Annual Meeting and Insurance Changes

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We have uploaded the Annual Meeting Notice, and an Insurance Letter that will explain Utah Bill SB167 that changes insurance requirements for condominium developments. We will review this material at the Annual Meeting. You should give the letter to your insurance agent and s/he will adjust your personal insurance accordingly.

Board Meeting Minutes and Remodel Survey

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The Board met on October 27, 2011. The minutes are now posted. Included in the minutes is the operations plan for the Racquet Club during the 2012 Sundance Film Festival. The Annual Meeting will be Tuesday evening, January 31, 2012. Please plan to join us. Time and location will be sent to you by the end of December.

Insurance Survey -  During the Utah Legislative session earlier this year, Senate Bill 167 was passed affecting Condominium Associations and the manner by which insurance claims responsibility is determined and paid. On December 1 you were mailed a survey that will help us determine the replacement cost for Racquet Club homes and our insurance costs for the coming year.  PLEASE RETURN YOUR COMPLETED SURVEY ASAP. Below is a summary of the new law and how it will affect you. This information was also in a letter accompanying the survey.

1. Effective March 12, 2012 Building Property will include walls, paint, carpeting and other flooring, cabinetry, fixtures, and all permanently attached items in your Condo. This coverage will be provided for all Unit Owners at Racquet Club within the protection of the Master Policy. Until the master policy deductible is met, (it may be set at $5,000, $10,000 or greater), each Unit Owner will be responsible for Building Property Coverage for your own unit. Importantly the Board has not yet determined the Master Deductible amount for the policy. That will be determined prior to the annual meeting so we can budget our insurance for next year. We will notify all homeowners as soon as we determine the master deductible amount.
2. Contents include personal items that can be removed from your home; furniture, clothing, electronics, kitchen items, etc. Passage of Utah SB 167 does not change the responsibility for Contents coverage. Each unit owner should purchase this coverage from their insurance professional.
3. Personal Liability protects you in the case of an individual claim or lawsuit against you, due to negligence on your part, resulting in the injury to another person, or damage to another’s property. Passage of SB 167 does not change the responsibility for Personal Liability Coverage. Each unit owner should purchase this coverage from their insurance professional.
4. Loss Assessment provides monetary ability to pay any assessment that may be levied against the individual unit owners of the Association due to a non-covered loss against the Master policy. This will cover the deductible amount included in the Master Policy. When we determine the deductible amount you will need to purchase insurance to cover any loss assessments.

We will have further discussion about Insurance and what you need to do at the annual meeting scheduled for Tuesday evening, January 31, 2012.

Minutes and Landscape Review

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Happy fall everyone! I’ve posted the September Board Meeting Minutes and our most recent Landscaping Observation report from Lyman Landscaping.

Notice of Sunday Work on Racquet Club

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I received the following notice regarding Sunday work on the Racquet Club -

The project has undergone significant delays due to subcontractor issues.  There is critical timing issues with completing the asphalt paving prior to the changing weather.  The contractor is only seeking 2 Sundays to prepare for the asphalt paving.

I will grant working on Sunday until October for work that is quite in contrast  to normal operations. Work on Sunday will be limited  from 10 am -4 pm. There shall be no loud noise from this project if we get numerous complaints we will prohibit work on Sundays.

Golf Course

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Park Meadows Golf course has sprayed the thistle along the north edge of our property. Please do not use the Park Meadows Golf Course for you recreation (playing catch, hitting golf balls etc). Park Meadows is a private course and they have been extraordinarily good neighbors so please respect their property line. There is plenty of open space to play catch etc. on Racquet Club property.

thanks – HOA Board

July Board Meeting Minutes

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The July Board Meeting minutes are posted. Hope everyone is having a nice summer and for all those in phase 1 – Thanks for putting up with the painting and landscape irrigation work. It’s going to look great when it is done!

May Board Meeting Minutes

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The May Board Meeting minutes are now posted. Also, you should have received the notice below regarding a request to change Saturday work hours on the Racquet Club.

The Planning Commission will review this proposal at their regularly scheduled meeting on Wednesday, June 22, 2011
at 5:30 p.m. in the Council Chambers at 445 Marsac Avenue.
Project Location: 1200 Little Kate Road, Racquet Club
Applicant: Park City Municipal Corporation
Project Description: The applicant is proposing a modification to a condition of approval of the Master Planned Development regarding
the hours of construction which currently restricts work hours on Saturday from 9 AM to 6 PM. The request is to change
the hours from 7 AM to 6 PM.

If you want to provide input and cannot attend the meeting contact Kayla Sintz at (435) 615-5062 or kayla.sintz@parkcity.org

March Board Meeting Minutes

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the March Board Meeting Minutes are now posted. Happy Spring everyone!

January Minutes

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The minutes from the January board meeting are now posted. Please remember to send in your proxy for the annual meeting on January 13, 2011

Comcast

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Just an FYI – Several owners have had Comcast doing some work on their cable TV. It has come to our attention that, in general, the cables in the crawl spaces are not labled (which cable goes to which unit). If a Comcast technician does any work in the crawl space of your unit, you may want to ask the technician to label the cables as s/he does the work.