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2019-06-26 Sr Housing Board MinutesMINUTES OF THE REGULAR MEETING EI Segundo Senior Citizen Housing Board Corporation Wednesday, June 26, 2019 Park Vista Senior Housing 615 E. Holly Avenue, EI Segundo, CA 90245 CALL TO ORDER: The regular meeting and special meeting was called to order at 7:00 p.m. at Park Vista, Chairman Lanyi presiding. ROLL CALL Members Present: Jim Latta Paula Rotolo Paul Lanyi Patricia Gerber Martin Stone Others: Daisy Epifanio Cadman, Property Manager, Cadman Group Arecia Hester, Recreation Superintendent Monse Palacios, Administrative Analyst A. PUBLIC COMMUNICATION None B. APPROVAL OF MEETING MINUTES Motion: to approve the Wednesday, May 22, 2019 meeting minutes was made by Member Gerber and Seconded by Member Latta. Motion carried 5-0. C. NEW BUSINESS President's Report President Lanyi will post his email address for the residents. He asked residents be respectful. He spoke to residents to create a questionnaire and he has a draft completed. He is open to suggestions or comments. He will conduct the annual inspection on June 27'" Hoping that Joe Lillio, Finance director will be able to attend the meeting to update the board on both the amendment of the operating agreement and the on the reserve study that was done. If he cannot attend the board will work diligently to have someone provide and update. 2. Financial Reports and LAIF (Local Agency Investment Fund) Martin Stone asked what size units are the vacancies. Daisy informed the board there is two vacancies which are one bedroom, one bath. People on the waiting list have been contacted. 3. Transfer of Funds Patricia is concerned that if the money is placed in LAIF it will be difficult to withdraw. Motion: To have Paul contact Joe about moving money to LAIF or other savings account and find out if it is up to the board where it goes and how difficult it is to withdrawal from LAIF was made by Member Martin Stone and Second by Jim Latta. Motion carries 5-0. 4. Amendment of the operating agreement between the City of EI Segundo and Park Vista Tabled the item for the next regular scheduled meeting. D. UNFINISHED BUSINESS 1. Park Vista Wi-Fi The questionnaire includes a question regarding Wi-Fi. Paul would like to add the questionnaire to the agenda for the next regular scheduled meeting. E. MANAGEMENT REPORT Daisy informed the residents that inspections are continuing. New floor in the kitchen has been installed. F. CITY STAFF REPORT Recreation Superintendent Arecia Hester announced our new City Manager who will begin July 1St. Our current City Manager has two more days with the city. She invited everyone to our annual Fourth of July celebration. G. RESIDENT SUGGESTION BOX None H. BOARD MEMBER REPORT Jim Latta conducted inspections and was impressed. Everything went well. A few of the items that need repairs will be taken care of. I. PUBLIC COMMENT None NEXT MEETING: July 24, 2019 August 28, 2019 September 25, 2019 ADJOURMENT: 7:26pm