HomeMy WebLinkAboutKit Housing - 2012-10-17
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:
October 17, 2012
TIME:
4:00 p.m.
PRESENT:
Andrew Head, Carl Zehr, Mike Seiling, Ted Bleaney, Bil Ioannidis, Christian
Witt, Corrine Cash, Bob McColl
RESOURCE
STAFF:
Karen Kwiatkowski, Iulian Anghel, Lori Trumper, Camelia Suciu
ABSENT:
Denny Cybalski, David Heintz, Frank Etherington,
Opening Remarks
1.
Andrew Head - Chair, called the meeting to order at 4:00 p.m.
Conflict of Interest
2. - nil
Approval of Agenda
3.
On a motion
by Bil Ioannidis, seconded by Mike Seiling and CARRIED,
that the agenda be approved.
Minutes
4.
Approval of Board Minutes – September 19, 2012
4.1
The minutes of the Board of Directors Meeting September 19, 2012 had been circulated
with the agenda.
On a motion
by Bil Ioannidis seconded by Ted Bleaney and CARRIED, it
was resolved that the minutes of the Board Meeting of September19, 2012
be accepted as true.
Finance & Administration Business
5.
5.1 Financial Statements – September 2012
The financial statements for September have been circulated with the agenda. Lori Trumper
gave an overview of the report.
On a motion
by Bob McColl, seconded by Mike Seiling and CARRIED,
the September financial statements be approved.
2
.
5.4Rental Arrears Report – September 2012
Rental Arrears Report for September 2012 had been circulated with the agenda. The arrears
were at 4%, we had 5 vacancies and we were over the market target by 10 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
Open Forum - nil
8.
Other – nil
9.
Adjournment
10.
On a motion
by, Ted Bleaney seconded by Corrine Cash and CARRIED, the
meeting adjourned at 4:30 p.m.
ACCEPTANCE OF MINUTES
___________________________________ __________________________
Chairman Secretary