Parkside of One Bayshore
Important Notice Regarding the Annual Meeting: Owner’s who will not
be able to attend the annual association meeting, need to return their proxy
in the provided blue envelope PRIOR to the meeting. There must be a
quorum before the meeting can be held. Proxies must be received by
Last month we talked about the availability of insurance riders to protect you
in case the Association has to assess owners to cover the deductible on the
It is important to remember that the association fees include coverage for the
restoration of the building and its equipment as well as liability coverage for
the association. This insurance does not cover your personal property, the
interior of your unit, or your personal liability.
Owners should consider insurance to cover not only your furniture and
personal possessions, but coverage to rebuild the interior of your unit
including items such as replacement of flooring, cabinets, counters,
plumbing, and electrical systems.
Renters do not need to be concerned about insuring the cost of restoring the
interior of their unit, but should consider insurance coverage for furniture
and personal assets.
You may also want to make sure that you have “Loss of Use” coverage on
your personal insurance. If the building sustains major damage due to a
hurricane (or other incident), we may not be able to reoccupy the building
for many months. Insurance is available to pay for your additional living
expenses due to loss of use of your primary residence. In the event of a total
loss of the building, it may take 2+ years to rebuild. Ensure that you have
enough coverage to allow adequate time for the construction.
The board is starting to develop the budget for 2007. Now that we have
more than a year of history, we should be able to create a more accurate
budget than we had in 2006. We are also looking at our reserves. We found
several pieces of machinery that need to be protected by reserves and will be
adding these to the 2007 budget. As with every homeowner in Florida, we
are anticipating a substantial increase in our insurance rates next year. The
board is shopping for the best rates we can find.
As you probably heard, the building sustained a direct lighting strike in
August. The strike hit the spire on the East Tower. The spire and about 2
feet of the concrete pillar that it was mounted on fell to the street. We were
very lucky that there were no injuries. There was some electrical damage to
the building’s gate and entry system for the East Tower. These have been
repaired. We had an engineer look at the column and he found no structural
damage. We will be assessing options for repairing the spire.
The board provided feedback to Crane engineering. We will schedule a
special board meeting with Crane Engineering to answer our questions.
Once scheduled, we will post the meeting date and time.
Last month we announced a trivia contents on our website. We had 2
entries. JoAnn Piloneo was the winner with 4 out of 5 correct. You can see
the answers on our website at www.1bayshore.com.
Annual Association Meeting
The annual meeting of the association will be on October 17th 2006 at 6:30
PM in the fitness center. Please be sure to attend the meeting or submit your
The board is looking at adding cameras to some of the common areas. We
have 2 quotes and are looking for 1 more. We will have to compare the cost
of these systems to our available budget and make a determination if we can
afford to add these systems.
Speed Control in the Parking Garage
Despite multiple requests to residents, we are still experiencing vehicles
traveling at dangerous speeds through the parking garage. Our first concern
is near the pedestrian crossings by the doors to each tower. People exiting
the garage and approaching from the West actually cross two pedestrian
areas. Many of them do not even slow down. The board voted to install
speed-bumps at these points. You should see them shortly.
Please maintain a safe speed through the garage. We have many close calls
at each of the turns and it is only a matter of time before we have an
accident. If residents do not voluntarily control their speed, we will be
forced to install speed-bumps throughout the garage.
Vandalism in the West Tower Lobby
On Saturday September 9th, a party got out of hand on the pool deck. The
resident’s that held the party left beer bottles and other trash through out the
pool area. They fired off a fire extinguisher in the west tower lobby. The
powder from the extinguisher covered the furniture, plants and flooring in
the lobby area. In addition it tripped a smoke detector that shut down the
We are pursuing reimbursement for all expenses incurred by the association
for cleanup and repairs.
We have good news related to the recycling program. The City has
delivered two recycling bins for use by our building.
The bins are located outside the trash room near the East tower service
entrance. We will reserve one bin for newspapers (no books, magazines,
phone books, plastic newspaper bags, or junk mail), and the other for plastic,
glass, and aluminum (please rinse items prior to placing in the bins!).
Please do not put trash or other inappropriate items in these bins. If we have
to clean trash out of the bins on a regular basis, we will have to terminate
Our financial status has improved over the prior months. As mentioned in
the August update, we are receiving an estimated $11,000 credit from the
City on our trash pickup fees. This credit plus other collection efforts by the
Community Association Manager have had a positive effect on our bottom
Parkside of One Bayshore
Financial Analysis Summary
As of 08/31/2006
Budget Annual Difference Comments
Total Income 603,096.00 606,687.89 3,591.89
Costs 49,968.00 88,891.76 38,923.76 Due to new Prop. Mgmt. contract
Insurance 130,224.00 119,681.46 -10,542.54
Maintenance 179,988.00 160,885.80 -19,102.20
Due to increase in trash pickup
Utilities 131,208.00 174,208.29 43,000.29 exp.
Reserves 111,696.00 112,530.50 834.50
Total Expenses 603,084.00 659,426.71 56,342.71
Income less Expenses -52,750.82
Retail Shortfall -5,275.08
Unit Owners Shortfall -47,475.74
Avg. Owners Shortfall -460.93
Financial Update - Continued
Based on the current projections, the following table lists the anticipated
assessment by unit.
