Meeting minutes for October 2011 Board Meeting
Monday, October 10, 2011
Jack Taylor – Association Manager
Dale Hitsman – President
Brien Sherman – Vice President (absent)
Shaun Ross – Secretary
Jay Heath – Treasurer
Karen Henley – Member-At-Large
Homeowners Forum
No homeowners were present at the meeting this month.
Meeting was called to order at 6:35pm. The September 2011 minutes were approved as written.
Treasurer’s Report
For period ending September 30, 2011
Bank, Savings and Investment Accounts
Checking: $60,018.95
Insurance Reserve: $4,770.08
Security Deposits: $972.87
Replacement/Special Assessment CD: $235,315.71
Watermark CU Savings: $126.61
Other Replacement Reserve CD: $153,894.58
Petty Cash: $100.00
Total Assets: $ 455,019.00
Committee Reports
● No committee reports submitted.
Old Business
● The window and vent cleaning is scheduled for Thursday and Friday October 13th & 14th.
● REMINDER: Please wait for the garage gates (Summit Ave & alley) to close before driving or walking away from the building or to your parking space. The building is only as secure as we all make it. Your car could be the next one broken into and ransacked.
● The Summit Ave pedestrian door, which is next to the garage gate, will be out of commission later this year. Notices will be posted as the door replacement project approaches a start date.
● REMINDER: no smoking is permitted in all common areas, which includes the garage. Signs have been installed on the bridge breezeways that connect the two buildings.
● Tree trimming has been completed by Davey Tree Experts.
● The Board is continuing the searching for a new maintenance assistant.
● The major deck repair to one of the 5th floor patios will be completed shortly.
● The Board is keeping an eye out for replacement door numbers that match what we already have as requested by a few homeowners at the annual meeting in August.
New Business
● The Board is considering installing anti-loitering devices on the alley concrete walls. These devices would prevent people from loitering on our property. We are looking to have these installed sometime this spring. If you see people loitering in the alley, please contact the police.
● At the request of our insurance agent, a new sign has been installed in the exercise room. It states: “Use at your own risk.”
● The Board will be moving and closing one of our Association accounts, as the current bank will soon be charging fees if we don’t keep a minimum balance in the account. This will also eliminate one of the financial institutions from our books.
Meeting adjourned: 7:00pm.
Next meeting is tentatively scheduled for Monday, November 14, 2011 at 6:30pm in Unit E108. The Board will not be meeting in December. The meeting in January 2012 is scheduled for Monday, January 9, 2012.
Ambassador II Condominium Homeowners Association, 506 E Howell Street, Seattle, WA 98122