Present: Jim, Kevin, Anna & Sean
Operating Expenses:
- Budget Review
- Reserve Projection Review
- Roofing will become an issue down the line & will need to be considered in future meetings
- Home Owners responsible for the ply wood and rubber blanketing
- HOA responsible for shingle removal and replacement
- Need to address issues for owners who replace / repair prior to the next cycle (2025)
- Garage Doors added to the possible list of future items to consider
- Current doors are no longer manufactured & supplies of replacement panels are starting to dwindle
- Roofing will become an issue down the line & will need to be considered in future meetings
- 5 vacant units with overdue HOA fees due
- Attorney working with banks to settle past due balances and restart payments
- 2 units behind greater than 90 days and greater than $2000 owed to HOA
- Attorney working to settle accounts and collect past due balances
Management Report:
- 2016 Capitol Projects being reviewed with contractor for rail road tie replacements on steps and walls.
- Review of letters to board & Archway
- Parking violation on Linden reported, letter to be sent to responsible party
- Review of engineering report regarding long term property maintenance, needs, recommendations and potential costs.
- Snow Removal / Landscaping
- Weather has been mild to date, no issues
- Review of landscaping contract
- Paving quotes to be provided for Ash & Butternut Courts (next targeted areas)
- Painting cost more than budgeted, due to large amount of wood replacement. Required overage was moved from the reserves to cover the costs.
- Improved Lighting discussed, possible solar lights. Need more information on if there are any incentives and what the break even point would be by installing improved lights.