PRELIMINARY DRAFT 

This “Preliminary Draft” may differ in some particulars from the official minutes (PDF icon at upper right-hand corner of this page).

In Attendance

George Pauley, President; Lorraine Meyers, 1st Vice President; Sandra Goldberg, 2nd Vice President; William Fortuna, Secretary; Tim Patricio, Property Manager; Mavis Mather, Assistant Manager Business Operations

Absent

Laura Cossa, Treasurer

Call to Order at 7:39 pm

Four Board Members were present constituting a Quorum as defined by the Association’s Declarations and the Illinois Condominium Property Act.

Agenda

Upon due motion by Sandra Goldberg and seconded by Lorraine Meyers, the Board voted unanimously to accept the proposed agenda.

Laura Cossa arrives at 7:42 pm

Budget Category Proposed Budget Recommendation/Votes – Changes to Reserve Projection 2010/11

Terrazzo Sealing – Leave in reserve projections as is.

Masonry – Leave in reserve projections as is.

Hall Carpets – Leave in reserve projections as is.

Life Safety – Leave in reserve projections as is.

Riser Repairs – Leave in reserve projections as is.

North Drive Asphalt – Leave in reserve projections as is.

Party Room Rehab – Leave in reserve projection – reduce expense to $10,000.

Branch Lines – Leave in reserve projections as is.

Pipe Insulation – Leave in reserve projections as is.

Exterior Sealants – Leave in reserve projections as is.

HVAC Capital Work – Leave in reserve projections as is.

Compactor – Leave in reserve projections as is.

Commercial HVAC – Leave in reserve projections as is.

Add to reserve projection GREEN PROJECT – Replacement of chiller/cooling tower water “chemical” treatment system with non-chemical “physical” treatment system.

Adjournment

Upon due motion by Sandra Goldberg and seconded by Lorraine Meyers, the meeting adjourned at 10:05 pm.

Signed (as seen on pdf, clickable at upper right corner of these minutes)

George Pauley, President

William Fortuna, Secretary