1983-02-14 Reading Housing Authority Minutes

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READING HOUSING AUTHORITY Minutes of the Regular Meeting - February 14, 1983 The members of the Reading Housing Authority met in regular session on Monday, February 14, 1983 at 7:30 P.M. at 22 Frank D. Tanner Drive in the Town of Reading, Massachusetts. Notice of the meeting had been properly posted in accordance with the By- Laws. Mr. Rand and Mr. Westra were the only members in attendance at this time, but Mr. White was expected to arrive later. Mrs. Pierce, the Executive Director, was also present. Mr. Rand called the meeting to order, and acted as Chairman. He and Mr. Westra attended to the regular order of business - the votes to be ratified later when Mr. White would arrive to form a quorum. Accordingly, a motion was made by Mr. Westra and seconded by Mr. Rand and VOTED: To accept for the record the Minutes of the Regular Meeting of January 10, 1983 and the Emergency Special Meeting of January 31, 1983, copies of which had previously been mailed to all members. The Acting Chairman thereupon declared said motion carried and said vote in effect. Another motion was made by Mr. Westra and seconded by Mr. Rand, and VOTED: To approve the payment of bills for 667 -C in the amount of $14,008.22 and also to ratify the signing of checks for the Section 8 Program. Copies of the list of these checks had been mailed to all members and are attached hereto and made a part of these Minutes. The Acting Chairman thereupon declared said motion carried and said vote in effect. Mrs. Pierce reported to the members that the balance in the BayBank Middlesex Checking Account for 667 -C was $828.24 as of January 31, 1983. As of the date of this meeting after payment of the above checks due at this time, the balance in the above checking account showed a deficit balance of $1,242.64. The balance in the M.M.D.T. savings account was $89,896.92 plus interest. Of this amount, $58,000 is being held for the 689 -1 Program. Mrs. Pierce also reported that all rents for the month of February had been paid, totalling $8,648. At this time, a motion was made by Mr. Westra and seconded by Mr. Rand, and unanimously: VOTED: To ratify the signing of a withdrawal check from the M.M.D.T. account of $2,000 on Feb. 10th, and to also withdraw at this time, an additional $2,000 from this account to cover the balance of the monthly payments; and to accept the Financial Report as read. The Acting Chairman thereupon declared said motion carried and said vote in effect. A letter from the Reading Board of Assessors had been received granting a Real Estate Tax Exemption for the Housing Project for another year, and this was brought to the attention of the Board. 0 R