 10/03/2025 Payment - Online Payment Yes $616.00 10/09/2025 Payment - Online Payment Yes $260.78 Posted Deposits Control Date Document Description Cleared Amount 10/31/2025 PH ACpro Utility Allowance Renewal No $1,795.00 Cleared: 11 $6,854.90 Uncleared: 13 $2,627.05 Total Payments: 24 $9,481.95 10/31/2025 Door Stops, Outlets, Nails, Etc.No $179.47 10/31/2025 Fluorescent Lamps No $7.98 10/17/2025 Vanity Drain - 506 Marshall, Henning Yes $100.00 10/31/2025 Furnace Filters, Switch No $15.96 10/17/2025 Supplies Yes $213.12 10/17/2025 Demolition Yes $24.00 10/17/2025 Solar Salt Yes $22.20 10/17/2025 Water, Gas, Sewer Yes $626.36 10/03/2025 Water Heater Service Call 504 Marshall Yes $100.00 10/17/2025 2026 Permit Water To Sewer Yes $50.00 10/03/2025 Flooring 206 Holden Henning-Balance Due Yes $5,422.50 10/03/2025 Mileage Reimb Sept 25 Yes $20.31 10/03/2025 Keys Yes $167.62 10/03/2025 Supplies & Restocking Fee of Door Yes $108.79 10/31/2025 Gas No $10.38 10/13/2025 Gas No $15.21 10/31/2025 Gas No $52.37 10/31/2025 Gas No $72.19 10/27/2025 Water, Sewer No $94.20 10/27/2025 Water, Sewer No $97.71 10/30/2025 Water, Sewer No $82.78 10/27/2025 Water, Sewer No $104.66 Payment Date Document Description Cleared Amount 10/30/2025 Water, Sewer No $99.14 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Public Housing Posted Payments www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 2 11/14/2025 2:35:11 PM Printed by: Julie Bakken 19/84 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Public Housing End of Report Total:46 $17,470.87 Tenant Accounting - 22 $7,988.92 Tenant Accounts 22 $7,988.92 Vendor Accounting 24 $9,481.95 Vendor Accounting - 9 $628.64 Vendor Accounting - 15 $8,853.31 Transaction Type Summary Transaction Type Count Amount Money Order (MO)2 $399.74 Total:46 $17,470.87 Check (CHK)31 $15,294.12 Invoice (INV)9 $628.64 Online Payment (OP)4 $1,148.37 www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 2 of 2 11/14/2025 2:35:11 PM Printed by: Julie Bakken 20/84 83% Period YTD Annual Remaining Amount Amount Budget Budget INCOME 3110 Dwelling Rental 5,213.00 52,662.00 39,500.00 13,162.00 133% 3401.1 HUD Operating Subsidy 15,792.00 38,942.00 32,000.00 6,942.00 122% 3401.2 HUD Capital Funds-Operations/Admin 14,108.00 7,000.00 7,108.00 202% 3401.3 HUD Capital Funds-Project 59,082.15 35,000.00 24,082.15 169% 3610 Interest Income (5673/0070)9.52 92.31 250.00 (157.69)37% 3690 Other Income (NSF, Late Fee, GR Support)643.00 21,000.00 (20,357.00)3% 3690.1 Water Charge Income 620.01 6,120.72 7,000.00 (879.28)87% 3690.2 Electric Charge Income 948.75 9,427.88 13,000.00 (3,572.12)73% 3690.3 Gas Charge Income 316.13 8,439.77 10,000.00 (1,560.23)84% 3690.31 Sewer Charge Income 703.07 6,971.56 7,500.00 (528.44)93% 3690.4 Other Tenant Charges (Maint)4,763.35 10,209.21 10,209.21 TOTAL INCOME 28,365.83 206,698.60 172,250.00 34,448.60 120% EXPENSES 4130 Legal 2,000.00 2,000.00 0% 4140 Staff Training 229.00 4,400.00 4,171.00 5% 4150 Travel 20.31 203.09 300.00 96.91 68% 4171 Audit 2,400.00 2,400.00 100% 4190 Other Admin Expenses (Reports, Apps)97.54 633.19 200.00 (433.19)317% 4190.01 Manuals, Subscriptions 1,139.00 650.00 (489.00)175% 4190.06 Advertising 200.00 200.00 0% 4190.08 Consulting Fees 1,795.00 2,308.59 (2,308.59) 4190.2 Management Fees-OTC 25,000.00 25,000.00 100% 4310 Water 659.76 5,785.77 7,000.00 1,214.23 83% 4320 Electric 1,007.39 7,276.34 13,000.00 5,723.66 56% 4330 Gas 337.17 7,875.15 10,000.00 2,124.85 79% 4331 Sewer 742.97 6,586.97 7,500.00 913.03 88% 4420 Maintenance - Materials 595.40 9,172.84 6,000.00 (3,172.84)153% 4430 Maintenance - Contracts 5,694.70 37,192.72 14,000.00 (23,192.72)266% 4431 Garbage and Trash Removal Contracts 24.00 1,500.76 500.00 (1,000.76)300% 4510 Insurance 30,964.60 28,500.00 (2,464.60)109% 4520 PILOT 3,330.00 3,330.00 0% 4521 Assessments 969.26 1,050.00 80.74 92% 4570 Collection Loss 500.00 500.00 0% 4580 Interest Expense (on Security Deposits)5.53 100.00 94.47 6% 4600 Capital Fund Projects 59,082.15 40,000.00 (19,082.15)148% 4610 Extraordinary Maintenance 3,500.00 3,500.00 0% TOTAL EXPENSES 10,974.24 198,324.96 170,130.00 (28,194.96)117% SURPLUS 17,391.59 8,373.64 2,120.00 6,253.64 395% Otter Tail County Housing Redevelopment Authority Operating Statement Ten Months Ending 10/31/2025 Program: Public Housing Project: Consolidated Percent of Year www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 1 11/14/2025 2:27:35 PM Printed by: Julie Bakken 21/84 Period Amount Balance ASSETS 1111 Cash 12,816.20 101,180.40 1114 Tenant Security Deposit Cash 10,018.41 1122 A/R Tenants 4,844.26 17,670.24 1122.1 Allowance for Doubtful Accts (200.00) 1123 A/R Deposits (835.00) 1129 A/R Other 0.83 1400.5 Accumulated Depreciation (1,154,045.22) 1400.6 Land 32,990.31 1400.7 Buildings 1,687,791.45 TOTAL ASSETS 16,825.46 695,406.42 LIABILITIES AND SURPLUS LIABILITIES 2111.1 A/P Tenants (250.00) 2114 Tenant Security Deposits (876.26)10,853.41 2119 Accounts Payable (418.66) 2119.1 A/P Admin 418.66 2240 Tenants Prepaid Rent 560.13 1,644.77 TOTAL LIABILITIES (566.13)12,498.18 SURPLUS 2700 Income/Expense Clearing Account (98,087.27) 2700 Income/Expense Clearing Account (Current Year) 17,391.59 8,373.64 2802 Invested in Capital Assets, Net of Related Debt 679,466.94 2806 Unrestricted Net Position 93,154.93 TOTAL SURPLUS 17,391.59 682,908.24 TOTAL LIABILITIES AND SURPLUS 16,825.46 695,406.42 Otter Tail County Housing Redevelopment Authority Balance Sheet October 2025 Program: Public Housing Project: Consolidated www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 1 11/14/2025 2:27:34 PM Printed by: Julie Bakken 22/84 Doc Num Voided Type 1031 No CHK 1032 No CHK 1033 No CHK 1034 No CHK 1035 No CHK 1036 No CHK 1037 No CHK 02-00002351-00-7 SEP 2025 No INV 02-00002371-00-3 SEP 2025 No INV 20118158 SEP2025 No INV 20118160 SEP 2025 No INV 20118161 SEP 2025 No INV 20118163 SEP 2025 No INV 20118164 SEP 2025 No INV 20118165 SEP 2025 No INV Doc Num Voided Type 1251 No CHK 1253 No CHK 5552 No CHK 12526 No CHK 12527 No CHK 22-107869601 No MO End of Report Total:21 $5,343.16 Tenant Accounts 6 $3,199.35 Tenant Accounting - 6 $3,199.35 Vendor Accounting - 7 $1,347.59 Vendor Accounting Total 15 $2,143.81 Transaction Type Summary Transaction Type Count Amount Vendor Accounting - 8 $796.22 Total:21 $5,343.16 Invoice (INV)8 $796.22 Money Order (MO)1 $989.37 Count Amount Check (CHK)12 $3,557.57 Project Summary Program - Project Payments Deposits Finding Home I LLC - $2,143.81 $3,199.35 Total:$2,143.81 $3,199.35 Document Type Summary Document Type Cleared: 6 $3,199.35 Uncleared: 0 $0.00 Total Deposits: 6 $3,199.35 10/27/2025 Payment - Check Yes $725.00 10/03/2025 Payment - Money Order Yes $989.37 10/02/2025 Payment - Check Yes $978.99 10/27/2025 Payment - Check Yes $83.75 10/03/2025 Payment - Check Yes $362.50 10/27/2025 Payment - Check Yes $59.74 Posted Deposits Control Date Document Description Cleared Amount Cleared: 5 $680.71 Uncleared: 10 $1,463.10 Total Payments: 15 $2,143.81 10/08/2025 ELECTRIC No $59.74 10/08/2025 ELECTRIC No $62.41 10/08/2025 ELECTRIC No $41.32 10/08/2025 ELECTRIC No $41.80 10/08/2025 ELECTRIC No $108.48 10/08/2025 ELECTRIC No $83.75 10/14/2025 WATER/SEWER Yes $195.56 10/03/2025 WATER/SEWER Yes $203.16 10/31/2025 MAINTENANCE SUPPLIES No $34.62 10/31/2025 FLOOR REPAIRS No $450.00 10/31/2025 LAWN CARE MAINTENANCE No $545.00 10/31/2025 GRASS SEED No $35.98 10/17/2025 GARBAGE Yes $135.35 10/17/2025 FURNACE FILTERS Yes $67.76 Payment Date Document Description Cleared Amount 10/03/2025 KEY SERVICE Yes $78.88 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register October 2025 Finding Home I LLC Posted Payments www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 1 11/14/2025 1:49:40 PM Printed by: Julie Bakken 23/84 83% Period YTD Annual Remaining Amount Amount Budget Budget INCOME 3110 Rent Revenue 3,300.00 32,439.00 60,000.00 (27,561.00)54% 3210 Replacement Reserves (Emergency/Updating)2,100.00 (2,100.00)0% 3610 Interest Income 1.69 12.90 12.90 3690 Other Income (NSF, Late Fees)124.00 5,100.00 (4,976.00)2% TOTAL INCOME 3,301.69 32,575.90 67,200.00 (34,624.10)48% EXPENSES 4130 Legal 1,500.00 1,500.00 0% 4150 Travel 16.80 (16.80) 4190 Administrative Expense (1.50)500.00 501.50 0% 4190.06 Advertising/Marketing/Printing 750.00 750.00 0% 4310 Water 210.72 2,046.39 3,000.00 953.61 68% 4320 Electric 21.31 615.86 1,000.00 384.14 62% 4331 Sewer 188.00 1,692.00 2,400.00 708.00 71% 4410 Maintenance-Labor 2,000.00 2,000.00 0% 4420 Maintenance-Materials 217.24 2,120.01 1,500.00 (620.01)141% 4430 Maintenance-Contracts 995.00 4,628.28 12,900.00 8,271.72 36% 4431 Garbage/Trash Removal 135.35 1,488.87 3,300.00 1,811.13 45% 4510 Insurance 5,031.22 5,000.00 (31.22)101% 4521 Property Taxes/Assessments 5,200.00 5,200.00 0% TOTAL EXPENSES 1,767.62 17,637.93 39,050.00 21,412.07 45% SURPLUS 1,534.07 14,937.97 28,150.00 (13,212.03)53% Otter Tail County Housing Redevelopment Authority Operating Statement Ten Months Ending 10/31/2025 Program: Finding Home I LLC Project: Consolidated Percent of Year www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 1 11/14/2025 1:12:30 PM Printed by: Julie Bakken 24/84 Period Amount Balance ASSETS 1111 Cash 1,119.04 36,476.86 1114 Tenant Security Deposit Cash 3,300.00 1122 A/R Tenants 106.52 170.89 1400.5 Accumulated Depreciation (2,034.50) 1400.6 Land 13,500.00 1400.7 Buildings 1,456,410.28 TOTAL ASSETS 1,225.56 1,507,823.53 LIABILITIES AND SURPLUS LIABILITIES 2114 Tenant Security Deposit 3,300.00 2240 Tenant Prepaid Rents (308.51)1,672.46 TOTAL LIABILITIES (308.51)4,972.46 SURPLUS 2700 Income/Expense Clearing Account 1,487,913.10 2700 Income/Expense Clearing Account (Current Year) 1,534.07 14,937.97 TOTAL SURPLUS 1,534.07 1,502,851.07 TOTAL LIABILITIES AND SURPLUS 1,225.56 1,507,823.53 Otter Tail County Housing Redevelopment