The 2010 Annual Meeting of the co-owners of the Manors at Central Park was held on Wednesday night, Jan. 20, 2010.
A quorum of co-owners were in attendance for this meeting, of which the main order of business was to elect one co-owner to the Board of Directors of the Manors at Central Park Condominium Association.
Michael Grobbel was the only co-owner who was nominated for the position and he was unanimously re-elected for a one-year term.
The "unapproved" meeting minutes can be read here.
During the meeting, I mentioned that the Board will be soliciting quotes from multiple painting companies as the first step towards initiating an exterior repainting program. I explained that building exteriors typically need to be caulked and repainted every five or six years to keep up the appearance and avoid deterioration and that if the Board did not take action soon, we would be risking even higher costs down the road. We have 46 units that were initially painted during 2004 and this will be the sixth year of exposure to the elements for those paint jobs. 48 more units were initially painted during 2005 and 2006 and there are another 11 that were first painted in 2007. Here is a list of all units arranged in their approximate construction order.
The consensus of the co-owners in attendance was that they felt we should not delay the start of the repainting program beyond 2010. Rather than increase the monthly association fee and fund the repainting out of the operating budget, I explained that the Board would prefer to levy a Special Assessment to pay for this work. More information will be forthcoming once we have competitive bids in hand and have a realistic estimate of the cost.
At the meeting I also mentioned that myself and several other co-owners recently had cellulose insulation blown into our attics to bring them up to R-49. I have received my first gas bill and after comparing it with a neighbor's bill, I've calculated that my gas consumption has been reduced by about 20%. We received estimates from three different suppliers and went with Ace & Sons Insulation.
