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HomeMy WebLinkAboutKit Housing - 2010-10-27 KITCHENER HOUSING INC MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS HELD: Schmalz Room, City Hall, 200 King Street West, Kitchener DATE: October 27, 2010 TIME: 4:30 p.m. PRESENT: Denny Cybalski, Carl Zehr, David Heintz, Andrew Head, Paul Holowaty, Ted Bleaney, Christina Weylie, Corrine Cash, Mike Seiling, John Gazzola RESOURCE STAFF: Karen Kwiatkowski, Iulian Anghel, Lori Trumper, Camelia Suciu ABSENT: Christina Weylie Opening Remarks 1. Denny Cybalski, Chair called the meeting to order at 4:30 p.m. Conflict of Interest 2. - nil Approval of Agenda 3. On a motion by Carl Zehr, seconded by Ted Bleaney and CARRIED, the agenda be approved. Approval of Board Minutes – September 29, 2010 4. The minutes of the Board of Directors Meeting of September 29, 2010 had been circulated with the agenda. On a motion by Andrew Head seconded by Paul Holowaty and CARRIED, it was resolved that the minutes of the Board Meeting of September 29, 2010 be accepted as a true and correct record of the meeting. Finance & Administration Business 5. Financial Statements – September 2010 5.1 The Financial Statements for September has been circulated with the agenda. Lori Trumper gave an overview or the report. On a motion by Corrine Cash, seconded by David Heintz and CARRIED, the September statements be approved. 2 Rental Arrears Report – September, 2010 5.2 The Rental Arrears Report for September had been circulated with the agenda. Lori Trumper gave the report. The arrears for August were 1 % with 5 vacancies and we were over the market target by 26 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, Paul Holowaty seconded by Corrine Cash and CARRIED, the meeting adjourned at 5:20 p.m. ACCEPTANCE OF MINUTES ___________________________________ __________________________ Chairman Secretary