Useful Information
Property Manager Corner Important Sugar Beach Phone Numbers Insurance Information for your mortgage company Financial Reports Budgets Condominium Documents Vendors owners have found useful Current Condo Association Officers SBA Loan Information Useful or Interesting Links Webmaster Corner You can email the webmaster by clicking here |
Current Goings On Sugar
Beach Condominium documents and by-laws now
available here.
HIghlights of the October 5, 2013 Condo Association Annual Meeting The 2013 Condo Association Annual Meeting took place Saturday, October 5, 2013 at the Christian Life Church, 25530 Canal Road, Orange Beach. Several significant actions were taken. Among them:Recent Improvements Hurricane shutters Hurricane shutters side view New pool heater SUGAR BEACH NEWS LETTER Summer is almost over. Tourism started slow in the spring but is finishing strong as we go into the fall season. If you need proof, just try to make a left turn on the Gulf Beach road between Gulf Shores and the Flora-Bama near the Florida State line. The future of tourism in our area will be further enhanced by new conference and entertainment developments:Insurance Info. We have a new agent
for insurance. Fisher Brown Bottrell
is handling all policies for Sugar Beach.
All Insurance questions should be directed to
Kelli Worrell. She is handling the day to
day account servicing. Her direct phone
number is 601-960-7458. Her email address is
kworrell@fbbins.com.
If your mortgage company needs information about
Sugar Beach's insurance coverage, she is the
person to contact.
Request for owner input It has been
suggested that we create a page on the website
devoted to contractors and vendors that owners
have found to be particularly useful. For
example, if an owner has found a contractor who
does a particularly good job repairing screen
doors, laying tile, doing remodeling, etc., this
could be very useful information for other
owners. It would be sort of an Angie's List
for Sugar Beach. Let me know what you think
of the idea. Please email me your
thoughts. Send them to astrojny@yahoo.com.
For those of you familiar with
the latest in computer networking, check out the
Sugar Beach page on Facebook. Go to
http://www.facebook.com.
You
have
to
sign
up
and
then
search
for
Sugar
Beach.
If you're not familiar with how to do this, ask your kids or grandkids. They'll tell you all about it. Please Respect the Dunes and Sea Oats The sand dunes and sea oats play
a vital role in protecting the beach and the
buildings behind them. Please don't walk
on them. This increases beach erosion and
is a factor in the destruction of the dunes.
Financial Reports - Click here to
view copies of Sugar Beach's financial
reports. This directory is now password
protected. Owners have been mailed their
user name and password. If you wish
immediate access, please email the
webmaster your email address and the unit
you own.
Disposal of Bulk ItemsAs of September 30, 2013, we had cash on hand of $1,492,495.89. This includes reserves, funds for operations, and petty cash. This is an 31.31% increase over cash on hand September 30. 2012. This is the highest amount of cash on hand this decade. Note much of the cash on hand is needed to pay outstanding obligations,e.g, the SBA loan of $1,276,006.59 as of September 30th, maintenance for the complex, insurance premiums, etc. as well as to fund our reserves. The year to year increase is primarily as a result of there being no major maintenance work so far this year.. Cash on hand generally falls in the early part of the year because insurance premiums are paid but owners have until April to pay the special assessments that cover them.
The table above does not include assessments receivable, i.e, money owed the Association, which came to $ 10,476.15 as of September 30, 2013.
Note: Assessments receivable generally increase in January because the insurance assessment has been assessed, but owners have a number of months to pay it. We continue to work on collecting the remaining delinquent dues owed the Association. The interest income we have received has declined significantly. This is do to the decline in interest rates. See table for monthly figures.
Owners and guests should not
dispose of bulk items at the dumpsters.
That means don't dump your old tables, chairs,
sofas, etc. at the dumpster. The rule of
thumb is if it does not fit through the dumpster
opening, it SHOULD
NOT be left at the dumpster. If
you have such bulk items to dispose of, contact
the property manager on how to dispose of
them.
Your Board requests that owners
not place aluminum foil in the hallway windows
of their units. The property manager will
be checking windows for this practice and
contacting owners that are not compliant with
the standard window treatments. Standard
window treatments are blinds, shutters,
curtains, drapes, and sheers. Whatever you
use, the surface showing in the hallway should
be white or off white. Many owners use
mini-blinds or plantation-blinds. Note if
you chose to use blinds, considerable savings
can be had if two standard size blinds (side by
side) are used in place of one large blind that
usually must be custom ordered.
|