1984-05-14 Reading Housing Authority Minutes

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READING HOUSING AUTHORITY Minutes of the Regular Meeting-- May 14, 1984 The Reading Housing Authority not in regular session on Monday, May 14, 1984 at 7:30 P.M. at 22 Frank D. Tanner Drive in the 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 Vice - Chairman, Mr. Yestra, in the absence of the Chairman. Those other members present were Mr. White and Mrs. Swain, forming a quorum. Mrs. Pierce, the Executive Director, was also present A motion was made by Mr. White and seconded by Mrs. Swain, and unanimously: VOTED: To accept for the record, the Minutes of the Regular and Annual Meeting held on April 11, 1984, copies of which had previously been mailed to all members. The Vice- Chairman thereupon declared said motion carried and said vote in effect. A motion was then made by Mr. White and seconded by Mrs. Swain, and unani- mously: VOTEDs To approve and pay checks and bills for 667-0 in the amount of $12,834-.1.5 for 667-0 and to ratify the signing of checks for the Section 8 Progia�m in the amount of $3,4435• Le Vice - Chairman thereupon declared said motion carried and said vote in effect. Mrs. Pierce reported that the balance in the BayBank Middlesex Checking Account for 667-0 was $8,193.63 as of April 30, 1984. As of May 14, 1984 afte payment of the above cheds due at this time, the balance in the BayBank account was $743.27. The balance in the M.M.D.T. Saving Account was $5,627.30 plus -I interest. It was also reported that all rents had been collected for the month of May, totalling $8,792.00, for 667-0. Upon a motion made by Mrs. Swain and seconded by Mr. White, it was unanll- mously: VOTED: To accept the FinanciAl Report as read. The Vice - Chairman thereupon declared said motion carried and said vote in effect; The Quarterly Operating Statement for the period ended March 31, 1984 was reviewed by the members at this time, and found to be consistent with the figures anticipated for this period. The Annual Contributions Contract (ACC) by and between the Executive Office of Communities do Development and the Reading Housing Authority for the Chapter 707 Rental Assistance Program was brought before the Board for approval. This Contract covered the leasing of 4 family units and one elderly unit or the year beginning January 1, 1984, in the amount of $21,600. Mrs. Pierce ex- fined that she had contacted E.O.C.D. concerning this Contract inasmuch as the 1.