HomeMy WebLinkAboutKit Housing - 2016-03-08
Minutes
Board of Directors Meeting
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Wednesday, March 8, 2016
11 Weber Street W Kitchener
PRESENT: B. McColl (Chair)
Directors: A. Chin, P. Kohli, F. Etherington, B. Ioannidis, T.
Bleaney, R. Parent,
General Manager: T. Belanger
Manager of Accounting: L. Trumper
Manager of Facilities: I. Anghel
Account Analyst: C. Suciu
REGRETS: B. Vrbanovic, L. Keys
Meeting Opening
1.1 Call to Order
Bob McColl, Chair called the meeting to order at 4:30 pm with a quorum present.
1.2 Declaration of Conflict of Interest.
There was no conflict of interest declared.
1.3 Approval of Agenda:
Res #01-03-16: Approval of Agenda
On a motion by Bil Ioannidis seconded by Richard Parent, that the agenda be approved.
1.4 Approval of Minutes
Minutes were circulated with the agenda.
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Res #02-03-16: Approval of Board Minutes – February 17, 2016
On a motion by Richard Parent seconded by Ted Bleaney, it was resolved that the
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minutes of the Board Meeting of February 17, 2016 be accepted as true.
2.1Finance and Administration Update
The Board was advised that the AGM will need to be moved to the May’s meeting. Kitchener
Housing Inc. hired a contractor through Robert Half in order to complete the year end statements.
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3. Facilities Operations/Property Management Business
3.1 Update: 430 Connaught Avenue
Discussion about the pre tender budget. Further discussion about the budget and potential
savings to be done at a Growth Committee meeting to be scheduled and reported to the next
board meeting.
4. Matters for Discussion
4.1 GM’s Report
Tom thanked everyone for their support during his tenure. All the external partners have been notified
of his leaving and Lori’s appointment to the position.
Res #04-02-16: Strategic Plan Sub-Committee Meeting Minutes
On a motion by Ted Bleaney seconded by Lisa Keys, it was resolved that the Board
approve the meeting minutes of the Strategic Planning Sub-Committee meeting of
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Tuesday February 2, 2016
5. Matters for Noting -
5.1 Correspondence – Nil
5.2 Board matters : Transferring of General Manager Signing Authority
Res #04-03-16: Transfer of Signing Authority
On a motion by Ted Bleaney seconded by Andre Chin it was resolved that the Board authorize
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the transfer of signing authority from Tom Belanger to Lori Trumper effective March 18, 2016
5.3 PH&N Investment Signing Authority
Res #05-03-16: PH&N Signing Authority
On a motion by Bil Ioannidis seconded by Andre Chin, it was resolved that the Board
authorize the transfer of signing authority regarding the Capital Funds portfolio
invested with PH&N Investment Services from Tom Belanger to Lori Trumper effective
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March 18, 2016.
6. In-Camera Business
6.1 Motion to go in-camera
Res #06-03-16: Approval for In-Camera
On a motion by Richard Parent seconded by Preet Kohli, it was resolved that the Board
meet in-camera at 4:50 to discuss a legal and personnel matter.
6.2 Approval of In Camera Minutes January 20th, 2015
Res #07-03-16: Approval of In-Camera Minutes
On a motion by Bil Ioannidis seconded by Preet Kohli, it was resolved that the Board
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approve the In-Camera Minutes of February 17, 2016.
6.3 Motion to come out of in-camera
Res #08-03-16: Approval to come out of In-Camera
On a motion by Richard Parent seconded by Bil Ioannidis, it was resolved that the
Board come out of in-camera meeting at 5.25 p.m.
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7. Meeting Closing
7.1 Next Regular Meeting
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Next meeting: Wednesday April 20, 2016 @ 4:00 PM.
7.2 Meeting Adjourned
Res #09-03-16: Approval to Adjourn
On a motion by Ted Bleaney seconded by Preet Kohli, it was resolved that the Board
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meeting of March 8, 2016 be adjourned at 5:25 pm.
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_________________________ ____________________________
Date
Chair
___________________________ ___________________________
Date
Vice--Chair