Authority Balance Sheet October 2025 Program: Finding Home I LLC Project: Consolidated www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 1 11/14/2025 1:12:30 PM Printed by: Julie Bakken 25/84 Doc Num Voided Type 176 No DD 177 No DD 178 No DD 179 No DD 180 No DD 1658 No CHK 1659 No CHK 1660 No CHK 1661 No CHK 1662 No CHK 1663 No CHK 1664 No CHK 1665 No CHK 1666 No CHK 1667 No CHK End of Report Total:15 $121,860.27 Vendor Accounting - 15 $121,860.27 Vendor Accounting Total 15 $121,860.27 Transaction Type Summary Transaction Type Count Amount Check (CHK)10 $121,170.32 Total:15 $121,860.27 Count Amount Direct Deposit (DD)5 $689.95 Project Summary Program - Project Payments Deposits General Revolving (GR) - $121,860.27 $0.00 Total:$121,860.27 $0.00 Document Type Summary Document Type Cleared: 11 $114,370.77 Uncleared: 4 $7,489.50 Total Payments: 15 $121,860.27 11/26/2025 Document Destruction No $36.00 11/26/2025 Nov 25 Expe Reimb Yes $35.55 11/26/2025 Legal Services - Cabin Donation No $1,147.50 11/26/2025 Retirement Adv Serv (PRCom2025-01) - Down Pmt Windows/Doors No $5,765.00 11/14/2025 Loan Repayment #2 Nov 2025 Yes $50,454.29 11/14/2025 Radon Mitigation Testing - SCDP Diaz Yes $2,375.00 11/14/2025 2026 Agency Membership No $541.00 11/14/2025 Oct 25 Payroll, Postage, Acct Serv, Lang Line Yes $55,708.94 11/14/2025 DEED PRCom2025-01 Yes $4,907.04 11/14/2025 Class 213 & 206 - Bakken Yes $200.00 11/14/2025 Per Diem/Mileage Nov 25 Yes $103.70 11/26/2025 Contracted Services 10/7/25-11/17/25 Yes $308.75 11/14/2025 Per Diem/Mileage Nov 25 Yes $77.80 11/14/2025 Per Diem/Mileage Nov 25 Yes $106.50 Payment Date Document Description Cleared Amount 11/14/2025 Per Diem/Mileage Nov 25 Yes $93.20 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register General Revolving (GR) Posted Payments www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 1 12/2/2025 11:02:28 AM Printed by: Julie Bakken 26/84 92% Period YTD Annual Remaining Amount Amount Budget Budget INCOME 3610 Interest Income 3703/5353/3741/0054 171.33 5,903.87 8,000.00 (2,096.13)74% 3690 Other Revenue MISC 20,205.00 20,205.00 3690.01 SCDP Administration (DEED) - All Communities 7,049.00 61,200.00 (54,151.00)12% 3690.02 SCDP City/Grant Funds - All Communities 408,598.00 (408,598.00)0% 3691 Levy Revenue 104,155.17 1,561,234.62 1,610,431.00 (49,196.38)97% 3693.02 CHIP Res Owner Occup Housing Lev (ROHL) Repayment 4,572.40 4,572.40 3693.03 CHIP FFHRA Rehab Repayments 4,091.00 4,091.00 3693.05 CHIP Rental Rehab Revolving Loan Payments 580.00 9,411.00 14,704.00 (5,293.00)64% 3697 Owner Match Revenue 10,865.22 12,052.22 12,052.22 TOTAL INCOME 115,771.72 1,624,519.11 2,102,933.00 (478,413.89) EXPENSES 4130 Legal 1,147.50 6,875.24 20,000.00 13,124.76 34% 4140 Staff Training 200.00 894.00 6,000.00 5,106.00 15% 4150 Travel 35.15 500.00 464.85 7% 4170 Accounting 5,000.00 50,000.00 60,000.00 10,000.00 83% 4171 Audit 23,535.00 22,000.00 (1,535.00)107% 4190 Other Administrative Expenses 36.00 17,002.07 (17,002.07) 4190.01 Manuals, Subscriptions 30.00 1,000.00 970.00 3% 4190.02 Office Supplies 945.06 1,700.00 754.94 56% 4190.03 Postage 421.57 2,501.33 2,500.00 (1.33)100% 4190.05 Dues 954.34 1,500.00 545.66 64% 4190.06 Advertising 445.51 2,000.00 1,554.49 22% 4190.08 Consulting Fees 326.60 4,421.20 50,000.00 45,578.80 9% 4190.2 Management Fees-OTC Admin 40,094.47 413,432.65 620,000.00 206,567.35 67% 4210 Board Member Payments 381.20 4,625.60 4,100.00 (525.60)113% 4420 Maintenance - Materials 838.18 (838.18) 4430.1 Misc Contracts - Software 12,348.00 7,700.00 (4,648.00)160% 4510 Insurance 33,316.78 50,000.00 16,683.22 67% 4570 Housing Choice Voucher Payroll Operating Support 3,243.53 13,304.42 30,000.00 16,695.58 44% 4580 Public Housing Payroll Operating Support 6,967.07 44,307.00 20,000.00 (24,307.00)222% 4590.01 SCDP O & E Reports 1,140.00 1,235.00 95.00 92% 4590.02 SCDP Lead Based Paint Testing 4,900.00 8,000.00 3,100.00 61% 4590.03 SCDP Construction (DEED)13,047.04 31,782.04 400,000.00 368,217.96 8% 4590.04 SCDP Recording Fees 138.00 598.00 460.00 23% 4592.01 HOP Demolition/Site Clearance 45,000.00 45,000.00 0% 4593.02 CAP Property Acquisition 25,000.00 25,000.00 0% 4593.03 CAP Consulting Fees 10,000.00 10,000.00 0% 4593.04 CAP Architect/Engineering 5,000.00 5,000.00 0% 4593.05 CAP Legal Fees 5,000.00 5,000.00 0% 4593.06 CAP Affordable Senior Housing Program Leverage 125,000.00 125,000.00 0% 4594 CHIP Down Payment Assistance 66,000.00 75,000.00 9,000.00 88% 4595.01 CHIP Emergency Housing Repair Program (EHRP)1,751.46 100,000.00 98,248.54 2% 4595.02 CHIP Res Owner Occupied Housing Leverage (ROHL)138.00 56,000.00 55,862.00 0% 4595.04 CHIP Affordable Rental Unit Constr (ARUC) Program 46.00 100,000.00 99,954.00 0% 4595.05 CHIP Rental Rehabilitation Loan 95.00 50,000.00 49,905.00 0% 4596.50 CWIP Pre-Development Expense 14,680.00 (14,680.00) 4597.01 County Assistance Repay Principal (BUDGET USE ONLY 34,633.00 34,633.00 0% 4597.02 County Assistance Repay Interest-N Fields Dalton 15,820.91 13,827.05 15,821.00 1,993.95 87% 4694 Housing Trust Fund 50.00 (50.00) 4694.01 HTF Down Payment Assistance (DPA)30,144.00 (30,144.00) TOTAL EXPENSES 86,685.89 794,503.08 1,955,287.00 1,160,783.92 41% SURPLUS 29,085.83 830,016.03 147,646.00 682,370.03 562% Otter Tail County Housing Redevelopment Authority Operating Statement Eleven Months Ending 11/30/2025 Program: General Revolving (GR) Project: Consolidated Percent of Year www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 1 12/2/2025 9:45:45 AM Printed by: Julie Bakken 27/84 Period Amount Balance ASSETS 1111 Cash (6,668.60)3,042,160.43 1111.1 Certificates of Deposit 154,085.56 1111.4 Committed for Housing Trust Fund 769,935.00 1113 Cash Rental Rehab 580.05 4,229.30 1130.1 Loan Receivable-Rental Rehab 44,478.49 1130.2 Loan Receivable-Down Payment Assistance 124,920.00 1130.3 Loan Receivable-Tax Levy Rehab Provision 195,983.97 1130.4 Loan Receivable-Homeowner Rehab 25,577.19 1130.9 Loan Allowance (221,561.16) 1400.6 Land 26,400.00 TOTAL ASSETS (6,088.55)4,166,208.78 LIABILITIES AND SURPLUS LIABILITIES 2130 OTC Short-Term Loan (34,633.38)(34,633.38) 2130.1 OTC Long-Term Loan 791,045.71 2250 Prepaid Expenses (541.00)(15,518.35) TOTAL LIABILITIES (35,174.38)740,893.98 SURPLUS 2700 Income/Expense Clearing Account 360,032.25 2700 Income/Expense Clearing Account (Current Year) (15,820.91)(28,507.05) 2806 Unrestricted Net Position 2,235,266.52 2806 Unrestricted Net Position (Current Year) 44,906.74 858,523.08 TOTAL SURPLUS 29,085.83 3,425,314.80 TOTAL LIABILITIES AND SURPLUS (6,088.55)4,166,208.78 Otter Tail County Housing Redevelopment Authority Balance Sheet November 2025 Program: General Revolving (GR) Project: Consolidated www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 1 12/2/2025 9:45:44 AM Printed by: Julie Bakken 28/84 Doc Num Voided Type 1665 No DD 1666 No DD 1667 No DD 1668 No DD 1669 No DD 1670 No DD 1671 No DD 1672 No DD 1673 No DD 1674 No DD 1675 No DD 1676 No DD 1677 No DD 1678 No DD 1679 No DD 1680 No DD 1681 No DD 1682 No DD 1683 No DD 1684 No DD 1685 No DD 1686 No DD 1687 No DD 1688 No DD 1689 No DD 1690 No DD 1691 No DD 1692 No DD 1693 No DD 1694 No DD 1695 No DD 1696 No DD 1697 No DD 1698 No DD 1699 No DD 1700 No DD 1701 No DD 1702 No DD 6799 No CHK 6800 No CHK 6801 No CHK 6802 No CHK 6803 No CHK 6804 No CHK 6805 No CHK 6806 No CHK 6807 No CHK 6808 No CHK 6809 No CHK 6810 No CHK11/01/2025 HAP Util Payment Nov 25 Yes $58.00 11/01/2025 HAP Util Payment Nov 25 Yes $12.00 11/01/2025 HAP Util Payment Nov 25 Yes $97.00 11/01/2025 HAP Payment Nov 25 Yes $1,432.00 11/01/2025 HAP Util Payment Nov 25 Yes $134.00 11/01/2025 HAP Payment Nov 25 Yes $347.00 11/01/2025 HAP Payment Nov 25 Yes $268.00 11/01/2025 HAP Payment Nov 25 No $322.00 11/01/2025 HAP Payment Nov 25 Yes $700.00 11/01/2025 HAP Payment Nov 25 Yes $217.00 11/01/2025 HAP Payment Nov 25 Yes $508.00 11/01/2025 Port Out Payment Nov 25 Yes $1,147.52 11/01/2025 HAP Payment Nov 25 Yes $305.00 11/01/2025 HAP Payment Nov 25 Yes $2,147.00 11/01/2025 HAP Payment Nov 25 Yes $325.00 11/01/2025 HAP Payment Nov 25 Yes $907.00 11/01/2025 HAP Payment Nov 25 Yes $333.00 11/01/2025 HAP Payment Nov 25 Yes $457.00 11/01/2025 HAP Payment Nov 25 Yes $300.00 11/01/2025 HAP Payment Nov 25 Yes $735.00 11/01/2025 HAP Payment Nov 25 Yes $496.00 11/01/2025 HAP Payment Nov 25 Yes $507.00 11/01/2025 HAP Payment Nov 25 Yes $463.00 11/01/2025 HAP Payment Nov 25 Yes $402.00 11/01/2025 HAP Payment Nov 25 Yes $269.00 11/01/2025 HAP Payment Nov 25 Yes $321.00 11/01/2025 HAP Payment Nov 25 Yes $672.00 11/01/2025 HAP Payment Nov 25 Yes $1,359.00 11/01/2025 HAP Payment Nov 25 Yes $427.00 11/01/2025 HAP Payment Nov 25 Yes $377.00 11/01/2025 HAP Payment Nov 25 Yes $2,436.00 11/01/2025 HAP Payment Nov 25 Yes $1,023.00 11/01/2025 HAP Payment Nov 25 Yes $650.00 11/01/2025 HAP Payment Nov 25 Yes $589.00 11/01/2025 HAP Payment Nov 25 Yes $3,797.00 11/01/2025 HAP Payment Nov 25 Yes $533.00 11/01/2025 HAP Payment Nov 25 Yes $1,469.00 11/01/2025 HAP Payment Nov 25 Yes $399.00 11/01/2025 HAP Payment Nov 25 Yes $269.00 11/01/2025 HAP Payment Nov 25 Yes $4,575.00 11/01/2025 HAP Payment Nov 25 Yes $323.00 11/01/2025 HAP Payment Nov 25 Yes $365.00 11/01/2025 HAP Payment Nov 25 Yes $525.00 11/01/2025 HAP Payment Nov 25 Yes $498.00 11/01/2025 HAP Payment Nov 25 Yes $400.00 11/01/2025 HAP Payment Nov 25 Yes $579.00 11/01/2025 HAP Payment Nov 25 Yes $800.00 11/01/2025 HAP Payment Nov 25 Yes $551.00 11/01/2025 HAP Payment Nov 25 Yes $386.00 Payment Date Document Description Cleared Amount 11/01/2025 HAP Payment Nov 25 Yes $507.00 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Housing Choice Vouchers Posted Payments www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 2 12/2/2025 11:14:59 AM Printed by: Julie Bakken 29/84 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Housing