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HomeMy WebLinkAbout1989-05-08 Reading Housing Authority MinutesV ` \v READING HOUSING AUTHORITY Minutes of the Meeting of May 8, 1989 A regular business meeting of the members of the Reading Housing Authority was held on May 8, 1989 at the office of the Authority, 22 Frank D. Tanner Drive, Reading, Massachusetts. The meeting was called to order at 7:30 P.M. The Chairman, Richard S. Dempster, presided. Other members present and forming a quorum were: Mr. Sweet, Mr. Reynolds, Mr. McIsaac and Ms. Galvin. The Executive Director, Margaret K. Plansky, was also in attendance. Minutes The Board reviewed and discussed the minutes of the meeting of April 10, 1989 as presented. Upon a motion duly made by Mr. Sweet and seconded by Mr. Reynolds, it was unanimously VOTED: To accept for the record the minutes of the meeting of April 10, 1989, copies of which had been distributed to the Bo for their review prior to the meeting. The Chairman then declared said motion carried and said vote in effect. Finances The Board reviewed the checkroll /billroll through check #2051 as presented. Upon a motion duly made by Mr. Sweet and seconded by Ms. Galvin, it was unanimously VOTED: To approve and sign the checkroll /billroll for the period through check #2051 as presented. The Chairman then declared said motion carried and said vote in effect. Electrical - The Authority was not able lighting installed in the dark areas on under the modernization contract becaus Executive Director has obtained a price the floodlights and outside receptacles duly made by Mr McIsaac and seconded by to have additional outside Frank D. Tanner Drive s of the high cost. The of $355.50 to install as needed. Upon a motion Ms. Galvin, it was unan mously VOTED: To authorize the necessary electrical installation of floodlights /outside receptacles as submitted in the amount of $355.50. The Chairman then declared said motion carried and said vote in effect. Paving - There are some areas not included in the modernization contract that should be paved: new driveway to back maintenanc garage, new walkway to office and new sidewalk ramp at the building. Upon a motion duly made by Ms. Galvin and seconded by Mr. Reyn lds, it was unanimously VOTED: To authorize the paving work to the company submitting the lowest price. The Chairman then declared said motion carried and said vote in effect. Budget Revisions - 667 and 705 The Board reviewed the budget revisions as submitted by the Fe Accountant to the Executive Director. Upon a motion duly made by Ms. Galvin and seconded by Mr. Reynolds, it was unanimously VOTED: To approve the following transfers from the State budg t for FY '89: 667 - To move $900 from materials and supplies and $1120 from contract costs and appropriate the amount of $370 to cover leg 1 costs and $1600 for insurance; 705 - to move $520 from contract costs and appropriate the sum of $100 to administrative other costs, $300 for materials and supplies and $120 for insurance. The Chairman then declared said motion carried and said vote in effect. Sinale Audit Report - FY 188 The Board reviewed the report from Martin, LaMarca for the sin le audit for the fiscal year 1988. Upon a motion duly made by Mr. McIsaac and seconded by Ms. Galvin, it was unanimously VOTED: To accept the Single Audit Report submitted by Martin, LaMarca & Company of Weymouth, Massachusetts for the Reading Housing Authority for fiscal year 1988. The Chairman then declared said motion carried and said vote in effect. At this point in the meeting the Board would be discussing matters for financial services and Mr. Dempster absented himself from the rest of the meeting. Mr. McIsaac then presided. The Board reviewed the information submitted by the Executive Director regarding a short -term loan to cover the costs of acquiring the linkage units. Upon a motion duly made by Mr. Sweet and seconded by Ms. Galvin, it was unanimously VOTED: To acquire a short -term loan