1981-11-10 Reading Housing Authority Minutes

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READING HOUSING AUTHORITY Minutes of the Regular Meeting - November 10, 1981 The Reading Housing Authority met in regular session on Tuesday, Novemt 10, 1981 at 7:30 P.M. at 22 Frank D. Tanner Drive in the Town of Reading, Massa usetts. This date was a departure from the regularly scheduled meeting date a notice had been properly posted in accordance with the By -Laws. The meeting was called to order by the Acting Chairman, Mr. White, in a of Mr. Dempster. Those members also present were Mr. Westra and Mr. Rand, form A quorum. Mrs. Pierce, the Executive Director, was also present. Upon a motion made by Mr. Westra i and seconded by Mr. Rand, t was unani mouslys Vr: To accept for the records, the Minutes of the regular meeting October 12, 1981 and the Special Meeting of October 20, 1981, copies of which h previously been mailed to all members. The Acting Chairman thereupon declared said motion carried and said vote in off Upon a motion made by Mr. Westra and seconded by Mr. Rand, it was unani mouslys Vas To approve and pay checks and bills in the amount of $7,57$.7 for 667-0 and $991.66 for Section 8. A list of these checks is attached heret Z hd made a part of these Minutes, and had been previously mailed to all members e Acting Chairman thereupon declared said :motion carried and said vote in eff At this point in the meeting, Mr. Johnson, Vice - Chairman, entered and t, over the meeting. At this time Mrs. Pierce reported on the financial condition of the Authority, declaring the balance in the BayBank checking account as of October 30, 1981, to be $1,502.49. During the month, a State subsidy check was receiv in the amount of $8,452 which was deposited into this account. Therefore, aftel payment of the above checks, the balance was $10,034.90. The balance in the M.M.D.T. savings account was $17,890.66, $7,300 of which were Modernization funds which were being held for future payments. It was also reported that all rents were paid for the month of November, totalling $7,641. Inasmuch as the checking account showed the large balance reported above, a motion was made by Mr. White and seconded by Mr. Rand, and unanimously: VOTEDs To write a check on the BayBank account to be deposited into the M.M.D.T. savings account for interest, in the amount of $8,500, and also to accept the Financial Report as read. The Vice - Chairman thereupon declared said motion carried and said vote in effec f HousinngheT over ande$iicesa n hesTowneo a to ecent M.A.P C " �If Women voters who were g a mm's of fhe present to discuss this report. 1.