Choice Vouchers 6811 No CHK 6812 No CHK 6813 No CHK 6814 No CHK 6815 No CHK 6816 No CHK 6817 No CHK 6818 No CHK 6819 No CHK 6820 No CHK End of Report Total:60 $48,439.76 Vendor Accounting - 3 $5,379.78 Vendor Accounting Total 3 $5,379.78 HAP Accounting Total 53 $36,001.00 HAP Accounting - 53 $36,001.00 Port/Sub Out - Payment 4 $7,058.98 Portability/Subsidy Out 4 $7,058.98 Transaction Type Summary Transaction Type Count Amount Check (CHK)22 $16,121.24 Total:60 $48,439.76 Count Amount Direct Deposit (DD)38 $32,318.52 Project Summary Program - Project Payments Deposits Housing Choice $48,439.76 $0.00 Total:$48,439.76 $0.00 Document Type Summary Document Type 11/26/2025 Hearing Prep & Write Up No $330.00 Cleared: 58 $47,787.76 Uncleared: 2 $652.00 Total Payments: 60 $48,439.76 11/14/2025 HCV Program Question Yes $37.50 11/14/2025 HCV Payroll, MN NAHRO Conference Lodging Yes $5,012.28 11/01/2025 Port Out Payment Nov 25 Yes $2,872.62 11/01/2025 Port Out Payment Nov 25 Yes $1,823.54 11/01/2025 HAP Util Payment Nov 25 Yes $51.00 11/01/2025 Port Out Payment Nov 25 Yes $1,215.30 11/01/2025 HAP Util Payment Nov 25 Yes $133.00 11/01/2025 HAP Util Payment Nov 25 Yes $34.00 11/01/2025 HAP Util Payment Nov 25 Yes $212.00 www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 2 of 2 12/2/2025 11:14:59 AM Printed by: Julie Bakken 30/84 92% Period YTD Annual Remaining Amount Amount Budget Budget INCOME 3110 Dwelling Rent HAP Repayment 20,236.00 20,236.00 3301 Admin Subsidy 2,368.00 85,541.00 69,800.00 15,741.00 123% 3301.1 HAP Subsidy 41,791.00 516,256.00 515,000.00 1,256.00 100% 3610 Investment Income (0062)5.42 97.97 130.00 (32.03)75% 3690.1 Other Revenue HAP 30,000.00 (30,000.00)0% TOTAL INCOME 44,164.42 622,130.97 614,930.00 7,200.97 101% EXPENSES 4140 Staff Training 868.30 3,398.00 4,400.00 1,002.00 77% 4150 Travel 398.95 250.00 (148.95)160% 4190 Other Admin Expenses (Apps, Service Charges)169.00 400.00 231.00 42% 4190.01 Manuals, Subscriptions 4,528.00 8,500.00 3,972.00 53% 4190.08 Consulting Fees 367.50 3,212.50 (3,212.50) 4190.2 Management Fees-OTC 4,143.98 64,984.10 55,000.00 (9,984.10)118% 4715.1 HAP Occupied Units 36,001.00 455,368.00 515,000.00 59,632.00 88% 4715.P HAP-Portability Out 4,944.00 28,690.00 15,000.00 (13,690.00)191% 4716.P Port Out Admin Fee 199.90 956.64 500.00 (456.64)191% TOTAL EXPENSES 46,524.68 561,705.19 599,050.00 37,344.81 94% SURPLUS (2,360.26)60,425.78 15,880.00 44,545.78 381% Otter Tail County Housing Redevelopment Authority Operating Statement Eleven Months Ending 11/30/2025 Program: Housing Choice Vouchers Project: Consolidated Percent of Year www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 1 12/2/2025 9:55:57 AM Printed by: Julie Bakken 31/84 Period Amount Balance ASSETS 1111 Cash Unrestricted (4,275.34)110,039.70 1121 Fraud A/R 19,559.00 1129 A/R Tenants 677.00 TOTAL ASSETS (4,275.34)130,275.70 LIABILITIES AND SURPLUS LIABILITIES 2112 A/P HAP (1,915.08)1,069.00 TOTAL LIABILITIES (1,915.08)1,069.00 SURPLUS 2700 Inc & Exp Clearing 4,078.69 2805 Restricted Net Position 26,005.74 2805 Restricted Net Position (Current Year) 846.00 32,198.00 2806 Unrestricted Position 38,696.49 2806 Unrestricted Position (Current Year) (3,206.26)28,227.78 TOTAL SURPLUS (2,360.26)129,206.70 TOTAL LIABILITIES AND SURPLUS (4,275.34)130,275.70 Otter Tail County Housing Redevelopment Authority Balance Sheet November 2025 Program: Housing Choice Vouchers Project: Consolidated www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 1 12/2/2025 9:55:56 AM Printed by: Julie Bakken 32/84 Doc Num Voided Type #01-00000621-00-0 Oct 25 No INV #01-00041004-00-6 Oct 25 No INV #01-00041101-00-0 Oct 25 No INV #01-00041152-00-6 Oct 25 No INV 7552 No CHK7553NoCHK 7554 No CHK 7555 No CHK 7556 No CHK Doc Num Voided Type No OP No OP No OP No OP No OP No OP No OP No OP 0104 No CHK 155 No CHK 1072 No CHK 1091 No CHK 1092 No CHK 1363 No CHK 1364 No CHK 5022 No CHK 5024 No CHK 13109-GNH No CHK 13110-GNH No CHK 2033-Jodi No CHK 22-103790640 No MO 22-103790747 No MO 3804723677 No MO 38055572357 No MO 55067734215 No MO 55067734222 No MO End of Report Total:35 $11,285.45 Tenant Accounting - 26 $8,759.77 Tenant Accounts 26 $8,759.77 Vendor Accounting Total 9 $2,525.68 Vendor Accounting - 4 $806.77 Vendor Accounting - 5 $1,718.91 Transaction Type Summary Transaction Type Count Amount Money Order (MO)6 $1,745.40 Total:35 $11,285.45 Invoice (INV)4 $806.77 Check (CHK)17 $6,686.64 Count Amount Online Payment (OP)8 $2,046.64 Project Summary Program - Project Payments Deposits Public Housing - Family $2,525.68 $8,759.77 Total:$2,525.68 $8,759.77 Document Type Summary Document Type Cleared: 24 $8,181.05 Uncleared: 2 $578.72 Total Deposits: 26 $8,759.77 11/24/2025 Payment - Money Order Yes $23.46 11/24/2025 Payment - Money Order Yes $106.24 11/03/2025 Payment - Money Order Yes $417.50 11/10/2025 Payment - Money Order Yes $170.20 11/10/2025 Payment - Money Order Yes $364.00 11/17/2025 Payment - Money Order Yes $664.00 11/03/2025 Payment - Check Yes $48.85 11/10/2025 Payment - Check Yes $200.00 11/17/2025 Payment - Check Yes $64.82 11/03/2025 Payment - Check Yes $48.86 11/24/2025 Payment - Check Yes $278.09 11/17/2025 Payment - Check Yes $1,028.25 11/03/2025 Payment - Check Yes $835.00 11/03/2025 Payment - Check Yes $496.00 11/10/2025 Payment - Check Yes $1,000.00 11/03/2025 Payment - Check Yes $104.52 11/17/2025 Payment - Check Yes $195.53 11/03/2025 Payment - Check Yes $667.81 11/30/2025 Payment - Online Payment No $268.58 11/30/2025 Payment - Online Payment No $310.14 11/07/2025 Payment - Online Payment Yes $44.00 11/24/2025 Payment - Online Payment Yes $267.92 11/04/2025 Payment - Online Payment Yes $16.00 11/06/2025 Payment - Online Payment Yes $500.00 11/04/2025 Payment - Online Payment Yes $40.00 11/04/2025 Payment - Online Payment Yes $600.00 Posted Deposits Control Date Document Description Cleared Amount Cleared: 7 $1,830.68 Uncleared: 2 $695.00 Total Payments: 9 $2,525.68 11/26/2025 Cameras/Labor 106 & 110 10th Ave SW Pel Rpds No $625.00 11/26/2025 Service Call - Milne Ave No $70.00 11/14/2025 Solar Salt & Service Call Yes $250.30 11/14/2025 Water, Gas, Sewer Yes $668.61 11/04/2025 Water, Electric, Gas, Sewer Yes $128.25 11/14/2025 506 Marshall - Furnace Maintenance Yes $105.00 11/04/2025 Water, Electric, Gas, Sewer Yes $245.07 11/04/2025 Water, Electric, Gas, Sewer Yes $195.53 Payment Date Document Description Cleared Amount 11/04/2025 Water, Electric, Gas, Sewer Yes $237.92 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Public Housing Posted Payments www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 1 12/2/2025 11:18:56 AM Printed by: Julie Bakken 33/84 92% Period YTD Annual Remaining Amount Amount Budget Budget INCOME 3110 Dwelling Rental 5,986.00 58,648.00 39,500.00 19,148.00 148% 3401.1 HUD Operating Subsidy 3,757.00 42,699.00 32,000.00 10,699.00 133% 3401.2 HUD Capital Funds-Operations/Admin 14,108.00 7,000.00 7,108.00 202% 3401.3 HUD Capital Funds-Project 59,082.15 35,000.00 24,082.15 169% 3610 Interest Income (5673/0070)5.38 97.69 250.00 (152.31)39% 3690 Other Income (NSF, Late Fee, GR Support)643.00 21,000.00 (20,357.00)3% 3690.1 Water Charge Income 493.03 6,613.75 7,000.00 (386.25)94% 3690.2 Electric Charge Income 841.29 10,269.17 13,000.00 (2,730.83)79% 3690.3 Gas Charge Income 488.37 8,928.14 10,000.00 (1,071.86)89% 3690.31 Sewer Charge Income 613.44 7,585.00 7,500.00 85.00 101% 3690.4 Other Tenant Charges (Maint)232.58 10,441.79 10,441.79 TOTAL INCOME 12,417.09 219,115.69 172,250.00 46,865.69 127% EXPENSES 4130 Legal 2,000.00 2,000.00 0% 4140 Staff Training 229.00 4,400.00 4,171.00 5% 4150 Travel 203.09 300.00 96.91 68% 4171 Audit 2,400.00 2,400.00 100% 4190 Other Admin Expenses (Reports, Apps)633.19 200.00 (433.19)317% 4190.01 Manuals, Subscriptions 1,139.00 650.00 (489.00)175% 4190.06 Advertising 200.00 200.00 0% 4190.08 Consulting Fees 2,308.59 (2,308.59) 4190.2 Management Fees-OTC 25,000.00 25,000.00 100% 4310 Water 659.79 6,445.56 7,000.00 554.44 92% 4320 Electric 1,021.62 8,297.96 13,000.00 4,702.04 64% 4330 Gas 473.72 8,348.87 10,000.00 1,651.13 83% 4331 Sewer 743.25 7,330.22 7,500.00 169.78 98% 4420 Maintenance - Materials 9,172.84 6,000.00 (3,172.84)153% 4430 Maintenance - Contracts 1,050.30 38,243.02 14,000.00 (24,243.02)273% 4431 Garbage and Trash Removal Contracts 1,500.76 500.00 (1,000.76)300% 4510 Insurance 30,964.60 28,500.00 (2,464.60)109% 4520 PILOT 3,330.00 3,330.00 0% 4521 Assessments 969.26 1,050.00 80.74 92% 4570 Collection Loss 500.00 500.00 0% 4580 Interest Expense (on Security Deposits)5.53 100.00 94.47 6% 4600 Capital Fund Projects 59,082.15 40,000.00 (19,082.15)148% 4610 Extraordinary Maintenance 3,500.00 3,500.00 0% TOTAL EXPENSES 3,948.68 202,273.64 170,130.00 (32,143.64)119% SURPLUS 8,468.41 16,842.05 2,120.00 14,722.05 794% Otter Tail County Housing Redevelopment Authority Operating Statement Eleven Months Ending 11/30/2025 Program: Public Housing Project: Consolidated Percent of Year www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 1 12/2/2025 10:48:13 AM Printed by: Julie Bakken 34/84 Period Amount Balance ASSETS 1111 Cash 8,573.47 109,753.87 1114 Tenant Security Deposit Cash 10,018.41 1122 A/R Tenants (723.39)16,946.85 1122.1 Allowance for Doubtful Accts (200.00) 1129 A/R Other 0.83 1400.5 Accumulated Depreciation (1,154,045.22) 1400.6 Land 32,990.31 1400.7 Buildings 1,687,791.45 TOTAL ASSETS 7,850.08 703,256.50 LIABILITIES AND SURPLUS LIABILITIES 2114 Tenant Security Deposits 10,853.41 2119 Accounts Payable (418.66) 2119.1 A/P Admin 418.66 2240 Tenants Prepaid Rent (618.33)1,026.44 TOTAL LIABILITIES (618.33)11,879.85 SURPLUS 2700 Income/Expense Clearing Account (98,087.27) 2700 Income/Expense Clearing Account (Current Year) 8,468.41 16,842.05 2802 Invested in Capital Assets, Net of Related Debt 679,466.94 2806 