 Let's go ahead, and does an LHG need to start on the pledge? No. All right. All right. Let's go ahead, and I'll call the LHG, just for what? A board? The LHG board? A board of commissioners to order. And welcome, everybody. Let's go ahead and start with the roll call. Do you have a secretary? Okay. So... If not, we can just go ahead and say our names. Yeah, do we have... So, Brian Backley? Here. Holly Christiansen? Here. Susie Dacquell-Carrie? Here. Marcia Martin? Here. John Peck? Here. Aaron Rodriguez? Here. And Tom Waters? Here. And then, staff? Do we have Harold Dominguez? Here. Kathy Bedler? Here. Karen Rooney? Mm-hmm. Molly O'Donnell? Here. And then, Kendra Daniels? Here. And Lisa... Is that it? Yeah. Sorry. All right. Great. So, let's go ahead and just turn the time over to our executive director. And then if you have a presentation or if you want to, whatever it is we're going to talk about tonight, why don't you walk us through it. Okay. All right. I think you need to... First thing is we need a review and an approval of the July period. I don't have a copy of the agenda. I don't have a computer. That's all right. It's not a good deal. Just tell me. So, I'll just work it through. All right. Review and approval of July 13, 2021, and August 24, 2021 minutes. Thank you. We have a motion to approve the two minutes. So moved. All right. Does anyone object to both of them at the same time? Theoretically out of order, but we both are on the same time. All right. Who moved? All right. We have a motion on the floor to move by Councilman Redado Bering, seconded by Mayor, by Paulie Christensen to approve the July 13th and August 24th minutes. All in favor say aye. Aye. Opposed say nay. All right. Motion carries unanimously. Let's go ahead and... Do we have any public here who want to talk? Staff. Your public. Do you want to talk? Harold? Do you need anybody? Kim. No. All right. We'll go ahead and close public. You might have heard. All right. We have a motion on the floor to move by Councilman Redado Bering, seconded by Mayor and we'll go ahead and close public. You might have heard. Let's go on with new business. Harold, do you want to tell us what each of these are? Yeah, we'll call them. First item is Resolution LHA 2021-06. Resolution to approve submission of application to CDBG program to complete security measures at the suite's apartments. Do you want to give a quick overview of that one? Yeah. So as part of a crime prevention through environmental design or septum survey that our crime-free multi-housing program conducted at the suite, they determined that there are trees and shrubs that had grown up and were covering windows and doors and blocking security lighting, et cetera. So they recommended that those things be trimmed up. And we did get several quotes for that in researching because of budgetary concerns. Researching CDBG, it is CDBG eligible. So we asked the LHA to submit an application and are recommending that for funding, which you'll be getting seeing that on the City Council agenda on the 26th. It should be coming to you. But this is to, kind of after the fact to approve the submission, we should have gotten approval before it's approved. Approving submission of the application and then authorizing acceptance of the grant and authorizing the Executive Director to sign the agreements and all the approval. Can I give a motion for approval of Resolution 2021-6? Second. I've been moved by Dr. Waters, seconded by Council Member Mark, actually, by a Board Member. Commissioner Mark. The first names to that. But anyway, anybody want to offer debate? No? All right, all in favor of Resolution LHA 2021-6? Say aye. Aye. All those say nay. All right, the resolution carries unanimously. Let's go on to 5B Resolution LHA 2021-7. Carol? Karen, do you want to go with this one? Yes, you bet. So this is, so we're asking the LHA Board of Commissioners to approve this agreement between the LHA and the City of Longmont to administer what we're calling the locally funded voucher program. So as Council may recall, this is a recommendation that came from our homeless solutions for Boulder County Housing Exits Team where we were identifying a lot of different ways to get to 250 additional units that we were making available for folks that are about exiting homelessness and to move folks into stable permanent housing. One of those strategies was for the local governments to contribute what we call locally funding, contribute money so that we could have, we could basically ask the LHA to operate a locally funded voucher program similar to how they operate the tenant-based voucher program through HUD. We identified and set aside $215,000, that was a set aside from the Human Service Agency funds to fund this because this would be an ongoing expense. And we are looking at housing around, again, 12 households in a combination of the leases at the Briarwood Apartments. We could have up to seven units at the Briarwood Apartments that we could fund through these dollars and the rest of the funding would be through working with private landlords to pay them for, again, for units for the, again, for up to 12 individuals. So this is the IGA that outlines all of that and and then if the commissioners adopts this tonight, then we will bring this back for the city council to adopt next Tuesday October 12th. Do we have a motion? Do we approve? Yeah, so we have a question? Yeah. All right. Commissioner? Does this include everyone, not just families but also single men? It's basically adults. So it's single adults, either individuals or couples, but it does