Bay Colony Club Condo Blog Lives!

Sorry about the lack of recent updates, but your blogger has been busy...  being appointed to the Board....  being elected to President of the BOD... being unelected to the Presidency of the BOD.  It boogles the mind and takes a lot of time.

Anyway, the blog is  not dead and there is lots of really interesting, incredible stuff upcoming  Even a couple of laughs perhaps, for those of you with a sense of humor.

Stay tuned for alarming, hilarious, incredible revelations upcoming!  Secret Board stuff that they don't want you to know about!  Candid opinions by BOD members that you never get to hear!  Inside peeks into totally vacuous minds!  All brought to you by the BCC Blogger.

It ain't going to be dull! 

 

BAY COLONY CLUB NOVEMBER 4 BOD MEETING - SYNOPSIS

Called to order:  7:10

Board Members Attending: Bill Brady, Wilbur Bullock, Betty Francis, Sean Holland

Miscellaneous Other Attendees: Joanne, BCC Manager

BCC Owners Attendees: 47 (est.)

Fill Board Vacancy:  A motion was made by Bill Brady to appoint Danielle Harrell to fill one of the two vacancies on the BOD.  Yes: Brady, Bullock   No: Francis, Holland   Motion failed.

Acceptance of Bev Houston’s Resignation from BOD:  (Not on agenda.)  Motion made by Holland, approved unanimously.  Brady unanimously voted in to fill BOD’s Secretary position.

Board Meeting Minutes: Waived reading of September 16 and 30 minutes.   Approved unanimously.

Reports: Capital Improvements: Gordon Houston gave an update on seawall repair and our roofs.  (See BCC website for details.)

Screening:  (See BCC website for details.)

Manager:  12 units in bank foreclosure, 22 in collection with attorney.  Rec vandalized. (See BCC website for additional details.) 

Old Business:  

Rec 1 Ice Machine: Brady made motion to rescind charges against prior BOD members for illegal purchase of ice machine.  Yes: Brady, Bullock  No: Francis, Holland  Motion failed.  More on this in an upcoming blog editorial.

New Business:

2010 Audit:  A previously used audit firm (DeCrecenzo) was unanimously voted to perform the 2010 audit.

2011 Monthly Accounting:  The contract with our existing accounting firm ($3,200 per month) was renewed for 2011.  Unanimous approval.

Verbal Communication BCC Attorney/ BOD Members:  a (undecipherable) motion was made resulting in a tie vote.  Yes Francis, Holland   No: Brady Bullock  Motion failed.

Rules & Regulations:  Tabled.

Meeting adjourned at 8:32 

Open Forum (8:33-?)

For the most part, the usual nit picking and/or very lengthy comments from folks enamored with their own voice. 

Corrections and comments would be appreciated.

BCC REALTY REPORT AS OF 9/30/10

Total # 2 BR for sale: 18

High         $299,900
Low          $163,777
Median      $219,495

Sold 2 BR YTD:  15      LP/SP*         Days on Market
High         $275,000          102%                450
Low          $130,000            65%                   90
Median      $157,500           90%                168

Total # 1 BR for sale:  3
High       $113,500
Low        $ 85,900
Median    $ 93,500

Sold 1 BR YTD:  11       LP/SP*         Days on Market
High:    $117,000                97%                      42
Low:      $ 82,500                83%                      30
Median:  $ 88,250                91%                     207

*LP/SP = Sales Price divided by Listing Price, or what % of the listing price was actually paid
.
Information provided by Marge Matinale, Lic. Associate Broker, Better Homes & Gardens Real Estate, 954-298-2527, fax: 954-771-7367, email: margesells4u@yahoo.com

BAY COLONY CLUB SEPTEMBER 30 BOD MEETING - SYNOPSIS

Board Members Attending - Bill Brady, Wilbur Bullock, Betty Francis, Sean Holland (by phone), Bev Houston

Board Members Absent  -  Bill Delaney

Miscellaneous Other Attendees  - Joanne, BCC Manager

BCC Owners Attendees - 38-60 (various estimates)

Board Meeting Minutes -  Reading of 6/24 and 7/22 minutes waived.  7/24 minutes amended to state “40 hour/week = Full-time employee eligible for health care.”  Passed unanimously.

Reports  

President - Port Royale Redevelopment plans.  (No information available to blogger.) 

Treasurer -  Available on BCC website. 

Screening - 13 leases, 3 sales, two 2nd occupant

Manager  -  Available on BCC website 

Long-Term Planning & Capital Improvements -   Available on BCC website 

Old Business

Walker Case - Voted to settle, with BCC paying their share (?) of $12,500. Passed unanimously.

