HOUSING AUTHORITY OF THE TOWN OF SOMERS
SHA, INC.
SOMERS HOUSING MANAGEMENT, INC.
Somers, CT 06071
1.
Call to Order
Chairman DuPerre called the regular meeting of the Somers
Housing Authority to order at 7:32 p.m. in the Woodcrest Community Room.
In Attendance
Commissioners: Brian
DuPerre, Mary Lou Hastings, Bob Landry
Executive Director: Tony Pellegrino
Ex Officio: Hon.
David Pinney
Others in Attendance:
Consultant James Welter, II, Real Estate Diagnostic, Inc., Attorney
Peter Blasini, Attorney Carl Landolina, Donna Doyker, Somers Sr. Advisory Board
and Joan Jaquith, Recording Secretary
2.
Minutes Approved
2.1 Bob Landry MOTIONED to
accept the minutes of the May 21, 2008 regular meeting of the Somers Housing
Authority as presented. Motion SECONDED
by Mary Lou Hastings. MOTION PASSED.
2.2 Bob Landry MOTIONED to
accept the minutes of the June 19, 2008 regular meeting of the Somers Housing
Authority as amended. Motion SECONDED by
Mary Lou Hastings. MOTION PASSED.
The June 19,
2008 minutes were amended to be the minutes of all three entities; Housing Authority of the Town of Somers, SHA, Inc.
and Somers Housing Management, Inc.
3.
Somers Senior Advisory Board
3.1
Courtyard/Fundraiser
Representing the Somers Senior Advisory Board, Donna Doyker notified the commissioners of the Advisory Board’s interest in raising funds for landscaping around the new building. Mrs. Doyker has been looking at Buy a Brick fundraising programs offered by several companies. The bricks are engraved and can be a memorial or a gift from the donor. Mrs. Doyker brought a sample of the type of bricks that would be sold and presented the pricing and profit margin from one of the companies she is considering.
The commissioners thanked Mrs. Doyker for her work
on this project and requested that she move forward immediately. Mrs. Doyker will continue to research
companies, including local companies, and determine which company will meet the
landscaping specifications. A schematic
of the area will be provided to Mrs. Doyker so she can determine what type of
design to go with and how many bricks will need to be sold to complete the
design. Mrs. Doyker will keep the
commissioners updated as the project moves forward.
It was the consensus of the commissioners to start
selling bricks as soon as possible so that they will be in place when the new
building is opened in October.
4. Other Fundraising Needed For:
4.1 Community Furniture/Accessories/Rockers, etc.
Tabled. Will
be discussed at the July 16, 2008 regular meeting.
5. Building/Tenant Rules and Regulations
Tabled. Will
be discussed at the July 16, 2008 regular meeting.
6. New Positions/Job Reclassifications
Tabled. Will
be discussed at the July 16, 2008 regular meeting.
7. SunAmerica Closing and Project Documentation
7.1 Signing all necessary
documents for the closing with SunAmerica
7.2 Signing all necessary
documents for the closing with Rockville Bank
Attorney Blasini and James Welter, II presented various documents requiring signatures by the commissioners for the scheduled June 26, 2008 closing with SunAmerica and Rockville Bank.
Lois Matczak was unable to attend this meeting because she is hospitalized. The documents requiring signatures of all the commissioners were taken to Mrs. Matczak at the hospital by Attorney Blasini following the meeting.
HOUSING AUTHORITY OF THE TOWN OF SOMERS (From June 19, 2008
Minutes)
1. RESOLUTION regarding loan to Woodcrest Elderly Housing Limited
Partnership of Small Cities Grant, Rockville Bank AHP Funds and funds from
Housing Authority of the Town of Somers and assignment and assumption of CHIF
bridge loan.
…BE IT
RESOLVED, that the Housing Authority is authorized to, and the executive director
and each officer of the Housing Authority acting by, in the name of, and on
behalf of the Housing Authority, is hereby individually authorized to enter
into a NON-AMORTIZING loan of the Soft Funds in the total amount of ONE MILLION
FOUR HUNDRED THIRTY THOUSAND FIVE HUNDRED FIFTY FOUR DOLLARS ($1,430,554,00)
for a term of FORTY (40) YEARS at a yearly interest of 1 percent (1%) and upon
such other terms as said executive director or officer of the Housing Authority
acting by, in the name of, and on behalf of the Housing Authority deems
necessary or desirable in order to accomplish the construction and
re-construction or rehabilitation of the housing on the Property, all of which
terms shall be incorporated into a firm commitment for funding to be issued as
soon as practicable to Woodcrest LP.
