Certifying of Quorum & Call to Order:
At 4:05 PM on November 05, 2015, Dan Creedon called the meeting to order and roll was taken:
 
Present for the Board:

• Dan Creedon, President (phone)
• Pierre Forget, V President
• Dennis Rosenfeld, V President
• Tom Cassidy, Secretary
• Barbara McCall, Treasurer
• Barbara Ellis, Director
• Sharon Dowling, Director (phone)

Absent for the Board:

• None.

Also Present:

• Lorri Hill – Royal Management

Present for Membership:

• Victoria Rembacz, 203
• Bill Todd, 503
• Reinhold Jabusch, 603
• Robert Belanger, 606
• Diane Rosenfeld, 704
• Cindy Cassidy, 705
• Carol Forget, 706
• Heinz Rohmann, PH4
• Fred & Anna Enrico, PH5

Lorri Hill began to record the minutes.

Proof of Notice of Meeting: The notice of Board meeting was posted & emailed
on 8/25/2015.

Motion made by Barbara Ellis to waive the reading of the 10/22/2015 minutes and approve. Seconded by Pierre Forget. All in Favor: Dan Creedon, Pierre Forget, Dennis Rosenfeld, Barbara McCall, Tom Cassidy, Sharon Dowling, Barbara Ellis. All Opposed: None.
 

Officer Reports:

• Treasurers Report given by Barbara McCall: We are over budget on maintenance & repairs. Operating account is $73,000 with unpaid assessments at $48,000.00. There is $73,000 in reserves account & $170,000 in special assessment account. Prepaid Maintenance is $13,000.00. The year to date loss is $138,000. Dan Creedon addressed the unexpected repairs this year.

Construction Updates:

• Core drilling will commence for east rails next week, still on schedule for completion 12/31/15.
• Elevator replacement pump is scheduled for delivery on or before 11/6, under warranty.
• Elevator failed load test during the annual inspection, will be rescheduled by Thyssen Krupp.
• Tom Cassidy reports that TDC will start on Monday on social room deck.
• Dennis Rosenfeld posted the proposed plan for west elevation at building and on Sharon’s RT website.
• A&B Dock installed footings for new decking.
• Met with PLA, made electrical plan for west elevation.
• Met with 2 security companies for alarm service and camera service & FOB access.
• Need to install solar lights at dock, install fan & lights on pool awning after Jones tightens the frame (ASAP).
• Mail room lights to be installed upstairs by PLA.
• Seawall rope 1 inch opening ordered by Dennis Rosenfeld to be installed by A&B Dock.

Old Business:

• None.

New Business:

• None.

Adjournment:

Motion made by Barbara Ellis to adjourn the meeting at 5:07 PM. Seconded by Pierre Forget. All in Favor: Dan Creedon, Pierre Forget, Dennis Rosenfeld, Barbara McCall, Tom Cassidy, Sharon Dowling, Barbara Ellis. All Opposed: None.