LA GRANDE PROVENCE
CONDOMINIUM ASSOCIATION, INC.
BOARD OF DIRECTORS MEETING
MARCH 3. 2014
Bob Cory called the meeting to order at 2:20 pm.
Barbara Cooledge, Dave Luenzmann, and David Yoder were present representing a quorum; also present was Karen Hopkins representing Preferred Management Services. There were no guests.
The February 10, 2014 Board Meeting Minutes were approved.
ELECTION OF OFFICERS:
The Board members remain in their previous positions as follows, with the exception of
Dave Yoder who has filled the position as Treasurer when Marilyn Jones resigned. Current Board positions are:
- Robert (Bob) Cory, President
- Jeanne Kiley, Secretary
- Dave Yoder, Treasurer
- Dave Luenzmann, VP
- Barbara Cooledge, VP
REVIEW OF ACCOUNT FOR UNIT 1203
We’re continuing with collections through the GAP program as well as further recommendations on money judgments. In addition, we are contemplating a change in Legal representation.
KONE ELEVATOR PROPOSAL AND BILLING
The Board accepted and approved the expenditure of $66,000 to update our four elevators; this will cover new door operators, clutch, car door tracks and new hoist way and car rollers.
The main elevator in each building will be handled first.
REVIEW OF FINANCIAL REPORT:
We are in excellent shape and expect the CPA audit to be completed shortly. Our Reserve Fund totals $642,700.
Our new vendor, Waste Pro, is working out well; although there may be a need for an additional bin, Karen will monitor how much, if any, overflow happens in the next few weeks and make a judgment at that time.
The Gate Access computer has been updated; please ensure that your visitor guest information is accurate and current.
The fountain at Building I is in need of repair. Karen will investigate and see if parts are available and what will be needed to restore it to working order.
There being no further items to discuss, the meeting adjourned at 3:15 pm.
Jeanne Kiley, Secretary