1983-06-13 Reading Housing Authority Minutes

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READING HOUSING AUTHORITY Minutes of the Regular Meeting - June 13, 1983 The Reading Housing Authority met in regular session on Monday, June 13, 1983 at 7:30 P.M. at 22 Frank D. Tanner Drive in the Town of Reading, Massachusetts. The meeting was called to order by the Chairman, Mr. Dempster. Those members also present were Mr. White and Mr. Rand, forming a quorum. Mrs. Pierce, the Exec- utive Director, was also present. A motion was made by Mr. White and seconded by Mr. Rand, and unanimously: VOTED: To accept the Secretary's Report for the meeting held on May 9, 1983, copies of which had previously been sent to all membdi-s. The Chairman thereupon declared said motion carried and said vote in effect. Another motion was made by Mr. Rand and seconded by Mr. White, and unanimously: VOTED: To approve the payment of bills and sign checks for 667-0 in the amount of 17,631.34 and to ratify the signing of checks for the Section 8 Program in the amount of $2,473.46 and for the 689 Program in the amount of $403.28. A list of these bills 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. A Financial Report was read to the members which stated that the balance in the BayBank Middlesex Checking Account for 667 -C as of May 31, 1983 was $257.96. As of the date of this meeting with the payment of the above checks due at this time, this account showed a deficit balance of $5,659.92• The balance in the M.M.D.T. Savings account was $26,807.66 plus interest. Mrs. Pierce also reported that all rents had beeip.collected for the month of June, totalling $8,582.00. At this time a motion was made by Mr. White and seconded by Mr. Rand, and unanimously: VOTED: To withdraw $6,000 from the M.M.D.T. account to cover the current bills, and to accept the Financial Report as read. The Chairman thereupon declared said motion carried and said vote in effect. Mrs. Pierce then presented a Proposal for accounting services for all Pro- grams from Rick Fenton, CPA, in light of Mr. Crouse's upcoming retirement at the end of the month. Since Mr. Fenton has performed the work for the Section 8 Pro- gram for sometime, and recently set up the books for the 689 Program, Mrs. Pierce stated that she has the highest confidence in his ability, and looks forward to his being available to guide her in all financial matters, as well as provide assist- ance with Budgets and all E.O.C.D. procedures. His rates were within the guide- lines set up by E.O.C.D. for 667 -C and reasonable for the 689 Program at this stage of development. The Board reiterated their agreement of last meeting, to retain Mr. Fenton on a two -month trial basis. At this point Mr. Westra entered the meeting and was filled in on prior proceedings. 0 1.