Minutes, Management, September 19, 2023
Topics:
Tuesday, September 19, 2023, 7:00 p.m.
Present: Cheryl, Jorge, Scott, Kerry, Mary, Kay (notes), Vinnie
Action Items
Insurance Deductible
Insurance agent sent us the premium numbers for changes in our deductible. Our current deductible is $10K, the premium is $27,506.96. Our current policy ends in November. We should make a decision before that. (Can we make such a change during a period, not just at renewal?)
Is this a decision Management can make or does it need to go to the community? Kay thinks it's a Management decision. A good idea would be to announce at an ACM that we are discussing it and ask for anyone with concerns to talk to us.
Budget
There isn't (currently) a form to fill out for budget requests.
Carol's Foundation
Engineer said we should check whether the footers for Carol's foundation are below the frostline. Top should be below 36". Suggested we should do a notice on the title to give future owners saying the association isn't responsible for defects due to improper construction. Because a contractor can't warranty that more cracks won't occur, they won't attempt repairs; any fix would be cosmetic, putting a coat of stucco over the concrete.
Gutter
Have one estimate; two more vendors are coming this week.