for the purchase price of the four units of housing at Pleasant /Parker Streets plus costs of debt service and to designate the Executive Director and the Vice - Chairman, Mr. McIsaac, to negoatiate and execute the terms and conditions with BayBank /Middlesex for said loan. The acting Chairman then declared said motion carried and said vote in effect. The Board then requested that the Executive Director review the current banking services and solicit proposals for banking services from area banks. There being no further business before the Board, it was unanimously voted to adjourn at 9:30 P.M. Respectfully submitted, lop Marga t K. Plansky, Secretary and Executive Director ft ATI 4 oo Q. 17 I B . o� a °t9 z G.fJ120 0 to z (t 22 iA 00 z 0 f > (L am 28 Z mW 29 0 l w � O z Li ® �C . SAFEGUARD BUSINESS SYSTEMS ....... 'LANSDAtF.PA 'os .-GIV �"Go ."'. � - ". • FORM NO. JPD - 15 - 29 I: ATE CHECK ISSUED TO 1,ge' /.O.V" 7-5 �fic2 3 n41 � 4 "fo dell NY. 5 i ,)4m upjt Ni 14 7ol 6 61 cl A tow)019 -i 7 ev Z7� 9; 8 7r, W, 1�6t VT r? ccj� 10 ice 1 Jcv- c 13 TeA 14 kA_A 15 16 17 1 tAT i)�, d 1-/)( I 19 CO �9 6a 20 Flo c zl� aO 21 0 22 xU4 k4M of- (I f&(A f7mu 23 24 p JIB �t7 25 �Wlu Tq 76 26 o Cla, LL, t j 'A 114 27 110-4 28 J(A ikis pp- jvc 8� 00 29 30 1 ��4 31 I � t77� T—r ® �C . SAFEGUARD BUSINESS SYSTEMS ....... 'LANSDAtF.PA 'os .-GIV �"Go ."'. � - ". • FORM NO. JPD - 15 - 29 SAFEGUARD BUSINESS SiSTEMS .•' 5 unswu.rA 1OSArwftt$ aaCAGO -AruNu Mw+^ FORM NO. JPO - 15 - 29 CHECK ISSUED TO I NMI! WAA u-- . Wd", 12. ME-NWRYIM�- =A �AuUlomff*� mgwjllfl,�W NO , "iflod NMI mm-mwwioma��Vm- MUMIMPARANA AMR WZ�NM MMMIOMN� Elio MOW= Elam Al ORWWlq&"A,--- OrmEim OEM nm4vjLjwwm, �ml;Ar/MMMEO!M*lm4o�4 mm Mtn, IRON WA- OWN m1mill 1 111111 Zvi man NMI I Fri m/ 10� "mmm m =ion 0 Eli uq. SEN. i mom ma SAFEGUARD BUSINESS SiSTEMS .•' 5 unswu.rA 1OSArwftt$ aaCAGO -AruNu Mw+^ FORM NO. JPO - 15 - 29 TOWN OF READING May 5, 19 89 To Town Clerk 16 Lowell Street Reading, MA 01867 In accordance with provisions of Chapter 89 of the General Laws of the Commonwealth Reading Housing Authority Of MaaaQ�, a ip►ended, a meeting of LLI 22 Frank D. Tanner Drive �� t` will be held p.ouuon! Sunday, May 7 1989 Time: 1 -4 PM on the�dldRving datels �— Y � ;< . `" Monday, May 8, 1989 Time: 7 :30 PM for the purpose ofDAY Posted �4 - 25th Anniversary Celebration MONDAY - General Business cutive 'BEADING TOWN OF To Town Clerk May 5, 89 16 Lowell Street <. 19 ' Reading, MA 01867 In accordance with W provisions of Chapter 89 'of the General Laws of the Commonwealth of Maesachn34, as_pnended, a meeting of Reading Housing Authority ^- 2.2 Frank D. will be held Tanner Drive Q.eoattosl on the following date /a - gy May 7 1989 Time: 1 -4 PM ` rlty . �laq 8, 1989 Time: 7:30 PM for the purpose of-30AY " 25th "Anniversary Celebration MONDAY;..- -. General Business . Posted ecu TOWN OF READING May 5, 19 89 To Town Clerk 16 Lowell Street Reading, MA 01867 In accordance with provisions of Chapter 89 of the General Laws of the Commonwealth Reading Housing Authority Of MaaaQ�, a ip►ended, a meeting of LLI 22 Frank D. Tanner Drive �� t` will be held p.ouuon! Sunday, May 7 1989 Time: 1 -4 PM on the�dldRving datels �— Y � ;< . `" Monday, May 8, 1989 Time: 7 :30 PM for the purpose ofDAY Posted �4 - 25th Anniversary Celebration MONDAY - General Business cutive READING HOUSING AUTHORITY Minutes of the Meeting of May 8, 1989 A regular business meeting of the members of the Reading Housing Authority was held on May 8, 1989 at the office of the Authority, 22 Frank D. Tanner Drive, Reading, Massachusetts. The meeting was called to order at 7:30 P.M. The Chairman, Richard S. Dempster, presided. Other members present and forming a quorum were: Mr. Sweet, Mr. Reynolds, Mr. McIsaac and Ms. Galvin. The Executiv Director, Margaret K. Plansky, was also in attendance. Minntac The Board reviewed and discussed the minutes of the meeting of April 10, 1989 as presented. Upon a motion duly made by Mr. Sweet and seconded by