HomeMy WebLinkAboutKit Housing - 2014-02-19Agenda # 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: February 19, 2014
TIME: 4:00 p.m.
PRESENT: Andrew Head, Carl Zehr, Bob McColl, Mike Seiling, Ted Bleaney,
Richard Parent, Frank Etherington, Bil Ioannidis, Lisa Keys
RESOURCE
STAFF: Karen Kwiatkowski, Iulian Anghel, Lori Trumper, Camelia Suciu
ABSENT: Corrine Cash
1. Opening Remarks
Andrew Head - called the meeting to order at 4:00 p.m.
Andrew welcomed and introduced Lisa Keys to the Board of Directors.
2. Conflict of Interest - nil
3. Approval of Agenda
On a motion by Bob McColl, seconded by Mike Seiling and CARRIED,
that the agenda be approved.
4. Minutes
4.1 Approval of Board Minutes — November 20, 2013
The minutes of the Board of Directors Meeting — November 20, 2013 had been circulated
with the agenda.
On a motion by Mike Seiling seconded by Richard Parent and
CARRIED, it was resolved that the minutes of the Board Meeting of
November 20, 2013 be accepted as true.
5. Finance & Administration Business
5.1 Financial Statements — January 2014
The financial statements for January have been circulated with the agenda. Lori Trumper
gave an overview of the report.
On a motion by Bil Ioannidis, seconded by Richard Parent and
CARRIED, the January financial statements be approved.
5.2 Rental Arrears Report — January 2014
Rental Arrears Report for January 2014 had been circulated with the agenda. The arrears
were at 5 %, we had 2.7 vacancy and we were over the market target by 15 units. Increase
in the arrears is due to a retro rent charge at Waldau Woods.
6. Property Business — was discussed in Caucus
6.1 Tenant Placement — was discussed in Caucus
6.2 Property Maintenance Report — was discussed in Caucus
7. General Manager's Report - was discussed in Caucus
8. Open Forum - nil
9. Other —
10. Adjournment
On a motion by, Ted Bleaney seconded by Bob McColl and CARRIED, the
meeting adjourned at 5:15 P.M
Chairman
ACCEPTANCE OF MINUTES
Secretary