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HomeMy WebLinkAbout02-27-18AA0"%hhh.' NVRI 1A Wheat Ridge Housing Authority Minutes of Special Meeting February 27, 2018 A. CALL THE MEETING TO ORDER The meeting was called to order at 4:15 p.m. by Chair Thompson in the Second Floor Conference Room of the Municipal Building, 7500 West 29`h Avenue, Wheat Ridge, Colorado. B. ROLL CALL OF MEMBERS Authority Members Present: Authority Members Absent Also Present: C. APPROVAL OF MINUTES: Thomas Abbott Tim Fitzgerald Janice Thompson Chad Harr Jennifer Walter Lauren Mikulak, Staff Liaison Tammy Odean, Recording Secretary 1. November 24, 2018 It was moved by Mr. Abbott and seconded by Mr. Fitzgerald to approve the minutes of February 6, 2018 as written. Motion approved 3-0. D. OFFICERS REPORTS E. PUBLIC FORUM There was nobody present from the public to speak. F. NEW BUSINESS Housing Authority Minutes 1 February 27, 2018 1. 2018 Budget Adoption Ms. Mikulak explained that the City's accountant prepared the budget this year and there are not many changes. She mentioned that after the Auditor is paid there will be about $20,000 in savings. Ms. Thompson asked about investing the remaining funds the Housing Authority has into a CD. Mr. Fitzgerald said the Authority would then loose flexibility and he doesn't want to see that happen. Mr. Abbott asked what the City reimbursement includes. Ms. Mikulak explained the reimbursement is for the work that she and Tammy do for the Housing Authority during the year. She added that for 2018 that number will be low. Ms. Thompson confirmed there will not be another meeting in 2018 unless something urgent arises. Ms. Mikulak confirmed this. It was moved by Mr. Fitzgerald and seconded by Mr. Abbott to approve Resolution No. 02, a resolution enacting a budget and appropriation for the year 2018. Motion carried 3-0. Discussion continued on the successful work the Housing Authority has done in the past. G. OLD BUSINESS H. OTHER Ms. Mikulak mentioned that when the 2017 Exemption from Audit is complete the members will have to come to City Hall to sign the application. I. ADJOURNMENT It was moved by Mr. Abbott and seconded by Mr. Fitzgerald to adjourn the meeting at 4:30 p.m. Motion carried 3-0. Housing Authority Minutes 2 February 27, 2018 O'K Janice Thompson, air Tammy Odtrin, Recording Secretary Housing Authority Minutes February 27, 2018