View the printable and official published version of these minutes.
Meeting TUESDAY, December 17th, 2019, 5:15pm
Board Members: Lauren Dame, Jean Kern, Hal Dillon, Clyde Horn, Jesse Fittipaldi
BMC Personnel: Diane Sollinger, Tom Weaverling
Owners: Barb Bomball, Dick Bomball, Linda Seymour, Rick Lowen, Christi Asha, Rebecca Humble
Hal moved, Lauren 2nd – Unanimous approval
Previous Meeting Minutes Approval:
Clyde moved, Hal 2nd – Unanimous approval
Month ending: 11/30/2019
Date of meeting of Board of Directors: 12/17/2019
As per BMC statement dated 12/5/2019:
Beginning Cash Balance in Trust Account: $4781.06
Ending Cash Balance in Trust Account: $2000.00
MTD Actual: $31,321.55 YTD Actual: $344,045.80 YTD % VAR (0.24)%
MTD Actual: $20,818.61 YTD Actual: $278,345.23 YTD % VAR 11.15%
Two Move-in fees due in November were paid on 12/1/2019.
Opening Balance $63,803.32
Closing Balance $37,304.85
Reserve Account balance as per 12/14/2019: $42,541.20
Clyde moved, Jean 2nd – Unanimous approval
Lauren moved to allocate $1,000 to be spent in January on this project – 2nd Jean – unanimous.
Hal will contact EPD crime prevention Dept. to schedule a walk around security check with an officer
Actiongrams forwarded to Board.
Board will review CPAs info.
All three commercial Leases expire in 2020.
Diane has asked her Realtor contact for current leasing rates and will report.
Tom mentioned that sub-panel meters to the 3 commercial spaces and Laundry Room could be installed [Mia Bella has one already] Cost would be approximately $850/meter plus labor. Best to do all at once to save labor costs.
Installation RFP will be written with specifications of all work and submitted to Board for Jan Meeting OK.
Compost recycling begins Jan 4, 2020. “How To’s” will be posted and sent out.
Pickup is every 2 weeks on Thursday midmorning.
Documents on what and how TBD.
Next Regular Business Meeting: Tuesday, January 14th at 5:15 PM.
(1) Discussion of personnel matter;
(2) Discussion about amendment of HOA registration with State to be non-profit again [changed in the 1990’s or early 2000’s].