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HomeMy WebLinkAboutKit Housing - 2013-11-20 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: November 20, 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, Camelia Suciu ABSENT: Denny Cybalski, Carl Zehr 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 – October 16, 2013 4.1 The minutes of the Board of Directors Meeting –October 16, 2013 had been circulated with the agenda. On a motion by Ted Bleaney seconded by Mike Seiling and CARRIED, it was resolved that the minutes of the Board Meeting of October 16, 2013 be accepted as true. Finance & Administration Business 5. 5.1 Financial Statements – October 2013 The financial statements for October have been circulated with the agenda. Lori Trumper gave an overview of the report. On a motion by Ted Bleaney, seconded by Bob McColl and CARRIED, the October financial statements be approved. Rental Arrears Report – October 2013 5.2 Rental Arrears Report for October 2013 had been circulated with the agenda. The arrears were at 2%, we had 2.5 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, Christian Witt seconded by Corrine Cash and CARRIED, the meeting adjourned at 5:00 P.M ACCEPTANCE OF MINUTES ___________________________________ __________________________ Chairman Secretary