northeast housing board meeting links/nenedd pubs/agendas... · northeast nebraska economic...

NORTHEAST NEBRASKA ECONOMIC DEVELOPMENT DISTRICT

BOARD OF DIRECTORS MEETING

WEDNESDAY, JULY 31, 2013 - 6:15 P.M.

JD’s Bar & Grill, 586 S Lincoln St, West Point, Nebraska

The Chairman and Board of Directors reserve the right to adjourn into closed session as per

Section 84-1410 of the Nebraska Open Meetings Act.

AGENDA

I. Call to Order: Inform the public about the location of the Open Meetings Act and that it

is accessible to the public (LB 898).

II. Roll Call

III. Introduction of Council of Officials Representatives

IV. Secretary’s Report A. Approval of Agenda

B. Approval of June 2013 Minutes (as mailed & posted)

V. Treasurer’s Report A. June 2013 Treasurer’s Report

VI. Discussion Items

A. Quarterly Department Reports

B. 2013-2014 Board Meeting Dates and Locations

C. Quarterly Loan Review

VII. Action Items

A. Business Revolving Loan Fund (RLF) - Appoint Jan Wietfield to serve on the

Northeast Revolving Loan Fund (RLF) Committee

B. Credit Bureau Reporting on Business and Housing Loans/1099 C Reporting

VIII. Chairman/Board Comments

IX. Next Meeting Date: The Northeast Nebraska Economic Development District Board of

Directors meeting will be held on Wednesday, August 28, 2013 at 7:15 p.m. at

Serendipity, 408 W Locust Ave in Plainview, Nebraska.

X. Adjournment

Treasurer’s Report Item V. A

NENEDD Board Agenda

Object: Approval of the Preliminary June, 2013 Treasurer’s Report

Contact Person: Patsy Taylor, Fiscal Officer

For: Action

Background: Northeast Nebraska Economic Development District’s (NENEDD) June, 2013 Statements

of Financial Position and the Statements of Revenues and Expenditures that reflect the June Budget,

Actual and Budget Variance. Also stated is the Fiscal Year (FY) 2013 Budget for the nonaccrual

accounts, July 1, 2012 through June 30, 2013 Actual, Budget Variance so far this fiscal year and Percent

of the Fiscal Year 2013 Budget remaining.

Explanation: Additional Information:

Business Loan Principal Received-$25,680.42

Housing Rehabilitation Principal Received-$908.69

Business Loan Disbursements-$00.00

.

Year to date Revenues Over (Under) Expenditures $80,887.59

Year to date Non Operating Revenue:

Local Revolving Loan Fund (RLF) Contributions (5,000.00)

Economic Development Administration (EDA) Peer Project Revenue (3,393.90)

Year to date Non Operating Expenditures:

Donations (Loan Payments to Northeast Economic Development, Inc.) 13,567.93

Economic Development Administration (EDA) Peer Project 3,393.90

Depreciation Expense 22,808.73

Loans Written Off 28,947.25

Loans Forgivable Portion 3,642.48

$144,853.98

Year to Date Principal Paid on Vehicles (24,764.04)

Actual Year to date Revenue Over (Under)

Expenditures $120,089.94

Motion: To approve the Preliminary June, 2013 Treasurer’s Report as presented.

Discussion Item VI. A

NENEDD Board Agenda

Object: Administrative Department Quarterly Report

Contact Person: Tom, Tina, Patsy, Mickella, Candice

For: Discussion

Background: Quarterly administrative report as of June 30, 2013

Financial staff:

Prepared and ran month end procedures and analyzed financial statements for the reporting period

including cost allocation distribution

Updated element codes and set up cost allocations

Monitored and entered Revolving Loan Fund (RLF) loan payments into Grants Management

System (GMS) and prepared the corresponding spreadsheet, ran and analyzed reports for loan

funds, set up profiles and ran amortization schedules for new loans, ran payoff statements as

needed for NENEDD and Northeast Economic Development, Inc. (NED, Inc.)

Prepared accounts payable, cash receipts, accounts receivable and payroll processing, bank

reconciliations, account transfers, invoicing for services rendered and annual service fees, federal

tax deposit, month end journal entries and processing, updated chart of accounts and element

sheet for staff, updated copier codes and timesheet database

Monitored and managed contributions and withdrawals for each employee’s cafeteria plan

Set up loan profiles on Regional Rehab loans, tracked repayments and ran amortization schedules

and payoff statements as needed

Updated vendor and customer information in Micro Information Products Program(MIP)

Monitored and prepared the financials of NED, Inc, reviewed, sent in and monitored drawdown’s,

prepared and monitored cash receipts, accounts payable and receivable, bank reconciliations,

prepared contractors payments and correspondence, prepared line of credit activation and payoff

billing and miscellaneous office

Set up loan profiles on Business loans, tracked repayments and ran amortization schedules and

payoff statements as needed

Created new reports in MIP as necessary

Did loan Automatic Clearing House (ACH) payments in-house and followed up on unpaid ACH

loan payments

Assisted Executive Director as needed

Prepared and sent correspondence to loans clients as needed

Non-Profit Development Organization (NDO) reports, Housing Reuse Reports, Intermediary

Relending Program (IRP) & Rural Microenterprise Assistance Program (RMAP) reports for

NED, Inc.

