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HomeMy WebLinkAboutKit Housing - 2013-10-16 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 16, 2013 TIME: 4:00 p.m. PRESENT: Andrew Head, Bob McColl, Mike Seiling, Ted Bleaney, Richard Parent, Frank Etherington, Bil Ioannidis, Corrine Cash, Christian Witt RESOURCE STAFF: Karen Kwiatkowski, Iulian Anghel, Lori Trumper ABSENT: Denny Cybalski, Carl Zehr, Camelia Suciu Opening Remarks 1. Andrew Head - 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 – September 18, 2013 4.1 The minutes of the Board of Directors Meeting –September 18, 2013 had been circulated with the agenda. On a motion by Bob McColl seconded by Ted Bleaney and CARRIED, it was resolved that the minutes of the Board Meeting of September 18, 2013 be accepted as true. Finance & Administration Business 5. 5.1 Financial Statements – September 2013 The financial statements for September have been circulated with the agenda. Lori Trumper gave an overview of the report. On a motion by Frank Etherington, seconded by Mike Seiling and CARRIED, the September financial statements be approved. Rental Arrears Report – September 2013 5.2 Rental Arrears Report for September 2013 had been circulated with the agenda. The arrears were at 3%, we had 4 vacancy and we were over the market target by 19 units. 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, Corrine Cash seconded by Richard Parent and CARRIED, the meeting adjourned at 5:01 P.M ACCEPTANCE OF MINUTES ___________________________________ __________________________ Chairman Secretary