February 2020

MINUTES OF A MEETING OF THE

BOARD OF DIRECTORS OF THE BROOKRIDGE HOA, INC.

A meeting of the Board of Directors of Brookridge Homeowners Association, Inc. (“HOA”) was held on February 12, 2020 at the home of Monica Teuscher (Unit #43). Present at the meeting were: Carole Princer Levy, President; Paul Spindel, Vice President; Monica Teuscher; Leslie Molinoff, Secretary; and Paul Roberts, Treasurer; - all of whom are Directors constituting a quorum. Also present was Tom Pallman, Property Manager. Carole Princer Levy acted as Chair of the meeting and Leslie Molinoff took the minutes.

Call to order at 4:30 p.m.

Regular Board Business:

Minutes of the Board Meeting held on January 22, 2020 were approved and have been posted.

Paul Roberts reported on the bank balances as of January 31, 2020:

Operating account $46,057

Capital reserve account $117,567

Signature Reserve acct (CD - matures 12-20) $254,447 (as of 2/09/20)

Signature CD (matures 3-20) $254,989 (as of 2/09/20)

Total Funds: $673,060

Common Areas Report

We have received a proposal from JP McHale covering 2020 – 2022 for tree and shrub pest control treatment. We are waiting for another proposal from Save the Tree.

A letter and follow-up email have been sent to the owner of Unit #16 to determine if and how we will proceed with any siding replacement and painting. We are awaiting a response.

The new pool shed roof should be ready for installation in April.

Our contract with Scott Renda (pool maintenance co.) will be at the same price we paid last year. The cost of a new pool pump to be installed before the pool is scheduled to open will be approximately $600.

Viti will be repairing pool pavers and cement in the pool area and in other areas around the property.

Ferrara Management Transition Issue

6 owners who were sent dunning notices by Ferrara for delinquent maintenance payments were sent a follow-up e-mail apology for those notices being sent in error. This occurred as a result in snags in the transition process. By now, those “kinks” should have been worked out and receipt of future timely payments should be recorded without any complications. The Board apologizes to those unit owners for any confusion this may have created.

Update on the Status of Unit #6

Wells Fargo had a Public Administrator of the estate appointed and made a motion to update/amend the judgment to reflect the current sum due and to seek to sell. The attorney for Wells Fargo now reports that they will need to obtain a new judgment outlining the extent of their loss. (Their last judgement is over five years old.) Once they have the new judgment, the house will be put up for sale. He thinks this process will take 6 - 8 months.

Conversion to Condo Update

No progress has been reported to the Board since the last meeting regarding approval of our Offering Plan from the NYS Attorney General’s Office. Since there has been a protracted delay in moving this matter forward, the Board is investigating its options on how to proceed.

Annual Meeting

June dates and the availability of a meeting room at the JCC are being explored. The community will be advised as soon as we have the date confirmed.

There being no further business before the Board, upon motion made and duly seconded, the meeting was adjourned at 5:30 p.m.

The next Board meeting is scheduled for March 11th at 4:00 pm at the home of Carole Levy (Unit #54).

Respectfully submitted,

Leslie Molinoff, Secretary