Board of Directors Meetgin Minutes 10/23/12

SAMMAMISH WATERWAY CONDOMINIUM ASSOCIATION

BOARD OF DIRECTORS MEETING MINUTES – APPROVED

OCTOBER 23, 2012

6:30 PM

1.                  Call Meeting to Order 6:36 pm. Board Members in attendance: Aliya Nylander, Erik Noyd, Pam Bryant, James Allen and Andrea Liggett from RCA Management: Nate Andres

 

2.                   Approval of Previous Board Meeting Minutes

A.     *September 25, 2012  - Pam 1^st, Erik 2^nd  

 

3.                   Comments or Questions from Homeowners

A.     #3206 – Sliding Glass Door Defect – Statton Glass – under investigation

B.      #3302 – Exterior Light out – Maintco Construction Scheduled October 23, 2012

C.      Other?

 

4.                   Financial Report

A.     *Financial Statement Review – dropped to estimated budget area of agenda

B.      *Delinquency Review – title acquired in 6203 trustee sale

 

5.                   Property Maintenance Report

A.     Fire Panel Replaced on Building 5 – complete

B.      Unit 6203 Purchased at Trustee Sale October 19^th, 2012 – by association

C.      Loose Stair at Building 5 Repaired – complete

D.     Chase Cover Repairs Complete – check in mail

 

6.                   Committee Reports – Volunteers Needed!!!

A.     Landscaping

B.      Entrance Signage – see below

C.      Rules Enforcement

D.     Community Website

 

7.                   Old Business

A.     Tree Removals & Replacements; Permits & Tree Bonds (Removal Complete Replacement scheduled for October) – City of Redmond/Davey Tree – Oct 26^th estimate for replacement

B.      *High Risk Components Amendment

a.       Insurance 47.14% Approve – High Risk Management – 39.5% Approve – 1 more arrived today

C.      Entrance Signs- Sign Pros – down payment check; flag to be placed for where sign should be located; not to be looked at under or over, should be back enough  -- new position for signs to be determined

D.     Resident Information Forms

a.       96 of 102 Received – Fine Letters Mailed

E.      Smashed Downspouts on Carports – Allied Metal Fabrication 25 down spouts protectors; Erik 1^st , Pam 2^nd  

F.      Digital Communication – Tops – on-going

G.     Tar-Like Substance – where siding meets deck; only a few locations; received email response from Morrison Hershfield – suggested option cleaning instead of taking off siding; Erik 1^st & Andrea 2^nd ;

H.     FEMA Map Update – FEMA sent docs for flood plan; certified in 1995 did not need flood insurance; Need to recertified w/FEMA – contact Triad Associates who did before. Vote over email

I.        Other?

 

8.                   New Business

A.     *Reclassification of Tree Work – large trees taken down -- City of Redmond, Davey Tree, Erik Noyd (permit fees) moved to reserve study budget; Aliya 1^st James 2^nd  

B.      Draft 2013 Budget – board reviewed; largest over budget is legal fees for individual owners until collected & water loss repairs (35k) un-budgeted

C.      Other? – Repair / replacement of broken concrete curbs; get bid

D.     Comcast Letter – renew of 10yr commitment, they would compensate association $10,200.00 

 

9.                   Set Date, Time, & Location of Next Meeting (?)
revamped again – moved to 2^nd Tuesdays of month, start Dec 11^th and Jan 8^th 6:30-8:30p

 

10.               Adjourn – 8:47pm