Board of Directors Meeting

Monday, December 6, 2010
6:00 p.m.

Mammoth Lakes Housing Conference Room
587 Old Mammoth Rd.


I. Call to Order

II. Roll Call
Members: Bill Taylor, Byng Hunt, Kirk Stapp, Rick Wood, Rob Clark (joined the meeting at 6:35 pm), and Sandra Facincani
Members absent: Jim Smith

III. Public Comments
No comments

IV. Approval of Minutes from the November 1, 2010 BOD Meeting
Minutes approved as presented with motion made by Byng, Kirk second, three yes votes and two abstentions.

V. Review of First Quarter 2010-2011 Financial Statements
Board reviewed and discussed the financial statements. No action taken.

VI. Distribution of Fiscal Year 2009-2010 Audit
To be continued to January meeting.

VII. Review and Approval of Strategic Plan
Board made suggestions/corrections to “MLH History” section.

VIII. Discussion of Potential Ramifications of Hot Creek Litigation on 2002-A funds
The case is scheduled to go back to the appellate court for another hearing. This matter will be revisited by the MLH Board in three months.

IX. Board Member Reports
No Board member reports given.

X. Executive Director’s Report
a. General
 Pam will be attending the upcoming Planning Commission meeting this week. One of the items being discussed at the meeting is the Zoning Code amendments. Of which one is the Inclusionary Housing ordinance, section 17.63. Pam has been working with Ellen Clark of the Town’s planning department and has shared with her sample/example ordinance from our attorney’s office. The Board request to be kept up-to-date as this matter moves forward. (Rob Clark joined the meeting during this discussion.)
 The Town of Mammoth Lake has not been funded during the last two CDBG funding cycles due to a handful of missed points. These lost points come mostly from the poverty in the Town or lack-there-of according to the Census data. Historically the Town was able to secure CDBG funding by using a local, independent Housing Needs Assessment that demonstrated “worsened conditions.” Mammoth Lakes Housing staff proposes releasing a RFP for an updated Housing Needs Assessment. The State’s Housing and Community Development Department will not accept such data after 4 years from the time of the study. MLH Board supports such a project.

b. Aspen Village Sales Updates
 There have been more showing recently though no escrows have been opened.


XI. Pursuant to Government Code Section 24956.8, the Board will hold a closed session to discuss property negotiations- Multiple Properties

Kirk Stapp motioned to stop payment on Suite #4, Rick Wood second with all in favor.

XII. Adjourn