4/15/12

Agenda
 * Washer
 * Weatherization grant work
 * Rent and carrying fee
 * Audit
 * Meeting for residents selection
 * Fire inspection


 * Washer:
 * Sub committee looking into options (Everyone will come into the next meeting with options to propose)
 * Some options:
 * individual
 * on end apt.
 * Bike powered
 * communal
 * electrician and plumber assesment
 * Water meter
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Power meter
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">3 phase


 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Weatherization one
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Rob -- We have talked about the WISE program, proposal was taken to WCHA board, they gave favorable response, concern being the amount of initial cash outlay by the coop coming out of repair reserve fund. Wouldn’t wipe out repair reserves but would take significant bite.  Conversation stalled there
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Talk about going back to the board fro us to find a way to pay backa certain amount of what it would take. A couple of diffrent proposals:
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Pay from the expected savings as added extra of carrying charge so weatherization is paid off, wo’t do weatherization unless 15% saved, if we added the savings instead on power bill
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Do fund rainsing or grant writing to come up with some of the money
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Cash does exist to do this, it would just be a matter of replenishing.
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Amount available is in the March report.
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Weatherization 750 -1500 per unit, half paid for by grant from the city 7500 on high end that we responsible for. (750/unit).  What average utility bill is, 40-50$.  Air sealed and mastic, cellulose.  Solar hot water is on the table, WISE can spend 1500 per unit, so 750 left that can go towards hot water.
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">If could do all the weatherization ourselves then the full 1,500 ourselves.
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">WISE goes until the money is spent.
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Get everyones energy bills, from access to Duke Energy
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Repair reserve sits at $28,450
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Rent and Carrying Fee
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Email from Mike about the Audit coming up.
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">WCHA asking for payment plans:
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Bog paymets status
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Carries payment plan (Made by Carrie) only one who has officially filled out
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Since submitted has paid for Feb and March and one month back rent. Had said that was going to pay 1,000 for Feb and 1,000 for March.  Says money has been earaned already but hasn’t been paid this yet.
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">No plan for Evan
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Template may have not been sent to either of them
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Darryl’s payment plan
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">doesn’t adress the back rent
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">March 25th payment back rent for january was not paid.
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">he paid April
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">said has had financial issues and that will send e-mail to the coop but has not done so.
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Everything from July is his.
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">We should start the eviction process.
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Send letter, the wait for response in 10 days
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Still need to get payment plans to Mike. Mike has info, but not adressing back rent. To explain why and what we are going to do about it, can effect our interst rates.  We are currently paying variable andit is now at 5.5%.  2 years ago we were quaoted a 7% fixed rate.
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Our loan up in 2014, bank will look into our internal audits. Auditor has expressed on how back rent situation will reflect, Cedar Rock and HRC come up in 2013.
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Banks have not been concerned on our ability to pay as our rent half goes towards mortgage.
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Get a roomate as an option to repay
 * <span style="font-size:15px;font-family:Arial;color:#000000;font-weight:normal;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;">Meeting resident selction