MANAGER’S REPORT

Units for sale or rent

#1505 Short sale closed as scheduled and 2 months assessments and late charges were collected and disbursed by closing agent to PPCA.

Administrative

1. Received rebate check from Ameriflood in the amount of $1,680.
2. DiIorio paid $80,000 at set-up / mobilization to be deducted from future payments.
3. Production and distribution of proposed budget and budget meeting notice accomplished on time with assistance from unit owners.
4. No satellite TV service unless / until association approves and signs a contractwith provider.
5. Our insurance agent, Richard Gross with Advanced Insurance Underwriters will be here Tuesday, November 25th late morning. Meet him or submit any questions that you may have or need answered.
6. The association has used coupon books for the past ten years to help remind the owners about their monthly assessment. Price doubled to $2 per book. Continue to use or forget about it?
7. The board of directors is charged with repairing and maintaining the condominium, and providing the necessary services to the community. It should also enhance the property when necessary with the support of the membership.
8. Over the past ten years, various boards have developed some long-range goals or a list of things they would like to see done. See list elsewhere.
9. Manager was informed that Jean Bowen’s #1005 health is failing. Also, John Carr #1002, fell and is in the hospital.

Building & Property

1. Cracked bathroom waste line of #306 in the ceiling of #206 over shower was repaired by Amelia Plumbing at cost of $333.45.
2. The wall in the Clubroom over the windows leaks. Suggest that we hire a foam company to spray and seal the entire west wall on the inside.
3. The electric circuit in the mechanical room on each floor is not grounded. This is a code violation that needs to be corrected. Verbal estimate from Crawford Elect. is $3,000.
4. The lightning arresting systems on top of the building is defective. Aluminum wire was used and is broken. Crawford estimates that repair or replacement will cost thousands of dollars. He will do a proposal IF board is serious about repair or replacement.
5. The wiring in the spa room was redone to meet code and eliminate the mild shock when grasping the handrail.
6. Garage card reader is defective. Sometimes it works and sometimes it doesn’t. The new replacement card reader didn’t work either! Chinese manufacturing????