NASSAU HOUSE ASSOCIATION
ANNUAL GENERAL MEETING

WEDNESDAY JANUARY 26, 2005

BOARD MEMBERS PRESENT:        Roy Regeske, Marie Kastenbauer, Michel Pytlarz, Carlos Rosende, and Marge Trani.

OWNERS PRESENT: 66                    PROXIES: 42              QUORUM MET

OFFICE MANAGER: Doris Schmidt

Meeting was called to order at 7 P.M.

Minutes of January 17, 2005 was read by Marge and accepted..

TREASURER’S REPORT:

Carlos deposited $ 23,327.14, into the Association checking account, on January 25, 2005. The balance, on that day was $ 73,109.35.

As is the custom at the annual meeting, Marie read the names of the deceased unit owners, from the previous year. They are Ann Swanson (611) and  Fred Siccardi (907).

New unit owners are 702, 704, 1106, 1202, 212, 711, 205, 208, 310, 907, and 403.

Congratulations to Mark and Tricia (unit 404) on their new arrival this past December.

MAINTENANCE INCREASE:

Roy explained maintenance has not increased in three years. However, due to higher costs for electricity, water, materials, labor, etc. (FPL has raised their rates 8%) it was necessary.

There are 92 singles and 60 couples, many of whom are employed full-time; therefore, causing a lack of volunteers.

ONGOING RULES & REGULATION INFRACTIONS:

Marie reiterated that the trash rooms are for newspapers and glass, only. No large items such as appliances etc. should be left in the dumpster room and all boxes should be broken down. The laundry rooms should be kept clean especially the lint filters and the sink area. Shopping carts should be returned to the dumpster room and not left in the hallways for an extended period of time.

COMMERCIAL VEHICLES are not allowed to be parked on the property, per Pompano city ordinance. Exceptions are service vehicles for work being performed in the building.

FIRECRACKERS:

Fireworks have been thrown off the balconies and this must not continue!

DOCUMENT CHANGE:

Re: 20% down payment/prepayment of maintenance will be reissued, as corrected, for vote by owners.

BUDGET FOR 2005:

Approved and accepted.

RESERVES AND FINANCIAL AUDIT:

Voted down by owners.

IMPROVEMENTS/REPAIRS:

Roy enumerated the following changes in 2004---

·         NASSAU HOUSE SIGN                                     

·         FLOWERS AND LANDSCAPING                     

·         POOL TRANSFORMER

·         CATWALK LIGHTS

·         PALM TREE TRIMMING

·         CARPORT PAINTING

·         LOBBY REDECORATION

·         NEW RECREATION ROOM AIR-CONDITIONING

·         SANITIZING OF TRASH CHUTE

·         NEW HANDICAP RAILING

·         ENTRANCE PILLARS/LANTERNS PAINTED TO MATCH SIGN

·         DOCUMENT CHANGE

·         ROOF RECOATED

·         NEW SECURITY CAMERAS

QUICK BOOKS FOR OFFICE COMPUTER—UPDATED BY MICHEL, AT NO COST

NEW REAR ENTRANCE AWNING AND RECREATION ROOM SHUTTERS—PAID FOR BY THE LADIES COMMITTEE.

SPECIAL THANKS TO SANDY FOR ALL HER WORK ON THE LOBBY AND LANDSCAPING AND TO MICHEL FOR ALL HIS TIME AND WORK ON THE NEW QUICK BOOKS INSTALLED ON THE OFFICE COMPUTER.

NEW BOARD MEMBERS:

ANTHONY DECESARE AND THOMAS PUNTILLO.

Marge requested more owners attend our meetings and express their concerns and suggestions.

Meeting was adjourned at 9 P.M.