View the official pdf version of the minutes
Board Members: Alex, Clyde, David, Hal, Jesse
BMC Personnel: Diane Sollinger, Dave Saraceno
Owners: Bill Bomball, John Rose, LaDonna Qualtieri, Linda Seymour, Richard Bomball, Rick Lowen, Tom Ferrer
Motion: Jesse; 2nd: Clyde; Unanimous
Motion: Clyde; 2nd: Jesse; Unanimous
Beginning Cash Balance [09/01/2023]: $20,407; prev: $40,211
Ending Cash Balance [09/30/2023]: $ 6,702; prev: $20,433
BUDGETED Total Operating Income: $21,565; prev: $21,565
ACTUAL Total Operating Income: $21,069; prev: $21,259
ACTUAL Total Operating Expense: ($20,312); prev: ($13,371)
BUDGETED Total Operating Expense: ($18,901); prev: ($18,901)
BUDGETED Total Operating Income: $172,517; prev: $172,517
ACTUAL Total Operating Income: $169,617 ; prev: $169,617
ACTUAL Total Operating Expense: ($191,003); prev: ($170,691)
BUDGETED Total Operating Expense: ($190,113); prev: ($171,212)
$6,733 to Andersen for F Riser work
$5,000 to White Glove for window washing
$883 to Carlson Testing for Firestop test
Opening Balance [09/01/2023]: $594,475; prev: $573,474
Credits this Period: $19,681; prev: $19,681
Debits this Period: ($0); prev: $(0)
Change in Value this Period: $1,366; prev: $1,319
Closing Balance [09/30/2023]: $615,522; prev: $594,475
Primary Reserve balance: $119,739; prev: $110,793
Plumbing Reserve balance: $192,481; prev: $181,746
Goal of $300,000 in rotating CD funds:
CD #5 purchased, matures 11/29/2023
CD #6 purchased, matures 12/21/2023
CD #7 ordered, will mature 01/30/2024
Plumbing Project: Jesse reported that work is progressing. We are starting work on the “L” Riser which feeds the “08 Stack”.
We are ready to install sheet rock on the work just completed.
Jesse will talk with the Eugene permit department to see if they want to inspect sheet rock work.
Electrical system report from New Wave Electric: We should have this report soon.
Exhaust fan in trash-room-stack: no news
This committee is not willing to take on the duties of a “Landscape” committee. They are giving it back to the Board.
They want to go on record that the next time the hot water boiler needs to be replaced, it should be replaced with an Electric-Fired boiler.
No report
The room is about half full. We will send notice that spaces are available.
i. We will get more information from our insurance agent.
ii. We approved the request (to keep their patio umbrellas) of the two second-floor residents.
Motion: Alex; 2nd: Hal; Unanimous
i. There will be no easily visible changes to the exterior or interior of the building.
ii. They provide faster and less expensive internet (aka “gigabyte internet”) than competitors.
iii. Each WT unit has the option to sign on with Hunter or not. Two internet speeds (and costs) will be available from Hunter.
iv. Their web site is www.hunterfiber.com
v. The price will stay the same and will not go up.
vi. Regarding the informational document that Hunter proposes to send to WT residents: It will not state that the WT Board of Directors endorses or recommends Hunter Fiber.
vii. Jesse made the motion that we accept and review the proposal from Hunter Communications. Clyde seconded the motion. The motion directs the board to vote via email to accept or reject Hunter Fiber’s proposal before the next WT Board Mtg on 11/28/2023.
The installation of a new roof cover over structure that covers the parking garage entry area is scheduled to happen in the middle of December 2023.
We still await answers to the questions that we sent to our attorney after last month’s board meeting.
We are still dealing with the odor from “perm” work in Mia Bella. The issue was not discussed at this meeting.
We have not decided if we will request reimbursement for damage to the automobile entry gate by a car recently.
The board scheduled an Administrative Meeting for November 21, 2023 @ 5PM to discuss the following:
Tuesday, November 28, 2023 @ 5:00 PM