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HomeMy WebLinkAboutMHC 01/12/2026Town of Mansfield — Mansfield Housina Corporation Meeting Notes for January 12, 2028 f Za?b FI-0 i 0 A H: 09 Attendees: Lou Amoruso, John Colbert, Ellen Spilewski, James Taylor, Nicholas Riccio (note James Taylor submitted his resignation as of February 1, 2026 as he is moving out of state). !') Absent: None The meeting was called to order at 6:00 PM. Discussion of Erick Road and Bonney Lane Property In the November meeting the MHC voted to submit a grant application to Mass Housing for a grant to assist with the design and RFQP process to develop this property. The application was submitted and reviewed by Mass Housing. Mass Housing did not approve the grant due to the small lot size. MHC did offer to assist the RFP process as a resource and assist with drafting and review once we reach that point. Lou Amoruso had discussion with the Planning Director, Sara Repose and that this project may be eligible for HOME Consortium assistance and thatwe may have them attend a future meeting to provide information on their program. Additional information on the site drain easement is needed. Committee members will attempt to find the easement information. Commonwealth of Massachusetts Filing Notice A letter was received from the Commonwealth of Massachusetts to provide an annual report by November 2025. In addition, reports from 2020 to 2024 were requested to be submitted. The website to check these reports is https://www.sec.state.ma.us/divisions/corporations/corporations.htm. The board approved the submittal and costs for the annual reports from 2020 to 2025 by John Colbert. Following the Commonwealth of Massachusetts approval of the annual reports, an Application for Revival will be reviewed by the board at the February meeting and then submitted for approval. Treasurer Bond Amotion to approve a bond for $5000 for the MHC treasurer liability was voted for approval ( John Colbert made the motion and James Taylor approved). Tax Returns Doucette and Doucette provided information to the board on a shift in their document management system for taxes. This was provided to the board treasurer Nick Riccio. Meetinq Notes and Treasurer Report Meeting notes from November 10, 2025 and treasurer report were voted for approval (Ellen Spilewski made motion to approve, James Taylor seconded) and notes and treasurers report were approved unanimously. The meeting was closed at 6:30 PM 21, Mansfield Housing Corporation — Meeting 02/09/2026 6:00 PM Treasurer's Report 1.Obtained current statement of MHC funds, which are managed by Bartholomew. El jantiary. Beginning Balance: $553,227.57 Ending Balance: $554,587.83 Dollar Increase: $1,360.26 Percentage Growth: 0,25% 2. Renewed the $5,000 Treasurer's bond through C&S Insurance for a $100 premium. Also inquired about the MHC's Errors & Omissions policy; our current one expires on 2/25 and we can renew directly through Philadelphia Insurance Companies. Nicholas John Riccio, Treasurer \, j\ mA §0 i�—p