View the official pdf version of the minutes
Board members: Clyde, Jesse, Hal, Alex
BMC Personnel: Diane
Owners: Richard B., Ken G., Esther K.
We had the agenda and a “List of Projects” created by Clyde. We used the List of Projects more than the agenda. These are the items on the List of Projects:
Abbreviations: IP=In Person VZ= Via Zoom MM= Made Motion UN= Unanimous
Board members (IP): Clyde, Jesse, Hal, Alex, and David
BMC Personnel (IP): Diane S
BMC Personnel (VZ): Dave Saraceno
Owners (IP): Ken G., Linda S., Richard B.
Owners (VZ): Christina
Others: none
Motion to approve today’s agenda: Clyde MM Dave 2nd UN
Motion to approve March minutes: Clyde MM Alex 2nd UN
Beginning Cash Balance [03/01/2025] $21,348 prev: $45,151
Ending Cash Balance [03/31/2025] $23,211 prev: $21,348
BUDGETED Total Operating Income: $24,603 prev: $24,603
ACTUAL Total Operating Income: $25,199 prev: $25,621
ACTUAL Total Operating Expense: ($19,513) prev: ($101,632)
BUDGETED Total Operating Expense: ($20,437) prev: ($60,437)
BUDGETED Total Operating Income: $73,810 prev: $49,207
ACTUAL Total Operating Income: $75,781 prev: $50,582
ACTUAL Total Operating Expense: ($137,880) prev: ($118,368)
BUDGETED Total Operating Expense: ($101,310) prev: ($80,874)
Opening Balance [03/01/2025] $248,211 prev: $335,562
Credits this Period $16,348 prev: $0
Debits this Period ($0) prev: ($88,019)
Change in Value this Period $561 prev: $667
Closing Balance [03/31/2025] $265,121 prev: $248,211
Primary Reserve balance: $225,381 prev: $220,032
Plumbing Reserve balance: $39,179 prev: $27,512
Motion to approve treasurer’s report: Hal MM Clyde 2nd UN
Ken G. has recently worked to preserve the original blueprints from the construction of WT. He has succeeded in this endeavor. He stated that the original WT blueprints have been restored on new Rice Paper. He also said that he and his team found many boxes of WT records (approximately 21 linear feet of file drawers). Ken suggests that we sort through these boxes for documents worth saving and/or scanning. It was stated that we may want to scan all documents before we destroy or save them.
Refer to the 04-21-2025 Business Report.
We await dry weather before painting ADA stripes at the north exit.
We will research the possibility of contracting with a different trash-hauling company. We now contract with Sanipac. Our options are APEX and Royal. Diane will contact APEX and Royal for more information.
The two Sycamore trees at the NW corner of the building are diseased and need to be removed. Diane will contact the city about this. We will then work with Friends of Trees to replace the two trees.
A draft of a possible insurance amendment to bylaws was prepared by our lawyer.
The draft amendment was prepared due to concerns that the cost of continuing to obtain insurance that complies with the current bylaws has been rapidly increasing and is on pace to exhaust the association’s annual budget more quickly than dues increases could absorb.
The draft was discussed in a preliminary manner by the board.
Any amendment is subject to the amendments procedure. Alex suggested that the proposed amendment might cause individual owners’ rates to go up and therefore we should ask our insurance broker to estimate the cost burden on individual owners for making the amendment so that we could better quantify the impact of an amendment versus no amendment
We are still shopping for a new office computer.