View the official pdf version of the minutes
Board members (in person): Clyde Horn, David Igl, Hal Dillon
Board & BMC members (via Zoom): Jesse Fittipaldi, Dave Saraceno
BMC Personnel (in person): Diane Sollinger, Juanita
Owners (in person): Bill Bomball, Richard Bomball,
Owners (via Zoom): Giny Landgreen, Tom Ferrer
We added Building Insurance items to the agenda:
Discuss our ongoing dealings with the insurance underwriters.
Clyde; 2nd: David; Unanimous
Clyde; 2nd: David; Unanimous
Month ending June 30, 2024
Beginning Cash Balance [06/01/2024] $14,740; prev: $3,599
Ending Cash Balance [06/30/2024] $6,126; prev: $14,740
BUDGETED Total Operating Income: $22,793 prev: $22,793
ACTUAL Total Operating Income: $23,202 prev: $23,955
ACTUAL Total Operating Expense: ($19,756) prev: ($20,454
BUDGETED Total Operating Expense: ($22,793) prev: ($22,793)
BUDGETED Total Operating Income: $136,760 prev: $113,966
ACTUAL Total Operating Income: $137,630 prev: $114,428
ACTUAL Total Operating Expense: ($203,924) prev: ($184,168)
BUDGETED Total Operating Expense: ($136,760) prev: ($113,967)
$7,183 for Anderson plumbing Riser A work
$2,076 for attorney input for stipulated judgment, insurance amendment, and riser work responsibility
Opening Balance [06/01/2024] $296,798 prev: $365,614
Credits this Period $19,743 prev: $19,743
Debits this Period ($0) prev: ($89,532)
Change in Value this Period $1,124 prev: $973
Closing Balance [06/30/2024] $317,665 prev: $296,798
Primary Reserve balance: $302,125 prev: $287,630
Plumbing Reserve balance: $14,416 prev: $7,208
CD #9 matured on 3/5/2024, and no new CD was purchased
CD #10 matured 04/22/2024, and no new CD was purchased
CD #11 matured 05/20/2024, and no new CD was purchased
Clyde; 2nd: David; Unanimous
No input
The committee did not meet in June.
Their recent focus has been the planning of a roof-top solar-electric array and batteries.
The MMRC did not move forward with the Big Plumbing Project this month because we need to focus on the replacement of the Zinsco electrical panels.
We need to send our insurance underwriter the following:
Documentation (photographs) proving that WT electrical system contains copper wiring, not aluminum wiring.
Documentation of the Bear Mountain/Resident contracts to replace the residential panels.
It was suggested that we upgrade our CCTV (Closed Circuit Television).
We will revisit this subject after the Plumbing and Panel projects are completed.
Jesse suggested the ARLO brand. He has one that he will loan to Dave as a trial.
We need to review our policy concerning shutting off the potable water supply to part of or all the WT building.
How much advanced notice and how is the notice communicated to the affected residents?
Move-In / Move-Out policy as it relates to the rental of “Furnished” units.
Sometimes a tenant moving into a “Furnished” unit brings their own (large) furniture into the unit. We decided that we will always follow the written instructions.
Motion to approve: Hal; 2nd: Clyde; Unanimous
The laundry payment method will soon change from a “Card” system to a “Smart Phone” system. The prices will NOT go up and some of the machines will continue to be set up to accept coins.
There is concern that vehicles parked near the North Entry/Exit to the WT building may park too close to the building and block the Emergency Exit. We will discuss this with the Fire Marshal and revisit this at our next meeting.
This is covered earlier in this document.
Our attorney stated that he will have the insurance amended and sent to us by the end of July 2024.
Dave will send the owner a letter stating that we expect them to pay for the repair of the garage door.