HomeMy WebLinkAboutKit Housing - 2011-11-16
KITCHENER HOUSING INC
MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS
HELD:
Schmalz Room, City Hall, 200 King Street West, Kitchener
DATE:
November 16, 2011
TIME:
4:00 p.m.
PRESENT: ,
Andrew Head, Corrine CashFrank Etherington, Ted Bleaney, Bob McColl,
Mike Seiling, Bil Ioannidis
RESOURCE
STAFF: ,
Karen KwiatkowskiIulian Anghel, Lori Trumper, Camelia Suciu
ABSENT:
Christian Witt, Denny Cybalski, Carl Zehr, David Heintz
Opening Remarks
1.
Andrew Head, Chair, called the meeting to order at 4:10 p.m.
Conflict of Interest
2. - nil
Approval of Agenda
3.
On a motion
by Corrine Cash, seconded by Ted Bleaney and CARRIED, the
agenda be approved.
Minutes
4.
Approval of Board Minutes – October 19, 2011
4.1
The minutes of the Board of Directors Meeting October 19, 2011 had been circulated with
the agenda.
On a motion
by Corrine Cash seconded by Ted Bleaney and CARRIED, it
was resolved that the minutes of the Board Meeting of October 19, 2011 be
accepted as a true and correct record of the meeting.
Finance & Administration Business
5.
Financial Statements – October, 2011
5.1
Financial Statements for the October have been circulated with the agenda. Lori Trumper
gave an overview of the report.
On a motion
by Mike Seiling, seconded by Bil Ioannidis and CARRIED,
the October statements be approved.
2
Rental Arrears Report – October 2011
5.2
Rental Arrears Report for October 2011 has been circulated with the agenda. Lori Trumper
gave an overview of the report. The arrears were at 2%, we had 3 vacancies and we were
over the market target by 27 units.
Property Business -
6. was discussed in Caucus
Tenant Placement
6.1 – was discussed in Caucus
Property Maintenance Report
6.2 – was discussed in Caucus
Capital Improvement Budget – externally restricted fund and capital forecast
6.3
2012-2017
– was discussed in Caucus
General Manager’s Report -
7.was discussed in Caucus
Chair updates
8. – was discussed in Caucus
Open Forum - nil
9.
Other - nil
10.
Adjournment
11.
On a motion
by, Bil Ioannidis seconded by Mike Seiling and CARRIED, the
meeting adjourned at 5.05 p.m.
ACCEPTANCE OF MINUTES
___________________________________ __________________________
Chairman Secretary