BOARD OF GOVERNORS MEETING
MINUTES
Thursday,
February 21, 2002 – 7:30 P.M.
Tournament
Players Club
President Larry Molina
called the meeting to order at 7:30 p.m. Those
also present for quorum being, Mickey Berk, Jerry Bloch, Ira Josephson, and
Larry Molina.
Absent: Ruth Landler and
Hal Menchel
Management: Lou Brawer
Frank, Weinberg and Black
PA – Attorney Steve Weinberg
A
MOTION was made by Mr. Berk and Seconded by Mr. Bloch to approve the
minutes from January 15, 2002, with no additions or corrections. FOR APPROVAL
4 AGAINST 0.
Mr. Molina turned the floor
over to Mr. Weinberg for his legal report.
Mr. Weinberg touched on
three issues in his report. The first was the appeal that was filed to change
the assessed value of the new land recently purchased by the Tennis Center. Mr.
Weinberg reported that he won the appeal and had the value of the land reduced
to $138,000. This will result in a property tax savings of around $5000.
Mr. Weinberg then reviewed
the term of the Twin Tree contract, which is going to be brought before the
Board for ratification later in the meeting. Mr. Weinberg reported that Twin
Tree has agreed to all the terms and is ready to sign. Mrs. Casagrande brought
up the need to add a clause in the contract to deal with hurricane clean up. Mr.
Brawer will discuss this with Twin Tree and report back at the next meeting.
Finally, Mr. Weinberg
updated the Board of the ongoing Berm issue. He reported that a meeting is
scheduled for February 28, 2002 with the attorneys for both the city of Coral
Springs and the Coral Springs Improvement District. Mr. Molina suggested that if
progress is not made that the residents in mass go before the City Council
asking for their assistance.
Mr. Molina made the
financial report, which was prepared by Goldman and Juda:
December 31, 2001:
Operating
Expenses: $111667, which was $1034 over budget
Tennis
expenses: $15,972, which is $2,357 over budget
Year-end:
Operating
Expenses: $1,397,336, which is $69,736 under budget
Tennis
Expenses: $168,242, which is $4857 over budget
Tennis
Center had a loss for the year of $20,532
Reserves
ended the year at $699,313
January 2002
Operating
Expenses: $100,155, which was $13,243 under budget
Tennis
expenses: $13,281, which is $45 over budget
Reserves:
$708,563
A MOTION was made by
Mr. Josephson and seconded by Mr. Bloch to move $151,997.04 from the Smith
Barney Operating Account to the Smith Barney Reserve account. MOTION PASSED 4
FOR and 0 AGAINST.
Mr. Molina also reported
that the Association received approx. $17,000 in past due property taxes from
1996 through 1999. The tax bills were sent to an old management company and were
never forwarded to the Association. Mr. Weinberg was asked to see if we can have
any of the interest removed.
PROPER
MANAGER’S REPORT
The floor was turned over
to Mr. Brawer who presented his monthly management report (see attached). Mr.
Brawer went over the report highlighting the work that has been done in
preparation for the lection and the 2001 audit. He also reported that now only
one resident has not purchased the new mailbox. That resident will be turned
over to the attorney for a legal letter. He then went on to talk about
inspections, landscaping, parking violations, tennis, and the defibrillator,
which was delivered and will go on line shortly. Mr. Brawer, Mr. Osborne and
three Wackenhut officers have been trained on the equipment.
Mr. Brawer then presented
the Board with a proposal to purchase a mobile pressure cleaner and trailer for
a total cost of $3,295.54.
A MOTION was made by
Mr. Josephson and seconded by Mr. Berk to authorize Mr. Brawer to purchase this
unit. MOTION PASSED 4 FOR and 0 AGAINST.
Finally, Mr. Brawer asked
the Board permission to negotiate a new photocopier lease since our present
lease expires in April. Permission was granted as long as the monthly cost does
not exceed what is being spent now.
ARC COMMITTEE
Mr.
Molina asked Mr. Brawer to present the ARC committee report and recommendations.
A MOTION was made by Mr. Bloch and seconded by Mr. Berk that the
committee recommendations be approved as presented. THE MOTION WAS APPROVED 4
YES AND 0 NO.
A MOTION was made by
Mr. Bloch and seconded by Mr. Josephson that the Board approve and sign the Tree
Trimming contract with Twin Tree Service for $46,412.50. MOTION PASSED 4 FOR
and 0 AGAINST.
The next regular Board of
Governors, which will be the Annual and Election meeting, would be Thursday,
March 14, 2002 at 7:30pm at T.P.C.
The regular meeting was
adjourned at 8:05pm. The floor was then turned over to Marty Friedman who
chaired the Meet The Candidates Program.
The program started with
next candidate giving a brief opening statement and then the floor was open for
questions.
The candidate’s night
concluded at 9:00pm.
Respectfully submitted,
Louis Brawer
Property Manager