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HomeMy WebLinkAboutKHI - 2018-01-17Minutes Board of Directors Meeting Kttchener Wednesday, January 17, 2018 HousAng City of Kitchener City Hall, Schmalz Room PRESENT: B. McColl (Chair) Directors: T. Bleaney, A. Chin, F. Etherington, P. Kohli, B. Vrbanovic, M. Ruetz, F. Mendes General Manager: L. Trumper Manager of Accounting: L. Eckhardt Manager of Facilities: I. Anghel Account Analyst: C. Suciu REGRETS: B. Ioannidis, R. Parent, M. Mooney 1. Meeting Opening 1.1 Call to Order Bob McColl - Chair of the Board, called the meeting at 4;05 p.m. Bob welcomed new board members Matt Ruetz and Filipe Mendes as well as Manager of Accounting and Administration Laura Eckhardt. 1.2 Declaration of Conflict of Interest There was no conflict of interest declared. 1.3 Approval of Agenda Res #01-01-2018: Approval of Aaenda On a motion by F. Etherington seconded by T.Bleaney, that the agenda be approved. 1.4 Approval of Minutes Minutes were circulated with the agenda. Res #02-01-18 Approval of Board Minutes — December 13, 2017 On a motion by T. Bleaney seconded by F. Etherington, it was resolved that the minutes of the Board Meeting of December 13, 2017 be accepted as amended. 2. Finance & Administration Business 2.1 Community Housing Investment Fund (CHIF) The report was presented by Lori. Discussion followed the presentation covering issues of the agreement. The board decided that more information is required on this topic. Res #03-01-18 Approval of decision to proceed with the CHIF application On a motion by A. Chin and seconded by T. Bleaney it was resolved that the Board will proceed with the application subject to the terms being satisfactory to the General Manager and the Chair of the Board of Directors. 3. Facilities Operations/ Property Management Business 3.1430 Connaught Development Update Julian presented an update on the development of the Connaught building. The occupancy date is now expected to be April 1, 2018.Julian will request a confirmation of the occupancy date. 3.2 Energy Conservation Initiatives Julian presented the report about the Water Matrix Ultrahigh Efficiency Toilets and Conservation Voltage Reduction. More information will follow at February's board meeting. 4. Matters for Discussion 4.1 GM's report Lori provided information on: • Staff • Website • University of Waterloo Planning Students 4.2 Official Plan Amendment Lori presented the report. The City of Kitchener Community Services Department Planning sent us a notice about an application they have received for an Official Plan Amendment and Zone Change with respect to 471,481,505 Kind St. East to 18 to 24 Cameron Street South. Res #04-01-18 Official Plan Amendment — King and Cameron On a motion by A. Chin and seconded by M. Ruetz it was resolved that the Board will approve staff to respond favourable to this proposal. 4.3 PH& N Investment Information Our investments are held by Philips Hager and North (PH&N) and access to information about those investments must be approved by the officers and directors of the Board. Res #05- 01-18 Approval for adding Laura Eckhardt as agent for PH&N On a motion by T. Bleaney and seconded by F. Mendes it was resolved that the Board approves adding Laura Eckhardt, manager of Accounting and Administration as an agent on the Philips Hager and North account for information purposes only. 5. In -Camera Business 6. Matters for Noting 7. Meeting Closing 7.1 Next meeting is scheduled on February 21, 2018 7.2 Meeting Adjourned Chair Res #07-01-18: Approval to Adiourn On a motion by A. Chin seconded by P. Kohli, it was resolved that the Board meeting of January 17, 2018 be adjourned at 5:15 p.m. Date Vice -Chair Date