Loading...
HomeMy WebLinkAbout2020_10_27 Housing Authority Minutes TOWN OF MAMARONECK HOUSING AUTHORITY BOARD OF DIRECTORS MINUTES 10/27/2020 The meeting was opened by the Chairman at 7:30 PM. The meeting was held via Zoom, facilitated by LMC and open to the public. Present were: Rick Cherry, Chairman Melissa Kaplan-Macey, Member Diana Lovett, Member Barry Wohl, Member Nuno Pires, Gramatan Management. Sabrina Fiddleman, Liaison from the Town of Mamaroneck Administrative Two individuals need to take over as signatories on the account. Those signatories will transfer from Sal & Rick. Steve Chapin has resigned. Nuno suggests that we have a day-to-day operations person. Next meeting is 11/16 at 7:30pm Budget Current Cash Position: Sterling Operating Account: $26,184.11 Sterling Capital Account: $1,406.69 Wells Fargo Capital: $103,504.31 Wells Fargo Operating: $486,510.28 Total: $610,610.42 The Board approved a transfer from the Investment Accounts to cover CAPEX paid by Operating funds: $25,000 - Gas Pipe replacement project (project completed) $23,070 - Backup Power for Sewer Pumps(project underway) $11,900 - Deck repair + insulation/flashing(project underway) --------------- $59,970.00 A proposed budget was discussed. The budget will be revised and revisited at the next meeting after it is changed to reflect the end of the bond payment in August 2021. Ending the bond payments will lower the expenses by 62k. This will generate a surplus of 103k. The excess will go into the capital account. Other notable changes: the ground lease is going up 1.5% and the vacancy rate will be recalculated to st 5%. The Board unanimously agreed to increase Louis’ pay by $1/hour, effective Jan 1, 2021. “R&M” refers to misc repairs. The insurance line reflects the increase in the fee for next year. It appears lower as 2019 payments were made in 2020. Capital Expenditures Proposed for 2021 – not yet finalized. 1. Address the gas pipe issue after the heating season (lowest bid was 144k) 2. Solution for the vent issue 3. Replace the deck (est 62k – using a composite material after prices normalize) 4. Steel railings and stairs are lose – they need to be re-cemented or repainted and add treads. 5. Nuno thinks that the windows should be done all at once and done in 2022 6. Doing appliance repair as we see fit as a part of renovation The Board unanimously approved gas pipe fix for next year – details to be finalized. Nuno make a 5 year capital plan. Need one more meeting to finalize the operating budget and the cap expenditure. Operations Currently, the back-up power system is being installed. The deck is currently being repaired. There was discussion of replacing the deck with Trex, which was tabled until it can be considered as part of all the capital projects. The Board discussed the safety of the deck and it is safe, based on the information from the managing agent. The water penetration issue in the apartment has been resolved and Unit 34 has been rented. The carpet in 22 is being installed this week. 75% -80% boiler tune up and apartment inspections are done. The inspection revealed mostly minor odds and ends - issues which Louis capable of addressing. Nuno has been working on the vent issue with Ralph to “build a box”. More to come when a solution is found. Gramatan has received a note from the sanitation department about co-mingled recycling. There is a pre-existing issue between the sanitation department and the superintendant. This is not related – it is the tenants intentionally co-mingling. It was decided to let the tenants know that the fine will be evenly distributed and what will happen (trash will not get picked up). Nuno will ask Steve Altieri for some leeway. Tiers Table the conversation about changing the tiers until after the Board change-over. Diana and Sabrina to look at the MOU together. Housing Authority Membership Steven Chapin has resigned The meeting adjourned at 9:00 PM