View the official pdf version of the minutes
Board Members: Clyde H., David I., Hal D., Alex H.
BMC Personnel: Diane Sollinger, Dave Saraceno
Owners: Bill Bomball, Linda Seymour, Richard Bomball
Motion: Hal; 2nd: David; Unanimous
Motion: Alex; 2nd: David; Unanimous
Beginning Cash Balance (11/01/2023); $25,927; prev: $6,850
Ending Cash Balance (11/30/2023); $18,696; prev: $25,927
BUDGETED Total Operating Income: $21,565; prev: $21,565
ACTUAL Total Operating Income: $20,706; prev: $20,764
ACTUAL Total Operating Expense: ($16,171); prev: ($27,829)
BUDGETED Total Operating Expense: ($18,901); prev: ($27,461)
BUDGETED Total Operating Income: $237,211; prev: $215,646
ACTUAL Total Operating Income: $232,156; prev: $211,450
ACTUAL Total Operating Expense: ($234,855); prev: ($218,683)
BUDGETED Total Operating Expense: ($236,476); prev: ($217,574)
$31,730 to Anderson Plumbing for additional L Riser Expenses
$27,080 to BMC for additional L Riser Expenses
$7,750 to Cutting Edge Concrete for cutting and scanning
$4,951 for north alley fencing
Opening Balance [11/01/2023] $563,129; prev: $615,522
Credits this Period $19,681; prev: $0
Debits this Period ($66,605); prev: $(53,726)
Change in Value this Period $1,513 prev: $1,332
Closing Balance [11/30/2023] $517,718 prev: $563,129
Primary Reserve balance: $61,766; prev: $113,032
Plumbing Reserve balance: $152,925; prev: $147,141
Goal of $300,000 in rotating CD funds:
CD #6 purchased, matured 12/21/2023**
CD #7 purchased, matures 01/30/2024
CD #8 purchased, matures 02/13/2024
End of Treasurer’s Report
Treasurer’s Report Approval: Motion: Hal; 2nd: David; Unanimous
Linda S. stated that the owners of #201, #202 and #208 have agreed to take responsibility for the water piping on each of their balcony/patios.
They will be responsible for “winterizing” the pipes and repairing any leaks.
“Winterizing” consists of closing the water supply valve (for all three units) inside #201 and opening valves on the patio to allow water to drain from the system.
This will be done before freezing weather begins. Each unit will have a document for future owners explaining this responsibility.
We revisited and re-approved our decision to allow units 201, 202, and 208 to keep their patio umbrellas. They are also allowed to cover patio furniture with canvas for protection from the weather.
Umbrellas and canvas covers(?) are still not allowed on the 13th floor patios.
Open flames (barbecues, fire pits, etc.) are still not allowed anywhere in the building or on the property.
MMRC chair was not in attendance: no report.
Clyde: Nothing to report.
Linda S. reported that they are researching the Inflation Reduction Act which may help residents pay the cost of the replacement of their Zinsco electric panel and the cost of the installation of a ductless heat pump.
The Zinsco panels are, in the opinion of insurance companies, hazardous.
If there is help for paying the cost of these projects, it will be in the form of a federal tax credit.
A unit owner requested a waiver of the $25 late fee. They state that the USPS was slow. BMC states that this is not a chronic problem for this unit. We voted to waive the $25 late fee.
Motion: Hal; 2nd: Clyde; Unanimous
We still lack adequate information to move forward with the Zinsco-Panel-Replacement-Project (ZPRP).
We await the report from New Way Electric. We approved payment for and ordered this report several weeks ago. Jesse F. is in touch with New Way Electric.
This work was postponed because of weather conditions. The work will hopefully happen in January 2024.
This is a contentious issue with the owners of Mia Bella.
We decided to submit a poll to the residents of WT asking if they are bothered by these odors.
We hope that the results of the poll will give the HOA Board guidance as to how to deal with the issue. We asked John R. if he could create the poll. We await his response.
A notice was sent to the owner whose car damaged the garage door. We requested that they pay for the damages.
We noted that the Smoke-Free-Property signs that we recently posted remained in place for an unusually long time.
The problem, however, continues. We may try the “Smoking Patrol” technique or investigate more high-tech solutions.
01/30/2024 @ 5:00 PM: Our next Board Meeting (We will try a “Hybrid” meeting for the first time. People can attend in person at the WT office or attend via Zoom.)
02/20/2024 @ 5:00 PM: The second Board meeting of 2024 (This may be a Hybrid meeting.)
02/27/2024 @ 7:00 PM: Homeowners Association (HOA) Annual Meeting: (This may be a hybrid meeting.)