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HomeMy WebLinkAbout07-19-2023G31�C�C 0�/GD MINUTES OF MEETING APR 1 2 2024 OF THE BOARD OF DIRI::CTORS OF FOREST HILLS VILLAGE, INC.. CITY CLERK HELD JULY 19. 2023 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 19, 2023 at Little Castle Restaurant. The following directors were present: Brad Arterburn, Shirley Walker, Paul King, and Bruce Brockenborough. Also present were Lori Knight and James Burgett. THE FOLLOWING BUSINESS WAS TRANSACTED: ITEM I: Upon motion made by Mr. Brockenborough, seconded by Mr. Arterburn, and unanimously carried, the following motion was adopted: MOVED, that a formal reading of the minutes of the previous meeting held on May 15, 2023, be dispensed with and those minutes stand approved as written. ITEM II: The directors conducted a review of the June 2023 Operating Report. "The Chair noted that the first month of the fiscal year was well within budget for both income and expenses. Mr. Burgett noted that several major tools had been purchased in the month of June 2023. ITEM III: The Staff Report was then presented by Ms. Knight and included the following: a. Forest Hills received 6 applications for rental units in June 2023, with 1 being approved, I being rejected, and 4 having no response. b. Forest Hills has 110 active applicants on the waiting list in June 2023. The breakdown of applicants is as follows: apartments -17; two-bedroom small -30, two bedroom large -2, 3 -bedroom small -26, 3 -bedroom large -35. C. The occupancy rate for October 2022 was 97.98%. ITEM IV: Mr. Burgett gave the following maintenance report. Maintenance performed in June consisted of 0 houses and 2 apartments. Also, I water heater and 1 set of kitchen cabinets were done. 142 maintenance requests for tenants were completed. ITEM V: The Chair reported that Bruce Brockenborough and Melissa Yates have been reappointed to the Forest Hills Board by the Paducah City Commission, both of their foto--year terns to expire on June 27, 2023. ITEM Vis The Chair asked the staff to tool: into Awls to improve the appearance in an area near the maintenance shop where bulk and waste materials are stored. The staff_s to Present recommendations at the August 2023 Board Meeting. ITEM V! I: UIs. Knight requested that the Board consider an addition to Forest Hills' pet Policy. After some discussion and upon motion rade by Avis. Walker, seconded by N'Tr. Brockenborough, and unanimously carried, the following motion was adopted: MOVED, new tenants will pay an up -front, non-refundable, $300.00 lee per pet. A maximum, of two (2) pets per dwelling wilt be aho`..'ed. A'30.00 per ioiitti f e, per pet, `11ill l e added to the n nnthly rent_ T'xisting pet-nUmipg tenants in Rood standing will not be charged the $300.00 up -front fee, but the $30.00 per month free, per pet, will be ;added to the monthly rem. Other avicting pet policies remain in place. ITEM Vtil: There being no further business to come before the Board, the meeting adjourned. Fres%pent