SugarBeach Condominium Association

Sugar Beach Condominium is located in Orange Beach, Alabama

Sugar
                    Beach the front

  Updated Last updated  October 4, 2011

A Resource for Sugar Beach Owners
and a work in  progress.
  

Sometimes it takes pictures to show what has happened to the beach in the last 30 years.

Sugar Beach shortly after it was built in the early 1980s.

Picture of Sugar Beach in the early
                            1980's

Said to be the longest pier on the Gulf Coast now open
and it is less than 3 miles from Sugar Beach!

Longest pier on
          Gulf coast!


 
Giraffe Useful Information

Property Manager Corner

Important Sugar Beach Phone Numbers

Correct Channel listings for those who have MediaCable

Insurance Information for your mortgage company

Financial Reports

Budgets
                
Condominium Documents

Vendors owners have found useful

updatedCurrent Condo Association Officers

SBA Loan Information

Useful or Interesting Links

Webmaster Corner

You can email the webmaster by clicking here






Current Goings On

Dolphin


  NewAnnual Condominium Association Meeting October 1, 2011

Four Board members were elected to two year terms at the October 1st meeting; Allen Summerlin, Robert Stuart, Dave Dyer, and Tony Black.  Valarie McKoon chose not to run for reelection and we thank her for her service. 
 
Allan Summerlin was chosen by the Board to be its President; Glenn Owen, its Vice President; Dave Dyer, Treasurer; and Susan Knight, Secretary.

Dues for 2012 were upchanged from this years. There will however be an assessment for building repairs recently completed and insurance.  However, we do not yet have final figures for what the insurance portion of the assessment will be, though it is expected to be around the same as last year.  Final figures will be posted as soon as we know the final cost of insurance for the next year.

Property Manager Reports on Sugar Beach

          
Looks like we saved $2400 in getting lawn sprinkling system repaired. 

Watch for future communications in the Property Manager Corner.

Sugar Beach is now on Facebook Facebook picture

For those of you familiar with the latest in computer networking, check out the Sugar Beach page on Facebook.   Go to http://www.facebook.com.  You have to sign up and then search for Sugar Beach. 

If you're not familiar with how to do this, ask your kids or grandkids.  They'll tell you all about it. 

Please Respect the Dunes and Sea Oats

Keep Off Dunes  The sand dunes and sea oats play a vital role in protecting the beach and the buildings behind them.  Please don't walk on them.  This increases beach erosion and is a factor in the destruction of the dunes.


UpdatedFinancial Reports -

UpdatedClick here to view copies of Sugar Beach's financial reports.  This directory is now password protected.  Owners have been mailed their user name and password.  If you wish immediate access, please email the webmaster your email address and the unit you own.   NOTE:  The tables below will also be password protected.  So if you want access, you will need to get your password.

UpdatedAs of March 31,  2011, we had cash on hand of $1,023,992.40.  This includes reserves, funds for operations, and petty cash.  This is an 12.8% increase over cash on hand March 31,  2010.   Note much of the cash on hand is needed to pay outstanding obligations,e.g, the SBA loan, maintenance for the complex, insurance premiums, etc.   The payment of insurance premiums, pending the receipt of assessments from owners, accounts for most of the drop in cash on hand in December and later.

Cash on Hand
2009
2010
2011
January
$500,394.48
$  744,134.65
$   888,021.91
February
$643,505.76
$  775,749.54
$   921,599.60
March
$737,977.71
$  908,043.53
$1,023,992.40
April
$764,928.99
$   972,707.98

May
$782,371.15
$   995,399.17

June
$822,117.38
$1,002,984.30

July
$843,198.19
$1,016,499.30

August
$858,458.49
$1,046,038.90

September

$1,030,286.30

October

$1,025,524.40

November
$889,263.08
$1,001,881.90

December
$699,817.18
$   841,307.84


UpdatedThis does not include assessments receivable, i.e, money owed the Association, which came to $60,386.13 as of March 31, 2011. 

Accounts Receivable (assessments only)
2009
2010
2011
January
$370,805.63
$ 285,535.10
$ 174,127.36
February
$216,990.17
$ 267,823.02
$ 153,073.55
March
$118,588.53
$ 161,422.36
$   60.386.13
April
$109,265.39
$ 114,470.59

May
$102,192.79
$ 104,491.38

June
$  95,447.74
$ 106,816.97

July
$  86,579.27
$   82,631.42

August
$ 84,004.95
$   29,372.18

September

$   27,794.32

October

$   28,135.27

November
$ 66,401.49
$   32,020.26

December
$ 71,091.32
$   13,526.60


In March 2011, assessments receivable decreased 62.6% from March 2010,

Note:  Assessments receivable generally increase in January because the insurance assessment has been assessed, but owners have a number of months to pay it.  This year they had until April 1st. 

We continue to work on collecting the remaining delinguent dues owed the Association. 


updatedAs of March 31, 2011 the Association earned $ 2,428.76 in interest.   This is 50.7% less interest than collected in the first three months of 2010..  See table for monthly figures.

Interest Earned
2009
2010
2011
January
$   182.99
$    674.17
$1,653.29
February
$   553.20
$    638.29
$   354.46
March
$   204.72
$  3,613.41
$    441.01
April
$   198.96
$     833.71

May
$   854.94
$     828.31

June
$   188.12
$     853.54

July
$    201.69
$     685.40

August
$    261.74
$     666.80

September

$      665.07

October

$      678.91

November
$    842.60
$      555.32

December
$    719.44
$      365.62

Total
$ 5,286.51 (12 months) $ 11,058.35

 

Disposal of Bulk Items

Owners and guests should not dispose of bulk items at the dumpsters.  That means don't dump your old tables, chairs, sofas, etc. at the dumpster.  The rule of thumb is if it does not fit through the dumpster opening, it SHOULD NOT be left at the dumpster.  If you have such bulk items to dispose of, contact, the property manager, on how to dispose of them. 
 
Imposition of liens on delinquent owners' units.

As you know, Sugar Beach has worked hard to make the financial impact of IVAN and KATRINA on owners as painless as possible.  That is why owners have the option of paying off the 2005 special assessment over a 2 year period, i.e, with 8 quarterly payments.  However some owners are not current with their payments.  Some owners have made no payments or only 1 or 2 payments.   A notice will shortly go out informing all owners that if they are not current with their payments liens will be placed against their units.  This is not a step we take lightly.  We are well aware of the financial hardship imposed by the special assessment.  But it is also unfair to other owners who are making timely payments. 

Reminder about Proper Window Treatment.

Your Board requests that owners not place aluminum foil in the hallway windows of their units.  The property manager will be checking windows for this practice and contacting owners that are not compliant with the standard window treatments.  Standard window treatments are blinds, shutters, curtains, drapes, and sheers.  Whatever you use, the surface showing in the hallway should be white or off white.  Many owners use mini-blinds or plantation-blinds.  Note if you chose to use blinds, considerable savings can be had if two standard size blinds (side by side) are used in place of one large blind that usually must be custom ordered. 

Condominium Documents

We are revising and updating Sugar Beach's condominium documents.  To see the latest version of the draft documents click here.   You should  look at these as these are the documents that, when adopted,  will govern our Association.