Unrestricted Net Position 93,154.93 TOTAL SURPLUS 8,468.41 691,376.65 TOTAL LIABILITIES AND SURPLUS 7,850.08 703,256.50 Otter Tail County Housing Redevelopment Authority Balance Sheet November 2025 Program: Public Housing Project: Consolidated www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 1 12/2/2025 10:48:12 AM Printed by: Julie Bakken 35/84 Doc Num Voided Type 1038 No CHK 1039 No CHK 1040 No CHK 1041 No CHK 1042 No CHK 1043 No CHK 02-00002351-00-7 OCT 2025 No INV 02-00002371-00-3 OCT 2025 No INV Doc Num Voided Type No CHK 1255 No CHK 5605 No CHK 122-107869926 No MO 22-107869932 No MO Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Finding Home I LLC Posted Payments 11/14/2025 SOLAR SALT Yes $69.60 11/14/2025 GARBAGE Yes $135.35 Payment Date Document Description Cleared Amount 11/14/2025 SNOW REMOVAL & SANDING CONTRACT Yes $4,462.15 11/26/2025 ADVERTISING No $263.34 11/01/2025 WATER/SEWER Yes $195.56 11/14/2025 DOOR Yes $804.00 11/26/2025 SUPPLIES No $492.99 11/01/2025 WATER/SEWER Yes $203.16 Cleared: 6 $5,869.82 Uncleared: 2 $756.33 Total Payments: 8 $6,626.15 11/03/2025 Payment - Check Yes $2,250.00 11/03/2025 Payment - Check Yes $362.50 Posted Deposits Control Date Document Description Cleared Amount Cleared: 5 $4,707.39 Uncleared: 0 $0.00 Total Deposits: 5 $4,707.39 11/03/2025 Payment - Check Yes $987.41 11/03/2025 Payment - Money Order Yes $108.48 Document Type Summary Document Type 11/03/2025 Payment - Money Order Yes $999.00 Invoice (INV)2 $398.72 Money Order (MO)2 $1,107.48 Count Amount Check (CHK)9 $9,827.34 Transaction Type Summary Transaction Type Count Amount Vendor Accounting - 2 $398.72 Total:13 $11,333.54 Tenant Accounting - 5 $4,707.39 Vendor Accounting - 6 $6,227.43 Vendor Accounting Total 8 $6,626.15 End of Report Total:13 $11,333.54 Tenant Accounts 5 $4,707.39 Project Summary Program - Project Payments Deposits Finding Home I LLC - $6,626.15 $4,707.39 Total:$6,626.15 $4,707.39 www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 1 12/2/2025 10:58:22 AM Printed by: Julie Bakken 36/84 92% Period YTD Annual Remaining Amount Amount Budget Budget INCOME 3110 Rent Revenue 4,145.00 36,584.00 60,000.00 (23,416.00)61% 3210 Replacement Reserves (Emergency/Updating)2,100.00 (2,100.00)0% 3610 Interest Income 3.25 16.15 16.15 3690 Other Income (NSF, Late Fees)124.00 5,100.00 (4,976.00)2% TOTAL INCOME 4,148.25 36,724.15 67,200.00 (30,475.85)55% EXPENSES 4130 Legal 1,500.00 1,500.00 0% 4150 Travel 16.80 (16.80) 4190 Administrative Expense (1.50)500.00 501.50 0% 4190.06 Advertising/Marketing/Printing 263.34 263.34 750.00 486.66 35% 4310 Water 210.72 2,257.11 3,000.00 742.89 75% 4320 Electric 98.98 714.84 1,000.00 285.16 71% 4331 Sewer 188.00 1,880.00 2,400.00 520.00 78% 4410 Maintenance-Labor 2,000.00 2,000.00 0% 4420 Maintenance-Materials 1,296.99 3,417.00 1,500.00 (1,917.00)228% 4430 Maintenance-Contracts 4,531.75 9,160.03 12,900.00 3,739.97 71% 4431 Garbage/Trash Removal 135.35 1,624.22 3,300.00 1,675.78 49% 4510 Insurance 5,031.22 5,000.00 (31.22)101% 4521 Property Taxes/Assessments 5,200.00 5,200.00 0% TOTAL EXPENSES 6,725.13 24,363.06 39,050.00 14,686.94 62% SURPLUS (2,576.88)12,361.09 28,150.00 (15,788.91)44% Otter Tail County Housing Redevelopment Authority Operating Statement Eleven Months Ending 11/30/2025 Program: Finding Home I LLC Project: Consolidated Percent of Year www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 1 12/2/2025 9:35:33 AM Printed by: Julie Bakken 37/84 Period Amount Balance ASSETS 1111 Cash (3,638.01)32,838.85 1114 Tenant Security Deposit Cash 1,325.00 4,625.00 1122 A/R Tenants 431.04 601.93 1400.5 Accumulated Depreciation (2,034.50) 1400.6 Land 13,500.00 1400.7 Buildings 1,456,410.28 TOTAL ASSETS (1,881.97)1,505,941.56 LIABILITIES AND SURPLUS LIABILITIES 2114 Tenant Security Deposit 1,325.00 4,625.00 2240 Tenant Prepaid Rents (630.09)1,042.37 TOTAL LIABILITIES 694.91 5,667.37 SURPLUS 2700 Income/Expense Clearing Account 1,487,913.10 2700 Income/Expense Clearing Account (Current Year) (2,576.88)12,361.09 TOTAL SURPLUS (2,576.88)1,500,274.19 TOTAL LIABILITIES AND SURPLUS (1,881.97)1,505,941.56 Otter Tail County Housing Redevelopment Authority Balance Sheet November 2025 Program: Finding Home I LLC Project: Consolidated www.pha-web.com © 2025 Management Computer Services, Inc. (MCS) Page 1 of 1 12/2/2025 9:35:32 AM Printed by: Julie Bakken 38/84 OTTER TAIL COUNTY HOUSING AND REDEVELOPMENT AUTHORITY REQUEST FOR BOARD ACTION December 17, 2025 BOARD MEETING DATE AGENDA ITEM #4A Tanya Westra December 10, 2025 REQUESTOR’S SIGNATURE/DATE BOARD ACTION REQUESTED Resolution No. 328 Authorizing Award of Public Housing and Finding Home I LLC Insurance Bid for 2026; Authorize Execution of Insurance Documents PROPOSED REQUEST/JUSTIFICATION The purpose of Resolution No. 328 is to approve one of the multi-peril insurance bid received in response to the RFP published on November 15, 2025. Two bids were received, Mark Rodning Insurance Agency Inc. (State Farm Insurance) and Ansay & Associates LLC (Auto Owners Insurance). Multi-peril coverages include public liability, fire and extended building coverage, and non-owned automobile liability. The published RFP asked for coverage at 100% of estimated replacement values with a $2,500 and $5,000 per occurrence deductible. HUD requires blanket coverage for Public Housing Units. Neither company submitted a bid that includes a $2,500 deductible. The premium for the 2025 insurance policies that cover all rental units totaled $37,047.92. Public Housing Coverage Finding Home Coverage $5,000 Deductible Premium Mark Rodning Insurance Inc, State Farm Insurance $5,448,600 $1,715,200 Per Occurrence, 2% for Wind & Hail Damage $34,310.47 Ansay & Associates LLC, Auto Owners $5,253,360 $1,700,000 Per Building, Per Occurrence No separate deductible for wind & hail damage $34,912.75 if paid in full; $38,821.34 if paid semi- annually or quarterly; $38,821.56 if paid monthly Staff recommends the Board approve the resolution. PREVIOUS ACTION ON REQUEST/OTHER PARTIES ADVISED: N/A EXECUTIVE DIRECTOR DATE: Amy Baldwin 12/10/2025 ATTACHMENT LIST: Resolution No. 328 Exhibit A State Farm Proposal Exhibit B Auto Owners Proposal FINANCIAL IMPLICATIONS: PH Program Budget Finding Home I LLC Budget BUDGETED: X YES NO FUNDING: HUD, Rental Income COMMENTS 39/84 RESOLUTION NO. 328 RESOLUTION AUTHORIZING AWARD OF PUBLIC HOUSING PROGRAM AND FINDING HOME I LLC INSURANCE BID FOR 2026 WHEREAS, the Otter Tail County Housing and Redevelopment Authority (the "Authority") administers an Affordable Senior Housing Program as well as Department of Housing and Urban Development programs including Public Housing; and WHEREAS, the Authority issued a request for sealed bids for multi-peril insurance coverage for the scattered site public housing program on November 15, 2025; and WHEREAS, one bid was received prior to the deadline. THEREFORE, IT IS HEREBY RESOLVED: 1. That the bid award shall be made to Mark Rodning Insurance Agency Inc. with coverage through State Farm for Finding Home I LLC. 2. That the bid award shall be made to Mark Rodning Insurance Agency Inc. with coverage through State Farm for the Public Housing Program. 3. That the Executive Director is hereby authorized to execute any documents needed to effectuate the insurance coverage. Upon the motion of _______________________, seconded by______________________, and passed on an______________________ vote, the above resolution is hereby adopted by the Otter Tail County Housing and Redevelopment Authority Board of Commissioners. Adopted this 17th day of December, 2025. Dated: _______________________________ OTTER TAIL COUNTY HRA BOARD OF COMMISSIONERS Attest:________________________________ By:_______________________________ 40/84 EXHIBIT A 41/84 STATE FARM INS. APARTMENT PACKAGE BID Prepared for: Ottertail County HRA Date of bid: 11-13-2025 Policy Term: 1-1-2026 thru 12-31-2026 current State Farm Policy: 93-EB-M175-3 Prepared by: Mark Rodning, Agent Policy placement: State Farm Fire and Casualty Insurance Company Property Coverage: Bu!ldings"Blanket Coverage: Appurtenant Auxiliary Structures: Business Personal Property: Liability Coverage: Business Liability Each Occurrence $7,163,800 (Building Schedule Attached) $111,000 (Building Schedule Attached) $0 Medical Payment Each Occurrence/Person $1,000,000 $5,000 Other Coverages: See Attached Apartment Policy-Coverage Summary for Included Coverages (includes coverages, limits, possibility of increasing limits and deductibles) Deductible: $5000 per occurrence excluding wind or hail. Wind or Hail deductible: 2% deductible Total Annual Premium: $34,310.47 (monthly, quarterly, and semi-annual payment plans available at no extra cost) Mark Rodning, Agent State Farm Insurance 408 W Lincoln Ave Fergus Falls MN 56S37 218-736-5633 mark@markrodning.com Pagel of3 42/84 STATE FARM INS. APARTMENT PACKAGE BID Ottertail Public Housing Location and Coverage Schedule Page Building #1 206 Holden Ave Henning MN 565S1 Building #1A Detached garage 206 Holden Ave Henning MN 56551 Building #2 111 Milne Ave Henning MN 56551 Building #2A Detached garage 111 Milne Ave Henning MN 56551 Building #3 504 & 506 Marshall Ave Henning MN 56551 Building #4--104 & 106-Smith Ave New York Mills MN 56567 Building #5 210 Larson Ct New York Mills MN 56567 Building #SA Detached garage 210 Larson Ct New York Mills MN 56567 Building #6 104 Pleasant Ln New York Mills 56567 Building #6A Detached garage 104 Pleasant LN New York Mills MN 56567 Building #7 216 Foss St Underwood MN 56586 Building #7A Detached garage 216 Foss St Underwood MN 56586 Building #8 206 Foss St #1 & #2 Underwood MN 56586 Building #9 106 & 110 10th Ave SW Pelican Rapids MN 56572 Building #10 202 & 206 & 210 Court St Dalton MN 56324 Building #11 130 & 134 & 138 Court St Dalton MN 56324 Total