BE IT FURTHER
RESOLVED, that the Housing Authority hereby approves the assignment and
assumption of the CHIF Bridge Loan to Woodcrest LP and the Housing Authority is
authorized to, and the executive director and each officer of the Housing
Authority acting by, in the name of, and on behalf of the Housing Authority, is
hereby individually authorized, to enter into and execute an assignment and
assumption agreement between the Connecticut Housing Investment Fund, Inc, the
Housing Authority, and Woodcrest LP and any other documents deemed necessary or
desirable by said executive director or officer in order to accomplish the
assignment and assumption of the CHIF Loan to Woodcrest LP.
HOUSING AUTHORITY OF THE
TOWN OF SOMERS
2. RESOLUTION regarding increase in guaranty and modification of
mortgage obligations relating to modification of construction note and
construction mortgage from Woodcrest Elderly Limited Partnership to Rockville
Bank.
…BE IT
RESOLVED, that the Housing Authority is authorized to, and the executive
director and each officer of the Housing Authority acting by, in the name of,
and on behalf of the Housing Authority, is hereby individually authorized to
enter into a modification reflecting the increase of the Guaranty and Guaranty
Mortgage to Rockville Bank construction mortgage to increase the amount of the
guaranty mortgage from TWO MILLION DOLLARS ($2,000,000.00) to FOUR MILLION
SEVEN HUNDRED FIFTY THOUSAND DOLLARS ($4,750,000.00) or such other amount as
said executive director or officer deems necessary in order to accomplish the
construction and reconstruction or rehabilitation of the housing on the
Property,
NOW FURTHER BE
IT RESOLVED, that the Housing Authority is further authorized to, and the executive
director and each officer of the Housing Authority acting by, in the name of,
and on behalf of the Housing Authority, is hereby authorized to take such
additional action or execute such additional documents as they deem necessary
to facilitate the modifications contemplated herein.
SOMERS HOUSING MANAGEMENT, INC.
3. RESOLUTION regarding increase in modification of construction note
and construction mortgage by way of a modification of note and construction
mortgage.
…BE IT
RESOLVED, that SHM, Inc. is authorized to, and the President and each officer
of SHA, Inc. acting by, in the name of, and on behalf of the SHA, Inc., is
hereby individually authorized to enter into a modification of the Construction
Note and the Construction Mortgage to increase the amount of the Construction
Note and Construction Mortgage from TWO MILLION DOLLARS ($2,000,000.00) to FOUR
MILLION SEVEN HUNDRED FIFTY THOUSAND DOLLARS ($4,750,000.00) or to such other
amount as said President or officer acting by, in the name of and on behalf of
SHM, Inc. deems necessary in order to accomplish the construction and
re-construction or rehabilitation of the housing on the Property and to
approve, enter into, execute, and deliver such documents, instruments,
certificates, agreements, notes, mortgages, modifications, or guaranties that
are related to the modification of the Construction Note and Construction
Mortgage or as said President or officer acting by, in the name of and on
behalf of CHM, Inc. deems necessary or desirable in connection with the
construction of the Project.
SOMERS HOUSING AUTHORITY, INC.
4. RESOLUTION regarding increase in construction note and
construction mortgage by way of a modification of note and construction
mortgage.
…BE IT
RESOLVED, that SHA, Inc is authorized to, and the President and each officer of
SHA, Inc. acting by, in the name of, and on behalf of the SHA, Inc., is hereby
individually authorized to enter into a modification of the Construction Note
and the Construction Mortgage to increase the amount of the Construction Note
and Construction Mortgage from TWO MILLION DOLLARS ($2,000,000.00) to FOUR
MILLION SEVEN HUNDRED FIFTY THOUSAND DOLLARS ($4,750,000.00) or to such other
amount as said President or officer acting by, in the name of and on behalf of
SHA, Inc. deems necessary in order to accomplish the construction and
re-construction or rehabilitation of the housing on the Property and to
approve, enter into, execute, and deliver such documents, instruments,
certificates, agreements, notes, mortgages, modifications, or guaranties that
are related to the modification of the Construction Note and Construction
Mortgage or said President or officer acting by, in the name of and on behalf
of SHA, Inc. deems necessary or desirable in connection with the construction
of the Project.
