BOARD OF DIRECTORS MEETING

Roundup Report

Monday August 27, 2018 

2nd Floor Party Room

6:30PM – Closed Session (Held by Board in Management Office)

7:00PM – Life Safety Town Hall Meeting

Management presented basic procedures for high rise life safety and emergency response, and reviewed the City’s “C.A.L.M.” procedure, as well as distributing updated Resident Emergency Procedures handbook.

For a copy of the City’s “C.A.L.M.” handout, Click Here.

For a copy of the PTCA Resident Emergency Procedures manual, Click Here.

OWNER FORUM

The Board and Management addressed feedback and questions from Unit Owners.

OPEN SESSION – Called to Order following Life Safety Town Hall Meeting

The meeting chair, Board President Michael Parrie, called the meeting to order at 7:55PM.

Roll Call – Confirm Quorum

The meeting chair confirmed a quorum of Board Members are present. Present from the Board was Board President Michael Parrie, 1st Vice President Paul Heck, 2nd Vice President Monique Fouant, Treasurer Jean Shamo, and Secretary Kenneth Anderson.

Present from management was Draper and Kramer Property Manager Timothy Patricio and Assistant Manager Yvonne Sanchez.

Action Items – New Business

1.  Closed Session Business

There was no business from Closed Session requiring a motion or resolution.

2.  Minutes – Board Meeting August 13, 2018

After a motion by Ken Anderson, seconded by Paul Heck the Board of Directors voted 4 to 1 in favor of a resolution to approve the minutes from the Board Meeting held on Monday August 13, 2018. Monique Fouant abstained from voting.

For a copy of the approved minutes, Click Here.

3.  Low Zone Hot Water Storage Tank

After a motion by Paul Heck, seconded by Monique Fouant and discussion, the Board of Directors voted unanimously in favor of a resolution to approve replacement of the low zone hot water storage ‘expansion’ tank, as a reserve expense, as proposed by WJ O’Neil at a cost of $35,460, as well as an additional provision not to exceed $5000 for insulation of the new tank.

Management noted proposals were received just before the meeting for the insulation work, and that it can be completed within the estimated $5000 provision.

Management Report

Property Manager Tim Patricio reviewed items of interest from the monthly activity report for June and July, including recent sales activity.

ADJOURNMENT

After a motion by Monique Fouant, seconded by Paul Heck, the Board of Directors voted unanimously in favor of a resolution to adjourn the August 27, 2018 Board Meeting at 8:01PM.

OWNER FORUM

The Board and Management addressed feedback and questions from Unit Owners.

Next regular Board Meetings – September 10th and 24th