Tuesday, June 25, 2013

facade work forthcoming on Westmoreland 1303

At tonight's condo board meeting for the historically important Westmoreland Terrace Condominiums, the condo board approved spending $111,000 for Culbertson to repair the facade of building 1303.  The work should begin within two months and will create some minor inconveniences for residents.

The board also decided to move forward with installing a new roof surface for one of the buildings.  The building chosen for roof repair will be determined after review of the records of leaks.  A contract for the roof repair will be put out to bid.

Due to recent court decisions, the condo bylaws need to be amended to allow the condo association to recover legal fees associated with collecting on delinquent accounts.  Approval of this amendment will require assent from 75% of condo owners.

All condo owners should have received in the mail a copy of the adopted budget for fiscal year June 1, 2013 to May 31, 2014.  Condo fees for this fiscal year have risen 3.77%.  Total projected expense to year-end 05/31/12 were $451,585.  The largest expense items within those expense are utilities ($77,830), landscaping and janitorial services ($60,946), building repair and maintenance ($50,000), property and liability insurance ($34,036), payroll for onsite maintenance and management personnel ($52,934), and Zalco management fees ($58,668).   The mailed budget shows projected year-end excess of expense over income of $29,859.  At today's meeting, Zalco property manager Lenard Goldbaum reported that the year-end figure actually turned out to be a slight surplus of income over expenses.

Attending this month's condo board meeting were resident Douglas; condo board members José Calvo, Joe Ruland, and Gretchen Sprehe; and Zalco property manager Lenard Goldbaum.  The next regularly scheduled condo board meeting will be on Monday, July 29.

Update: I've corrected the building number for the facade work.  That building includes the manager's office (1314).  The general number for the whole building is 1303.

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