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Transcript of -. AFFIDAVIT OF MAILING - Ocean Towers › uploads › 1 › 2 › 6 › 9 › 126908353 ›...
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AFFIDAVIT OF MAILINGI, the undersigned, for Advantage Property Management, LLC, whose name
appears at the bottom of this affidavit, do hereby swear and affirm that theNotice of Budget Meeting for Ocean Towers Condominium Association, lnc. tobe held on November 12, 2019 at 11:00 AM at the Clubhouse, was mailed orhand delivered on October 11, 2019 to all owners. The order was mailed, orhand delivered to each unit owner at the address last furnished to theAssociation, as such address appears on the books of the Association.
Acknowledged this JJJh day of October 2019
ADVANTAGE PROPERTY MANAGEMENT, LLC
¢L,A lm2JLBarbara Shea
for Advantage Property Management, LLC
STATE OF FLORIDA}
COUNTY OF MARTIN}
The foregoing instrument(s) was acknowlin dr',- 2019 bybefore this __ ) )i_ day of
a,, bAtfaAdvantage Property Management, a Florida corporation, on behalf of thecorporation. He/She took an oath, and is personally known to me.
(Seal)
My Commission Expires:
NOTARY PUBLIC SIGNATURESTATE OF FLORIDA AT LARGE
LORRAiNI sormNoMYCOMMISBEN#FF985474
ExplRES:rty24,2oaeBoi"TmngNetryaha
Ocean TowersCondominium Association, Inc.
NOTICE OF BUDGET MEETING
NOTICE IS HEREBY GIVEN in accordance with the, bylaws of the Associationand Florida's Condominium Act that a meeting of the Board of Directors of OceanTowers Condominium Association, Inc. will be held at the following da.te, time andplace:
DATE: November 12, 2019TIME: 11:00 AMPLACE: Clubhouse
AGENDA:
1. Call to Order2 Pledge of AIlegiance3. Roll Call -Establish Quorum4. Proof of Notice
8Approve minutes of July 24, 2019 Special
Meeting of the MembersApprove minutes of the Budget WorkshopMeeting on September 17, 2019Approve the Financials for March, April, May,June, July, August and SeptemberDiscussion on Landscaping
9. Adopt Budget for 202010. Adjournment
F2evenue401 Maintenance Fees402 Comca§t Rebate425 Late Fees432 Interest-Owners440 Transponders/Gate Keys450 Application Fees
Miscellaneous IncomeTotal Revenue
ExpensesAdministration
501 Management FeesAdditional Mgt Hrs
502 Accounting Review/Audit505 Legal & Professional506 Legal charged to A/R510 Insurance520 Office Supplies525 Postage546 2019 Deficit547 LOG Expense548 Maintenance Staff549 Fees & Licenses550 DBPR Fees
Total Administration
Utilities551 Electric552 Water554 Sewer555 trash & recycling571 Telephone574 Cable TV/lntemet
Total Utilities
Buildin575 Building Supp576 Maintenance-Contractors577 Roof Maintenance579 Fire/Security Systems580 Gate Repairs581 Transponder/Gate Keys604 Elevator Maintenance605 Elevator Maintenance
OCEAN TOWERS CONDOMINIUM, ]NC.Proposed 2020 Budget
January 1, 2020 -December 31, 2020Approved 8 Month 4 Month 12 Month Proposed
2019 2019 2019 2019 2020Budget Performance Est performance Est perfomance .B[Jdget
$1,613,749.00 $ 1,075,664.00 $ 537,832.00 $ 1,613,496.00 $ 705,011.70$ 2,708.00 S - S - S - S$ 250.00 $ 1,095.75 $ 547.88 $ 1,643.63 $ 500,00$ 650.00 S (96.73) $ 500.00 $ 403.27 $ 650`00$ 500.00 $ 1,835.cO $ 900.00 $ 2,735.00 $ 800.00$ 7,000.00 $ 7,410.00 $ 3,700.00 $ 11,110.00 $ 7,000.00S - $ 1,172.71 S - $ 1,172.71 S
