IMPORTANT NOTE: The “Post Meeting Roundup” is neither official meeting minutes, nor is it intended as a replacement of actual meeting minutes for Board Meetings.  The minutes of any given meeting are typically not available until after they are reviewed and approved by the Board, which usually occurs at the next scheduled meeting.  Rather, the roundup is a review of the activity and business considered at the meeting as observed by management, provided as a courtesy and convenience.

BOARD OF DIRECTORS MEETING

Monday March 28, 2016 at 7:30PM

2nd Floor Party Room

OWNER FORUM – 7:30pm

The Board and Management addressed questions and feedback from owners present.

OPEN SESSION – 7:48pm – Call to Order/Confirm Quorum

Board President George Pauley called the meeting to order and confirmed a quorum of members was present.

Present from the Board at the meeting was George Pauley, Board President; Michael Parrie, Board Vice President; Betty Terry-Lundy, Secretary; David Nicosia, Board Member; and Jean Shamo, Board Treasurer. Present from Management was Timothy Patricio, Property Manager.

Committee Reports

There were no reports, however there was a reminder that the Budget & Finance Committee is meeting on Wednesday April 6th at 4:30pm in the Party Room.

Additional Agenda Items

After a motion by Michael Parrie, seconded by George Pauley, the Board voted unanimously to add two action items to the Agenda for consideration; Approval of the Laundry Room Operator License contractor and adding a member to the Green Committee.

Action Items – New Business

Closed Session Business

After a motion by Michael Parrie, seconded by George Pauley, the Board of Directors voted unanimously in favor of a resolution to fine owners who have not produced adequate proof of insurance coverage $100, to be doubled each month until it reaches $1000 per month, and to continue being charged until such time as adequate proof of insurance is submitted to the Association.

After a motion by Michael Parrie, seconded by George Pauley, the Board of Directors voted unanimously in favor of a resolution to fine a unit owner in case #2.27.16, $50 for excessive noise and $50 for abusive and threatening language.

After a motion by Michael Parrie, seconded by George Pauley, the Board of Directors voted unanimously in favor of a resolution to fine a unit owner in case #2.23.16, $250 for excessive cigarette odors.

Minutes – Board Meeting March 14, 2016

After a motion by Betty Terry-Lundy, seconded by George Pauley, the Board of Directors voted unanimously in favor of a resolution to approve the minutes of the Board Meeting held on March 14, 2016.

2016 Annual Meeting Schedule

After a motion by Michael Parrie, seconded by Betty Terry-Lundy, discussion and an amended motion, the Board of Directors voted unanimously in favor of a resolution to approve scheduling the 2016 Annual Meeting of the Unit Owners and Board Election for Monday June 13th at 7:30pm in the 2nd Floor Party Room, with the initial announcement to be mailed by Friday April 15th, forms for candidates of record for the election to be due in the Management Office no later than 5pm on Friday May 13th, the Annual Meeting Notice to be mailed by Friday May 20th, a candidate ‘Meet & Greet’ on Saturday June 4th, and a ‘Meet the Candidates’ night on Wednesday June 8th.

Reserve Study Update

After a motion by Jean Shamo, seconded by Dave Nicosia and discussion, the Board of Directors voted unanimously in favor of a resolution approving the proposal by Reserve Advisors to complete a formal update of their 2014 Park Tower Condo Association Reserve Study, at a cost of $10,900.

Outdoor Pool Resurfacing

After a motion by Betty Terry-Lundy, seconded by George Pauley and discussion, the Board of Directors voted unanimously in favor of a resolution approving resurfacing of the outdoor pool as proposed by All Season’s Pool & Spa at a cost of $13,800.

Lobby Door Enclosure

After a motion by Dave Nicosia, seconded by Jean Shamo, discussion and an amended motion seconded by Betty Terry-Lundy, the Board of Directors voted unanimously in favor of a resolution approving construction of the proposed north lobby door wind break enclosure by JLJ Contracting, including replacement of the existing north lobby door and drafting of the necessary drawings to apply for the requisite city permits at a cost not to exceed $40,000; management will submit the professional drawings to the Board for final approval prior to seeking a permit and beginning construction.

Laundry Room Operator License

After a motion by Michael Parrie, seconded by Betty Terry-Lundy and discussion, the Board voted unanimously in favor of a resolution approving the laundry room operators license as proposed by Family Pride, LLC., under Plan III, with agreed upon amendments to the license by the Association’s legal counsel, at a commission rate of 72% of sales to be paid to PTCA.

Green Committee Membership

After a motion by Michael Parrie, seconded by Jean Shamo, the Board voted 4 in favor and one abstention to approve appointing Unit Owner William Kay, Unit 4201, to the Green Committee. Dave Nicosia abstained.

Management Report

Property Manager Tim Patricio advised the Board and Owners present that an F.A.Q. (frequently asked questions) would be distributed later this week in response to questions the office is getting regarding the Bulk Thermostat project. Also, window washing is scheduled to begin the week of April 11th and the seasons garage power washing is being targeted for mid-May. Also, Otis Elevator will be taking car #3 out of service for about a week to make necessary repairs. Finally he advised the Board that Social Committee Chair Don Yuratovic had resigned, and that we desperately need a new Chairman to plan and coordinate the 4th of July Party.

The Board President directed Management to post an announcement requesting volunteers for the Social Committee, including specific responsibilities for the Chairman.

ADJOURNMENT

There being no further business, after a motion by Dave Nicosia, seconded by Betty Terry-Lundy, the Board of Directors voted unanimously in favor of a resolution adjourning the March 28, 2016 Board Meeting at 8:14pm.

OWNER FORUM

The Board and Management addressed questions and feedback from owners present.

The next meeting date is Monday April 11th at 7:30pm in the Party Room.

The next Owner’s Forum meeting is scheduled for Wednesday May 4th at 7pm in the Party Room.