GASPARILLA CONDOMINIUM ASSOCIATION, INC.

MINUTES OF BOARD OF DIRECTOR’S MEETING

APRIL 14, 2007

CALL TO ORDER:  President, Bill Leavitt, called the meeting to order at 10:00 a.m., at the Gasparilla Cabana, 160 Jose Gaspar Drive, Englewood, Florida, the location specified in the meeting notice.

CONFIRMATION OF PROPER MEETING NOTICE:  Joyce Kendall confirmed that the appropriate notice had been posted in accordance with the Association’s documents.

DETERMINATION OF A QUORUM:  A quorum of the Board was established with five (5) directors in attendance:  Bill Leavitt, President; Tom Voss, Vice President; Dave Hubbard, Treasurer; Joyce Kendall, Secretary and Bud Stewart, Director at Large.  Corrine C. Malopolski of Antares Group, Inc. and several owners were also present.

READING AND APPROVAL OF MINUTES FROM THE MARCH 10, 2007 BOARD MEETING:  Bill Leavitt stated the Board had previously received copies of the minutes to review and asked if there were any revisions.  There being none, motion by Dave Hubbard to dispense with reading of the minutes and approve them as written.  Seconded by Bud Stewart.  All yes by voice vote.  Motion passed.

FINANCIAL & MANAGER’S REPORT:

A.  Financial Report:  Dave Hubbard reported the following:

·        December 31, 2006 financials have been audited and have been input into the new management’s accounting software.

·        Disappointment was expressed that March 2007 financials were not ready for review from the new management company

·        Two owners are in arrears on the $1,500 assessment due January 1, 2007

·        Four owners are in arrears on the $300 assessment due April 1, 2007

Even though financials are not ready, Dave mentioned that he believes the Association will be well served by their new CAM, Corrine, who appears to be very organized.

B.     Manager’s Report:  Corrine Malopolski stated their bookkeeper is working through the process of rebuilding the Association’s financials from the beginning of 2007.  There are over 30 deposits from January and February that are missing back up details, which are needed prior to entering into the accounting software.  Peoples Bank has been contacted and the details should be forthcoming this week.  Even though Dave Hubbard has balanced the accounts, in order to accurately reflect payments, the details are necessary . . . who paid what when and which deposit does the payment belong to.  Once all data has been input and verified, financial reports will come out on a regular basis.  Corrine apologized for the delay, however it is imperative that the information be input accurately so that the reports reflect a true picture of the Association’s financials.  Sometimes this process takes a little longer than originally anticipated.

COMMITTEE REPORTS:

A.  Landscape Report:  Ray Voss reported on the following items:

·        Joe with FloridaScape has completed some major clearing and reopened paths behind/between units #130/131, #137/138, #108 and #112.  The committee’s work party did some additional cleaning.

·        Next week the committee will review/identify the areas that FloridaScape should concentrate on.

·        Mulching of the Front Street garden is scheduled shortly.

·        Monies received for Memorial Garden maintenance were $100 from the Gasparilla Fund and $34 for additional plants in the First Street plantings, leaving a balance of $382.44 in the landscape account.

B.  Dock Report:  Bill Leavitt read Jim McMahon’s report:

·        Completed projects:

o       Water pipe extended toward dock #1

o       Final dock inspection completed by Sarasota County

o       Digital photos have been taken of each boat for the dock file

o       Renewal form changed eliminating reference to item 4 re: renters using dock space

o       U.S. Coast Guard inspections have been done, which are voluntary

·        Incomplete project:  Sealing of docks, which Ken will do over the summer

·        Unresolved issue:  Board limiting each condominium unit to one boat dock

·        New business:  The committee made the following recommendations:

o       The annual Dock Fee to remain at $300 for 2008

o       Returning the $500 Boat/Dock Fee:  The agreement with participants was they would receive their monies once the docks were completed.  The committee offers the following for handling the returns:

§        $500 issued to each qualified participant who does not want a dock space in 2008

§        $300 credit applied to qualified participants renewing their 2008 dock space and reimburse the remaining $200

C.  Buildings and Grounds Report:  Bill James stated the following:

·        Costs for POD rental during pool construction will be approximately $900 if needed for six months without insurance.

      Motion by Tom Voss to approve the committee’s recommendations to allocate $900.00 (this cost does not reflect insurance) for the POD for six months during pool construction; the funds to come out of the pool reserve account.  Seconded by Joyce Kendall.  All yes by voice vote.  Motion passed.

