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HomeMy WebLinkAbout2016-11-18-LEXHAB-minMinutes of the meeting held at the offices of LexHAB at 1620 Massachusetts Avenue in Lexington on November 18, 2016 Those present at the meeting the Chairman Bill Kennedy, Bill Hays ,Lester Savage, Henry Liu, Bob Burbidge, Donna Leary, Martha Wood and Gerry Howell, Bob Phelan Also present were Patricia Nelson LexHAB counsel, Norman Cohen LexHAB Liaison, and Bob Pressman. The chairman presided. The meeting opened at 7:05 a.m. 1. Minutes The minutes for the meeting on October 2016 were approved as presented. 2. Financials Karen Iverson presented the Financial Report, She told the board income was up, Rehab was up, and condo fees were down. There was a motion made and seconded to accept the financial report as submitted, motion was approved 2A. Task Force Property Assessment update: Bob Phelan said he has spoken with John Biggins and they are working together to get through all the properties. 2B. Policy Task force update: Henry spoke about asset limitation, the 5 year rule and how to implement new policies. There was a motion made and seconded to adopt the recommendations of the task force on non - regulated units. The motion passed. 3. Busa Farm A. A meeting has been scheduled with Jennifer Van Campen on Thursday December 1st to discuss the next steps that need to be taken for Busa and the DHCD application. B. Discussions were had about the possibility of hiring an architect and have drawings made or hire a project manager to work for us. C. Site plan complete, it only needs to be stamped 4. Fairview 4A. Old house plumbing roughed in, 75% electric roughed, but we could have delays due to the Electrical teacher having knee surgery. Carpentry shop doing a great job. The house has been power washed and looks great. We will begin work on the front porch. 4B. The New house is moving along, site work done, wall done, asphalt done, and they are working on the trim work. We have terminated our contract with transformations due to nonperformance clause. 5. Wright Farm A. the Lip application is a process that takes time. Discussions about friendly 40 b and its process were had. Also discussions about obtaining a building permit due to plot size. 6. Keeler Farm No report at this time 7. Leary This project will take some time, Carole Kowalski is handling this. 8. Other Matters 8A. Discussions were had about having a Holiday gathering at the Vine Brook Tavern. 9. Next Meeting The next meeting of the LexHAB Board, will be held at the LexHAB offices at 1620 Massachusetts Avenue in Lexington at 7 a.m. on December 14, 2016 10. Executive Session The chairman then proposed that the Board go into executive session to consider tenant matters, stating that consideration of same in open session could have a detrimental effect on the negotiating position of a semi - public body, namely LexHAB, and might also affect adversely the privacy rights of tenants and that the Board not return open session at the end except to adjourn. Meeting Adjourned at 9:25