Mar 17 PointWebeastpointcondo.com/eastpointcondo/picture/70mar_17_point... · 2017-03-31 · office. Treasurer Manager’s Report Façade Repairs. The 2017 façade repairs have started

The Point, March 31, 2017, Page 1 of 15

©2017, East Point Condominium Association

March 31, 2017

President’s Notes – Heads Up-Again!

We all know that having adequate funds in reserve serve a number of important purposes, such as, but not limited to: (1) ensuring that future capital repairs can be addressed, (2) complying with local ordinances, (3) giving potential buyers peace of mind that the board is meeting its fiduciary responsibilities, (4) enabling the association to defer special assessments and bank loans until absolutely necessary, and (5) helping to protect unit-owner investments in the property.

What’s not so pleasant about keeping

our eyes on this financial ball is what happens when we are working on capital projects that tend to get in the way of our enjoyment of the building. 2017 is the second year of our current 5-Year Capital-Planning Period, and several Board Committees are working on plans for additional capital-repair recommendations for the Board’s consideration.

So, this is another heads-up reminder

that we will have periods of reduced access to walkways, our pool deck, the promenade deck, driveways, and other common areas, as well as additional construction noise during the day.

We look forward to your courteous cooperation and patience during these times.

Tom Fraser

Board Action

The East Point Board of Directors conducted a regular meeting on Thursday, March 23rd. During this session, the directors approved (a) the Section 22.1 Certification attesting to various documentary, capital expenditure, and financial disclosures, (b) waivers for the rights of first refusal on the sales of units 18-C, 35-C and 40-C, (c) invoices from RBS for a manifold replacement and interior-unit repairs, (d) the purchase of two automated, external defibrillators, (e) JFI’s proposals to replace locker room vanities and sinks to be ADA compliant and to perform painting for nine hallways, (f) the RBS proposal to make temporary pool-deck-window repairs, and (g) contingent upon timely countersignatures, a unit owner’s payment plan.

Secretary



Treasurer’s Report

February Period. As of February 28, 2017, our Total Assets were $464,907. Our fully-insured Reserve Fund accounts totaled $242,943, while our fully-insured operating cash was $146,997.

For the period ending February 28,

2017, operating income was $158,264 and operating expenses were $101,949 before reserve funding for gross income of $56,315 (a positive $4,373 after reserve contribution).

Total operating revenue was above the monthly budget amount by $2,324, due to all categories, except Assessments.

Total operating expenses were

$2,530 above the monthly budgeted amount. This was primarily due to all categories being overbalanced by the Utilities and HVAC Expense categories.

The Point is Looking For Advertisers

East Point Residents, The Point newsletter continues to accept advertisements. At a very minimal cost, you can get the word out on items you may want to sell, or services you provide or may be looking for.

Ad rates start at only $10 per issue.

Contact Edina to order one up! See the Advertiser Rate Sheet at the top of the Newsletter section of the building’s website (www.eastpointcondo.com) for ad pricing.

Marketing Committee

2017 Y-T-D Period. Our

operating revenues were under budget for 2017 by $3,753, on a base-budget amount Y-T-D of $320,751 (less than a 1.2% variance). This was mainly due to the Other Revenue overbalancing the Parking Revenue category.

Our operating expenses were over budget for 2017 by $2,674, on a base budget amount Y-T-D of $217,773 (a 1.2% variance). This is mainly due to Insurance Expense, HVAC Expenses, Garage Expenses and Utilities categories overbalancing the other categories.

Reserve Investments. The reserve

fund in February was fully funded at the rate of $51,942. The Reserve Fund balance was $242,943, as of February 28, 2017. All reserve funds are insured.

Financial Statements. Condo

CPA’s independent auditor’s report of the 2015 East Point Condominium financial statement is available for review by owners on the website and in the management office.

Treasurer

Manager’s Report

Façade Repairs. The 2017 façade repairs have started. Working hours are from 7:30 AM to 4:30 PM, with actual noisemaking operations not beginning until 8:00 AM. Please be aware that you may experience noise periodically and please make sure that all of your windows are kept closed during work hours for the



duration of the project due to the dust and debris being created from the repairs. For the safety of pedestrians, a protective canopy has been installed along the East side of the building. Due to the canopy installation, no cars will be allowed to park within the front of the driveway/building. THE FRONT DRIVEWAY WILL BE AVAILABLE FOR PICKUP AND DROP-OFF ONLY. The back of the driveway will be available for pedestrian traffic, moves, deliveries, contractor material pickup up and drop off and garbage pickup.

