HomeMy WebLinkAboutKit Housing - 2014-04-16Agenda # 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: April 16, 2014
TIME: 4:00 p.m.
PRESENT: Andrew Head, Carl Zehr, Ted Bleaney, Lisa Keys, Bob McColl, Frank
Etherington, Bil Ioannidis
RESOURCE
STAFF: Karen Kwiatkowski, Iulian Anghel, Lori Trumper
ABSENT: Corrine Cash, Richard Parent, Mike Seiling, Camelia Suciu
1. Opening Remarks
Bob McColl - called the meeting to order at 4:00 p.m.
2. Conflict of Interest - nil
3. Approval of Agenda
On a motion by Ted Bleaney, seconded by Bob McColl and CARRIED,
that the agenda be approved.
4. Minutes
4.1 Approval of Board Minutes — March 19, 2014
The minutes of the Board of Directors Meeting —March 19, 2014 had been circulated
with the agenda.
On a motion by Lisa Keys seconded by Bil Ioannidis and CARRIED, it
was resolved that the minutes of the Board Meeting of March 19, 2014 be
accepted as true.
5. Finance & Administration Business
5.1 Financial Statements — March 2014
The financial statements for March have been circulated with the agenda. Lori Trumper
gave an overview of the report.
On a motion by Ted Bleaney, seconded by Bil Ioannidis and CARRIED,
the March financial statements be approved.
5.2 Rental Arrears Report — February 2014
Rental Arrears Report for March 2014 had been circulated with the agenda. The arrears
were at 4 %, we had 2.5 vacancy and we were over the market target by 17 units.
Questions were raised about the high amount of arrears at mid - month.
Follow -up.
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, Bob McColl seconded by Ted Bleaney and CARRIED, the
meeting adjourned at 5:30 P.M
Chairman
ACCEPTANCE OF MINUTES
Secretary