HomeMy WebLinkAboutKit Housing - 2015-02-18KITCHENER HOUSING INC
MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS
HELD: Schmalz Room, City Hall, 200 King Street West, Kitchener
DATE: February 18, 2015
TIME: 4:00
PRESENT: Bob McColl, Ted Bleaney, Lisa Keys, Bil Ioannidis, Richard Parent, Frank
Etherington, Berry Vrbanovic, Andre Chin
RESOURCE
STAFF: Tom Belanger, Lori Trumper, Julian Anghel Camelia Suciu
ABSENT: Preet Kohli, Mike Seiling
GUESTS: Dr. Joseph Lee, Jenn Metzloff
Opening Remarks
Bob McColl - called the meeting to order at 4:00 p.m.
Dr. Joseph Lee, Chair & Lead Physician and Jenn Metzloff, Executive Director for The Centre
for Family Medicine were present at the meeting. Dr. Lee presented:
• Background of the Centre
• Services provided
• Challenges
• Strategic goals
• Proposal for the agreement with KHI
The Board will consider and discuss the options and inform the Centre about the decision made.
2. Conflict of Interest - nil
3. Approval of Agenda
On a motion Bil Ioannidis, seconded by Ted Bleaney and CARRIED, that the
agenda be approved with the modification that Agenda 4 8.2 will not be discussed
IN- CAMERA.
4. Minutes
4.1 Approval of Board Minutes — January 21, 2015
The minutes of the Board of Directors Meeting — January 21, 2015 had been circulated with the
agenda.
On a motion by Ted Bleaney seconded by Bil Ioannidis and CARRIED, it was
resolved that the minutes of the Board Meeting of January 21. 2015 be accepted
as amended to add Bil Ioannidis on the Growth Subcommittee.
4.2 Investment Subcommittee Membership
The purpose of the Capital Reserve Fund Investment Sub - Committee will be to oversee, with
the assistance of the Manager of Accounting and the General Manager, the management of
Kitchener Housing In and KNPPMI Inc. Capital Reserve Funds.
On a motion by Lisa Keys, seconded by Berry Vrbanovic and CARRIED, Ted
Bleaney, Bil Ioannidis and Andre Chin be approved as members on the Capital
Reserve Fund Investment Sub - Committee.
5. Finance & Administration Business
5.1 Financial Statements
The next financial statements will be presented at the April's board meeting.
5.4 Rental Arrears Report January 2015
Rental Arrears Report for December 2014 had been circulated with the agenda. The arrears were
at 4 %, and arrears including retro charges were at 4 %.We had 4.7 vacancy and we were over the
market target by 12 units.
5.5 Tenant Placement Report (TPR)
The Tenant Placement has been circulated with the agenda.
During the month of January we had 7 notices to vacate for various reasons.
6. Property Business — 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 -
9. Other —
10. Adiournment
On a motion by, Berry Vrbanovic seconded by Ted Bleaney and CARRIED, the meeting
adjourned at 5:55 P.M
Chairman
ACCEPTANCE OF MINUTES
Secretary