2023-09-13-AHTBT-min - Laserfiche WebLink

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Page 1 of 3 Affordable Housing Trust Meeting Minutes of September 13, 2023 10:00 am Hybrid meeting on Zoom and attended in-person in the Parker room, Town Office Building Affordable Housing Trust Board Members present: Elaine Tung, Chair; Mark Sandeen, William Erickson, Tiffany Payne, Linda Prosnitz Staff present: Carol Kowalski, Assistant Town Manager for Development; Ragi Ramachandran, Administrative Assistant Other attendees: Elizabeth Rust, RHSO; Bob Pressman, Kathryn Roy, Charles Hornig, Ingrid Klimoff Ms. Tung conducted a roll call to ensure all the members of the AHT Board and members of staff present could hear and be heard. Ms. Tung chaired the hybrid meeting and called the meeting to order at 10:02 am. The meeting was recorded by LexMedia for future on-demand viewing. 1. Approval of August 30 meeting minutes Ms. Tung made a motion to approve the minutes of 8/30/23 AHT meeting. Mr. Erickson ‘so moved’. Ms. Payne seconded. The Trustees voted in favor of the motion 5-0-0, by a roll call vote (Erickson – yes, Tung – yes, Sandeen – yes, Payne – yes, Prosnitz – yes). 2. Chair and RHSO/staff report Ms. Tung updated that the Trustee compensation for resident Trustees of low or moderate income was discussed at the Select Board meeting on 9/6/23. The trustee compensation was reviewed globally for all Boards and Committees not particularly for the AHT. The Select Board voted not to approve compensating Trustees. The members discussed the Trustee compensation process in conjunction with Article 11 of the Trust. Ms. Tung asked for a motion to give Ms. Tung the authority to approve individual expense of $150 or less that would include mileage, childcare related expense, anything that would create a barrier to a resident Trustee of low or moderate income to be able to attend the Trust meetings either in-person or remotely. Mr. Sandeen moved. Ms. Prosnitz seconded. The Trustees voted in favor of the motion 5-0-0, by a roll call vote (Erickson – yes, Tung – yes, Sandeen – yes, Payne – yes, Prosnitz – yes). Ms. Kowalski provided the staff update. She shared that the warrant article to direct the resale fees and the rental monitoring fees to the Housing Trust had to be revised because the motion stated that the funds on balance and future payments would go to the Affordable Housing Trust. However, there were no funds on balance as they go to the Town general fund, not a stabilization fund. So, the warrant had to be amended to indicate the future resale fees and rental monitoring fees will go to the Housing Trust. Mr. Erickson indicated that if the fund