BOARD MEMBERS
The general affairs and activities of the Gold Coast Galleria Condominium Association (also called “The Association”) are managed by its Board of Directors (also called “The Board”). The Board of Directors consists of five homeowners elected to serve staggered two-year terms on the Board. Three directors are elected one year, and two directors are elected the next. The election occurs at the Annual Meeting of the Homeowners, which is scheduled each year to be held in April.
The Board is responsible for electing a President, Vice President, Treasurer, and Secretary, and conducts regular meetings (usually on a monthly basis), with proper notice to the homeowners, for the purpose of conducting the affairs of the Association. The meetings generally follow the framework established by Robert's Rules of Order. Minutes of each meeting are taken, approved at subsequent meetings, and made available to homeowners upon request.
In general, the following are the responsibilities of the Board:
- To formulate policies for the administration, management and operation of the Condo Association including the building and the common elements.
- To adopt rules and regulations governing the administration, management, operation and use of the building and common elements
- To manage the maintenance, repair and replacement of the common elements of the building.
- To manage the designation, hiring, and removal of employees and other personnel necessary to facilitate the business of the Association. This includes employees hired to provide management, maintenance, and security, as well as contracting for other services for operation of the property, accounting and auditing, and legal affairs.
- To estimate an annual budget, and determine monies to be assessed and collected from Unit Owners necessary to facilitate the Association’s business and to provide for a reasonable reserve fund for future capital needs for the common elements.
- To enforce the Declaration and Bylaws and Rules and Regulations of the Association, and perform all duties of a Board of Directors as required by the Illinois Condominium Property Act.
The Board of Directors encourages all Unit Owners to attend meetings whenever possible. Notices of meetings are posted in the elevators and the display case in the mail room. Whenever possible, notice is also given via the monthly assessment statements. However, you can also communicate with the Board in writing either via e-mail or by sending a letter to the Management Office at 111 West Maple, Chicago, IL, 60610. You can also contact the Management Office directly with most problems, questions or suggestions by calling 312-482-9793.
Click here to send an e-mail to the Board…
|
Board Members