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HomeMy WebLinkAbout2006_05_02 Housing Authority Minutes • TOWN OF MAMARONECK HOUSING AUTHORITY 5/2/06 Minutes In Attendance Richard Cherry, Chairman Sal laconno Susan Seidel Mary Carlson Bob Cammer Paul Winick Bram Fierstein, Gramatan Management Mr. Cherry called the meeting to order at 7:35 PM. He requested that Mr. Fierstein present the management agenda. He reported: 1. Cash Position: Operating Account: $ 74,029.46 Short Term Reserve (3/31): $ 97,127.81 Long Term Reserve (3/31): $ 801,986.11 Total Assets: $ 973,143.38 2. Ten Year Celebration: At the January Board meeting it was suggested that it would be a good idea to organize a celebration at the Hommocks Apartments. Tenants, Board Members, Town Officials and those involved with the original planning for the Hommocks Apartments would be invited for a weekend daytime barbeque. Susan Seidel and Mary Carlson agreed to help arrange the party that was scheduled for June 24th. Mr. Fierstein will help coordinate logistics with the Town. 3. Finances: Sal Iacono and Rick Cherry met with the TMHA auditor. Mr. Iacono reported that he and Mr. Cherry met with the auditor and were satisfied with the audit. It was agreed that Bob Cammer would draft a letter to the auditors. 4. Boiler Replacement: On behalf of CEC, Mr. Cherry reported that two boiler had been installed— one on the floor in unit#28 and one on the floor in unit#8. Another will be installed in unit#6 within two weeks. The TMHA agreed to install eight more before the end of the year and to continue the project until all boilers are replaced. 5. Management Contract: Gramatan's management three-year contract ends at the end of 2006. The TMHA agreed to the following three year extension: 4111) 1/1/07— 12/31/07 $19,860 annually 1/1/08— 12/31/08 $20,460 annually 1/1/09— 12/31/09 $21,072 annually 6. Apartment Rentals: Since January 1, six market rate apartments have been rented. Per the Board's direction we have been installing new carpeting, new appliances and new kitchen floors. Abner has reported that the potential tenants have responded well to the apartments and that they have been renting more quickly— approximately one month vs. two —three months in the recent past. 7. Lease Renewal: Warren Hickman's (#78) lease is up for renewal. He has not been current with his rent July 2003. The TMHA was not inclined to renew his lease but agreed to allow him to put down an extra month's security deposit and warn him that his lease will not be renewed in the future if he does not pay his rent in a timely manner 8. Insulation: Mr. Cherry requested the TMHA's permission to have CEC survey the apartments and determine the value and cost of further insulation at the site. It was agreed to proceed with the survey and to report back their findings to the TMHA. There being no further business a motion was made to adjourn the meeting. The • motion passed unanimously. The meeting was adjourned at 8:40 PM. •