Meeting minutes for July 2016 Board Meeting
https://ambassador2.com
Monday, July 11, 2016
President: Brien Sherman (absent)
Vice President: Venus Chan
Treasurer: Jay Heath
Secretary: Shaun Ross
Member At Large: Anand Singla
Association Manager: Jack Taylor
Homeowners Forum
● One homeowner was present at the meeting this month.
● Meeting was called to order at 7:04pm.
The June 2016 minutes were approved as written.
Treasurer’s Reports
● For period ending June 30, 2016.
Bank, Savings and Investment Accounts
Checking: $45,398.26
Washington Federal Replacement / Special Assessment Reserve: $211,399.94
Sound Credit Union Savings: $211,392.02
Umpqua Bank 17month
CD: $235,876.90
Petty Cash: $100.00
Total Assets: $710,167.12
Committee Reports
● No reports.
Security
● CONTINUED REMINDER TO ALL RESIDENTS: Before proceeding away from the building or to your parking space (Rule 3.17), please wait for the Summit Ave garage gate to close completely. Residential garage burglaries are still up citywide. The most common method of entry for a trespasser is through an unattended open garage gate/door after a vehicle or pedestrian has passed through.
● Lockers in the alley garage have been broken into this month . Because of the continued rise in residential garage burglaries, we strongly advise residents to not leave anything you don’t wish to lose in lockers or vehicles. Leaving valuables or even nonvaluables in plain sight is an invitation for thieves. Nonresident owners, please discuss this continued security issue with your tenants.
● No package thefts were reported in June, however. We continue to advise residents to consider having packages delivered to your workplace or other secure address. Delivery people are under no obligation to call your personal number. You should also pick up packages promptly. Packages left for extended periods could be considered abandoned.
Rules
● Please continue to pickup after your dog (Rule 10.5), consider using a Citronella collar to curb barking (Rule 10.3), keep dogs off balconies and decks when you’re not home (Rule 10.6), and please control their behavior when you are home. While in the common areas, dogs must be leashed at all times. Your neighbors will be appreciative. Fines will be and have been imposed for repeated violations.
● Recycling reminders: There are a few residents that continually abuse recycling. The Board will discuss assessing each offending owner a monthly charge to cover the labor to sort items and break down boxes of these serial abusers.
Old Business
● The 2016/2017 budget was approved with a 1.6% increase. Due to the delays in submitting notifications no late fees will be imposed for July.
● Missing emergency contact information. Please contact Jack Taylor at Property Concepts (contact information listed below) to make sure he has current phone number(s), mailing address, and email address for you and/or your tenant. There are still several units that have not contacted Property Concepts with current emergency contact information.
● Our janitorial service schedule is Tuesday’s and Friday’s with minor touch ups other weekdays in the lobby and garbage areas.
● The door at the bottom of the east building’s north stairwell will be replaced at some point. The Board continues to search for a vendor to bid on this small project.
● Owners not residing in their units are encouraged to inspect their tenant occupied units on a regular basis. We have seen multiple instances in the last few years where tenants have not reported issues that have caused unnecessary damage to the unit and common areas.
● Roof repairs are still needed. We continue to search for a vendor to complete them. Construction in the city is at a fever pace and small projects like ours are least desirable for vendors. But no worries, the temporary repairs are still holding.
New Business
● The Summit Ave garage gate opener has been repaired. Most of the mechanical innards have been replaced. It took many days and multiple service calls to locate this very intermittent problem.
● The Board approved the bid to replace the trash room gate and have made funds available for this project. We are currently waiting to hear back from the vendor to see when they can schedule the replacement.
● Due to the multiple plumbing fixture failures, which have caused extensive damage to the buildings and our budget, the Board is looking into raising the Association’s insurance deductible from $10K to $25K or somewhere in between. Per the 3rd Amendment to the Declaration the at fault owner is responsible for the amount of the Association’s insurance deductible. We will give adequate notice for all unit owners so everyone can verify their coverage once we have finished our research.
● Repairs continue in the affected units from water damage earlier in the year. Hopefully, these projects will be completed within the next month or so.
● The insurance deductible amount of $10K has been assigned to the units that caused the damage. We will work to insure that these amounts will be returned to the Association in a timely manner.
Meeting adjourned at 7:29pm.
Next Board meeting is scheduled for Monday, August 8, 2016 at 6:30pm in Unit E108.
Annual meeting is scheduled for Wednesday, August 10, 2016 at 7pm in the exercise/bike storage room.
Ambassador II Condominium Homeowners Association:
506 E Howell St, Seattle, WA 98122 (not mailing address)