Laserfiche WebLink
r' <br /> The meeting was called to order by the vice-ebairperson at 6:00 PM. A quorum was declared <br /> with the following members resent: Melissa Phillips, Kevin Shackett, Richard Halpern and Jill <br /> Aller. Also in attendance: Leila Botsford, Executive Director, Fran Laporte was absent. <br /> SECREi TARY'S REPORT: Minutes for the regular meeting held on April 13, 2017 were <br /> mailed to members before the meeting. A motion was made by Richard Halpern and <br /> seconded by Kevin Shackett to accept the minutes as presented. The motion was adopted. <br /> TREASURER'S REPOT & BUDGET UPDATE: Mrs. Botsford advised the board that Mr. <br /> Joy was unable to cone into the office this week to do the budget to actual report due to having <br /> to attend a funeral out-of state. Mrs. Botsford presented the warrants for review and signature. <br /> The warrants for signature tonight are for the month of April 2017 and total as follows: <br /> $43,818.89 for 4001, 46,7 0.00 for MRVP, $85,571.38 for Asher's Path Apartments, $9,921.00 <br /> for HAP, and $16,425.66 for Great Cove Community. Mrs; Botsford pointed out two large <br /> amounts for sher"s Path due to the annual distribution. Net profits distributed 1/2 to pay down <br /> MassHousing mortgage and V2 to MHA for incentive management fee ($21,2 81.00). <br /> We have all residents paid in full at all developments except for one sher's Path resident who is <br /> in the hospital. we are 100% occupied at all developments except for Great Cove Community <br /> right now. we have two vacancies and one more coning at x . Carol has been wor ' very <br /> hard to process applicants but due to a number of issues we have had some difficulties filling the <br /> units. we are at a place now where we expect to fill the two vacancies very soon and we thinly <br /> we already have a new resident for the upcoming vacancy so hopefully all will be filled by June. <br /> A motion was made by Melissa Phillips and seconded by Richard Halpern to accept the <br /> Treasurer's Report & Budget Update as presented. The motion was adopted* <br /> EXECUTIVE DIRECTOR'S REPORT & UPDATES: <br /> Mrs, Botsford stated that she had nailed her reports for April and had a few items to add: <br /> I ani attending LIHTC Spectrum next week in W. Virginia <br /> Both Mrs, Botsford and Carol Mitchell will be attending the MassNAHRO Spring <br /> Conference in Falmouth at the end of the month. Melissa.Phillips will be honored for <br /> completing the MassNAHlo board member training. <br /> Mrs. Botsford has been nominated to continue on the MassNAHRo Board of Directors. <br /> Elections will be held at the conference. <br /> Mrs. Botsford sent the CPC our application for the Buy-down program. <br /> Mrs. Botsford is getting ready to do annual performance reviews for staff, She did <br /> include money in the budget for performance bonuses and would like board approval to <br /> issue those, based on performance/merit. A motion was made by Richard Halpern <br /> and seconded by Kevin Shackett to approve the Executive Director to issue bonuses <br /> Page 2 of 4 <br />