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Meeting Minutes - An overview for board members Since board meeting attendance is commonly low, how can the board keep the unit ownership up-to-date with the latest board decisions? How can the board prove that a measure, such as a special assessment, was adopted and handled legally?  Meeting Minutes.  Minutes are the written record of a condo association meeting.  The Minutes: Confirm any decisions madeRecord any actions takenRecord who has been assigned a task or responsibilityProvide information and details about the meeting for anyone who could not attend Minutes should provide an unbiased record of what board decisions were made including...

It's 108 years in the making.  Last night, the Chicago Cubs won the 2016 World Series in cinematic fashion, defeating the Cleveland Indians in extra innings amidst a deluge of rain. City Hall announced today that the Cubs' victory parade would be held this Friday, 11/4, at 10 a.m. The parade is expected to start at Wrigley Field, ending with a rally in Grant Park. Millions of people are expected to descend on the city tomorrow, eager to participate in the festivities. But as the city has learned in the past, massive crowds tend to attract trouble. Here are some tips...

  Serving on a condo board is not an easy thing to do. Often, there is so much work to do that members feel as though serving on the board is a full-time job. This is unacceptable, especially given the members' other career committments. Any kind of disorganization is a bad sign for condo associations. The lack of a proper structure can result in a lot of wasted time and energy; not to mention the fact that many of the meetings' goals will be left unachieved. Implementing a framework for all board meetings will ensure that the maximum amount of work...

What can be stored in the common hallways, stairways and other means of egress? According to the law, nothing. Interior landings, hallways and stairs must be completely clear of all items. This includes shoes, shoe racks, planters, pots or other items. The relevant section of the Chicago Municipal Code below relates to new construction: 13-160-070 Obstructions prohibited.For purposes of this section and Section 13-96-135 only: the term “small building” shall mean a residential building that is both less than four stories high and contains fewer than four residential units; and the term “large building” shall mean a residential building that is...

When a condo association needs a large amount of cash in a short period of time, a loan may be the only option. This is especially true if the owners cannot afford a large special assessment. Association loans often become necessary as an emergency measure due to deferred maintenance and a lack of proper budgeting. These types of loans use the association's existing and future assessment income as collateral to secure the debt. This means that if the association fails to repay the loan, the bank will go after the association's assessments. Prior to this change to the Illinois Condominium Property...