View the official pdf version of the minutes
Board members (in person): Clyde, David, Hal
Board members (via Zoom): Jesse, Alex
BMC Personnel (in person): Diane
Residents (via zoom): Rick L.
Residents (in person) Mark, Harvey
Motion to approve today’s agenda: David, 2nd: Hal, Unanimous
Clyde moved to approve minutes (From November Mtg) — Jesse 2nd, Unanimous
Operating Account Summary (aka Trust or Checking account)
Beginning Cash Balance [11/01/2025] $19,557 prev: $32,238
Ending Cash Balance [11/30/2025] $31,941 prev: $19,557
Budget–Comparative
Month-to-Date Details
BUDGETED Total Operating Income: $24,603 prev: $24,603
ACTUAL Total Operating Income: $22,243 prev: $24,056
ACTUAL Total Operating Expense: ($27,363) prev: ($26,789)
BUDGETED Total Operating Expense: ($19,853) prev: ($29,853)
BUDGETED Total Operating Income: $270,638 prev: $246,034
ACTUAL Total Operating Income: $269,122 prev: $246,879
ACTUAL Total Operating Expense: ($320,587) prev: ($293,223)
BUDGETED Total Operating Expense: ($275,388) prev: ($225,534)
• $32,659 to River Roofing, Inc for 25% deposit for roof replacement
• $5,728 to Belfor for 02 Stack mitigation
• $2,762 to FPConstruction for Final Pay Chase Work
• $1,700 to PRC Excavation & Concrete for south entry & 1307
• $1,243 to Lane County Glass for salon window replacement
• $1,160 to FPConstruction for water intrusion wall finish (salon?)
• $762 to BMC for prep concrete by south entry
• $733 to Carlson Testing for Fire Caulking special inspection
Reserve Account Summary
Opening Balance [11/01/2025] $337,424 prev: $336,731
Credits this Period $16,348 prev: $0
Debits this Period ($61,205) prev: ($0)
Change in Value this Period $811 prev: $693
Closing Balance [11/30/2025] $293,378 prev: $337,424
Notes about Reserves:
Primary Reserve balance: $200,268 prev: $227,553
Plumbing Reserve balance: $92,299 prev: $109,179
End of Treasurer’s Report
Clyde moved that we approve the Treasurer’s Report. David 2nd it and the vote was unanimous.