Jeff Johnson, Minnesota Real Estate Journal
Andrew Gittleman, FirstService Residential – Emcee/Moderator
8:00 am
Structural Integrity of Buildings
Mark Chauvin – Wiss, Janney, Elstner
Brian Erickson – Pie Consulting & Engineering
Kent Jones – Encompass
Daniel Murphy – Meyer Borgman and Johnson
Building Construction; Wood Frame, Joist/Beam and Concrete/Steel
Different Types of Inspections; Visual/ Destructive/Core Sampling
Major Building Components; Parking Ramp, Building Envelope, Decks/Railings, Roofs and Swimming Pools
9:00 am
Replacement Reserve Plans, Maintenance Plans and Loans
Andrew Ahrensdorf – FirstService Financial
Curt Isernhagen – Encompass
Todd Walter – Reserve Advisors
Statutory Requirements Under Minn. Stat. Chp. 515 B
Reserve Plans: Whether to Fully Funded or Not; Special Assessments; Limited Common Elements
Use of Building Experts To Develop a Meaningful Maintenance Plan
Preventative Maintenance Plans; What is Required and Different Types of Plans
Impact of Deferring Capital Projects; More Damage, Safety Considerations and Increased Costs
Funding Options; Dues, Special Assessments and Loans
10:00 am
Insurance
Sean Kent – FirstService Financial
Jeffrey Mayhew – American Family Insurance
Eric Skarnes – Insurance Warehouse
State of the Insurance Market In Minnesota
Who Are the Major Carriers in the Twin Cities Market at This Time?
How is the Industry Changing?
Building Coverage; Bare Walls, Original Spec and All In
Different Types of Policies; Property, Liability, D&O, Umbrellas, Cyber, Workers Comp
Policy Deductibles; Per Occurrence or Per Unit
Personal Insurance Policies (HO6); Loss Assessment Coverage
11:00 am
Legal Issues: Avoiding Board Member Liability
Einar Hanson – Strobel & Hanson
Dave Hellmuth – Hellmuth & Johnson
Brenda Sauro – Sauro & Bergstrom
Standard of Care and Protections: The Nonprofit Corporation Act, Common Law and Insurance
- Safe Harbors for Fiduciary Duties
- Qualified Immunity
- Statutory Indemnification
- Business Judgement Rule
- Directors and Officers Insurance
Specific Problem Areas:
- Establishing and Implementing Building Maintenance Plans
- Best Practices for Implementing Large Capital Projects
- Resale Disclosure Requirements: What Needs to be Disclosed and When