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Riverton Community Housing |
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Riverton Community Housing |
Board of Directors Meeting Minutes
December 7, 1999
Meeting called to order at 5:50 PM.
Present: Gary Ellis, Val Aas, Steve Bradley, Chris Goodwin, Martha Hurr, Mike Mazzarella, Alex Volinsky, Peter Easterlund, May Prombutr (Chateau resident).
The Board was updated on the new property being purchased on the corner of 14th Avenue and 5th Street in Dinkytown.
Gary stated that the purchase agreement was drawn up and should be ready within a week. He said that the building is solid. The boiler is old, but works well.
Chris asked that if, due to its small size, it would be merged with another cooperative. It was decided not to merge it, but to run it as a smaller cooperative.
The Board discussed new property acquisitions.
The Board looked at a 182 unit building near Augsburg. The building has over 50% cooperatives currently in residence and.
The Heart of the Earth school on the west side of the Chateau's block will also be available. The Board expressed interest in the property as a development opportunity.
Gary informed the Board that the Gopher Motel may also be available soon.
Steve will meet with Harvey, his contact within the University, to pursue the possibility of joint development.
The Board heard the cooperative reports.
Marcy Park held their annual elections. Steve is no longer on the MP board. They are creating a meeting room in the laundry room of the 700 building.
The Chateau held their annual elections. Gary expressed concern that the entire Board is re-elected every year and that both cooperatives should consider two-year terms.
Martha recieved an email from a Chateau resident who had concerns and asked about Riverton oversight of the Chateau's operations. The Board indicated that they were not at all interested in overseeing the Chateau's business while Gary stated that such oversight would be illegal.
Martha updated the Board of the new member situation. One candidate is no longer interested while she will be meeting with another candidate.
Peter, Steve, Mike, Chris, and Alex will attend the MAP training session on January 11.
The Board retreat will be held on January 29. Martha will prepare a draft of the agenda for the January meeting.
VAL WANTS FEEDBACK ABOUT THE WEBSITE!
The Board reviewed the management agreement survey results. Chris will look into developing a presentation about Riverton for the cooperatives.
Gary and Val informed the Board that they will attend the NASCO managers conference in New Orleans.
The Board moved to a closed meeting.
--Minutes prepared by Peter Easterlund.