Board members in attendance: Miriam Biren, Robert Boynton, Joseph Cann, Marjorie Cannon, Stacey Cohen, Nora Colford, and Richard Re. Board members absent: Victor Bellini and Al Lamoglia. Jordan Kurs attended from TKR Property Services.

1) Minutes: Minutes of the July 30, 2007 meeting were not available for approval.

2) Financial report:

a) FY2006 audit: Jordan Kurs reported that the FY2006 is reaching completion.

b) Delinquent owner account balance fee: Jordan Kurs reported that the new monthly policy effective July 1^st of 10% fee on all outstanding account balances has been implemented without any problems.

3) Legal:

a) Super’s resignation: Building super Joel Ramharracksingh vacated his apartment on schedule.

b) Local Law 11 inspection bids: Local Law 11 inspection bids have been received from two engineering firms. Bid from Salomon who completed last inspection has not been received.

c) Verizon/FIOS installation: Verizon indicates that FiOS will be installed in October.

d) Elevator maintenance contract and repairs: Jordan reported that there has been no corrective action by McGlynn Hays and he will have the building’s attorney send a letter to the company.

e) Legal action is being taken against units in arrears.

f) Sales and lease application files were provided to the Secretary for review. Approximately 7 unit owners have not provided current leases for their rentals and are subject to $500 per month fines.

4) Capital Projects:

a) Façade restoration: The front façade work has been completed by Lockman and the new frame and awning has been installed. The low clearance sign still needs to be installed along with the entrance and towing information signs. It was also pointed out that the awning is draining towards to façade and will ned to be adjusted.

b) The board approved replacement and upgrade of the video security system from Alarmingly Affordable. Rich Re was the dissenting vote, voting in favor of a less expensive unit from an alternative vendor.

5) Maintenance:

a) New building super interviews: The board continues to interview candidates for the super’s position.

b) Exterior tile crack: There was no update on repair of the exterior tile crack in front of the building mentioned at the March board meeting.

c) Parking lot pavement cracks and sealing: The board approved parking lot pavement repairs and sealing.

d) Painting of parking lot walls and garage walls: Jordan recommended that the super paint the parking lot walls before the pavement repairs and sealing begin.

e) Hall carpeting replacement: Jordan Kurs distributed additional hallway carpeting samples for the board to review.

f) Water filtration system: Jordan Kurs provided specifications and pricing for water filtering unit. Installation prices were not included.

The meeting adjourned at approximately 10:00 p.m.

Minutes submitted by Robert Boynton, Secretary