Board Present: Lyle Schwartz (president), Zlatan Beca, Makarand
(Mak) Dehejia, Elisa Siegel, Christopher Wemple, Jimmy Whalen
Others Present: General Manager MaryAnn Hall, Jeremy Tucker
(ECA Legal Counsel, Lerch Early & Brewer)
This meeting was a
teleconference. Despite misgivings by
the Board president, it ran efficiently and well.
Highlights of the meeting:
President’s Remarks:
—Good Samaritan among us: Tobi Esler reported that she responded
to Gwen Mak who made an offer via BuildingLink to fill grocery orders for
anyone who needs help Toby said it was a ray of sunshine.
Text is
quickest: 7032820477
Email: gwenmak@gmail.com
Email: gwenmak@gmail.com
—Upcoming Board Meetings: could be teleconference or
audio/video conferencing.
—Garage Work: continues on schedule
—Emergency Radio Antennae for police and fire
communications: Waiting for revised proposals from two vendors under
consideration. This will cost about $200,000.
—Hall Renovation: planning with Hartman Group still ongoing.
Expect a final design package in next few months. Owners will be able to understand
what is happening via audio/video teleconference.
---Reserve Study. In
the process of getting a revised Reserve Study, a best practice in condos every
3-5 years to project reserves. The
Study report provides a comprehensive architectural and engineering review of
the entire property, projects the useful life of the boiler, elevator, roof and
other components, as well as the cost to repair and/or replace them and the
amount of money to be set aside each year to meet that cost. According to industry standards, condominiums
should maintain a balance in the Reserve Fund of 10% - 20% of the total
component replacement value, more on the higher end for older buildings. The total value of components in the
Elizabeth as of the last study was $17 -18 million.
Motions:
Contract with Gates
Hudson: Board unanimously approved
for another year on the advice of our legal counsel Jeremy Tucker. This includes
help with financial data and we can cancel after a-60 day notice. The main complaint involves delinquencies.
Tucker said there is no perfect management company. He pointed out that
performance has increased dramatically in the past year, there is a risk
associated with changing to a new management company, and this is not a good
time to try another company in the middle of
the pandemic Coronavirus.
Increase Funding in
Replacement Reserves: Board unanimously
approved moving additional funds from checking account to the replacement
reserves while we had the money to do so. This will cover the unexpected
expense of the emergency radio antennae for police and fire communications
within our building
— Annual Meeting: Board unanimously approved postponing the
annual meeting to a date to be determined and in a second motion and action to
keep the candidate election on the current schedule.
Management Report:
For an electronic copy, contact the management office
at ecamanagement@elizabethcondo.com
—GM and assistant GM will work remotely from home part time.
They have been issued laptops.
—Garage Project in Part II (Coating and painting) fourth of
twelve two-week phases.
—Covid19 Status: no one currently has the virus in the
building that is known.
—Reduced hours for cleaning staff: won’t be collecting
recycle daily.
—Ceiling Tiles in Pool: will be replaced during this period
when the pool is closed.
—Brass and Marble: Odyssey Restoration will continue working
to restore the marble floors.
I reported these concerns to our Board President:
—Dust from garage
needs better ventilation. I am suffering allergic reaction on a daily basis.
When the coating is done, the noxious fumes also increase my allergic symptoms.
—Traffic pattern in
garage is most challenging yet. It require one-way traffic through a path
with 2 turns. Board president says nothing can be done about this, but I am concerned
that this will cause collisions, damage to cars, and increased anxiety and aggravation
to those required to drive through this maze
—Infrequent removal
of recycle from the floors: Residents need to be reminded to wash out
containers to avoid insects and bad odors. My floor typically has overflowing bins,
so I am not in favor of housekeeping neglecting this chore.
Other Comment:
Request
for contractors working in private apartments: Keep
six-foot social distance from residents, especially those exiting the elevator.
No comments:
Post a Comment