Minutes December 3, 2006
Attendees:Marty (Unit 1)
Chris (Unit 1)
Devin (Unit 2)
Rhett (Unit 3)
Andy (Unit 3)
Review of Last Meetings Notes
1. Rats
City has left traps now, they had some challenges setting them because our gate was closed. Chris bought rat “deterrent” – Andy says this will make the rats very thirsty and want to leave. Andy will be in charge of setting this.
2. Trash Bins
Devin says he thinks they are getting rid of the trash on Wednesdays or Thursdays, not certain. We all agreed, as the trash bins are full we put one out and then collect them from the alley when they are empty. Still, the neighbors are putting trash alongside of our bins. Rhett to send a letter to the building next door because they are putting their trash next to ours.
3. Front Entrance
Rhett and Andy bought a quick layer “cover” to put over the existing marble but it has to be above 50 degrees. We will try this and see how it works once a warm day comes along – if there is a surprise warm day, Andy and Devin will work immediately to do this. Requires 8 hours (overnight) to dry.
4. Front Door
The space guard looks good and works well! Devin bought a vacuum for $30 with a 100 ft. cord; he will clean the hallway shortly and leave out for Rhett and Andy to use.
5. Money Update
Current balance is $2,549.84 with $450 in last month’s dues left to be deposited. We should get money for the other billboards this month. Chris asked if we should advise the billboard companies that the new building is coming in; as per our legal counsel, we should not do this until construction begins.
Andy noted that we should have at least a $5,000 running balance. As such, agreed to increase association dues to $200 as of January 1, 2007.
6. Leaks in Equinox
Devin tried to get an on-line quote to match the work but to no return; that site seems to be not as frequently used as before. Chris will get another bid and then will provide all the information about these companies so that we can call them with any questions we have, then we will make a decision.
We should anticipate paying up to $20,000 to fix this, so we all need to be prepared to pay for this. All funds need to be secured by the next meeting on January 6, 2007. The chosen company will have a representative present at this meeting for any questions and to go over the work – the company should be prepared to start the work 14 days after the meeting if there are no concerns.
Equinox’s insurance will not pay for this work.
7. Insurance
Current insurance is St Paul Travelers – annually $2,923 for $807,000 worth. Two quotes offered to change insurance – State Farm at $2,776 and Nationwide at $2,963. This isn’t enough to make the change worthwhile, however, Chris will review the insurance policies to see if there is any superior coverage we would get with the new insurance.
New Items
No new items.
Next Meeting - January 6, 2007 at 11.30am. Construction company to fix leak will be present!
posted by Retro @ 10:37 AM
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