posted Feb 11, 2013, 7:44 PM by peterc@saxonyhoa.org
Saxony Owners Association Board of Directors Meeting Minutes May 14th, 2012 Meeting called to order 7:08pmEstablishment of Quorum 4 board members Approval of April Minutes Approved via emailReview of Monthly FinancialsOperating Funds $132,066.38Settlement Funds in OP $204,609.69Petty Cash $250.00Maintenance Reserves $213,448.47Insurance Reserves $16,867.74Insurance Reserves – FHA Deductible Sub-Account $2,499.99Total $570,575.60Outstanding Financial Commitments $0.00Homeowner’s ForumIssues called to attention: - Discussion regarding renting units
- No rental cap
- Homeowner must provide tenant info to SUHRCO
- Any noise problems should be reported to Marcel
- Cigarette butts and ashes in bldg G foyer
- EUROMAINTENANCE is cleaning regularly
- Post signs around building?
- Back gates in building F and G are broken
- Marcel will ask charter to fix
New Business:- Accept F203 settlement?
- BOD approved accepting settlement offer and closing account
- G304 Water leak issues
- Charter found roof to be source of leak
- Both roof and damage to unit are now fixed
- Schedule town hall meeting?
- Wait until scope is decided and we have more information
- Storage area key request
- Michelle will handle
- Back flow testing
- Marcel coordinated with Lauren to have testing completed
- No action required from the board unless there is a problem
Ongoing Projects:- Website
- Follow up with Peter on status
- Building A call boxes
- Page has fixed all issues
- Reserve study
- To be scheduled upon approval of scope of work
- Contract questions settled
Summary of Motions Approved by BOD- Accept F203 settlement offer and close account
Summary of Action Items from May Meeting- Marcel – request Charter to fix building F and G back gates (done)
- Marcel – notify Association Reserves to hold off on completing study until scope of work has been defined (done)
Homeowners Session Adjourned @ 8:09PM |
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