Board Meeting Minutes – January 20, 2011

by admin on January 28, 2011

MINUTES OF THE BOARD OF DIRECTORS MEETING

January 20, 2011

PALM WORTH COOPERATIVE

2850 SOUTH OCEAN BOULEVARD

PALM BEACH, FLORIDA 33480

1. President Brennan called the Meeting to order at 3:00 PM.  Directors Gerwig, Keller, Wallis, Brennan, Apostolico and Hobson were present. President Brennan announced the resignation of Director Bill Hanvey.

2. Secretary Wallis moved that the reading of the November 16, 2010 minutes be waived and they be approved. Seconded by Gerwig and Approved.

3. Treasurer Glenn Keller presented the financial results as of November 30th with the operating account showing a surplus of $55,016.  Line item expenses are in line with the budget.  Special projects are not yet in, but are projected to be on budget. Wallis moved we accept the report, Seconded by Hobson and approved.

4.  The board reviewed the bids to replace the elevator doors and do extensive maintenance to the working parts. Both elevators would be done this summer using money from the Reserve account. Keller moved we accept the bid from our present elevator maintenance company Thyssen Krupp for $33,000. Seconded by Hobson and approved.

5.  Robert presented the three bids for resurfacing the parking lot and Wallis moved we select M&M paving for $3,780. Seconded by Apostolico and passed.

6. Jim Apostolico discussed the three estimates to replace railings on our walkways. Carousel, which did the stairwell project, was the lowest bidder at $720 per rail. The evaluation done last year identified about 20 -25 rails that should be replaced. Jim Apostolico moved we accept Carousel’s bid. Seconded by Wallis and approved.

7. Bill King reported that the Citizens Association is selling flags to celebrate the 100th birthday of Palm Beach at $200 per flag which would be hung on A1A in front of our building. Wallis moved we buy one. Seconded by Hobson and approved.

8. The social committee recommended we buy a convection oven for the clubhouse kitchen. Motion by Hobson, seconded by Apostolico and approved.

9. Robert reported that the Palm Worth website, www.palmworth.net is in the beginning stages under the hard work of Mike Moffit.

10 Jim Apostolico led a discussion of various proposals for beach chair storage under the new stairwell. The Beautification Committee under David Gerwig will come up with a proposal and estimate. Wallis moved we authorize Robert to contract for the fencing to close off the open access to the pool. Seconded by Hobson and approved.

Motion to adjourn at 4:22 PM approved.

Linda Brennan, President

Thomas Wallis, Secretary

Leave a Comment

Next post: