DATE: October 24, 2016
TIME: 4 PM
LOCATION: Stern Village (Community Room), 200 Hedgehog Circle, Trumbull, CT 06611
- Call to Order
- Roll Call and Pledge of Allegiance
- Reading and Approval of Minutes for the regular September 26, 2016, Board Meeting
- Treasurer’s Report
- Executive Director’s Report
- Unfinished Business
Reading and Approval of Minutes for the Special Board Meeting held on September 6, 2016
- New Business
Discussion and motion for a Stratification Plan for incoming tenants.
- Resident Comments
Stern Village Residents (only) may speak for 3 minutes.
Addendum to Agenda– New Business
The purpose of the 2016 stratification plan is to increase the base rent for incoming or new tenants to the village. This will not affect, impact or apply to the current tenants living at Stern Village.
Base Rent: is the minimum fixed, periodic payment made by a tenant to the owner of the property. The base rent should cover THA expenses. Our expenses at Stern Village include but are not limited to maintenance, electricity, water, salaries, benefits, insurance, use of outside contractors and Charter cable.