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HomeMy WebLinkAboutKit Housing - 2011-06-15 KITCHENER HOUSING INC MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS HELD: Schmalz Room, City Hall, 200 King Street West, Kitchener DATE: June 15, 2011 TIME: 4:00 p.m. PRESENT: David Heintz, Corrine Cash, Frank Etherington, Bob McCall, Bil Ioannidis, Ted Bleaney, Carl Zehr, Denny Cybalski RESOURCE STAFF: , Karen KwiatkowskiIulian Anghel, Lori Trumper, Camelia Suciu ABSENT: Mike Seiling, Bil Ioannidis, Christian Witt, Andrew Head Opening Remarks 1. David Heintz, Vice-Chair called the meeting to order at 4:10 p.m. Conflict of Interest 2. - nil Approval of Agenda 3. On a motion by Denny Cybalski, seconded by Corrine Cash and CARRIED, the agenda be approved. Minutes 4. Approval of Board Minutes – May 18, 2011 4.1 The minutes of the Board of Directors Meeting May 18, 2011 had been circulated with the agenda. On a motion by Carl Zehr seconded by Corrine Cash and CARRIED, it was resolved that the minutes of the Board Meeting of May 18, 2011 be accepted as a true and correct record of the meeting. 5. Finance & Administration Business Financial Statements – May, 2011 5.1 Financial Statements for the May have been handed out at the meeting. Lori Trumper gave an overview of the report. On a motion by Bob McColl, seconded by Ted Bleaney and CARRIED, the May statements be approved 2 Rental Arrears Report – May 2011 5.2 The Rental Arrears Report for May had been circulated with the agenda. Lori Trumper gave the report. The arrears for April were 2 % with 4 vacancies and we were over the market target by 36. 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, Denny Cybalski seconded by Ted Bleaney and CARRIED, the meeting adjourned at 5.00 p.m. ACCEPTANCE OF MINUTES ___________________________________ __________________________ Chairman Secretary