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HomeMy WebLinkAbout1992-08-03 Reading Housing Authority MinutesREADING HOUSING AUTHORITY Minutes of the Meeting of August 3, 1992 A regular business meeting of the members of the Reading Housing Authority was held on Monday, August 3, 1992 at 7:30 P.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 7:30 P.M. with the Chairman, Mr. McIsaac, presiding. Those members present and forming a quorum were: Mr. Reynolds, Ms. Galvin and Mr. Allen. The Executive Director, Ms. Plansky, and the Fee Acc untant, Ms. Ewald, were also in attendance. Minutes Upon a motion duly made by Mr. Reynolds and seconded by Mr. Allen, it was unanimously VOTED: To approve and accept for the record the minutes of the meeting of July 14, 1992, as presented. The Chairman then declared said motion carried and said vote in effect. Pi nnnncic The Board reviewed the checkroll /billroll for the period as pres nted. Upon a motion duly made by Mr. Allen and seconded by Ms. Galvin, it was unanimously VOTED: To approve and sign the checkroll /billroll for the perio from Check #161 through 209 (Voided checks 161 -165; 187, 207, 20 ) as presented. The Chairman then declared said motion carried and said vote in effect. Accounting Contract The Board reviewed an agreement to continue the current accounting contract for an additional ninety (90) days, effective end date will be September 30, 1992, with all terms and conditions to remain in effect. Upon a motion duly made by Ms. Galvin and seconded by Mr. Reynolds, it was unanimously VOTED: To approve and sign the ninety ('90) day continuation to the current Accounting Services Contract with Fenton, Ewald & Associates, to expire on September 30, 1992, with all terms and conditions to remain in full force and effect. Before that time we expect to receive some clarification from HUD regarding their directive for bidding for accounting services. Under Chapter 30B, such services should be exempt. The Chairman then declared said motion carried and said vote in effect. Page 2 8/3/92 - Minutes BUDGETS - State Programs Ms. Ewald presented an overview of the budget guidelines to the Board whereby the RHA is considered a bottom -line budget because our reserves are over 100% of maximum and we received an "Accept Management rating at our last review. With the new bottom line budgeting, all State conventional program, except 689 Programs, would be consolidated into a single budget. This consolidated budget is now classified as 40001. The Board then reviewed the breakdown of each budget with the Executive Director and the Fee Accountant. 4000i - Budget for FY 193 - Upon a motion duly made by Mr. Allen and seconded by Ms. Galvin, it was unanimously VOTED: To approve and sign the budget for the consolidated 667, 705 -1 and 705 -2 budgets in the amount of $191,762, as presented. The Chairman then declared said motion carried and said vote in effect. #24602 -689 - Budget for FY 193 - Upon a motion duly made by Mr. Allen and seconded by Ms. Galvin, it was unanimously VOTED: To approve and sign the budget for the 689 -1 Program in the amount of $10,124, as presented. The Chairman then declared said motion carried and said vote in effect. #24602 -707 - Budget for FY 193 - Upon a motion duly made by Mr. Allen and seconded by Ms. Galvin, it was unanimously VOTED: To approve and sign the budget for the 707 Program in the amount of $3155, as presented. The Chairman then declared said motion carried and said vote in effect. Section 8 - 016 REN ACC The Board reviewed the ACCs for the ten (10) units under the forr 003 contract, which is now the 016 REN. Upon a motion duly made by Mr. Reynolds, and seconded by Ms. Galvin, it was unanimously VOTED: To approve and sign the 016 REN for ten (10) certificate with a budget authority of $557,760 and a contract authority of $111,552. Said contract is due to expire on May 31, 1997. The Chairman then declared said motion carried and said vote in effect. ible" r Page 3 8/3/92 - Minutes The Board thanked Ms. Ewald for her excellent presentation an continuing support and work, and Ms. Ewald left the meeting. Section 8 Family Self - Sufficiency Action Plan The Board reviewed the proposed 8 -week Action Plan for the Fa ily Self- Sufficiency Program. Upon a motion duly made by Mr. Rey olds and seconded by Ms. Galvin, it was unanimously VOTED: To approve the Action Plan for the Family Self- Suffic iency Program for an 8 -week program as outlined in the North Shore �amily Self- Sufficiency Consortium (of which Reading is part) Action Plan. The Chairman then declared said motion carried and said vote n effect. Public Liability Insurance The Executive Director was requested to solicit a quotation f r the Public Officials Liability Insurance coverage witha $1 million maximum and a $10,000 deductible; as well as a $5,000 deductible. Linkaqe Units - Fafard The Board reviewed the letter for Fafard Companies for the linkage units associated with the Schoolhouse Development. The Board approved its transmittal as presented. Annual Meeting The Board deferred any action on the annual meeting until a full quorum is present. The positions for the Board are: Chairman Vice - Chairman, Treasurer, and Assistant Treasurer. There being no further business before the Board, it was u voted to adjourn at 9:45 P.M. Respectfully submitted, Margar K. Plansky, Secret ry and Executive Director usly TOWN OF READING C To Town Clerk July 27 2 16 Lowell Street Reading, MA 01867 In accordance with the provisions of Chapter 39 of the General Laws of the Commonwealth `with of Mass�uset%s, as amended, a meeting of -Reading HaUcHng Authnritv will beheld 22 Prank D. TAnner DRive I. (Locatiou) on9Pq(DUwing7aTte/s Monday. August 3. 1992 Time: 7:30 P.M. c�' r- C)r 3�: c:> -f r t Time: �– for the pur W - 'General business including matters of �63e of 1) fiscal cnntrol.fo-z all DroZrams under the direction of th Authority. Posted bxecurive Director e