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President John Laprade
John Laprade
The meeting was called to order at 7:32 p.m. by President John Laprade.

Roll Call
Board Members Present: John Amatulli, Stephanie DeAngelis, Herbert Fontecilla, John Laprade, Fern McBride

Board Members attending via ZOOM Video Conferencing Platform: Sonia Picariello, Kevin Suszko

Approval of Minutes

  • Minutes of the January 23, 2019 meeting were distributed and posted in advance. A motion was made by Kevin Suszko to accept the minutes as written. The motion was seconded and approved.

  • Minutes of the February 28, 2019 meeting were distributed and posted in advance. A motion was made by John Amatulli to accept the minutes as written. The motion was seconded and approved.

  • Minutes of the March 20, 2019 organizational meeting were distributed and posted in advance. A motion was made by Herbert Fontecilla to accept the minutes as written. The motion was seconded and unanimously approved.

President’s Remarks - President John Laprade addressed several key association issues.

  • Welcomed our two new board members: Herbert Fontecilla and Sonia Picariello.

  • Thanked all owners for participating in the recent board of directors election.

  • Spoke about signing up to serve as members of various committees.

  • Shared information regarding the concrete restoration project: bond issue, possibility of securing a line of credit to proceed with the project, which might take 2 to 3 weeks.

  • Regular monthly board meetings: scheduled for the second Monday of each month at 7:30 p.m., with the exception of October and November, to be held on the second Wednesday.

Treasurer John Amatulli
John Amatulli
Treasurer's Report -
Treasurer John Amatulli cites Key Financial Metrics through February 2019:

  • Bank Accounts
    • As of February 28th, our cash and operating accounts totaled $ 461.855

    • Our reserve accounts totaled $ 715,704. Included were $100,095 for painting and $ 228,971 for balconies.

    • The total of all accounts is $ 1,177,559, an increase Year to Date of $163,942.

  • Budget Year to Date - Year to Date, expenditures exceeded income by $ 746.

    • Administration - we are $ 7,410 over plan. The overage in the Legal Services budget was $ 7,457.
    • Insurance - , we have saved $ 5.590.
    • Utilities - we are $ 1,531 over plan. Water & Sewers was $ 1,941 over budget.
    • Contracted Services - we were $11,093 over plan. Exercise Equipment was $ 6,362 and Roving Patrol was $ 4,063 over budget.
    • Payroll and Taxes - we were $ 21,891 over plan. The overages were attributed to the extra pay period in January.
    • Repairs and Maintenance - accounts, we have saved $ 8,996.

  • Aged Owner Balances
    • Unpaid balances totaled $ 19,847 a reduction of $ 16,787 from the prior month Included are 7 accounts that are $ 15,436 unpaid for over 30 days and of these 4 accounts have $ 4,411 unpaid for over 60 days. There is one unit, in foreclosure, which has been referred to our attorney for legal action.

  • Concrete Restoration Special Assessment
    • As of April 3rd, we had a balance of $ 456,078.80, in the Centerstate Special Assessment bank account, statement attached. Update, as of April 8th, the balance is $ 611,774. Several owners have asked if they still have to pay the April assessment since the project has ben delayed due to bond issues. The answer is YES.

All of the above information and the attached financial statements were from an outside source and were not subjected to an audit or a review. I do not express an opinion nor provide any assurance on them.

Copies of the complete Treasurer's Report are available in the office or the password protected website (1regencytower.com) - only to members.) . - editor

Prohibition on Short Term Rental - This subject/concern is being investigated.

Design and Decorating Committee Report

  • As former members of the Design and Decorating Committee, 2016-2018, we would like to thank the board members for their cooperation and support with the development of the building’s interior.

  • The following was decided by vote for the exterior of the building:
    • Building exterior - white paint, SW7006 extra white, with gray trim, SW7667 zircon, and tile scents (sample in administrative office).

    • Building entrance - large porcelain slate like tile (sample in administrative office).

    • Exterior building signage - same color scheme as building colors

    • Garage awning - varying stripes in same color scheme.

    • New exterior lighting.

  • At this time we would like to make additional recommendations:
    • Barbeque/outdoor kitchen area - in the area to the west of the pool. This is a large space that is being underutilized. We recommend a new barbecue area similar to the Riviera. It would include three barbecue grills on the south side with exhaust fans in order to eliminate odors for the residents The area would also have sitting areas for people to eat and would extend the Rendezvous Room area for social and building events.

    • Include the secured south side entry door within the confines of the gated entry to the upper deck.

    • Install ice maker in the vicinity of the Rendezvous Room.

    • Beach umbrellas/chairs - new chairs and umbrellas in the pool area and on the beach. We recommend the same colors around the pool and beach in slate blue/white.

    • Portable bamboo walkway to beach - you can visit Regency South and Royal Ambassador to see the walkways that they have.

    • Replace current barbecue area with a Bocce Ball court.

  • We would like to thank you for your time and consideration.

  • Francine Benaviv, Barbara Reidy, Mary Lou Rinomato, Reeta Luthra, Carol Rigney

Secretary Fern McBride
Fern McBride
New Business

  1. Committees - sign-up sheets available

    1. Budget and Finance - John Amatulli volunteered to chair

    2. Communications: Monthly Newsletters and Websites

    3. By-laws and Rules and Regulations Review; Fines for Violations - Herb Fontecilla volunteered to chair

    4. Employee Holiday Committee - Herb Fontecilla suggested employee holiday funds be a budget item; tabled for future agenda

    5. Social Committee - Sonia Picariella volunteered to chair

  2. Updated FOB-Security System - Tabled until more information is obtained and three (3) estimates received

  3. Resident Shredding Day - Arrangements and estimates will be obtained for this service

Adjournment - No further business, the meeting was adjourned at 9:06 p.m.

Fern McBride
Board Secretary

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