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HomeMy WebLinkAboutKit Housing - 2011-05-18 KITCHENER HOUSING INC MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS HELD: Schmalz Room, City Hall, 200 King Street West, Kitchener DATE: May 18, 2011 TIME: 4:00 p.m. PRESENT: Andrew Head, David Heintz, Corrine Cash, Frank Etherington, Bob McCall, Christian Witt, Bil Ioannidis, Ted Bleaney, Mike Seiling, Carl Zehr RESOURCE STAFF: , Karen KwiatkowskiIulian Anghel, Lori Trumper, Camelia Suciu, Kristine Dearlove ABSENT: Denny Cybalski, Opening Remarks 1. David Heintz, Vice-Chair called the meeting to order at 4:30 p.m. Conflict of Interest 2. - nil Approval of Agenda 3. On a motion by Bob McColl, seconded by Bil Ioannidis and CARRIED, the agenda be approved. Minutes 4. Approval of Board Minutes – April 20, 2011 4.1 The minutes of the Board of Directors Meeting April 20, 2011 had been circulated with the agenda. On a motion by Bob McColl seconded by Corrine Cash and CARRIED, it was resolved that the minutes of the Board Meeting of April 20, 2011 be accepted as a true and correct record of the meeting. 5. Finance & Administration Business Financial Statements – April, 2011 5.1 Financial Statements for the April have been handed out at the meeting. Lori Trumper gave an overview of the report. On a motion by Bil Ioannidis, seconded by Corrine Cash and CARRIED, the April statements be approved 2 Rental Arrears Report – April 2011 5.2 The Rental Arrears Report for April 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 39. 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, Bob McColl seconded by Ted Bleaney and CARRIED, the meeting adjourned at 4:30 p.m. ACCEPTANCE OF MINUTES ___________________________________ __________________________ Chairman Secretary