HomeMy WebLinkAboutKit Housing - 2013-03-20
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:
March20, 2013
TIME:
4:00 p.m.
PRESENT:
Bob McColl, Carl Zehr, Ted Bleaney, Corrine Cash, Frank Etherington,
Richard Parent, Ted Bleaney, Denny Cybalski, Bil Ioannidis
RESOURCE
STAFF:
Karen Kwiatkowski, Iulian Anghel, Lori Trumper, Camelia Suciu
ABSENT:
Andrew Head, Mike Seiling, Christian Witt
Opening Remarks
1.
Bob McColl – Vice-Chair, called the meeting to order at 4:00 p.m.
Conflict of Interest
2. - nil
Approval of Agenda
3.
On a motion
by Corrine Cash, seconded by Ted Bleaney and CARRIED,
that the agenda be approved.
Minutes
4.
Approval of Board Minutes – January 16, 2013
4.1
The minutes of the Board of Directors Meeting –January 16, 2013 had been circulated with
the agenda.
On a motion
by Corrine Cash seconded by Richard Parent and CARRIED,
it was resolved that the minutes of the Board Meeting of January 16, 2013
be accepted as true.
Finance & Administration Business
5.
5.1 Financial Statements – February 2013
The financial statements for February have been circulated with the agenda. Lori Trumper
gave an overview of the report.
On a motion
by Denny Cybalski, seconded by Ted Bleaney and CARRIED,
the February financial statements be approved.
2
Rental Arrears Report – February, 2013
5.2
Rental Arrears Report for February 2013 had been circulated with the agenda. The arrears
were at 4%, we had 1 vacancy and we were over the market target by 9 units.
Starting January 2013 the reporting of vacant unit has changed. All the housing providers
will have the same way of recording and reporting the vacancy loss. Effective January 1,
2013, all vacancies will be recorded at the market value of the unit.
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 –
9.
Adjournment
10.
On a motion
by, Ted Bleaney seconded by Richard Parent and CARRIED, the
meeting adjourned at 5:00 P.M
ACCEPTANCE OF MINUTES
___________________________________ __________________________
Chairman Secretary