Blanket Coverage Total Auxiliary Structures Coverage Total Buildings Blanket Coverage Coverage $453,200 $22,200 $518,000 $22,200 $719,300 $719,300 $518,000 $22,200 $453,200 $22,200 $518,000 $22,200 $719,300 $719,300 $857,600 $857,600 $7,052,800 $111,000 $7,163,800 Page 2 of 3 43/84 STATE FARM INS. APARTMENT PACKAGE BID ------ Page 3 of 3 44/84 0 0 • ■ Business Insurance 0 AStatefarme Apartment Policy -Coverage Summary Coverages Accounts Receivable On Premises Accounts Receivable Off Premises Arson Reward Collapse Damage To Non-Owned Buildings From Theft, Burglary Or Robbery Damage To Premises Rented To You Limit * 50,000 * 15,000 5,000 Included Coverage B Limit * 300,000 * Coverages may be increased Special Deductible No Ded Applies No Oed Applies Debris Removal 25% of covered loss Employee Dishonesty Equipment Breakdown Fire Department Service Charge Fire Extinguisher Systems Recharge Expense Forgery Or Alteration Glass Expenses * 25,000 Included 5,000 5,000 10,000 Included Inland Marine -Computer Property * 10,000 Inland Marine -Computer Property Loss Of Income * 10,000 And Extra Expense Lock Replacement 5,000 Loss Of Income And Extra Expense Duration Period * Actual Loss Sustained - 12 Mon 250 No Ded Applies No Ded Applies 500 No Ded Applies 100 This document contains only a general description of coverages and is not a contract. Details of coverages or limits vary in some states and provinces. All coverages are subject to terms, provisions, exclusions, and conditions in the policy itself and in any endorsements. Page 1 or 2 1001349 2002 137150 202 11-13-2014 45/84 Loss Of Income And Extra Expense Limit Per * Actual Loss -12 Months No Ded Applies Occurrence Money Orders And Counterfeit Money 1,000 Newly Acquired Business Personal Property 100,000 (applies only if this policy provides Coverage B - Business Personal Property) Newly Acquired Or Constructed Buildings {applies 250,000 only if this policy provides Coverage A - Buildings) Ordinance Or Law -Equipment Coverage Included Outdoor Property * 5,000 Personal Effects (applies only to those premises 2,500 provided Coverage B -Business Personal Property) Personal Property Off Premises 15,000 Pollutant Clean Up And Removal 10,000 Preservation Of Property 30 Days Property Of Others (applies only to those premises * 2,500 provided Coverage B -Business Personal Property) Signs * 2,500 Tenant Move Back Expenses 15,000 Valuable Papers And Records On Premises * 10,000 Valuable Papers And Records Off Premises * 5,000 Water Damage, Other Liquids, Powder Or Molten Included Material Damage This document contains only a general description of coverages and is not a contract. Details of coverages or limits vary in some states and provinces. All coverages are subject to terms , provisions, exclusions, and conditions in the policy itself and in any endorsements. Page 2 of2 1001349 2002 137150 202 11-13-2014 �DDL INSURED -SECTION II OTTER TAIL COUNTY 520 W FIR AVE Fire Policy Status FERGUS FALLS MN 56537-1364 �DDL INSURED -SECTION II FINDING HOME I LLC 500 W FIR AVE FERGUS FALLS MN 56537 COVERAGE TITLES *Accounts ReceivableArson Reward,CollapseDamage To Non-Owned Buildings From Theft, BurglaryOr Robbery*Damage To Premises Rented To YouData CompromiseDebris Removal*Employee DishonestyEquipment BreakdownFire Department Service ChargeFire Extinguisher Systems Recharge ExpenseForgery Or AlterationGlass ExpensesIdentity Restoration*Inland Marine -Computer Property*Inland Marine -Computer Property Loss Of Income NOVEMBER 12, 2025 LIMIT $50,000 $5,000 Included Coverage B Limit $300,000 $50,000 25% of covered los $25,000 Included $5,000 $5,000 $10,000 Included $35,000 $10,000 $10,000 DEDUCT $5,000 $0 $5,000 $5,000 $0 $1,000 $5,000 $250 $2,500 $0 $0 $5,000 $5,000 $0 $500 $0 46/84 { l, EXHIBIT B 47/84 v#uto-Owners INSURANCE LIFE • HOME • CAR • BUSINESS Auto-Owners Insurance Company Tailored Protection Policy New Business Proposal Date: 12/03/2025 CLIENT: Otter Tail County Public Housing 500WFIRAVE FERGUS FALLS, MN 56537-1364 Phone: (218) 998-8732 Proposed premium is: Agency Code: 23-0108-00 AGENCY: ANSAV & ASSOCIATES LLC POBOX88 NEW RICHMOND, WI 54017-0088 • Phone: (715) 246-6145 E-Mail: personal-lines@Ansay.com Proposed premium if Paid In Full Discount Applies: $38,821.34 (Annual Term) $34,912.75 The Paid in Full Discount is not Available for Escrow Direct Bill or Agency Bill Company Bill Option Required Remaining Deposit Installments Full Pay $34,912.75 0 Semi-Annual $19,410.67 1 Quarterly $9,705.35 3 Monthly $3,235.13 11 Installment amounts do not include billing fees. Cancellation Invoice Fee: Returned Payment Fee: Phone Payment Fee with Representative: Billing Fee per installment for Monthly, Quarterly or Semi-Annual payment plan: Billing Fee per installment for Monthly, Quarterly or Semi-Annual payment plan when setup for automatic EFT: Billing Fee per installment for Full Pay payment plan or Escrow Direct Bill: Billing Fee per installment for Monthly, Quarterly or Semi-Annual payment plan when setup for automatic EFT and paperless delivery for billing and policy documents: 32178 (9-22) Installment Amount $0.00 $19,410.67 $9,705.33 $3,235.11 $15.00 $25.00 $6.00 $4.00 $2.00 None None 48/84 .Auto-Owners. INSURANCE LIFE• HOME• CAR• BUSINESS Customer Information Customer Contact OTTER TAIL COUNTY PUBLIC HOUSING 500 W FIR AVE, FERGUS FALLS, MN 56537-1364 - Agency Information Agency Contact ANSAY &ASSOCIATES LLC PO BOX 88, NEW RICHMOND, WI 54017-0088 (715) 246-6145 personal-lines@Ansay.com 23-0108-00 Proposal Type TAILORED PROTECTION POLICY Your business is unique and needs flexible options to make sure it has the best coverages including property, liability, crime, inland marine, garagekeepers, and dealer's blanket. With award-winning claim service and value-added resources, Auto-Owners can offer you the customized protection you and your business need. Easily manage your insurance -anytime, anywhere with Customer Center. To sign up, visit auto-owners.com or download the Auto-Owners Mobile app. The paid in full discount is not available for agency bill business. Valid ; Start Date Offer Expires I Proposed Premium $38,821.34 ~ ---------- ------ - ----- Paid in Full Discount $3,908.59 ~ ----------- - --- --- - --- Proposed Premium if on Full Pay Plan $34,912.75 Proposal Term Page 60 Days I 12/03/2025 02/01/2026 01/01/2026 -01/01/2027 1 ° 35 49/84 Premium Overview Proposal ID: OtterTailCountyPublTPP-6042463 Company Name: Auto-Owners Insurance Company Entity Type: Nonprofit Organization Rating Effective Date: 09/15/2025 Proposed Premium, . • • ---, Tailored Protection Policy (TPP) Commercial Property Commercial General Liability Total Proposed Premium Total Premium if on Full Pay Plan Premium Adjustments $37,837.34 L $984.00 ---~ $38,821.34 l $34,912.75 1 • Individual Risk Premium Modification Factor Appl_ies. Commercial General Liability Commercial Property COMMERCIAL PROPERTY LOCATION: 1 Deductible Theft Deductible Valid 60 Days Start Date 12/03/2025 25% Credit 25% Credit Address: 10: 10TH AVE SW# 110, PELICAN RAPIDS, MN 56572-4427 County: Otter Tail ss.ooo •. I [_ $5,000 --------------,---------,----------, I Proposal Term Offer,Expires 02/01/2026 Page 2-35 i 01/01/2026 -01/01/2027 __ .,_ ________ ____, 50/84 Windstorm/Hail Deductible $5,000 * • Property Deductible applies per building BUILDING: 1 Address: 10610TH AVE SW# 110, PELICAN RAPIDS, MN 56572-4420 Type: Dwellings (Lessors' Risk Only) -Two Family Construction Square Footage Windstorm/Hail Coverage Building Limit Cause of Loss Valuation Inflation Guard Building Premium Building Ordinance or Law Coverage A (Loss of Value) Coverage B (Demolition Cost) Coverage C (Increased Cost of Construction) Building Ordinance or Law Premium Equipment Breakdown Equipment Breakdown Equipment Breakdown Premium J Valid I Start Date 60 Days 12/03/2025 Frame 2,400 Yes $708,000 Special With Theft Replacement Cost Automatic $3,979.00 Included in Building Limit $110,000 $110,000 Included $116.00 Offer Expires Proposal Term Page 02/01/2026 01/01/2026 -01/01/2027 3 -35 51/84 Property Plus Coverage Package Cover,age Package (Enhanced Optioi:i) Refrigerated Products No Business Income Waiting Period 0 Hours Property Plus Coverage Package Premium $497.00 Terrorism . Terroris•m -Certified Acts . _ . " Terrorism• Certified Acts Premium Total Building 1 Premium Total Location 1 Commercial Property Premium Address: 206 FOSS ST N # 1 # 2, UNDERWOOD, MN 56586-7110 LOCATION:2 Deductible Theft Deductible Windstorm/Hail Deductible County: Otter Tail • PropertY Deductible applies per building Valid Start Date Offer Expires 60 Days 12/03/2025 02/01/2026 Proposal Term 01/01/2026 -01/01/2027 $46.00 $4,638.00 $4,638.00 $5.000. _] $5.000 1 $5.000 * ! Page 4-35 52/84 BUILDING: 1 Address: 206 FOSS ST N Ii 1 # 2, UNDERWOOD, MN 56586-7110 Type: Dwellings (Lessors' Risk Only) -Two Family Construction Square Footage Windstorm/Hail Coverage Building Limit Cause of Loss Valuation Inflation Guard Building Premium Building Ordinance or Law Coverage A (Loss of Value) Coverage B (Demolition Cost) Coverage C (Increased Cost of Construction) Building Ordinance or Law Premium Equipment Breakdown . . Equipment Breakdown Equipment Breakdown Premium Valid Start Date Offer Expires 60 Days 12/03/2025 02/01/2026 Frame 2,400 Yes $708,000 Special With Theft Replacement Cost Automatic $3,774.00 Included in Building Limit suo,ooo $110,000 Included $110.00 Proposal Term Page 01/01/2026 -01/01/2027 5-35 53/84 Property Plus Coverage Package Cove,age Package (Enlsanced Option) :· • • -" . Refrigerated Products No Business Income Waiting Period O Hours Property. Plu~ Coverage Package Premium $471.00 Terrorism T.errorisni -Certified Ads -" . . - Terrorism • Certified Acts-Premium Total l:luilding 1 Premium Total Location 2 Commercial Property Premiuni Address: 216 FOSS ST N # 1 # 2, -IJNDERWQOD, MN 56586'7110 LOCATION:3 - County: OtterTail Deductible Theft Deductible Windstorm/Hail Deductible • Property Deductible applies per building Vaiid Start Date Offer Expires Proposal Term 60 Days 12/03/2025 02/01/2026 01/01/2026 -01/01/2027 $44.00 $4,399;00 $4,399,00 . $5.ooo • I $5.ooo -I $5,000. 