Dear Unit Owners,
In an effort to keep you the unit owners aware of the ongoing issues or progress in the building, below is the latest news at the Presidential Condo…
:Stair Railing / Graphing: On Monday, July 11, 2016, Fire Inspector Tamayo inspected the corrections made to the graphing on the stairwells. Inspection passed.
New Laundry Equipment: Finally, On July 13, 2016, Coinmach completed the installation of the new laundry equipment. The new washers and dryers do not use currency. In order to use them, a money card is needed. Once the card is empty of funds, value can be added to the card using the VTM Value Adder Plus located on the six (6) floor. All owners are entitled to the first “FREE” money card with three (3) dollars’ credit programed onto the card. To obtain your first free card, please contact Monica Sosa in the Association office during working hours. Any additional cards need to be purchased through the VTM machine at a cost of five (5) dollars.
Security Cameras: Installation continues of the security cameras. They have completed up to the 6th floor of the building.
Our Security Guards: Would like to thank the owners who have come down to greet and meet the security team and offer them their backing. Please do not have packages delivered to your door. If you’re not home, the security guard will accept and hold onto your package till you arrive or give it to Monica Sosa to safe keep.
Board of Directors: On June 28, 2016, Vice President Alex Pretorian resigned from the Board of Directors. On July 14, 2016, at a legal Board of Directors meeting, Athan “Buster” Castiglia was nominated and voted to fill the Association open member seat. In the same meeting, the Board of Directors nominated and voted member Jeff Locke to the position of Vice President of the Association.
Life Safety Plan: We are still working on getting two additional vendor quotes to update our 1995 Life Safety Plan. It has been very difficult to get vendor participation because; 1.) They don’t like working with the City of Miami Beach because of all the red tape 2.) Not too many vendors that specialize in Life Safety Plan and 3.) Everyone is running to complete the waiver to retrofit of sprinklers and everyone needs a Life Safety Plan in addition to the waiver. Building Insurance Renewal: On July 19, 2016, Myself and Jeff Locke met with Joe Knapp Senior VP for Brown & Brown Insurance Company. This year our insurance renewal dropped $29,937.00 which includes everything. In 2013-2014 total premium was: $344,978 In 2014-2015 total premium was: $358,547 In 2015-2016 total premium was: $228,862
*Renewal this year 2016-2017 is: $198,925 SAVINGS OF $29,937.00
Short-Term Rentals: Short Term Renting at the Presidential Condominium is not permitted and is illegal. We are not a Hotel, Motel or a Time Share. Violations of Ordinance numbers: 142-109, 142-905 & 142-1111 carry a first time offense penalty of $20,000.00. Fines double and triple for subsequent violations. IF YOU ARE A SHORT TERM RENTAL OWNER…. STOP YOUR ILLEGAL AND UNSAFE ACTIONS IMMEDIATELY. Furthermore, the unit owners involved in the illegal short term rental business at the Presidential Condominium are causing a security breech to the building, un-necessary wear and tear to our common area, extra work on our maintenance and cleaning personnel, additional costs for trash pick-up, excess water usage and just a total disregard for our governing documents and rules and regulations for their personal monetary gain. CITY OF MIAMI BEACH
Vacation / Short-term Rentals Vacation/short-term rentals (less than six months and one day) have become popular alternatives to traditional hotels. However, pursuant to the Miami Beach City Code (Miami Beach Land Development Regulation – Chapter 142, Article IV, Division 3) vacation/short-term rentals are prohibited in all single-family homes and in many multi-family housing buildings in certain zoning districts of Miami Beach. (See Short-term Rental Map) Approved vacation/short-term rentals have the proper licenses and/or certificates of use that permits the activity. If a building or unit is found to be operating a short-term rental illegally, tenants/visitors will be evicted and fines will apply to the owner.
Residential Use: Owners please be familiar with our governing documents 12.1 when it come to the residential use of your unit. Also, please be advise that other Dade County Housing rules may apply to the amount of people/guests that your unit can occupy by the square footage of your unit.
Special Masters Case: On Thursday, August 4, 2016, The presidential Association and its Lawyers will be attending mitigation special masters court for fines of late compliance to Special Masters Case No. JC14000455. The amount that has accrued including interest is $61,788.64.
OTHER: Once we complete the Life Safety Plan study and the Association knows what is required to be updated or installed and its cost, we will then begin to form a committee to look into the remodel of the lobby area, card room and painting the interior of the building similar to our sister (465) building’s lobby and card room/gym.
Working for a Safer, Brighter and Better Tomorrow,
George Guerra, President – Board of Directors
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