HomeMy WebLinkAbout07-20-2022 - Minutes241116 MINUTES OF MEETING OF THE BOARD OF DIRECTORS OF FOREST HILLS VILLAGE, INC.,
HELD JULY 20, 2022 Pursuant to written notice to each of the directors, the monthly meeting of the Board of Directors of Forest Hills Village, Inc., was held at 7:30 a.m. on July 20, 2022 at Little Castle Restaurant. The following directors were present: Brad Arterburn, Paul King, Bruce
Brockenborough, and Shirley Walker. Also present were Lori Knight, James Burgett, and Heath Caldwell. THE FOLLOWING BUSINESS WAS TRANSACTED:
ITEM I: Upon motion made by Mr. Brockenborough, seconded by Ms. Walker, and unanimously carried, the following motion was adopted: MOVED, that a formal reading of the minutes of the previous
meeting held on May 18, 2022, be dispensed with and those
minutes stand approved as written. ITEM II: The Chair conducted an executive review and gave a report as follows:
a. Mr. Arterburn reviewed the year-end operating report for the fiscal year
ending May 31, 2022. He pointed out that income for the year was $16,524.00 greater than budgeted and that annual expenses were $74,430.00 less than budgeted. b. He also noted that both income and expenses for June 2022 were within
the budget requirements.
c. Mr. Arterburn noted that occupancy and demand continues to be strong. ITEM III: The Staff Report was then presented by Ms. Knight and included the
following:
a. Forest Hills received 13 applications for rental units in June 2022, with 6 being approved, 2 being rejected, and 5 having no response.
b. Forest Hills had 120 active applicants on the waiting list in June 2022. The
breakdown of applicants is as follows: apartments-21, two-bedroom small-44, two-bedroom large-3, 3-bedroom small-24, 3-bedroom large-28. c. The occupancy rate for June 2022 was 98.15%.
ITEM IV: Maintenance performed in June consisted of 1 apartment, 4 water heaters, 1 furnace, repair work on 4 occupied units, and 135 maintenance requests.
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ITEM V: Ms. Knight introduced a written request submitted by Mr. Tony Ware, a
former Forest Hills resident and Louisville bank executive, to establish and hold a Forest Hills
Day to promote and bless the Forest Hills community. Ms. Knight talked with Mr. Ware and researched his background and employment. After some discussion, and upon motion by Mr. Brockenborough, seconded by Ms. Walker, and unanimously carried by all directors present, the following was adopted:
MOVED, that Forest Hills, in support of a “Forest Hills Day” as proposed by Mr. Ware agrees to aid and support its implementation by providing up to $5,000.00 in funding, and to assist in coordinating support by the City of Paducah (Mr.
Brockenborough agreed to talk to the mayor), Department of
Public Works, Paducah Power, and the Paducah Police Department. Ms. Knight is to coordinate this event with Mr. Ware with a mid-September 2022 date anticipated.
ITEM VI: Ms. Knight introduced a proposal for a four-day work week schedule for all of
Forest Hills’ operations and employees. It was agreed that a staggered schedule, covering Monday through Friday, would not work as well as a straight Monday through Thursday schedule for both the office and the maintenance shop. Upon motion by Mr. King, seconded by Mr. Brockenborough, and unanimously carried by all directors present, the following was adopted:
MOVED, that Forest Hills will adjust both its office and maintenance shop schedule to operate on a four-day work week. The daily schedule will be Monday through Thursday. The hourly schedule will be 7:00AM through 5:30PM, which includes a thirty
(30) minute unpaid lunch break, and two fifteen (15) minute paid
breaks. This schedule will go into effect on the pay period nearest September 1, 2022.
ITEM VII: There being no further business to come before the Board, the meeting
adjourned. __________________________________________
President
ATTEST:
__________________________________________
Secretary