March 16, 2015
BOARD MEMBERS PRESENT
Frank Parker, Vice-President; Betty Schneider, Treasurer; and Sandy Bagley, Secretary.
BOARD MEMBERS PRESENT
Joe Engle, President.
MANAGEMENT COMPANY REPRESENTATIVE(S) PRESENT
Zach Sanfield of Scott Management Company (SMC).
CALL TO ORDER
The following are the minutes of the 555 Esplanade Condominium Owners Association Board of Directors open session meeting, held on Monday, March 16, 2015 in the 535 building lobby, 535 Esplanade, Redondo Beach, California 90277. A quorum of Board Members was established and Dr. Parker called the meeting to order at 6:37 PM.
HOMEOWNER FINANCIAL COMMITTEE // REPORT BY MEMBER OF COMMITTEE
The chair of the Homeowner Financial Committee was not in attendance. A report was not given.
APPROVAL OF MEETING MINUTES // FEBRUARY 26, 2015
Ms. Bagley made a motion to accept the February 2015 minutes as presented. Dr. Parker made a second to the motion. The motion carried with all in favor.
TREASURERS REPORT
Ms. Schneider, Treasurer, reported that the Association’s financial position is strong and that there are very few delinquencies. Ms. Schneider made a motion to accept the February financial report. Ms. Bagley made a second to the motion. The motion carried with all in favor.
HOMEOWNERS FORUM
Homeowners were provided with the opportunity to address the Board regarding items of interest or concern, in accordance with the open meeting act, CA Civil Code 4925(b).
OLD BUSINESS
1. Siding Repairs // Stucco Repairs at Balcony Overhangs // 406 & 416 Stucco
Repairs // Project Status Update: Ms. Schneider reported that Mr. Shlomof of Big Star Builders has been in contact with Mr. Schneider, co-chair of the Siding Repair Committee regarding the finalization of the contract and scheduling of the project. Mr. Schneider and Mr. Sholmof are scheduled to meet this week.
- Sun-Deck, Remove & Reinstall Project; Update on Discussion with Units Affected re Sliding Glass Door & Status Update on Statement of Work for Bidding Process; Jacuzzi Surface, Replace // Discussion: The committee (members are Mr. Schneider and Mr. Bagley) assisting the Board with this project are in the process of preparing a statement of work to be distributed to a group of contractors for bidding purposes. Mr. and Mrs. Schneider, and Mr. and Mrs. Bagley are in the process of meeting with the unit owners whose sliding doors will be affected by this project to discuss, and update each individual owner as well as to determine the level of cooperation that can be expected from the unit owners affected by this project.
- Rules & Regulations Proposed Changes re Shopping Cart Usage and Unit Construction Project(s) // Discuss & Vote to Distribute for 30 Day Comment Period: The Board discussed and reviewed the proposed addition to the Rules and Regulations regarding shopping cart usage. Ms. Schneider made a motion to distribute the draft rules to the membership for the thirty (30) day comment/review period, before the proposed rules are adopted by the Board. Additionally, SMC is to obtain a new sign proof (to be installed in the location of where the shopping carts are currently stored) highlighting the points of the proposed new rules. Dr. Parker made a second to the motion. The motion carried with all in favor.
4. TABLED PROJECTS (12): The twelve (12) tabled projects will remain tabled at this
time.
NEW BUSINESS
1. Annual Review by CPA for FYE 12.31.14 // Review & Vote to Accept: The Board reviewed the Annual Review prepared by the Association’s CPA for the fiscal year which ended 12.31.14. Ms. Schneider made a motion to accept the Annual Review as presented. Ms. Bagley made a second to the motion. The motion carried with all in favor.
- Insurance Policy, Master Package, Renewal // Proposal Review & Vote: As the Association’s master insurance policy comes due for renewal in May, SMC has requested a proposal for the insurance renewal from the Association’s incumbent insurance agent. The proposal was not received in time to be reviewed at the March meeting, and is scheduled to be reviewed and voted on at the April meeting.
- Unit 406/307 Leak // Status Update: During a recent rain the homeowner of unit #307 reported a leak within her unit. Bert Meli Plumbing was dispatched, and conducted a water test. It was determined that the leak was stemming from a wall base drain pipe from unit #406 (5th floor deck). Bert Meli is scheduled to be onsite this week to conduct the necessary pipe repairs.
The date for the next open session Board of Directors meeting is Monday April 20, 2015 at 6:30 PM.
ADJOURNMENT
Meeting was adjourned at 7:17 PM. Submitted by: Zach Sanfield
EXECUTIVE SESSION
An executive session was held (called to order at 7:19 PM) to review homeowner discipline matters and delinquent accounts. The meeting was adjourned at: 7:26 PM.
PLEASE NOTE: Any grievance or clarification on issues can be addressed by: (1) Airing the issue at the next scheduled Public Board meeting, or (2) contacting Scott Management Company (Phone: 310-370-2696 ext. 205; Email: [email protected]; Fax: 310-370-2364; Mail: Scott Management Company, PO Box 3159, Torrance CA 90510-3159). Calls/correspondence should reference 555 Esplanade/Casa Bahia.
555 Esplanade Condominium Owners Association