Housing Reuse Reports and IRP reports for NENEDD

Participated in department meetings

Assisted and attended the Regional Blueprint Conference

Attended Health Care Reform seminar

Assisted and attended NENEDD’s annual banquet


Management Projects:

Executive Director

o Norfolk Attended various resource team meeting hosted by City economic development

department regarding potential economic development projects

Attend City of Norfolk Work sessions and council meetings as needed

Attend weekly Action Council meeting to discuss economic development

projects

Working with various business regarding job creation for a county Community

Development Block Grant (CDBG) grant for Industrial Highway project

Continue to meet with City staff on the Community Revitalization program

Continue working with City to inventory available lots and building for

economic development projects

Assisting City in assessing what properties could qualify for Tax Increment

Financing (TIF)

o Program/Project Administration General management & correspondence of NENEDD and NED, Inc.

o Misc.

Continue to work with Nebraska Regional Officials Council (NROC) on

Economic Development Administration (EDA) planning grant for a state wide

impact study. Working with NROC, EDA, and Department of Economic

Development (DED) on state wide Comprehensive Economic Development

Strategy (CEDS). DED will discuss at September 2012 NROC meeting

Continue to work with National Association of Development Organization

(NADO) board of directors on national policy issues

Participate in various National webinar’s related to federal funding

Working with NROC and EDA on keeping the Central District up and running.

Participated in NROC conference calls and quarterly meeting in Kearney to

discuss a statewide Comprehensive Economic Development Strategy (CEDS)

Conducted town hall meeting as part of the CEDS process for the Central

Nebraska Economic Development District

Assisting with the Nuisance Abatement Program in Scribner

Deputy Director

o Fremont

Oversight and administration of Comprehensive Revitalization projects

Attended mtgs w/City and Department of Economic Development (DED) to

discuss projects and participated in city council mtgs and monitoring’s

Monitor LB840 projects (job/creation/retention)

o Norfolk Meetings w/city staff, oversight and general administration of Comprehensive

Revitalization projects

Attended city council mtgs as they related to projects listed above

Oversight of the new 2nd

Story Rental Rehabilitation program

o Misc.

Completed & submitted 2013 Comprehensive Revitalization Needs

Assessment/Strategy for Norfolk, Fremont and Columbus

Continue to work w/Madison County official on the environmental review for the

Northeast Industry Highway project


Participated in Nebraska Regional Officials Council (NROC) conference calls

and quarterly meeting in Kearney to discuss a statewide Comprehensive

Economic Development Strategy (CEDS)

Conducted town hall meetings and completed the CEDS to the Economic

Development Administration for the Central Nebraska Economic Development

District

Currently conducting Nuisance Abatement Program in Scribner

Continued participation in agent meetings & training w/Coldwell Banker Dover

Realtors

Participated in Housing and Urban Development (HUD) Sustainable

Communities and Regional Blueprint Planning housing meetings

Executive & Deputy Directors

o NENEDD

Overall management of organization, programs and budgets

Submitted a proposal to the Sherwood Foundation for funding of the blue print

regional plan

Providing technical assistance to the Central Nebraska District with updating

their comprehensive economic development strategy (CEDS)

Submitted the Community Development Financial Institutions (CDFI) Fund

recertification application for Northeast Economic Development, Inc. (NED,

Inc.)

o NADO (National Association of Development Organizations)

Participated in NADO conference calls pertaining to budget and funding cuts of

CDBG & EDA

o EDA (Economic Development Administration)

Implementing goals CEDS scope of work

o NDED (Nebraska Department of Economic Development)

Continue communications w/DED staff on community projects

o Program/Project Administration/Misc General management & correspondence of the District

Administrative staff:

Answer Phone Daily.

Quotes/Order and Stock Office Supplies for Office and Staff.

Deliver faxes.

Miscellaneous typing/copying for staff.

Prepare monthly Board Meeting agendas and Minutes

Weigh, stamp and take mail to Post Office.

Open, stamp and deliver mail to staff.

Prepare daily deposit.

Attend Staff Meetings.

Enter new housing clients into Grant Management System (GMS).

Monthly Accounts Payable (A/P) Invoices.

Housing Down Payment Assistance (DPA) & Owner Occupied Rehabilitation (OOR) Insurance.

Enter monthly loan balances.

Assist staff as needed.

Assisted and attended the Regional Blueprint Conference.


Attended NROC Conference in Kearney, Nebraska.

