BOARD OF DIRECTORS MEETING

Monday April 12, 2021  7:30pm

Roundup Report

Meeting Held Via ZOOM Meetings Online.

Important Note – The Meeting Roundup Reports are provided as a courtesy for Owners to review business the Board considered and conducted at meetings. They are not intended to replace actual meeting minutes. Minutes for each Board Meeting are typically drafted after the meeting and approved at the next regularly scheduled meeting, after which they are posted and available upon request. 

6:00PM – CLOSED SESSION (Via ZOOM With PT Board)

The Board met in Closed Session to discuss rule violations, personnel matters, and pending litigation.

7:30PM – OWNER FORUM – Via Zoom Chat 

The Board of Directors and Management welcomed and addressed feedback and questions from Unit Owners via ZOOM chat.

CALL TO ORDER

Board President Michael Parrie called the meeting to order at 7:37PM.

Roll Call – Confirm Quorum

Board President Michael Parrie confirmed a quorum of Board Members were present via ZOOM.

Present from the Board was Michael Parrie, Jean Shamo, Sheldon Atovsky, Monique Fouant and Catherine Kestler. Present from Management was Property Supervisor David Barnhart, General Manager Timothy Patricio, and Assistant Manager Christopher Rayburn.

Commission Reports

Health Club acting Chair and Liaison Monique Fouant reviewed activity underway on behalf of the Commission, including coming replacement of the coat rack, new pool equipment being considered, working on the coming membership survey, and the condition of the ping pong table.

To review the latest report from the Commission: Click Here

ASCO Liaison Catherine Kestler reported there was nothing of significance discussed at the most recent ASCO Meeting.

Social Commission Chair Sheldon Atovsky mentioned the next meeting will be Wednesday May 5th at 11am.

Home Improvement liaison Michael Parrie talked about business discussed at the April 7th Commission Meeting, including landscaping efforts for 2021, and the recommendation for BBQ stations to be installed on the 2nd Floor Roof Deck.

To review the full notes from the meeting: Click Here

The full reports are posted here with the permission of the authors.

 Board Report

On behalf of the Board, Board President Michael Parrier reported that the Board and Management have faced a higher number of complaints with regard to owners and residents not following the rules.  As a friendly reminder, the Board asks owners to:

• Please submit to Management their annual proof insurance renewal when appropriate, and in the future, add Park Tower as additional insured.
• Please report to Management any water dripping, leaking, or running so that maintenance can fix the issue and save the association money on water costs.
• Please follow trash etiquette. Please dispose of garbage in sealed bags and pushed all the way thru the chute.  No items should be left on the floor in the service area.
• Please make an elevator reservation with Management if you are moving out. Times available are Monday thru Friday, 9 am to 5 pm, excluding holidays.
• Please complete a Construction and Remodeling Packet if you are thinking about doing any work and be prepared to wait up to 20 business days for Management to approve or ask for additional information if needed. If you are hiring a contractor or generating any noise, then a packet is probably needed.
• Please continue to socially distance when possible, limit capacity on elevators to four individuals, and always wear your face-covering over the nose and mouth in the common areas.

Please be understanding of heating versus cooling and that it is not as simple as flipping a switch with our building’s mechanicals.  Maintenance’s first priority is to comply with city ordinance and provide heat.  It is not appropriate to have a fully functioning cooling tower when temperatures are forecast to go near freezing in the near future.  Furthermore, please take notice of Management’s announcements regarding exterior masonry work on the north and east brick walls, the Green Week activities, window washing, and continuing phases of the garage membrane project.  Finally, we have a residents’ forum on Monday, April 19^th at 7:00 pm.  All residents are welcome.

Action Items 

1. Closed Session Business

After a motion a by Michael Parrie, seconded by Sheldon Atovsky, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to direct Management to contact the Board attorney regarding an ongoing unit owner violation.

After a motion a by Michael Parrie, seconded by Jean Shamo, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to deny a unit owners hardship leasing exception request.

After a motion a by Michael Parrie, seconded by Monique Fouant, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to deny an owner’s request to remove a fine from their account.

After a motion a by Michael Parrie, seconded by Jean Shamo, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to fine 1 unit owner $50 for the first month, and to double thereafter for each subsequent month, up to a maximum fine of $200, for not attending the new residents’ meeting.

After a motion a by Michael Parrie, seconded by Catherine Kestler, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to fine 5 unit owners $100 for not having proof of insurance, and to double thereafter for each subsequent month, up to the maximum fine of $1,000 per month, until adequate proof of insurance is provided.

After a motion a by Michael Parrie, seconded by Monique Fouant, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to issue a final warning to an owner from 5455 N. Sheridan Road on a health club face covering violation, and that if this occurs again, then the health club membership will be suspended until the coronavirus pandemic concludes and face coverings are no longer required; additionally, the time from notice of violation to the board meeting will not result in a refund or extension of membership.

After a motion a by Michael Parrie, seconded by Monique Fouant, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to fine a unit owner  $100 for threatening behavior, which may double thereafter for each subsequent occurrence, up to the maximum fine of $1,000 per occurrence.

