AMERICAN TOWERS OWNERS ASSOCIATION
Minutes of the Board of Trustees Meeting*
Thursday, April 25, 2002
4:00 P.M.
Blane van Pletzen called the meeting, convened in the community room, to order at 4:00 p.m.
Residential Trustees present and participating: Blane van Pletzen, Irene Link and Norman
Salisbury
Commercial Trustees present and participating: Donna Boes and Deborah Pariseau
Excused: Tom Halleran, Larry Shelton
Management present and participating: Joe Toronto
Approval of Previous Minutes: March 28, 2002
The Minutes of the March 28, 2002 Board of Trustees Meeting, upon motion
duly made and seconded, were unanimously approved.
Financial Statements: March 31, 2002
The Financial Statements for March 31, 2002 were reviewed by the manager. The
Association reported an unaudited loss of $8,380 Year-to-Date for the Operating Fund. The
Common Reserve Fund has an unaudited balance of $122,377 and the Residential Reserve
Fund has an unaudited balance of $241,321. The Board also reviewed the Delinquency Report and the managers
explanation report of each delinquency.
Building and Improvement Committee
The Board formally appointed Mike Gravitz to serve as the Chairman of the Committee, Paul Carpenter and Susan Crook
as Committee members, and Donna Boes and the Commercial member of the committee. Mike reported that the committee
has recently met and will be investigating a number of areas for improvement. The committee continues its
work in attempting to seal the water penetrations through the windows and will also be evaluating the performance
of the chillers this summer. Other members of the committee will be looking into possible alternatives or advancements
in pool and spa chemical technologies.
Finance Committee
Willard Homer formally submitted his resignation as the chairman of the Finance Committee and reported that
he will be moving shortly and that his condo is for sale. The Board thanked Willard for his outstanding service
in organizing the committee into an important functioning committee that worked hard and served well. The Board
formally appointed Shinika Sykes as the Committee Chairperson and also appointed Paul Carpenter to serve on the
committee with Larry Shelton as the Commercial member of the committee. Willard reported that the committee had
recently met and reviewed the procedures for our insurance renewal that is coming up in the next two months.
The Board will be reviewing all of the insurance coverage as well as the renewal bids.
Rooftop Closing Time
The Board is presently reviewing a proposal to keep the rooftops open for use after the present closing time
of 12:00 a.m. The Board is concerned about several issues such as safety, liability and noise from large
groups, and would like to receive additional input before making this change. The Board plans to review these issues
before the next meeting and plans to have it on the agenda.
Next Meeting
The next Board Meeting is scheduled for Thursday, May 30, 2002, at 5:00 p.m. The Board of Trustees
cordially invites all residents to plan to attend regularly, setting aside the last Thursday of each month at 5:00 p.m.
Open Forum
Residents were invited to discuss any issue that appropriately should also be discussed at the City Council
meeting scheduled for 5:30 p.m. Some speaking time had been reserved for American Towers. Board member Blane
van Pletzen has indicated that he will be attending and speaking on many of the issues raised. All residents were
invited to also attend. Residents requested that late night noise from the weekend Gallivan concerts be raised.
Adjournment
The meeting adjourned at 5:00 p.m.
Respectfully submitted,
/s/ Blane van Pletzen
Notice: These minutes, as they appear in this newsletter, have not yet received final approval from the
Board of Trustees. Consequently, they may be corrected, or supplemented, by the Trustees prior to approval at the
next scheduled meeting of the Board.
Secretary