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HomeMy WebLinkAboutKit Housing - 2008-11-26KITCHENER HOUSING INC MINUTES OF THE 1VIEETING OF THE BOARD OF DIRECTORS HELD: Schmalz Room, City Kall, 200 King Street West, Kitchener DATE: November 26, 2008 TIME: 4:00 p.m. PRESENT: Denny Cybalski, Jerry Finnen, Paul Holowaty, Birgit Heilig, John Gazzola, Kelly Galloway, Andrew Head, Jamie Hill RESOURCE STAFF: Karen Kwiatkowski, Ann Eckert, Cathy Shafe, Camelia Suciu ABSENT: Carl Zehr 1. Opening Remarks Denny Cybalski, Chair called the meeting to order at 4:00 p.m. The notice of the meeting was submitted with the information that the notice had been mailed to the Directors in terms of the By-laws. 2. Conflict of Interest -nil 3. Approval of Agenda On a motion by J. Finnen, seconded by J. Kill and CARRIED, the agenda be approved. 4. Approval of the Board Nllnutes -October 29, 2008 The minutes of the Board of Directors Meeting of October 29, 2008 had been circulated with the agenda. On a motion by A. Kead, seconded by P. Holowaty and CARRIED, it was resolved that the minutes of the Board Meeting of October 29, 2008 be accepted as a true and correct record of the meeting. 2 5 Property Business 5.1 Tenant Placement Report The Tenant Placement Report had been circulated with the agenda. In Christine's absence, Karen gave an overview of the report. Tenant Turnover For the period of December 31 to January 31, 2009, there are 12 RGI and 7 market units available. Promotional Efforts Waldau Woods and Lancaster Maples is being advertised in Renters News & Viewit.ca Website Christine had a conversation with Kim at Around Kitchener Waterloo to obtain information about the process of developing a KHI website. This project will be developed and presented to the January Board meeting KHI Statistics 2 reports had been attached to Christine's report. The first report shows the age breakdown of tenants as of November 2008. Yardi, our property management computer program, has been revised so this information can be kept up to date. The Unit Turnover Activity report from October 1 to 31 shows the unit type, vacate dates, lease dates, issues etc for units that tenants moved out of. Request for Review 1 Request for Review was resolved by the Board's Review Committee. Leal Action under the RTA We have 1 Application to evict for continuous disruptive behaviour and 3 Applications to evict for non-payment of rent. 5.2 Property Nlalntenance Report The Property Maintenance Report for November had been circulated with the agenda. Cathy Shafe gave an overview of the report. 3 Victoria School The roof anchors have been installed. KITE has inspected the work and is completing the signed drawing. The abatement work is completed and our painting contractor is in the process of painting the areas. Flooring Contractors Request for Bid packages have been sent out to flooring installers. We are asking for bids for VC the which is what we are currently using and we have also asked for bids on a commercial grade Vinyl Sheet Flooring. We are currently testing it in one of our units at 64 St George. Cleaning contract Lan Cam & Family cleaning contract ends November 30, 2008. We have hired Sandra Muir to do the cleaning of all our sites. She is presently cleaning Cedar Hill and Cedar View and we are satisfied with her work. Tub Surrounds We are looking for a tub surround installer. Capital Improvements We will be specking for all Energy Efficient products such as windows, furnaces, and retrofit products. 5.3 Follow-u -nil 6. Finance & Administration Business 6.1 Financial Statements -October 2008 The Financial Statements for October were circulated with the agenda. Ann Eckert gave an overview. On a motion by K. Galloway, seconded by J. Kill and CARR~D, the October statements be approved. 6.2 Rental Arrears Report -October 2008 The Rental Arrears Report for October had been circulated with the agenda. Camelia Suciu gave the report. The arrears for October were 3 °~o, there was 1 vacancy and we were over the market target by 10. The year to date vacancy percentage is 0.67. 4 6.3 2008 Capital Reserve Budget, Actual & Projected Y/E Expenditures The 2008 Capital Reserve Budget, Actuals & Projected Y/E Expenditures was circulated with the Agenda. Karen presented the report. On a motion by P. Kolowaty, seconded by J. Kill and CARR~D, the 2008 Capital Reserve Budget, Actuals & Projected Y/E Expenditures be approved. 6.4 Follow-u -nil 7. General Manager's Report The General Manager's report for November has been circulated with the agenda. 1. 2009 Board Directors Recommendations The Nominating Committee has recommended to City of Kitchener that the two Director positions that will be expiring on November 30, 2008 be filled with the two applicants: 11~like Seiling -term January 1, 2009 to November 30, 2011 Corrine Cosh- term January 1, 2009 to November 30, 2011 2. Board of Directors -current terms Denny Cybalski Chairperson December 1, 2007 to November 30, 2010 (3rd term} Andrew Head Vice-Chair December 1, 2006 to November 30, 2009 (1St term} Jamie Hill Treasurer December 1, 2006 to November 30, 2009 (1St term) Paul Holowaty Secretary December 1, 2007 to November 30, 2010 (1St term) Carl Zehr December 1, 2007 to November 30, 2010 John Gazzola December 1, 2007 to November 30, 2010 Kelly Galloway December 1, 2007 to November 30, 2010 The Board will meet on December 18th @ 3:30 to review balcony repair tenders and RJC recommendations. The Board Strategy Planning Meeting was moved to February 20th, 2009 from noon to 3:00 p.m. at 30 Duke Street- 9th Floor Boardroom. 8. Open Forum ~ We have problems with the boilers at Victoria School. Hammond is trying to keep them operating over the winter. Cathy will discuss options incase of failure during the winter with Hammond. A quote last year to replace the boilers was $100,000. ~ Cathy will have Dakon build temporary tents over the quad balconies at Victoria School as rain is still coming in. She will also have them caulk all the areas. S 9. Ot=- KHI's Schedule of Meetings 2009 The calendar showing the 2009 meetings had been circulated with the agenda. 10. Caucus - nll 11. Adjournment On a motion by P. Holowaty, seconded by K. Galloway and CARRIED, the meeting adjourned at 5:00 p.m. ACCEPTANCE OF MINUTES Chairman Secretary