CENTRE POINTE STATION CONDOMINIUMS

Record of Proceedings -January 16, 2017

The regular meeting of Centre Pointe Station Condominiums Board of Directors was held

December 19, 2016 in the basement meeting room at 4600 E. Asbury Circle, Denver, CO. The Directors were present or absent as shown below. Phil Mills ofWestern States was present as was John Murray, the resident manager.

President / Justin Wimbish / Absent / Treasurer / Jarrod Keever / Absent
Vice President / Michael Beninati / Present / Director
Secretary / Molly Harris: / Present

Call to Order Michaelcalled the meeting to order at 5:10pm. A quorum waspresent.

Homeowner Comments

  • None were presented for consideration.

Minutes The minutes of the Board meeting heldDecember 19, 2016 wereapprovedas presented.

Managing Agent’s Notes Mr. Mills reported on:

  • #403 has been discharged from bankruptcy protection. Our lawyer suggests foreclosing on the maintenance fee lien. Balance is over $10,000.
  • Two barking dog Violation Notices were issued. One barking dog Fine Letter was issued to #403.
  • Jim Jones removed some of the parts and supplies in the workshop and storage area. Some were left, the guess being he is abandoning them.
  • Hallway light fixtures were installed over the top of existing fixtures. Phil suggests having a professional quote replacements.
  • The e-mail vote on two additional, exterior security cameraswas approved and they were ordered.
  • A resident complained that wires on his car were chewed through. Phil advised we had been dealing with rodents but vehicles parked in the lots were parked at the owner’s risk.

Resident Manager Report

  • John reported that the tenants in #407 had dragged a Christmas tree through the lobby requiring extra clean-up.
  • Replacing the south exterior light will require a longer ladder than we have at present. Phil will bring one of his.
  • A leak into #107 was caused by a screw used to install the kitchen cabinet penetrating the pipe. This was from the initial apartment to condo conversion. Drywall repairs will be necessary and maybe cabinet replacement.
  • John reported that one of the GFI breakers in #104 would not hold a load. Phil will authorized Huston Enterprises to repair it.

Financial Reports

  • The Board reviewed the cash position andfinancial activity of the Association duringDecember.
  • Delinquencies were $13,125, down a little from the month before. Prepayments were $7,029.
  • The operating account had an ending balance of$111,788. The reserve account had $47,857.
  • Operating disbursements of $15,415included hallway carpet cleaning.
  • Year-to-date expenses 12 months) were$14,650over budget.

Committee Reports

  • Molly reported still trying to get quotes on balcony enclosures.

Unfinished Business

  • The Board reviewed the proposal for filing foreclosure on #403 and requested Phil bring the attorney to the next Board meeting for further questions about the process.
  • On motion by Molly, Seconded by Michael and duly passed, the Board approved revoking the parking assignment of space #15 to Unit #403 for non-payment of delinquent maintenance fees.

New Business

  • Molly announced she would be moving to Texas in a couple of months but would likely keep her unit here.

Adjourn There being no further business to transactthe meeting was declared adjourned at 6:15PM. The next regular meeting will be Monday, February 20, 2017 at 5:00 PM in the Association meeting room, or at such other time and place as is mutually agreed to.

Respectfully submitted,

Phillip Mills, Acting Secretary