Minutes of the Trustee Meeting

Queensberry Condominium Trust

November 19, 2012

Pursuant to the Article V.  Section 5.9 of the By-Laws of Queensberry Condominium Trust,  a monthly meeting of the Trustees was held on Monday,  November 19,  2012, at 6:30PM at the offices of Boston Choice Properties, 125 Jersey Street, Boston, MA.

Those Present:  Ning Hernandez and Jeff Schwarz , Trustees

Sheryl Kelly called in to the meeting

Michel Grappo and David Sherf were not Present

Pamela Pendias , Modica Associates  

The meeting was called to order at 6:45 PM.  

FINANCIAL REVIEW

The October financial report was sent out electronically in advance of the meeting.  The balance sheet as of October reflects $26,611 in the operating account and $43,106 in reserves.    Sheryl asked whether everyone had paid the extra condo fee last month.   Pam stated that the association collected $12,148 compared with $13,553 that should have been collected demonstrating that most had paid.   There being no further questions, the October financial report was accepted as presented.    

 

OLD BUSINESS  

Miguel has finished the touch up painting and the wall and molding in the basement of building 107 has now been restored. 

Sheryl asked about the carpet cleaning, the trustees decided to hold off on this at the last board meeting until spring.

NEW BUSINESS

The wrought Iron Railing is being fabricated and will be installed in the next few weeks.   Sheryl stated that if it got too cold, she believed it would be better to hold off until spring so as not to compromise the installation due to cold weather.    Pam spoke with the contractor who assured that weather should not be a factor. 

Ning asked about RCN.   Jeff stated that he let representatives into the building over the weekend and that RCN had distributed flyers alerting residents they could now begin to sign up for service.    However,  RCN was out to do an installation this morning and Pam was notified by RCN that they needed access to the wires that were in the “locked” Comcast Box.    Pam will follow up with both RCN and Comcast in an effort to expedite residents being able to obtain alternate service.   

The next item on the agenda was to approve the budget for F/Y 2013.   Pam had prepared a “draft” budget for the trustees to review and approve, up-dating it with the most recent figures as of October 2012.   There

will be no increase in condo fees next year.   Sheryl suggested budgeting $1,000 for trash removal in the

Minutes of the Trustee Meeting

11-19-12

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event the association opted to purchase a new dumpster next year.    Pam will make that change.   The trustees accepted the budget for F/Y 2013 with no increase in fees.

MISCELLANEOUS OTHER BUSINESS

The new “water hog” entrance mats that Sheryl had suggested have been placed in the entrances of both buildings.  

Sheryl has now removed the drywall underneath the bay windows in the living room of her unit (111-19) overlooking Queensberry Street.   No evidence of moisture was found behind the wall.  

Michael Grappo suggested to Pam that due to his schedule, the trustees think about meeting every other month instead of monthly.    The consensus was to not meet in December, meet again in January and schedule the annual meeting of unit owners in February.    The schedule and frequency of meetings will be  re-evaluated at that time.

There being no further business, the meeting adjourned at 7:20PM. 

Respectfully submitted by:

Pamela Pendias

Modica Associates

For the Recording Secretary

Queensberry Condominium Trust