Brittany’s Place Condominium Association, Inc
7298 Ulmerton Road (727) 726-8000 Largo, FL 33778
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Latest News from the Association
The aeration fountain in the large pond reached its service limit several months ago and needed to be replaced if the Association was to avoid a stagnant mosquito-breeding water feature. The Board approved a brand new fountain and this one also has lighting pods to illuminate the fountain at night. The new fountain has been installed. Funds for replacement came from previously designated Reserves provided by your Regular Monthly Assessment.
UPCOMING BOARD MEETING
The June Board of Directors Meeting will be held Tuesday afternoon, June 19th at 4:00pm at the Clubhouse. All owners and tenants are invited to attend, although only owners may be recognized to address the Board at the end of the meeting. We hope to see you there!
UPDATE ON BANK FUNDING
The situation with the Funding Request for Vision 2017 (total exterior renovations and grounds) remains unchanged, at the chagrin of your Board. In light of this, your Board of Directors has called for an in-person meeting with the Freedom Bank President and Vice Chairman, as well as the Loan Committee Chairman. That meeting was granted by the Bank and is set for June 1st, and all Board Members will be attending, as well. The purpose of this meeting is to get a definitive answer from the Bank as to whether they are going to give us the loan or deny our request, something that seems to have eluded their committee since our first meeting September 15th, 2017. The results of this meeting will be posted here.
(April 17th, 2018)
Since my last report in December, the Board of Directors has been, and is still, working to attain a bank financing loan for you, which seems to be taking forever. However, within the past two weeks there has been a flurry of activity on the part of Freedom Bank in corresponding with several Board Members. In addition to the Vice Chairman, we now have the ear of the Bank President, Ms. Susan Black who assures us that the bank is very interested in our loan business. We have also been assured by both bank officers that the process is still “moving forward and the process is nearing an end”, whatever that means. It should be noted that this recent activity was only due to the relentless weekly pressure the Board has been putting on the bank to deliver an approval or disapproval of our loan request. In the event that the loan would not be approved, the Board is in consideration of other funding methods that would still mesh with the current Special Assessment payment terms. Regarding the list of priorities entitled “A Plan Forward for Brittany’s Place” posted on the website, we are now at a point from which we cannot move forward without funding.
In anticipation of receiving funding, it was necessary to begin the Special Assessment for the project, which was determined at the Annual Meeting by the Board of Directors and the monthly amount is reflected on the last page of the approved 2018 Annual Budget handout. The Special Assessment payments include interest, plus an additional factored amount to maintain our loan payment schedule to the bank. The first monthly payment of the Special Assessment was due March 1st, 2018. By now, Owners should have received TWO coupon books for the year 2018. One book is for the Regular Monthly Assessment and the other for the Special Monthly Assessment. Both of these coupons need to be included with separate checks when mailing payments and we ask that every effort be made to stay current on payments. We ask Owners to contact Ameritech immediately if they have not received both coupon books.
Work done to date and funded from current Reserves: The Association has re-roofed building 6 with the new architectural shingles. All stair and balcony renovations have been completed, along with new code required aluminum handrails. We are also in the process of other minor property repairs from current Reserves, i.e. pond fountain and Clubhouse air conditioning. All building permits have been received for the renovation and Trinicon is ready to proceed with the project as soon as the loan monies are available.
I would like to thank the Board, our Property Management team, Trinicon, Signal 88 Security and everyone else who has supported me thus far this year as President. Together, we WILL make Brittany’s Place Great Again!
David J. DeKoker, President
A PLAN FORWARD FOR BRITTANY’S PLACE:
ITEMS OUTSTANDING & INITIAL ORDER OF PRIORITY
1) ATTAIN RESTORATION FUNDING SOURCE
2) RE-ROOFING OF REMAINING 8 BUILDINGS
3) RE-SIDING OF ALL 9 BUILDINGS
4) CODE VIOLATIONS SETTLEMENT
5) PROPERTY SECURITY SYSTEM INSTALLATION
6) BLACKTOP REPAIR OR REPAVING
7) PARKING SPACES RE-PAINTING AND NUMBERING
8) TENNIS COURT REPAIR
9) LANDSCAPE REPAIR OR REPLACEMENT
10) TERMITE TREATMENTS OF REMAINING BUILDINGS
BPCA Property Manager: Mr. Robert “Bob” Kelly, LCAM
Ameri-Tech Community Management Services
24701 US Hwy 19 N, Suite 102
Clearwater, FL 33763
© 2017-18 Brittany’s Place Condominium Association, Inc. All Rights Reserved.