LA GRANDE PROVENCE
CONDOMINIUM ASSOCIATION, INC.
BOARD OF DIRECTORS MEETING
DECEMBER 5, 2011
Tony Papandrea called the meeting to order at 11:00 a.m.
Barbara Cooledge, Bob Cory (via telephone) and Jeanne Kiley were present as well as Karen Hopkins from Preferred Management Services.
Minutes of the November 8th and November 15, 2011 Board Meetings were approved.
The purpose of this meeting was to review a proposal from Kone, Incorporated, a company specializing in vertical transportation, to monitor, maintain, and service the elevators in Building I and II. The representatives from Kone outlined their maintenance procedures as well as costs and response times to emergency call outs.
Comparing the costs we currently incur, we would realize a savings of approximately $2700 per quarter.
Based on their presentation, their highly rated Company performance and the obvious savings to our bottom line, the Board voted to accept their proposal effective January, 2012.
There being no further business to bring before the Board, a motion was passed to adjourn the meeting at 10:50 am.
Jeanne Kiley, Secretary