Sunday, December 14, 2014
The Edge at Reno 2015 Budget
The Edge at Reno 2010 - 2015 Approved Operating Budgets are now online.
http://edge-reno.com/Budget
The Edge at Reno
200 Talus
Reno, Nevada 89503
(775) 358-6527
Tuesday, December 9, 2014
The Edge at Reno~Board of Directors Mission Statement~~http://edge-reno.com/missionstatement.html
The Edge at Reno received the "Best in Reno-University Housing" award for 2011, 2012, 2013, and 2014. For more Information contact Sara Sharkey at (775) 786-6133.
Monday, December 1, 2014
President’s State of the Association to Members
President’s State of the Association to Members
The Edge at Reno Condominium AssociationNovember 25, 2014
After being the Edge
at Reno Treasurer for nine months, I have experienced the budget and audit
process for the Homeowners at the Edge at Reno .
Working with Incline Property Management plus Hilburn and Lein, CPA’s, The
Board of Directors has been able to release strong financial statements
reflecting that for the fiscal year ending December 31, 2015, the Edge at Reno
is at 186% of the Nevada mandated reserves.
With remodeling
scheduled to begin in May 2015, The Edge at Reno’s Architect of Record, Alchemy
Design, has been preparing design drawings and blueprints for the permit
process beginning approximately February 2015. The Board of
Directors meeting for February has been scheduled for February 20th
at Three PM for the Alchemy Design Presentation.
Currently Alchemy Design is evaluating soils and structural engineering firms to determine the reliability of retaining walls on the
As the former Treasurer, I am tuning the financials to reduce tax liabilities; reduced liabilities incurred as far back as 2009 due to Fire Sprinkler breaks and repairs. As early as 2008, there was a $2,500 Reserve Assessment as a liability from the 2008 Reserve Study. In the 2013 Reserve Study the Reserve Assessment was removed from the Reserve Study. However, since over $208,000 in emergency repairs was paid for out of the Construction Defect fund, the Reserve Fund owes the Construction Defect Fund over $208,000. In theory, there should or could have been a special assessment. But, the 2014 Board of Directors passed a motion to defer this liability until after the construction.
In reviewing budget documents, it is clear that the last three board of directors preserved assets from payouts to homeowners. In 2012 a former board member recommended distributing $25,000 to each homeowner. The Goal of the 2015 Board of Directors is to proceed through remodeling with a strong architectural plan, cost controls to preserve assets, and an evaluation program to ensure the homeowners received value for what the Board of Directors contracted.
Deanna Lee, President
The Edge at Reno
(775) 786-6133
Monday, October 27, 2014
Saturday, May 3, 2014
Saturday, April 26, 2014
UNR Student Housing Open House and BBQ
The Edge at Reno, 200 Talus at North Virginia will host the Spring Open House BBQ and Community Tour on May 10, 2014 from One PM to Four PM. All Students and Parents are invited to attend.
The Edge at Reno consists of :
Four Bedroom Four Bathroom Suites
Three Bedroom Three Bathroom Suites
Two Bedroom Two Bathroom Suites
Come to Open House, Meet with Board of Directors, Owners, and Current Tenants.
Pool Opening May 10th at One PM.
The Edge at Reno was awarded the "Best in Reno 2011, 2012, and 2013 University Housing."
(775) 786-6133
www.edge-reno.com
www.edge-reno.com
Tuesday, January 14, 2014
CPA Auditor with Non Profit and Construction Defect Experience
CPA Auditor for a Non-Profit with Construction Defect and HOA experience opportunity~http://edge-reno.com/rfp.htm
Saturday, January 11, 2014
January Board of Directors Meeting
The Edge at Reno Board of Directors meeting, January 23rd, 6 PM.
http://edge-reno.com/aboutus.htm
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