Board members serve two year terms. Four members are up for election during odd numbered years with three members up for election in even numbered years.
Board of Directors Information
The Watergate Community Association has a seven member Board of Directors. The Board of Directors normally meets on the second to the last Monday of each month at 7:00 p.m. in the Clipper Club. Members are encouraged to attend the meetings and participate. Notices of the meetings are posted in advance of each meeting in all 27 building lobbies, six laundry rooms, Clipper Club and the Watergate website.
Your duly-elected Board of Directors are fiduciaries, and are obligated by law to responsibly, effectively and sufficiently protect, maintain, and enhance the common property enjoyed by all Watergate members and their guests. Please see the renovations page for more information. The WCA Annual Meeting is held in November each year. Owners are notified in October regarding the location, date and time of the meeting. Elections to the WCA Board of Directors are conducted at this time. You will find that the Annual Meeting is a good time to catch up on all the latest news regarding your community.
After conducting two open session budget meetings with the Finance Committee and management, the Board of Directors adopted the 2010/2011 Pro Forma Operating Budget at the April 19, 2010 regular session board meeting.A summary of the final approved budget, which takes effect July 1, 2010, is distributed to all members of record and becomes the basis for setting the annual assessment to each property owner.
Accordingly, the Board of Directors hereby notifies the members of the Watergate Community Association that there will be a 2% increase to your annual assessment effective July 1, 2010.
Watergate management and staff will continue to manage daily operations and major replacement and renovation projects in a cost-effective manner. Savings in labor, insurance (risk management) and natural gas costs are offset by increases in cable television, garbage, electric and bad debt expenses.
The two major replacement projects scheduled to commence during the upcoming fiscal year are common area renovations and building fire suppression. These projects are intended to enhance your living environment and protect people and property.
All of the major projects noted in the current reserve study will be funded from annual regular assessments.No special assessments are planned or contemplated by the Board of Directors at this time.
Committee Information
Watergate committees play an important role in your community. The two standing committees are Finance and Architectural Control. Only owners are allowed to join a standing committee. The other committees that accept both owners and renters are: Landscape, Common Area Renovations and Signs, Emergency Preparedness, Renewable Energy and Elections.
If you would like to join a committee, please submit a resume along with the committee application to the WCA office. Please review the WCA Guidelines for Committees before submitting your application.
