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SNAKE RIVER VILLAGE
PERSONS PRESENT:
MIKE MAGLIOCCHETTI – Property Manager MEMBERS PRESENT:
CARL STIEHL – Secretary The meeting was called to order @ 7:05 P.M. Boiler Inspections At the July Board meeting, Mike Magliocchetti recommended that the boilers, water heaters, and gas stoves be inspected on a yearly basis to prevent the carbon dioxide buildup within the properties and to prevent leaks due to boiler failure. The board concurred and in the future, the inspections will be included in the budget. Any repairs identified in the inspection will be the responsibility of the individual unit owner. Mike arranged for two bids from local plumbers to perform the inspections. Mount Royal Plumbing and Heating bid is for $85.00 per property and Sinrom’s bid is for $195.00 per property. Sinrom’s bid includes the replacement of release valves and air vents, which they recommend being completed on a yearly basis. Mike Magliocchetti state from personal experience that he did not feel that the release valves or air vents needed to be replaced on a yearly basis. His home has the same boiler system and has not needed either item replaced in the last 3 years. After the inspections are completed, the companies agree to provide a list of recommended repairs by property with cost estimates. The repairs will not be completed without approval by Key to the Rockies or the individual owner. The board agreed to use Mount Royal Plumbing and Heating for the inspections with the agreement that he will compile a list with cost estimates for all recommended repairs for each property. Mike will contact the owners to review the property recommendations before Mount Royal begins any repairs. Front Doors Mike Magliocchetti recommended that all the front doors be sanded and stained before winter. He has obtained a bid of $35-$75 depending on the condition of the individual doors. If door has cracks or is warping then crack sealer or filler needs to be used before staining. Mike suggested paying for the door repair from the reserve fund so the repair could be preformed immediately. Charlie Papp motioned to move forward on fixing the doors and to use the reserve account for the project. Ed seconded the motion. The motion passed unanimously. ACH Withdrawals Previously, the board made participation in the ACH withdrawal of dues mandatory. Any owner refusing to signup for ACH withdrawal would be assessed a $5.00 service fee. Some owners were expressing frustration at the board’s decision and were refusing the pay the service fees. After some discussion, the board decided that the purpose of the mandatory involvement with the ACH collection was to stabilize the cash flow by preventing late payments. Jackie Gottschalk suggested changing the due date and statement date for homeowners to the 10th of the month which should have the same effect of stabilizing the cash flow. The dues statement would be printed on the 10th with any late fees assessed at that time. Jackie could bill the monthly dues a month in advance thus giving the owners plenty of notice. Mrs. Gottschalk will implement this change starting January 1st, 2007 and will mail out letters explaining the change before then. All board agreed to change the dues structure to be due by the 10th of the month and to pre-bill the dues in the prior month. The late fee penalty of 1.5% per month will still apply. General Maintenance Mike Magliocchetti informed the Board that the crack sealing of the asphalt was completed August 22, 2006. The exterior window washing is scheduled in the next few weeks. There being no further business to discuss, the meeting was adjourned @ 7:46 P.M. Respectfully submitted,
Jackie Gottschalk |
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