Property Manager Corner
Important Sugar Beach Phone Numbers
Insurance Information for your mortgage company
Vendors owners have found useful
Current Condo Association Officers
SBA Loan Information
Useful or Interesting Links
You can email the webmaster by clicking here
|Current Goings On
Sugar Beach Condominium documents and by-laws now available here.
HIghlights of the October 5, 2013 Condo Association Annual Meeting
The 2013 Condo Association Annual Meeting took place Saturday, October 5, 2013 at the Christian Life Church, 25530 Canal Road, Orange Beach. Several significant actions were taken. Among them:Recent Improvements
Hurricane shutters Hurricane shutters side view New pool heater
SUGAR BEACH NEWS LETTER
Summer is almost over. Tourism started slow in the spring but is finishing strong as we go into the fall season. If you need proof, just try to make a left turn on the Gulf Beach road between Gulf Shores and the Flora-Bama near the Florida State line. The future of tourism in our area will be further enhanced by new conference and entertainment developments:Insurance Info.
We have a new agent for insurance. Fisher Brown Bottrell is handling all policies for Sugar Beach. All Insurance questions should be directed to Kelli Worrell. She is handling the day to day account servicing. Her direct phone number is 601-960-7458. Her email address is email@example.com. If your mortgage company needs information about Sugar Beach's insurance coverage, she is the person to contact.
Request for owner input
It has been suggested that we create a page on the website devoted to contractors and vendors that owners have found to be particularly useful. For example, if an owner has found a contractor who does a particularly good job repairing screen doors, laying tile, doing remodeling, etc., this could be very useful information for other owners. It would be sort of an Angie's List for Sugar Beach. Let me know what you think of the idea. Please email me your thoughts. Send them to firstname.lastname@example.org.
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
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.
Financial Reports -
Click 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.Disposal of Bulk Items
As of September 30, 2013, we had cash on hand of $1,492,495.89. This includes reserves, funds for operations, and petty cash. This is an 31.31% increase over cash on hand September 30. 2012. This is the highest amount of cash on hand this decade. Note much of the cash on hand is needed to pay outstanding obligations,e.g, the SBA loan of $1,276,006.59 as of September 30th, maintenance for the complex, insurance premiums, etc. as well as to fund our reserves. The year to year increase is primarily as a result of there being no major maintenance work so far this year.. Cash on hand generally falls in the early part of the year because insurance premiums are paid but owners have until April to pay the special assessments that cover them.
The table above does not include assessments receivable, i.e, money owed the Association, which came to $ 10,476.15 as of September 30, 2013.
Note: Assessments receivable generally increase in January because the insurance assessment has been assessed, but owners have a number of months to pay it.
We continue to work on collecting the remaining delinquent dues owed the Association.
The interest income we have received has declined significantly. This is do to the decline in interest rates. See table for monthly figures.
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.
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.