Minutes of Harbourside Condo Association meeting on December 12, 2008

Meeting was called to order by Paul Stokes at 1:10 pm. Other Board members present were Arthur Frischman, Tony Diorio, Dean Boyce. Tele-conference included Bill Abbate and Gloria Sager.

First order of business was a motion to accept the resignation of Michael Paolone as a Director. This motion passed with unanimous consent of the Board.
Second order of business was the appointment of Dean Boyce to serve the remaining term of Michael Paolone, with unanimous consent of the Board.
Rick Turner gave a Manager’s Report indicating:
1. A workable budget had been adopted and approved for 2009.
2. Contractor bids for catwalk repairs on the 5th floor of building 4 have been received and are being reviewed by engineer Stan Swaziland. It may be necessary to have a meeting with building 4 residents to decide on a course of corrective action.
President Stokes then advised that a roofing contract has been awarded to Academy Roofing Company with a proposed starting date on 5 January 2009 and a 60 day completion period. It may necessitate a work day from 7 a.m. to 5 p.m.
Dean Boyce (generator committee chairman) reported that a problem has been encountered pertaining to the location of the new generator fuel tank and solutions were being sought.

At 3 p.m. a motion to accept the 2009 budget, as presented, with Partial Reserve Funding based on a vote of the community was passed unanimously by the

Board of Directors. The community vote was 108 votes for partial funding and 2 votes for full funding.

The meeting adjourned at 3:15 p.m.