MADWA BOARDMEETING

 

Held December 21,2011, at 5:00 p.m. at Dick MerrillŐs Home

 

 

Attendees: Brian Loftus, Gary Reinecke and Dick Merrill.  Present by invitation was Sundance Representative, JoshSeykora.

 

A motion was made and seconded to waive the reading of theminutes of the last meeting.

 

Old Business:

 

The Board reviewed with Josh the following items to becompleted by Sundance in 2012 on homes under remediation:

 

1.                  Installall missing stair rails;

2.                  Repairor replace any soffits damaged during remediation;

3.                  Installmissing door bells;

4.                  Completeinstallation of exterior trim work.

 

The Board discussed pricing and installation of additionalgutter work requested by homeowners and not paid by the Association:

 

1.                  Homeownersmay contract directly with Fox Gutters by calling Steve at

                        651-480-3154;

2.                  Guttersfor the back side of the house and garage (long side) are $406.00

                        perhome;

3.                  Anyadditional gutters will be installed at $4.50 per lineal foot.

 

Address plaques were reordered and will arrive soon.  Gary Reinecke prepaid the invoice frompersonal funds.  A motion was madeand seconded to reimburse Gary $2,384.74 for the cost of the plaques.

 

TreasurerŐs Report:

 

The Board reviewed the status of remediation funds collectedand disbursed to date to contractors. Depending on the number of windows replaced on the next 12 homes and ourpast experience as to unforeseen items, we should be within 1% (plus or minus)of funds on hand and receivables due on the assessment.

 


 

New Business:

 

Gary reported the Association was advised of a priceincrease for Anderson Windows of 3% commencing January 1, 2012.  The Board discussed purchasing somewindows at 2011 prices based on the experience of windows replaced on the 18homes completed.  After reviewingthe windows previously ordered, a motion was made and seconded to order severaldifferent sized windows at a cost of $46,734.00.  This will result in a cost savings of $1,400.00 and avoidthe reset charge of $180.00 for each window we have in our inventory.

 

Respectfully submitted,

 

 

 

Richard A. Merrill, Secretary

 

 

 

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