·        22” will be lost in the tool room after the restrooms are modified

·        Recommend installing flooring above kitchen area in cabana for condo document storage due to space lost in tool shed, or building another closet on the side between the landscape shed and windows for Social Committee storage

·        Cabana extension was discussed and tabled due to the costs involved since the building would need to be brought up to current codes. Two sets of plans for cabana expansion had been given to the committee for review.

·        Storage container costs for the pool garbage cans are $182 if purchased from Sam’s Club, which will hold three garbage cans.

·        Unit #141 driveway repairs will be addressed after hurricane season and prior to owner returning

·        Unit #105 driveway is getting damaged by tree roots – committee to review

·        Unit #124/125 may have a bee problem – committee to review

·        Fence project:  Signatures in support of the grant are still being solicited

·        Pine needle removal to begin soon

·        Ken Piotter continues to replace storage shed walls and door

·        Part of roof on unit #111 will be replaced in late April/early May

Tom Voss added the following:

·        Carrotwood trees are on Sarasota County’s prohibitive tree list and are an invasive species according to a noted arborist.

·        As a follow-up to an owner concern at last month’s meeting, Ban-a-Bug’s exterior spraying is to try and “block” the bugs from getting into the building; from the buildings they sprayed 8’ out.  They do not spray the entire lawn.

D.  Social Report:  No report.

E.   Gasparilla Fund Report:  Sue Boyd presented her report:

·        December 31, 2006 balance:  $2,413.52

·        March 31, 2007 income/donation:  $450.00

·        March 31, 2007 expenses:  $2,002.38

·        March 31, 2007 balance:  $861.14

F.   Cabana Report:  Pat Hubbard stated the following:

·        Ken will repair/paint the picnic tables and will add a board underneath the sink

·        Everything has been cleaned

·        Concern was expressed over raccoons getting into garbage cans and asked the Board to review possible options. See Building and Grounds note above.

OLD BUSINESS:

A.  Rules & Regulations Change:  Bill Leavitt noted that a 14-day notice had been posted regarding the possible rules & regulations change.  The Dock Committee has asked that the Board define “residency” as it relates to item #42.  Discussion ensued.  Motion by Bill Leavitt to table the item indefinitely since a consensus on the definition could not be reached at this time.  Seconded by Tom Voss.  All yes by voice vote.  Motion passed.

B.      Investment – Special Assessment Funds:  Dave Hubbard is researching investment options for the reserve money (approximately $280,000 after the April 1st billing).  Peoples Bank has increased the interest paid on the Reserve Account to 4%.  Other possibilities include a 6-month CD.  Nothing will be done at this time until the cash requirements for the pool have been determined.

C.  Inspection Report - Unit #132:  No report.  Inspection will be performed next month.

D.  Pool Update:  Bill Leavitt reported the following:

·        New pool plans will be reviewed after this meeting is adjourned.  No action is required by the Board at this time as they are being put out for bid.

·        Bill James agreed to act as liaison to the Board during pool construction in the absence of a Board member on-site.  Management is also available.

·        Highpoint Condominium Association was asked to consider allowing Gasparilla resident use of their pool during construction.  Unfortunately that will not work as Highpoint’s bathing load limit is too low, only 12 persons.

E.   Fence:  Tom Voss received the designation as a certified grant writer and the grant draft is almost complete.  A $12,000 grant is possible.  Submission will be in August with the award in September.  A fence study was conducted three years ago as to what materials to use and concluded a vinyl fence with solid panels would be the easiest to maintain and longest lasting.

F.   Boat Dock Slip Assignments:  The Boat Dock Committee had submitted this last year for review/approval once residency had been defined.  Their recommendation is as follows:

·        One boat dock slip per unit.

·        Additional space may be rented, but only one will be assigned.

·        If someone wishes to move their space, they must petition the Boat Dock Committee for approval.

Motion by Dave Hubbard to approve the committee’s recommendations of one slip per unit with changes to be published at a later date.  Seconded by Tom Voss.  All yes by voice vote.  Motion passed.

G.  Hurricane Preparedness Document:  Bud Stewart reported the new manual has been published and will be distributed by hand this month.  This publication is to be used only as a guide.

