March 7, 2001

Board members present:

Tom Alexander
James Call
Joe Fisher

Guest:
Mike Courtney (Fiscal Manager)

President Tom Alexander established a quorum of the Board was present and began the meeting. The first item of discussion under Old Business was the current status and interest rates on the Association bank accounts. Mike Courtney reported that Association Reserves were in a Money market account at National Bank of Alaska, drawing 3.14 APR. He produced account information flyers from Northrim Bank and NBA. NBA had slightly higher rates. James suggested discussing other options later, as Gloria Kron (another Board Member) was not present and he felt she might have additional ideas.

Mike read the Board Meeting Minutes from the February 7, 2001 meeting. James motioned to approve them, Tom seconded and the motion passed unanimously. James had a list of unresolved issues from previous meetings, which he felt needed to be addressed. Joe Fisher was concerned about the Cable television equipment, whether it was functioning properly, and the impact of having the bulk cable contract terminated Joe was also concerned that the television antenna on the roof was not in good working order and needed repair. After much discussion, the Board agreed to have Joe arrange for repair of the antenna, with an expense cap of $500.00. They also discussed the possibility of having the cable system receive signals from the lobby camera. They agreed to wait on further action or discussion on the cable issue until the Association received a response from GCI on whether the contract could be canceled. Joe agreed to look into the possibility.

James suggested hat the Board look into a report from Lillian Lack had incurred damage to her car from the stucco/painting contractor. Joe agreed to look into that matter also. Tom agreed to get with Ed Enders to discuss the window-washing contractor, and ask if they would perform some necessary exterior caulking also. Joe suggested AAA Window cleaning, since he knew they do caulking work also. Joe agreed to check with them, as he was familiar with the company. James agreed to get with Central Plumbing to have a cover put over an exposed sprinkler head in the 7^th floor trash chute, put a locking mechanism on the thermostat on the heat register in the lobby, and repair an exterior water spigot.

Tom reported that he had met with McKenna brothers, who had been selected for the asphalt crack filling and seal-coating.  They want to start the job as early as possible. Tom was still in the process of finalizing their bid and agreed to report more later. 

There was discussion on the “junk” items sitting in the basement, and all agreed to meet the following Saturday to haul the unnecessary items to the dump. All agreed to postpone discussion of House Rules and reserve accounts until the next meeting.

New Business:  James felt that the Board needed to review its position on parking rules, as it appeared that some of the areas used for Woronzof parking on the west end of the building did not belong to the Association. The snow pile in that area had been a source of concern over the winter also. There was some discussion on whether to enforce parking regulation in that area, and how many cars should be allowed for each owner/tenant. No resolution was apparent. Tom agreed to approach the neighboring landscape business owner to see if a snow removal agreement could be reached.

Delinquencies: James asked Mike Courtney to ensure that the Association is following the Declarations for assessing late fees and delinquent charges. James also had some estimates for roof repair after a recent wind. Tom and Joe both wanted to see the damage before approving bids, and suggested getting additional repair estimates also.

The meeting was adjourned at approximately 9:35PM.