KOOTENAY COLUMBIA SENIORS HOUSING COOPERATIVE

 

AGENDA FOR GENERAL MEETING 4500

Date: Sunday, August 17, 2008
Time: 07:00 P.M
Location: Carpenters Hall, 2320 Columbia Avenue Castlegar, B.C.
Attendance: All members of KCSHC and the public

 

Agenda: (Proposed)

 

4501: Call to order

 

 

4502: Inspirational Moment

 

 

4503: Approve Agenda Meeting 4500

 

 

4504: Approve Minutes Meeting 4400 as distributed

 

 

4505: Treasurers Report

 

 

4506: Project Managers Comments

 

 

4507: Ground Floor Life Leases Construction status

  1. CoW, Cyril Sookachoff is invited to do this
  2. Discussion as required

 

 

4508: Mission and Vision Statements suggestion from Care Committee:

  1. Bev and Dorothy to get a consensus on the revisions suggested at Meeting 4300
  2. Presentation of revised Statements (Dorothy, can you do this ?)
  3. Approval

 

 

4509: 16th Avenue South Status

  1. KCSHC Letter of Credit posted with City of Castlegar, August 11, 2008 from membership.
  2. Financing is by Loans to members at 5% interest using Lot 52 (future Grandview Manor site) as security
  3. RoW surveyed
  4. Marwest Industries Ltd has Contract
  5. WSAE revised original design
  6. Grade in 1 ½ months
  7. Will be access in 2008 with no asphalt as approved by Approving Officer for Occupancy of GFLLs and Residential Lots
  8. Utility Servicing corridor for Fortis BC, etc.

 

 

4510: Landscaping Committee Report – Betty Ann Mullen

  1. Recommendation to membership of proposal recommendation from Building Committee / Directors
  2. BettyAnn, we need about 50 copies that should be available at registration table (please advise if you can arrange ?)
  3. Preparation of Tender Documents

 

 

4511: GFLL Life Lease and related documents Report (Elmer) status from Lawyer JO’F

  1. Disclosure Statement / Rules document
  2. Life Lease document

 

 

4512: Care Committee (Bev Onischak)

  1. Preliminary “Block Design” selected for more detailed design by Fairbank Architects
  2. May affect Triplex T1 through T3 inclusive deletions for better public access to “Core” facility. Suggestion at this point
  3. Public Meeting of those who have already applied
  4. Proposed unveiling to Public at Promotional Day September 27 or 28, 2008.

 

 

4513: Directors issues

  1. Announcement of new Interim Chair

 

 

4514: Promotions Commmittee (Harry Jukes)

  1. Status of Promotions
  2. Proposed appeal for assistance (from the public) for a Promotional Marketing Program
  3. Proposed Promotions Day, September 27 and 28, 2008
  4. Need volunteer help

 

 

4515: Building Committee Report (Alec Bojey)

  1. Revisions to GFLL house plans to be part of Life Lease document under preparation

 

 

4516: Financing status

  1. $2 million 1st mortgage placement on the remaining 22 unsold residential lots
  2. $1.3 million 1st mortgage placement on Lot 59 (remainder of undeveloped 20 acre parcel)
  3. Placement of both by HCU as soon as subdivision is registered
  4. Strong objective to market and sell to control interest payments

 

 

4517: Subdivision Registration

  1. All documents deposited with JO’F at Kamloops August 12, 2008.
    • Easement document outstanding from Fortis BC being expedited
    • Expected time frame 10 days
    • Sales and transfers right after to Residential Lot Purchasers
  2. Temporary Restrictive Covenants on Title
    • Affects all Occupancy Permits
    • Subject to acceptable access (6th Avenue South)
    • Subject to water loop installation through Emerald Green
    • Subject to “Booster Pump” installation

 

 

4518: Adjourn