1 Page 6-35 54/84 BUILDING: 1 Address: 216 FOSS ST N # 1 # 2, UNDERWOOD, MN 56586-7110 Type: Dwellings (Lessors' Risk Only) -One Family Construction Square Footage Windstorm/Hail Coverage Building Limit Cause of Loss Valuation Inflation Guard Building Premium Building Ordinance or Law Coverage A (Loss of Value) Coverage B (Demolition Cost) Coverage C (Increased Cost of Construction) Building Ordinance or Law Premium Equipment Breakdown Equipment Breakdown Equipment Breakdown Premium Valid Start Date 60 Days 12/03/2025 Frame 1,728 Yes $509,760 Special With Theft Replacement Cost Automatic $2,819.00· Included in Building Limit $110;000 $110,000 Included $82.00 Offer Expires Proposal Term Page 02/01/2026 01/01/2026 -01/01/2027 7-35 55/84 Property Plus Coverage Package -. • (oxerage•Package (Enhan£ed Option) . _ • Refrigerated Products No Business Income Waiting Period 0 Hours Property Plus Coverage Package Premium _________ ---'----------~---$_3_5_2._o_o__, Terrorism rerrorism -Certified Acts Terrorism -Certified·Ac:ts Premium $33.00 TotalBuilding 1 Premium $3,286.00 Total Location 3 Commercial Property Premium $3,286.00 Address: 504 MARSHALL AVE Ii 506, HENNING, MN 56551-400!1 LOCATION:4 -- County: Otter-Tail Deductible [ $5,000 * $5,000 Theft Deductible Windstorm/Hail Deductible l $5,000 * ---------'-'-~ • Property Deductible applies per building Valid 60 Days- Start Date 12/03/2025 ----------,--- Offer Expires Proposal Term 02/,01/2026 01/01/2026 -01/01/2027 Page 8 -35 56/84 • -· BUILDING: 1 Address: 504 MARSHALL AVE# 506, HENNING, MN 56551-4005 Type: Dwellings (Lessors' Risk Only)• Two Family Construction Square Footage Windstorm/Hail Coverage Building Limit Cause of Loss Valuation Inflation Guard Building Premium Building Ordinance or Law " Coverage A (Loss of Value) Coverage B (Demolition Cost) Coverage C (Increased Cost of Construction) Building Ordinance or Law Premium Equipment Breakdown . - Equ'ipment Breakdown Equipment Breakdown PremhJm Valid Start Date 60 Days 12/03/2025 Offer Expires 02/01/2026 Frame 2,400 Yes $708,000 Special With Theft Replacement Cost Automatic $3,703.00 - Included in Building Limit $110,000 $110,000 Included $10B.OO Proposal Term Page 01/01/2026 • 01/01/2027 9 • 35 57/84 Property Plus Coverage Package . . €overa!')e Package (EnhaAcecl Option): • , _. . . _ • _ _ Refrigerated Products No Business Income Waiting Period 0 Hours Property Plus Coverage Package Premium Terrorism -' -. re,rorisrn -'Certified Acts - Terrorism -Certified Acts Premium $43.00 Total Building 1 Premium $4,316.00 Total'Loc:ation 4 Commercial Property.Premium $4,316.00,, Address: 111 MILNE AVE, HENNING, MN 56551-4305 LOCATION:5 I County: Otter Tail Deductible ss.ooo;J Theft Deductible Windstorm/Hail Deductible * Property Deductible applies per building Valid 60 Days Start Date 12/03/2025 $5,000 $5,000 * ----.,--------------.---------, I Proposal Term I 01/01/2026 -01/01/2027 Offer Expires • 02/01/2026 Page 10 -35, 58/84 BUILDING: 1 Address: 111 MILNE AVE, HENNING, MN 56551-4305 Type: Dwellings (Lessors' Risk Only) -One Family Construction Square Footage Windstorm/Hail Coverage Building Limit Cause of Loss Valuation Inflation Guard Building Premium Building Ordinance or Law Coverage A (Loss of Value) Coverage B (Demolition Cost) Coverage C (Increased Cost of Construction) Building Ordinance or Law Premium Equipment Breakdown Equipment Breakdown Equipment Breakdown Premium Valid Start Date 60 Days 12/03/2025 Frame 1,728 Yes $509,760 Special With Theft Replacement Cost Automatic $2,758.00 Included in Building Limit $110,000 $110,000 Included $B1.00· Offer Expires Proposal Term Page 02/01/2026 01/01/2026 -01/01/2027 11-35 59/84 Property Plus Coverage Package Coverage Package (Enha17ced Option) . Refrigerated Products Business Income Waiting Period Property Plus Coverage Package Premium Terrorism Terrorism -Certified Acts Terrorism -Certified Acts Premium Total Building 1 Premium Total Location 5 Commercial Property Premium Address: 206 HOLDEN AVE, HE~NING, MN 56551-4027 LOCATION:6 Deductible Theft Deductible Windstorm/Hail Deductible County: Otter Tail • Property Deductible applies per building Valid Start Date Offer Expires 60 Days 12/03/2025 02/01/2026 Proposal Term 01/01/2026 -01/01/2027 No O Hours $344.00 $32.00 $3,215.00 $3,215.00 $5,000 * $5,000 $5,000 * Page 12-35 60/84 BUILDING: 1 Address: 206HOLDEN AVE, HEN!"JING, MN 56551-4027 1 Type: Dwellings (Lessors' Risk Only) • One Family Construction Square Footage Windstorm/Hail Coverage Building Limit Cause of Loss Valuation Inflation Guard Building Premium Builqing Ordinance or Law Coverage A (Loss of Value) Coverage B (Demolition Cost) Coverage C (Increased Cost of Construction) Building Ordinance or Law Premium Equipment Breakdown Equipment Breakdown Equipment Breakdown Premium Valid Start Date 60 Days 12/03/2025 Frame 1,512 Yes $446,040 Special With Theft ] Replacement Co_st Automatic $2,369.00 Included in Building Limit $110,000 $110,000 Included $69.00 Offer Expires Proposal Term Page 02/01/2026 01/01/2026 • 01/01/2027 13-35 61/84 Property Plus Coverage Package Coverag,e Package (Enlia_r-iced Option)' • . . . Refrigerated Products No Business Income Waiting Period 0 Hours Property Plus. Coverage Package Premium $296.00 Terrorism lerrorism -Certified Acts . . -. -. Terrorism -Certified Acts 'Premium $27.00 Total. Buildin·g 1 Premiurrr $2,761.00 Total l.ocation 6 Commercial Property Premium $2,761.00 Address: 104SMITH AVE# 106, NEW YORK MILLS, MN 56567-4506 LOCATION:7 Deductible Theft Deductible Windstorm/Hail Deductible County: Otte, Tail • Property Deductible applies per building Valid Start Date Offer Expires 60Days 12/03/2025 02/01/2026 $5.000 * $5,000 $5,000 • ·-- Proposal Term Page 01/01/2026 -01/01/2027 14-35 62/84 BUILDING: 1 Address: 104 SMITH AVE# 106, NEW YORK MILLS, MN 56567-4506 Type: Dwellings (Lessors' Risk Only) -Two Family Construction Square Footage Windstorm/Hail Coverage Building Limit Cause·of Loss Valuation Inflation Guard Building Premium [ 2,400 Yes $708,000 Special With Theft Replacement Cost $3,823.00 Building Ordinance or Law C Coverage A (Loss of Value) Coverage B (Demolition Cost) Coverage C (Increased Cost of Construction) Building Ordinance or Law Premium Equipment Breakdown Equipment Breakdown Equipment Breakdown Premium Valid Start Date 60 Days 12/03/2025 Offer Expires. 02/01/2026 Included in Building Limit $110,000 $110,000 Included - $112.00 Proposal Term Page 01/01/2026-01/01/2027 15 -35 63/84 Property Plus Coverage Package Cov.er,a<]Jt, ~"s,ckage (Ennanced Option') • • • Refrigerated Products No Business Income Waiting Period 0 Hours ~-o-p-e-rty_P_l_u_s_.C_o_v_e-ra_g_e_P __ a_c_k_a_g_e_P_r_e_m_·iu_m _____________ -----------------$4_n __ -.-0-0--,· Terrorism Terror,i~m -Certified Acts -. . " ~ . ' Terrorism• Certified Acts P'remium Total Building 1 Premium Total Location 7 (:ommercial Property Premium Address: 104 PLEASANT LN, NEW Y_ORK MILLS, MN 56567-4100 LOCATION: 8 Deductible Theft Deductible Windstorm/Hail Deductible County; Otter Tail • Property Deductible applies per building Valid 60 Days Start Date 12/03/2025 • Offer Expires 02/01/2026 I r [_ Proposal T em, 01/01/2026 -01/01/2027 $44.00 $4,456.00 $4,456.00 $5,000 * $5,000 $5,000 * Page 16-35 I 64/84 BUILDING: 1 Address: 104 PLEASANT LN, NEW YORK' MILLS, MN 56567-4100 Type: Dwellings (Lessors' Risk Only) -One Family Construction Square Footage Windstorm/Hail Coverage Building Limit Cause of Loss Valuation Inflation Guard Building Premium Building Ordinance or Law Coverage A (Loss of Value) Coverage B (Demolition Cost) Coverage C (Increased Cost of Construction) Building Ordinance or Law Premium Equipment Breakdown Equipment Breakdown Equipment Breakdown Premium Valid Start Date 60 Days 12/03/2025 Frame 1,512 Yes $446,040 Special With Theft Replacement Cost Automatic $2,439.00 Included in Building Limit $110,000 $110,000 Included $71.00 Offer Expires Proposal Term Page 02/01/2026 01/01/2026 -01/01/2027 17-35 65/84 Property Plus Coverage Package Coverage PaEkage (Enhariceq Option) , _ . • Refrigerated Products Business Income Waiting Period Property Plus Coverage Package Premium Terrorism l'erronsm -Certified Acts " -~ . - Terrorism -Certified Acts _Premium Total Building 1 Premium ' . Total' Location 8 Commercial Property Premium Address: 210 LARSON CT, NEW YORK MILLS, MN 56567-4500 LOCATION:9 Deductible Theft Deductible Windstorm/Hail Deductible County: Otter Tail • Property Deductible applies per building [ No 0 Hours. $304.00 $28.00 $2,84~.oo $2,842;00 ss.ooo •] $5,000 * Valid, Start Date Offer Expire:--7 Proposal Term Page 1...... __ 6_o_D_a..:.y_s __ ......1 ___ 12_..:._/0_3_/2_0_2_s __ _i ___ o_21_0_11_2_0_26_. _0_1_0!1_0 __ 11_2_0_26_-0_1_1_01_1_20_2_1..1..... ___ 1_a_-_:i_s __ ___, 66/84 BUILDING: 1 Address: 210 LARSON CT, NEW YORK MILLS, MN 56567-4500 Type: Dwellings (Lessors' Risk Only) -One Family Construction Square Footage Windstonm/Hail Coverage Building Limit Cause of Loss Valuation Inflation Guard Building Premium Building O~dinance or Law Coverage A (Loss of Value) Coverage B (Demolition Cost) Coverage C (Increased Cost of Construction) Building Ordinance or Law Premium Equipment Breakdown Equipment Breakdown Frame] 1,728 i L_ Yes ·1 $509,760 Special With Theft Replacement Cost Automatic $2,845.00 Included in Building Limit $110,000 $110,000 Included ----------------------- Equipment Breakdown Premium $83.00 Valid Start Date Offer Expires Proposal T enm Page 60 Days 12/03/2025 