Marketing staff:

Marketing strategy implementation/development

Keep updated supply of brochures & misc. promotional materials for staff use

Develop/design community project promotional materials as needed

Inform members/partners of latest project successes/economic development news through email

marketing system – Vertical Response (also maintain database of contacts)

Maintain NENEDD Facebook page

Maintain NENEDD Twitter account

NENEDD website – Regular updates and additions of new pages

Regional newspaper review

Assist with miscellaneous surveys conducted by NENEDD

Annual meeting preparation & planning

Annual report preparation

Regional Blueprint for Sustainability

o assistance with Economic Development & Tourism Committee chapters

o tourism goal strategy development

o regional marketing/branding effort

o assistance with maps that will be incorporated into the final report

o news updates

o web updates

o regional survey assistance

o development conference planning

o miscellaneous meeting planning & organization

o promotional materials design

Cover design/photo layout/map work for contracted studies (i.e. – blight, comprehensive

revitalization, etc.)

Misc. assistance with grant applications as needed - statistical data gathering, photos, etc

Northeast Nebraska Travel Council participation and strategic planning assistance

o elected member at large

o marketing committee co-chair

o regional marketing for tourism development

Assist with Central Nebraska Economic Development District (CNEDD) Economic Development

Administration (EDA) planning grant

o CEDS survey work

o Correspondence with CNEDD media/municipalities/board

Nebraska Regional Officials Council (NROC) website updates


NENEDD Board Agenda

Object: Business Dept Quarterly Report

Contact Person: Jeff & Holly

For: Discussion

Background: Business Department Quarterly Report for April – June 2013

Business Loans – Client Meetings, Site Visits & City Council Meetings

o Albion

o Boone County

o Burt County

o Columbus

o Creighton

o David City

o Dodge

o Fremont

o Fullerton

o Hartington

o Knox County

o Lyons

o Neligh

o Norfolk

o North Bend

o Platte County

o Schuyler

o Walthill

o Wayne

o West Point

Business Transition & Succession Client Meetings

o Albion

o Beemer

o Nance County

o Neligh

o O’Neill

o Pender

o Pierce

o Scribner

o South Sioux City

o Scribner

o Snyder

o Wayne

Community RLF’s & CDBG Projects

- Discussions regarding Community Development Block Grant (CDBG) program income options

with communities and counties

- Meeting with City of Norfolk on Economic Development projects

- Economic Development Monitor and Close out

- Prepare CDBG job creation/retention forms and performance reports (quarterly & final reports)

- Cedar Knox Public Power District Loan

- Knox County Loan

Miscellaneous, Training & Activities

- Façade Improvement Program for City of Norfolk and Fremont – Process Applications, Monitor

Davis Bacon, Conduct Employee Interviews, Contract Meetings

- Business Transition & Succession Planning presentations throughout northeast Nebraska

- Participated in Small Business Administration Webinar

- Participated in United States Department of Agriculture (USDA) Webinar and Face to Face

meeting

- Attended Greater Fremont Development Council (GFCD) Trustees Meeting

- Attend Regional Blueprint Economic Development and Workforce meetings

- Attended Nebraska Regional Officials Council (NROC) Meeting in Kearney

- Attended Economic Development Financial Services (EDFS) Training in South Carolina

- USDA Community Development Week – Columbus – Mohrmann Tool

- Revolving Loan Fund (RLF) Database

- Northeast Network Meeting

- Participate in MidWest Renewable Capital Advisory Committee semi-annual mtg (conf call)

- Client annual site visits


NENEDD Board Agenda ______________________________________________________________________________

Object: Housing Dept Quarterly Report

Contact Person: Jamie & Judy

For: Discussion

______________________________________________________________________________

Background: Housing Dept Quarterly Report April – June 2013

Housing Rehabilitation - Processing applications & conducting inspections for Regional housing grants, community reuse

programs, and Fremont Comprehensive Revitalization grants.

- Prepare Tier II Environmental Reviews for housing rehabilitation properties.

- Property Inspections

- Lead Inspections & clearances

- Meetings with contractors and homeowners

- Prepare and submit drawdowns.

- Attend NED Inc. board meetings and city council meetings.

- Continuing to market and promote programs.

- Attend meetings with the City of Norfolk concerning the administration and federal requirements

for housing rehabilitation grant.

Down Payment Assistance - Process applications and income qualify applicants

- Prepare Tier II Environmental Reviews on properties.

- Property Inspections

- Attend loan closings

New Construction - Monitor the progress on construction of homes for Hartington New Construction Grant

- Meetings with contractors

- Process applications and income qualify applicants

- Prepare Tier II Environmental Reviews on properties

- Attend informational meetings with Dover Realtors and applicants

Miscellaneous

- Prepare Tier II Environmental Reviews for City of Norfolk facade program.

- Assist with Tier II Environmental Reviews for City of Columbus facade program

Training & Activities –

- Attend Nebraska Regional Officials Council (NROC) Staff Retreat in Kearney

- Presentations for Nebraska Investment Finance Authority (NIFA) luncheons Wakefield, Madison,

Schuyler, and Pender.



