HomeMy WebLinkAbout09-20-2012 CHA MINUTESCaldwell Housing Authority
September 20, 2012 Special Meeting
Minutes
Board Members Present: Patricia Benedict, Sid Freeman Phares Book, Beronica Salazar and
Jim Blacker. Board Members Absent: Estella Zamora
Staff Members Present: Mike Dittenber, Cheri Hess and Ruben Buenrostro
In Order of Business:
1. Roll call and call to order:
Sid Freeman called the meeting to order at 6:35 a.m. Patricia joined the meeting shortly after it
was called to order.
2. Rent Increase Discussion:
Mike explained how important it was for everyone to understand how the budget, proposed rent
increase, and the wastewater project were all inter- related. Mike then explained to the board
how 170 families of the 241 families at CHA are currently on rental subsidy assistance and how
a rent increase would not affect them and how another 15 to 20 families will receive rental
assistance. The people who will be most affected will be those families who don't qualify for
assistance because of their income, but it will still be cheaper than living somewhere else
according to market prices. Mike showed the Board how a 10% and 20% vacancy contingency
affected the budget. Phares indicated that CHA should plan for a 20% vacancy contingency,
because it has been that high before. The Board agreed overall that it is better to have a 20%
vacancy contingency.
3. Budget Overview:
Mike provided a detailed budget presentation to the Board and compared 2012 costs with 2013
anticipated costs. The board members were satisfied with the presentation and asked that Mike
let them know when budget is approved by RD.
Phares and others expressed appreciation with staff and Mike for having a second meeting to
discuss the budget.
Resolution 3 carried over from previous meeting)_ Authorizing a 20% cross - the -board rent
increase totaling $107,000 to cover the 2013 budget. Phares made a motion authorizing said
resolution; seconded by Beronica and approved by the Board at 7:35am.
Resolution 4: Authorizing an 11 % increase in the 2013 budget. Phares made a motion
authorizing said resolution; seconded by Sid and approved by the Board at 7:45am.
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4. Adjournment:
Meeting was adjourned at 7.50 a.m. Ga
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Certified:
President, Board Board of Directors Executive Director
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