MT. OLIVE SHORES LOT OWNERS' ASSOCIATION OF POLK COUNTY, INC.
BOARD OF DIRECTORS WORKSHOP NOTICE
Time: Mar 8, 2021 01:00 PM Eastern Time
Join Zoom Meeting
https://zoom.us/j/95882075484?pwd=c05BbjNiTlJQVXpDMkEwRllJelBQdz09
Meeting ID: 958 8207 5484
Passcode: 565162
AGENDA
1. Call Meeting to Order by President:
2. Roll Call of Directors: Directors present: William Lisanby, Lynn Newman, Leo Ouellette, Pat Hormell, Scott Derstine, Cheryl Haggerty, Mike Carney & Management Company Representatives, JoAnna Likar and Katie LaMantia.
3. Old Business:
a. Amending the November 2020 Meeting Minutes: This amendment is to add the fence washing contract motion.
4. New business:
a. Insurance Polices: Katie LaMantia spoke with the insurance company they stated, “The renewals are in April, so it is still a little early to have concrete pricing. I did reach out to the carriers earlier this week and received the Directors & Officers though, so I at least can provide this to you. The D&O for the 2021 term is $2,276. As for the Package (GL & Prop) and Umbrellas, I usually recommend budgeting for a 10% increase. We are seeing larger increases on properties with wind coverage, but since this is excluding wind, the 10% should be fair.”
1. General Liability & Property
2. Umbrella
3. Bond
4. Directors and Officers
b. Review the following contracts/agreements:
1. Lawn Contract:
2. Management Contract: Management company agreed to extend and to the same price.
4. Trash Service: Republic has proposed a renewal of $1610.19 per month.
5. Cintas: $70 for April Inspection
c. Estate Sale at 5122 Southshore Drive
d. Trade Resolution:
e. Amendment Signing:
f. Violation 2019045:
5. Members comments and Concerns:
6. Adjournment: