In Attendance

George Pauley, President; Michael Parrie, 1^st Vice President; Tom Wartowski, 2^nd Vice President, Betty Terry-Lundy, Secretary; David Nicosia, Treasurer; Dave Barnhart, Property Supervisor; Tim Patricio, Property Manager; Mavis Mather, Assistant Manager

Call to Order at 8:18 pm

Roll Call

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

Item 2

Upon motion by David Nicosia and seconded by George Pauley, the Board voted unanimously to approve eliminating the garage telephone expense and to relocate the allowance to the Association’s Budget -category telephone.

Item 3

Upon motion by George Pauley and seconded by David Nicosia, the Board voted unanimously to eliminate the $56,000 expense to remodel the elevator interiors from this year’s budget.

Item 4

Upon motion by David Nicosia and seconded by David Nicosia, the Board voted unanimously to change the valet parking rates as recommended by the Budget and Finance Committee:

• 1 hour $10.50
• 1-3 hours $12.50
• 3-6 hours $16.50
• 6-8 hours $20.00
• 8-24 hours: $35.00

Admin Expense – Office Supplies

Upon motion by George Pauley and seconded by David Nicosia, the Board voted unanimously to accept the Committees recommendation to reduce the office supplies expense from $4,700 to $4,200.

Admin Expense – Professional Fees

Upon motion by David Nicosia and seconded by George Pauley, the Board voted unanimously to accept the Committees recommendation to increase the expense to $15,500 to include the cost of the triennial tax appeal.

Admin Expense – Telephone

Upon motion by George Pauley and seconded by David Nicosia, the Board voted unanimously to accept the Budget and Finance Recommendation listed as 1.c.

Admin Expense – Telephone

Upon motion by George Pauley and seconded by David Nicosia, the Board voted unanimously to accept the Budget and Finance Recommendation listed as 1.d.

Admin Expense – Miscellaneous Administrative

Upon motion by George Pauley and seconded by David Nicosia, the Board voted unanimously to accept the Budget and Finance Recommendation listed as 1.e.

Payroll Expense – Janitors Payroll

Upon motion by George Pauley and seconded by David Nicosia, the Board voted unanimously to accept the Budget and Finance Recommendation listed as 2.a.

Payroll Expense – Recreation Payroll, Doorman Payroll, and Administrative Benefits

Upon motion by George Pauley and seconded by David Nicosia, the Board voted unanimously to accept the Budget and Finance Recommendation listed as 2.b, 2.c, and 2.d.

Contracted Expense  Uniforms, HVAC Maintenance

Upon motion by George Pauley and seconded by David Nicosia, the Board voted unanimously to accept the Budget and Finance Recommendation listed as 3.a and 3.b.

Operating Expense – Maintenance Supplies

Upon motion by George Pauley and seconded by David Nicosia, the Board voted unanimously to accept the Budget and Finance Recommendation listed as 4.a.

Operating Expense – Exterminating

Upon motion by George Pauley and seconded by David Nicosia, the Board voted to accept the Budget and Finance Recommendation listed as 4.b. George Pauley, Betty Terry-Lundy, and David Nicosia voted in favor; Michael Parrie and Tom Wartowski voted against; the vote passed.

Operating Expense – Dry Cleaning/Receiving Room

Upon motion by George Pauley and seconded by David Nicosia, the Board voted unanimously to accept the Budget and Finance Recommendation listed as 4.c.

Maintenance Expense – Keys/Locks/Doors

Upon motion by George Pauley and seconded by David Nicosia, the Board voted unanimously to accept the Budget and Finance Recommendation listed as 5.a.

Maintenance Expense  Floors/Floor Tile

Upon motion by George Pauley and seconded by David Nicosia, the Board voted unanimously to accept the Budget and Finance Recommendation listed as 5.b.

Maintenance Expense – Security System

Upon motion by George Pauley and seconded by David Nicosia, the Board voted unanimously to accept the Budget and Finance Recommendation listed as 5.c.

Maintenance Expense – Security System

Upon motion by George Pauley and seconded by David Nicosia, the Board voted unanimously to accept the Budget and Finance Recommendation listed as 5.d.

Maintenance Expense – HVAC Supplies

Upon motion by George Pauley and seconded by David Nicosia, the Board voted unanimously to accept the Budget and Finance Recommendation listed as 5.e.

Maintenance Expense – Roof Repairs

Upon motion by George Pauley and seconded by David Nicosia, the Board voted unanimously to accept the Budget and Finance Recommendation listed as 5.f.

Maintenance Expense – Windows & Glass

Upon motion by George Pauley and seconded by David Nicosia, the Board voted unanimously to accept the Budget and Finance Recommendation listed as 5.g.

Maintenance Expense – Fire Prevention

Upon motion by George Pauley and seconded by David Nicosia, the Board voted unanimously to accept the Budget and Finance Recommendation listed as 5.h.

Recreational Expense – Fitness Center

Upon motion by Tom Wartowski and seconded by Michael Parrie, the Board voted to not accept the Budget and Finance Recommendation listed as 6.a. Tom Wartowski voted in favor; George Pauley, Michael Parrie, Betty Terry-Lundy, and David Nicosia voted against; the vote failed.

Recreational Expense – Fitness Center

Upon motion by George Pauley and seconded by David Nicosia, the Board voted to accept the Budget and Finance Recommendation listed as 6.a. George Pauley, Michael Parrie, Betty Terry-Lundy, and David Nicosia voted in favor; Tom Wartowski voted against; the vote passed.

Garage Expense – Parking Tax, Telephone, Admin, and Worker’s Comp.

Upon motion by George Pauley and seconded by David Nicosia, the Board voted unanimously to accept the Budget and Finance Recommendation listed as 7.a, 7.b, 7.c, and 7.d.

Income – Garage Income

Upon motion by George Pauley and seconded by David Nicosia, the Board voted unanimously to accept the Budget and Finance Recommendation listed as Income – 1.a.

Income – Other Income

Upon motion by George Pauley and seconded by Betty Terry-Lundy, the Board voted unanimously to accept the Budget and Finance Recommendation listed as Income – 2.a.

Reserves – Plumbing Projects, Roof Repairs, Garbage Elevator

Upon motion by George Pauley and seconded by Tom Wartowski, the Board voted unanimously to accept the Budget and Finance Recommendation listed as Reserve – 1, Reserve – 2, Reserve – 4.

Assessment Increase

Upon motion by David Nicosia and seconded by Michael Parrie, the Board voted to accept the Budget and Finance Recommendation of a 3.5% assessment increase. Michael Parrie, Tom Wartowski, Betty Terry-Lundy, and David Nicosia voted in favor; George Pauley voted against; the vote passed.

Adjournment

Upon due motion by David Nicosia and seconded by Michael Parrie the meeting adjourned at 9:43PM.

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

George Pauley, President (12/8/14)

Betty Terry-Lundy, Secretary (12/8/14)