Meeting minutes for July 2017 Board Minutes
https://ambassador2.com
● No home-owners were present at the meeting this month. Meeting was called to order at 6:34pm. The May 2017 minutes were approved as written; no June 2017 minutes, as a quorum had not been met.
Things to Always Remember
● CONTINUED REMINDER TO ALL RESIDENTS: Before proceeding to your parking space or away from the building, please wait for the Summit Ave garage gate to close completely (Rule 3.17).
● WATER SHUT-OFF VALVE: There is a water shut-off valve located above the water heater in every unit. This valve will shut water off to your whole unit and not the building.
● PARKING IN GARAGE: The dentist office spaces are not to be used after hours for guest parking. There is no guest parking in either garage. All parking spaces are assigned. Unauthorized vehicles may be towed without warning at owner’s risk and expense. Non-resident owners, please advise your tenants.
● REGULAR INSPECTIONS: Owners not residing in their unit are encouraged to inspect their unit on a regular basis. Non-resident owners who live out of the area are required by statute to have a local representative to protect their interests.
Treasurer’s Reports
● For period ending May 31, 2017. Bank, Savings and Investment Accounts
Checking: $21,303.41
Washington Federal Replacement / Special Assessment Reserve: $292,907.18
Sound Credit Union Savings: $127,481.29
Umpqua Bank 17-month CD: $238,246.52
Petty Cash: $100.00
Total Assets: $680,038.40
● For period ending June 30, 2017. Bank, Savings and Investment Accounts
Checking: $25,662.47
Washington Federal Replacement / Special Assessment Reserve: $299,777.23
Sound Credit Union Savings: $127,481.29
Umpqua Bank 17-month CD: $238,246.52
Petty Cash: $100.00
Total Assets: $691,267.51
Committee Reports
● At this time, there’s no new information on the residential/commercial structure (#3024635) planned for the east side of the alley. The Redwood Bar is still scheduled to close in November of this year.
Security
● Our security service has found multiple loiterers on the property in the last couple of months. Of course, they’ve asked them to move along. Most of these incidents have been in the night-time hours.
● Residential garage burglaries continue to occur. No report of locker or vehicle burglary in May or June had been sent to the Board. We strongly advise residents to never leave anything in lockers or vehiclesthat one does not wish to lose. Leaving valuables or even non-valuables in plain sight is an invitation for thieves. Non-resident owners, please discuss this continued security issue with your tenants.
Rules
● Recycling reminders : Our rules are identical to the City’s recycling rules. See the City of Seattle’s website for what is recyclable. The insulation or ice packs that come with prepared meal kits are not recyclable.Please place the insulation or ice packs in the garbage bins. Cardboard boxes should be collapsed so that there is room for all 115 units worth of recycling. Flat boxes take up a fraction of the space.
Old Business
● The roof contractor was here the second week of May to repair sections of roof on the east and west buildings.
● Pressure washing of the courtyard, front stairs, and ramp was completed in early June.
New Business.
● We’ve renewed our domain hosting.
● In regards to the upcoming state wide 10-digit phone number dialing, our phone systems were updated years ago to comply with the soon to be mandatory 10-digit dialing.
● A contractor has inspected the stucco on both buildings and sent a report to the Board. We’re in the process of reviewing their findings and will create a plan to maintain the stucco areas of the buildings. This project will be funded through our reserves, as we’ve been planning for this.
● Volunteers are needed to fill two empty positions on the Board. Meetings are scheduled the second Monday of each month. Please consider becoming a board member.
● Some water damage has been detected in the x09 stack. We’re having it inspected shortly to see if it’s an ongoing issue or from a previously repaired leak.
● The annual HOA meeting is Wednesday, July 12th. The annual minutes will be mailed separately.
Meeting adjourned at 7:09pm.
Next Board meeting is scheduled for Monday, August 14, 2017 at 6:30pm in Unit E108.
Ambassador II Condominium Homeowners Association:
506 E Howell St, Seattle, WA 98122 (not our mailing address)