PS Condo Meeting April 19,2016

PS Condo Meeting April 19 2016

Members Missing: MD,KG,ML

PK conducted the meeting
Our insurance agent came to give us another option to our present policy with Citizens
Which has to be renewed by this Tuesday. He apologized for the lateness but he said
He was waiting for quotes.
The other insurance policy would be with American Coastal. The yearly fee would be much less
But there would not be any guarantee that next year they would not raise it surpassing what
Citizen would charge us. We got a$10,000 raise from last year. At Citizen we are considered
A grand father client so we have some guarantees that we might not have with a new
company. The deductibles are different
The board has to decide whether to switch or stay with Citizen. Our building is valued at $29 million and the appraisal was done in2013
IL from the audience suggested that the agents should make a spread sheet of the two different
Policies. Good idea !
JM from the audience asked if he considered any other insurance companies- answer United
andHeritage declined.

Manager’s Report:
The forum on April 5th was successful and the next one is May 3rd

Cooling Tower: still on going investigation

Asphalt and Drainage the same as above

The manager is not pleased with the new elevator company. They are even more expensive. each month

Sauna – GD suggested a carpenter to do the installation. He will charge $ 1900. The board said ok except BG who abstained then changed to nay.

There was a core study of the roof and it might not have to be totally redone but only patched.

The Decorating Committee:
Has met and will be ready for the May meeting

Condo Docs are at the attorney and ready soon

A basket on the door – is my door – the discussion went on for a long time and will be reported on separately in this blog.

TV for the card room. H M proposed the buying of it by the social committee approximately $1000 for a 55 / 60 inch but the monthly cable fee is to be paid by the association-$900 per year

there was a vote and it would not have past if GD had not changed his vote from nay to yea

BG said there has to be a set of rules in place.

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