Roundup Report
Important Note – The Meeting Roundup Report is provided as a courtesy for Owners to review business the Board considered and conducted at a meeting. This is not intended to replace actual meeting minutes. Minutes for each Board Meeting are typically drafted after that meeting and approved at the next regularly scheduled meeting. Then they are posted in the PT Condo Online Library and otherwise available upon request from the Management Office.
6:30PM – CLOSED SESSION
The Board met to discuss rule violations, pending litigation, Unit Owner account issues and personnel matters.
7:30PM – OWNER FORUM
The Board of Directors and management welcomed and addressed feedback and questions from Unit Owners.
OPEN SESSION CALL TO ORDER – Confirm Quorum
Board President Michael Parrie, called the meeting to order at 7:59pm and confirmed a quorum of Board Members is present.
Present from the Board of Directors was Michael Parrie, Monique Fouant, Sheridan Hodges, Sheldon Atovsky and Lloyd Allison.
Present from Management was Property Supervisor with Habitat Company Tricia Conway, General Manager Tim Patricio, and Assistant Managers Danny Bravman and Scott Turton.
Commission Reports
ASCO Liaison Sheridan Hodges reported on the most recent ASCO meeting where a new proposal includes a 600 unit 3 structure development for the Emmanuel Congregation.
Social Commission Acting Chair Sheldon Atovsky the upcoming movie night on May 16th at 6:45pm in the party room, and preliminary planning for this years annual Independence Day Picnic. Their next meeting will be May 21st via ZOOM, at 5:30pm. Join their e-mail group for more, and be included on news and announcements for other coming events – just send a request to: ptcasocial@rcn.com.
To review and download the Commission’s most recent report, Click Here.
Health Club Liaison Monique Fouant reported the Commission is working on ideas for use of the racquetball court, and a potential survey.
To review and download the Commission’s most recent report, Click Here.
Home Improvement Liaison Michael Parrie reported the next meeting is expected May 18th at 6pm in the Party Room.
To review and download the Commission’s most recent report, Click Here.
Board Report
On behalf of the Board, Michael Parrie reminded owners we have a garage power wash on Monday, May 18th thru Thursday May 21st, and parkers to please move their car or have someone move it for them on the designated day(s).
He stated it is the beginning of election season for Park Tower. Meet the candidates night is Wednesday, June 3rd at 7pm. Please be sure to turn in your proxy before the June 8th Annual Meeting, or fill out a ballot at that meeting, in order to ensure we meet the 20% quorum and avoid a costly new election.
Also, on behalf of the Board he thanked pool attendant David Kazarian for his 19 years of service as a health club attendant. The board wishes him well in his retirement!
Action Items
After a motion by Michael Parrie, seconded by Lloyd Allison, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to deny a Unit Owner’s request to waive fees related to the new residents’ meeting requirement.
After a motion by Michael Parrie, seconded by Sheldon Atovsky, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to fine 4 Unit Owners $100 for not having proof of insurance, and may double thereafter for each subsequent month, up to a maximum fine of $1,000, until adequate proof of insurance is provided.
After a motion by Michael Parrie, seconded by Lloyd Allison, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to fine 4 Unit Owners $50 for not attending the new residents meeting, which may double thereafter for each subsequent month, up to a maximum fine of $200, until attendance to the meeting is satisfied.
After a motion by Michael Parrie, seconded by Sheridan Hodges, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to fine a unit owner $100 for elevator misuse, with a warning that repeated occurrences may result in the fine doubling.
After a motion by Michael Parrie, seconded by Monique Fouant, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to fine a unit owner $500 for a construction violation, with a warning that repeated occurrences may result in the fine doubling.
After a motion by Michael Parrie, seconded by Sheldon Atovsky, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to fine a unit owner $250 for unlawful behavior, $150 for misuse of a passenger elevator and $100 for a luggage cart violation.
After a motion by Michael Parrie, seconded by Monique Fouant, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to fine a unit owner $100 for an unauthorized dog, which may double for future occurrences.
