Tuesday, August 30, 2016

I've kinda gotten behind in posting in my blog, but I'll try to do some catching up this week.
We had a board meeting on Saturday and have contracted with a company to begin work on our foundation repairs in three weeks. They should finish just before Christmas. We had bids for over $1,100 per pier down to $400. If all goes well with this company, we may be as much as $20,000 below budget.
We also approved a new insurance contract and if all goes as expected, it could mean that we will have no increase in our monthly requirement for escrow. One of the new underwriters is sending someone out next week to take pictures of what they have agreed to insure.
We are in the process of taking bids to replace some of the stucco that is in bad condition on the end of the 500 and 600 buildings.
The disturbances in the Gulf have produced winds from an unusual direction for us. This afternoon  waves were crashing over the bulkhead and flooding our beach. The wind was not all that strong, but the direction produced a lot of water coming over and onto the beach.
The appraisal district chose not to reveal the 2016 property values until the protest period was over. This prevented owners from knowing how their appraisals compared to other condos. It is now online and many two bedroom condos are appraised at much more than a three bedroom I see no rhyme or reason for some of their values. They can  be viewed by going to www.aransascad.org. Go to property search, click, pull down menu to go to address search and enter for street number 2292, click, go to street name and enter Fulton, click, and there are all the values.

Below is the agenda we used for the meeting last Saturday.


Agenda for Bayfront Board Meeting 27 August 2016

I. Call to Order

II. Establish Quorum

III. Approval of Minutes of Previous meetings

IV. Treasurer’s Report

V. Consideration and possible approval of resolution on bidding process

VI. Set rate for insurance for 2016-2017

VII. Discussion of needed breakwater repairs

VIII. Property Manager’s Report

A. Landscaping

B. To Do List

C. GLO permits for fishing pier –When will School Land Board meet

D. Progress on pier replacement

E. Disposal of old lighting from pier

F. Roof leak and interior unit repairs

G. Stucco repairs

H. Boat parking

I. Pier gate lock

J. Palm tree trimming

K. Progress on our policies and procedures handbook

IX. Other Business

X. Set Date for next Meeting

XI. Adjournment

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