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News and Notes

Summary of December 9, 2014 IAC Board Meeting

Summary of December 9, 2014 IAC Board Meeting Finance report. Only one homeowner is more than two months late in monthly dues payments. That homeowner is significantly in arrears and their account has been forwarded to legal. Cost of painting project. Currently about $21,500. Nearly 100% complete. Re-keying alley door. The alley (Pierson Street) door has been re-keyed for residents’...

December 19, 2014
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Plan for New Carpeting

Our Plan for Installing New Carpeting in our IAC Hallways December 2014 When we began this year the IAC Board approved a five year plan to paint the hallways in our buildings. We had estimates from several painting companies in the range of $40,000 - $50,000 in 2013 dollars for the project. Chris Noll of Ardsley Management managed...

December 18, 2014
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Summary of November 12, 2014 IAC Board Minutes

Indianapolis Athletic Club Condominiums Summary of November 12, 2014 Board Meeting Members Present.  Jason All, Frank Hrisomalos, Dale Benson, Steve Spence. Chris Noll also present representing Ardsley Property Management. Hallway Painting.  $20,400 expended on painting through the 1st week of November. Hallway painting essentially completed except for a few remaining doors. Financial Report. Expenses about 18K above budgeted amounts; however,...

November 20, 2014
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Summary of November 2014 IAC Board Meeting

Indianapolis Athletic Club Condominiums Summary of November 12, 2014 Board Meeting Members Present.  Jason All, Frank Hrisomalos, Dale Benson, Steve Spence. Chris Noll also present representing Ardsley Property Management. Hallway Painting.  $20,400 expended on painting through the 1st week of November. Hallway painting essentially completed except for a few remaining doors. Financial Report. Expenses about 18K above budgeted amounts; however,...

November 20, 2014
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Summary of September 9, 2014 IAC Board Meeting

Members Present.  Jason All,  Jack Wickes, Dale Benson, Steve Spence, Frank Hrisomalos. Chris Noll also present representing Ardsley Property Management. Hallway Painting.  $18,500 expended on painting through the 1st week of August. Currently working on second floor hallway doors and trim plus annex. Financial Report. Chris Noll distributed end of August financial report. Dues collection at 99%.  ...

September 16, 2014
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Summary of August 12, 2014 IAC Board Meeting

Members Present.  Jason All,  Jack Wickes, Dale Benson. Chris Noll also present representing Ardsley Property Management. Hallway Painting.  $15,500 expended on painting through the 1st week of August.  All hallways completed.  Presently painting doors and door frames. Financial Report. Chris Noll distributed end of July financial report.  Income 2K behind schedule. Expenses remain generally in line with budgeted...

August 22, 2014
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Summary of July 8, 2014 Board Meeting

Indianapolis Athletic Club Summary of July 8, 2014 Board Meeting   Members Present.  Jason All,  Jack Wickes, Dale Benson, Frank Hrisomalos, Steve Spence.  Chris Noll also present representing Ardsley Property Management. Hallway Painting.  $11,725 expended on painting through the 4th of July.  Board directed Manager to begin painting doors (hall-side) and door frames.  Board reaffirmed that no door frame or...

July 19, 2014
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Summary of June 10, 2014 IAC Board Meeting

Indianapolis Athletic Club Summary of June 10, 2014 Board Meeting   Members Present.  Jason All,  Dale Benson, Frank Hrisomalos, Steve Spence.  Chris Noll also present representing Ardsley Property Management. Hallway and Storage Area Painting and Carpeting.  6th, 7th and 8th floors completed as well as stairwell to roof, annex lobby and annex hallways.The Board made the decision to continue the...

June 24, 2014
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Summary of May 12, 2014 IAC Board Meeting

Indianapolis Athletic Club Summary of May 12, 2014 Board Meeting   Members Present.  Jason All,  Dale Benson, Jack Wickes, Steve Spence.  Chris Noll also present representing Ardsley Property Management. Hallway and Storage Area Painting and Carpeting.  Hallway painting nearly completed for 7th and 8th floors.  Stairwell to roof to be painted next and then Annex lobby and Annex 3rd and...

May 20, 2014
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