HomeMy WebLinkAbout2015-01-14-LEXHAB-min LexHAB
Minutes of Meeting held on January 14, 2015
The meeting opened at.8:05 A.M. at the offices of LexHAB at 1620 Massachusetts
Avenue in Lexington.
Present were Board Members Bob Burbidge ice Chairman),Martha Wood,Lester
Savage, Gerry Howell, Dave Eagle and Bill Hays. Bill Kennedy(Chairman)was absent
for medical reasons. Also present was Bob Pressman.
Bob Burbidge chaired the meeting in the Chairman's absence.
1. Minutes:
The minutes for the December meeting were unanimously approved as presented.
I. Financials:
Gerry Howell commented on the Profit and Loss statement for the year 2014 as
follows.
A. LexHAB's auditors have inserted a figure for depreciation which is a non-cash
item. If the depreciation item is excluded, the net income for 2014 works out to be
$144,222 which is within$300 of the net income for 2013.
B. In answer to questions relating to Security Deposit interest paid in 2014, Gerry
said he did not know why the entry for same under expenses is a negative figure. He will
check and report on this at the February meeting.
C. Gerry commented briefly on the question whether LexHAB will need to issue
1099 forms for security deposit interest paid The amounts are quite small. Bob Burbidge
will speak with Steve Goldberg and report on same at the February meeting.
Subject to the above,the Treasurer's report, being the financial statements,was
unanimously accepted
3. Busa Farm Project:
A. Dave Eagle reported that Peter Kelley has offered to provide fill excess to his
needs, indicating that the Conservation Committee is aware of the proposal. We will need
fill in some amount for the project.
Without committing to the offer, Lester will speak with Ken Kanofski as a
member of the farm group and will also notify Norman Cohen of our interest in the
proposal.
There was discussion as to whether the offer might need to be communicated to
the neighbors. This question will be reviewed further at the February meeting,together
with the scheduling of a neighborhood information meeting if the answer is in the
affirmative.
B. Metro West has requested additional information regarding the project. Dave
Eagle and Bill Hays will work on our set of responses.
4. .Fairview Project:
A. Dave Eagle reported that so far as he knows, all parties with sign-off function
following the project approval by the ZBA have signed off. Carter Scott's company as
developer will pull the building permit.
B. Dave further reported that the meeting between the Minuteman Vocational
School, LexHAB, the Rotary Club and Carter's company was most successful. The key
persons at Minuteman were present and very excited by and supportive of the proposed
collaboration, especially as the project is at the cutting edge of zero energy for ordinary
housing. The other parties are equally fired and ready to go.
C. There was brief discussion of whether a ground breaking ceremony might be in
order given the likely appeal of the project to providers statewide of affordable housing.
5. Parker Manor:
A Dave reported that Paul McNamara was back in full occupancy of his
apartment. The apartment was again flooded due to sewer failures. LexIM has replaced
appliances as necessary,Paul's family has repainted the unit. Dave recommended that we
adjust Paul's rent for the time that his apartment was not 100%fit for occupancy,which
proposal was on motion made and seconded, unanimously accepted .
B. Dave further commented on problems at Parker Manor, stating that the sewer
pipes under the buildings have no been re-routed, hallway lead paint has been remediated
and a new roof installed.
6. Wright Farm:
Bob Pressman suggested that LexHAB ought to be involved in the planning for the
Wright Farm Project as there is provision in the underlying agreements for the set-aside
of a small portion of the 13 acre site for future affordable housing.
It was resolved that Lester will review this matter with Aaron Henry and also convey
our interest to Norman Cohen.
7. Next Meeting;
The next meeting will be held on February 11fi'at 7 A.M. at the offices of LexHAB at
1620 Massachusetts Avenue in Lexington.
8. Executive Session:
The Vice-Chair then proposed that the Board go into Executive Session to consider
the selection of tenants for available LexHAB units without return to open session,
stating that consideration of same in public session might adversely affect the privacy
rights of prospective tenants.
The members of the Board were then individually polled, each member then voting in
favor of the Vice-Chairman's proposal.
The time then was 7:25 A.M.
Respectfully submitted:
William C. Hays
Secretary pro ter