Resident Manager's Report
June 2006
We have another bid for asphalt from C.A.S.I.
Two bids for tree trimming, one from Davey Tree for # 85's cottonwood at $600 and one from Magnolia Tree for $395. Also Magnolia Tree gave a bid to remove the ash in # 155 for $340 plus $140 to grind and remove stump. Both tree companies commented there would be a crime to remove that tree. Magnolia Tree suggested pruning the tree at a cost of $105. We also have a bid for a tree at the back of the lot # 65 to remove dead wood one inch and larger for $160. Diamond tree bid pending.
One big branch removed from the roof of #151 by Enzo.
There have been two noise complaints this month.
We've had numerous complaints regarding dog in car and barking dog which was visiting one of our residents. Sandy talked with the resident and dog has been removed.
There've been four calls regarding sewer problems, Garvin's was called for two of these, both required the cleaning of the complete line at of cost of $1000. Enzo took care of the other two.
Two complaints received regarding Woodland Park residents parking in front of # 35B.
Syringe was found in front of one home, police was called. They took the syringe but felt it was too old to study contents.
We received a complaint regarding weeds and tall grass causing allergies for one resident. Thistle has been removed and letter was sent to the resident.
Speed bumps: The Transportation Department strongly recommends that we post warning signs.
Unwanted Appliances was called to remove refrigerator from North dumpster.
Flowers mysteriously appeared in the box on the South side of laundry.
Middle aged thin male on bike harassing people in the park, making racial comments.
June 26, 2006
RE: Mapleton Mobile Home Park, May 2006 Financial Report
Financial Outline
Scheduled Rental: $ 44,719.00 Net Operating Income: $ 7,804.35
Total Income: $43,489.98 Total Operating Expense: $ 35,685.63
Net Income; $ 7,804.35
Total Liabilities and Capital $186,891.16 Total Lots 135
Summary of Operations
Enclosed is the May 2006 financial statement. Budgeted Rental Income was $45,211.00. The amount collected this month was $44,719.00. Actual Collection loss was ($3,794.00). Total Operating Income for the month of was $43,889.98, which was $2,586.02 less than budgeted due to collection loss, vacancy loss, late fees, and net prepaids. The May operating expenses were $35,685.63, which was $2,666.63 more than budgeted due to taxes, legal fees, copying expense, water, and trash service, and the land trust fee.
The Net Operating Income for May was $7,804.35. Cash on hand was $159,578.42. Security Deposit reserve is $27,312.74. As of May 31, 2006 were 15 residents with past due amounts. The total amount owed on these accounts $32,020.72. Of these accounts 5 have balances of $1000.00 or more that are 90 days past due over 90 days is $15,891.00. This balance includes three residents whose rent structure is in dispute.
At this time, there are 5 vacant lots, one administrative unit and one unit occupied by the resident manager. All of these units are included in Total Lots of 135.