March Minutes 2025

Victoria Village Atrium Association

Board of Directors’ Meeting

March 10, 2025

Board members present: Sarah Wise, president; Larry Sagstetter, vice president; Margie St. Jacques, treasurer; Jill Griffith, secretary; Ann McNattin, member at large.

Also present: Mike Severson, building manager.

1. Call to Order: The meeting was called to order at 6:30 p.m.
2. Secretary’s Report: Moved, seconded, and voted to approve the minutes for the February 2025 board meeting as written.
3. Treasurer’s Report: 
1. For February 2025, the opening balance was $489,912.33 and the closing balance was $526,328.27. This represents an increase from the opening balance of $36,415.94. As of the end of February, we had $92,868.04 in our operating checking account, and $433,460.23 in reserve accounts. (Note: The reserve accounts are one operating CD with North American Bank, a money market account with Premier Bank, a Premier CD, an NAB CD, a savings account with Royal Credit Union, and three CDs with Royal Credit Union.) Moved, seconded, and voted to approve the Treasurer’s Report.
4. Committee Reports:
1. Welcome Committee: There are no new updates this month.
2. Recreation Committee:  There is a dinner at the Tavern on Monday, March 17^th to celebrate St. Patrick’s Day. There are sign-up sheets on the front entry way and garage bulletin boards.
5. Management Report: 
1. Rain Garden: Ramsey County will be inspecting the rain garden on June 6^th at 8:00 AM. Mike will meet the County Rep onsite then.
2. Signage: Security signs will be placed on outside doors in the garage stating that the area is under surveillance and not to prop the doors open. 
3. Smoking Amendment: A new vote will be mailed out due to changes made in the amendment. The changes are 1) there is no smoking allowed within 30 feet of the building and 2) only current owners are grandfathered in, and the no smoking policy will apply to new unit owners regardless of the circumstances of the transfer of ownership.
6. Old Business: 
1. Security System: A bid was received from IPS, and the quote was much higher than anticipated. This project has been moved to a future wish list. 
2. Storage Locker Damage: A homeowner question came up regarding responsibility for the replacement of their damaged storage lock from the December 2024 security breach. It was decided that it is the homeowner's responsibility to replace that lock. Mike will contact the unit owner. 
3. Recycling: Continued discussion regarding the dilemma between the current recycling carts with the lack of volunteers to manage them and the challenges of having a recycling dumpster with a heavier lid than the current carts have. Tabled until the April meeting while additional options are brainstormed.
4. Shoreview Tree Grant: No word back from the City of Shoreview as the grant funding is still on hold.
7. New Business:
1. Spring Unit Air Conditioning Tune Ups: Harvey Mechanical will be contacted to determine his availability for the AC tune ups. 
2. Roofing and Skylight Installation: Mike needs to hear back from the skylight company regarding their schedule availability this spring. Ideally, the roof and skylights will be replaced in a timely manner of about 1 ½ weeks, but that is dependent on the availability of both companies.    
8. The meeting was adjourned at 7:41 p.m.
9. The next Board Meeting will be on Monday, April 14^th at 6:30 p.m. in the Activity Room. All Homeowners are invited to attend.

Respectfully Submitted,

Jill Griffith, Secretary