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# Willamette Towers Board Meeting ## Meeting TUESDAY, October 18th, 2022, 5:00 Board Members: Hal Dillon, Clyde Horn, David Igl, Cody York BMC Personnel: Diane Sollinger Owners: Bill Bomball, John Rose, Rick Lowen, Rhonda Stickney, Tom Ferrer, Paula Rodgers, Lisa Bostwick, Dottie Kemp ### Call to order: 5:02 PM ### Agenda Approval – Unanimous approval ### Previous Meeting Minutes Approval: Unanimous approval. ### Treasurer’s Report: #### Operating Account Summary Beginning Cash Balance [09/01/2022] $40,132 Ending Cash Balance [09/30/2022] $19,620 #### Budget – Comparative #### Month-to-Date Actual: - Total Operating Income $20,044 - Total Operating Expense ($28,504) #### Year-to-Date Actual: - Total Operating Income $181,588 - Total Operating Expense ($185,734) #### Notable Expenditures: Annual payment for Flood Insurance ($10,696) #### Reserve Account Summary Opening Balance [09/01/2022] $518,243 Contributions $19,681 Withdrawals ($7,376) Interest $22 Closing Balance [09/30/2022] $530,570 #### Notes: Primary Reserve balance: $251,107 Plumbing Reserve balance: $279,463 #### Move to Approve: Unanimous ### Owner’s Forum: Paula asked about Bike storage details – Green Committee Report John asked for June & July Minutes be loaded on the WT site. Lisa asked about Budget Committee meeting schedule – Hal will be sending email to all in the next few days. ### Committee Reports: #### MMRC: Plumbing hookup work on the 06 stack kitchens will begin next week, taking 2 days. #### Safety: Elevator will be fixed in the next week or two. #### Green Bicycle storage/parking – locker census shows 14 unused and 14 unknown user so 28 total. Diane and Dave will be posting/sending notices to all unknown lockers users that any unregistered lockers with stuff in them will be emptied. Should take about 30 days to clear after which, the demo of lockers for bike rack installs can begin. The outside racks will be moved inside. [or other system installed]. Pricing, rack design options, etc, are still TBD. ### BMC: Electrical panels work will be at the end of November. 1307 is back on the market. ### New Business: Washer/dryer discovered in unit that is up for sale. It should be removed if it interferes with our plumbing project or systems. Diane will write to owner that the existence of the W/D should not be in the adverts for the sale. ### Unfinished Business 1002-1102 leak situation was discussed at length. Appears to be miscommunications at this juncture. Repairs to 1102 are completed. The owners will continue to resolution on their own. HB2534 – a certificate from our lawyers stating that our policies and other documents do not currently contain language covered by the legislation. Gate safety upgrade – being done now. Budget – Committee will be meeting per Hal’s schedule he will email to all participants. 1311 - Mia Bella wants us to pay for plumbing repair of the hair washing stations. Diane will send them our offer to go 50/50 and Anderson will be doing the work and using the same material as in the rest of the building. White Glove window washing will wait until next year per Board vote, saving us $5k. ### Next Meetings: Regular Meeting: TBD ### Adjourned: 6:18 PM