Dear Anita,
Thank you to the BOD for hosting the zoom meeting last week to explain to the community why they believe both a special assessment and also an increase in the monthly HOA fee are needed. I was particularly impressed with the preparation and professional demeanor displayed by our new Treasurer, Alexis Ortiz Heaney. The meeting did leave me with some questions, and I was pleased that on numerous occasions during the presentation we were encouraged to submit questions and that replies to all questions would be forthcoming from the BOD.
My questions:
1. The 2022 Budget included $475,000 for "One-time Maintenance Projects". They were Security System/FOBS ($25,000), Stairs to the Beach ($280,000), Beach Maintenance/Boundaries ($70,000), Common Area Maintenance near Maintenance facility ($100,000). Of these I believe the only one completed was the Security System/FOBS This would leave $450,000. Shouldn't we be using that previously budgeted money before having yet another special assessment? Is that money gone? Did we spend it on something else? If so, what did we spend it on?
2. It appears there was an expense of $100,000 for the delay in the elevator repair. Specifically, what was this expense for and what company did we issue checks to for $100,000?
3. In the 2022 budget, beach stair repair was $280,000. Now it looks like the new cost is $140,000. What happened to lower the cost by half? Do we have actual quotes or are these just guesses?
4. Do we have contracts for the stair repair and the bridge to the elevator repair? Are permits required? If so, have we applied for them? Since we closed the elevator in mid-October for the purpose of getting started on the bridge repair and to date no work has been completed, what is the BOD confidence level that the bridge and elevator will be available this Spring?
5. The special assessment indicates we need $50,000 for "survey". What do we need to survey? The waterfront has been surveyed a few times over the past three years. Did we get a quote from a surveying company to come up with the $50,000 figure?
6. After we took down the white vinyl beach fence it was saved and put in storage. Last Summer it was actually brought back to the beach and stored on the shale bed behind our sand beach. That fence is not that old. There was a question about it on the zoom call, however the reply seemed insufficient. Why must we purchase another fence?
Thank you again for the presentation and for taking questions. I look forward to your reply.
Brian Voorheis
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