$1,624,857.00 $ 1,087,080.73 $ 543,479.88 $ 1,630,560.61 $ 713,961.70 $ 1,129.69
50,794.0040,196.003,000.00
15,000.00
95,656.00730.00632.00
33,862.67 $26,797.33 $3,000.00 $2,293.40 S
(161.70) $64,742.21 $4,360.96 $
473.92 S-S
16,931.34 $13,398.67 S
-$
1,146.70 S-$
32,371.11 $
2,180.48 $236.96 S-S
100.00 S - S
50,794.01 $ 52,317.8140,196.00 $ 41,401.89
3,000.00 $ 3,000.003,440.10 $ 15,000.00
(161.70) $97,113.32 $ 100,500.00
6,541.44 $ 3,900.00710.88 $ 1,000.00
- $ 8,000.00
100.00 $ loo.0067,026.13 $ 33.513.07 $ 100,539,20 $ 106,380.00
926.60 S - $ 926.60 $ 1,000.00632.00 S - $ 632.00 $ 632.00
1 59. 02
6.17
1.58
12.66
0.16
168.32
1.58
1.00
$ 315,508.00 $ 204,053.52 $ 99,778.31 $ 303,831.83 $ 333,231.70 S §27.27
$ 13,500.00 S$ 30,000.00 S$ 59,000.00 S$ 12,500.00 S$ 7,500.00 S$ 2,400.00 S$ 124,goo,00 S
$ 15,000.00 S$ 25,000.00 S$ 2,265.00 S$ 7,500.00 S$ 3,000.00 S$ 900.00 S$ 18,000.00 S$ 5,000.00 S
11,877.32 $15,107.30 $
39,878.74 $8,359.76 $5,539.96 $1,138.62 S
5,938.66 $7,553.65 $
20,012.88 $4,751.44 $2,769.98 $
569.31 S
17,815.98 $
22,660.95 S
:::::]f: i8,309.94 $1,707.93 S
20,000.0026,000.0060,100.0013,200.008,000.001,800.00
81,901.70 $ 41,595.92 $ 123,497.62 $ 129,100.00
19,049.87 $22,865.38 S
-$3,274.05 $2,903.81 $1,17t50 $
11,968.00 $9,188.00 S
9,524.94 $11,432.69 S
-$1,637.03 $1,451.91 $
585.75 $5,984.00 $4,000.00 S
28,574.81 $34,298.07 S
-$
4,911.08 $4,355.72 $1,757.25 $
17,952.00 $13,188.00 S
TotalBuilding&Equipment $ 76,665.00 $ 70,420.61 $ 34,618.31 $ 105,036.92 S
20,000.0020,000.00
2,500.007,500.003,000.003,000.00
18.000.00
6,000.00
31.65
41.14
28.48
9.49
80,000.00 $ 126,58
Grounds625 Landscape/Dune Maint628 Pest Control630 Irrigation Repairs632 Landscape Plants/Impvmnt633 Landscape Other
Total Grounds
Pool & Recreation650 Pool Maintenance651 Pool Repair
Total Pool & Recreation
Miscellaneous/Contcl701 Contingeney
OCEAN TOWERS CONDOMINIUM, INC.Proposed 2020 Budget
January 1, 2020 -December 31. 2020
Approved 8 Month 4 Month 12 Month Proposed 1582019 2019 2019 2019 2020 Per unit
Budget Est. Expen§e§ Eat performance Budget Budget felJ2±!
$ 23,040,00 $ 15,360.00$ 1,980`00 $ 1,650.00$ 1,500.00 $ 759.27S-S$ 1,goo.00 $ 1,384.25
$ 28,020.00 $ 19,153.52
Total Misc/Contingency S
Total Operating
Reserves739 Pooled740 Capital Imp 2019
Total Reserves
Total Operating & Resv
Annual FeesQLlarterly Fees
Quarterly Fees Rounded
$ 6,563.21 S
$ 6,563.21 S
23,040.00 $ 23,040.00 $ 36.462,475.00 $ 1,980.00 $ 3.131,138.91 $ 1,500.00 $ 2.37
- $ 1,500.00 $ 2.37
2,076.38 $ 1,500.00 S 2.37
28,730.28 $ 29,520.00 $ 46.71
6,330.002,860.82
9,190.82
$ 6,563.21 $ 10,000.00
11.25
$ 15.82
$ 6,563.21 $ 10,000.00 $ 15.82
$ 551,857.00 $ 388,873.38 $ 187,977.30 $ 576,850.68 $ 588,961.70 $ 931.9o
$ 125,000.00 $ 83,333.33 $ 41,666.67 $ 125,000.00$ 948,000.00 $ 632,000.00 $ 316,000.00 $ 948,000.00
125,000.00
$1,073,000.00 $ 715,333.33 $ 357,666.67 $ 1,073,000.00 $ 125,000.00 $ 197.78
$1,624,857,00 $ 1,104,206.71 $ 545,643.96 $ 1.649,850.67 $ 713,961.70 § 1,129.692019 Estimated surplus(deficit) S (19,290.06)
2019 Beginning Operating Fund Bal E flil
2019 Year End Estoperating Fund Bal S (7,986.85)
AnnLlal FeesQuarterly Fees
Quarterly Fees Rounded
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