|Re: a slush fund for temporary financial relief||<– Date –> <– Thread –>|
|From: Katie Henry (katie-henryatt.net)|
|Date: Fri, 20 Oct 2017 16:28:03 -0700 (PDT)|
Good point about maintenance. You would want to have everyone in the same twice-a-year service contract and have the provider report user issues, such as really dirty filters. [everyone else stop reading now] TVC has an individual loop for each unit, so each unit owner has more responsibility. EVC has one giant loop that serves the entire building. Pressure in the loop is centrally monitored and water is automatically added as needed. An alarm is triggered if excess water is being lost. The only possible user intervention is changing the filter. So there are fewer variables. Interesting idea about making the heat pumps common property. I wonder what Stan would say. I think I like the idea. Katie From: Sharon Villines <sharon [at] sharonvillines.com> To: Katie Henry <katie-henry [at] att.net>; cohousing-l [at] cohousing.org Sent: Friday, October 20, 2017 6:00 PM Subject: Re: [C-L]_ a slush fund for temporary financial relief > On Oct 20, 2017, at 4:18 PM, Katie Henry <katie-henry [at] att.net> wrote: > > I had a proposal that never got off the ground, but I still think it was a > good idea -- the community should self-insure the equipment. Say there are 55 > dwelling units in the building and a total of 70 heat pumps. Each unit owner > pays $50 per year per heat pump, which puts $3,500 into the self-insurance > fund per year, which then would reimburse members for heat pump > repair/replacement. One way to do this would be to declare the heat pumps common property and include them in the reserve and maintenance study. The problem with heat pumps inside units is that (1) the owners can misuse them, and some people may value a higher quality. I would find it difficult to take on expenses that involved the irresponsible actions of others. Not accidents but ignoring proper use requirements. The issue here is that the owner owns the furnace and the association owns the loops. The association has no plan for inspecting the loops. If there is a leak in the loops it can damage the furnace. The lack of water in the loops is discovered too late. Who is responsible? Sharon ---- Sharon Villines Takoma Village Cohousing, Washington DC http://www.takomavillage.org
- Re: a slush fund for temporary financial relief, (continued)
Re: a slush fund for temporary financial relief Sharon Villines, October 20 2017
- Re: a slush fund for temporary financial relief Katie Henry, October 20 2017
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