HomeMy WebLinkAboutKit Housing - 2014-09-17Agenda # 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: September 17, 2014
TIME: 4:00 p.m.
PRESENT: Andrew Head, Bob McColl, Carl Zehr, Ted Bleaney, Lisa Keys, Bil Ioannidis,
Richard Parent, Mike Seiling, Frank Etherington
RESOURCE
STAFF: Karen Kwiatkowski, Iulian Anghel, Lori Trumper, Camelia Suciu
ABSENT:
Opening Remarks
Andrew Head - 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 Ted Bleaney and CARRIED, that
the agenda be approved.
4. Minutes
4.1 Approval of Board Minutes — August 20,2014
The minutes of the Board of Directors Meeting — August 20, 2014 had been circulated with the
agenda.
On a motion by Ted Bleaney seconded by Richard Parent and CARRIED, it was
resolved that the minutes of the Board Meeting of August 20, 2014 be accepted
as true.
5. Finance & Administration Business
5.1 Financial Statements — August 2014
The financial statements for August 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
March financial statements be approved.
5.2 Rental Arrears Report August 2014
Rental Arrears Report for August 2014 had been circulated with the agenda. The arrears were at
2 %, and arrears including retro charges were at 6 %.We had 4.5 vacancy and we were over the
market target by 18 units.
5.3 Annual Subsidy Entitlement Request
The Annual Subsidy Entitlement Request was circulated with the Agenda.
On a motion by Ted Bleaney seconded by Richard Parent and CARRIED, it was
resolved that Annual Subsidy Entitlement Request be approved as presented.
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, Ted Bleaney seconded by Bob McColl and CARRIED, the meeting
adjourned at 5:30 P.M
Chairman
ACCEPTANCE OF MINUTES
Secretary