BOARD OF DIRECTORS MEETING MINUTES
April 17, 2017
BOARD MEMBERS PRESENT
Betty Schneider, Treasurer; Sandy Bagley, Secretary; Steve Chipman, Member at Large and Frank Parker, Vice President
BOARD MEMBER(S) ABSENT
Joe Engle, President
MANAGEMENT COMPANY REPRESENTATIVE(S) PRESENT
Heather Eisfelder of Scott Management Company
CALL TO ORDER
The following are the minutes of the 555 Esplanade Condominium Owners Association Board of Directors open session meeting, held on Monday, April 17, 2017 in the 535 building lobby, 535 Esplanade, Redondo Beach, California 90277. A quorum of Board Members was established and Mr. Parker called the meeting to order at 6:06 PM.
APPROVAL OF MEETING MINUTES // March 20, 2017
Ms. Bagley made a motion to accept the March 20, 2017 meeting minutes as drafted. Mr. Chipman made a second to the motion. The motion carried with all in favor.
TREASURERS REPORT
Ms. Schneider made a motion to accept the January, February and March 2017 financial reports as presented. 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
- Stucco Underside Balcony Repairs: The Board would like to request that Smoothstone Construction attend the next Board meeting to answer their questions and provide an adequate status update.
- Door Alarm Malfunction: Collins Builders advised that they do not provide service on these alarms. Three (3) bids are pending for the alarm repairs.
- Door Replacement: Proposals from A-Z Construction, Redmond’s Lock & Key and Collins Builders were reviewed. Due to the large difference in bid amounts, there are several questions for each vendor that need to be answered before a decision can be made.
- Roof Leak on 555 Side: Proposals for the roof repairs have been received from Antis Roofing and Ewell Construction. The Board would like to receive a third bid from a new roofing company. SMC is to select a company and request a proposal based off of the created scope of work.
- Property Signage: The Board reviewed a new option for the real estate post / property sign. A bid to replace the current sign like-for-like is pending.
NEW BUSINESS
- Fire in Unit 107: It was reported that there was a small fire in unit 107. The Owner has contacted their insurance to have a fire inspector determine the source of the fire. This report is to be sent to the management company once received.
- Insurance Renewal: The Board reviewed insurance renewal proposals from the current carrier as well as Farmers Insurance. The Board has several questions regarding the differences in the proposals. SMC is to report back with answers and list of differences in the options provided.
The next Board meeting is scheduled for Monday, May 22, 2017 at 6:00 PM.
ADJOURNMENT
Meeting was adjourned at 7:06 PM.
Submitted by: Heather Eisfelder
EXECUTIVE SESSION
An executive session was called to order at 7:09 PM to review homeowner discipline matters and delinquent accounts. The meeting was adjourned at 7:20 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; Fax: 310-370-2364; Mail: Scott Management Company, PO Box 3159, Torrance CA 90510-3159). Calls/correspondence should reference 555 Esplanade/Casa Bahia.