DAMAGE
- To promote the reduction of the amount and severity of damage and loss within the homes.
- To monitor closely the Village charges to the fund, in order to ensure their legitimacy and accuracy. For Damage Fund criteria See – smugglers damage fund criteria
Purposes:
Functions:
- Review the inspection process and ensure that it effectively promotes damage reduction.
- Monitor the operation of the 5% Damage fund. Audit the work orders and billings issued by management for repair and replacement of items and furnishings within homes in order to determine their correctness and compliance with the guidelines for the damage fund as per the contract and subsequent understandings between management and the Association.
- Identify all items charged to the damage fund that do not pertain to individual damages in homes, review their legitimacy and report them as separate items to the Board of Directors.
- Meet with management staff as needed to review the procedures and controls for identifying and correcting damage, and for charging the fund.
- Determine, compile and maintain a body of statistical data about the fund in order to identify trends in damage/loss and repairs. Review the annual statistics for each home in order to advise each homeowner of the damages incurred in their home.
Review the ongoing policies and rules for the Damage Fund and make recommendations
Members
- Michele Cloke
- Liz Waldvogel
Meeting agendas and minutes
No agendas or minutes have been posted yet.