After a motion a by Michael Parrie, seconded by Sheldon Atovsky, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to fine a unit owner $350 for an unscheduled move and $100 for misuse of the luggage cart.

After a motion a by Michael Parrie, seconded by Catherine Kestler, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to fine a unit owner $100 for a construction violation that got corrected.

After a motion a by Michael Parrie, seconded by Monique Fouant, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to fine a unit owner $250 for a construction violation.

After a motion a by Michael Parrie, seconded by Jean Shamo, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to fine a unit owner $500 for negligence with unit maintenance.

After a motion a by Michael Parrie, seconded by Sheldon Atovsky, the Board of Directors voted unanimously in favor of a resolution to fine a unit owner $1,000 for negligence on water usage.

2. Minutes – Board Meeting March 8, 2021

After a motion a by Sheldon Atovsky, seconded by Catherine Kestler, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to approve the minutes from the Board Meeting held on Monday March 8, 2021.

To review or download the approved minutes, Board Minutes 03.08.21

3. Commission Charters and Memberships

After a motion a by Sheldon Atovsky, seconded by Monique Fouant, and discussion, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to approve the Commission Charters and current membership rosters, as presented by the Commission Chairs and acting chairs for the Health Club Commission, the Home Improvement Commission, the Rules and Regulations Commission (with noted edits in the opening correcting the formal name to be Commission, but referred to as a Committee), and the Social Commission.

Click Below To Review The Approved Charters:

Health Club COM Charter APPROVED 04.21

Home Improve COM Charter APPROVED 04.21

RulesandRegs COM Charter APPROVED 04.21

Social COM Charter APPROVED 04.21

4. 22.1 Disclosure

After a motion a by Jean Shamo, seconded by Catherine Kestler, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to approve the 22.1 disclosure as drafted for March 2021.

5. Health Club Maintenance Contract

After a motion a by Monique Fouant, seconded by Jean Shamo, and discussion,  the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to approve renewal of the 5 year contract for Health Club Cardio and Strength Equipment quarterly maintenance with The Fitness Connection, as proposed at a cost of $350 per visit for year 1, and $400 per visit for years 2, 3, 4 and 5.

6. Roof Deck BBQ Stations

After a motion a by Michael Parrie, seconded by Monique Fouant, the motion was amended by Michael Parrie and seconded by Monique Fouant, and the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to approve the installation of permanent grilling stations on the 2^nd Floor Deck, as proposed by the Home Improvement Commission with estimates by the Chicago Grill Company for a budget of $17,000, to be financed by the Reserve Fund, and the Board hereby grants the Home Improvement Commission authority to make the final design and material choices for the stations.

7. Boiler Refractory Replacement

After a motion a by Catherine Kestler, seconded by Jean Shamo, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to approve the budgeted replacement of the boiler refractories on the main heating boilers #1 and #2 as proposed by JT Thorpe for a cost of $49,354.

8. Domestic Water Pump #3

After a motion a by Sheldon Atovsky, seconded by Catherine Kestler, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to approve the budgeted replacement of domestic water booster pump and motor #3 as proposed by Fluid Technologies for a cost of $22,565.

9. Construction Requests

After a motion a by Michael Parrie, seconded by Monique Fouant, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to approve the remodeling plans of units 404 and 5304 as submitted by the unit owner, following the recommendations of the chief engineer as outlined in their written specifications and in accordance with the Rules and Regulations and remodeling guidelines of the Park Tower Condo Association.

Business Reports 

1. Treasurer’s Report

Board Treasurer Jean Shamo reviewed the February 2021 Balance Sheet and Statement of Income & Expenses as reported by the Habitat Company.

Fund Balances End of February 2021

Operating assets totaled $1,291,661, and the Reserve cash and investments were $2,716,349 for a total of cash and investments of $4,008,010.

February 2021 Revenue and Expenses

Total Operating Revenue: $520,168

Total Operating Expenses: $392,749

Income (Loss) From Garage: $25,703

Contribution To Reserve: $149,262

Total Surplus: $3860

2. Management Report

Property Manager Tim Patricio reviewed current business and activities of interest, items of interest from Maintenance, and the most recent sales activity.

ADJOURNMENT

There being no further business, after a motion a by Sheldon Atovsky, seconded by Monique Fouant, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to adjourn the April 12, 2021 Board Meeting at 8:18PM.

OWNER FORUM – Via ZOOM Chat

The Board of Directors and Management welcomed and addressed feedback and questions from Unit Owners via ZOOM chat. 

The next Board Meetings are scheduled for Monday April 26^th and May 10^th. A Resident Forum is also scheduled for Monday April 19^th at 7pm. All meetings will continue to be held online via ZOOM. Instructions to join the meeting will be posted in advance on our bulletin boards, and the website at www.ptcondo.com. 

ZOOM Instructions For April 19^th Resident Forum

ZOOM Meeting ID #898-5439-1347

ZOOM Meeting Link https://us02web.zoom.us/j/89854391347

ZOOM Conference #1-312-626-6799