HOA Board Meeting 2/10/2026
Present: Brent Anderson, Scott Ingham, Sean Carlson, Jean Stephenson
Reviewed and approved contract with Sean Carlson and new management agency Astoria Management.
Directory of owners will be updated for contact information.
Insurance policy with State Farm is being renewed and updated. As of March 13, 2026 the deductible under the Association’s Master Policy will increase from $10,000 to $50,000. Owners encouraged to contact their personal insurance to confirm adequate coverage related to the change in Association’s $50,000 master deductible. (See attached). HOA board has unanimously approved this change of insurance.
Roof repair has started and should be completed by middle of March.
Now that we have met this expense, goal is again build up reserve account.
Sean met with elevator inspector on Monday.
Touch up painting to be scheduled in common areas.
Annual meeting is scheduled via Zoom for March 18 @ 6:00pm.
Board will meet again on March 10 at 4pm.
Anyone interested is encouraged to look at the club website. Minutes and other information are posted there.
(Theclubhoa.com) com)
Respectfully submitted,
Jean Stephenson
Sean Carlson asterapmsc@gmail.com 801-856-1871
Scott Ingham swi@xmission.com 801-243-9999
Brent Anderson ab.anderson01@gmail.com 801-694-8808
Jean Stephenson. JLS1113@aol.com 385-552-4217
Dear Club Homeowners,
The Board of Directors is writing to formally notify you of an important update to The
Club’s Master Insurance Policy issued through State Farm.
Effective March 13, 2026, the deductible under the Association’s Master Policy will
increase from $10,000 to $50,000.
After extensive review of renewal options and consultation with the Association’s
insurance professionals, the Board approved this adjustment in response to continued
increases in property insurance costs affecting condominium associations throughout
Utah. This change reduces the Association’s annual premium expense and meaningfully
offsets rising insurance costs, helping preserve operating funds and limit the need for
future assessment increases.
In making this decision, the Board evaluated available coverage structures, deductible
alternatives, and overall policy limits — including coverage for catastrophic perils such
as earthquake — and determined that the current program represents a prudent and
commercially reasonable balance between risk retention and premium cost based on
information available at the time of renewal. Insurance decisions necessarily involve
judgment and market conditions that are outside the Association’s control, and coverage
limits are subject to valuation assumptions, policy terms, and evolving construction costs.
The Board will continue to review coverage annually in consultation with its advisors to
ensure the Association’s insurance program remains appropriate for the property and
prevailing market conditions.
What This Means for Homeowners
In the event of a covered loss, the Association’s Master Policy will respond once the
$50,000 deductible has been satisfied. After that threshold, the policy provides coverage
for building components, common elements, and other property as defined in the
Association’s governing documents.
Depending on the nature, cause, and location of a loss, a homeowner may be responsible
for all or a portion of the deductible. Any allocation of deductible responsibility will be
determined in accordance with the Association’s Declaration, Bylaws, and governing
documents.
Action Recommended
The Board strongly encourages every homeowner to contact their personal insurance
agent promptly to review their HO-6 (Condominium Unit Owners) policy. Specifically,
you should request that your agent:
• Review your Coverage A – Building Property limits
• Review your Loss Assessment coverage
• Confirm your policy adequately addresses potential exposure related to the
Association’s $50,000 master deductible
• Ensure any necessary updates are effective no later than March 13, 2026
Maintaining appropriate individual coverage is essential to protecting yourself from
unexpected out-of-pocket expenses in the event of a claim.
If you have questions regarding the master policy change, please contact Association
Management. For advice regarding your individual coverage, please consult your
insurance professional.
Thank you for your prompt attention to this important matter and for your continued
support of the Association.
Sincerely,
Board of Directors
The Club Homeowners Association