SAMMAMISH WATERWAY CONDOMINIUM ASSOCIATION
BOARD OF DIRECTORS MEETING MINUTES – Approved
AUGUST 12, 2008
6:30 PM
1. Call Meeting to Order – Meeting called to order at 6:35pm. Present were Board Members Robert Folgadalen, Kent Hutchings, Derek Moore, Erik Noyd & Thomas Smith; and Community Association Manager Richard Redelfs.
2. Approval of Previous Board Meeting Minutes – May 13, 2008 – Minutes approved.
3. Comments or Questions from Homeowners
A. Building 5 Handicap Sign – Will post new sign supplied by association manager.
B. Blackberry Bushes – Tabled until Treasurer is available to discuss (most familiar with project).
C. Theft in Bike Room Reported – Remind homeowners and residents to lock up valuables, even in the bike rooms.
4. Financial Report
A. Financial Statement Review
a. CDs – Venture Bank & WAFed
b. Insurance Reserve Check – Need Signatures
B. Delinquency Update – One Account > 30 Days Past Due as of 08/12/08
Heidi Hansen, #6203 – $519 Past Due
5. Property Maintenance Report
A. Recycle Dumpsters – Waste Management – Odd spot due to wheels; bike room still accessible.
B. Skylight Leak – #5306 – FYI – Temp. repair; will be covered during upcoming construction project.
C. Fire Alarm – FPI – Called in and battery replaced at bldg. 6.
D. Landscaping – Condo Commercial
E. Pest Control/Feral Cats – Suspended temporarily; problem seems resolved for now.
F. Lighting Maintenance – Sun Lighting – President to look into replacing bulbs.
G. Janitorial – ALTA – Vice President to perform recon and assess situation.
Debris Underneath Stairs
6. Committee Reports – Volunteers Needed!!!
A. Landscaping
B. Rules Enforcement
7. Old Business
A. Restoration Plan –Details will be made available to homeowners soon; as details are worked out by board and stakeholders.
a. Building Envelope – Morrison Hershfield
b. Association Funding – Foundation Bank, Venture Bank
c. Amendments & Legal Consultation – James Strichartz
Board approved separation of proposed amendments to declaration into two separate items to be voted upon. Two proposed changes to Declarations are: High Risk Components & Financing Authority-Secured by Special Assessments. To be presented to ownership for approval
d. Mortgage Company Contact Information – 75/102 Received
e. Energy Rebates – PSE
f. Special Owners Meeting – Lake Washington School District
B. Review Signage in Common Area – Tabled Until After Major Project
a. Building 5 Handicap Sign = Will be replaced.
C. Resident Manager Job Description – Tabled Until After Major Project
D. Water Damaged Bathroom Sub-Floor @ #6204 – Homeowner caulked entire tub surround and installed splash guards.
8. New Business
9. Set Date, Time, & Location of Next Meeting - TBD
10. Adjourn – Meeting adjourned at 8:15pm