Object: Community Planning Department Quarterly Report

Contact Person: Lowell and Alyssa

For: Discussion

______________________________________________________________________________

Background: Community Planning Dept Quarterly Report: April – June 2013

Applications Awarded – Madison Downtown Revitalization Phase I

Applications submitted –Walthill Planning Grant (Recreation and Wellness Master Plan)—

Awarded July 2013, Duncan Planning Grant (GIS Water/Sewer Mapping & Wellhead Protection

Planning), Madison NAHP, Wayne NAHP, Wakefield NAHP, Schuyler Planning Grant (Library

Feasibility Study), Wayne Comprehensive Investment & Stabilization Phase I, Schuyler

Comprehensive Investment & Stabilization Phase I, Duncan Public Works Grant (Streets),

Osmond Public Works (Target Area Streets), Walthill Public Works (Streets)

Applications being worked on –Planning Dept. is working with communities to determine

applicants for second 2013 planning grant cycle.

CDBG Administration – monitoring of projects, federal requirements compliance, site visits and

on-going meetings for projects.

o Desktop monitoring being completed on several Community Development Block Grant

Planning Grants

o DED Site visit prior to Madison Downtown Revitalization award

o DED monitoring of 11-WW-003 (Walthill lagoon)

Continuing assistance to Central Nebraska Economic Development District.

Community Wide Attitude Surveys-Preparing for Lyons, Oakland, and Winslow

Community Income Surveys –Newman Grove (completed in April), Osmond target area

(completed in May), Verdigre Rural Fire District.

Strategic Planning/Town Hall Meetings –Wakefield

Planning Projects & meetings

Blight Studies, completed- Wayne, Pender.

Blight Studies-Creighton, Wisner, Pender, Norfolk (2), Madison

TIF/Blight Study presentations to Councils/Boards-Creighton, Crofton, Bancroft

Regional Blueprint

o Development Conference, April 3-4, 2013

o Transportation Committee Meeting-Lowell

Attended monthly Northeast Network meetings

Alyssa attended Schuyler Downtown Revitalization Committee meetings

NIFA Housing meetings-Wakefield, Madison

Training

Nebraska State Historical Society Conference (June)-Lowell and Alyssa

Nebraska Regional Officials Council Conference (April)-Lowell and Alyssa

Discussion Item VI. B


Object: 2013 -2014 NENEDD Board Meeting Dates and Locations

Contact Person: Thomas L. Higginbotham, Jr.

For: Discussion

_____________________________________________________________________________________

Background/Explanation: The dates and locations of the current fiscal year’s NENEDD board meetings

are listed below. The dates and locations are subject to change.

2013-2014 Board of Directors Meeting Dates & Locations NED, Inc & NENEDD

July, 2013 Wednesday, July 31, 2013 Synder - Smeal Fire 7:00 PM

August, 2013 Wednesday, August 28, 2013 Plainview (No Tour) 7:00 PM

September, 2013 Wednesday, September 25, 2013 Columbus - Flex Con 7:00 PM

October, 2013 Wednesday, October 30, 2013 Conference Call – Various

Locations 7:00 PM

November, 2013 Wednesday, November 20, 2013 Conference Call – Various

Locations 7:00 PM

December, 2013 Wednesday, December 18, 2013 Norfolk (No Tour) 7:00 PM

January, 2014 Wednesday, January 29, 2014 Conference Call – Various

Locations 7:00 PM

February, 2014 Wednesday, February 26, 2014 Conference Call – Various

Locations 7:00 PM

March, 2014 Wednesday, March 26, 2014 Conference Call – Various

Locations 7:00 PM

April, 2014 Wednesday, April 30, 2014 Albion - Azonic 7:00 PM

May, 2014 Wednesday, May 28, 2014 Crofton (No Tour) 7:00 PM

June, 2014 Wednesday, June 25, 2014 Norfolk (No Tour) 7:00 PM

Motion: None needed.

Discussion Item VI. C

NENEDD Board Agenda

Object: Quarterly Loan Review


For: Discussion

Background: Attached are the loan receivables for all of NENEDD funding sources.

Explanation: Below are loans of interest:

Business Loan #310004 – Client has moved to Montana to start over. He is currently working for the

Agricultural Stabilization and Conservation Service (ASCS) office and his spouse is a secretary, but plans

on returning to teaching in the fall. The equipment is in Utah and they tried to sell, but there wasn’t a

market for it. They are keeping in contact with Gene Rahn from Center for Rural Affairs Rural Enterprise

Assistance Project (REAP), who we share a lien with on the equipment, and are in the process of working

something out.

Business Loan #312005 – We are in the process of working with the client to get payments in arrears

paid.

Business Loan #312006 – Sent correspondence to client about payments in arrears.

