Sorry for the Delay...I was in the middle of my Simulator and Re-current Training at Continental Airlines through the 28th of April...
Owner's Meeting - April 14, 2007The 2007 Owners Meeting was a tremendous success. For those who were able to attend, the Meeting was informative with many questions asked and answered; the beautiful Condo Tour and the Dinner Social were all well attended and great successes.
The Meeting began with a series of reports from our Insurance Representative Pam Jameson, Financial Auditor Lupe Valdez and a local Realtor Suzette Freeman from Port Aransas Realty.
Insurance this year is actually figured at $84.00 per sq/ft. This equates to $16,000,000.00 for the loss of the structure here at Cline's Landing. There were questions asked and concerns regarding the amount of coverage and the estimate for replacement. Requests were made for "comps" with other properties and a "second opinion" of the appraised value. (It was noted that Cline's Landing is a rather unique property in that we are sitting on top of 65 foot tall concrete and steel pillars that extend into solid rock. The breach of the bulkheads in a storm may take the soil but we should fair well compared with others. This fact is one of the reasons that our Insurance costs and appraisals are rather unique as well.)
Auditor's reports indicated a "clean opinion" with "no control issues" which in their language means all is well and our system of 3 steps in order to write checks is working out well.
Realtor Suzanne Freeman reports that not only has Port Aransas "been found" but so has Cline's Landing. In 2006-2007 we had 6 publicly reported sales ranging from $212 to $390 per sq/ft. She presented "comps" from new properties including The Harbor's, Teal Harbor, The Mooring's and the 3 huge 30 story towers to go in just south of the new Arnold Palmer Golf Course. These properties as well as others in the works range in price $350-$400 per sq/ft. These properties as well as others including Cinnamon Shore's and
Newport , are boosting our valuations. We've been featured in 2nd Home Journal and The Travel Channel actually filmed from the Sunset Room here at Cline's Landing for their upcoming segment on Port Aransas. Suzanne did say that with the higher valuations do come the responsibilities of continued maintenance, repairs and the availability of comparable amenities offered by these new arrivals.
Amenities Committee was very well represented by Nancy Phillips (107). She thanked all involved for the help in procuring, planting and placing the new plants in the hallways on each floor. She also gave a rundown on the repairs slated in and around the Dolphin Room. The first was the replacement of the sewer pipes in the ceiling, then the replacement of the carpet, ceiling tiles and new paint to follow along with a new TV. She then thanked the Hearns (117), the Draeger's (307), the Klee's (315), the Hanna's(604) and the Mollenhoff's(615) for their participation in the Condo Tour and invited all to attend.
Grievance Committee chief Bo Perry (504) reported a very quiet year under his watch.
Nominating Committee's Jan Novak(103) reported there were 2 nominations for 2 open positions on the Board for 2007-2009. Ken Jones and I were the 2 candidates... Elections were sort of held, and Ken and I were swept into office in the blink of an eye.
Manager's Report followed with Patsy Grimes thorough assessment. Currently we are:
*Upgrading the fire alarms, speakers and protection equipment in the hallways.
*Repairing the water softening equipment.
*Upgrading the surveillance cameras.
*Replaced a wooden gate. (next to the Station St Pier)
Patsy also mentioned the impact of the new maintenance team. Since Royce arrived on the property we have not used an outside contractor. Maintenance and repairs are being completed in record time and again all done "in house." (Last year's expense for outside contractors to do the work our staff should have been able to do was almost $50,000!) When you include their wages of close to $70,000 this was a very inefficient and costly department. Patsy appears to have a great crew on board and a Maintenance program that we can now afford and be proud of...
Old Business: Board Member Hugh Caudill reported on various projects around the property including the "Rubber Rock" which is sprayed over the expansion joints in the parking lot. It's only good for a few years and will need to be replaced. We are looking at a possible new product as well. (You may see a "test strip" or 2 in the parking lot soon.) Hugh also mentioned the repairs on the sewer pipes above the Dolphin Room appear to be an isolated event. The others have been inspected and appear to be fine. Hugh also mentioned that the repainting of the walkway ceilings is now complete.
New Business: Steve Heymann (204) mentioned the bulkheads in the Marina and the need to have them inspected. In years past they were "Liquid Jacked" back into position. It's not a repair but simply a temporary fix.
Previous Board Member Bob Wray (510) reported the plan for a new recreation area to be submitted to Owner's in coming months is developing on schedule. This plan is part of an enhanced renovation and updating of our entire property. Bob mentioned the plan is a combination of ideas collected over the last couple of years. He went on to introduce Dan and Debbie Pendley of River Oaks Pools. Their presentation was professional, very informative and showed designs that were scalable and can be adjusted to our needs. They were here to present ideas and concepts of what's available and what's going into the new properties here on the island. (3 of which they are currently doing...)
The plan centers around our current pool which is expanded on 2 sides. A much larger, elevated Spa and second "adult pool" with lap swimming capabilities are included. The plan also includes grilling and eating areas as well.
These concepts as well as related issues including examining the current bulkheads condition, total cost estimates and determinations regarding property improvements and an ADA grandfather clause will be considered. Look for more on this in the coming months.
Those are the high points of the 2007 Owner's Meeting. Thank you to everyone who made it a success including Kay Culpepper (111) for her hard work on the Condo Tour. To Nikki Lockett (308), Carol Clark (414) and Pam Klee (315) for their efforts in making the Dinner Social so memorable. Thank you of course to our staff as well. I hope I didn't forget anyone...
Randy Clay
** If you would like to be notified by e-mail when this site in updated, please send an e-mail to
ClinesLanding@gmail.com**Dan and Debbie Pendley were kind enough to provide us with screen shots of our Recreational Area Concept used during their presentation.
(Click on the Photo for Full Screen Image...)
The 1st Image is the "enhanced" current pool and spa...