Collections - Action to collect past due assessments (Including foreclosure) from 6223-4 and 6411-1 passed unanimously.

Seawall Change Orders - Ratified Change Order for removal of 12 old pilings @ $200.00 each and a Change Order to remove and replace 10 regular wooden pilings at $850.00 each. Total cost $10,900 payable to BK Marine. Passed unanimously.

Tree Trimming & Replacement - Hire Safari Trees to trim 172 palm trees and 28 yellow tabs, plus replace a dead guava tree and queen palm at total cost of $6,477. Passed unanimously.

Meeting Sound Equipment - Bill Brady’s motion to upgrade and replace present system for $3,740 not seconded and motion failed.

New Business

Service Animal Request - Request from 6353-1 for “support animal” (companionate?) passed. Bill Brady only NO vote.

Entry Carpeting - Replacement of entry indoor/outdoor carpeting in buildings 1-14 at  cost of $3,205.41.  Passed unanimously.

Employee Benefits - Full-time employment must be at least 40 hours/week.  Only full-time employees eligible for all benefits.  Passed unanimously.

Community Relations - Reimbursement of $791.08 for catering, entertainment and supplies for past parties. Passed.  For: Wilbur Bullock, Bev Houston, Sean Holland.   Against: Bill Brady. Abstained (conflict of interest): Betty Francis

Meeting adjourned at 8:47 pm.

Open Forum

Mostly about BCC Manager’s contract.

Your blogger not at this meeting, so your corrections and comments would be appreciated.

A NEW BCC MANAGER????

The BCC manager's contract is set to expire.  It is the Board of Directors' responsibility to renew the existing contract or to solicit applications from candidates for the job (including the present manager.)

This is an important decision and I am certain the BOD would appreciate owners' input. 

Your blogger will not venture an opinion on this but owners should feel free to comment.  

Comments are always more significant if the commenter reveals his/her identity.  How about going on the record?

10/13/10 NOTE:  I'd like to remind you folks that the topic here is BCC's manager, not the failings (intellectual, moral, linguistic, genetic) of your neighbors.  Nice to see there is some interest in who manages BCC though. 

BAY COLONY CLUB REALTY REPORT AS OF 8/31/10

Total # 2 BR for sale:  18
High         $299,900
Low          $149,000
Median      $182,000

Sold 2 BR YTD:  15      LP/SP*         Days on Market
High         $275,000          101%                365
Low          $130,000            65%                   8
Median      $157,500           90%                168

Total # 1 BR for sale:  3
High       $115,000
Low        $ 89,900
Median    $ 93,500

Sold 1 BR YTD:  11       LP/SP*         Days on Market
High:    $117,000                97%                      42
Low:      $ 82,500                83%                      30
Median:  $ 99,000                90%                      25

*LP/SP = Sales Price divided by Listing Price, or what % of the listing price was actually paid
.
Information provided by Marge Matinale, Lic. Associate Broker, Better Homes & Gardens Real Estate, 954-298-2527, fax: 954-771-7367, email: margesells4u@yahoo.com

BAY COLONY CLUB JULY 22 BOD MEETING - SYNOPSIS

Open Forum:

Nothing particularly noteworthy.

Board Members Attending: Bill Brady, Wilbur Bullock, Betty Francis, Sean Holland (by phone), Bev Houston

Board Members Absent: Bill Delaney

Miscellaneous Other Attendees: Joanne, BCC Manager

BCC Owners Attendees: 16(est.)

Board Meeting Minutes: Tabled

 

Reports:  

President’s: None given. 

Treasurer: Available on BCC website. 

Screening: 2- leases, 3-sales, 1- 2^nd occupant

Manager: Available on BCC website 

Old Business:

Walker case drags on.

Swimming pool resurfacing: Costs increased by $500 ($4,000 each) for the remaining 3 pools. Unanimous approval

New Business:

Tree Removal/Replacement one company selected for removal and stump grinding, another for planting replacements. Unanimous approval.

Meeting adjourned at 9:47

Corrections and comments would be appreciated.

REPEATING SOME SUGGESTIONS FOR BAY COLONY CLUB BOD

This article was published April 14, 3-1/2 months ago.  It is being re-published because the BOD has not yet acted on any of these suggestions  Changes to the original article are noted with highlighted, red, bold, italic fonts.  It is disappointing that the agenda for the July 22 meeting includes none of the following.  It is hoped that the BOD will consider and act on these suggestions in the near future.

