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HomeMy WebLinkAbout2010-04-22 Regular MeetingState of Texas County of Tarrant City of Grapevine The Board of Commissioners of the Grapevine Housing Authority met in Regular Session on this the 22nd day of April, 2010 in the Conference Room of Grapevine Housing Authority, with the following members present to wit: Cathy Martin Chair Jane Everett Vice Chair Joetta King Commissioner Randy Bacon Finance Officer Carole Reed Resident Commissioner Constituting a quorum, with the following also present: Debra Wells John McGrane Allen Cornell Executive Director Director of Administrative Services Fee Accountant CALL TO ORDER Chair Cathy Martin called the meeting to order at 6:00 p.m. CITIZEN COMMENTS REPORT OF THE EXECUTIVE DIRECTOR (INFORMATIONAL ONLY) Item #1. Rent Delinquency and Information Sheet The Executive Director reported to the Board on the rent delinquencies, number of empty units, work orders and statistical information for the waiting list for Public Housing from February 19 through April 15, 2010. Also reported was the statistical information for the Section 8 Voucher Program including number of Vouchers leased up, cost per voucher, number of applications on the waiting list, and the Portability and Receipts report. Portability accounts receivables aging report included. Item #2 Capital Funds The Board was provided with a copy of the monthly Capital Funds Report. Item #3 Quarterly Investment Report The Board was provided the Quarterly Investment Report through March 31, 2010. 1 NEW BUSINESS Item #1 Consideration of minutes from the February 25, 2010 meeting Commissioner King made a motion to accept the minutes as presented. Commissioner Reed seconded the motion. Ayes: Martin, Everett, King, Bacon & Reed Nayes: None Absent: None Item #2 Allen Cornell, CPA to provide information in reference to governmental accounting and HUD accounting for monthly accounting and financial statements. The Board was provided the opportunity to discuss with Allen Cornell, CPA the accounting methods used to produce the monthly financial statements. He discussed the different budgets that are adopted by the Board and explained which of the budgets are included in the monthly financial statements. He spent time explaining that the Capital Budget is not part of the Operating Budget. He also explained the difference between soft cost and hard cost that are paid out of the Capital Funds budget and how the soft costs become part of the Operating Budget. No action taken Item #3 Consideration and acceptance of January and February 2010 Monthly Financial Statements. The January and February monthly financial statements were provided to the Board for review. Commissioner Bacon stated that he had reviewed the financial statements and that the questions he had were answered by Allen Cornell. Commissioner Bacon made a motion to accept the January monthly financial statements as presented. Commissioner King seconded the motion. Ayes: Martin, Everett, King, Bacon & Reed Nayes: None Absent: None 2 Commissioner Bacon made a motion to accept the February 2010 monthly financial statements as presented. Commissioner Reed seconded the motion. Ayes: Martin, Everett, King, Bacon & Reed Nayes: None Absent: None Item #4 Consideration and discussion of proposals for annual tree trimming service and take any necessary action The Board was provided with a proposal from Preservation Tree Services, Inc. for the annual tree pruning on all properties. The proposal was provided to Commissioner King prior to the meeting for her review. The bid will leave enough funds in the budget to allow for storm season. If the funds are not required for storm damages then it will be applied to trimming this fall. Commissioner King made a motion to accept the bid from Preservation Tree Services, Inc. for the services covered in the proposal. Commissioner Everett seconded the motion. Ayes: Martin, Everett, King, Bacon & Reed Nayes: None Absent: None Item #5 Minutes from the Resident Advisory Board Meeting held March 18, 2010 The Board was provided minutes from the March 18, 2010 RAB meeting. No action taken. ADJOURNMENT Commissioner King made a motion the meeting be adjourned. Commissioner Reed seconded the motion. Ayes: Martin, Everett, King, Bacon & Reed Nayes: None Absent: None Motion passed. Meeting adjourned at 6:55 p.m. 3 PASSED AND APPROVED BY THE BOARD OF COMMISSIONERS OF THE GRAPEVINE HOUSING AUTHORITY ON THE 10TH DAY OF JUNE 2010. ATTEST: �OQo, UJIA Debra L. Wells, Executive Director APPROVED: Cathy ' in, Chair 4