|
CALL TO ORDER
The meeting was called to order by Lance Parker, Interim President at 6:32pm. Eight (8) owners were in attendance.
ESTABLISHMENT OF A QUORUM
There is a quorum of four (4) Board members present.
ACTION ITEM #1: APPROVE MINUTES
Lance Parker made a motion to approve the minutes from the July 29th, 2020 Board of Directors
meeting as presented. This was seconded by Del Cahill. The motion passed unanimously.
TREASURER’S REPORT
Lance
Parker, Board Treasurer gave the Treasurer’s Report. As of September
30th, 2020 the Association has $166,428.23 in our operating account.
Our reserve account has $604,024.20. Total assets $770,452.43.
ACTION ITEM #2: APPROVE 2021 BUDGET FOR DISTRIBUTION TO HOMEOWNERS
John Higginson made a motion to approve the 2021 budget for
distribution to the homeowners. The 2021 budget calls for a 3.25%
increase. This was seconded by Neal McCrillis. The motion passed
unanimously.
ACTION ITEM #3: APPROVE PREMIER DOORS PROPOSAL FOR STAIRWELL DOORS
John Higginson made a motion to approve a budget of $5,500 to install
the doors. This was contingent on approval from Klein and Hoffman for
fire codes. This was seconded by Neal McCrillis. The motion passed
unanimously.
ACTION ITEM #4: APPROVE NEW INTERCOM SYSTEM
Lance Parker made a motion to approve the installation of a new
intercom system. The new system would allow residents to view the guest
calling them through an app on their smart device. This would also
allow for more entries and area codes. S&P Integrations will
install this and setup the new database for $4,484.80. The board asked
for more information on the subscription. This was seconded by John
Higginson. Del Cahill voted against. The motion passed.
ACTION ITEM #5: APPROVE SECURITY CAMERAS FOR ELEVATORS AND UPGRADE LOBBY CAMERAS
The board discussed the addition of cameras to the passenger elevators.
A decision was made to upgrade 2 of the lobby cameras and not install
cameras in the elevators. Neal McCrillis made a motion to upgrade 2
lobby cameras. This was seconded by Del Cahill. The motion passed
unanimously.
ACTION ITEM #6: APPROVE PROPOSAL TO UPGRADE FOB SYSTEM
John Higginson made a motion to upgrade our access control system and
adding fob readers to the front, rear, G1, G2, G3 and G4 for a cost of
$21,386.93 plus a budget of $4,500 for the elevator technician’s
support. They have also included $4,200 to purchase of 500 fobs and
program them. This was seconded by Lance Parker. The motion passed
unanimously.
MEETING ADJOURNMENT
Lance Parker made a motion that the meeting be adjourned at 5:35pm.
This was seconded by Del Cahill. The motion was passed unanimously.
|
