1105 Massachusetts Avenue Condominium Trust

Board of Trustees Meeting

May 23, 2024

The meeting of the 1105 Mass Ave. Condominium Trust Board of Trustees was held on Thursday, May 23, 2024 via Zoom.

Present for the Board were John Giannacopoulos, Rick Landau, Roger O’Sullivan, Brad Settle, Peter Sullivan and Bev Thornton

Also in attendance were Elder Nunez and Myra Miller.

PREVIOUS MONTHS MINUTES:  The minutes from the April 25, 2024 were approved as presented.

FINANCIAL STATEMENT:  The April financial statement was approved.

APPOINT LAURA COHEN AS TREASURER:  Motion to approve Laura Cohen as treasurer of the 1105 Mass Ave. Condominium Trust and allow her full authority to perform responsibilities of the position.   All approved, motion passes

BEUDO:  no update

EV STATIONS:  Brad joined a discussion group about being prepared for future increases in electric vehicles. There are 2 programs that can give rebate support for chargers. In order to qualify for full cost coverage, we need to have dedicated unassigned spaces for EV charging. The second program requires that we install 20% of the parking spots with charging access. We would pay 30% of the charger installation cost, but electrical infrastructure upgrades would be fully covered. Brad will get an idea of what the 30% cost would be.

CORPORATE TRANSPARENCY ACT:  Two different law firms are giving opposite advice.  It was suggested to collect the information needed now instead of waiting.  We will then be fully prepared for what we have to do.

ELEVATOR CONSULTANT: We received a proposal from the elevator company and want to hire a consultant to review it for us before we make a decision to move forward.

We did get a proposal from one consultant and found we need to request references from them.   Myra to request references from projects similar to ours and send to Peter; he will make calls to references listed.

It was thought that we should have the engineer from Stanley Elevator talk to the Board Have the Stanley elevator engineer join us at our next meeting to discuss the changes that they are recommending. 

OTHER MAINTENANCE:  Eversource did not do the previously scheduled work they wanted to complete.  We have no choice but to bring our electrician and bear the cost of the electrician standing by overnight while Eversource does work on their equipment.

We are waiting for the water test on the F stack.  Also waiting for the price for the waterproofing and the start date of the roof.

NEXT MEETING DATE:  June 27, 2024 at 4 PM

Respectfully submitted,

Myra Finn Miller

ELN Management