1983-03-14 Reading Housing Authority Minutes

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READING HOUSING AUTHORITY Minutes of the Regular Meeting - March 14, 1983 The members of the Reading Housing Authority met in regular session on Monday, March 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. The meeting was called to order by the Chairman, Mr. Dempster. Those other members who were present were Mr. Westra and Mr. Rand, farming a quorum. Mrs. Pierce, the Executive Director, was also present. A motion was made by Mr. Westra and seconded by Mr. Rand, and unanimously: VOTED: To accept for the record the Minutes of the Regular Meeting of February 14, 1983, copies of which had previously been mailed to all members. The Chairman thereupon declared said motion carried and said vote in effect. Upon a motion made by Mr. Rand and seconded by Mr. Westra, it was unanimously: VOTED: To approve the payment of bills for 667-0 in the amount of $15,961A —and for the Section 8 Program in the amount of $1,403.34. A list of these checks had previously been mailed to all members, and are attached hereto and made a part of these Minutes. The Chairman thereupon declared said motion carried and said vote in effect, and the checks were signed. Mrs. Pierce reported to the members that the balance in the BayBank Middlesex Checking Account for 667 -C was $757.36 as of February 28, 1983. As of the date of this meeting after payment of the above checks due at this time, there was a deficit balance of $5,304.90. The balance in the M.M.D.T. Savings account was $85,896.92 plus interest. Of this total,'$58,000 is being held for the 689 -1 Program. Also, all rents for the month of March had been collected, totalling $8,620.00. A motion was made by Mr. Rand and seconded by Mr. Westra, and unani- mously: V, OTED: To withdraw $6,500 from the M.M.D.T. account to be deposited into the BayBank Checking Account to cover current expenses, and to approve the Financial Report as read. The Chairman thereupon declared said motion carried and said vote in effect. Mrs. Pierce read a letter from E.O.C.D. in which they approved the Authority's selection of John Walker as the Architect on the 689 Project. They forwarded Con- tract forms to be completed by the Authority and Mr. Walker for an amount of $6,750.for his services. The Construction Budget for the renovations to the property involved is $50,000. 1. 4