Ambassador II Condominiums

Ambassador II Condominium Board Minutes
https://ambassador2.com

Monday, April 9, 2018

President: Brien Sherman
Vice President: Kenny Long
Treasurer: Jay Heath
Secretary: Vacant
Member At Large: Jeanne Perrin (absent)
Association Manager: Jack Taylor

Homeowners Forum
● No homeowner was present at the meeting this month.
Meeting was called to order at 6:33pm. The March 2018 minutes were approved as written.

Things to Always Remember
● GARAGE VEHICLE GATE: Before proceeding away from the building or to your parking space, pleasewait for the Summit Ave garage gate to close completely (Rule 3.17).
● GARAGE OPENERS: Do not leave garage remotes in vehicles (Rule 4.10). When a vehicle is broken into, thieves usually take the remote, as it’ll be much easier for them to re-enter the garage for additional burglarizing.
● PARKING IN GARAGE: The dentist office spaces are not to be used for guest parking. There is no guest parking in the garages. All parking spaces are assigned. Unauthorized vehicles may be towed without warning at owner’s risk and expense. Non-resident owners, please advise tenants. One tow request was made in March. The vehicle left before the truck arrived.
● WATER SHUT-OFF VALVE: Every unit has a water shut-off valve located above the water heater. This valve will shut water off to your whole unit.
● REGULAR UNIT INSPECTIONS: Owners not residing in their unit are strongly encouraged to inspect their unit on a regular basis, as tenants tend to not report damage to the unit. Non-resident owners who live out of the area are required by statute RCW 59.18.060(15) to have a local representative to protect their interests.

Treasurer’s Report
● For period ending March 31st, 2018. Bank, Savings and Investment Accounts
Checking: $23,400.25
Washington Federal Replacement / Special Assessment Reserve: $241,661.04
Sound Credit Union Savings: $227,529.31
Umpqua Bank 17-month CD: $239,113.12
Petty Cash: $100.00
Total Assets: $731,803.72

Committee Reports
● The 600 E Howell project scheduled start date is delayed a few weeks as permits have yet to be issued. (#3024635). Total project length is projected to be 16 months. No revised start date has been issued.

Security
● Continued burglaries of residential garages. Non-resident owners, please discuss this continued security issue with tenants. We strongly advise residents to never leave anything in lockers or vehicles that one does not wish to lose. Leaving valuables or even non-valuables in plain sight is an invitation for thieves. It is our individual responsibility to secure the building. No vehicle break ins reported last month.
● No packages were reported stolen in March.

Rules
● Please re-familiarize yourself with the Rules & Regulations, which may be easily found on the website.
● Recycling reminders : Our rules are identical to the City of Seattle’s recycling rules. An easy to read reminder is posted near the trash room door. Remember that no plastic or metal is permitted in the food and yard waste container.

Old Business
● A clogged drain line led to water damage in a single unit. Repairs essentially complete.
● The Ambassador I window project is ongoing. Scaffolding should be down on our side and on Summit by mid to late April.
● We are currently getting bids for the -04 stack stucco repair and refurbishment project. As mentioned before, this project will be funded through our reserves. We are anticipating a start date sometime in May. If we cannot start by the first of June we will likely postpone the project until the fall. Stucco does not cure properly in warmer weather.
● We have an opening on the Board. Any owner or resident is encouraged to stop by a meeting.
● Window and dryer vent cleaning was completed.
● Budgeting for the next fiscal year, is ongoing. We will have a higher than normal increase in homeowner dues. Significant Property Tax, Utility, and Insurance increases are the primary reasons the increase. There are also increased minimum wages that result in higher contracted services. Finally we have a Reserve account surcharge to repay borrowed money for leak repairs. We will announce the new budget next month.

New Business
● Our annual Reserve Study is complete and posted to our website.
● Our webmaster has rebuilt our website and moved it to a new host. There is no significant user change except the Event Calendar Page has been removed.
● The emergency light replacement project is finally complete. Our next project is to replace failing electrical outlets in the halls and walkways.
● New electrical meters will be the installed sometime in May. All unit residents will experience a brief power outage. City Light will send a postcard a couple weeks in advance and the person responsible for the bill should receive a phone reminder a couple days in advance. We will also post notices in the lobby. This is a Seattle City Light project.

Meeting adjourned at 7:10pm.

Next Board meeting is scheduled for Monday, May 14, 2018 at 6:30pm in Unit E108.
Ambassador II Condominium Homeowners Association:
506 E Howell St, Seattle, WA 98122 (not our mailing address)