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HomeMy WebLinkAboutKit Housing - 2012-04-18 Agenda # 4.1 KITCHENER HOUSING INC MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS HELD: Schmalz Room, City Hall, 200 King Street West, Kitchener DATE: April 18, 2012 TIME: 4:00 p.m. PRESENT: Carl Zehr, Ted Bleaney, Bob McColl, Frank Etherington, Bil Ioannidis, Christian Witt, David Heintz RESOURCE STAFF: Karen Kwiatkowski, Iulian Anghel, Lori Trumper, Camelia Suciu ABSENT: Corrine Cash, Denny Cybalski, Andrew Head, Mike Seiling Opening Remarks 1. David Heintz, Chair, called the meeting to order at 4:50 p.m. Conflict of Interest 2. - nil Approval of Agenda 3. On a motion by Ted Bleaney, seconded by Bob McColl and CARRIED, the agenda be approved. Minutes 4. Approval of Board Minutes – March 29, 2012 4.1 The minutes of the Board of Directors Meeting March 29, 2012 had been circulated with the agenda. On a motion by Ted Bleaney seconded by Carl Zehr and CARRIED, it was resolved that the minutes of the Board Meeting of March 29, 2011 be accepted as true. Finance & Administration Business 5. Financial Statements - March 2012 5.1 The financial statements for March have been handed out at the meeting. Lori Trumper gave an overview or the report. On a motion by Bil Ioannidis, seconded by Frank Etherington and CARRIED, the February financial statements be approved. 2 Rental Arrears Report – March 2012 5.2 Rental Arrears Report for March 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 20 units. 5.3A/C hydro surcharge 2012 The air conditioning agreement for 2012 was a hand out at the meeting. On a motion by Ted Bleaney, seconded by Bob McColl and CARRIED the air conditioning rates for 2012 to remain the same as 2011 rates be approved. 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 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 5.30 p.m. ACCEPTANCE OF MINUTES ___________________________________ __________________________ Chairman Secretary