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HomeMy WebLinkAboutKit Housing - 2011-03-25 KITCHENER HOUSING INC MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS th HELD: 30 Duke Street, 9 Floor, Kitchener DATE: March 25, 2011 TIME: 4:00 p.m. PRESENT: Andrew Head, Carl Zehr, Bil Ioannidis, Frank Etherington, Bob McColl, Ted Bleaney, Mike Seiling, Denny Cybalski, David Heintz, Christian Witt, Corrine Cash RESOURCE STAFF: , Karen KwiatkowskiIulian Anghel, Lori Trumper, Camelia Suciu ABSENT: Carl Zehr Opening Remarks 1. Andrew Head, Chair called the meeting to order at 3:30 p.m. Conflict of Interest 2. - nil Approval of Agenda 3. On a motion by Bob McColl, seconded by Corrine Cash and CARRIED, the agenda be approved. Minutes 4. Approval of Board Minutes – February 16, 2011 4.1 The minutes of the Board of Directors Meeting February 16, 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 February 16, 2011 be accepted as a true and correct record of the meeting. Approval of Minutes – Executive Meeting - January 26, 2011 4.2 The minutes of the Executive Meeting of January 26, 2011 had been circulated with the agenda. On a motion by Denny Cybalski seconded by Ted Bleaney and CARRIED, it was resolved that the minutes of the Executive Meeting of January 26, 2011 be accepted as a true and correct record of the meeting. 2 5. Finance & Administration Business Financial Statements – February, 2011 5.1 Financial Statements for the February have been handed out at the meeting. Lori Trumper gave an overview of the report. On a motion by Denny Cybalski, seconded by Bob McCall and CARRIED, the February statements be approved Rental Arrears Report – February, 2011 5.2 The Rental Arrears Report for February had been circulated with the agenda. Lori Trumper gave the report. The arrears for January were 2 % with 6 vacancy and we were over the market target by 37. 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, Ted Bleaney seconded by Bob McColl and CARRIED, the meeting adjourned at 5:30 p.m. ACCEPTANCE OF MINUTES ___________________________________ __________________________ Chairman Secretary