HomeMy WebLinkAboutKit Housing - 2010-03-31
KITCHENER HOUSING INC
MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS
HELD:
Schmalz Room, City Hall, 200 King Street West, Kitchener
DATE:
March 31, 2010
TIME:
4:00 p.m.
PRESENT:
Denny Cybalski, Andrew Head, Mike Seiling, John Gazzola, Paul Holowaty,
David Heintz, Christina Weylie, Corrine Cash
RESOURCE
STAFF:
Karen Kwiatkowski, Ann Eckert, Kristine Dearlove, Iulian Anghel, Susan
Campbell-Emans, Camelia Suciu
ABSENT:
Carl Zehr, Ted Bleaney
OTHER:
Melinda Dalton – The Record
Patrick Simmons - Architect
Opening Remarks
1.
Denny Cybalski, Chair called the meeting to order at 4:00 p.m.
Conflict of Interest
2. - nil
Approval of Agenda
3.
On a motion
by P. Holowaty, seconded by M. Seiling and CARRIED, the
agenda be approved.
Approval of Board Minutes – February 24, 2010
4.
The minutes of the Board of Directors Meeting of February 24, 2010 had been circulated
with the agenda.
On a motion
by P. Holowaty, seconded by M. Seiling and CARRIED, it
was resolved that the minutes of the Board Meeting of February 24, 2010
be accepted as a true and correct record of the meeting.
Presentation of 35 David St. By Patrick Simmons, RS Architects
5.
Patrick Simmons presented the design of the new building at 35 David Street.
It will have 18 one-bedroom apartments and will feature a mansard roof, red brick and a
stone base, designed to match with the Victoria School apartment building. It is a better
design and will require less maintenance.
2
Finance & Administration Business
6.
Financial Statement – February 2010
6.1
The Financial Statements for February has been circulated with the agenda. Ann Eckert
gave an overview.
On a motion
by J. Gazzola, seconded by D. Heintz and CARRIED, the
February statements be approved.
Consolidated Statement of Revenues and Expenditures
6.2
An unaudited copy of the Consolidated Statement of Revenues and Expenditures as of
December 31, 2009 had been circulated with the agenda for the Board’s information.
Rental Arrears Report February, 2010
6.3 –
The Rental Arrears Report for February had been circulated with the agenda. Camelia Suciu
gave the report.
The arrears for February were 1 % with 11 vacancies and we were over the market target by
9.
Melinda Dalton left the meeting at this time.
Property Business -
7. was discussed in Caucus
General Manager’s Report -
8.was discussed in Caucus
Open Forum –
9. nil
Other -
10. was discussed in Caucus
Adjournment
11.
On a motion
by P. Holowaty, seconded by M. Seiling and CARRIED, the meeting
adjourned at 5:00 p.m.
ACCEPTANCE OF MINUTES
___________________________________ __________________________
Chairman Secretary