|
Almost any question or concern you may have regarding the requirements, operations and decisions made by the Board of Directors may answered by reading the documents you received from your real estate agent at the time you purchased your Coral Ridge Commercial Condo Association unit(s). You should be able to find any other information you need by surfing through this Web site. Our Association, through actions of the Board attempts to function within the parameters set forward in the documents filed with the State of Florida. In addition to these parameters filed under Chapter 718 Florida Statutes (1979) State of Florida condominium regulations, CRCCA must also comply, where required, to any new regulations that apply to our operations. The regulations are extensive, complex and confusing but “A Practical Guide for Officers, Owners, Realtors, Attorneys, and Directors of Florida Condominiums” has been published by Peter M. Dunbar, Esq. The name of the book is: “The Condominium Concept” and the 10th edition (ISBN #978-1-56164-404-9) is available for about $20.00 from Amazon. Click HERE to review the book. If you read your documents or the scanned copies presented here, review the HISTORY of our organization by clicking on the tab to the right and read the applicable sections in the book recommended above, most of your questions should be answered. As an owner you have a major investment in our Association and it is in your best interest to know as much as you can about your obligations to the Association and the Association’s obligations to the owners. I suggest you purchase the book described above and, after reviewing the Association documents, read any sections that seem to apply to a question you have. An understanding of the Board’s obligation to comply with the Association filings and Florida condominium regulations, both old and new will serve you well as you take a more active role in the affairs of our Association.
Q: How much compensation is paid to the members of the Board of Directors for any administrative service provided to CRCCA?
A: No owner or member of the Board of Directors is compensated for any administrative service provided to CRCCA. Reimbursement for materials purchased for “work day” projects (e.g., sacks of Ready Mix Concrete for road repair) or US Post Office registered mail Bylaw required notices to owners is provided to an owner with prior approval of the Board for the project. Receipts for all approved expenses are filed with our other financial documents with G.F. Business Services.
Q: How much is this “Unofficial CRCCA Web Site” costing the Association?
A: This “Unofficial CRCCA Web Site” was created by and is maintained by Roger H Strube, owner Unit 17, Phase AB. No invoice for any hours of development/maintenance or cost of hosting has ever been submitted to or paid by CRCCA. The Web Site is hosted by “One and One”, a major web hosting organization based in Germany. As a special offering by “1 & 1” using the designation “xxx.us” were offered for $2.99 per year.
Q: What has been the uncompensated cost to Roger Strube for developing and maintaining this web site?
A: I have developed and now maintain several web sites as a hobby. The out of pocket cost to me for this “Unofficial CRCCA Web Site” has been under $10.00. The software I use was purchased from Netobjects and is used to develop and upload the sites to 1&1. This software cost me about $200.00. No part of this cost has ever been paid by CRCCA. I do have several hundred hours invested in this volunteer activity including development of the site, retyping documents into computer files, taking pictures and scanning documents then attaching them to the “Netobjects” computer program and uploading to the site.
Q: What is the financial condition of Coral Ridge Commercial Condominium Association?
A: If you have a question about the financial status of our Association the most recent statements and reports are posted on this Web site. You may review all the documents by clicking on one of the financial report tabs to the left. Also review “Fiscal Management” in Section 6, pages 12 through 15 of the Bylaws to understand the requirements of the Association and members of the Board. In particular, look at our Association’s obligations to establish, maintain and grow the “Repair and Replacement” fund. This fund cannot be used without vote of the membership and is essentially in place for replacement of the road at the end of it’s useful life. The cost of this repair will exceed $100,000 and need to be done within 10 years.
|