not. It's not for families. So again, this is for adults who are involved in the homeless solutions. This is not family housing. I would move. Resolution 20-20-1-0-7. Okay. A second? No. A second. All right. Resolution 20-20-1-0-7 is moved by commissioner Christensen. Seconded by commissioner Peck. Anybody want to say anything? No. All right. All in favor say aye. Aye. Opposed say nay. All right. Can I ask a question? Both have been taken. I wouldn't change my vote. Perfect. Let's go ahead. Yeah. So the motion carries unanimously. What does this bring us to in terms of vouchers? This is added to the LHA portfolio of vouchers, right? These 12 units? Yeah, but we're not mixing them. What's the total number we... So the number that we are... Well, there's how many we have and there's how many we authorize. So we have, what, 400... We're supposed to... 402. Oh. Yeah. We're about 402 right now. So this thing is the 404 key. Yeah. So part of that... So Kendra and I have kind of worked on this. So I think technically we're authorized up to 508 vouchers. But... You don't get X in the number of vouchers. And so we think that... We think based on what HUD rules are in terms of the money you hold, unless it's changed, it's kind of landed on around 420. 420 is being fully funded in vouchers. Just because of the amount of money you have to hold in order to have that cushioning case where it's go up. So if that puts it in, respect me. Thanks. All right. This was the Civil One Resolution LHA-24108. It's a proof of the write-off. Ask for the metals neighborhood. If I can just... I need to explain this one a little bit because we had a resident who was wrongfully terminated by the prior administration in the HCB program. And during that, they were wrongly charged for the tenant for full rent at one of their managed properties. We can't reinstate the voucher retroactively and collect the rent from HUD. And so since this was an LHA error, it was determined and what they were incorrectly charged. And we need to write that off on our books. All right. Any questions? All right. So we want to make a motion for LHA-2021-08. All right. Just moved by Councilmember... Sorry, Commissioner Peck, seconded by Commissioner Waters. Seeing no debate. All in favor of resolution LHA-2021-08. Say hi. Hi. Opposed in May. All right. LHA-2021-08. That resolution passes unanimously. Go on to Old Business. I guess six days review and discuss goals from the retreat. You mean for the retreat? Or... So my question is, is that discussion better made in three weeks? Meaning I'm gone, she's gone. Erin could be gone. You're going to have potentially one of the two current commissioners as the chair and the mayor. I mean, we can talk about goals, but we, I mean, the three of us might be completely in alignment with them and might change. Are you doing your stuff here? No, this is the housing authority goals from the retreat that we have. So presumably, it would be better from a decision-making capacity to do that. But I for one would like, if you see a brief report from the city, I hope you'll be worried working on what's buildable or approaches for these six properties we're looking at. I'd love to know and not have to wait for those ones. That's fine. So I'm just saying, you're going to hear the same information again. Yep. And I don't know about anybody else, but I'm not going to be here. Five minutes. Sure, we have five minutes. I'll give you five minutes. Let's stop five minutes. Give the presentation for five minutes. Five minutes? Done. Deal. So this is really, so a couple things. So hopefully you had a chance to review it in your packet. So what we did bring together in our intent tonight was to indicate, here are the goal areas that we developed based on the conversation that we had at the July retreat. We have had the conversation with the Longmont Housing Authority Advisory Board. They've given us an input. These are not ready for prime time. So, but what we did want to just get input from the council about are we headed in the right direction based on the conversation we had in July and that indeed we would bring back, we would refine these and bring these back with metrics. Because we realized Commissioner Waters probably just passed your your task for what is a, what's a good goal and what are metrics. So, so we wanted to get the, really get the input about is this is capture what you recall and what you think we need to be focusing on and then we were going to refine this and bring it back for adoption by the Board of Commissioners. The new Board of Commissioners. So, so if there are, if there is direction that you could provide us tonight or any comments that would be helpful in our requirement, that would be fabulous. And if there are questions that Harold wants to just take to talk about some of the property development because that is one of the goals as you see in here in terms of rental housing development. So, if you want to comment on that, that'd be great. So, obviously on the six properties, Chrisman was the first one in because we were already working on that and that's going to be roughly 98 units. Keep forgetting that number. 83. 83? 