Ag

ing

Re

po

rt

Fu

nd

s:

Sta

tus:

Co

un

ty:

City

: L

oa

n O

ffice

r: P

ag

e 1

of 4

Cu

toff D

ate

: 0

7/2

9/2

01

3 5

:34

:06

am

Lo

an

Am

t B

ala

nce

Pa

ym

en

t 1

Pa

ym

en

t C

urre

nt

Re

gu

lar

----------An

aly

sis

of P

aym

en

ts D

ue

--------------

2 P

aym

en

ts 3

Pa

ym

en

ts L

t Da

ys

To

tal D

ue

Ove

r 3

No

rthe

ast N

eb

raska

Eco

no

mic

De

ve

lop

me

nt D

istric

t R

un

Da

te:

Ru

n T

ime

:

Dis

bu

rse

d

7/2

9/2

01

3

(3820

0,3

8300,3

850

0,3

8700,3

870

1,3

88

00

,38

90

0,3

91

00

,39

20

0,3

97

00

) A

ll A

ll A

ll A

ll In

clu

de lo

an

s fro

m 1

to

61300

601

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

03

11

4

9,0

00

.00

4

9,0

00

.00

3

47

.94

5

19

.71

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

03

13

5

9,5

00

.00

5

9,5

00

.00

4

2,2

11

.78

4

27

.79

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

03

14

5

1,0

00

.00

5

1,0

00

.00

3

61

.20

5

40

.93

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

04

04

2

5,0

00

.00

2

5,0

00

.00

1

1,5

36

.65

2

10

.96

0

.00

0

0

.00

0

.00

0

.00

0

.00

0

42

1

75

,50

0.0

0

75

,50

0.0

0

54

,80

7.2

4

54

0.9

1

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

04

23

1

8,0

00

.00

1

8,0

00

.00

9

,37

0.6

0

15

1.8

9

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

05

09

1

5,0

00

.00

1

5,0

00

.00

3

,22

1.3

9

16

6.5

3

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

06

03

1

26

,30

1.0

0

12

6,3

01

.00

6

1,7

04

.90

1

,23

2.5

1

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

06

05

1

00

,00

0.0

0

10

0,0

00

.00

7

8,1

59

.24

6

90

.58

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

06

07

7

5,0

00

.00

7

5,0

00

.00

4

6,2

24

.62

6

32

.89

0

.00

0

0

.00

0

.00

0

.00

0

.00

0

60

8

75

,00

0.0

0

75

,00

0.0

0

47

,01

2.9

0

63

2.8

9

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

06

11

1

00

,00

0.0

0

10

0,0

00

.00

2

5,8

34

.33

1

,11

0.2

0

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

07

00

1

00

,00

0.0

0

10

0,0

00

.00

6

6,1

49

.50

8

43

.86

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

07

03

1

00

,00

0.0

0

10

0,0

00

.00

6

4,8

44

.55

8

43

.86

0

.00

0

0

.00

0

.00

0

.00

0

.00

0

70

5

85

,00

0.0

0

85

,00

0.0

0

57

,77

6.0

7

71

7.2

8

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

07

55

1

5,0

00

.00

1

5,0

00

.00

1

0,1

95

.63

1

26

.58

0

.00

0

0

.00

0

.00

0

.00

0

.00

4

00

6

12

,72

3.9

0

12

,72

3.9

0

2,8

97

.99

7

0.6

9

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

40

11

7

,10

6.7

2

8,4

09

.88

1

,63

9.0

1

19

.74

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

40

16

1

5,0

00

.00

1

5,0

00

.00

3

,75

0.4

5

83

.33

0

.00

0

0

.00

0

.00

0

.00

0

.00

4

01

9

14

,97

7.0

5

14

,97

7.0

5

3,6

60

.49

8

3.2

1

0.0

0

0 0

.00

0

.00

0

.00

0

.00

4

02

9

7,5

00

.00

7

,50

0.0

0

53

4.0

5

0.0

0

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

40

31

7

,50

0.0

0

7,5

00

.00

3

12

.50

6

2.5

0

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

40

35

7

,50

0.0

0

7,5

00

.00

2

,70

7.9

5

41

.67

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

40

37

7

,50

0.0

0

7,5

00

.00

3

12

.50

6

2.5

0

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

40

38

1

2,3

09

.06

1

2,3

09

.06

4

,44

5.3

6

68

.38

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

40

39

8

,99

4.2

3

8,9

94

.23

3

,68

4.7

0

59

.97

0

.00

0

0

.00

0

.00

0

.00

0

.00

4

04

0

5,1

46

.57

5

,14

6.5

7

2,1

70

.81

3

4.0

5


Ag

ing

Re

po

rt

Fu

nd

s:

Sta

tus:

Co

un

ty:

City

: L

oa

n O

ffice

r: P

ag

e 2

of 4

Cu

toff D

ate

: 0

7/2

9/2

01

3 5

:34

:06

am

Lo

an

Am

t B

ala

nce

Pa

ym

en

t 1

Pa

ym

en

t C

urre

nt

Re

gu

lar

----------An

aly

sis

of P

aym

en

ts D

ue

--------------

2 P

aym

en

ts 3

Pa

ym

en

ts L

t Da

ys

To

tal D

ue

Ove

r 3

No

rthe

ast N

eb

raska

Eco

no

mic

De

ve

lop

me

nt D

istric

t R

un

Da

te:

