|
|
|
 |
LAKEWOOD HOUSING AUTHORITY
REGULAR MEETING
Monday, May 24, 2004
Maplewood Apartments
5:30 P.M.
Members Present: Robert Sandridge - Chair
Joan Smith - Vice Chair
Minoo Poorteymoor - Resident Commissioner
Gari Westkott - Commissioner
Members Excused: Sandra Maben - Commissioner
Staff Present: Sabrina Pierre-Louis - Deputy Executive Director
Garnette Hardesty - Administrative Assistant
Bill Lunsford - Development Manager
Carl Musso - Housing Accountant
Guests: Newcastle Properties, Inc., Management Company
Mark Richardson
Maria Ulibari
CALL TO ORDER
The Chair, Robert Sandridge, called the meeting to order at 5:52 p.m. with roll being called by the Administrative Assistant. The Chair stated a quorum was present.
CHANGES AND MODIFICATIONS TO AGENDA
Changes to the agenda as stated. Under the Executive Director Report, both
the Department Report and City council/Annual Report will be tabled until the
June meeting.
An additional resolution for bond approval will be added under the Development
Manager Report.
APPROVAL OF MINUTES
A motion was made by Gari Westkott, seconded by Joan Smith to approve the minutes of the April 29, 2004 regular meeting. The vote of the Commissioners was as follows:
Robert Sandridge :aye
Joan Smith :aye
Minoo Poorteymoor :aye
Gari Westkott :aye
The motion carried.
FINANCIAL REPORT
Revenue and Expenditure Reports
Carl shared the highlights from the April financial report. The total revenues for the month of April in vouchers were 106% and for the year-to-date they were 107%. Carl also mentioned to the board that there were 3 payrolls in the month of April so the percentage was skewed a bit. Year-to-date is at 81% and that is a reflection of the Vance Terrace closing did offset some of the admin expenses.
Carl informed the board that he will be going on medical leave and will return 6 weeks after his date for hip replacement surgery. There will be no financials available for the June 2004 meeting.
Investment Report
The only changes in the investment report were increases in value due to interest and the Continuum Loan. In the month of April there were two payments of interest from Continuum.
The $2.6 million is still in First Bank from the Vance Terrace proceeds.
HOUSING MANAGER REPORT
Section 8 Management Assessment Score Results
Sabrina received a letter from HUD with the results of the Section 8 Management Assessment Program. The Lakewood Housing Authority is again a high performer for the year 2003.
Request for Resolution to Adopt Wage Rates
Sabrina requested a resolution for the Lakewood Housing Authority to adopt the cities prevailing wage rates for maintenance employees as required by HUD. A motion was made by Joan Smith, seconded by Gari Westkott to adopt the City of Lakewood wage rates. The vote of the commissioners was as follows:
Robert Sandridge :aye
Joan Smith :aye
Minoo Poorteymoor :aye
Gari Westkott :aye
The resolution carried.
EXECUTIVE DIRECTOR REPORT
Agenda items will be tabled until the June meeting.
DEVELOPMENT MANAGER REPORT
Request for resolution to enter into a partnership with Black Creek communities for the redevelopment of Kings Row Apartments
Bill Lunsford requested a resolution to enter into a partnership with Black Creek communities for the redevelopment of Kings Row Apartments. A motion was made by Gari Westkott, seconded by Joan Smith that the resolution be approved as written. The vote of the commissioners was as follows:
Robert Sandridge :aye
Joan Smith :aye
Minoo Poorteymoor :aye
Gari Westkott :aye
The resolution carried.
Request for Resolution to approve the Final Acceptance of Bond Issuance on Kings Row
Bill Lunsford requested a resolution to approve the final acceptance of bond issuance on Kings Row in the amount of $10 million 4. A motion was made by Gari Westkott, seconded by Joan Smith that the resolution be approved as written. The vote of the commissioners was as follows:
Robert Sandridge :aye
Joan Smith :aye
Minoo Poorteymoor :aye
Gari Westkott :aye
The resolution carried.
Other Business
Bill Lunsford asked the board if the Lakewood Housing Authority would donate $500 towards the Housing Justice Walk in June. The board agreed to donating the funds.
Tami Fischer asked Bill to mention that the City of Lakewood is interested in having the Lakewood Housing Authority purchase the Chrysler property south on Colfax east of Wadsworth. The property would be very nice for a mixed-use development.
Willow Glen received the NAHRO Colorado Project of the year!
Cason Howell will have an Open House on June 9th from 1:00 - 3:00 with a presentation at 2:00 p.m.
Carriage Lane is all sold except for one unit.
Adjournment
The regular meeting of the Housing Authority of the City of Lakewood was adjourned at 6:15 p.m.
At the conclusion of the meeting, board and staff met with Newland Castle Properties
in their management office for an update and presentation on Maplewood.
Robert Sandridge - Chair, Lakewood Housing Authority
Sabrina Pierre-Louis, Deputy Executive Director
 |
||
Americans with Disability Act (ADA) Notice |
||
