Meeting minutes for October 2009 board meeting
Ambassador II Condominium Board Minutes
Monday, October 12, 2009
Jack Taylor – Association Manager
Dale Hitsman – President
Shaun Ross – Vice President
Jay Heath – Treasurer
Greg Mitchell – Member-At-Large (not present)
Brien Shermen– Secretary
Homeowners Forum
No homeowners were present at the October meeting.
Meeting was called to order at 6:34pm. September’s minutes were approved as written.
Treasurer’s Report
For period ending September 30th, 2009:
Bank, Savings and Investment Accounts
Checking $2442.33
Insurance Reserve $4761.02
Replacement/Special Assessment CD $182,258.82
Other CD $ 150,000
Other Assets
Petty Cash $100.00
Total Assets $ 344,533.15
We are still attempting to locate a real estate attorney who can assist with removing the Ambassador II association off the FHA blacklist. If any resident knows of such an attorney, please notify the Board.
Committee Reports
Security
No security violations were reported
Rules
No rule violation were reported.
Old Business
3rd amendment to the association declaration passed. Every resident should maintain at least $10,000 of home owners liability insurance.
New Business
A unit in the east building has a failing window, upon inspection by the association a repair was scheduled and was completed.
The garbage on the main level of the Summit garage will be hauled away soon. A reminder to residents that all garbage must be properly disposed of by the resident.
The fireplace relighting will be scheduled and affected residents will be notified by the association.
Homeowner reminder: Parking spaces are only for owners or residents of the Ambassador I and Ambassador II Condominiums. Renting spaces to non-residents is strictly prohibited. It is OK to rent spaces to people who live in the buildings.
Meeting Adjourned: 7:23 PM
Next Meeting is November 9th, 2009 at 6:30pm in Unit E108
Ambassador II Condominium Homeowners Association
506 E Howell Street
Seattle, WA 98122