Ru

n T

ime

:

Dis

bu

rse

d

7/2

9/2

01

3

(3820

0,3

8300,3

850

0,3

8700,3

870

1,3

88

00

,38

90

0,3

91

00

,39

20

0,3

97

00

) A

ll A

ll A

ll A

ll In

clu

de lo

an

s fro

m 1

to

61300

601

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

40

41

1

4,4

75

.00

1

4,4

75

.00

4

,66

3.7

6

80

.42

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

40

43

1

3,3

64

.04

1

3,3

64

.04

4

,89

8.4

4

89

.11

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

40

45

1

4,7

72

.75

1

4,7

72

.75

6

,04

8.0

0

98

.51

0

.00

0

0

.00

0

.00

0

.00

0

.00

4

04

7

7,5

00

.00

7

,50

0.0

0

2,7

07

.95

4

1.6

7

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

40

50

1

5,0

00

.00

1

5,0

00

.00

5

,41

7.0

5

83

.33

0

.00

0

0

.00

0

.00

0

.00

0

.00

4

05

1

7,5

00

.00

7

,50

0.0

0

31

2.5

0

62

.50

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

40

52

7

,50

0.0

0

7,5

00

.00

3

12

.50

6

2.5

0

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

40

54

7

,50

0.0

0

7,5

00

.00

3

12

.50

6

2.5

0

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

40

55

7

,50

0.0

0

7,5

00

.00

3

12

.50

6

2.5

0

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

40

56

4

,30

8.7

5

4,3

08

.75

1

,75

3.8

9

29

.00

0

.00

0

0

.00

0

.00

0

.00

0

.00

9

90

3

10

0,0

00

.00

1

00

,00

0.0

0

12

,21

8.7

3

79

0.7

8

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

39

02

0

12

,00

0.0

0

12

,00

0.0

0

7,9

39

.33

1

27

.28

0

.00

0

0

.00

0

.00

0

.00

0

.00

3

01

01

1

32

,00

0.0

0

32

,00

0.0

0

22

,94

7.7

5

33

9.4

1

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

30

10

12

1

5,0

00

.00

1

5,0

00

.00

5

,75

3.7

9

28

3.0

7

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

30

10

14

6

5,0

00

.00

6

5,0

00

.00

5

4,9

45

.32

5

14

.02

0

.00

0

0

.00

0

.00

0

.00

0

.00

3

01

01

6

30

,00

0.0

0

30

,00

0.0

0

14

,14

8.5

3

56

6.1

4

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

30

70

06

1

00

,00

0.0

0

10

0,0

00

.00

4

6,0

10

.02

1

,41

3.3

9

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

30

70

09

3

2,5

00

.00

3

2,5

00

.00

2

2,6

01

.00

2

74

.25

0

.00

0

0

.00

0

.00

0

.00

0

.00

3

07

01

0

35

,00

0.0

0

35

,00

0.0

0

24

,27

9.8

9

29

5.3

5

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

30

70

11

2

0,0

00

.00

2

0,0

00

.00

3

,06

3.1

5

29

2.1

7

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

30

70

13

8

0,0

00

.00

8

0,0

00

.00

5

6,5

05

.69

6

75

.09

0

.00

0

0

.00

0

.00

0

.00

0

.00

3

07

01

4

35

,00

0.0

0

35

,00

0.0

0

25

,50

5.3

6

29

5.3

5

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

30

80

04

8

0,0

00

.00

8

0,0

00

.00

5

8,2

97

.54

6

75

.09

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

30

80

06

1

00

,00

0.0

0

10

0,0

00

.00

3

8,4

88

.78

1

,46

0.8

6

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

30

80

07

1

00

,00

0.0

0

10

0,0

00

.00

2

3,4

58

.75

1

,46

0.8

6

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

30

80

08

3

5,0

00

.00

3

5,0

00

.00

8

,16

9.7

5

51

1.3

0

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

30

90

01

5

0,0

00

.00

5

0,0

00

.00

1

1,6

44

.51

8

28

.64

0

.00

0

0

.00

0

.00

0

.00

0

.00

3

09

00

4

50

,00

0.0

0

50

,00

0.0

0

20

,79

4.8

6

73

0.4

3

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

30

90

05

2

4,5

00

.00

2

4,5

00

.00

1

0,4

71

.59

3

57

.91

0

.00

0

0

.00

0

.00

0

.00

0

.00

3

09

00

6

26

,40

0.0

0

26

,40

0.0

0

21

,24

3.8

8

22

2.7

8

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

30

90

08

5

0,0

00

.00

5

0,0

00

.00

3

7,1

28

.64

4

21

.93

0

.00

0

0

.00

0

.00

0

.00

0

.00

3

09

00

9

10

0,0

00

.00

1

00

,00

0.0

0

43

,56

7.3

9

1,4

13

.39


Ag

ing

Re

po

rt

Fu

nd

s:

Sta

tus:

Co

un

ty:

City

: L

oa

n O

ffice

r: P

ag

e 3

of 4

Cu

toff D

ate

: 0

7/2

9/2

01

3 5

:34

:06

am

Lo

an

Am

t B

ala

nce

Pa

ym

en

t 1

Pa

ym

en

t C

urre

nt

Re

gu

lar

----------An

aly

sis

of P

aym

en

ts D

ue

--------------

2 P

aym

en

ts 3

Pa

ym

en

ts L

t Da

ys

To

tal D

ue

Ove

r 3

No

rthe

ast N

eb

raska

Eco

no

mic

De

ve

lop

me

nt D

istric

t R

un

Da

te:

Ru

n T

ime

:

Dis

bu

rse

d

7/2

9/2

01

3

(3820

0,3

8300,3

850

0,3

8700,3

870

1,3

88

00

,38

90

0,3

91

00

,39

20

0,3

97

00

) A

ll A

ll A

ll A

ll In

clu

de lo

an

s fro

m 1

to

61300

601

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

30

90

10

1

00

,00

0.0

0

10

0,0

00

.00

7

9,6

16

.45

7

90

.79

0

.00

0

0

.00

0

.00

0

.00

0

.00

3

09

01

1

30

,00

0.0

0

30

,00

0.0

0

24

,10

4.3

2

23

7.2

4

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

30

90

13

3

5,0

00

.00

3

5,0

00

.00

2

2,2

18

.46

3

71

.23

0

.00

0

0

.00

0

.00

0

.00

0

.00

3

09

01

9

14

,00

0.0

0

14

,00

0.0

0

2,8

27

.88

2

64

.20

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

31

00

01

1

00

,00

0.0

0

10

0,0

00

.00

8

2,1

61

.55

7

90

.79

6,1

54

.00

5

15

3

62

.00

3

62

.00

3

62

.00

5

,06

8.0

0

31

00

04

3

5,0

00

.00

3

5,0

00

.00

2

7,7

22

.22

3

62

.00

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

31

00

05

2

0,0

00

.00

2

0,0

00

.00

6

,92

7.7

6

37

7.4

2

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

31

00

12

5

0,0

00

.00

5

0,0

00

.00

4

4,0

28

.75

4

21

.93

0

.00

0

0

.00

0

.00

0

.00

0

.00

3

10

01

3

50

,00

0.0

0

50

,00

0.0

0

44

,19

4.6

0

42

1.9

3

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

31

00

15

3

5,0

00

.00

3

5,0

00

.00

3

0,9

97

.66

2

95

.35

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

31

00

16

3

0,0

00

.00

3

0,0

00

.00

2

3,5

28

.16

3

25

.58

0

.00

0

0

.00

0

.00

0

.00

0

.00

3

11

00

1

35

,00

0.0

0

35

,00

0.0

0

17

,49

1.3

3

66

0.4

9

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

31

10

02

2

0,0

00

.00

2

0,0

00

.00

1

7,8

53

.59

1

68

.77

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

31

10

03

1

2,0

00

.00

1

2,0

00

.00

6

,92

8.8

6

22

6.4

5

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

31

10

04

3

0,0

00

.00

3

0,0

00

.00

1

6,0

99

.23

5

66

.14

0

.00

0

0

.00

0

.00

0

.00

0

.00

3

11

00

5

10

,50

0.0

0

10

,50

0.0

0

9,8

52

.85

9

2.5

3

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

31

10

07

1

00

,00

0.0

0

10

0,0

00

.00

9

1,8

75

.28

8

43

.86

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

31

20

01

1

00

,00

0.0

0

10

0,0

00

.00

9

2,8

73

.28

8

43

.86

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

31

20

02

3

9,6

00

.00

3

9,6

00

.00

3

4,7

88

.97

4

29

.76

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

31

20

03

1

00

,00

0.0

0

10

0,0

00

.00

9

7,1

81

.26

8

43

.86

0

.00

0

0

.00

0

.00

0

.00

0

.00

3

12

00

4

30

,00

0.0

0

30

,00

0.0

0

27

,44

3.0

6

32

5.5

8

63

4.8

8

58

3

17

.44

3

17

.44

0

.00

0

.00

3

12

00

5

29

,25

0.0

0

29

,25

0.0

0

27

,57

3.2

1

31

7.4

4

2,1

55

.50

8

9

71

8.5

0

71

8.5

0

71

8.5

0

0.0

0

31

20

06

5

0,0

00

.00

5

0,0

00

.00

4

8,3

50

.00

7

18

.50

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

31

20

07

2

5,0

00

.00

2

5,0

00

.00

2

1,4

59

.64

4

08

.45

0

.00

0

0

.00

0

.00

0

.00

0

.00

3

13

00

1

60

,00

0.0

0

60

,00

0.0

0

55

,89

6.4

6

70

0.0

0

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

31

30

02

2

00

,00

0.0

0

20

0,0

00

.00

1

89

,28

0.5

6

2,0

48

.75


Ag

ing

Re

po

rt

Fu

nd

s:

Sta

tus:

Co

un

ty:

