Meeting minutes for March 2009 board meeting
Homeowners Forum
There were no homeowners present at this months Board meeting.
Treasurer’s Report
For period ending February 28th, 2009
Bank, Savings and Investment Accounts
Checking $22,769.99
Insurance Reserve $4,754.25
Replacement/Special Assessment CD $302,622.05
Other Assets
Petty Cash $100.00
Total Assets $331,215.59
Committee Reports
The hardscaping committee has procured samples of various types of bricks for the hardscaping project to submit to the city for approval.
Security
There were no security violations during the last month. A unit resident has been smoking excessively in their unit – we will be sending a notice to THS to help mitigate the situation.
Rules
A resident filed a noise complaint against one of the THS units. A noise fine has been sent.
Old Business
The repairs to the insulation in the garage have been completed. The new insulation is less attractive, but meets current fire codes and will help improve the safety of the building.
The Board is tracking bad light fixtures in the halls and will be engaging an electrician to repair them in the coming months – there are currently 2 fixtures broken. We are delaying the fix in the hopes of conserving money by replacing a group of 4 or more at the same time. We hope to switch over to LED technology within 2-4 years.
The Board has engaged AlMet to have the scratches removed from the elevator door and interior panels. The service will significantly increase the aesthetic appeal our new elevator treatment.
New Business
A higher than expected water bill was received this month. There is a possibility of a water main leak in the alley. After the last large snowfall a sinkhole appeared in the alley which may have been caused by a water main leak, but it is more likely the higher bill was due to announced water rate increases. We have asked the City to investigate in case there is a leak.
A homeowner contacted the Board regarding gurgling from their plumbing. A clogged drain is suspected. The homeowner and the Board will investigate the issue.
The Board discussed several tripping hazards on the sidewalk surrounding our building. The Board is contacting the city and asking that they mitigate the trip hazards.
The lobby door hinge was replaced and properly adjusted during the last month.
Meeting Adjourned: 7:25 PM
Next Meeting is April 13th, 2009 at 6:30pm in Unit E406