HomeMy WebLinkAboutKit Housing - 2015-03-18Agenda # 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: March 18, 2015
TIME: 4:00
PRESENT: Bob McColl, Lisa Keys, Preet Kohli, Bil Ioannidis, Frank Etherington, Berry
Vrbanovic, Mike Seiling
RESOURCE
STAFF: Tom Belanger, Lori Trumper, Camelia Suciu
ABSENT: Julian Anghel, Ted Bleaney, Andre Chin, Richard Parent
Opening Remarks
Bob McColl - called the meeting to order at 4:00 p.m.
2. Conflict of Interest - nil
3. Approval of Agenda
Res #01 -03 -15
On a motion Bil Ioannidis, seconded by Preet Kohli and CARRIED, that the
agenda be approved.
4. Minutes
4.1 Approval of Board Minutes — February 18, 2015
The minutes of the Board of Directors Meeting — February 18, 2015 had been circulated with the
agenda.
Res #02 -03 -15
On a motion by Lisa Keys seconded by Bil Ioannidis and CARRIED, it was
resolved that the minutes of the Board Meeting of February 18, 2015 be accepted
as true.
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 February 2015
Rental Arrears Report for February 2015 had been circulated with the agenda. The arrears were
at 2 %, and arrears including retro charges were at 3 %.We had vacancy and we were over the
market target by 11.5 units.
5.5 Tenant Placement Report (TPR)
The Tenant Placement has been circulated with the agenda.
During the month of February 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
Res #07 -03 -15
On a motion by, Lisa Keys seconded by Berry Vrbanovic and CARRIED, the meeting
adjourned at 4:50 P.M
Chairman
ACCEPTANCE OF MINUTES
Secretary