H.  Other:  Bill Leavitt presented an item that had been taken out of a dryer vent that looked like a piece of felt.  If dryers seem to be taking longer than normal to dry clothing, then the vent could be clogged with lint.  It is the owner’s responsibility to maintain their dryer vents.

NEW BUSINESS:

A.  Keys Missing After Key Check:  The door-to-door key check has been completed and several keys were either  missing  or  didn’t  work:   107,  112,  123,  134  and  158. 

Owners of these units are asked to please provide a key to Joyce Kendall, the Association Secretary, as soon as possible.  Owners are required to provide keys to the Association per the Florida Condominium Law, FS 718.  Letters have been sent out to these owners.

B.  Financial Review by Gene Sullivan:  Bill Leavitt thanked Gene Sullivan for his review of the 2006 financial records of the Association.  The review included all of the invoices and payments for the Profit and Loss Statement, Reserve and Designated Funds transactions, and assessments (maintenance and special assessments).  In his opinion, the Annual Report for 2006 accurately reflects the results of the financial operations for the calendar year 2006 and the Balance Sheet as of December 31, 2006.  Copies have been handed out, others will be mailed.

C.  Report on Existing Pool:  The pool vacuum system has stopped working and it does not make sense to repair it since the pool is being demolished.  Aqua Doc will use the net to clean the pool as best they can.

D.  Proposed Changes in Florida Condo Law:  Management had provided a copy of proposed changes to the Board for review and requested they reply expressing their opposition.  Many items conflict with the Association’s current documents and will force the Association to spend more money with certified mailings, etc.  Any owner wishing a copy of the document may contact management.

E.   Request to Build a Shed in Enclosure:  Bill Leavitt submitted an application to construct a 38” x 68” x 22” enclosure within his existing shed.  Motion by Joyce Kendall to approve the application.  Seconded by Dave Hubbard.  Bill Leavitt abstained from voting.  All yes by voice vote.  Motion passed.

F.   Rental Requests:  Joyce Kendall mentioned being in receipt of the following rental applications:

·        Kendall/#125, DeCota #150, Lee #155

Motion by Bud Stewart to approve the above-referenced rental applications.  Seconded by Tom Voss.  Joyce Kendall abstained from voting.  All yes by voice vote.  Motion passed.

G.  Pool Phone:  Bill Leavitt stated management had provided information to the Board regarding a pool phone.  Options vary from do-it-yourself to leasing the equipment and having it monitored.  There is a wide range of costs depending on which system is selected.  Motion by Bill Leavitt to table this item until after the pool reconstruction.  Seconded by Tom Voss.  All yes by voice vote.  Motion passed.

H.  Sewer Pump Lift Station:  A new sleeve collar has been installed and the correct telephone number for the repairperson has been obtained.

I.      Association Documents:  The Board has authorized a $75 expenditure by the attorney to perform a record search to locate all of the Association’s recorded documents.

J.      Correspondence:  A letter was received from the Boyd’s re: condo flood insurance and that their building is underinsured. They asked to receive in writing the coverage on their building. An insurance appraisal had been completed in 2004, which the previous management company had reviewed and made recommendations in changes to the coverage.  Since the buildings were constructed, the flood plain has changed and several units are now in a flood zone.  Dave Hubbard has been working with Rowley Insurance since November and has asked the underwriters for a review. Rowley has received elevation maps; the old elevation shows 10’ and the new show 12’. The property may be grandfathered for 10’. Motion by Tom Voss to appoint Gary Payne to work with Dave Hubbard and follow up and resolve the flood insurance issue by May 1st.  Seconded by Dave Hubbard.  All yes by voice vote.  Motion passed.

QUESTIONS AND ANSWERS:  Bruno Costa asked if the Board would considered a driving range.  He has located a portable 8’ x 10’ net, with support for a cost of $36 and a driving mat for $115.  Potential location would be the backside of the shuffleboard since only 15 to 20 feet is needed.  So the total cost would be approximately $160.   It would be a membership type item with dues.  Tom Voss requested a formal proposal be submitted to the Board before further consideration.

CALL TO ADJOURN:  There being no further business to properly come before the Board at this meeting, motion by Bill Leavitt to adjourn at 11:15 a.m.  Seconded by Bud Stewart.  All yes by voice vote.  Motion passed.

Respectfully submitted,  

Joyce Kendall, Secretary

JK/ccm

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