2850 South Ocean Blvd., Palm Beach, Florida 33480
           561-582-5815 Fax: 561-582-8008 

ANNUAL LETTER  TO:  All Shareholders.                                                                     10 January 2023    
                         I begin this Annual Letter with the last sentence of my January 2022 Annual Letter. “Palm Worth is a residence that relies on its shareholders to care for and protect its existence “. In 2022 this was especially evident in the hours and willing assistance our community received not just from our volunteer Board but from the Building Committee headed by Scot Northrup, as well as Gary Hower’s Window Committee, Vickie and Dave Gerwig’s Beautification Committee, and Mary Anne O’Bryan’s Social Committee with Sandy Moran’s assistance.  Corrine Watson and Linda Auld stepping up to take over the Laundry Room management was especially appreciated.  I also want to acknowledge the importance of our Legal Committee, consisting of Valerie Nemirow and David and Karen Twadell, who reviewed and coordinated not only the revisions to our ByLaws but also our Elevator Proposals.
 When I have called on our shareholders seeking their expertise it has been willingly given as was the case with the Advisory Committee of David Roth and David Brooks who provided expert assistance on several building issues that arose from plumbing to structural.  I also appreciated the advice of several shareholders with experience in the insurance field that were able to review our policies and provide needed guidance as far as determining possible costs for 2023.  There are many other occasions where I have sought advice from shareholders who willingly answered my need for assistance such as selecting elevator interior materials- thanks to the Gerwigs and Kellers. And, of course, I need to acknowledge the many hours willingly given by Kevin and Nichole beyond their regular hours- water pipes breaking on weekends and after work calls and concerns that are really too numerous to list.  Thanks for your concern for and service to Palm Worth.
 It is possible I may have missed thanking and acknowledging the many areas where a shareholder has come forward and assisted in making Palm Worth a thriving community but please know that I do recognize your importance and appreciate all that you do.  There is not a dollar amount that can be put on all the expertise our shareholders can provide and I will continue to seek and appreciate your assistance.  AND for the Building - we accomplished important repairs in continuing to maintain this gem!  The majority of the repairs to window headers, etc. occurred on the north side which was experiencing damaging water intrusion.  In addition, railings, door thresholds, walkway beams, replacement of rusting roof flashing screws, etc. on the north side were repaired and addressed as needed.  The exterior wall area from Tier 14 back to Tier 11 was power-washed, sealed, and painted.  Porch windows on Tiers 14, 13, and 12 have had maintenance consisting of caulking and new gaskets.  This work will continue on Tiers 7, 6, and 5 on the south side in 2023.  However, most importantly we want to be assured that this preventive maintenance of the porch windows is a working solution to water intrusion on the porches.  This will be determined before monies are expended further on this project.  Thanks to Glenn Watson who has agreed to take over the Window Committee from departing Gary Hower.
 Also, there will be additional building restoration required in the summer of 2023.  A south side exterior support column and support columns located in the elevator rooms (support stairwells) are requiring concrete restoration.  This was noted during a walk-around with our Structural Engineer.
 The main sewage lines for all tiers both north and south side were flushed this fall by contract with Always Reliable Plumbing.  Again, this is a preventive measure. 

The elevators are modernized, passed inspections, and up and running.  Thanks to all for their patience during the 4 month work session and the over a year process in finalizing and executing the contract.
 We now have a new pool company replacing the previous poor performing company. Atlantic Pool Service is the new company and we have worked with them to repair as needed all our pool equipment, replace one of the pool lights as well as troubleshoot the other non-functioning light, plus provide us an estimate to resurface and repair the pool.  Due to cracks on the bottom of the pool, acid-wash was not advised by two pool companies since it could cause more damage.  The Board has voted to drain, repair and resurface the pool in the off-season.  The cost estimate should be covered in the Pool Reserve Fund. I, as everyone, appreciates that the pool and the pool area are center to Palm Worth’s beauty as well as socially the center of activity.
 As you have been informed in many of my previous letters, Palm Worth’s main electrical panels are at a stage, going on 60 years, where an electrical plan for replacement of parts as needed (which will involve an evaluation/test of our equipment as to condition or possible failure of any or some of the equipment) is necessary.  Mike Pfeiffer, David Roth, Scot Northrup, Nichole and myself met with the Electrical Engineer, David Wojcieszak, on January 5th.  He is submitting a summary of the recommended action we should take to ensure preventive measures are taken to prevent a possible failure of our system that could entail a 6 month or more shutdown of power to Palm Worth.  In addition, under the new State regulations we will be required to have not only the structural inspection but the 40 year electrical inspection.  I especially want to thank Mike Pfeiffer, whose family has been in the electrical business for many years, for his summary of the meeting and the offer to assist us in getting parts for replacement as recommended. Also, thanks to David Roth for his complete summary of the details of the meeting. Upon receipt of the engineer’s report the Board will initiate the precautionary measures recommended.
 I leave for last the remembrance of two of our Palm Worth residents we lost this past year - my sister, Jeanne Castillo, Unit 103, and Don Graves, Unit 507.  I know their presence and personalities will be missed at Palm Worth.  Thanks to them and to all our past shareholders for all they contributed in making Palm Worth something special.  Thanks,  Juanita Leary Pres., Palm Worth Board of Directors