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HomeMy WebLinkAbout2001-03-02 Reading Housing Authority MinutesREADING HOUSING AUTHORITY MINUTES OF THE SPECIAL BOARD MEETIN OF MARCH 2, 2001 A special business meeting of the Reading Housing Authority was held on Friday, March 2, 2001 at 8:45 A.M. at the office of the Authority, 22 Frank D. Tanner Drive in the town of Reading, Massachusetts. The meeting was called to order at 8:55 A.M. with the Chair, Mr. Allen, presiding. Those members present and forming a quorum were Ms. Connors and Mr. Kelley. Ms. Flammia and Mr. Sweet were not able to attend. The Executive Director, Mr. Hixson, and four graduate students volunteering for the Authority were also in attendance. The Chairman noted that the meeting was called to consider submission of a proposal to reuse the former Police Station building for housing and the surrounding land for a town parking lot. Don and John handed out material for the proposal, with Don stating how the four units would be financed by a combination of loans on the building and parking, and grants from various sources. George Samuels also made a presentation on the work the students have done on housing authorities forming not - for -profit subsidiaries and foundation funds that could be obtained. Don noted that he had experienced such an entity that had escaped the control of its parent board and became a great embarrassment to his board. The issue, therefore was guaranteeing that the RHA would have full control over the nonprofit. George said that the same people could serve on both boards, and replacements to the nonprofit board could be made by the RHA board. Police Station Proposal Move Tim Second Mary Vote 3 -0 01 -018 VOTED: To submit a proposal to the Town of Reading offering $1 for the former Police Station, with conditions including a contingency for grant funding. The Chairman then declared said motion carried and said vote in effect. Establish a Non - Profit Move Mary Second Tim Vote 3 -0 01 -019 VOTED: To consider establishment of a not - for - profit subsidiary that would be at all times under the control of and have members appointed by the RHA board. The Chairman then declared said motion carried and said vote in effect. There being no further business before the Board, it was unanimously voted: Adiournment Move Tim Second Mary Vote 3 -0 01 -020 VOTED: To adjourn at 9:20 A.M. Respectfully submitted, 4np, g, 1-�� ohn R. Hixson, Secretary and Executive Director