Return to Meeting Minutes home page

CASA DEL SOL
BOARD OF DIRECTORS MEETING MINUTES
November 3rd, 2004

Frank Dean called the meeting to order at 7:07 pm via teleconference.

Attendees:
Frank Dean, Gene Miesse, Bob Siskind, George Hanks, Louie Napoli and Marci LaRue.

Board members absent:
Anne Giannelli

Reading and approval of the 10/13/2004 CDS Board meeting minutes:

Motion:
A motion to waive reading and approve the minutes from the 10/13/2004 board meeting was made by George Hanks and seconded.
The motion passed unanimously.

Review of Financial Results:

Frank Dean confirmed the Checking, Savings and Accounts Receivable account balances: Checking - $32,095.46 Savings – $128,607.85 & A/R - $9,758.34.

Motion:
A motion to approve the financial results was made by Marci LaRue and seconded.
The motion passed unanimously.

Review of Proposed FY 2005 Budget:
Frank Dean prepared a seven year (FY 99, 00, 01, 02, 03, 04 & 05) budget comparison. The proposed Budget for FY 2005 was discussed in some detail and Frank asked the board members to review the proposed budget and be prepared to approve a FY2005 budget at the next board meeting.

Canal Side Repairs/Maintenance Project:
Frank Dean reported on his recent visit to the job site and conversations with Walt Smelter the contractor. Severe rot is being uncovered; Unit #662 had rotted floor joists, Unit #660 the 3 rd floor window fell out when the siding was removed. There are large sections of T1-11 that you can pull apart with your hands. The 3 rd floor rot in this building is the most severe rot we have experienced to-date. Walt's crew noticed that many third floor ceilings were water stained. Walt did a quick inspection and advises that nearly all third floor ceilings show signs of water damage.

Roof Assessment:

We now have bid requests out to 6 different roofing companies:

•  Atlantic Roofing System

•  CRS Roofing

•  CC Oliphant & Sons

•  Reid & Taylor Roofing

•  Bob Siskind - Contact

•  Bob Siskind - Contact

A return date of 11/15/04 has been requested for the bids.

Owner Requests:
No owner requests have been received since the last meeting.

Old Business:

•  Animal proofing and insulation of the plumbing chase:

Margie reported that 50 units are in need of the repairs to correct openings to the underside of the unit through the plumbing chase. Two options, both costing $80.00 per unit, were discussed in detail. Option 1) – Install non-rusting rat wire from the inside of the unit and use standard fiberglass insulation to fill in around the pipes. Option 2) - Install non-rusting rat wire from the inside of the unit and use low expansion spray foam insulation to fill in around the pipes.

Motion:
A motion to select option 2 was made by Bob Siskind and seconded.
The motion passed unanimously.

Margie Rus (Mann Properties) will advise the contractor to start as soon as possible.

•  Heat Tape for the main water line in the 770 Building

Motion:
A motion to have Patchett Electric remove any defective heat tape and insulation from the main water line and install new heat tape and to have Jim Horseman reinsulated the main waterlines was made by Bob Siskind and seconded.
The motion passed unanimously.

Margie Rus (Mann Properties) will advise the contractor to start as soon as possible.

New Business:
None

Next Board Meeting:
The next board meeting is scheduled for Wednesday December 8 th , , 2004 at 7:00 pm .

Adjournment:
On a motion to adjourn by Bob Siskind, Frank Dean adjourned the meeting at 7:45 pm .

Prepared by:

C. E. "Gene" Miesse
Casa Del Sol Board of Directors Secretary