After a motion by Michael Parrie, seconded by Sheridan Hodges, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to fine a unit owner $500 for unit safety violation and unauthorized common element alteration, which may double for future occurrences.
After a motion by Michael Parrie, seconded by Monique Fouant, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to fine a unit owner $100 for two unauthorized guests in the Health Club, which may double for future occurrences.
After a motion by Michael Parrie, seconded by Lloyd Allison, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to deny a Unit Owner’s request for a hardship leasing policy exception.
After a motion by Michael Parrie, seconded by Monique Fouant, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to direct management to charge any owner who requests an appointment outside of the dedicated vent cleaning time the rate as billed by the outside contractor.
After a motion by Michael Parrie, seconded by Lloyd Allison, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to approve two requests for assistance animals as recommended by the Association’s legal counsel, and to deny 2 unit owners’ requests for an assistance animal, as recommended by the Board attorney, but approves the applications if new information is submitted and subsequently approved by the Board attorney.
After a motion by Michael Parrie, seconded by Sheldon Atovsky, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to allow monthly cell phone reimbursement consistent with State of Illinois law for this month moving forward.
After a motion by Sheldon Atovsky, seconded by Lloyd Allison, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to approve the minutes from the Board Meeting held on April 13, 2026.
To review and download the approved minutes, Click Here.
After a motion by Monique Fouant, seconded by Lloyd Allison, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to approve the 22.1 disclosure as drafted with the best available information through March 2026.
Management was directed to mail the notice as drafted, and as planned.
After a motion by Michael Parrie, seconded by Monique Fouant, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to approve the purchase of 2nd Floor Deck and Health Club furniture by Tropitone, as recommended by the Health Club and Home Improvement Commissions, and proposed by Wendy Liss & Co. for the deck at a cost not to exceed $28,300, and for the 2nd Floor deck at an estimated cost of $17,661.29 for the Health Club, to be funded by the reserve fund.
After a motion by Monique Fouant, seconded by Sheldon Atovsky, and discussion, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to approve the installation of an automatic door opener for the cardio room door as proposed by Tee Jay Service Company at an expense of $4149, with additional work by Dunning Electrical Services at an expense of $2250, and by S&P Integrated Solutions at an expense of $340, to be funded by the operating fund.
After a motion by Michael Parrie, seconded by Lloyd Allison, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to approve the remodeling plans for units 505, 711, 1907, and 4506 as submitted by the unit owner, following the recommendations of the chief engineer as outlined in their written specifications and in accordance with the Rules and Regulations and remodeling guidelines of the Park Tower Condo Association.
After a motion by Michael Parrie, seconded by Monique Fouant, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to appoint Unit Owner Kevin DePhillips, Unit 1503, to the Rules and Regulations Commission.
Business Reports
Treasurer’s Report
Board Treasurer Lloyd Allison reviewed details from the most recent financial reports, for the period March 2026, as reported by the Habitat Company.
Fund Balances End of March 2026
Operating assets totaled $1,727,943 and the Reserve cash and investments were $5,959,614 for a total of cash and investments of $7,687,557.
March 2026 Revenue and Expenses
Total Operating Revenue: $707,365
Total Operating Expenses: $678,640
Income (Loss) From Garage: $33,346
Contribution To Reserve: $176,062
Total Surplus/(Deficit): ($113,987)
Management Report
Property Manager Tim Patricio reviewed recent activity and current business of interest.
ADJOURNMENT
There being no further business, after a motion by Lloyd Allison, seconded by Monique Fouant, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to approve adjourning the May 11, 2026, Board Meeting at 8:22pm.
OWNER FORUM
The Board of Directors and Management welcomed and addressed feedback and questions from Unit Owners.
The next regular Board Meeting is expected for Monday June 8th, following the Park Tower Condo Association 2026 Annual Meeting of the Unit Owners. All such meetings are held in the 2nd Floor Party Room unless otherwise posted.
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