December 2007 HOA Board Meeting
Homeowners Forum
No homeowners were present at this months meeting.
Treasurer’s Report
For period ending November 30th, 2007
Bank, Savings and Investment Accounts
Checking $36,963,69
Insurance Reserve $4,736.42
Replacement/Special Assessment CD $226, 009.33
Other Assets
Petty Cash $100.00
Total Assets $268,775.41
Committee Reports
The bicycle committee has completed the installation of the bike rack in the multi-use room. Our first bikes are already in the rack, and the response has been very positive. There are still spots available – please contact the Board to speak for one of the remaining ones. Please note that bikes are not permitted in hallways, on decks, or on the common walkways – all bicycles and other items must be either registered and stored in the association racks or stored within the confines of your unit.
Security
Thankfully there were no security violations or concerns during the month of November.
Rules
There were garbage and recycling violations this month from one of our units. The unit owner has been sent fines for both occurrences.
Property Managers Report
- New lighting has been installed on the Howell Street side of the building.
- Our handyman, Eric, has been hired and is working – he has already made great headway on painting and other jobs around our building.
- Interior light repairs – Robert Bates task and will repair-replace.
- One of our units has again gone to collection – our attorney has been engaged.
Old Business
The Board has set up an event calendar for the Ambassador II building. Currently, the calendar mainly contains information regarding reoccurring events like garbage/recycling pickup and our monthly Board meetings, but may be updated to include other kinds of events. If you have suggestions for the calendar please contact the Board. To view the event calendar point your browser at https://ambassador2.com/event-calendar/
New Business
The elevator remodel is progressing nicely – the Board has selected a vendor and will be posting samples of the materials for unit owners preview. The remodel will take place sometime in the first quarter of 2008 and will involve only a single day with the elevator offline. This remodel will increase the beauty and value of our homes as well as reduce the cleaning and maintenance issues that we are experiencing.
Meeting Adjourned: 7:40 PM