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
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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 

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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

AN UNREPORTED FELONY?

FLORIDA STATUTES: TITLE XLVI (CRIMES), CHAPTER 817 (FRAUDULENT PRACTICES)

"(4)  Any person who willfully and without authorization possesses, uses, or attempts to use personal identification information concerning an individual without first obtaining that individual's consent, and who does so for the purpose of harassing that individual, commits the offense of harassment by use of personal identification information, which is a misdemeanor of the first degree, punishable as provided in s. 775.082 or s. 775.083.

 

(5)  If an offense prohibited under this section was facilitated or furthered by the use of a public record, as defined in s. 119.011, the offense is reclassified to the next higher degree as follows:

(a)  A misdemeanor of the first degree is reclassified as a felony of the third degree."

DOES SAUNDRA ZUBKO HAVE YOUR NUMBER? (Re-printed from an earlier blog article.)

Social Security? Drivers License? Credit card? Bank account? Unlisted phone? Date of birth and mother’s maiden name?

In a February 19 letter*, Bill Delaney, Bay Colony Club Board of Directors V.P., alleges: “Photocopies of your personal information were illegally taken from the office by Saundra Zubko.” Delaney advised: “You need to take immediate action to protect your identity and consider placing a fraud alert and or security block with all of the credit reporting agencies.”   *(To see a copy of this letter, click on “BCC 2010 Delaney Letter” under “Links” in the left column.)

1. Is this allegation true? If so;

2. What other BCC owners had information stolen?

3. Who else knew about this theft and when did they know it?

4. Who, besides Zubko, has this stolen information?

5. What action will be taken (immediately and longer term) to prevent future acts like this?

6. Is it really safe to leave keys to my apartment with the office?

Hopefully answers will be given at Monday’s Board meeting. Stay tuned for further info.

6/5/10 Since individuals' personal data was allegedly removed from BCC files without the consent of the individuals, this is a criminal as well as a civil matter.  The BOD investigated and apparently confirmed the allegations as true.  Since the data was under the safe-keeping of the BCC Association, why hasn't the BOD filed criminal complaints against all those involved?

BAY COLONY CLUB MAY 20 BOARD MEETING - SYNOPSIS

Open Forum : Questions from owners on replacing U.S. flag, BCC office charges for notarizing documents, changing BOD meetings day to Mondays.

Board Members Attending: Wilbur Bullock, Lisa Farinacci, Betty Francis, Bev Houston

Board Members Absent: Bill Brady, Bill Delaney, Sean Holland

Miscellaneous Other Attendees: Joanne, BCC Manager

BCC Owners Attendees: 25 (est.)

Board Meeting Minutes: Waived reading of April 15 minutes, waiver and minutes themselves approved unanimously

.

Reports: President’s, Treasurer’s, Screening, Community Relations, Manager’s are, or should be available on BCC website.

Capital Improvements Report: (Not on agenda, but voted unanimously to include.) Gordon Houston gave an interesting report on capital needed improvements which touched on roof edge connection improvements (initial estimates $40,000 per building) , seawall repair, balcony and balcony railing repair. Further details and progress reports expected at the next BOD meeting.

Old Business: Collection Attorney: A new collection attorney was selected to replace John Stevens. Ticket Fine Requests: Outstanding tickets for two residents were negated due to “selective enforcement.”

New Business: Security Gate Equipment Ratification: A lightning strike required immediate replacement of most electrical and electronic equipment in the Gatehouse. Ratification of replacement costs net of insurance approved unanimously. Swimming Pool Drain Cover Ratification: Purchased due to code requirement. Approved unanimously. Swimming Pool Heater Fence: New code requires fences around pool heaters @ $4,300. Approved unanimously. Insurance Package Policy Renewal Ratification: Details in prior minutes. Ratification unanimous. Rec Center 2 Sound System: Upgrades to Rec 2 sound and recording equipment (up to $3,000) approved unanimously. Smoking Urns: Purchase of two smoking urns ($288 each) for Rec 2 approved unanimously. Request for Bid: Development of a formal written request for bids, including a provision for Whistle-Blower rewards, approved unanimously.

Meeting adjourned at 9:10 P.M.

Editorial Comment:: Members of the disgraced and repudiated former Board of Directors turned up in full force for this meeting. Their obvious intent was to carp and nit-pick any and all actions of the present BOD. It is amusing to hear the folks who gave away $100,000 of BCC’s money to a “cable TV consultant”, question $5 notary fees being charged at the office.

It would be in all our interests to attend Board meetings and challenge the lies and obfuscations trotted out by this bunch before they confuse the owners who didn’t pay much attention while their assessments were being mis-spent.

Corrections and comments would be appreciated.