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2007 Tax Info

 

Silverado II Condominium Association
Board Meeting

Saturday, September 15, 2007 at 9am

Meeting was called to order at 9:10 a.m. Board members in attendance were President Matt Scurry, Vice President Jerry Parr, Secretary/Treasurer Kathleen Mallow, Timeshare
Representative Thomas Duke, and Director Hank Heuerman. Robin Wirsing, Jon de Vos, Sean McNamara and Debbie Briggs represented the property management company, Allegiant Management LLC.

Matt Scurry made a motion to approve the board meeting minutes from April 14, 2007. All the board members were in favor, and the motion passed unanimously.

Jon de Vos informed the owners that the roof project was completed. Jon de Vos also stated that the deck replacements were almost completed as well. Sean McNamara stated that 6 timeshare units were painted this summer, and that each unit is scheduled to be painted every four years. Also, Sean let the owners know that the gas fireplace conversion has been an excellent improvement to all timeshare units.

Jon de Vos explained the association owned inventory list. Jon de Vos stated that the inventory is growing due to the fact that more delinquent accounts are being foreclosed on, generating more inventories for the association. Jon de Vos let the board know that association weeks are available for sale on the website, with prices for “Red” weeks at $750.00 and “Blue” weeks at $500.00.

Robin Wirsing explained that the RCI ratings are variable now due to the fact that the mattress and carpets need to be replaced in all the timeshare units. Robin stated that by next spring, half of the timeshare units will get new carpeting and mattress’s, with the second half of the timeshare units being completed the following spring.

Matt Scurry told the board that he will be talking to someone in the following weeks egarding the bar and kitchen. Matt will keep the board informed of the results of this meeting.

Other old business included talk about revising the Pet Policy, and posting signs regarding ski and bicycle accessibility within the buildings.

Robin Wirsing reviewed the financials. Robin Wirsing stated that the roof project stayed within budget. There was a question regarding the amount budgeted for activities. Robin Wirsing stated she will review and let the board know what the reason is.

Jerry Parr announced to the board his intentions to sell his unit. Jerry told the board that he will serve until his unit sells.

The board will have a conference call on November 26, 2007 time to be determined.

With no further business the meeting adjourned at 10:45 am.

 

Silverado II, PO Box 66, Winter Park, Colorado, 80482


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