HomeMy WebLinkAboutKit Housing - 2009-11-25
KITCHENER HOUSING INC
MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS
HELD:
Schmalz Room, City Hall, 200 King Street West, Kitchener
DATE:
November 25, 2009
TIME:
4:00 p.m.
PRESENT:
Denny Cybalski, Andrew Head, Mike Seiling, John Gazzola, Christina
Weylie, Corrine Cash
RESOURCE
STAFF:
Karen Kwiatkowski, Ann Eckert, Kristine Dearlove, Iulian Anghel, Cathy
Shafe, Camelia Suciu
ABSENT:
Carl Zehr, Paul Holowaty, Jamie Hill
Opening Remarks
1.
Denny Cybalski, Chair called the meeting to order at 4:10 p.m.
Denny announced that Kitchener City Council at their special meeting held November 23,
2009 appointed Andrew Head and Ted Bleaney to KHI’s Board of Directors for a three-year
term ending November 30, 2012.
The Board discussed revising By-law #9 dealing with the composition of the Board to add
two additional community directors. We have volunteers who are willing to serve on the
Board and have experience that KHI could use especially with projects coming up.
On a motion
by J. Gazzola, seconded by M. Seiling and CARRIED that
KHI’s By-law # 9 be revised to expand the community directors by 2 to a
maximum of 8 be approved.
Conflict of Interest
2. -nil
Approval of Agenda
3.
On a motion
by J. Gazzola, seconded by M. Seiling and CARRIED, the
agenda be approved.
Approval of Board Minutes – October 28, 2009
4.
The minutes of the Board of Directors Meeting of October 28, 2009 had been circulated
with the agenda.
2
On a motion
by A. Head, seconded by J. Gazzola and CARRIED, it was
resolved that the minutes of the Board Meeting of October 28, 2009 be
accepted as a true and correct record of the meeting.
Approval of Special Meeting Minutes – November 03,2009
4.1
The minutes of the Special Meeting regarding the quads of November 03, 2009 had been
circulated with the agenda.
On a motion
by A. Head, seconded by M. Seiling and CARRIED, it was
resolved that the minutes of the Special Meeting regarding the quads of
November 03, 2009 be accepted as a true and correct record of the meeting.
Finance & Administration Business
5.
Financial Statements October, 2009
5.1 –
The Financial Statements for October has been circulated with the agenda. Ann Eckert gave
an overview.
On a motion
by A. Head, seconded by M. Seiling and CARRIED, the
October statements be approved.
Rental Arrears Report – October 2009
5.2
The Rental Arrears Report for October had been circulated with the agenda. Camelia Suciu
gave the report.
The arrears for October were 3 % with 4 vacancies and we were over the market target by 7.
Property Business -
6. was discussed in Caucus
7. General Manager’s Report -
was discussed in Caucus
Open Forum –
8. nil
Other -
9. nil
Adjournment
10.
On a motion
by M. Seiling, seconded by C. Weylie and CARRIED, the meeting
adjourned at 5:30 p.m.
ACCEPTANCE OF MINUTES
___________________________________ __________________________
Chairman Secretary
