INNER HARBOR VILLAGE CONDOMINIUM ASSOCIATION

Board of Directors Meeting

May  9, 2008

 

 

The meeting was called to order by Dan Quail.  Present were Dan Quail, Pegi Graham, Bev Rothenborg, Bob Edelbut, Ruth Seaberg, and prospective new board member Jan Lucas.  Also present were homeowners Greg Hupp, Bob Force, Donna LeFrere and Bob Bethea.

 

Minutes of the April 11 meeting were approved, with correction of the meeting date.

        

The April financial report  was reviewed by Bev Rothenborg.  All bills have been paid and all assessments received.  The transfer to reserve account has been done.  The checking account has a balance of $28,578; the reserve CD account has a balance of $98,108.  As of April 30 we are $3,242 under budget.

 

Bob Edelbut gave the landscaping report.  Normal spring tasks are being done.  Some vine maples need to be trimmed on the bank.  Bob is discussing the issue with Wildflower.

 

Pegi reported on maintenance.  The pest control service has been done on Buildings 9, 10, 11 and 12    Roof  repairs have been completed on Buildings 2 and 7; cost of repairs was approximately $500.00.  Repairs to Building 5 have been completed that include sidewalls on front stairs, venting, replacing supports, water proofing and siding replacement due to dry rot damage;  cost of repairs $4,596.89.  We have a contract for replacing stairs and railings  with composite  on Buildings 3 and 4 , also venting and waterproofing.  The contract is for $9,387 14 each.   Building 4 had extensive dry rot in the supporting beam beneath the porch.  A large pillar needs to be replaced.  Cost is not known at this time. Work on Building 3 will begin the end of May.

 

Donna LeFrere and Bob Bethea presented their concerns about replanting between Buildings 4 and 5.   When some trees were recently limbed, it  took away  some of their privacy .  They would like consideration of the following:

 

       1 -  Planting of trees to conceal electric boxes on Building 5.  The Board is to

              respond by Friday, May 16 as to acceptable trees or shrubs.  The  Association

              will pay for the least expensive and the homeowner will pay additional if

              preferred.      

            

 .      2- Planting of arbor vitae to conceal their  propane tank.  The Board gave approval  

    for them to proceed with this.

 

  

          3 - Dry rot has been found underneath stairs in Building 4. Stairs and railings need

                 to be replaced.  Building 5 will be examined for dry rot also.  When the stairs 

                 and railings are replaced, Bob and Donna would prefer to retain the old style

                  railings instead of the new  style composite.  Gregg  Hupp pointed out that                  

                 when the South Bay Community Association Architectural Review

                 Committee (ARC) approved the composite, they required that replacement of                      

                 stairs and railings must be done in a consistent manner on all buildings.                              

                 If it is less expensive to repair railings  than replace them,   they can be

                 refurnished in the existing style.                                                      

  

 

Two individuals are being interviewed  for the position of property manager:  Mike Perillo  of  C& M Roofing, and Dan Lanksbury  of D& D Landscaping.  The Board tabled a decision.  We will need a special meeting.

 

Income options were discussed.  A survey of homeowners is being conducted  t o determine  their  preference for a 5% dues increase  or cancellation of  paid cable TV.  This issue will be decided at another time.                                                 

 

There was a discussion about the new Senate Bill 6215 regarding reserve funds and resale certificates.  We are in compliance with most of its provisions.

 

The meeting was adjourned at 5:00 p.m.                                                                                      

 

                                                                               Respectfully submitted,

 

                                                                                Ruth Seaberg, Secretary