View the official pdf version of the minutes
Board Members: Clyde, David, Hal, Jesse
BMC Personnel: Diane Sollinger, Dave Saraceno
Owners: Bill Bomball, John Rose, Linda Seymour, Richard Bomball, Rick Lowen, Tom Ferrer
We added “discuss patio umbrella removal”. Then the agenda was approved.
Motion: Hal; 2nd: Clyde; Unanimous
Motion: Clyde; 2nd: Hal; Unanimous
Beginning Cash Balance [10/01/2023]: $6,850; prev: $20,407
Ending Cash Balance [10/31/2023]: $25,927; prev: $6,702
BUDGETED Total Operating Income: $21,565; prev: $21,565
ACTUAL Total Operating Income: $20,764; prev: $21,069
ACTUAL Total Operating Expense: ($27,829); prev: ($20,312)
BUDGETED Total Operating Expense: ($27,461) prev: ($18,901)
BUDGETED Total Operating Income: $215,646; prev: $172,517
ACTUAL Total Operating Income: $211,450; prev: $169,617
ACTUAL Total Operating Expense: ($218,683); prev: ($191,003)
BUDGETED Total Operating Expense: ($217,574); prev: ($190,113)
$10,844 for annual flood insurance
$2,786 for quarterly elevator maintenance
$18,303 for various F Riser & L Riser efforts
24,160 for L Riser access & fire rated doors
Opening Balance [10/01/2023]: $615,522; prev: $594,475
Credits this Period: $0; prev: $19,681
Debits this Period: ($53,726); prev: $(0)
Change in Value this Period: $1,332; prev: $1,366
Closing Balance [10/31/2023] $563,129 prev: $615,522
Primary Reserve balance: $113,032; prev: $119,739
Plumbing Reserve balance: $147,141; prev: $192,481
Goal of $300,000 in rotating CD funds:
CD #5 purchased, matures 11/29/2023
CD #6 purchased, matures 12/21/2023
CD #7 purchased, will mature 01/30/2024
A resident asked for approval to keep her patio-umbrella on her patio.
We voted to allow units 201, 202, and 208 to keep their patio umbrellas.
We need more information to determine if we will allow units on the 13th floor to keep their patio umbrellas.
A resident complained again about cigarette smoke on the 4th floor. There were also many Action-Grams this month about cigarette smoke on the 11th floor
We will put up No Smoking signs again.
Nothing to report.
Nothing to report.
They reported that someone is removing their “Green-Tips” notices from the bulletin board in the Mail Room.
Members will soon attend a presentation at Campbell Center about Federal money that will be available for energy-saving projects. Perhaps WT could participate.
Nothing to report.
We voted to raise the monthly HOA dues 4%.
i. Motion: Hal; 2nd: Jesse; Unanimous
ii. New Assessments (per month):
“Crime” insurance coverage: We bought this insurance in 2023 because one unit owner needed the coverage to sell his unit. The HOA was reimbursed by the unit owner. We decided not to renew the policy.
Motion: Hal; 2nd: Clyde; Unanimous
Accessible drain-pipe clean-out on 12th floor: We voted to ratify our decision to pay for the installation of a new plumbing fitting at the drainpipe between the bathtubs in 1205 and 1206. This fitting will be installed in other similar situations as we move through the Big Plumbing Project.
Motion: Hal; 2nd: Clyde; Unanimous
Dave will get bids from several electricians for the replacement of the Zinsco Electrical Panels in the residential units. These panels will be paid for by the unit owner.
Jesse will contact New Way Electric and ask about the status of the electrical report that we asked them to do.
New roof-covering on the structure at the entrance to the parking structure: Work is scheduled for mid-December.
Odor from “perms” in Mia Bella: Clyde will talk to Heidi at Mia Bella about possible mitigation measures.
Garage door repair: We decided to have the owner of the car that damaged the garage door pay for the repair of the door. The contractor that repaired the garage door has already been paid by the HOA. The HOA will request reimbursement from the owner of the car.
Motion: David; 2nd: Jesse; Unanimous
2nd floor balcony water pipes: The owners of the three units (201, 202, 208) will meet to discuss a plan. They will report to the Board.
Scheduled via Zoom for Tuesday, December 26, 2023 @ 5:00 PM