Parkside of One Bayshore
As of 08/31/2006
Unit Percentage Assessment
Ivywood 0.7184 341.07
Inman 0.7402 351.42
Kensington 0.8961 425.43
Jackson 0.9250 439.15
Maryland 0.7177 340.73
Morrison 0.7332 348.09
Edgewood 0.8771 416.41
Freemont 1.0033 476.32
Chapin 0.8715 413.75
Brevard 0.9100 432.03
Ardson 0.9160 434.88
Gardner 1.0477 497.40
Harborview 1.2635 599.86
Delaware 1.0428 495.08
Edison 0.8820 418.74
Fielding 1.0040 476.66
Retail Space 10.00 5,275.08
If you would like to see the details that were used to create the above charts, please use
the “Contact Us” page on the website to send a message to the Treasurer.
Reminders of the Month
If you lease out your unit, the association rules and regulations require that
you file an application with the community association manager and you
must get board approval for the lease. New applications are required when a
lease term expires. Failure to do this will result in a $500 fine for the first
occurrence and a second occurrence will result in denial of all future leases.
If you have a unit that is leased and have not filed an application with the
association, please get an application for your current tenant to the property
Messages from the Community Association Manager
Please do not use the garage area as a trash bin. Do not leave bags, bottles,
boxes, cigarette butts, beer cans, or other trash in these areas.
Someone has been grooming their dog(s) in the East tower stairwell and
leaving the pile of fur for maintenance to clean-up. The common areas of
the building (including the stairwells) are not appropriate places for these
types of activities.
It is important that you do not let shopping and valet carts block the elevator
lobby exit doors. This is a violation of the City Fire code. Continued
violations may require us to remove these services from the building.
Trash Chutes – Please do NOT stuff boxes or oversized items down the
trash chutes. Chute jams are expensive and time consuming to clear. We
are usually able to identify the person who caused a jam. Violators will
receive a letter and will be required to pay for expenses related to clearing
Vendors, deliverymen, and contractors are required to remove boxes,
appliances, etc. from the premises upon completion of their work. This is
Mandatory. There will be no exceptions to this rule.
Messages from the Community Association Manager - Continued
If you need to dispose of boxes, they must be cut down and folded flat.
Bring them to the service hallway and maintenance will assist you in putting
them in the compactor room. Do NOT leave boxes or packing materials in
the service hallway on Saturday or Sunday.
Rules and Regulations
The rules committee presented its recommendations for the month of August
to the board. A motion was made and approved to adopt the rules and
regulations listed below. These rules will be added to the association’s rules
and regulations document, which will be posted on the website.
The committee is continuing to research other rules that may be applicable
to the building. These will be given to the board for discussion and a vote at
1) Residents may store 1 bicycle per parking space. Bicycles must be stored in front
of vehicles or between spaces shared by a common unit.
2) No sleeping in either lobby
3) Soliciting is not allowed in Parkside of One Bayshore. Flyers, pamphlets, or any
other items, may not be placed under the unit doors or in any common element
except the mailroom bulletin-board or as authorized by the Association.
4) Unit doors on the hallway side are common areas. Hardware may not be changed
without the written permission of the Board of Directors and must be replaced
with acceptable uniform door locks and knobs.
1) All vehicles parked on the grounds for more than 5 hours must have identification
a. Residents will be issued a numbered window decal with proof of
b. Visitor parking passes will be utilized to identify short term visitors. They
may be printed from the website or issued by the Community Association
Signs have been posted on South Hyde Park Street to limit parking to
authorized vehicles. This seems to have solved the parking issues that we
Your guests may utilize the on-street parking without fear of having their
vehicle towed. We will be creating guest parking passes which will be
available on the website. We will let you know when they are ready for
At the August board meeting we approved new rules related to parking
(please see the section on Rules and Regulations elsewhere in this
These rules will be implemented over the next several months. We will be
ordering and distributing parking decals to residents. We will not be
limiting the number of decals issued per unit, but you will need to show the
vehicle is registered in the name of the owner or a tenant of an approved
We will also be rolling out a guest pass system. These passes will be used if
you have a visitor that will be parking on the property for more than 5 hours.
The passes will be printable from the website or they may be obtained from
Marie in the office.
We will notify you when we are ready to distribute the decals as well as
when we are ready to start utilizing the guest passes.
January 17, 2004. Progress seems to come much quicker. Two more floors
in one month. This photo was taken from the Platt Street bridge looking at
the parking garage and retail space.
We will accept ads for items wanted or items for sale. The ad will run a
maximum of two months. Please le me know if you do not need the ad to
run for the 2nd month.
For Lease: 2 bedroom furnished unit. Call 203-858-2182 or visit
For Lease: 1 bedroom unfurnished unit. Call Sam at 727-458-7335.
Parkside of One Bayshore Board of Directors
Debbie Gallagher, President
Bill McKnight, Vice-President
Don Disler, Treasurer
Eddy Midyett, Secretary
Blannie Wheelen, Member-at-large
Board of Directors Meetings: 3rd Tuesday of every month
Location: Exercise Room – 6th floor
Time: 6:30 PM
Next board meeting: 11/21/2006
Annual Association Meeting: 10/17/2006
Community Association Contact Information
M. Marie Price – LCAM
Office Phone: 813-253-5315
Emergency after Hours: 813-600-1100