Federal Reserve Bank of Chicago

Construction Waste Removal.

Please do not throw any construction debris or planting material down the trash chute. The staff on several occasions has had to clean and unblock the chute and compactor due to construction and planting material such as grout, drywall, window screens, plants and dirt being thrown down the chute. Per East Point rule, construction debris of any kind must be hauled away by the unit owner and/or contractor, and the unit owner will be held responsible for damage caused by violating this rule, whether caused by owner or owner’s contractor. Planting material can be put in heavy duty bags and brought down. Please contact staff for assistance with the garbage cans

Sudler Website. Please explore the Sudler website http://sudlerchicago.com. Sudler offers a full range of industry-leading services. We continually upgrade our programs and develop new technology to ensure that Sudler always provides the most effective and efficient solutions available.

A few of the services include online

access to your assessment account, online assessment payment options, automatic payments of assessments, paperless statements and submitting a service request. Senior Sewer Rebate. Are you a

Senior Citizen? If you are 65 or older and own and occupy your condo, you may qualify for the Sewer Exemption. Please stop by the management office for a copy of the Association’s latest water bill and the sewer rebate application.

Sudler@Home. Sudler@Home is Sudler’s online system that allows you full access to your account history, scheduled receipts/confirmations delivered to your desktop or smartphone. And, if you prefer “paperless payments”, our SNAPP program assures timely, automatic payments, month after month - with no extra charges.

Sign up today at

www.sudlerchicago.com. Click on the link at the top of the Home Page that will take you to Sudler@Home.

Condo Unit Inspections. The

annual condominium inspections will begin on Monday, April 10, 2017.



Fitness Room. Please do not

store personal workout equipment within the Fitness Room. Items left within the fitness room will be removed and discarded by the staff.

Dryer Vents. For those residents who have in-unit washers and dryers, please remember that your dryer vents should be cleaned on an annual basis. Lint buildup creates a fire hazard and also causes your dryer to work harder. Walking Dogs. Please do not

allow your dog to urinate/defecate within 50 feet of the service entrance. Please walk your dog to the dog area adjacent to the driveway.

This is extremely important for sanitary reasons and to keep dog urine from being tracked into the building. The East Point Condominium Rules state the following:

Anyone walking dogs is required by City of Chicago law to pick up and properly dispose of their pet’s waste.

Pet owners assume full responsibility for personal injuries and/or property damage caused by their pets.

Pet owners are responsible for preventing any damage caused by their pets in any common area and must reimburse the Association for the cost of cleaning and/or necessary repairs.

We understand that sometimes pets can’t hold on until they get off the driveway. So, if your pet has an accident, please promptly contact the Management Office or the Door Station so that the staff can clean the area. We want to ensure the enjoyment of our building for all of us and our guests.

Management

EDGEWATER LIBRARY EVENTS

Edgewater Library

See What I’m Saying When: Saturday, April 1, 1:00 PM to 4:00 PM. Where: Edgewater Library, 6000 N. Broadway St., Chicago. What: A documentary screening of “See What I’m Saying.” A comic, a drummer, an actor and a singer (all well-known entertainers) in the Deaf community are followed as they attempt to cross over to mainstream audiences. These uniquely talented entertainers overcome great challenges to celebrate success. Rated PG-13 Run time: 90 minutes.



There will be a short discussion after the film. Sponsored by the Diversability Advocacy Committee in celebration of Deaf History Month. For information call 312.742.1945. Free.

Chess on the EDGE When: Tuesdays, April 4 and 18, 5:30 PM to 7:45 PM. Where: Edgewater Library, 6000 N. Broadway St., Chicago. What: Chess on the EDGE meets on the first and third Tuesday of each month for open play, game analysis, teaching and tactical problems. An experienced player is present to facilitate each meeting. Participants must be at least eight years old. All levels are welcome. For information call 312.742.1945. Free, but Registration is Required.

Chicago History Book Club When: Saturday, April 8, 10:00 AM to 11:30 AM. Where: Edgewater Library, 6000 N. Broadway St., Chicago. What: Railroad magnate, William B. Ogden, Chicago builder and its first Mayor, is considered by many to be a fascinating

historical figure. This month's book is “The Railroad Tycoon Who Built Chicago” by Jack Harpster. This book explores both the business and personal life of Ogden. For information call 312.742.1945. Free.

