On December 8, 2005 a letter was sent to all homeowners. The following is the entire letter (minus one sentence for privacy):
December 2005
Dear Kenthill Townhomes Homeowners,
Since taking office in April of 2005 the Kenthill Townhomes Board of Directors has been very busy. Below is an abbreviated list of projects and ongoing projects accomplished in 2005. [Further details concerning these projects may obtained by viewing the webblog at http://kenthillwebblog.blogspot.com].
1. Worked with new property manager to ensure a successful transition from previous property management company to new property management company.
2. Worked with certified public accountant to assist in the completion of the required 2002 and 2003 audits. 2004 audit is still pending – but will be completed by the end of the year.
3. Launched new web log website to improve communications at Kenthill Townhomes.
4. Worked with our neighbors to the west to have the fence between our properties repaired.
5. Continuing to work with our neighbor to the north regarding trespasser and fence problems.
6. One of the first condominium complexes to sign up with the City of Kent’s new Trespass Enforcement Authorization Program. Worked with Easthill Apartments and Lake Villa Apartments to encourage them to sign up for the program as well.
7. Repaired hazardous sidewalks.
8. Worked with insurance company representative to comply with directives from our insurance company regarding a Risk Management Survey taken earlier this year.
9. Investigated cost savings that might result from possibly separating from Easthill Apartments especially with respect to several items including shared water issues (investigation included communication with representatives from various departments within the City of Kent and within King County).
10. Purchased and/or fabricated new required water keys for water valves for all 15 buildings.
11. Purchased and installed a new tennis court net.
12. Improved drainage system near north end of tennis court.
13. Purchased small amount of latex paint and hand painted all identification letters on all fifteen buildings as required.
14. Repainted and re-stenciled parking lot stalls and numbers.
15. Repaired outside walkway lighting system near Buildings A, B, and C (project completed under initially submitted bids, resulting in cost savings of over $9000).
16. Continuing repairs to outside water faucet hose bids.
17. Began wood siding repairs to areas on our buildings which are affected by dry rot.
18. Installed new chain link fence at northeast corner of the property (project completed at a little more than half the initial bid estimates.
19. Continued to work with Easthill Apts. on projects which relate to both properties, thereby reducing costs (such as tree trimmings along shared roadways).
20. Applied moss control to appropriate roofs on buildings.
21. Cleaned gutters and downspouts on all 15 buildings.
22. Worked to successfully pass the initial revisions to the Kenthill Townhomes House Rules (additional revisions to be accomplished at a later date).
23. Continued communications with the Attorney for the Association regarding various issues affecting Kenthill Townhomes including delinquencies, foreclosures, easements, use of recreational facilities, and the rewriting of our House Rules and the revising of our Declarations.
Enclosed you will find a copy of the approved 2006 Budget for Kenthill Townhomes. The Board has spent the last several months carefully reviewing our financial position. We know that utilities costs will increase this year (water/sewer over 7%; other utility increases are unknown at this time), that many contractors have added a fuel surcharge to their bids, and that our insurance premium has increased (over 22%).
We have a significant amount of delinquent units which affects the operating cash flow (the number of delinquencies over 30 days has risen to 20 per month and has remained at that rate throughout the summer).
We have also included in the 2006 Budget the estimated cost to continue the inspection/repair of dry rot project, the estimated cost to begin the dryer vent inspection/repair project (a safety issue), the estimated cost to continue the replacement of entry doors/screen doors project, the acquisition of a formal Reserve Study, the continued commitment to have two roofs installed each year (until all 15 building are completed), and the rewriting and revising of our House Rules and Declarations (as promised at the 2005 Annual Meeting and subsequent homeowners meetings).
In order to address these needs and meet the above stated objectives, the 2006 Budget includes an approximate 5% increase, effective January 1, 2006. The coupons are included in this mailing – please start using the new coupons as of January 1, 2006.
Sincerely,
The Kenthill Board of Directors
