Capital Reserve (Engineering) Study 2008
The results of the Capital Reserve (Engineering) Study of 2008, as well as the Priority Capital Reconstruction List for 2008 are now posted in the Documents section, in the "Engineering" category.
Arcadiy Ivanov
10/08/2008 08:05 pm
More Financial Reporting
In response to the request from one of the residents we're now publishing the Income Statements and Check Registers for both Operating and Reserve accounts. As usual, these will be published in the Documents section in the "Financial Statements" category.
Arcadiy Ivanov
09/14/2008 10:45 pm
Land Swap Proposal Details
We have finally received all the information about the land encroachment by Phase II on Wintervale Realty Trust’s property. Below are the engineering plans showing the details of the proposed swap:
The Lot X is the piece of our land that interests Wintervale. The Lot Y is the land we’re currently encroaching on and it is the land, which would be offered to us by Wintervale.
An argument for the swap would be that Lot Y is larger than Lot X and is being used for parking, whereas Lot X is a smaller piece of wooded land on the furthest corner of the premises. Moreover, failure to approve the swap would probably require us to tear the asphalt off the encroached land in order to officially convey the land back to Wintervale. Removing the asphalt pavement would have to be done at our own expense, which may run up to $10000 ($1.5 - $3 per square foot, same as construction costs). In addition, we will not be able to re-sod the area after the pavement has been removed, since the land isn’t ours.
An argument against the swap would be that Wintervale intends to build a duplex on the land adjacent to Lot X, which would involve the removal of trees, construction, mess and other unpleasantries for the residents of building A, in addition to possibly permanently altered backyard view.
The approval of the swap requires the agreement of all 128 units, without exception, which would constitute the amendment of the Master Deed. If passed, each of the unit owners would have to sign that amendment, once all the paperwork has been finalized.
06/30/2008 01:53 pm
Changes to the Website
In order to optimize user experience I have made the following changes to the website:
- In the Financial section a condominium fee calculator has been added. Just enter your unit number, click "What's My Monthly Fee?" and the fee amount will magically appear below.
- As the number of the digitized documents grows constantly, searching through long lists became extremely cumbersome. In order to help with this problem, the Documents section has been redesigned to include a filter, allowing to view only the chosen groups of documents: Financial Statements, Master Deed, By-Laws, Association Meetings and Budgets. As the number of documents will grow so will the filtering choices.
Arcadiy Ivanov
06/02/2008 11:58 pm
Pictures Added
The photos of the condominium property made for insurance purposes are now available in the Pictures section.
Arcadiy Ivanov
05/17/2008 07:49 pm
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