02/01/2026 01/01/2026 -01/01/2027 19-35 67/84 Property Plus Coverage Package (oveta'ge Packa§ie (Enhan~ed Option) _ . • . _ • , Refrigerated Products Business Income Waiting Period Property Plus,Coverage Package Premium, Terrorism . . Terrorism -Certified Acts· _ _ _ , Terrorism -Certified Acts Premium Total Building 1 Premium Total Location 9 Commercial Property Premium Address: 103 COURT ST, DALTON, MN 56324-2200 LOCATION: 10 Deductible Theft Deductible Windstorm/Hail Deductible ,County: Otter Tail • Property Deductible applies per building Valid 60 Day,; Start Date 12/03/2025 ---- Offer Expires 02/01/2026 I Proposal Term 01/01/2026 -01/01/2027 No O Hours $355.00 $33,00 $3,316.00 $3,316.00 $5,000 •• $5,000 $5,000 • Page 20 -35 68/84 BUILDING: 1 Address: 103,COURT ST, DALTON, MN 56324-2200 Type: Dwellings (Lessors' Risk Only) -Three Family Construction Square Footage Windstorm/Hail Coverage Building Umit Cause of Loss Valuation Inflation Guard Building Premium Building Ordinance or Law Coverage A (Loss of Value) Coverage 8 (Demolition Cost) Coverage C (Increased Cost of Construction) Building Ordinance or Law Premium Equipment Breakdown Equipment Breakdown Equipment Breakdown Premium Valid I Start Date I 60 Days 12/03/2025 Frame 2,566 Yes $850,000 Special With Theft Replacement Cost A_utomatic $1,871.00 Included in Building Umit $110,000 $110,000 Included $55.00 Offer Expires Proposal Term Page 02/01/2026 01/01/2026 -01/01/2027 21-35 69/84 Property Plus Coverage Package Coverag_e Package (Enhanced Option) Refrigerated Products No Business Income Waiting Period 0 Hours Property Plus Coverage Package Premium $234.00 Terrorism -. Terrorism -Certified Acts [ Terrorism -Certified Acts,Premium $22.00 Total Building 1 Premium $2,182.00 Total Location 10 Commercial Property Premium $2,182.00 Address: 210 COURT ST, DALTON, MN 56324-2201 LOCATION: 11 Deductible Theft Deductible Windstorm/Hail Deductible County: Otter Tail • Property Deductible applies per building Valid Start Date Offer Expires 60 Days 12/03/2025 02/01/2026 $5,ooo::J [ $5,000 l_ ____________ s_s,~o_o_o_•~ I Page I Proposal Term 01/01/2026 -01/01/2027 22-35 ' 70/84 BUILDING: 1 Address: 210 COURT ST, DAL TON, MN 56324-2201 Type: Dwellings (Lessors' Risk Only) -Three Family Construction Square Footage Windstorm/Hail Coverage . Building Limit Cause of Loss Valuation Inflation Guard Building Premium C Fram~ 2,S66 Yes $850,000 Special With Theft Replacement Cost Automatic $1,871.00 Building OrdLnance or Law , Coverage A (Loss of Value) Coverage B (Demolition Cost) Coverage C (Increased Cost of Construction) Building Ordinance or Law Premium Equipment Breakdown 'Equipment Breakdown Equipment Breakdown Premium Valid Start Date 60 Days 12/03/2025 Included in. Building Limit $110,000 $110,000 Included $55.oo 7 Offer Expires Proposal T enm Page 02/01/2026 01/01/2026 -01/01/2027 23-35 71/84 Property Plus Coverage Package -. • Covera~e-Package (Enhan~ed.Opti<in), . Refrigerated Products No Business Income Waiting Period 0 Hours ,----------------------·----- Property. Plus Coverage Package Premium· $234.00 Terrorism Terrorism -Certified Acts • ' . Terrorism• Certified Acts Premium Total-Building 1 Premium $2,182;00 Total Location 11 Commercial Property Premium $2,182.00 -, Minnesota Fire Safety Surcharge $244.34 Total Commercial Prop,;,rty Premium $37,837;34 ,----V-a-lid ____ ----Start Da:---~--0-ff-er_Ex_p-ir-es ________ P_ro_p_o-sa_l_T_e_rm ---__ I ____ P_a_g_e ___ ~ 60 Days 12/03/2025 02/01/2026 01/01/2026 -01101!2~2_1~ ___ 2_4_-_3_s __ ___, 72/84 Equipment Breakdown Applies to Locations 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11 The Equipment Breakdown endorsement provides coverage for physical loss or damage to a variety of types of electronic and mechanical equipment resulting from mechanical breakdown, electrical or electronic breakdown and electronic equipment deficiency, or rupture, bursting, bulging, implosion or steam explosion. The Equipment Breakdown endorsement also provides the following additional coverages for covered property as the result of an Equipment Breakdown loss: Pollutant Clean-Up and Removal Electronic Data Restoration Expediting Expenses Refrigerant Contamination Spoilage Coverage CFC Refrigerants Computer Equipment Business Interruption, Extra Expense, Electronic Data and Service Interruption Temperature Fluctuation Unauthorized Instruction Risk Improvement Off Premises Coverage Property Plus Coverage Package Enhanced Applies to Locations 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11 Coverage Standard Option Enhanced Option Premier Option Limit of Insurance Limit of Insurance Limit of Insurance Accounts Receivable $100,000 $150,000 $200,000 Bailees $5,000 Per Occurrence/ $10,000 Per Occurrence / $15,000 Per Occurrence/ $2,500 Per Item $5,000 Per Item $10,000 Per Item Business Income & Extra Expense w/Rental Value, $50,000 $100,000 $150,000 Including Newly Acquired Locations Debris Removal $25,000 $50,000 $100,000 Electronic Data Processing $25,000 $50,000 $100,000 Equipment Employee Dishonesty $15,000 $25,000 $50,000 Fine Arts, Collectibles and $10,000 Per Occurrence / $25,000 Per Occurrence/ $50,000 Per Occurrence/ Memorabilia $2,500 Per Item $5,000 Per Item $10,000 Per Item Fire Department Service $5,000 $10,000 $25,000 Charge Forgery or Alteration $10,000 $25,000 $50,000 Money and Securities $15,000 Inside Premises/ $25,000 Inside Premises/ $50,000 Inside Premises/ $15,000 Outside Premises $25,000 Outside Premises $50,000 Outside Premises Newly Acquired Business $500,000 for 90 Days $500,000 for 90 Days $500,000 for 90 Days Personal Property I Valid Start Date Offer Expires I Proposal T em, Page 60 Days 12/03/2025 02/01/2026 01/01/2026 -01/01/2027 25-35 73/84 Newly Acquired or Constructed Property Ordinance or Law Outdoor Property Personal Effects and Property of Others Pollutant Clean Up and Removal Property in Transit Property Off-Premises Refrigerated Products Salesperson's Samples Utility Services Failure Valuable Papers and Records Water Back-Up from Sewers or Drains $1,000,000 for 90 Days Included in Building Limit - Coverage A $50,000 -Coverage B $50,000 -Coverage C $50,000 -Coverage D $15,000 for Fences, Trees, Shrubs, Plants $1,000 Limitation Trees, Shrubs, Plants Only $10,000 for Radio or Television Antennas $15,000 $25,000 $25,000 $25,000 $10,000 $10,000 $50,000 $50,000 On Premises / $10,000 Off Premises $15,000 $1,000,000 for 90 Days $1,000,000 for 90 Days Included in Building Limit -Included in Building Limit - Coverage A Coverage A $100,000 -Coverage B $150,000 -Coverage B $100,000 -Coverage C $150,000 -Coverage C $100,000 -Coverage D $150,000 -Coverage D $20,000 for Fences, Trees, $25,000 for Fences, Trees, Shrubs, Plants Shrubs, Plants $1,000 Limitation Trees, $1,000 Limitation Trees, Shrubs, Plants Only Shrubs, Plants Only $15,000 for Radio or $20,000 for Radio or Television Antennas Television Antennas $25,000 $50,000 $50,000 $100,000 $50,000 $100,000 $50,000 $100,000 $15,000 $25,000 $15,000 $25,000 $100,000 $150,000 $100,000 On Premises / $150,000 On Premises/ $20,000 Off Premises $25,000 Off Premises $25,000 $50,000 Deductible: No deductible applies for the coverage listed above, up to the limit shown in the Property Plus Declarations. COMMERCIAL GENERAL LIABILITY Limits of Liability -Including CGL Plus Endorsement General Aggregate (Other than Products-Completed Operations) Products-Completed Operations Aggregate Each Occurrence Personal and Advertising Injury Damage to Premises Rented to You Medical Payments I s2.ooo.ooo I s2.ooo.ooo I s1.ooo.ooo I $1,000,000 I I $300,000 Any One Premises j Twice the ·General Aggregate Limit• shown above is provided at no additional charge for each 12 month period. Valid 60 Days Products-Completed Operations Aggregate is automatically reinstated once. Start Date 12/03/2025 Offer Expires 02/01/2026 Proposal Term 01/01/2026 -01/01/2027 Page 26-35 74/84 Commercial General Liability -Optional Coverages Hired Auto and Non-Owned Auto Liability Limit $1,000,000 Each Occurrence Hired Auto and Non-Owned Auto Liability Premium Included [ Total CGL Optional Coverages Premium $0.00 ------- Address: 10610TH AVE SW# 110 PELICAN RAPIDS, MN 56572-4420 LOCATION:1 County: Otter Tail Classifications 63011 Dwellings (Lessors' Risk Only) -Two Family Premium Basis: Dwelling(s) Exposure Premises-Operations Products-Completed Operations 1 [ ___________ $_74_._oo__, l $6.00 -------~ Total Location 1 Commercial General Liability'--'-P'-'re:.:.m:.:.i:.::u:c:m"-------------------"'$-"8-"0'-'.0'-'0'--' Address: 206 FOSS ST N # 1 # 2 UNDERWOOD, MN 56586-7110 LOCATION:2 I County: Otter Tail Valid Start Date Offer Expires Proposal Term Page 60 Days 12/03/2025 02/01/2026 01/01/2026 -01/01/2027 27-35 75/84 Classifications . . 63"011 , • " •• • " ~ 1 Dwellings (Lessors' Risk Only) -Two Family Premium Basis: Dwelling(s) Exposure Premises-Operations Products-Completed Operations Total Location~ Commercial General Liability Premium Address: 216 FOSS ST N # 1 # 2 UNDERWOOD, MN 56586-7110 LOCATION:3 County: Otter Tail Classifications . . 