5. RESOLVED: that the Housing Authority of the Town of
Somers is hereby committed to providing at least $330,554 in funds from its
reserves to support the Woodcrest Elderly Housing development, such funds to be
provided as a non-amortizing, non-interest-bearing loan from the Authority to
the Woodcrest Elderly Housing Limited Partnership for a term of 40 years.
Prior to
voting on the resolutions presented, Lois Matczak was contacted by telephone
and was put on speakerphone so that she could hear the presentation and
participate in the vote.
Mary Lou Hastings MOTIONED to accept the five
resolutions regarding funding sources for the Somers Housing Authority and the
two incorporations as presented. Lois
Matczak SECONDED the motion. MOTION
PASSED
A. Be it Resolved that the following resolutions
presented for approval and approved at the meeting of the Housing Authority of
the town of Somers, (the “Authority”) on June 19, 2008 are hereby approved and
adopted as the action of the Authority and all actions taken by the Authority,
its commissioners, or agents in furtherance of said resolutions and the
resolutions adopted on February 27, 2008 are hereby ratified as if said actions
were taken subsequent to the adoption of this resolution:
HOUSING AUTHORITY OF THE
TOWN OF SOMERS
1. RESOLUTION regarding loan to Woodcrest Elderly Housing Limited
Partnership of Small Cities Grant, Rockville Bank AHP Funds and funds from
Housing Authority of the Town of Somers and assignment and assumption of CHIF
bridge loan.
…BE IT RESOLVED, that the Housing Authority is authorized to, and the
executive director and each officer of the Housing Authority acting by, in the
name of, and on behalf of the Housing Authority, is hereby individually
authorized to enter into a NON-AMORTIZING loan of the Soft Funds in the total
amount of ONE MILLION FOUR HUNDRED THIRTY THOUSAND FIVE HUNDRED FIFTY FOUR
DOLLARS ($1,430,554,00) for a term of FORTY (40) YEARS at a yearly interest of
1 percent (1%) and upon such other terms as said executive director or officer
of the Housing Authority acting by, in the name of, and on behalf of the
Housing Authority deems necessary or desirable in order to accomplish the
construction and re-construction or rehabilitation of the housing on the
Property, all of which terms shall be incorporated into a firm commitment for
funding to be issued as soon as practicable to Woodcrest LP.
BE IT FURTHER
RESOLVED, that the Housing Authority hereby approves the assignment and
assumption of the CHIF Bridge Loan to Woodcrest LP and the Housing Authority is
authorized to, and the executive director and each officer of the Housing
Authority acting by, in the name of, and on behalf of the Housing Authority, is
hereby individually authorized, to enter into and execute an assignment and
assumption agreement between the Connecticut Housing Investment Fund, Inc, the
Housing Authority, and Woodcrest LP and any other documents deemed necessary or
desirable by said executive director or officer in order to accomplish the
assignment and assumption of the CHIF Loan to Woodcrest LP.
2. RESOLUTION regarding increase in guaranty and modification of
mortgage obligations relating to modification of construction note and
construction mortgage from Woodcrest Elderly Limited Partnership to Rockville
Bank.
…BE IT
RESOLVED, that the Housing Authority is authorized to, and the executive
director and each officer of the Housing Authority acting by, in the name of,
and on behalf of the Housing Authority, is hereby individually authorized to
enter into a modification reflecting the increase of the Guaranty and Guaranty
Mortgage to Rockville Bank construction mortgage to increase the amount of the
guaranty mortgage from TWO MILLION DOLLARS ($2,000,000.00) to FOUR MILLION
SEVEN HUNDRED FIFTY THOUSAND DOLLARS ($4,750,000.00) or such other amount as
said executive director or officer deems necessary in order to accomplish the
construction and reconstruction or rehabilitation of the housing on the
Property,
NOW FURTHER BE
IT RESOLVED, that the Housing Authority is further authorized to, and the
executive director and each officer of the Housing Authority acting by, in the
name of, and on behalf of the Housing Authority, is hereby authorized to take
such additional action or execute such additional documents as they deem
necessary to facilitate the modifications contemplated herein.
