CASTLEGRAM
The Voice of the Manor
Summer 2014
Dear Homeowner:
The Summer season is wrapping up as the Labor Day Weekend has arrived and it’s back to school time for many. The Summer season was outstanding at the Manor for the Rental Program with significant increases revenue.
Now for re-cap of the activity during the last couple of months. The Board met on Saturday, June 28th, 2014 and approved the minutes of March 8th, 2014 and Tele-Conference minutes of April 26th, 2014, which are attached for your review. In addition, please find the Homeowner minutes from the Annual Homeowners meeting of June 29th, 2013, which were approved by the Homeowners at the Homeowners Meeting on June 28th, 2014.
The Budget for the Condominium was reviewed in a line-by-line format and approved. The budget this year includes an increase of only 2.77% with a 3.5 ½ month assessment.
The Annual Board of Managers election was held June 28th with four candidates running for the three open Board positions. The results of the election were that the three incumbent Board members were re-elected to the Board. The results are as follows: Lou Federico, Herman Hochberg and Claire Ratusch. Each of these members will serve for a two-year term.
The Board thanks you for your continued support to keep moving the Montauk Manor ahead. We want to thank Jerry Simunek for showing his interest in running for the Board, Jerry will continue to work with the Rental Committee.
The board encourages any Homeowners who are interested to get involved. There is much work to be done at the Manor and getting involved on committees and projects is a great way to participate in assisting in the betterment of Montauk Manor.
The officers gave their full reports starting with the President, Lou Federico, asking the new homeowners to introduce themselves and also gave an overview of the Manor’s current affairs followed by Vice President, Steve Herman, on the status of the physical plant and construction, Treasurer, Herman Hochberg, giving a financial update, and Martha Ferraro and Don Kershan co-chairs of the Rental Committee gave a Rental Update.
The Board met following the Annual Homeowners Meeting and elected officers: Lou Federico, President, Steve Herman, Vice President, Herman Hochberg, Treasurer and Claire Ratusch, Secretary.
We also had the Annual Homeowners BBQ and Wine Tasting on Saturday, June 28th. A good time was had by all.
We will be cleaning up the outside bike rack area and disposing of any old unclaimed bicycles that are currently stored on this rack. Please contact Janice to let her know if you have a bicycle stored on this rack by September 15th, 2014 or the bicycle will be disposed of.
Also as a courtesy reminder, the Board would like to remind all homeowners that your pet must be leashed at all times and to kindly clean up after your pet.
Enjoy the remainder of the summer which officials ends in a few weeks, we hope to see you at the Manor enjoying our beautiful property.
Dates to Remember:
Board of Managers Meeting
September 6th, 2014
9:30am
Montauk Manor
Sincerely,
Board of Managers
Cc: Janice Nessel, General Manager
Galina Kaloyanova, Controller