6~010 Dwellings (Lessors' Risk Only) -One Family Premium Basis: Dwelling(s) Exposure Premises-Operations 1 $74,00 $6.00 $80.00 1 $60.00 Products-Completed Operations ~[ ________ ss_.oi] Total Location 3 Commercial General Liability_P_r_e_m_iu~_m ___________ _ $65.00 7 -------,------------~------------,--------------,-----------, Valid 60 Days Start Date 12/03/2025 Offer Expires 02/01/2026 Proposal Term 01/01/2026 -01/01/2027 Page 28-35 76/84 -----• --- Address: 504 MARSHALL AVE# 506 HENNING, MN 56551-4005 LOCATION:4 County: Otter Tail Classifications 63011 -' ·j Dwellings (Lessors' Risk Only) -Two Family Premium Basis: Dwelling(s) Exposure Premises-Operations Products-Completed Operations Total Location 4 Commercial General Liability Premium 1 $74.00 $80.00 - Address: 111 MILNE AVE HENNING, MN 56551-4305 LOCATION:5 County: Otter Tail Classifications 63010 Dwellings (Lessors' Risk Only) -One Family Premium Basis: Dwelling(s) Exposure Premises-Operations Products-Completed Operations 1 $60.00 L $5.00 -------~ Total Location 5 Commercial General Liability Premium _______________ -$65_,0o_] Valid ! Start Date Offer Expires Proposal Term Page 60 Days i 12/03/2025 02/01/2026 01/01/2026 -01/01/2027 29 -35 77/84 Address: 206 HOLDEN AVE HENNING, MN 56551-4027 LOCATION: 6 County: Otter Tail Classifications 63010 Dwellings (Lessors' Risk Only) • One Family Premium Basis: Dwelling(s) Exposure Premises-Operations Products-Completed Operations C 1 l $60.00 1 ss.oo 1 Total Location 6 Commercial General Liability Premium $65.00 ~-------------------"'=='--' -- Address: 104 SMITH AVE# 106 NEW YORK MILLS, MN 56567-4506 LOCATION:7 County: Otter Tail Classifications 63011 Dwellings (Lessors' Risk Only) • Two Family Premium Basis: Dwelling(s) Exposure Premises-Operations Products-Completed Operations Valid Start Date 60Days )2/03/2025 Offer Expires 02/01/2026 I L $74.00 -------------' [----~~~------=~~_-______ $6_.o_o__, Proposal Term Page 01/01/2026 • 01/01/2027 30-35 78/84 Total Location 7 Commercial General Liability Premium Address: 104 PLEASANT LN NEW YORK MILLS, MN 56567-4100 LOCATION:8 County: Otter Tail Classifications 63010 Dwellings (Lessors' Risk Only) -One Family Premium Basis: Dwelling(s) Exposure Premises-Operations Products-Completed Operations Total Location 8 Commercial General Liability Premium Address: 210 LARSON CT NEW YORK MILLS, MN 56567-4500 LOCATION:9 County: Otter Tail Valid Start Date Offer Expires Proposal Term 60 Days 12/03/2025 02/01/2026 01/01/2026 -01/01/2027 $80.00 I 1 $60.00 $5.00 $65.00 Page 31-35 79/84 Classifications 63.010 . , Dwellings (Lessors' Risk Only) -One Family Premium Basis: Dwelling(s) Exposure Premises-Operations Products-Completed Operations 1 $60.00 $5.00 Total Location 9 Commercial General Liability,---=..P'-re::cm=iu::cm=--------------------$"-6=-5=-•c.co-"o'---, ~ - Address: 103 COURT ST DALTON, MN 56324-2200 LOCATION: 10 County: Otter Tail --- Classifications . - 63012 • Dwellings (Lessors' Risk Only) -Three Family Premium Basis: Dwelling(s) Exposure Premises-Operations Products-Completed Operations I 1 $151.00 $12.00 L Total Location~O Commercial General Liability Premium ______ ------------$~-16-3-.0~ Valid Start Date Offer Expires Proposal Term Page 60 Days 12/03/2025 02/01/2026 01/01/2026 -01/01/2027 32-35 80/84 .. ----------- - Address: 210 COURT ST DALTON, MN 56324-2201 LOCATION: 11 County: Otter Tail Classifications 63012 Dwellings (Lessors' Risk Only) -Three Family Premium Basis: Dwelling(s) Exposure Premises-Operations Products-Completed Operations Total Location 11 Commercial General Liability Premium Terrorism Terrorism -Certified Acts Terrorism -Certified Acts Premium Total Commercial General Liability Premium Valid Start Date Offer Expires 60 Days 12/03/2025 02/01/2026 r:-----------~, L 1 i $151.00 $12.00 $163.00 $13.00 Proposal Term Page 01/01/2026 -01/01/2027 33 -35 81/84 Commercial General Liability Plus Endorsement Applies to All Commercial General Liability Locations Extended Watercraft less than 50 feet in length Hired Auto and Non-Owned Auto Liability Broadened Supplementary Payments Loss of Earnings Additional Products-Completed Operations Aggregate Personal Injury Extension Broadened Knowledge of Occurrence Damage to Premises Rented to You - (Fire, Lightning, Explosion, Smoke, or Water Damage) Medical Payments Amendment Blanket Additional Insured -Lessor of Leased Equipment Blanket Additional Insured -Managers or Lessors of Premises Newly Formed or Acquired Organizations Extension Blanket Waiver of Subrogation Billing Options POLICY PAYMENT OVERVIEW I I I Company Bill Option Full Pay Semi-Annual Quarterly Required Deposit ![ $34,912.75 II $19,410.67 II $9,705.35 -I[ II II Remaining Installments 0 1 3 -JI ii ii Installment Amourit $0.00 $19,410.67 $9,705.33 L Monthly ii $3,235.13 IL __ _::_ !I $3,235.11 Installment amounts do not include billing fees. I Valid I Start Date Offer Expires 60 Days I 12/03/2025 02/01/2026 L _________ ~$_4_00~ up to $300,000 $10,000 Proposed Premium $38,821.34 Paid in Full Discount $3,908.59 Proposed Premium if on Full Pay Plan $34,912.75 Proposal Term Page 01/01/2026 -01/01/2027 34-35 82/84 Premiums quoted are subject to change based upon the actual coverages requested and completed underwriting information provided. All terms. conditions, coverages and premiums are subject to undenvriting acceptance and approval. The paid in full discount is not available for agency bill business. Delays in issuing policy may result in larger payment amounts spread over fewer installments. Your payment's due date is based on your policy effective date and may be changed at your request. Your total amount per payment may vary due to unique situations affecting your account. We are required to notify you of the federal Terrorism Risk Insurance Act of 2002 (including ensuing Congressional actions pursuant to the Act). Please refer to form 59345 IMPORTANT INFORMATION REGARDING TERRORISM RISK INSURANCE COVERAGE and REJECTION OF TERRORISM RISK INSURANCE COVERAGE, attached to this proposal. When coverage for certified acts of terrorism is elected, the premium for the coverage is shown in this proposal. If coverage for certified acts of terrorism is rejected, an additional premium charge may be made after 12-31-2020 if the Act is not extended or revised in any way. It will not apply if the Act is simply extended. ADDITIONAL DISCOUNTS AVAILABLE Up to an additional 2% discount may apply if the business owner, a partner, a corporate officer or a key employee has one of the following policies with Auto-Owners Life Insurance Company: Life Insurance Policy -$100,000 or greater face amount Disability Income Policy -Any monthly benefit (item 260) or $1,000 or greater (item 235) Non-Qualified Annuity -With combined cash value exceeding $10,000 Simplified Issue Life Policy -With a face amount of $50,000 This discount is not available in all states. Please ask your agent for details. Valid Start Date Offer Expires Proposal Term 60 Days 12/03/2025 02/01/2026 01/01/2026 -01/D1/2027 Page 35-35 OTTER TAIL COUNTY HOUSING AND REDEVELOPMENT AUTHORITY REQUEST FOR BOARD ACTION December 17, 2025 BOARD MEETING DATE AGENDA ITEM #4B Tanya Westra 12/10/2025 REQUESTOR’S SIGNATURE/DATE BOARD ACTION REQUESTED Resolution 329 Approving the Write Off of Outstanding Debts from Public Housing Vacated Tenants and Housing Choice Voucher Participant The purpose of Resolution No. 329 is to authorize writing off certain balances as described below for the Public Housing and Housing Choice Voucher Programs. Writing off these expenses does not relieve the required repayment by the tenant/participant but instead reduces the amount of receivables in the agency’s financial statement for a better overall agency score from HUD. This is a typical practice. The HRA, as many other agencies do, seeks reimbursement of these expenses through the MN Revenue Recapture administered by the State’s Department of Revenue. The program recaptures any income tax owed to the individual and is paid to the agency. Public Housing $15,174.98 3 former tenants; balances include tenant caused damage, unpaid rent and utilities; all claims have been submitted to MN Revenue Recapture Housing Choice Voucher $20,236 5 participants; all claims have been submitted to MN Revenue Recapture Staff recommends the Board approve Resolution No. 329 and authorize the write off of balances as stated above. PREVIOUS ACTION ON REQUEST/OTHER PARTIES ADVISED: N/A EXECUTIVE DIRECTOR DATE: Amy Baldwin 12/10/2025 ATTACHMENT LIST: Resolution No. 329 FINANCIAL IMPLICATIONS: Recapture of funds owed to the HRA BUDGETED: YES X NO FUNDING: PH & HCV COMMENTS 83/84 RESOLUTION NO. 329 RESOLUTION AUTHORIZING WRITE OFF OF CERTAIN PUBLIC HOUSING AND HOUSING CHOICE VOUCHER EXPENSES WHEREAS, the Otter Tail County Housing and Redevelopment Authority (the “Authority”) administers the Department of Housing and Urban Development (“HUD”) programs including the Public Housing and Housing Choice Voucher Programs; and WHEREAS, the account receivable balance at the end of the fiscal year is a scoring criteria to determine future HUD operating funds; and WHEREAS, it is common practice for Public Housing Authorities to “write off” outstanding balances from former tenants and participants in order to keep the account receivable balance as low as possible at the end of each fiscal year; and WHEREAS, during the 2025 Fiscal Year, $35,410.98 is outstanding for rent, utilities and cost to repair units upon vacating as well as overpaid Housing Assistance Payments; and WHEREAS, writing off this balance does not relieve the tenant’s responsibility to pay this debt; and WHEREAS, the Otter Tail County HRA attempts to collect the outstanding balance through Minnesota Revenue Recapture. NOW, THEREFORE, IT IS HEREBY RESOLVED: 1. That the Executive Director is hereby authorized to write off a balance of $15,174.98 for fiscal year 2025 in the Public Housing Program. 2. That the Executive Director is hereby authorized to write off a balance of $20,236 for fiscal year 2025 in the Housing Choice Voucher Program. Upon the motion of______________________, seconded by______________________, and passed on a ____________________vote, the above resolution is hereby adopted by the Otter Tail County Housing and Redevelopment Authority Board of Commissioners. Adopted this 17th day of December 2025. Dated: _______________________________ OTTER TAIL COUNTY HRA BOARD OF COMMISSIONERS Attest:________________________________ By:_______________________________ 84/84