Happy New Year to all River's Edge Condo Association owners and residents!
The following is a summary of the actions of the RECA board during the past year along with some future projects we hope to accomplish in 2014 and beyond.
2013 in review:
- the decision was made to follow through with the elevator cylinder replacement. The special assessment was completed and the funds are available. We needed to have secured the majority of the funds prior to proceeding; now we are waiting to be scheduled by Colley Elevator. This has taken much longer than anticipated as the check for the initial payment was sent in August. They are reporting they expect to begin the work in February.
- the Rules and Regulations for River’s Edge Condominium Association were finally completed and approved by the board. All owners have received a copy; all tenants should have received a copy from their landlord.
- locks were replaced in the common area entrances, both back and front doors, and all owners were given 2 keys.
- the flood zone designation was appealed and was successful which should result in reduced insurance rates for residents as well as assist with mortgage applications.
- property taxes were significantly reduced this year due to an attorney that has filed on behalf of the association for a tax reduction and was successful.
- drain lines were rodded for better plumbing flow.
2014 anticipated actions (as funds permit):
- completion of elevator cylinder project.
- purchase and installation of video cameras in several locations.
- emergency lights purchase and install.
- bike rack purchase and install.
- establish roof base for satellite dishes installation.
Additional projects:
replacement of balconies on the west and south sides of the building (as funds are available).