Healthy Cooking Workshop When: Thursday, April 20, 6:00 PM to 7:00 PM. Where: Edgewater Library, 6000 N. Broadway St., Chicago. What: Join Yvonne Maffei for this healthy eating workshop “Cooking and Eating for a Halal and Healthy Lifestyle.” Maffei developed a love of many diverse culinary styles and has honed her cooking skills and ability to adapt a wide range of cuisines to her family's dietary customs. Her recipes specialize in adhering to halal standards while also focusing on all-natural, organic ingredients. Yvonne will share an overview of halal cooking and healthy eating, as well as present a demo of some of her favorite treats! For information call 312.742.1945. Free.

CPL

FREE PARK HAPPENINGS



Lincoln Park Flower Show.

When: Every Day, from 9:00 AM to 5:00 PM. Where: Lincoln Park Conservatory, 2391 N. Stockton Drive, Chicago. What: Spring Flower Show: “Spring Rising.” This year’s Spring Show evokes the uplifting nature of a spring day in Chicago by featuring kites and sculptures by Chicago artist Michael F. Thompson. Plants in the show include azaleas, daffodils, tulips, hyacinths, hydrangea and many more. For information call 312.742.7736. Free.

Garfield Park Flower Show. When: Every Day, Except Wednesdays, from 9:00 AM to 5:00 PM. Where: Garfield Park Conservatory, 300 N. Central Park Ave., Chicago. What: Spring Flower Show: “Spring Training.”

Celebrate spring and baseball at this year's spring flower show. The Conservatory's Show House is transformed into a celebration of baseball in Chicago. On the heels of the Cubs' pennant win, the Show house incorporates icons of Wrigley Field into its annual spring flowering extravaganza. For information call 773.638.1766. Free.

Chicago Park District.

NEIGHBORHOOD EVENTS

Senior Dance at Armory.

When: Wednesday, April 5, 11:00 AM to 1:00 PM. Where: Broadway Armory, 5917 N. Broadway St., Chicago. What: Put on your dancing shoes and join us for a fun afternoon of singing, dancing, and entertainment from a local celebrity guest star band. A light lunch buffet is included. For information call 312.742.7502. $5.00 Fee.



Civic Orchestra Concert.

When: Sunday, April 9, 3:00 PM to 4:00 PM. Where: Indian Boundary Park, 2500 W. Lunt Ave., Chicago. What: Spend your Sunday in the park! Join us in the historic Indian Boundary auditorium for an afternoon of music in the park. Featured ensemble: The Woodwind Quintet Ensemble, consisting of members of the Civic Orchestra of Chicago, the training orchestra of the Chicago Symphony. For information call 773.764.0338. Free.

CHICAGO FESTIVALS

Health and Wellness EXPO

When: Saturday, April 8, 10:00 AM to 3:00 PM. Where: McCormick Place, West Bldg., Hall F2, 2301 S. King Drive, Chicago. What: Our annual Health and Wellness EXPO is a fun and educational event! Take advantage of health screenings, active living education, tasty cooking demonstrations,

product and service exhibitors, as well as a variety of leading health experts talking about diabetes and health management. There will also be celebrity appearances, including Ben Vereen, legendary entertainer who will be presenting "Taking the Stage to Shine a Light on Diabetes" and Mike Golic, former professional football player and sports talk show host, giveaways, and incredible access to resources needed to better manage or prevent diabetes. Learn how to live healthy, be active and change the future of diabetes for you and your family. For information call 312.346.1805. Also see: http://www.diabetes.org/in-my-community/diabetes-expos/chicago/#sthash.BZnpUuvY.dpuf

Latino Film Festival

When: Starting, Thursday, April 20 and Continuing Through May 4. Where: AMC River East 21, 322 E. Illinois St., Chicago at 5:30 PM. What: The 33rd Chicago Latino Film Festival (CLFF) announces the selection of the romantic comedy One Night of Love (Una noche de amor) as its Opening Night/Night of Argentina gala film. The event will take place



Thursday, April 20 at the AMC River East theater and will conclude with a post-screening reception at the Embassy Suites Hotel, 511 N. Columbus Dr. The Festival will feature over 100 feature-length and short films from Latin America, Spain, Portugal and the United States through May 4th. All films will be shown in their original language with English subtitles where appropriate. The audience will also be able to participate in discussions with visiting filmmakers after most of the screenings. For information call the International Latino Cultural Center of Chicago at 312.431.1330.

City of Chicago

Next Board Meeting

On Thursday, April 27th, 2017 at 7:00 PM, you are cordially invited to attend the next East Point Board of Directors meeting in the Sky Room.

Secretary

Next Publication Date

The next issue of The Point newsletter is scheduled for publication on April 28th, 2017. Your articles are due by 4/26/2017.

Publisher



WE RECYCLE! What can I Recycle in the recycling containers? YES! Bond paper (white/colored) Computer paper Calculator tape Envelopes Junk mail Legal pad paper Letterhead Magazines/ Catalogs Cereal Boxes Newspaper Cardboard Flatten all cardboard and cereal boxes

YES! Aluminum cans Steel cans Plastic soup containers Bi-metal cans Plastic water/soda/juice bottles Liquid detergent bottles Microwave trays Milk jugs Plastics #1 – #5 and #7 Glass Rinse your bottles and containers.

You can leave on the labels and keep the caps on Place recyclables loosely in container

or use a clear or paper bag



NO!

Food or beverage waste Candy and snack wrappers Non-paper packing material Plastic strapping Rubber bands Stickers or labels Plastic, latex or rubber gloves K-cups Plastic #6 Styrofoam Plastic Grocery bags Paper coffee cups and lids Tissue products and napkins Shrink wrap and food packaging

“When in doubt, leave it out”









Contact Information

East Point: Management - (773.973.7033); (Fax 773.973.0070); Doorperson - (773.973.0033); Garage - (773.973.7661)

Alderman: Harry Osterman –

48th Ward (773.784.5277) (Fax 773.784.6630) 5533 N. Broadway St., Chicago, IL 60640

Streets and Sanitation: Conrad Suerth –

48th Ward Superintendent (312.744.2130) (Fax 312.744.1449) 5853 N. Broadway St., Chicago IL 60660

CPD 24th Dist. Cmdr: Roberto Nieves (312.744.5907) (Fax 312.744.6928)

6464 N. Clark St., Chicago, IL 60624

Edgewater Branch Library: (312.742.1945) (Fax: None) – 6000 N. Broadway St., Chicago, IL 60660

County/State/Federal Officials

U.S. Senator: Dick Durbin Illinois (312.353.4952) (Fax 312.353.0150)

230 S. Dearborn St., Ste. 3892, Chicago, IL 60604

U.S. Senator: Tammy Duckworth Illinois (312.886.3506) (Fax 312.886.2117)

230 S. Dearborn St., Ste. 3900, Chicago, IL 60604

U.S. Congresswoman: Jan Schakowsky – 9th District (773.506.7100) (Fax 773.506.9202)

5533 N. Broadway St., Chicago, IL 60640

Illinois Senator: Heather Steans – 7th District (773.769.1717) (Fax 773.769.6901)


Illinois Representative: Kelly Cassidy – 14th District (773.784.2002) (Fax 773.784.2060)


Cook County Commissioner: Bridget Gainer 10th District (312.603.4210) (Fax 312.603.3695)

118 N. Clark St., Chicago, IL 60601



East Point Board of Directors

Tom Fraser, President (16A) Larry Hiler, Vice President (36C) Phil Bernstein, Treasurer (4C) Mike Mattson, Secretary (31C)

Dan Cartalucca (40B) Jerry Goodman (15D)

Bill Hancox (38A) Christian Malcolm (36A)

Kevin Rooney (28B)

East Point Committee Chairpersons

Building Operations & Maintenance (Larry Hiler) Architectural and Engineering (Bill Hancox)

Budget and Finance (Phil Bernstein) Communications (Tom Fraser) Sustainability (Kevin Rooney)

Garage (Mike Mattson) Marketing (Dan Cartalucca) Landscaping (John Haiduck)

Cable Committee (Tom Fraser) ASCO Delegate (vacant)

Nominations and Election (Marge Hanson)

Publisher & Editor: Tom Fraser, Chairman CMC. ([email protected]) Associate Editor: (Vacant) Advertising: While the Board retains its absolute discretion to accept, edit or reject any advertising entry, the publication of any such entry shall not be deemed an endorsement or promotion of, affiliation with, or approval for, the content or subject matter of the entry (including entries received with errors). Contributors: Any owner or staff member. Writers’ comments do not imply endorsement by the Association, which retains all editorial rights. Content: Articles, comments, suggestions and questions effecting East Point, its owners and staff. Writers may request Not for Attribution. Anonymous, libelous or defamatory statements and personal attacks will not be considered for publication.

Documents

Mar 17 PointWebeastpointcondo.com/eastpointcondo/picture/70mar_17_point... · 2017-03-31 · office. Treasurer Manager’s Report Façade Repairs. The 2017 façade repairs have started