Wednesday, December 23, 2009
Saturday, December 19, 2009
Saturday, December 12, 2009
regarding our next steps in this process - the work is just beginning.
Voting was as follows:
100 votes for
13 votes against
15 slipholders did not vote
1 delinquent pay vote
We had a good turnout at the meeting today - we are still here to
answer your questions.
Friday, December 4, 2009
forever) where it shows and pressure treated southern yellow pine
(rots in 20 years, exactly same stuff we have rotting right now in
our old docks, for the framing.
Fixed docks made with yellow pine would last 20 years, the reason for
the difference in the longevity of the floating docks versus fixed is
that floating docks will not be submerged on a regular basis thus
diluting the treatment chemicals and rendering it vulnerable to
deterioration. Also The fixed docks are fastened with galvanized
nails and due to being submerged they rust, swell up and split the
stringers thus allowing water to enter the tops of the stringers and
speeding up deterioration. Floating docks are fastened with
stainless screws and will not deteriorate, and the hardwood deck
helps to keep the weather from the top edge of the treated lumber underneath.
Tuesday, December 1, 2009
This is completely at the discretion of the slip owner. There are
options such as hauling at local boatyards. The New Dock Committee
is looking into various suggestions made at our recent meeting and
will be offering further suggestions in the near future.
contractor. Having been involved with construction contract bonding
my whole business career, this approach was not taken lightly. It
seems that bonding is not the norm with local dock bidders, so we
would have severely limited competition by requiring a bond, as most
of them are not set up with a bonding company. In addition, bonds are expensive, and would have been added to the bid.
We have taken several steps to protect the association from loss due
to contractor default. There is an inherent factor in the nature of
the project that protects the association. Two thirds of the contract
cost is for the floating docks themselves, and the association is
purchasing them directly from the manufacturer, removing our major
financial contractor risk. We are confident of the financial strength
of the dock supplier, but we are requiring the company to provide
significant financial data, and we will check their credit
references. Since these are made to order docks, a 30% deposit is
normally required with the order, with balance due upon delivery. Our
dock vendor has agreed to reduce the advance payment to 15%, and they agreed to this easily, and they agreed to escrow our deposit in our name until delivery.
Our pending contract with the local contractor doing the work to
complete the project has several stipulations to protect the
association. The contractor will be paid monthly for work actually
performed, less 10% retainage, which will be held until final
approval of the completed project. In addition, before contract
award, the contractor must provide us with financial information and
credit references to convince us of his financial ability to complete
In addition to the above,, we are subcontracting the electrical and
plumbing ourselves, which further slices the pie, minimizing the
values paid to any one contractor.
Your Dock Committee feels it has taken all reasonable steps to
protect your association from the financial difficulties of the
contractors involved with this project.