City

: L

oa

n O

ffice

r: P

ag

e 4

of 4

Cu

toff D

ate

: 0

7/2

9/2

01

3 5

:34

:06

am

Lo

an

Am

t B

ala

nce

Pa

ym

en

t 1

Pa

ym

en

t C

urre

nt

Re

gu

lar

----------An

aly

sis

of P

aym

en

ts D

ue

--------------

2 P

aym

en

ts 3

Pa

ym

en

ts L

t Da

ys

To

tal D

ue

Ove

r 3

No

rthe

ast N

eb

raska

Eco

no

mic

De

ve

lop

me

nt D

istric

t R

un

Da

te:

Ru

n T

ime

:

Dis

bu

rse

d

7/2

9/2

01

3

(3820

0,3

8300,3

850

0,3

8700,3

870

1,3

88

00

,38

90

0,3

91

00

,39

20

0,3

97

00

) A

ll A

ll A

ll A

ll In

clu

de lo

an

s fro

m 1

to

61300

601

0.0

0

0

0.0

0

0.0

0

0.0

0

0.0

0

31

30

03

6

4,0

00

.00

6

4,0

00

.00

6

2,2

27

.33

5

40

.07

To

tals

8,9

44

.38

*** To

tal D

elin

qu

en

t Do

llars

Pe

rce

nt D

elin

qu

en

t Do

llars

4.3

1%

4

.31

%

3.1

6%

1

.15

%

***To

tal o

f loa

n b

ala

nce

s w

hic

h a

re in

arre

ars

1,3

97

.94

1,3

97

.94

1,0

80

.50

5,0

68

.00

10

3,6

45

.43

1

03

,64

5.4

3

76

,07

2.2

2

27

,72

2.2

2

3,8

53

,03

2.2

3

3,8

51

,72

9.0

7

2,4

07

,30

0.4

1

38

,98

9.9

1

4.3

1%

10

3,6

45

.43


Action Item VII. A

NENEDD Board Agenda

Object: Appoint Jan Wietfield to serve a three-year term on the Northeast Revolving Loan Fund

(RLF) Committee

Contact Person: Holly Quinn/ Jeff Christensen

For: Action

Explanation: The Northeast RLF Committee has nine members; each with a three-year rotating term.

The terms of Gaylord Wilcox was due to renew and had not been filled as of last month. Gaylord

remained on until a replacement was found. We would like to recommend appointing Jan Wietfield,

Loan Officer at Citizens State Bank in Leigh, as Gaylord’s replacement filling a banker’s position on the

RLF Committee.

Born in Columbus, Nebraska and raised on a farm near Creston, NE., Jan attended a one room K-8 grade

school near Creston and High School in Leigh, NE. After working at First National Bank in Columbus,

NE for 2 ½ years, she came back to Leigh to work for the Bank of Leigh, now known as Citizens State

Bank. Jan has been in banking for 39 years working in all areas of the banking system and obtained

position as loan officer in 2008. After raising four boys and one girl, ages ranging from 21 to 35, she

enjoys golfing, cooking, reading, and is looking forward to her first grandchild being born in December.

Motion: To approve the appointment of Jan Wietfield to serve a three-year term on the Northeast RLF

Committee as recommended by NENEDD staff.

Action Item VII. B

NENEDD Board Agenda

Object: Credit Bureau Reporting on Business and Housing Loans/1099 C Reporting


For: Action

Background: Discussions and presentations were held at previous board meetings regarding the

reporting of business and housing loans to the credit bureau and 1099 C reporting to the Internal Revenue

Service.

Explanation

Credit Bureau Reporting: The credit reporting policies provided by Credit Builders Alliance (CBA)

were reviewed by our legal counsel and there were no indications of any issues with contracting with

Credit Builders Alliance for credit reporting NENEDD/NED, Inc.’s client loans. A recommendation was

made that we start with new loans and update our closing documents to include verbiage regarding the

reporting of the client loan to the credit bureau and indicate what bureaus will be receiving the

information. Since a management contract exists between NENEDD and NED, Inc., NENEDD will be

the entity that will go through the credentialing process with CBA. NED, Inc’s loans will be reported

under NENEDD’s name. It would be cost prohibitive to credential NED, Inc. also.

1099 C Reporting: Since NENEDD and NED, Inc. have different Internal Revenue Service structure

classifications, the regulations mandating the reporting of cancellation of debt to the Internal Revenue

Service using Form 1099 C would also be different. At this time neither organization is required to report

cancellation of debt to the Internal Revenue Service.

Motion: To approve NENEDD contracting with Credit Builders Alliance (CBA) for credit reporting of

NENEDD/NED, Inc.’s business and housing loans with loan closing dates after the credentialing process

is complete and acceptance has occurred as recommended by NENEDD staff; and to not report

cancellation of debt to the Internal Revenue Service using Form 1099 C until required to as recommended

by NENEDD staff.

northeast housing board meeting links/nenedd pubs/agendas... · northeast nebraska economic...

Documents