View the official pdf version of the minutes

# Willamette Towers Board Meeting ## Meeting TUESDAY, January 14th, 2020, 5:15pm Board Members: Lauren Dame, Jean Kern, Hal Dillon, Clyde Horn, Jesse Fittipaldi BMC Personnel: Diane Sollinger, Tom Weaverling Owners: Barb Bomball, Bill Bomball, Phyllis Fisher, Linda Seymour, Rick Lowen ### Call to order: 5:16 PM ### Agenda Approval – Unanimous approval ### Previous Meeting Minutes Approval: Clyde moved, Jean 2nd – Unanimous approval ### Treasurer’s Report: **Month ending: 12/31/2019 As per BMC statement:** #### Operating Funds (Trust Account): Beginning Cash Balance in Trust Account: $2,000 Ending Cash Balance in Trust Account: $1,456 #### Annual Budget – Comparative **Total Operating Income:** MTD Actual: $32,343 YTD Actual: $376,389 **Total Operating Expense:** MTD Actual: $32,629 YTD Actual: $310,974 YTD % VAR +8.4% #### NOTES: $12,147 was transferred to the Reserve Fund on 12/31/2019. This transfer is not shown in the 12/31/2019 Morgan Stanley statement below. #### Reserve Account: As per Morgan Stanley statement dated 12/3/1/2019 **Cash Flow:** Opening Balance $37,305 Contributions (Not included in BMC report.) $5,331 Withdrawals $95 Interest $1 **Closing Balance**: (“Total Cash Reserves-Allocated”) $42,542 #### Move to Accept Treasurer’s report – Clyde moved, Lauren 2nd – Unanimous approval ### Committee Reports: #### MMRRC: no updates - Still looking for plumbing prices. #### Security & Technology (SecTechCom): We had the Eugene PD walk around with the Community Services Officer. Suggestions from that were: - improve lighting, - improve sight-lines and - remove “ambush spots”, suggested that signage lays claim to area so “No Trespassing” signs are needed in North walkway as well as - a fence to eliminate easy pass-through traffic, - repaint graffiti as it occurs using rotating volunteer teams   Board tasked Committee with coming up with costs and plans to reclaim the walkway area. Suggestions included: - raised bed garden space, - replace the dying arborvitae with barberry and - install intermittent sprinklers to discourage camping and loitering.   We may also add lighting upgrades and camera coverage to $$ investigation. ### BMC Report: Actiongrams forwarded to Board. Two lessees are interested in the 3 spaces and a proposal for rents will be presented to Board prior to the offer to the businesses. ### Owner’s Forum: no input ### Old Business: Compost recycling begins Jan 4, 2020. “How To’s” were posted and sent out. Pickup is every 2 weeks on Thursday midmorning. ### New Business: none. ### Next Meeting Planning Meeting: Tuesday, February 4th at 5 PM. ANNUAL MEETING 27 February 7 PM ### Adjourned at 6:16 PM