Our present BOD faces an election in less than a year.  While they are in office, they have the opportunity to take actions which will help future BOD’s and prevent the abuses which, under some past BODs, were common.  This is my wish list:

1. Develop and install election policies to prevent rigged elections in the future.
2. Install closed circuit video cameras with guard shack monitoring to prevent vandalism and theft.
3. Develop and distribute written rules and regulations to govern the actions of the BOD. Fine Board members who violate the rules. (i.e. Solicitation for bids and bidding process, abuse of powers, violation of privacy policies, etc.)
4. Write and distribute a condemnation of the prior BOD for illegal, self-serving and/or ignorant actions. A detailed written and published expose will discourage proven undesirables from future attempts to (again) get on the BOD.
5. Get rid of the worthless, antiquated speaker phone and install video conferencing so call-ins can hear what's going on and the audience can hear the call-ins at BOD meetings!
6. Publish and distribute updated BCC Rules & Regulations for unit owners and residents.  (see #3 above.)
7. Have a serious, detailed cost/benefit analysis prepared on the establishment of reserves.  (For an interesting article, see: http://blogs.sun-sentinel.com/condoblog/2010/07/how-much-should-your-association-save-for-a-rainy-day.html) 
8. Act on Gordon Houston's Capital Improvements Report.

Please add your comments & suggestions.

BAY COLONY CLUB JUNE 24 BOARD MEETING - SYNOPSIS

Editors Note: Detailed coverage of the BOD meetings has been boring to write and probably pretty boring to read. This report and all future reports will be condensed to cover just the more important or amusing actions. There will be more editorial comment added in red.

Owners seeking more detailed information on BOD meetings can go to BCC official website, read the BCC Newsletter or attend the meetings 

.

Open Forum: Questions/comments from owners:

The most amusing question was Sam Slota’s asking: “Why the need to suddenly redact personal information from BCC owners’ files at great expense?” Duh…. It should be obvious Sam; to keep future BOD presidents from (again) running off with confidential owner data.

Board Members Attending: Wilbur Bullock, Bill Brady Betty Francis (by phone), Bev Houston

Board Members Absent: Bill Delaney, Lisa Farinacci, Sean Holland (due to failed Skype connection)

Miscellaneous Other Attendees: Joanne, BCC Manager

BCC Owners Attendees: 22 (est.)

Board Meeting Minutes: Waived reading of and approved May 20 minutes

Treasurer, Screening & Manager Reports: Available on BCC website

Long Term Plans & Capital Improvements: Gordon Houston's interesting report regarding balcony, seawall and roof repairs. Hopefully this will be made available verbatim on the BCC website.

Old Business:

• Bill Brady appointed to organize Rec 2 upgrade of audio/video system.
• Robert Kuznietz named to chair Violations committee
• Walker case still smoldering along, Unanimous vote to add former UCM manager to those defended by B/P due to old contractual obligation.

New Business

• New company to provide employees health insurance as of August 1 (dental new addition) at about the same cost as last year’s.
• Association to foreclose, take limited title and lease apartments at market rate that are in arrears in maintenance payments.
• Association to adopt and enforce all July 1 2010 amendments to F.S. 718. (See link in left column for details of changes.)
• Seawall between buildings 15-17 to be repaired and rebuilt by B.K. Marine & McFarland. $90,120
• A request for a “service” (companion) animal in 6201-1 approved. (*?)
• Swimming pools at Rec’s 2, 3 & 4 to be re-surfaced. $3,500 each.

President’s Overview

The BOD is working harmoniously to solve problems and maintain our property despite conjecture to the contrary.  (Paraphrased)

Meeting adjourned at: unknown time, but very late

*Your blogger is not about to put an oar in this (doggy) water but there are apparently strong opinions pro and con.  Here's your chance to be heard.  COMMENT.

Corrections and comments would be appreciated.

BAY COLONY CLUB REALTY REPORT AS OF 5/31/10

Total # 2 BR for sale:  14

High         $299,900

Low          $169,900

Median     $227,495

Sold 2 BR YTD:  7      LP/SP*         Days on Market

High        $195,000          96%              370

Low         $130,000          82%                30

Median     $157,500          90%              203

Total # 1 BR for sale:  8

High       $129,000

Low        $  88,888

Median    $102,445

Sold 1 BR YTD:  6       LP/SP*         Days on Market

High:      $117,000         94%                   42

Low:       $ 85,000          82%                 375

Median:  $ 88,450          88%                 126

*LP/SP = Sales Price divided by Listing Price, or what % of the listing price was actually paid.


Information provided by Marge Matinale, Lic. Associate Broker, Better Homes &  Gardens Real Estate, 954-298-2527, fax: 954-771-7367, email: margesells4u@yahoo.com