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HomeMy WebLinkAboutKit Housing - 2013-09-18 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: September 18, 2013 TIME: 4:00 p.m. PRESENT: Bob McColl, Mike Seiling, Carl Zehr, Ted Bleaney, Richard Parent, Frank Etherington, RESOURCE STAFF: Karen Kwiatkowski, Iulian Anghel, Lori Trumper ABSENT: Bil Ioannidis, Andrew Head, Denny Cybalski, Corrine Cash, Christian Witt Opening Remarks 1. Bob McColl - called the meeting to order at 4:00 p.m. Conflict of Interest 2. - nil Approval of Agenda 3. On a motion by Mike Seiling, seconded by Ted Bleaney and CARRIED, that the agenda be approved. Minutes 4. Approval of Board Minutes – August 21, 2013 4.1 The minutes of the Board of Directors Meeting –August 21, 2013 had been circulated with the agenda. On a motion by Carl Zehr seconded by Richard Parent and CARRIED, it was resolved that the minutes of the Board Meeting of August 21, 2013 be accepted as true. Finance & Administration Business 5. 5.1 Financial Statements – August 2013 The financial statements for August have been circulated with the agenda. Lori Trumper gave an overview of the report. On a motion by Richard Parent, seconded by Carl Zehr and CARRIED, the August financial statements be approved. Rental Arrears Report – August 2013 5.2 Rental Arrears Report for August 2013 had been circulated with the agenda. The arrears were at 4%, we had 4 vacancy and we were over the market target by 17 units. 5.32014 Region of Waterloo Subsidy Request The 2014 Region of Waterloo Subsidy Request was handed out at the meeting. On a motion by Ted Bleaney, seconded by Mike Seiling and CARRIED, the 2014 Region of Waterloo Subsidy Request be approved. Property Business – 6. no report was presented at the meeting 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, Mike Seiling seconded by Richard Parent and CARRIED, the meeting adjourned at 5:00 P.M ACCEPTANCE OF MINUTES ___________________________________ __________________________ Chairman Secretary