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Board Members: Lauren Dame, Mya Johns, Hal Dillon, Clyde Horn, Jesse Fittipaldi
BMC Personnel: Diane Sollinger
Owners: Linda Seymour
Moved by Lauren and 2nd by Jesse- Minutes approved.
Month ending: March 31, 2020
As per BMC statement:
Beginning Cash Balance in Trust Account: $9,683
Ending Cash Balance in Trust Account: $14,899
MTD Actual: $35,480; YTD Actual: $104,272
MTD Actual: $29,421 YTD Actual: $95,922
1 unit with past due balance; reminder sent
The general insurance annual premium ($12,966) is reflected in this month’s operating statement.
As per Morgan Stanley statement
Opening Balance $89,892
Contributions (Not included in BMC report.) $17,600
Closing Balance (“Total Cash Reserves-Allocated”) $89,893
all activity frozen due to COVID-19.
Some information gathered about plumbing prices.
Photos of Kitchen and Bath construction from owners so far indicate that the demo/replace costs will not be excessive.
More info still to come on this, but it looks positive so far.
Owners have been notified of problems reported in Actiongrams and fines collected as appropriate.
Special NON-smoking notice to be prepared and hung on doors on the top 4 floors on the North end of the building to try again to get the problem smoker’s compliance.
Linda mentioned the activities of the Green Committee are also frozen due to the COVID-19 threat.
There was discussion about the best location for the compost bin since there is increased foot traffic to it now.
It will be relocated to the South end of the building near the bike racks to test if that is a good spot for it or not.
ON-LINE Meeting: Tuesday, May 19th at 5:30 PM via ZOOM.