MINUTES OF FAIRBOURNE CONDOMINIUM ASSOCIATION BOARD OF DIRECTORS MEETING December 17, 2008 ROLL CALL: L.Maslyk, R.Gannon, S.Jakobi, I.Hippert and D.Laue CALL TO ORDER: L.Maslyk called the meeting to order at 8:00 A.M. MINUTES: Approved as posted. PRESIDENT’S REPORT: L.Maslyk reported the following. 1. Federation plans to hire a Kings Point City Manager, a balloon payment on the recreation facilities is coming due next year, each unit owner should review WCI bankruptcy notification for potential liabilities and commencing in 2009 each unit owner can vote for their District Director. 2. The Federation has approved a new Bright House Contract with a $1.5M signing bonus. 3. I.Hippert reviewed the services/costs of the new Pest control contract with Prevail. Cost/Services have also been posted on community boards. BOARD ACTIONS: 1. The Board approved placing the additional 3’extension (total of 8’/rear only) on the annual ballot. Lawyer’s fees estimated at $300. 2. The Board approved placing a change to the voting requirements (current majority votes VS total votes cast on the annual ballot. Lawyer’s fees are estimated at $300. P.Campagna/C.Johnson/V.Insigna volunteered to contact unit owners regarding items 4/5 above to emphasize the importance of voting at annual meetings. 3. It was noted that the homeowner is responsible for any damages to either the shrubbery or irrigation equipment, which is caused, by either the homeowner or any of their visitors. The Board also approved removing a diseased Palm Tree costing $85 (no replacement tree at this time) TREASURERS REPORT: R. Gannon reported the following: 1. Treasurer’s Report of 10/25/08 has a net gain of $1,294. Also reviewed the proposed fiscal year 2010 budget. Association fees are estimated at $400/406 per month commencing 4/1/09. The proposed budget will be discussed in detail at the annual meeting. UNFINISHED BUSINESS: 1. L.Maslyk will post a listing of the action plan for dead shrubbery at the January 13th, 2009 meeting. Unit owners should notify Linda or your POC to ensure any dead shrubbery are on the list. MINUTES OF FAIRBOURNE CONDOMINIUM ASSOCIATION BOARD OF DIRECTORS MEETING-Continued December 17, 2008 UNFINISHED BUSINESS (Continued): 2. L.Maslyk/D.Laue will develop a reminder memo to homeowners’ regarding the association vs. unit owner’s responsibilities regarding 1) Coach lights, 2) Downspouts, 3) Lawn Ornaments 4) Driveways 5) Shutters 6) Windows/Doors and 7) Homeowner’s Plants. 3. Several driveways are either heaved or cracked. Paul Campagna volunteered to review driveways for other maintenance issues. This issue was deferred to a future Board Meeting. 4. Sterling Management to provide advice to the associations regarding the new requirements for the FL-718 Insurance Statute. 5. The Board approved establishing a sign committee to develop and present a proposal (cost/color scheme) and report findings at the January 13,2008 Organizational Meeting. GOOD & WELFARE: 1. Happy Holidays to All! L.Maslyk adjourned the meeting at 10:00 AM. Submitted by _________________________ Approved________________ D.Laue, Secretary Date |
