BOARD MEMBERS PRESENT: Pat Schoen, Tom McQuillan,
Marilyn Beck, Jincy Boerner
MANAGEMENT
PRESENT: David
Pollard, Facilities Manager
Mike Maloney, CFM
HOMEOWNERS PRESENT: Finance Committee
Members: Judith Greig, Les Bergen, Vicki Langbein,
Sandy Hodapp, Jim Mailor
The Board
Meeting was called to order at 7:00pm.
The Minutes of
the January Board Meeting were approved unanimously with no changes.
VICE
PRESIDENTS’ REPORTS:
Tom McQuillan,
Treasurer, introduced Anne Plante, CPA, of Singleton & Bardowski, who
presented the draft audit to the Board and Finance Committee members. Anne noted that the Arbor was in excellent
financial condition again. She said that
the Arbor’s expenses were lower than budget, and that was “a good thing.”
Marilyn Beck, VP
of Buildings, stated that she had received feedback from committee members on
the issue of propane fireplaces, and that there were 2 main concerns: that the propane line NOT be laid on any
common area, but in the back patio area of the unit, and that the Board receive
copies of the Arlington County permits (3 needed) and a copy of the Arlington
County inspection report. Marilyn will
prepare guidelines on this issue for the Board.
Jincy Boerner,
VP of Community Affairs, noted that the pool was still covered in ice.
Tom McQuillan,
Treasurer, stated that a
T-strip in the amount of $102,000 was redeemed in February
2003. This money will be used toward payment of the ongoing
roofing project.
FACILITIES
MANAGER REPORT: David Pollard stated
that the recent severe snowstorms of 12+ inches had caused ice dams on some
Arbor roofs which resulted in water inside units. He will visit these units to determine the
amount of damage.
MANAGEMENT REPORT:
Mike Maloney of CFM stated that it appears that the insurance industry may
raise rates 20% this year. All of this
goes back to September 11. Mike also
reported that our “delinquencies are in great shape”---meaning that the Arbor
currently has NO delinquencies!
It was noted
that the Annual Election Meeting would be held on Thursday, April 24,
2003. A deadline of Wednesday, March 12,
was set for receipt of resumes from candidates for the one position to be
filled.
The meeting was
adjourned at 8:50pm.