Meeting Minutes - Apr. 29, 2002

MUSEUM PARC RESIDENTIAL ASSOCIATION

BOARD OF DIRECTORS MEETING MINUTES

Date/Time: Monday, April 29, 2002 @ 6:00 p.m.
Location: 730 Harrison Street – Fifth Floor Conference Room
San Francisco, California

Attendees: Peter Hartman, President
Jim Bourgart, Vice President
Neil Rains, Secretary

Ellen Kiyomizu, Treasurer
Len Almalech, Member at Large

Michael Alfaro, Property Manager

I. APPROVAL OF MINUTES:

4.29.1a A motion was made and carried to approve the February minutes.

II. APPOINTMENT OF BOARD POSITIONS:

The Board welcomed the two recently elected members to the board and appointed the following Directors to each respective position on the Museum Parc Board:

Peter Hartman, President
Jim Bourgart, Vice President
Neil Rains, Secretary

Ellen Kiyomizu, Treasurer
Len Almalech, Member at Large

III. HOMEOWNER ISSUES:

4.29.2a The following two homeowner issues were raised at the board meeting:

Resident Rick Reese informed the board of his intention to begin an e-mail discussion group for Museum Parc residents. He asked the Board for permission to post an informational notice of the discussion group and e-mail address. A motion was made and carried to post a notice in the bulletin board.
A resident in attendance of the meeting filed a complaint regarding the unapproved sidewalk signage for the various Museum Parc commercial tenants posted on the sidewalk in front of the building. A motion was made and carried to have management write a letter to each commercial tenant explaining that the signs are not approved and are in violation of the buildings signage policy. Management was further instructed to require that the signs be removed and that a fine be issued to any establishment that does not remove the sign.

IV. FINANCIAL REVIEW ITEMS:

4.29.3a Management provided the board with copies of the monthly assessment delinquency reports prior to the meeting. Management explained that $7,577.04 of the $9,766.77 in delinquent assessments are comprised of (4) accounts that are 90-days past due. Management further explained that the owners who are 90-days in arrears have been sent to a collection agency. Management also provided the board with the collection agencies account status summary.

V. MANAGEMENT REPORT:

4.29.4a Management reported on the following matters:
§ Action Matrix-Management reported that due to the meeting being rescheduled there was not sufficient time to complete the action matrix.

VI. OLD BUSINESS ITEMS:

4.29.5a Common Area Remodel-Management reported that the common area remodeling plan is close to completion. Management further explained that at this phase in the project the ARC will reconvene to determine what small changes if any will need to be made to improve and complete the project. The Board asked management to recommend to the ARC that historical photos be considered in the elevator vestibules on all floors. Management submitted a Remodeling Summary Matrix to the Board. Management provided the board with the following progress summary:

Hall Paint-Complete.
Elevator Lobby Vestibules-Complete.
Furniture-Complete.
Light Fixtures-Complete.
Carpeting-Complete on floors 1-5 & 14 & 15.

4.29.5b HOA Web-site-Management reported that the web-site is up and ready for review. The Board members provided management with additional feed back to enhance the web-site.

VII. New Business

4.29.5a Discussion of the garage owners plan to sell licensing agreements for individual parking stalls-The Board discussed whether or not the Association should be involved in the investigation, interpretation and dissemination of information regarding the licensing agreements to the homeowners. The Board further explored the possibility of having the Associations attorney develop a legal opinion in a Q&A format to be mailed to all residents. After discussing the matter in detail a motion was made and carried to have the Associations attorney investigate and determine what level of involvement would be appropriate without exposing the Association to liability or legal recourse from any of the parties involved in the purchase or sale of the licensing agreements.

4.29.5a Re-districting-Jim Bourgart of the Board explained that the re-drawing the district 6 geographical boundaries did not result in significant change.

2.25.5a Expanded Services—The issue of expanded services was discussed and many of the services were determined to be logistically unfeasible. Management was asked to provide additional information on the “construction/unit modification agreement” and the “preventative maintenance agreement” at the next board meeting.

VIII. ADJOURNMENT

The meeting adjourned at 8:15 p.m. The next regular Board meeting is scheduled for May 20, 2002 @ 6:00 p.m. at 730 Harrison Street-fifth floor conference room. Michael Alfaro, Museum Parc general manager respectfully submits these meeting minutes.

AGREED AND APPROVED

By: _________________________________________ Date:______________________________
Board Secretary-Neil Rains
Museum Parc Residential Owners Association