2014 Budget

All co-owners should have received a letter in the mail from Kramer-Triad informing them that their monthly Association fee will be the same in 2014 as in 2013.

That mailing included this one-page financial report containing information that the Board of Directors is obligated to provide to each co-owner on an annual basis.

At the top of that page is a Balance Sheet showing our financial status as of Nov. 30, 2013, the latest date for which that information is available.  The lower half of that page contains a summary of the 2014 Budget that was adopted by the Board of Directors at their Nov. 22, 2013 meeting. Click here to view the detailed 2014 Budget.

Dec 18th Lombardo presentation

Here is a summary of last night's meeting, which includes a link to a PDF file containing Greg Windingland's presentation slides describing Lombardo's proposed "Lancaster at Central Park" subdivision:

http://centralparkassociations.blogspot.com/2013/12/dec-18th-lombardo-meeting.html

Upcoming Meetings

1. There will be a meeting for all Central Park residents on Wed. Dec. 18, 2013, at 7:00 PM in the Shelby Twp. Municipal Building Board Room. Greg Windingland (VP – Lombardo Homes, Inc.), will make a presentation and answer your questions about their plans to develop two vacant parcels that are located south of North Central Park and east of East Central Park.  More information and a map showing the locations of the vacant parcels can be found by clicking here. 
2. The 2014 Annual Membership Meeting of the Manors at Central Park Condominium Association will be held on Wed. Jan. 15, 2014, at 7:00 PM in the Shelby Twp. Municipal Building Board Room.  Sign-in will begin at 6:30 PM.  Please mark your calenders.  More information will arrive in the mail shortly, including a General Proxy form (also available on-line by clicking here).

Minutes of Nov 22nd BoD Meeting

MANORS AT CENTRAL PARK
CONDOMINIUM ASSOCIATION
Minutes of the 22 November 2013
Meeting of the Board of Directors of the
Manors at Central Park Condominium Association
(APPROVED)

1.       Meeting was held at the offices of Kramer-Triad Management Group, L.L.C., 320 East Big Beaver Road, Ste 190, Troy, MI 48083.

2.       Meeting began at 9:40 AM ET; Quorum was established with all three Board Members being present.  Board Members present: President Mike Grobbel, Treasurer Larry Cybulski, and Secretary Bhartan Amin (by teleconference).  Also present: Ryan Dorner (Kramer-Triad property management).

3.       The Board approved the agenda for this meeting.

4.       The Board approved the meeting minutes of the Meeting of 27 September 2013.

5.       New Business:

a.       Management Report – Ryan Dorner

                                                   i.      The Board reviewed the Renters Report.

                                                 ii.      The Board reviewed the Violation Report.

                                                iii.      The Board reviewed the Work Order Report for the month of October 2013.

                                                iv.      For special pick-up of large items such as furniture and appliances:  Residents may set out large bulky items on the regular scheduled service day for collection. They may also call the Rizzo Customer Care Center at (866) 772-8900 if they wish to schedule a pickup. Please place large bulky items out separate from other products for collection and have them out by 7:00 A.M. Large items may include: washers, dryers, freezers, refrigerators, air conditioners, hot water tanks, stoves, microwaves, couches, chairs, tables, dressers, etc.

b.       Discussion of 2014 budget as presented by President Grobbel.  Based on past budgets from 2008 – 2012 and actuals of 2013, estimates for 2014 were generated.

                                                   i.      Contributions to Replacement Reserves of $29,598, 10% of 2013 budgeted income.

                                                 ii.      For updating the governing documents, CC&R and By-laws, $15,000 were allocated.

                                                iii.      Monthly assessments for 2014 will remain unchanged.