83 to 49. That are 100% are both 50% affordable. The other, the remaining units, we did a mixed income component on that. So, those would be 78% AMI. You all approved that. We're still working through some of the issues on that one because obviously the construction costs today, the gap has gotten larger and so we're trying to work to figure out how we can close that gap and finish the financing. Some of that's going to be dependent. We talked to the partner we're working on with this MGL. They had some good conversations with the banks and so they're reworking the performance for us to actually see what that's going to be. The other project that's in the hopper, Sunset Heights, that element at the Swedes, they put in for tax credits last time they didn't get the tax credits. We're going to be putting in again in February and hopefully we get those tax credits to finish that project. The next area that we need to look at is the hopper LHA property that we own on hopper adjacent to the lodge in the Harstone and that's the one that we talked to you all about being primarily family housing. Another one, and this is probably going to be a joint project as we look at this. It's going to be somewhat dependent on the Costco project and the work with the nine acres there and how we can create and obviously this came out of the trip that we made to Pueblo where we looked at the IndieDwell and doing some kind of combination of an IndieDwell type thing or an IndieDwell and a Fading West so you have a mixed income neighborhood there really focusing on family issues and those are the four that are at the top of my list in terms of what we're seeing because we know we have available land. I think we're going to need to search for some partnerships for the remaining two projects. I am kind of looking at how we can do something in person name in the partnership there with the transit station and so this is going to tell the ARPA. So what you hear me talking about now think ARPA in terms of how we're looking at some of the funding components in this and so that first and main piece is on my mind as well so then really how do we look for potentially another partner and so that's kind of where we are and what we're looking at. The other question that I had was the needs assessment the demand assessment. Do we have a plan for carrying that out again? Is that going on? What's the status of that? So I know that Molly, Kathy, Erin and Glenn there is a grant from DOLA so DOLA has a couple of grants right now one of the grants is actually planning grant to go into a needs assessment but also really look at what the status of housing is in the entire community seen in different sectors within the community and so Erin briefed me today she's meeting with Molly and others on Friday. The biggest question I had on that is do we have staff to pass because that's going to be a big component of this I think this is one of those because the timing and when it hit the grants do Monday so I have to send the letter to the council for approval but it really is getting it what's the need, what's available what are the different gaps in the community and that is ARPA funds from the state DOLA. So if the grant is not coming does it mean we won't do it and we will just be doing it by the sea of our pans or does it mean we won't do it? We'll need to figure out a way if you're right we'll need to I mean we have the other studies that we've done that really look at different segments of the housing of housing across our community and this will update it and really take that to update it where we go and do I miss anything now? The ELTS Martian Anybody else have anything else regarding that? What's the most helpful feedback or input to you in terms of where you want to go with refining these or narrowing these and then turning into actual goal statements? So I guess what I would say is that the proposed goals that we have in this document here is what we're planning to move forward with and refine unless you have other thoughts or you say you need to do you need to consider these additional goals or maybe scale it back but this is really what we pulled out of the discussion and and they did have a conversation with the advisory board that they thought and they gave us some input we talked about a couple of times and so generally speaking are these the right goal areas, the right amount and then we will come back with some refinements and some metrics around so that's what we're looking for are we on the right path or stop and pass well that may be for a council meeting in November or for an LAJ board meeting in November but those are the right questions I just wanted to make sure that sounds like you're on the right path it really does I'm pretty excited about the different types of housing that you're looking at and different types of people, families and people so we're doing a better job I think of reaching the needs of the community with LAJ I would like to bring up something although I don't want to bring up anything that's actually new because as we said I will be gone but when we forgot that LAJ also did support the home garden upon Main Street in buying a co-op and now I've heard that there's some trouble with that and I also and I don't know if that's true that they're having trouble with struggle but I do think that the bubble home community that we helped is out of your sails are working the clock you haven't heard this for oh okay I'm just saying because mobile home parks are the largest and subsidized housing in the country that's not really in the third view of LAJ but perhaps we should think about how it's being because I think that there was a mobile home park that tried to buy an owner which was part of a new state-wide initiative saying that they might do that and you know if there's something we can do to be more supportive of mobile home parks without it being out of the third view of LAJ where's the Wii in this game oh I'm telling that but I don't know if that is in any shape no I don't