3. RESOLVED: that the Housing Authority of the Town of
Somers is hereby committed to providing at least $330,554 in funds from its
reserves to support the Woodcrest Elderly Housing development, such funds to be
provided as a non-amortizing, non-interest-bearing loan from the Authority to
the Woodcrest Elderly Housing Limited Partnership for a term of 40 years.
B. Be it Resolved that the following resolution of Somers
Housing Management, Inc. (“SHM, Inc.”) presented for approval and approved at
the meeting of SHM, Inc. on June 19, 2008 is hereby approved and adopted as the
action of SHM, Inc. and all actions taken by SHM, Inc., its officers, or agents
in furtherance of said resolution are hereby ratified as if said actions were
taken subsequent to the adoption of this Resolution:
SOMERS HOUSING MANAGEMENT, INC.
1. RESOLUTION regarding increase in modification of construction note
and construction mortgage by way of a modification of note and construction
mortgage.
…BE IT RESOLVED, that SHM, Inc.
is authorized to, and the President and each officer of SHA, Inc. acting by, in
the name of, and on behalf of the SHA, Inc., is hereby individually authorized
to enter into a modification of the Construction Note and the Construction
Mortgage to increase the amount of the Construction Note and Construction
Mortgage from TWO MILLION DOLLARS ($2,000,000.00) to FOUR MILLION SEVEN HUNDRED
FIFTY THOUSAND DOLLARS ($4,750,000.00) or to such other amount as said
President or officer acting by, in the name of and on behalf of SHM, Inc. deems
necessary in order to accomplish the construction and re-construction or
rehabilitation of the housing on the Property and to approve, enter into,
execute, and deliver such documents, instruments, certificates, agreements, notes,
mortgages, modifications, or guaranties that are related to the modification of
the Construction Note and Construction Mortgage or as said President or officer
acting by, in the name of and on behalf of CHM, Inc. deems necessary or
desirable in connection with the construction of the Project.
C. Be it Resolved that the following resolution presented for
approval and approved at the meeting of the Somers Housing Authority, Inc.
(“SHA, Inc.”) on June 19, 2008 are hereby approved and adopted as the action of
SHA, Inc. and all actions taken by SHA, Inc., its officers, or agents in
furtherance of said resolution or the resolution adopted by SHA, Inc. on
February 27, 2008 are hereby ratified as if said actions were taken subsequent
to the adoption of this Resolution:
SOMERS HOUSING AUTHORITY, INC.
1. RESOLUTION regarding increase in construction note and
construction mortgage by way of a modification of note and construction
mortgage.
…BE IT RESOLVED, that SHA,
Inc is authorized to, and the President and each officer of SHA, Inc. acting
by, in the name of, and on behalf of the SHA, Inc., is hereby individually
authorized to enter into a modification of the Construction Note and the
Construction Mortgage to increase the amount of the Construction Note and Construction
Mortgage from TWO MILLION DOLLARS ($2,000,000.00) to FOUR MILLION SEVEN HUNDRED
FIFTY THOUSAND DOLLARS ($4,750,000.00) or to such other amount as said
President or officer acting by, in the name of and on behalf of SHA, Inc. deems
necessary in order to accomplish the construction and re-construction or
rehabilitation of the housing on the Property and to approve, enter into,
execute, and deliver such documents, instruments, certificates, agreements,
notes, mortgages, modifications, or guaranties that are related to the
modification of the Construction Note and Construction Mortgage or said
President or officer acting by, in the name of and on behalf of SHA, Inc. deems
necessary or desirable in connection with the construction of the Project.
Bob Landry MOTIONED to accept all three resolutions as presented. The motion was SECONDED by Mary Lou Hastings. MOTION PASSED
9. Other
Bob Landry MOTIONED to add Executive Session to the agenda. The motion was SECONDED by Mary Lou Hastings. MOTION PASSED
Bob Landry MOTIONED to move into Executive Session at 8:49 p.m. for the purpose of pending claims litigation - SHA vs. Gilbert Rivard. MOTION PASSED.
Attorney Carl Landolina and Hon. David Pinney were invited to attend Executive Session.
The commissioners came out of Executive Session at
9:26 p.m.
Mary Lou Hastings MOTIONED to adjourn the meeting
at 9:27 p.m. The motion was SECONDED by Bob Landry. MOTION PASSED
Respectfully Submitted,
Tony Pellegrino
Executive Director
Joan Jaquith
Recording Secretary
These
minutes are not official until approved at a subsequent meeting.