View the official pdf version of the minutes
Board Members: Lauren Dame, Mya Lansing, Hal Dillon, Clyde Horn, Jesse Fittipaldi
BMC Personnel: Dave Saraceno
Owners: Bill & David Bomball, Rick Lowen, Linda Seymour, John Rose
Hal moved, Clyde 2nd - Unanimous approval.
Lauren moved– with amendment adding info about federal rent grant, Mya 2nd, Unanimous approval.
Beginning Cash Balance [04/01/2021] $24,464
Ending Cash Balance [04/30/2021] $28,321
Total Operating Income $19,367
Total Operating Expense ($12,792)
Difference: $6,575
Total Operating Income $77,967
Total Operating Expense ($72,750)
Difference: $5,217
At the end of April the commercial account and 8 units show a balance due. They have received reminders.
Opening Balance [04/01/2021] $258,527
Contributions $18,480
Withdrawals 0
Interest $2
Closing Balance [03/31/2021] $277,009
Primary Reserve balance account: $140,769
Plumbing Reserve balance: $136,240
Lauren moved Clyde 2nd - Unanimous approval
Diane ill, so no report other than attachments sent in.
Riser “J” (06 stack kitchen) work ready to go forward, costs still uncertain due to unknown city permit fees.
Project will:
Lauren moved, Jesse 2nd to begin project if cost is below $50k. Mya abstained [poor connection] 4 yeas .
One louder bell for fire alarms will be purchased [$200] and installed on one floor to test for audibility inside the apartments.
No report
When will the windows be washed?
[Dave has called and emailed White Glove and has not gotten a response, he will contact them again and Diane has also mentioned getting a second bid since we have the safety features now].
Parking access and street during the work being done on Lincoln?
[Currently, it is sewer work prepping for the road replacement in June. No idea on how it will affect us yet.]
Is there a budget for landscaping mulch out front and in beds?
[BMC has done our landscaping in the past. Diane will respond when she feels better.]
Are we going to change them to align with the State and CDC?
[Since there is no way to know if the person NOT wearing a mask is vaccinated or just ignoring the guidelines, our current masking and deliveries guidelines will remain in place through June]
Federal grant for Shahayla’s commercial space came through after all. Initial denial was due to glitch in their data system. Money was awarded to pay for back rent.
Diane reports the money transferred to WT/BMC in May.
none