know just to that question the only thing I heard about that mobile home park is there were some rumors about this man came from Susie about eminent domain oh yeah yeah but it was the same individual that we were having that we were counting there's nothing there that's the only thing I've heard from there but I haven't heard anything about it it's not working is that the same mobile home park this will help step back alone okay alright now let's go ahead then what pile up changes will review those changes yeah so this is the commissioners provided some direction to staff at your last meeting that we should change the bylaws that the mayor Potem would automatically serve as the vice chair of the board of commissioners so based on that direction those are the changes that we included in the bylaws and we will just need a formal adoption of those I would move to review the bylaw changes alright we'll do this one more alright commissioner chairman Bagley made the motion commissioner Martin seconded the motion on favor c.i. both say name alright the bylaw changes are approved unanimously Harold your comments regarding vacancy finances and property please yeah so Kendra will jump in on vacancy age receivables, financials and leaseable jumping on property reports I think one of the things operationally that we're dealing with that I didn't want to talk about in this case no is there a time when we're having issues with individuals and individuals that are disrupting the entire living environment and so we are having to go through the processes that we're allowed to go through in order to deal with the situation so I can't get into the specifics in this environment but know that there are a few that you may get contacted on but it really is about the behavior issues and the behaviors that are disrupting the living environment for everyone else and so we're going through the process that we need to go through to reconcile or to manage the situation for those of you that were part of the authority prior to the city taking it over many of the same we're dealing with many of the same individuals the reason I'm bringing that up to you is because I think what we found in the SLEEPS was a great example of this when we talked to Sarah and when we get the reports for calls for service and things like that but the reports are drastically different than what they were six months ago and it really took us coming in and building accountability into the system and really setting the expectations for what it's like and what you need to do to live in a multi-family housing project and how you need to live with other people and what we're finding is we're going to do the same thing in other areas because if not I think we will end up going down the same path that where the SLEEPS went down and so we are taking pretty firm stance on behaviors and what our expectations are in the facilities that we rent because at the end of the day we want people to live in an environment where they can feel safe they can enjoy the environment that they're in and it's not disruptive and obviously there's many more components to this but we are going to have to deal with some issues tangentially connected to that we've had two units that have tested positive for math one of those we got a bid back for the remediation Karen just gave me the number $80,000 and we know we have another one Marsha you're hanging out with LHA again so when we talk so when we talk about accountability and these other things we know we need to get with Sarah very quickly and figure out what we can do it's hard with math I know Commissioner Christensen and Commissioner Waters when they were in the throes of this during the transition it's a significant issue and so that's where the accountability has to come in so we can manage the properties because when we look at that we get roughly what 50% of the remediation kindred or 75% from insurance I mean as far as I know we get everything that deducts from $5,000 I just saw some words it's a significant cost for us and it's a time issue now too so the double hit is now you have to remediate now you have the increased cost and based on where the supply chains are in the system it takes forever to get those opened up and then you're losing rent and so then it's a revenue hit for us to perform and so we're going to circle back up and see what we're going to do I know Sarah Arne was working with the scene there's a company out of South Africa or Australia that'll give them New Zealand New Zealand that's actually creating a method detector and then we're testing it and so we don't know if it's real or not but we're going to have to start tracking this stuff now because it's too disruptive and it's too expensive and we've been fortunate that in the cases that we've had to deal with that they haven't had a shared HVAC system if you have it where you have a shared HVAC system then you're now dealing with multiple units and so that's something that we're getting into again and again once we once we dig into it we're going to hold individuals accountable for our behaviors and what we're dealing with so and we need to continue down that road which property are the two we have one of the Swedes and one of them asks them about a neighborhood are they I don't know much about them but are they actually putting the stuff in there now it's smoking so most of them are smoking when you get the higher test results they tend to smoke you if they're shooting it up you don't tend to get the higher results but those that shoot up tend to be further down the road in terms of their