General Meeting 2500

MINUTES OF GENERAL MEETING 2500

The meeting began with a message of gratitude from Nat Voykin. Nat said that gratitude is a powerful force in the universe. She thanked the board of directors and expressed her gratitude for the peace in our valley, friendships we have, food on our tables and the love in our hearts.  Elmer followed with a welcome to the new faces in  our group and told how this project is being planned, funded, built by this group that will eventually live together. The group is made up of Castlegar folks but also some from Creston, Nelson, Kelowna and Victoria. A membership entitles you to vote and that tonight there will be a secret ballot. Elmer mentioned our website and the fact that new people at the meeting were there because of the information on www.grandviewhousing.ca

Moved – Bonnie Anderson/Seconded Janice Johnson—CARRIED.

Moved – Kay Gritchin/Seconded Harry Jukes - CARRIED.

It was moved by Dorothy that the financial report be accepted. Seconded by Shaun Crossley – CARRIED.

As of the end of the meeting, we had a total of 126 members – 4 new ones this evening.  

Reviewed at the time of ballot voting.

The PLR shows the road through the Ferraro property. This will create 10 new residential lots that will fund the land purchase.

A Care Committee survey has had a final draft. Kootenay Savings Credit Union and Heritage Credit Union have both generously offered to make 500 copies of the survey for information to the public hopefully showing the public’s interest in our project. Harry would like to have packages made up that can be distributed at sites in the city and other cities. The website has been updated to show the new questionaire/survey.

Fred Evanoff told the meeting that 5 contractors had shown interest in the project with three making a final bid. The Building Committee has been very active and progress is being made. Elmer spent a lot of time breaking down the bids into a housing proposal call and the Building Committee recommended two of the contractors.  It is hopeful that the Building Committee will meet with the contractors next week where they will sharpen their pencils and get some final agreement made. Fred would not give figures at this time, but said it is looking good.

Fred mentioned the huge cost of 14th Street and the option with the purchase of the Ferraro land and is hoping to see excavation in a month.

Patricia Clapp and Irene are on the Grants Committee with Patricia away taking a course in Creston for grant writing.

Bonnie gave a nice report from the Care Committee . They meet every week and their first task was to draft the survey that Harry spoke of earlier. A copy will be attached to the minutes on file.

The third pick will be physically put off until the land has been purchased and the PLR has been approved as there could be changes in bungalows, duplexes, townhouses etc.
1. Ed Chernoff
2. Jon Van Vleet

Elmer told how the first meeting was held back in October 2005.  We now have $3,000.000 after purchasing the land and obtaining loans from the members, the sale of residential lots and the trade of residential lots. Elmer expressed appreciation for the continued support. He reviewed the whole concept of the project with an explanation of why and how the purchase was made for the new land and how the 10 new lots will pay for the cost of the land.  

Fred Evanoff spoke about the funding of the project now that the new property has been acquired and what the additional funding could mean down the road if there is an unforseen problem.

Harry spoke on behalf of the directors. He admires the work of all the committees and the directors. He realized the  people involved in the project have integrity and expertise. The directors support the issues at hand and the voting that took place tonight.

Before the voting took place there was a question period. Pat Picton asked if the city had any concerns about us putting a road on the Ferraro property. Dan Sahlstrom told Elmer the city wants a new PLR because of the new lots but it should not be a problem with a road.

Bill Marks asked if the land is a cost on top of the home. Elmer said the cost could be about $200,000, but it is the hope that the two loans will be repaid and the total cost of your house would be about $140,000.  Fred Evanoff told the group that there is a model home in Waneta for viewing that is 1000 sq ft and it is being sold for $214.000.

Bill Voykin asked if we have to buy the city land at an additional loan from the members. Elmer said that it would be a new subdivision and would pay for itself. Elmer said access will be from Emerald Green.

A new member, Candice asked about designs of the project and was told that there is a design guide line in place.

Bill Plotnikoff asked if we can have access through the road we have currently been using and was told we can use it but we will have Emerald Green access also.

Voting done, showed 41 YES Votes AND 1 NO Vote and one with a 15,000.00 stipulation.

Elmer went over the cash flow forecast and expressed the need for more sales to fund the project without additional funding from the membership.

Voting done, showed 42 YES votes.

Voting done, showed 42 YES votes.

Irene and Katherine Markin will be on the Nomination Committee.

A committee of Harry Jukes, Dorothy, and Margaret formed to review Elmer’s diaries and spread sheets to account for his hours spent on the KCSHC project. their recommendations were presented to the directors and it was agreed that Elmer have an open-ended contract until the completion of the project with an annual review.  The Co-op will provide Elmer Verigin, consultant, with a residential lot in exchange for his total fees as diarized within the scope of this contract.  Dorothy moved that the membership approve the signing of the contract commencing February 1, 2007. Elmer has accepted the contract. Pat Picton seconded the motion. Bill Voykin thought there should be a clause to end Elmers’ contract. Dorothy said it is an open ended contract. Leonard Voykin thought the contract should be reviewed yearly. Dorothy mentioned a performance review yearly. Fred Evanoff told the membership that we should not confuse Elmer with a clerk of works. A clerk of works will be hired as soon as the contractor is assigned. Lawrence Tamelin said to leave it as it is. Dorothy said the directors will review each year.

The motion was carried.

Elmer offered to have anyone who is not fully aware of the project and would like to know more, come to his house any time for more information.

Meeting adjourned, moved by Janice Johnson and seconded by Shaun Crossley