| Dear Fellow BSBCCA Members,
The following summary of the
January 8, 2008 Budget
Meeting was approved at the
Board meeting of February
19, 2008
- John
Coletti opened the meeting by reminding the members present that the
by-laws state that the budget proposed by the Board of Directors can
only be voted down by a majority of the weighted votes by unit owners
and with 15 members present and only 77.5 weighted votes, the votes to
overturn the budget were not present and so the budget passes.
- Bill
Emby (Unit 240) stated that he would like a rear window installed in his
cabana. John Coletti told
him that the Board would only allow it if the majority of unit owners on
that row agreed to also have rear windows installed as to not compromise
the esthetics of the building.
- John
Andrews (QN25) asked if a color scheme had been chosen for the painting
project. John told him that
there are several samples being considered.
- Marybeth
Holland (53) asked if our maintenance staff would be assisting in the
painting. John Coletti and
Joe Mignano explained that our maintenance staff would not be doing any
of the painting because they have the large task of repairing and
replacing all of the missing, broken, or rotted shingles, deck boards,
and railings. They also have
many projects to complete before we open in May.
For example: remodeling
two bathrooms, remodeling the kitchen, rebuilding two decks, and general
maintenance in all areas. It
should also be noted that there would be an issue with the warrantee if
some areas were painted by our staff and some by the painter.
- We
will be running the food services again this year and are currently
interviewing for a new chef.
- It
was noted that the noise level in the restaurant is too loud.
Joe told the group that we are continuing to search for a
solution.
- Lee
Vick (326) suggested that we add a few more handicap parking.
John told him that the Board plans on discussing the possibility
of adding some spaces.
- Lee
Listro (F07) asked how we stand with the legal case with the developer.
John reported that there were two legal cases still pending.
The first case is now in the Supreme Court case where the
developer sued stating that is was wrongfully denied the right to
participate in the ISDS system. This
case asks for an award of damages.
- The
second case concerns Heath Management’s recent attempt to exercise the
development rights. First,
Heath filed several applications with DEM in an attempt to increase the
size of the ISDS system to accommodate more units.
Also the developer entered the facility ostensibly to clean out
the sales office but instead they brought in 130 lockers in the old
sales office that had been declared as units.
We are told they plan to sell the units for $8,000.00 each.
The town has sent them a letter ordering them to remove the
lockers because they were not approved by DEM.
This is subject to appeal so they won’t be removed soon.
The Association has also filed a suit in US District Court
challenging the declaration of those units.
We have been talking to the developers about the possibility of
buying out the development rights. Both
parties are spending tens of thousands of dollars on legal fees with
this fight. The Board
believes that buying the development rights is a viable option that
should be seriously pursued.
- Another
member asked about the suit against the Town of
Narragansett
regarding property taxes and John reported that it was still pending.
If we win, they would owe us a refund of back taxes.
We are unique in the state in that no other condo facility exists
like BSBC. It was suggested
that we could offer no return of past monies paid and instead only opt
for a change to a lower rate going forward and this is a very real
possibility.
- Marybeth
Holland (53) reported she had received the breakdown of the payroll from
2006 and she revealed what some of the staff was earning.
John Coletti reported that we will need to spend more on
lifeguards this year. She
will be requesting an accounting for 2007 payroll. John reported that we
have also searched for candidates for the GM position and did not
receive any quality candidates.
- A
member asked if we really felt we needed more or better security.
The Board response was that we need both.
Meeting adjourned
8:55pm
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|
Respectfully submitted,
BSBCCA Board of Directors |
|
BONNET SHORES BEACH CLUB 
