Laserfiche WebLink
TREASURER'S REPORT AND BUDGET UPDATE: Mrs. Botsford presented the warrants <br /> for signature which are for the months of January and February 2019 and total as follows: <br /> January: $43,102.51 for 4001, $ 43,560.00 for MRVP, $37,496.28 for Asher's Path Apartments, <br /> $4,457.00 for HAP, and $12,027.13 for Great Cove Community. February: $55,626.21 for 4001, <br /> $ 47,383.00 for MRVP, $51,326.91 for Asher's Path Apartments, $5,031.72 for HAP, and <br /> $18,661.77 for Great Cove Community. We have rents paid in full at all developments. We are <br /> 100% occupied at all properties except for one unit at Homeyer Village which we expect to have <br /> filled within a couple weeks. Mrs. Botsford reported that the budgets have been approved by <br /> DHCD. She then reviewed the budget to actual prepared by the fee account and explained some <br /> variances. A motion was made by Jill Allen and seconded by Kevin Shackett to accept the <br /> Treasurer's Report as presented. The motion carried unanimously. <br /> EXECUTIVE DIRECTOR'S REPORT & UPDATES: <br /> Mrs. Botsford stated that she had mailed her monthly report to members and added the <br /> following: <br /> • Things remain busy at all authorities with several capital jobs going on. Mrs. Botsford <br /> just hired a new maintenance man for Mattapoisett who will be starting in a couple <br /> weeks. She will be spending a lot of time there getting him settled and Vincent will assist <br /> as well. <br /> • The annual request for records destruction has been submitted to the state and after <br /> approved, shredding will be done of old records. <br /> • Members were provided with a copy of the Mass Housing Annual Asset Management <br /> Review. There were no findings; In fact, three out of five categories were classified as <br /> "superior" in the report. <br /> • The annual audit for Asher's Path has been completed with no findings. Mrs. Botsford <br /> has requested of MassHousing permission to distribute the Asset Management Fee and <br /> Incentive Management fee. Mrs. Botsford reminded the board that each year, after the <br /> audit is completed, the housing authority receives half of the excess income earned from <br /> Ashers' Path(the other half goes to pay down a loan with MassHousing). From that, <br /> Mrs. Botsford receives a percentage as her annual bonus. She estimates that the <br /> distribution to the housing authority this year will be approximately$25,000.00. <br /> OLD BUSINESS: <br /> A). CPC Applications for Funding: Prior to the meeting, Mrs. Botsford distributed two letters, <br /> dated January 28, 2019, from the town's Community Preservation Committee. Both of our <br /> funding requests have been approved, pending town meeting vote. One request, for funding to <br /> continue the Housing Assistance Program, was amended with language that states it is "subject to <br /> a Memorandum of Understanding between the Board of Selectmen and Mashpee Housing <br /> Authority." Mrs. Botsford mentioned that an MOU was sent to the town a long while ago and <br /> nothing happened with it. She is hoping that this does not hold up the program. The chair <br /> mentioned that he will talk with the Town Manager about this. <br /> B). Office Space: Mrs. Botsford stated that she had only looked at the one spot so far. She drove <br /> by another potential spot but could not find an office or a phone number. This item no longer <br /> seems as urgent as it was before because we will be holding off on hiring any new personnel. <br /> Page 2 of 4 <br />