HomeMy WebLinkAboutKit Housing - 2011-01-19
KITCHENER HOUSING INC
MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS
HELD:
Schmalz Room, City Hall, 200 King Street West, Kitchener
DATE:
January 19, 2011
TIME:
4:00 p.m.
PRESENT:
Andrew Head, Bil Ioannidis, Corrine Cash, Christian Witt, Frank
Etherington, Bob McColl, Ted Bleaney, Mike Seiling
RESOURCE
STAFF:
Karen Kwiatkowski, Iulian Anghel, Lori Trumper, Camelia Suciu
ABSENT:
Denny Cybalski, Carl Zehr, David Heintz
Opening Remarks
1.
Andrew Head, Chair called the meeting to order at 4:00 p.m.
Conflict of Interest
2. - nil
Approval of Agenda
3.
On a motion
by Corrine Cash, seconded by Mike Seiling and CARRIED, the
agenda be approved.
Minutes
4.
Approval of Board Minutes – November 24, 2010
4.1
The minutes of the Board of Directors Meeting of November 24, 2010 had been circulated
with the agenda.
On a motion
by Corrine Cash seconded by Mike Seiling and CARRIED, it
was resolved that the minutes of the Board Meeting of November 24, 2010
be accepted as a true and correct record of the meeting.
Approval of Minutes – Special Meeting – December 15, 2010
4.2
The minutes of the Board of Directors Meeting of December 15, 2010 had been circulated
with the agenda.
On a motion
by Mike Seiling seconded by Corrine Cash and CARRIED, it
was resolved that the minutes of the Board Meeting of December 15, 2010
be accepted as a true and correct record of the meeting.
2
Board Introduction
4.3
Andrew suggested that all the Board member introduce themselves indicating their reason
for joining Kitchener Housing Board, and what strengths do they bring to the corporation.
Mike Seiling is the Director of Building for City of Kitchener, he is on the Board because of
the Building construction experience and he is interested in building permits and safe
buildings. He is interested in giving back to the community and bringing his experience to
the Board.
Bil Ioannidis is a Councillor with City of Kitchener and he is interested in the housing
market. Bil brings his experience as a private landlord to the Board.
Bob McColl is interested in everything that City of Kitchener does and he has been on
various committees and boards before. He is hoping to learn a lot of what Kitchener
Housing does and bring his experience to this board.
Ted Bleaney was always interested in social housing. In the past he had his own rental
places as well and he is positive that he can bring his experience to KHI board.
Corrine Cash joined Kitchener Housing Inc because she was involved in non profit housing
boards before. She is extremely interested in all the issues regarding the social housing and
she is doing her PHD in urban planning.
Frank Etherington is Councillor for Ward 9. Before running for Councillor, Frank was a
journalist for many years and always been interested in low cost housing.
Christian Witt is the president of Schoeck Canada. It is a German company that has moved
to Canada in 2009 .The community has been really wonderful to Christian and his family
and he decided to give back and support the community. He is also a Civil Engineer and has
experience in market development.
Andrew Head is an Urban Planner and he has his own rental houses as well. He is always
looking for new ways to give back to the community.
Finance & Administration Business
5.
Financial Statements
5.1
The R & E statements have been circulated with the agenda. Lori Trumper gave an
overview or the report. The statements included the accruals up to the point that we know of
up to December 31, 2010.There will be some further adjustments beyond this point. Lori
would like to sit with the Treasurer and any other interested members of the Board on how
they want to see the financial statements produced and what type of information they want
on the report.
Rental Arrears Report – December, 2010
5.2
The Rental Arrears Report for December had been circulated with the agenda. Lori Trumper
gave the report.
3
The arrears for December were 2 % with no vacancies and we were over the market target
by 39.
In the previous meeting was discussed the number of market units that we have above the
target and that we have to bring the numbers down to be closer to the target. The plan over
the next six months is that every market unit that is vacated to be rented as a RGI unit. As
for the new building at David Street we only have two units that will be rented as market
and the rest as RGI.
Property Business -
6. was discussed in Caucus
General Manager’s Report -
7.was discussed in Caucus
Open Forum - nil
8.
Other - nil
9.
Adjournment
10.
On a motion
by, Bil McColl seconded by Frank Etherington and CARRIED, the
meeting adjourned at 5:15 p.m.
ACCEPTANCE OF MINUTES
___________________________________ __________________________
Chairman Secretary