HUNTER’S RUN CONDOMINIUM ASSOCIATION, INC.
BOARD OF DIRECTORS MEETING MINUTES
Monday, August 20, 2007
I. CALL TO ORDER
The August 2007 meeting of the Board of Directors of the Hunter’s Run Condominium Association, Inc. was held on the evening of August 20, 2007 at the Ross University Hills Library, 4310 E. Amherst Avenue, Denver, Colorado 80222. The meeting was called to order at 6:01 p.m. by President, Mark Overton. Board Members present: Mark Overton, Mike Westcott, Bonnie Ra, Mary Ann Kill, Bob Swedberg. Absent, Greg Chavez and Michael Whalen. Representing management: Kim Maguire with Premier Property Management, LLC. Homeowners in attendance were, Adrienne Langert, Ardell Hunt, Georgia Swearinger and Sherri Brody.
II. REVIEW AND APPROVAL OF MINUTES
The minutes from the June 4, 2007 meeting were reviewed by the Board. Mr. Swedberg motioned to accept the minutes as written. Seconded by Ms. Kill. The Board unanimously approved the motion.
III. MANAGERS REPORT
a. Ms. Maguire presented month ending July 31, 2007 financials. Ms. Maguire noted that two CD’s were maturing and asked the Board if they would like to renew both CD’s for a term of one year each. Ms. Maguire informed the Board she would shop for the best rates. Ms. Kill motioned that Ms. Maguire shop for best CD rates both CD’s to be reinvested for one year terms. Mr. Westcott seconded the motion. Motion passed unanimously.
b. Mr. Westcott motioned to approve the financial as of and for the month of July 2007. Seconded by Ms. Kill. Motion passed unanimously.
c. Ms. Maguire reviewed the delinquent summary of homeowners. There are a several homes in foreclosure or in bankruptcy. Almost $4,000 has been written off in bad debt expenses due to foreclosures and bankruptcies.
IV. OLD BUSINESS
There was no Old Business.
V. NEW BUSINESS
An email from Sherri Brody was reviewed with several requests. One issue is regarding noise. The request was to change the mow day. It was discussed that it is very difficult to do as the contractor would have to switch all their clients’ days of mowing and the sprinkler dates to accommodate Ms. Brody. Ms. Maguire will tell maintenance to stay away from Building B on Mondays and Fridays so Ms. Brody can have some quiet time.
The Board approved for Ms. Maguire to look into heat tape to be installed on the gutter by G-306. Ms. Maguire will set up a conference call to review the draft of the 2008 Budget before it is mailed to the owners. Ms. Ra will post on the bulletin board that there are four Board positions up for two year terms. Ms. Hunt requested that a railing on one side of the new bridge by the pool be installed. It was noted that the bridge was installed and designed in a way to ensure railings were not required. The Board requested that Ms. Maguire obtain bids to install a railing on the bridge per Ms. Hunt’s request. Ms. Langert informed the Board that her carpeting is wet in her unit and that she has filed an insurance claim through her insurance company. It was noted that management tried to cut into the wall to investigate the source of the leak, but Ms. Langert denied management to do the work. It was noted by management that American Leak Detection was hired by Ms. Langert’s insurance company and the insurance agent contacted Ms. Maguire informing her that after the testing there was no indication of water or leaking. Ms. Langert will continue the claim through her insurance and possibly look into filing a claim against her neighbors.
VII. CORRESPONDENCE
There is no current correspondence.
VIII. ADJOURNMENT
Ms. Kill made a motion to adjourn the monthly meeting at 7:19 p.m. Ms. Ra seconded the motion. Motion passed unanimously.
The next meeting is the Annual Meeting on October 15, 2007. The meeting will be held at 6:30 p.m. at the Ross University Hills Library. The next regular meeting will be held November 19, 2007.
The Board then went into Executive Session to discuss a Client/Attorney issue.
Respectfully submitted,
Kim Maguire
Kim Maguire, Community Manager