addiction to those that are smoking but it really isn't smoking when we had to do an eviction we went into the bathroom and there were met pipes all over the bathroom and but fortunately for there at that location it didn't test hot so it must have been either outside or doing minimal or with the window open or some things like that then it's a big issue because of the collection of pipes so it was a partnership and you gifted the people from them yeah well I don't know if we addicted to the the Swedes' addiction after those neighborhood we ended up doing a mutual rescission and they may eat it where did they go on the street yeah or they go to another apartment complex or you know it's dependent on the individual and you know honestly the one that asked the metals was a much larger issue those were individual units and they were causing problems for the entire property and we did have significant criminal issues that we were dealing with there too and so I heard somebody talking about cameras and what we do there's a reason we have to do this because it really is about accountability and locations and it's not just there I mean the other day I think I told some of you it was either Kat or Lisa said we have a pool of marijuana plant out at the community garden at Fall River and because these are federally funded they're drug free and so you don't have the tolerance in there and it's just I definitely see the challenges that operationally they were dealing with and I think we're lucky that we actually have the team in place because we're able to put the resources in and really dig in and we'll see it pretty quickly in this but we talked about it we probably got to get more aggressive otherwise you know this really the method issue is what created the financial issue for the sweets that really kind of set their financials off because they had so many units that were vacant and they had money and security and it just started and you can't let it get to that point we had a family unit a three bedroom as I recall was a three bedroom unit at the Aspen and Madison neighborhood I hope this isn't the same unit it's not the same one is it you know it is a three bedroom house it's a three bedroom house I mean that way they had to go to the studs that one's not as bad though I don't think it doesn't it's higher than the sweets I know that it was confined to just a couple rooms as opposed to taking the entire apartment down to studs which is what we have to do for the other one I know we have quite a few rooms that are higher numbers but at Aspen some method that we have been talking about for years maybe there was one in New Zealand if not what's the strategy it's base accountability it's understanding what I mean and this is where we've got a really good set of property managers and that's really the key in the work that Lisa's doing with the property manager and it's really being intuitive in terms of what's happening in the community when you get a sense of what's happening in the community you start looking into it and it's about posting 48 hour notices for inspections not repeating what happened of the sweets but we can post 48 hour notices for inspections if necessary it's really working with public safety and following up on what we're seeing in terms of reports coming in and utilizing public safety as a resource if needed and it's just paying attention and dealing with it when you see it and dealing with it quickly because you're right there's just so much you can do but it's when you you can tend to see and the residents are talking to our community managers now and that's probably the most significant difference today versus when we came in we're getting a lot of communication from the residents and it's taking that communication and then acting because if you don't do that it'll get out from under us and hurt I don't know if people over here disagree but you know those are the challenges right now because there are wraparound services whether you do, do you can do and there's probably a question for Hugh G search people or make them turn into things at the your training so I think I mean yeah I think so to the commissioner's questions is that we don't have the magic answer yet but we know that we need to as Harold mentioned that we really need to amp up when things do come to our attention how do we take appropriate action legal action and so that we can really get on top of it we don't have the answer yet we just know that we really need to we really need to to be more I guess aggressive when we notice when there are signs of behaviors that come to our attention we really need to act on that quickly and legally of course so that's why we say can't you search it I mean they have a rise to the property and that's why under fair housing laws you have to issue a 48 hour notice and you have to go through those processes and so it's a little bit different in that world so yeah it's a tougher path but you have to do it and we've done it successfully when we needed to do it it just takes time and effort in that process and focus yeah and focus and I think the thing it comes across very harsh in what we're saying and I think it comes across as uncaring and we use what other things term it compassion and compliance but there's a point where it has to come to the end when you're dealing with multi family resident with many other tenants you know it's not easy going in when you're doing an eviction and you're literally removing somebody's stuff and I think most of us have participated in dueling it but it's what you have to do for the entire