Masters Board Meeting
September 12, 2006
At Jan KunzeŐs house
The meeting was called to order at 7 p.m. The previous minutes were approved as written.
The overall financial condition is on plan with exception of painting costs that have not allowed us to contribute to the reserve fund.
Watering was done twice a day until recently. It has been cut back 25% with watering occurring every other day.
Gary Gorham gave Orv the formula for stucco repairs on our homes. The plan is to do repairs during Saturdays in September. Jerry McNevin has graciously agreed to head up the repair project.
The painting project is complete with the exception of the door at the home of Greg and Karen Harvey. Their new door was not in place when the project was done. The painters will return to paint their door.
SNOW AND LAWN SERVICE SITUATION
The Board discussed the fact there is some dissatisfaction with the current company, Concierge. We could possible attain someone to just do winter replacement, or continue Concierge for winter and look for a new service in March, or hire a new company for everything. As a Board, we plan to gather information and go look at the quality of work done by other companies. Orv will also look at previous bids as well as new companies to compare costs with Concierge.
COMPETITIVE MONTHLY RATE REVIEW
Orv and Karen reported on association dues assessed at other townhouse properties. The rates were compared by location, number of units, whether or not they had a management company and services included. The finding was that our dues are very near others of like properties. A side note was that one townhouse association paid their president and treasure a monthly fee.
FUTURE BOARD MEETINGS
Meetings will be held to work on proposed budget for 2007 as well as preparing for the Annual meeting.
October 10, 7 p.m. at Karen SturmŐs
November 21, 3 p.m. at Orv BratlandŐs
DonŐt forget to put the date on your calendar, December 8 at Orv and Elaine BratlandŐs.
The Board will acquire the actual cost of driveway repair.
A dead tree will be replaced at SturmŐs.
The meeting was adjourned at 9 p.m.
Respectfully submitted by Jan Kunze