1983-11-15 Reading Housing Authority Minutes

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READING HOUSING AUTHORITY Minutes of the Regular Meeting - November 15, 1983 The Reading Housing Authority met in regular session on Tuesday, November 15, 1983, at 7:30 P.M. at 22 Frank D. Tanner Drive inthe Town of Reading, Massachusetts. Notice of this meeting had been properly posted in accordance with the By -Laws. The meeting was called to order by the Chairman, Mr. Dempster. Those members also present were Mr. Rand, Mrs. Swain and Mr. Westra, forming a quorum. Mrs. Pierce, the Executive Director, was also present. A motion was made by Mr. Rand and seconded by Mrs. Sprain, and unanimously:. VOTED: To accept the Secretary's Reports for the regular meeting held October 10, 1983, and the Special Meeting of October 17, 1983, copies of which had previously been sent to all members. The Chairman thereupon declared said motion carried and said vote in effect. Next, a motion was made by Mr. Westra and seconded by Mr. Rand, and unanimously: VOTED: To approve and pay checks and bills for 667 -C in the amount of $9,618.20 and $2,420 for the Section 8 Program and $42.40 for the 689 -1 Project. A list of these checks is attached hereto, and made a part of these Minutes. The Chairman thereupon declared said motion carried and said vote in effect. Mrs. Pierce then reported to the members that the balance in the BayBank Trust Checking Account for 667 -C was $4,232.09 as of October 31, 1983. As of the date of this meeting, with the payment of all checks due at this time, the balance in this account is $4,914.78. The balance in the.Massachusetts Municipal Depository Trust (MMDT) Savings account was $22,187.86 plus interest. She also reported that all rents had been collected for the month of November, totalling $8,713.00. The extra money in the checking account was from a State Subsidy check received prior to the meeting, and at this time a motion was made by Mr. Rand and seconded by Mrs. Swain, and unanimously; VOTED: To write out a check on the BayBank Trust Account in the amount of $4,000 for deposit into the Savings account for interest, and also to accept the Financial Report as read. The Chairman thereupon declared said motion carried and said vote in effect. A letter was read from E.O.C.D. announcing the availability of funds on a one -time only, small scale basis for conservation improvements in elderly housing projects. Requests had to be into the Modernization Office by November 18th, and Mrs. Pierce said that she felt this would be a good chance to do some of the smaller jobs suggested in the recent Audit Report performed by MassSave. This Report docu- mented the need for such conservation measures, as well as the costs and the savings estimated, and this would simplify the application process. At this time, the members reviewed the several work items that Mrs. Pierce and the Maintenance Man, Jim Muise had suggested which could be covered by the allotted amount, $4,000.00 ($50 per unit). 1