Hollow Hills Greens South HOA Simi Valley, CA

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Claud Dean
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1 Hollow Hills Greens South HOA Simi Valley, CA 1

2 Agenda for this Evening s Meeting: Introductions Design Build Associates Who we are Current Status of the Project Findings Project Financials Questions from homeowners 2

3 Agenda for this Evening s Meeting: Introductions Design Build Associates Who we are Current Status of the Project Findings Project Financials Questions from homeowners 3

4 INTRODUCTIONS: Board of Directors Karen Medley President Judy Perkins Vice President Janice Newcome Treasurer Corey Clark Secretary Kathy Kane Member at Large Association s Property Manager Danita Vaughn Concord Consulting & Associations Design Build Associates Dennis Brooks DBA Principal Skip Bing Project Manager 4

5 Agenda for this Evening s Meeting: Introductions Design Build Associates Who we are Current Status of the Project Findings Project Financials Questions from homeowners 5

6 Design Build Associates Why Construction Management? A Construction Manager provides the necessary checks and balances to assure a successful project considering time, quality, and cost objectives. Why Design Build Associates? For over 30 years DBA has been passionate about ensuring the highest quality and construction standards for Homeowners Associations. 6

7 Design Build Associates, Inc. Because of our construction background, we are better able to achieve our client s ultimate goals by: Establishing the proper scope of work for repairs Identifying the priorities of necessary repairs Overseeing the project completion in a timely manner 7

8 Design Build Associates Past Clients and Projects 8

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10 Design Build Associates Partial Project List 1100 Wilshire HOA 175 E. Wilbur 201 Ocean 431 Doheny 4501 Cedros 4644 Coldwater Canyon 611 Flower St Retail Space 611 Flower Street Daily Grill 656 West Knoll 885 Orange Grove HOA 911 Kings Road 951 Ocean Condos Adler Home Malibu Agoura Country Townhomes Alexandria Square HOA Antonova Residence AppleTree HOA Arthur Murray Sherman Oaks Azzurra HOA Balboa Townhomes Baldwin Park Bella Vita Barker Block HOA Barrington HOA Beachport Cottages HOA Big Sky HOA Blu HOA Brent Park Townhomes Briarcliffe HOA Briarcrest HOA Broadmoor Village HOA Brookside Village Walk Burbank Village Walk Cahuenga HOA Calabasas Park Estates HOA California Place Camarillo Miramonte HOA Canoga Lakes HOA Canyon Hills Canyon View Canyon Village HOA Capri II HOA Casa de Oaks HOA Casa Pasadena Casafina Century Hill Channel Islands HOA Chapman Townhomes HOA Charing Cross HOA Charmel Villa Townhomes Chase - 30th & Rancho Vista Chase Bank, El Monte Chatsworth Village HOA Church in the Canyon Club Properties HOA Conti Residence Continental OA Cordova Park Villas Crescent Walk Cross Creek Village HOA Dankanyin Residence De Celis Court HOA De Los Amigos HOA Del Prado Del Rey Manor HOA Diplomat Dr. Reddy Residence Diplomat Ekman Residence El Escorial HOA El Segundo Peppertree Eleven Eight 12-16, Inc. HOA Encino Oaks HOA Encino Regency HOA Essex House HOA Estates of the Oaks HOA Evergreen Development Excelsior Americana at Brand Faubourg St. Denis HOA First Western Development Friendly Valley HOA Fulton Terrace HOA Fusion HOA Gardena Village Granada Gardens HOA Gateway Walk Genesis Granite Park Hampton Court HOA Handfinger Residence Hansen Villas Harbour Vista Harris Residence Harte Terrace Harvard Townhomes HOA Hermosa Surf Hidden Canyon HOA Higgins Loft HOA Hollywood Versailles Tower Huntington Townhomes Icon Indigo Irwindale Business Park Jarin Residence Kannan Natarajan Residence Kho v Fung Forensics Kingswood North La Mirabelle Lakeside Garden Grove HOA Lakeside Village HOA Las Palmas Las Ventanas HOA Lassen Townhomes HOA Leisure Village Leonard Residence Liberty Canyon HOA 10

