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News and Notes

Overview of Resident Special Meeting on Dec. 8, 2016

Since our last resident meeting, the board has engaged contractors from Broady-Campbell, Inc., to begin work on the brick stabilization. At the opening of the Special Meeting, Board President Steve Spence gave an update on the progress so far toward stabilizing the south facade. Broady-Campbell has extended the barrier and brought in equipment. The IAC was...

Water Shut Off

Dear Resident, Due to a repair on the main water line, the water for the building will need to be turned off from 10:00am until 1:00pm on Wednesday November 30th. We apologize for any inconvenience that this may cause. If you have any questions please contact Chris Noll at cnoll@ardsleymgmt.com. Sincerely, IAC Board of Directors...

Ratification/Approval of Brick Stabilization Service Contracts

Thank you to the many residents who attended the Town Hall meeting on November 21st to discuss the status of the brick project and related expenditures. The Board especially appreciates your attendance on short notice to discuss the project in detail and to have received overwhelming majority support of Board efforts and actions taken. As explained...

Overview of Nov. 21 Town Hall on Brick Stabilization Service Contracts

Since our last resident meeting, board members met with Fritz Herget of Arsee Engineers and  three contractors. Of those three, two submitted bids on Friday, November 18. The board met that same day and spoke with Mr. Herget (via phone) to discuss the bids. Mr. Herget recommended Broady-Campbell, Inc., of Indianapolis over Bulley & Andrews...

November 2016 Board Meeting Summary

Members present. Amanda Goehlert, CJ O’Donnell, Todd McKinley, Steve Spence, Alan Nelson, and Chris Noll representing Ardsley Property Management. Meeting was also observed by Russ McQuaid, Deanna Malatesta-McQuaid, Aaron Smalls, Pat Spence, Reid Ludlow, and one additional resident (name not recorded). Resident Forum. Several residents asked questions of the board during the open resident forum. Topics discussed...

Brick stabilization Phase I bids and costs

On Friday, November 18 the board and Fritz Herget of Arsee Engineers, Inc., received two contractor bids for brick stabilization work on the south facade. The two companies submitting bids were Broady-Campbell of Indianapolis and Bulley & Andrews Masonry Restoration (BAMR) from Chicago. After reviewing, Mr. Herget then provided a recommendation to the IAC board as to which...

Brick repair presentation, notes and Q&A

Dear residents, On the evening of Thursday, Nov. 3, Fritz Herget and two associates from Arsee Engineering, Inc. presented their findings from an assessment of the building. Mr. Herget’s background and experience is in historical buildings, construction and facades. He has done restoration for the Indiana Statehouse, the Murat, and Clark National Monument and others. The board...

2016 3rd Quarter Financials

Dear Resident, Please see the links below for the 3rd quarter income & expense statement along with the 3rd quarter balance sheet. IAC balance sheet ending September 30, 2016 IAC income & expense statement ending September 30, 2016 If you have any questions in regards to either one of these documents, please contact Chris Noll at cnoll@ardsleymgmt.com or...