Austin passed out a copy of the Financial Report YTD of 06/30/11
Year to Date Income
Income Association Dues- $18,788.14
Transfer to Escrow-------($2,690.00)
Interest-------------------$0.95
Total Income--------------$21,479.09
Expenses
Residence Insurance-------$3,836.58
Utilities/Maintenance
Alarm Service--------------$2,896.20
Electricity------------------$4,349.71
Lawn Care------------------$927.50
Snow Removal--------------$4,776.50
Phone Line (for fire)--------$1,494.31
RPZ/Backflow Testing------$0.00
Trash-----------------------$2,031.43
Water-----------------------$1,493.19
Electrical Work--------------$0.00
Rekeying Locks-------------$0.00
Garage Door Repair---------$0.00
Light Bulbs/tools------------$0.00
Pipe/Drywall Repair--------$0.00
Hoses & Sprinklers----------$0.00
Fix Roof Vents--------------$840.00
Fix Parking Lot-------------$0.00
Loan Repayments-----------$0.00
Miscellaneous Expense
Office Supplies/Utilities-----$129.92
Postage---------------------$0.00
Meeting Space--------------$0.00
Bank Fees------------------$12.00
Total Expenses----------$24,725.34
Net Income----------------($3,246.25)
Meeting
Randy will check on lights burnt out in hall buildings and get
them replaced.
Randy is trying to get in contact with Gee's Asphalt to have
them repaint the lines in the parking lot. Randy will have the
numbers repainted by condo directors.
We are still trying to keep cars from not parking in front of
1900 condos. the law states this is a main driveway into the complex
so we, the board, have the right to notify cars that disobey the
law can have them towed away at the owner's expense.
People should park their vehicles in their assigned parking
spot and/or in their assigned garage, not in the way for
Emergency vehicles or Fire engines. If someone is parking in
your assigned parking spot the homeowners are responsible
for calling the police (286-5491) for the unauthorized
vehicles removal from your assigned space.
Lynnae Kriz said their is gaps around the holes where the wiring
goes into the building that is letting in cold air and bugs. Randy said
he would try to get some foam in a can and spray around the areas.
Austin said that vents were leaking on top of the roof and so far he
has had 10 vents replace plastic ones with metal ones. Please let
him know if you have any water leakage problems from the roof.
Lynnae Kriz said their is a moth nest on the siding of the north
side of the 1960 bldg. We will see if we can get some bug killer
andspray the nest.
Barb Rogen noticed that in their 1940 bldg yard that someone
has removed 3 bushes, if anyone knows who removed them
please let Randy Crawford know.
Randy asked that if when you are putting your garbage and waste,
please put it in the dumpsters so they will take it. They will not
pick up stuff left on the ground.
Association fee was discussed that we need more money in
our reserve funds, for replacement of roofs in the near future.
Buildings 1900 and 1920 was built in 2004/ 2005. The
directors suggested we increase the fee to $10.00 per mo. and
then increase it again $10.00 more dollars the first of the year.
It was discussed and everyone decided to just increase it now
to $20.00 more a month now. We had a vote and the majority
decided we would raise it and start the increase on September
1st from $80.00 to $100.00 per month. We will reprint
monthly dues slips to pass out to owners with the new fee
and date due on them.
Randy asked people who have damaged garage doors please
have them repaired, they are responsible to keep up their
property.
It was brought up that there is an extra garage the Jerry's
homes own, but they do not pay dues for, due to the 8Th unit
not being built on 1940 leaves an extra garage. They told the
association we could buy the garage for $10,000.00, at this
time is not an option. The owners present at the meeting
thought it was only fair to assess a dues to Jerry's homes,
since we are losing out on the dues of a full unit.
Austin said he would check into that.
prepared by Sue Person (secretary)
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