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HomeMy WebLinkAboutAffordable Housing Trust Fund Minutes August 10, 2009_201402060923191421Minutes Affordable Housing Trust Fund – AHTF _______________________________________________________________________ Inaugural Meeting Monday August 10, 2009 4 o’clock P.M. ________________________________________________________________________ I Call to Order- the meeting was called to order at 4:15 PM II Establish Quorum-Attendance Present : Michael Kopko, Allen Reinhard, Linda Williams, Fernando Esteban, Whitey Willauer, and Matt MacEachern. Absent: Rick Atherton, Brian Chadwick and Patricia Roggeveen Staff Present: Andrew Vorce, Director of Planning, Leslie W. Snell, Senior Planner, and Susan Bennett Witte, Housing Specialist. III Approval of Agenda- Done IV Approval of Minutes – not applicable V Public Comment – none, however the Trustees welcomed the public in attendance VI Action/Discussion A. Get Organized Matt MacEachern was elected Chairman Pro-Tem B. Review bylaws/ordinance to ensure trustees understand the powers and limitations Accomplished, and agreed that staff will provide copies of the Bylaw by email to each Trustee prior to the next meeting. C. Review open meeting laws to ensure Trustees understand how to comply Done D. Document treasurer procedures, including review and approvals Postponed pending input from Finance Director E. Designate officers and decide on a regular meeting schedule Agreed to postpone to the next meeting, which was then scheduled for 8/31/09 at 2 o’clock PM at the 2 Fairgrounds Rd Conference Room F. Review Implementation strategy of existing Housing Production Plan (HPP) Brief overview was discussed by staff SB Witte and in depth discussions deferred pending approval by Board of Selectmen (BOS) on 8/19/09 and subsequent circulation of HPP to Trustees G. Mission statement, goals, and objectives specified and prioritized Postponed to 8/31/09 meeting H. Strategize to Capitalize the Trust 1. Identify funding sources to capitalize the Trust CPC funding FY2010 requests-specific suggested programs to be presented at 8/31/09 meeting Discuss adopting a policy to earmark proceeds from sale of Town-owned capital items to benefit the AHTF-this would be a policy decision for the BOS, and is under consideration Gifts and Donations- a question arose concerning tax restrictions which might apply to any gifts bequeathed to the AHTF. 2. Create an annual budget for project/program costs and operating expenses- deferred to 8/31 meeting VII Report Items – no report VIII Other Business – question arose: In the event the AHTF requires a legal opinion to who should such services be billed, Town Administration?- to be discussed at 8/31 meeting. IX Adjournment – the meeting was adjourned at 5:25 PM