2021-03-04-LEXHAB-min - Laserfiche WebLink

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LexHAB Board Meeting March 4,2021-8:00 AM—HELD BY Remote Connection Open to Public Minutes of the meeting held virtually due to COVIIU 19 on March 4, 2021 at 8,00 am Members present were. Bob Burbidge, Bill Kennedy, Henry Liu, Les Savage, Bob Phelan, Martha Wood, Gerry Howell, Donna Leary Bill Hays Martha Wood. Also present were Pearlene Varjabedian, Housing Director and Karen Iverson, Regina Brown, Financial Administrator, Patricia S. Nelson, counsel to LexHAB.And Sue Barry,Selectwoman, The Chairman, Bob Burbidge presided. Lex Media recording. Revised Minutes from the Vine Street January 27, Meeting reviewed. Motion to accept Vine Street Meeting Minutes. All in favor by Roll Call. Minutes of the February 4, 2021 Board meeting reviewed. Motion to accept minutes of the 2/4/21 Meeting. All in favor by Roll Call. Tenant Policy and procedures Task Force - Over Housing Policy reviewed. —Henry Liu to add verbiage "at renewal." Motion to accept updated version of Over housing Policy All in Favor by Roll Call. FINANCIAL OPERATIONS -Gerry Howell reviewed Financials—Quarterly Update Regina Brown provided Financial review documents. Gerry Howell indicated that Financial are reviewed by him monthly with Regina Brown. -Repairs and Maintenance— Review present limit of$1000 for Capital Expenditures Auditors recommended that this limit be increase to$2500, with anything over this limit carried as a capital expense. Motion to accept auditor's recommendation to increase the capital expenditure limit to$2500. All in Favor by Roll Call.