MEMBERS PRESENT

Harry O’Halloran, President
Jerry Massa, Treasurer
Diane Sabol, Director
Dean Valentine, Secretary

MANAGEMENT REPRESENTATIVES

The November 14, 2013  BOARD OF DIRECTORS (henceforth referred to as “the Board”) meeting of the 2013 session of the MUSEUM PARK LOFTS CONDOMINIUM ASSOCIATION 125 EAST 13TH STREET (henceforth referred to as “the Lofts Association”) began at 7:00 P.M. The Board PRESIDENT of the Lofts Association (henceforth referred to as “President”), Harry O’Halloran, asked BOARD OF DIRECTOR MEMBERS (henceforth referred to as “Directors”) to refer to the agenda.

Action item #1: Approve MINUTES

President Harry O’Halloran moved that the minutes from the October 10, 2013 meeting be approved.  Treasurer Jerry Massa seconded.  The motion passed without dissent.

PRESIDENT’S REPORT

President Harry O’Halloran delivered the President’s Report, which included an update on the annual election and holiday party.

TREASURER’S REPORT

President Harry O’Halloran ceded the floor to Jessica Peterson, Property Supervisor, for the Financial Report.  

MANAGEMENT REPORT

President Harry O’Halloran ceded the floor to Cherie Schmidt, Property Manager for the Association Management Report.

Action item #2: 2014 BUDGET

The Board resolved to adopt the 2014 operating, which includes a 3% assessment increase. 

Secretary Dean Valentine moved to approve. Treasurer Jerry Massa seconded.  The motion was approved without dissent.

Action item #3: APPROVE FIRE SPRINKLER TEST

The Board resolved to approve Simplex Grinnell to complete the 5-year obstruction test and gauge replacement for the fire prevention system for a cost of $3,000.

President Harry O’Halloran moved to approve.  Treasurer Jerry Massa seconded.  The motion was approved without dissent.

meeting adjournment

President Harry O’Halloran moved that the meeting be closed at 7:08 pm.  Director Diane Sabol seconded.  The motion was approved without dissent.