Category Archives: Condo News

Condo News

2014 Board Candidates Announced

The following unit owners have submitted their names to be placed on the ballot for the 2014 Presidential Condominium Board of Directors. Candidate names have been alphabetized by the second letter of their last name:

Four unit owners are running for the two trustee positions. Despite three who share a common surname, they are not related.

Please note: Mr.  Rizzo has asked that his name be placed on the ballot for both the position of board member and board trustee. 

Bios have been posted for candidates who have provided their information in electronic form. The remaining candidate bios will be scanned and posted as time permits.

Condo News

Aug 2013 Special Assessment Mtg

NOTICE OF SPECIAL MEETING OF THE BOARD OF DIRECTORS OF PRESIDENTIAL CONDOMINIUM OWNERS ASSOCIATION, INC. (“Association”) AT WHICH A SPECIAL ASSESSMENT WILL BE CONSIDERED

NOTICE IS HEREBY GIVEN in accordance with the Association’s By-Laws and Section 718.112, Florida Statutes, that a Special Meeting of the Board of Directors of the Association will be held in the Association’s Card Room located on the 2nd Floor of 401 Ocean Drive, Miami Beach, Florida 33139, on Friday August 9th 2013, at 7:00 p.m.

In addition to conducting the business described in the agenda provided below, the purpose of the Meeting is for the Board to consider and vote on whether to adopt a special assessment in the approximate amount of $228,400.00, which special assessment proceeds shall be used for the following purposes:

  • payment of insurance financing;
  • payment for damages, settlement proceeds and repairs related to litigation of Juan Rodriguez vs. Presidential Condominium Owners, Association, Inc., bearing Miami-Dade County Circuit Court case no. 04-21217 CA 03;
  • funding a budget shortfall;
  • replacement of water pumps;
  • upgrades and repairs to building and facilities to comply with fire code;
  • contingencies related to the foregoing, and attorney and professional fees and costs associated with the foregoing (collectively the “Special Assessment”).

Please note that the Special Assessment amount listed above is merely an estimate, and as such, the actual amount of the Special Assessment adopted and the expenses incurred for the categories described above may be more or less than the amounts specified.

If adopted, the owners will have the option to pay the Special Assessment in one (1) lump sum, due on September 1, 2013, or in four (4) monthly installments, commencing on September 1, 2013.

AGENDA FOR SPECIAL MEETING

  • Call to order by President.
  • Determination of a quorum.
  • Proof of Notice.

OLD BUSINESS

  • Financial Statements & scope of accounting work
  • Outstanding maintenance fees

NEW BUSINESS

  • Consideration and vote on unsolicited offers to purchase the T- Mobile cell tower contract and proposed amendments to the contract.
    • Discussion of fire code violations and resolutions
    • Consideration and adoption of a Special Assessment by the Board of Directors.
    • Discussion of lawsuit settlement
    • insurance financing
    • budget shortfall
    • water pump repairs
    • fire code upgrades and repairs 
  • Consideration and vote on waiving the retrofitting requirements for a fire sprinkler system by the Board of Directors.
  • Re-election of officers
  • Adjournment.

 

Biking, Condo News

There’s a New Bike Rack In Town

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The Presidential has installed a new bike rack by the rear elevators which will accommodate more bikes than before in less space. Thank you for your patience while the new rack was being built. We apologize for the inconvenience of having to store your bike in your apartment during construction.

DIY_EastBikeRack

There are four rules that everyone needs to observe about the new bike rack:

  • Lock the bottom of your bike frame near the pedals to the bike rack. Your bike should be perpendicular to the pipe along the floor used for the new bike rack.
  • Only bikes with kick stands can use the rack. If you don’t have a kickstand, there are a limited number of slots in the old bike rack under the 2nd floor parking ramp. If that doesn’t work, please either get a kick stand or store your bike in your apartment.
  • All bikes need to include a Presidential Condominium sticker that can be obtained at the office. If you can’t come to the office during the day, please call (305) 673-4965 to make arrangements to get a sticker. The sticker will let us contact you in the future if we need to move your bike.
  • Don’t block the doors to the cars parked adjacent to the bike rack.

Questions? Suggestions? Problems? Please contact the office at (305) 673-4965 or email info@presidentialsouthbeach.com.

 

The previous over-crowded single row bike rack was replaced with by a new, two-row DIY design which can support almost twice as many bikes as the previous rack.