Cite` Condominium
Cite` Condominium Board of Directors Meeting
Wednesday September 16th, 2009Club Room (A) Building
Present: President: Julio Blanco, Vice-President: Wayne Jones, Director: John Johnson, Treasurer: Joshua Guerero, Regional Director: Carole Lasker, Community Association Manager: Sharon Paredes
Unit Owner Attendance: (13)
Renters Attendance: (3)
I. 6:43 PM Meeting Called to Order By: Mr. Julio Blanco Board President
II. 6:44 PM Board of Directors approved minutes for previous Board Meeting dated March 9th, 2009.
III. 6:44 PM Mr. Blanco introduced the panel and Board Members; present we have Carole Lasker from Continental, V.P of the Board Wayne Jones, Treasurer of the Board Joshua Guerero, Director of the Board John Johnson, Property Manager Sharon Paredes
IV. 6:45 PM The Board acknowledged and accepted letter of resignation dated July 22, 2009 from Secretary of the Board Beverly Koenig.
V. 6:48 PM Miguel Echarte from Savitar Realty advised CITÉ Condominium was eligible for Tax Abatement. Miguel Echarte answered questions and concerns addressed by the audience. Unit Valuations @ January 1, 2009:
In $ $/Unit in %
Current Assessment: $96,110,074 $220,436 100%
Requested reduction: ($15,004,487) ($34,414) -15.61%
Revised Assessment: $81,105,587 $186,022 84.39%
VI. 7:10 PM Matthew Jafarian from Simplikate presented Techcierge. Techcierge is a hi-tech communication tool for residents to communicate with property management staff, Board of Directors, other residents and offsite vendors. Features: Users may access the system via a widely used web browser, System allows residents to request services from onsite staff i.e. valet; guest list add/edit; message to manager; view cameras; concierge requests to staff; phone directory of local vendors; amenity reservations; facility descriptions/maps; delivery notification; document downloads; view Board/Management projects; community calendar; resident to resident classifieds; board minutes; local dining guide.
VII. 7:30 Legal Update: Mr. Julio Blanco, President, advised the audience the Association's Attorney prepared a brief update regarding the litigation with MCZ Centrum Bayshore, LLC, C.G. Chase Construction Management , Inc., Skyline Systems, Inc., Morgado Plumbing Corporation, Southern Enterprises, Inc., FES, Inc., and Cohen, Freedman, Encinosa & Associations. Sharon Paredes, Community Association Manager, read the update to the audience. Letter is available upon request.
VIII. 7:40 PM Master Receivership acceptance: The President of the Board Mr. Julio Blanco addressed the issue with Unit Owners renting their units while failing to pay their Maintenance Fees has escalated delinquent status of the building. In search for a solution, the Board has learned about Master Receivership. This is a court appointed Receiver which has the authority to collect money from rent-paying tenants as well as those who don't pay rent but live in a unit owned by an investor in foreclosure. Mr. Julio Blanco, President, made a motion to approve the assignment of a Master Receivership, Mr. Joshua Guerrero, and Treasurer, second the motion, Mr. John Johnson, Director, third the motion. All in favor, motion passed unanimously.
IX. 8:30 PM Water Metering: Based on the research provided by Management, the Board has declined to consider sub-metering as it is not cost effective. Mr. Joshua Guerrero, Treasurer, made a motion to decline, Mr. John Johnson, Director, second the motion, Mr. Wayne Jones, Vice President, third the motion. All in favor, motion passed unanimously.
X. Collections Update: 15 Association Foreclosures, 91 Bank Foreclosures, 3 Bankruptcy
8:55p.m the Board Meeting was adjourned By: John Johnson, Director
Joshua Guerrero, Treasurer 2nd the Motion
Announced by: Julio Blanco, President is adjourned.