residential unit and otherwise we will end up back in the position you're in the other tenants need to feel secure and that you're going to protest them as well and that not let the other influences override so I did that um I'll be coming back call us an answer you had mentioned a couple of months ago about needing more case managers etc in the suites or it would be nice to have or house mental health partners working for you so two questions we did hire the joint case manager for the suites that's actually with senior services um to the other question I'm trying to think how to answer it I will answer it so I think oh no so we did hire her name is Melinda Cercio she is she's spending part time at the suites and part time at the lodge and so we have continued to strengthen our relationship with the case manager for mental health partners that isn't the suites so we have regular weekly meetings we have monthly meetings Melinda is going to be on site at the same time that case manager is on site so we are really working really building that relationship so that we can really provide support and that's needed for the best for the best good and it's also needed for you to be able to have somebody there that's picking up that side of the load so good yeah she's been here it takes two weeks to reach and this is making huge difference well Michelle and Brandy all of the senior services and the partnership with the property managers I think operationally that's a big change too and that the partnership with those folks and Lisa the property manager and then also the partnership with the maintenance folks and so there's really now a true team that's kind of working and you're seeing the results of that and that's credit to these folks over here all those folks back there Harold in terms of the budget in occupancy rates for the last few years at least as long as I've been involved we targeted a 97% occupancy rate to make the financials work and I see it for the last four months that a month before we made 97% is that the same number we used going into this year I think we did 90% we based it off a three year average of what was happening on the vacancy rates for this for 2021 I do believe in 2022 we are looking at 98 or 96% 96% what was the three year average it was different for every property so I didn't do really a percentage just through each property to get what the three year average was it's part of the vacancies and that's what we took but I can definitely get you that information it would be helpful to see that whatever that number was compared to the actuals so we know where we're we have some idea I think the difference was we based the number on actual performance versus theoretical performance is really helped us financially that was probably the biggest shift so we could just yeah we'll add that any other operations that Kendra and Lisa I think they have age receivables vacancy and financial reports and then Lisa will do the quick property update well the first report provided was the availability report so as to mention we are currently at 96% occupied from August since this report we've had actually two of our long term rentals been occupied we had one rental that's been vacant for a year over at Aspen Meadows and that was occupied last week and then what at this week that's been vacant probably it was occupied last week as well I'm really pushing the team right now to get those units turned and get these moved in so we can end the year and hoping for a 98 by the end of the year so the Aspen Meadows apartment was held because of the was it partially held because of the renovation is why it was so long well the one was the eviction it was like a skip eviction and then we can get the furniture out because of COVID and Habitat and we can get a dumpster so it took a lot longer to get that one turned but that one is now occupied so just in terms of wait lists because I see we're going we're going to check in on these lists and keep them updated what kind of wait lists do we have right now just generally the Hearthstone Lodge which just closed last week we got 33 new applicants on the wait list which will help us build those so you can see the PVV had over 100 I think so that's going to help for Fall River Aspen Meadows neighborhood yeah it's good still a lot of people on a related note I received a couple of phone calls today from someone saying that they are a dire two disabled people who got their grandkids the name the voucher and passed that one to you I don't know I don't know what to tell them anything else from staff so to give you a little background on the financial reports the first report is the aging summary what we did find out when we came on board is that a lot of the tenants accounts are incorrect postings were wrong when it was rent was posted wrong rent was applied wrong we found rents for tenants on the wrong tenants as they begin to move out so we are looking at every tenant record as we go along so we started this process with the advisory board to show the progress we're making on the receivable report you'll see what's called half subsidy systems what that is is we've received money that we never charged rent for so we probably could owe HUD back but what we're finding is what was happening is they were posting rent incorrectly on the tenant ledgers but they weren't correcting what should have happened on the flat ledger so we're getting those fixed as you can see within this one we went from 23,000 to 16,000 with just some corrections that we had to make within this last month that we're working on you also see