B & R Pest
Control
Third Thursday of every
other month
Feb-April-June -August-Oct-Dec
Third Thursday - Beginning
at 9:30 a.m.
DESOTO ASSOCIATION CONDOMINIUM
EMERGENCY BOARD MEETING MINUTES
MONDAY, OCTOBER 10, 2016
CALL TO ORDER:
The meeting was called to order by Tony Armes at 6:30pm.
VERIFY QUORUM:
President-Tony Armes, Secretary-Toni McCollom, Treasurer-Jill Vogel and
Directors Josh Aikens and Darrell Davis were in attendance. Kathy
Watts represented Dragon Property Management. Also in attendance
were Eileen McGowan-unit 3, Lynn Davis-unit 4, Susan Suomi-unit 5, Nancy
Armes-unit 6, Al Figuly-unit 10, George Dolomanuk-unit 14 and Pat &
Vince Santino-unit 15.
UNFINISHED BUSINESS:
-
North & East pool fence
and garage door replacement: A spreadsheet was distributed showing
the cost of the garage entrance doors. The Board discussed imposing
a Special Assessment at the September meeting. The fence for the
north and east side will cost $6,494.00 plus $800 for the damaged gazebo
removal which totals $7294. The cost of six (6) garage entrance doors
plus hardware, permitting and installation will cost $4500. Tony
Armes made a motion to Special Assess all owners for the fence replacement
and the replacement of six (6) doors and hardware totaling $11,794.
Total assessment for each unit will be $655.00 and can be split into 2
payments, if necessary, one for $327.50 due December 1st and the second
for $327.50 due on January 1st. The immediate funds for the fence
payment will be borrowed from Reserve Painting then replaced when the Special
Assessments are paid. Any excess funds from the Special Assessment will
be deposited into Deferred Maintenance. Josh Aikens seconded the motion
and it passed by unanimous voice vote. The Board discussed getting
a few bids for the installation of the garage entrance doors.
NEW BUSINESS:
-
Property Insurance Discussion:
Kathy explained that since any damage was due to a named hurricane, our
deductible would be 3% of the property value which would be upwards of
$60,000. Some condominiums opt for a 5% deductible which would lower
the insurance premium but greatly raise the deductible.
PROJECTS: (in order
of importance)
1) Seal asphalt
NEXT MEETING:
The next Board Meeting is scheduled for November 14, 2016 at 6:00pm.
ADJOURNMENT:
With no further business to discuss, Jill Vogel made a motion to adjourn
the meeting at 7:15pm. Toni McCollom seconded the motion and it passed
by unanimous voice vote.
Respectfully submitted,
Toni McCollom
Board Secretary |