HomeMy WebLinkAboutKit Housing - 2014-06-18Agenda # 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: June 18, 2014
TIME: 4:00 p.m.
PRESENT: Bob McColl, Carl Zehr, Ted Bleaney, Lisa Keys, Frank Etherington, Bil
Ioannidis, Richard Parent, Mike Seiling
RESOURCE
STAFF: Karen Kwiatkowski, Iulian Anghel, Lori Trumper
ABSENT: Andrew Head
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 Richard Parent, seconded by Lisa Keys and CARRIED, that the
agenda be approved.
4. Minutes
4.1 Approval of Board Minutes — April 16, 2014
The minutes of the Board of Directors Meeting —April 16, 2014 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 April 16, 2014 be accepted as
true.
5. Election of Executive
On a motion duly made by Carl Zehr, seconded by Richard Parent and CARRIED
unanimously, that Andrew Head be appointed as Chair, Bob McColl as Vice - Chair,
Bil Ioannidis as Treasurer, Ted Bleaney as Secretary.
6. Finance & Administration Business
6.1 Financial Statements — April & May 2014
The financial statements for April and May 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.
6.2 Rental Arrears Report May 2014
Rental Arrears Report for May 2014 had been circulated with the agenda. The arrears were at
4 %, we had 3.3 vacancy and we were over the market target by 18 units.
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. Adiournment
On a motion by, Richard Parent seconded by Ted Bleaney and CARRIED, the meeting
adjourned at 5:30 P.M
Chairman
ACCEPTANCE OF MINUTES
Secretary