prepayments which is really kind of a little odd for low income families to have all these prepayments what's happening there is they were applying prepayments to the tenant side so we have so many anomalies going on but we have to look at every single tenant record and go back almost three years to find out when the anomaly happened and the problem with that is accounting wasn't involved they pushed it down to the property managers that didn't have any processes in place to to review and make sure that things were being applied correctly collections were being done you're probably going to see within the next couple months we may have to write off a lot because there are a lot of past tenants that have balances on their account that we never followed that policy we never did collections and that type of thing so we'll have to we're looking at those one by one to see exactly if we need to write them off or if it was posted incorrectly and what adjustments we need to make so that kind of getting this but it is a lot of record that is very slow going I mean each record can take almost up to two hours just trying to review because we have to review it then we have to reach out to the property managers to get the certification letters what certification letters we have to show us what the actual event should have been so that we have source documentation for when we actually make these corrections as well so that's where this first report started does anybody have any questions on that nope the next the advisory board wanted to see both the balance sheet and the income statements so on a monthly basis we do this for they make some hard copies that are a little larger than others and you're not going to get anyone so on a monthly basis we do this for all of the properties on a quarterly basis you'll see this for LHA and BISHTC because those financials are not more on a quarterly basis we're hoping to get to a monthly basis but we haven't got there yet so this will show you pretty much the balance sheet they have unrestricted cash which is usually they're operating and they have restricted cash which is usually any type of reserve account or security deposits mostly your receivable is basically tenant receivable along with liabilities, tables and equity if you move to the income statement we try to do kind of a summarization so you don't have to see a full income statement you know what we budget for admin expenses tenant expenses, utilities and so forth for all the properties with the exception of the suites and village place we're actually have a large net income right now based on what's budgeted so we're actually sitting pretty for a lot of properties the one with the suites is a lot of that is based on the insurance claims we've had so we have a lot of expenses right now that we haven't received insurance proceeds from for village place we have the same situation where we have also reserve replacements where maybe the water heater went down or the boiler or we did the security system where you're going to see the expense but it's actually being paid and it's only a cash transaction because we're requesting reserve replacements for that particular expense but we'll show greater expense than we will show any income on this on the statement because it's basically just a cash transaction so that's kind of where everything sits we also have a lot of reasonable accommodations happening at village place which has also increased the cost which is not necessarily replacement requests don't look like chubs in senior buildings so that's kind of where we started with the advisory board if there's other stuff that you would like to see please let me know if you have any questions anything else any property updates we've provided you a sheet of property updates I'm just going to hit on a few so this week the residents have formed their own yoga class on the weekend and so the manager comes and kind of just keeps an eye on it when it's going on but they have about 15 residents that are now participating in that village place we actually had a new manager start last Friday, Adam Sanderson he's taken the reins the residents are loving it, loving him they're really getting to know him come down visiting with him and he's making a presence they're happy, they're very happy over there right now for increase we got the mold test results back and those were negative the heart sonar lodge we had their waitlist open as we discussed and we are still looking for an assistant manager and maintenance tech and a house and choice doctor specialist any questions we'll just be asking anything else we're good all right cool do you want to go on to any commissioner comments I do have I provided you some input from Master and those residents about walking I don't want to give it to them, that's all I asked so it would be good to circle back and let them know that it's not very ignored that's on me so they don't like your puzzles no it's not all right uh whoever made the decisions about wall hangs I think it was probably trying to send real positive messages with what we were doing wall hangs and it's just been interpreted in a particular way by residents that I was not intended in terms of wall hangs but there's just a history there and I think it would be just good to sit and listen to them and think about it and reach out and ask some questions and that's just got caught up in another day all right anything else all right let's go ahead and we have a motion to adjourn moved by Dr. Water second by Mr. Peck all right all right motion to adjourn pass unanimously to adjourn