ASSOCIATION MANAGEMENT SERVICES INCLUDINGTimely response to all inquiries and requests from ownersLiaison between Board, owners and others Preparation of agenda and background information for, and attendance at Board and Owners meetingsPreparation and distribution of meeting minutes Preparation of monthly report to summarize property activitiesRegular and on-going vendor contract review to insure best services and highest cost effectiveness Property review to outline potential areas of cost savings as well as enhanced owner experience opportunitiesAssistance in risk analysis type review and insurance policy oversight Assistance in drafting of annual budget and annual review of capital reserve needs Inspections and subsequent follow up to insure compliance with governing documentsAssistance with Owner hearings, fines, etc…Cost/benefit analysis for improvementsIndividualized recommendations from historic association management experienceCoordination of community website hosting, design and technical support (if desired) Regular Board Member training opportunitiesCoordination and supervision of the maintenance and repair of all Common Elements of the property Solicitation and comparison of bids for ongoing maintenance work and special projectsTwenty-four hour emergency services available to Association and to all homeowners. Review and recommendation of preventative maintenance Regular inspections of the property’s Common Elements.Observance of GAAP in all accounting procedures Collection of all assessments and/or other payments by owners.Accounts payable approval process to insure acceptable completion of all association-related work Preparation and disbursement of monthly financial reports to all Board Members for approvalCoordination of legal process pertaining to the collection of assessments, as needed Facilitate performance of annual audit by independent auditor chosen by the Board