Revision A: Added to Finances Section: Dick added: “Once at or over $500,000 the audit is required by HFHI. Right now, it is my recommendation at we get a firm to perform a review.”
Directors present: Chris Heintz, Dick Malley, Jeff Manney, Eric Solsaa, Paul Brown, Dave Pearson, and Andy Salamon.
Absent: Shaun Williams and John Braun
Others present: Don Woods from Greater Rutland Catholic Community Outreach (GRCCO) was invited by Dave Pearson. Don Woods was a member of the original HFH-Rutland, 20 years ago and wanted to attend our meeting as a representative of the GRCCO and learn about our board. He is a self-employed VT Professional Engineer. He business is called Woods & Company Civil Engineering.
Chris called the meeting to order at 6:40 PM.
Dick made a motion to accept the meeting minutes of April 10, 2017. Paul seconded the motion. It unanimously was approved.
Chris led this discussion
Chris will pass information on to John Braun to discuss Pam’s suggestion and if appropriate, have John contact Kevin.
Dick added: “Once at or over $500,000 the audit is required by HFHI. Right now, it is my recommendation at we get a firm to perform a review.”
Report from VT Affiliates Meeting
Andy discussed the need to have “back-up” board members for our current board.
Dick led this discussion
Dave made a motion for the Board sign the Neighborhood Revitalization Pledge. Paul seconded that motion. It was unanimously approved.
Chris will sign the pledge and contact Bruce Rodgers to let him know that it is signed.
VT Country Store Grant = $20,000
Neighbor Works Grant = $40,000---we expect to learn the outcome of this grant by mid-May
Affordable Home Grant from The Bank of Boston = $30,000
Affordable Home Grant from Peoples United Bank = $20,000
Golfers and Golf-Teams are needed.
Chris and Eric led this discussion
Chris met with our Lawyer and our Lawyer is fully “on board” with our projects.
30 West Street, Fairhaven, VT (Project #1)
Chris Led this discussion
Closing on this property is currently in the hands of our lawyer. Once all papers are ready to go, we will close on this property.
42 Cleveland Avenue, Rutland City (Project #2)
Dave led this discussion
A Quick Claim Deed Agreement must be signed.
Dick made a motion that Chris sign the Quick Claim Deed Agreement. Paul seconded this motion. It was unanimously approved.
Chris signed the Quick Claim Deed Agreement.
Chris will deliver the signed Quick Claim Deed Agreement to our Lawyer. Our Lawyer, in turn, will deliver this signed document to Rutland’s Mayor/City Lawyer.
Chris will follow-up with this legal activity.
At this point of our meeting, Don Woods was excused before we reviewed the Family Selection Committee Activity.
Family Selection Committee
Chris led this discussion of the home owner candidate.
Paul made a motion based on our discussion to accept this family for home ownership at 42 Cleveland Avenue. Dave seconded the motion. It was unanimously approved.
Chris will inform the Family Selection Committee that the Board has approved the family for 42 Cleveland Avenue.
In turn, the Family Selection Committee and/or Chris will inform the Family that they were selected.
Construction Committee Continued
Eric, Chris, and Dick led this discussion
Dick made a motion that building at 42 Cleveland Avenue will start upon, HFH has complete ownership of the property, i.e. the Quick Claim Deed is signed by Rutland City and filed with the city; and we have the sum of $80,000 comprised of committed Grant funds and cash. This motion passed unanimously.
Chris adjourned the meeting at 8:40pm.
Our next scheduled Board meeting is Tuesday, June 13th @ 6:30pm.
Minutes respectively Submitted by Andrew Salamon
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