11 Design Build Associates Partial Project List 11

12 Design Build Associates Partial Project List Oakbrook Townhomes Old Orchard Condominiums Orange Grove HOA Pacifica Park Fallbrook Palm Hancock HOA Paoletti Residence Park Place HOA Park Place Villas HOA Park Purdue HOA Pelican Heights HOA Plaza Towers HOA Premiere Condo HOA Quail Meadows HOA Quail Meadows HOA Ralphs - La Jolla Rancho Los Charcos Rancho Madera HOA Reylek v Malibu Villas San Jose Gardens HOA Santa Monica 6 Units Saugus Avenue HOA Saugus HOA Scenic Hills HOA Sea Colony II HOA Seminole Springs MHP Shadow Oaks HOA Shadow Ridge Oak Park HOA Shoreham Villas HOA Sommerset CitiHomes HOA Spanish Golf Villas II HOA Sports Harbor Springwood Condominium Association St. Augustine Priory Stanley House Steeplechase HOA Stonecrest HOA Stratford Terrace HOA Summerplace HOA Surfside III HOA Sweasy Residence Sycamore Creek HOA Tallal Residence Tami Lynn Residence Tarzana Court HOA The Bluffs 1 HOA The Colony at Westwood HOA The Fairways HOA The Oaks of Calabasas HOA The Woodlands HOA Third Street Condominiums Topanga North HOA Tower Oncology Track 3141 HOA Tres Robles II HOA Tyler Townhomes Valencia Lakeshore HOA Valle Vista HOA Varsity Park Village HOA Varsity Park Villas HOA Ventura Seaview Hills HOA Villa Saticoy HOA Village Northridge HOA Village Palos Verdes HOA VIP Barrington HOA VIP Barrington HOA Vista del Cañon HOA Vista Valencia HOA Walski Residence Warner Woodlands HOA Warner Village HOA Warner West HOA Warner Woodlands II HOA Westlake Colony HOA Westlake Pointe Westshore HOA Westwood Glen HOA Wildwood Township I HOA Willow Creek HOA Wilmington Woodworks Wilshire Chandler HOA Winograd Residence Woodland Village HOA 12

13 Agenda for this Evening s Meeting: Introductions Design Build Associates Who we are Current Status of the Project Findings Project Financials Questions from homeowners 13

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15 Current status of the project - Work completed to date: Met with the Board several times. Inspected the property several times. Completed environmental testing. Identified complete scope of work for repairs. Met with Contractors at the site. Obtained multiple bids for all work items. Presented Contractor proposals to the Board. Recommended Contractor to the Board. Prepared and executed a contract for 9 buildings. 15

16 Agenda for this Evening s Meeting: Introductions Design Build Associates Who we are Current Status of the Project Findings Project Financials Questions from homeowners 16

17 Hollow Hills Greens South HOA Simi Valley, CA Hollow Hills Findings 17

18 Exposed fiberglass and numerous old patches 18

19 Worn roof materials and failing repairs 19

20 Missing and worn materials 20

21 Missing and worn materials 21

22 Missing and worn materials 22

23 Failing repair and worn materials 23

24 Worn materials and holes from the satellite dish installation 24

25 Holes in roof from satellite dish installation 25

26 Worn materials and holes from the satellite dish installation 26

27 Numerous failing repairs and worn materials 27

28 Agenda for this Evening s Meeting: Introductions Design Build Associates Who we are Current Status of the Project Findings Project Financials Questions from homeowners 28

29 Brief Association Financial Background Roofing Project Total roofing project $932, Total roofing costs approved through 6/30/18 $191, Remaining balance for roofing costs $740,

30 Brief Association Financial Background Other Large Reserve Projects in next 3 years Painting stucco, wood, fencing $250,000 Wood repairs for painting $50,000 Tree maintenance $15,000 TOTAL $315,000 30

31 Brief Association Financial Background Reserve Account Balance Projected Reserve account balance at 6/30/18 $52,461 Current annual reserve account contributions $77,621 31

32 Three Potential Funding Sources For Roofing Project Continued 1. Special Assessment Lump Sum Payment $12, Special Assessment with a Loan Payment Option Special Assessment Loan Participation Per Home Cost Monthly Cost $12, OR 10 year Loan $16, $ Special Assessment with a No Loan Payment Option 12 consecutive monthly $1,

33 Other Potential Funding Sources For Roofing Project Increase monthly assessments 20% yearly Assessment Increase Monthly increase Monthly Assessment 07/01/18 $55.00 $ /01/19 $66.00 $ /01/20 $79.20 $ /01/21 $95.04 $ /01/22 $ $

34 Agenda for this Evening s Meeting: Introductions Design Build Associates Who we are Current Status of the Project Findings Project Financials Questions from homeowners 34

35 Design Build Associates Website Website: (go to Client Access page) User Name: HollowHills (case sensitive) Password: Roofs123 35

36 Our mission is to provide exceptional construction management services with professionalism, integrity and excellence, leading our clients with experience and sound judgment. Corporate Office 5655 Lindero Canyon Road Suite 321 Westlake Village, CA Orange County Office 15 Corporate Park, Irvine, CA License No

ZIP Codes/Territories In Numerical Order By ZIP Code ZIP Code. ZIP Code

ZIP Codes/Territories In Numerical Order By ZIP Code ZIP Code. ZIP Code CODES 90001-90080 s/territories In Numerical Order By 90001 LOS ANGELES 111 90041 LOS ANGELES 101 90002 LOS ANGELES 111 90042 LOS ANGELES 109 90003 LOS ANGELES 111 90043 LOS ANGELES 115 90004 LOS ANGELES