Mr. Reynolds, it was unanimously VOTED: To accept for the record the minutes of the meeting of April 10, 1989, copies of which had been distributed to the Bo rd for their review prior to the meeting. The Chairman then declared said motion carried and said vote in effect. Fin�nncc The Board reviewed the checkroll /billroll through check #2051 as presented. Upon a motion duly made by Mr. Sweet and seconded by Ms. Galvin, it was unanimously VOTED: To approve and sign the checkroll /billroll for the period through check #2051 as presented. The Chairman then declared said motion carried and said vote in effect. Electrical - The Authority was not able to have additional outside lighting installed in the dark areas on Frank D. Tanner Drive under the modernization contract because of the high cost. Th Executive Director has obtained a price of $355.50 to install the floodlights and outside receptacles as needed. Upon a motion duly made by Mr McIsaac and seconded by Ms. Galvin, it was unanimously VOTED: To authorize the necessary electrical installation of floodlights /outside receptacles as submitted in the amount of $355.50. The Chairman then declared said motion carried and said vote in effect. Paving - There are some areas not included in the modernization' contract that should be paved: new driveway to back maintenance garage, new walkway to office and new sidewalk ramp at the building. Upon a motion duly made by Ms. Galvin and seconded by Mr. Reynolds, it was unanimously I VOTED: To authorize the paving work to the company submitting the lowest price. The Chairman then declared said motion carried and said vote in effect. Budaet Revisions - 667 and 705 The Board reviewed the budget revisions as submitted by the Fee Accountant to the Executive Director. Upon a motion duly made by Ms. Galvin and seconded by Mr. Reynolds, it was unanimously VOTED: To approve the following transfers from the State budge for FY 189: 667 - To move $900 from materials and supplies and $1120 from contract costs and appropriate the amount of $370 to cover lega costs and $1600 for insurance; 705 - to move $520 from contract costs and appropriate the sum of $100 to administrative other costs, $300 for materials and supplies and $120 for insurance. The Chairman then declared said motion carried and said vote in effect. Single Audit Report - FY 188 The Board reviewed the report from Martin, LaMarca for the single audit for the fiscal year 1988. Upon a motion duly made by Mr. McIsaac and seconded by Ms. Galvin, it was unanimously VOTED: To accept the Single Audit Report submitted by Martin, LaMarca & Company of Weymouth, Massachusetts for the Reading Housing Authority for fiscal year 1988. The Chairman then declared said motion carried and said vote in effect. At this point in the meeting the Board would be discussing matters for financial services and Mr. Dempster absented himself from the rest of the meeting. Mr. McIsaac then presided. The Board reviewed the information submitted by the Executive Director regarding a short -term loan to cover the costs of acquiring the linkage units. Upon a motion duly made by Mr. Sweet and seconded by Ms. Galvin, it was unanimously VOTED: To acquire a short -term loan for the purchase price of the four units of housing at Pleasant /Parker Streets plus costs of debt service and to designate the Executive Director and the Vice - Chairman, Mr. McIsaac, to negoatiate and execute the terms and conditions with BayBank /Middlesex for said loan. The Authority will keep the funds in an account at BayBank /Middlesex for disbursement when appropriate. The acting Chairman then declared said motion carried and said vote in effect. The Board then requested that the Executive Director review th current banking services and solicit proposals for banking ser ices from area banks. There being no further business before the Board, it was u voted to adjourn at 9:30 P.M. Respectfully submitted, Margaret K. Plansky, Secretary and Executive Director sly