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Sunday, October 31, 2010

Fw: MAINTENANCE PLEASE SEE ATTACHED


Attn.: ALL OWNERS

We need to request to the Board of Directors to show us how they are going to calculate the new maintenance, after the sub-meters are started.

According with the hydro consumption stated on the YCC244 Financial Statements for the last 2 years

MAINTENANCE MUST BE REDUCE WITH - 40%, the difference of 10% will cover the common elements.

If the maintenance will not be reduce with 40% we are going to pay more per month than now.

As per Financial Statement the hydro Consumption was:


2007

2008

2009

Total Common Expenses

$1,099,242

$1,125,629

Not received

Hydro % consumption

53.54%

49.47%

Not received

In addition, the cost of the swimming pool is $ 40 per month for each owner – and I strongly suggest converting the swimming pool on something different and cutting the cost of the maintenance more.



Wednesday, October 27, 2010

YCC 244 Swimming Pool Cost

I guess Unit 182's statement correctness that the pool costs us $40/
months per unit is hard to be figured out from the financial
statements.
Maybe someone from the Board could break it down and explain how much
the cost really is (maybe Slobodan)???!!!!!.
The 2008 financial statement shows the "recreation and amenities"
overall cost was about $5000.00.
But most likely this is all EXCEPT electricity and water cost.
Could really the cost be as big as $40/month x 12 month x 195 units =
$93,600 for one calendar year for the pool and the outdated gym????!!!!
Waiting for clarification.... (Unit 183)

Monday, October 25, 2010

Friday, October 22, 2010

An opinnion about the new maintenance fees after sub-metering kicks in

Once the unit's electricity starts beeing paid by each unit separately, then there's not too much left to be split in four ways according to unit's size.
A better approach I gues would be to differentiate the maintenance amongst units based on the number of people living in the units instaed of the unit's size as it currently is. Units with more people then other units consume more water, produce more garbage, use elevators more , etc, so they contribute more to the CEA (Common Element Area) expenses the the units with less people. 
Or at least I guess it'd  still just be more fair that the CEA maintenance be divided equaly for all the 195 units, as the only thing that really made the difference for different units was mostly the electricity bill.
 
Am I missing something that wolud still make sense for the units to pay for 4 different types (amounts) of CEA maintenance instaead of paying about the same amount each?

Highlights of sub-metering meeting from Oct 21, 2010

Thursday, October 21, 2010

Questions from owners regarding YCC 244 sub-metering

1.What were the highest/lowest/average amounts in each of the three
probation months across all units?

2. What percentage of the entire YCC 244 electricity bill represents
the sum of all bills via sub metering for one month?

3.Is there any difference in the cost if electricity is used during
pick hours/Sundays /nights?

4.Is the electricity for stove and hot water tank included in the
unit bill?

5.What are the big electricity consumers left to still be billed as
common elements?