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News and Notes

IAC Fitness Committee Meeting 4/16/15

In attendance: Committee chair Amanda Goehlert, residents Kiersten Kamman and Steve Spence Golf room in basement The committee discussed adding an indoor/outdoor putting green to the basement. The one Amanda suggests is a 3.5’ wide by 8’ long  Expand-a-Green felt/foam 10-panel modular putting green available on Amazon for roughly $87. Amanda will ask the board to approve the...

Summary of February 10, 2015 IAC Board Minutes

Summary of February 10, 2015 IAC Board Minutes Members present. Dale Benson, Jason All, Steve Spence, Amanda Goehlert, Alan Nelson, and Chris Noll representing Ardsley Property Management. Fire alarm system. The board approved payment to Koorsen for repairs to fire protection system found after routine testing. Board members will be instructed on how the alarm system works for...

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’...

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...

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,...

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,...

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%.  ...

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...