Inner Harbor Village Condominium Association

Meeting Minutes for September 10, 2004

Opening: The regular meeting of the IHVCA was called to order at 3:00PM on September 10, 2004 in the Bay Club, by Bob Force.                       

Board Members Present: Bob Force, Mason Rothenburg, Pegi Graham, Greg Hupp, Margie Garcia, Janet Force (accountant).

Guests Present:  Brett Oemichan, John Emery.

Approval of Minutes:  August minutes approved first by Mason Rothenburg, seconded by Gregg Hupp.

Financial Report: Read by Janet Force. It was noted the water bill is excessive.

Committee Reports:

Pegi Graham and Gregg Hupp: It was noted that hole in N. Keel road needs filling. Three buildings have had their railings completed. One needs one of its bases waterproofed.  Buildings 1 and 2 have cracks in their steps. Mulicoat is scheduled for application on buildings 1 and 2. Tree at building 5 needs pruning to accommodate deck work.  We received bid of $780.00 for deck repair of building 7. The owner states she will pay half. Bid for deck repair on building 9 too high. We will get new bids. Building 3 has carpenter ants in the stairs, not known how extensive. Flashing on building 7 needs to be renailed. Pegi Graham is to order Multicoat for buildings 1, 2, and 3.

Bob Force for Kees Bouterse: Water needs to be turned off for the rainy season. The landscaping service has been non-responsive to reset sprinklers. Mason Rothenburg and Bob Force will look at timers. Drain at building 15 needs to be lowered. We will have management company look at it.

IHVCA Management Options: The board agreed to hire Michael Derrig and Associates knowing we had a 60 day right to terminate the agreement without cause.  We will review management cost/savings at each future board meeting. No plan for future dues increases to cover management cost until cost/savings are realized.

Other Business: In the need to increase reserve funds, Bob Force suggested we poll residents as to their preference to A) increasing dues or B) having a special assessment are preferred. It was noted that we may need to go into reserved funds for the bank stability issue. Also noted was the need to revisit the proposed new railings.

Adjourn: Meeting was adjourned at 4:48PM by Bob Force.

Minutes submitted by: Margie Garcia

Approved by:

10/08/04