MAMMOTH LAKES HOUSING, INC.
Board of Directors Meeting
Wednesday, May 24, 2006
Mammoth Lakes Housing, Inc. Office
587 Old Mammoth Rd. #5
(Ground Floor Sherwin Plaza 3)
The Board will convene at 550 Mono Street for the Meridian Court Open House
The open house was well received with a great turn out. MLH presented John Neubauer of Neubauer – Jennison Inc., the general contractor, and Rob Clark, Town Manager, on behalf of Town staff with a collage of Meridian Court photos as a token of their vital role in the completion of this special project. MLH staff provided tours to the interested attendees.
I. Call to Order
II. Roll Call
Members Present: Peter Denniston, Byng Hunt, Rob Clark, and Kirk Stapp
Members Absent: Mark Carney
Staff: Andrea Clark, Pam Hennarty, and Jennifer Halferty
III. Public Comments
IV. Approval of Minutes from the Meeting of December 5, 2005 and May 1, 2006
Minutes approved as presented. Passed 5-0 vote.
V. Review and Approval of Draft Organizational Management Policies and Procedures
Review and discussion of the proposed policies and procedures, followed by 5-0 adoption of proposed policies and procedures with suggested changes and further review at the July BOD meeting.
VI. Discussion and Action Regarding Use of FY 06/07 Housing TOT Funds
5-0 vote approving the use of set aside housing reserve TOT funds to fill-in gap for the purchase of property.
VII. Review and Discussion of Draft FY 06/07 Operating Budget
No action taken.
Next BOD meeting is scheduled for June 20th