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HomeMy WebLinkAboutKit Housing - 2012-03-29 Agenda # 4.1 KITCHENER HOUSING INC MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS HELD: Conestoga Room, City Hall, 200 King Street West, Kitchener DATE: March 29, 2012 TIME: 4:00 p.m. PRESENT: Andrew Head, Carl Zehr, Ted Bleaney, Bob McColl, Mike Seiling, Denny Cybalski, Frank Etherington, RESOURCE STAFF: Iulian Anghel, Lori Trumper, Camelia Suciu ABSENT: Corrine Cash, Bil Ioannidis, Christian Witt, David Heintz, Karen Kwiatkowski 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 Mike Seiling, seconded by Bob McColl and CARRIED, the agenda be approved. Minutes 4. Approval of Board Minutes – February 15, 2012 4.1 The minutes of the Board of Directors Meeting February 15, 2012 had been circulated with the agenda. On a motion by Mike Seiling seconded by Bob McColl and CARRIED, it was resolved that the minutes of the Board Meeting of February 15, 2011 be accepted as amended. Finance & Administration Business 5. Financial Statements - February 2012 5.1 The financial statements for February have been circulated with the agenda. Lori Trumper gave an overview or the report. On a motion by Mike Seiling, seconded by Ted Bleaney and CARRIED, the February financial statements be approved. 2 Rental Arrears Report – February 2012 5.2 Rental Arrears Report for February 2012 has been circulated with the agenda. Lori Trumper gave an overview of the report. The arrears were at 2%, we had 1 vacancy and we were over the market target by 21 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 General Manager’s Report - 7.was discussed in Caucus Region of Waterloo Non Shelter Agreement – 35 Street Phase 1- Additional two 8. units Ministry of Municipal Affairs and Housing – 35 David Street Phase II 9. Confirmation was discussed in Caucus - Open Forum - nil 10. Other – nil 11 Adjournment 12. On a motion by, Bob McColl seconded by Frank Etherington and CARRIED, the meeting adjourned at 5.30 p.m. ACCEPTANCE OF MINUTES ___________________________________ __________________________ Chairman Secretary