Thursday, January 31, 2008

2A Gate is out of order, starting Thursday, Jan. 31, 2008!

Attention Residents

CAUTION

The (2A) GATE will be out of order, for a minimum of 6-8 weeks. This will give an approximate time frame of around the end of March, for when the door will be fixed. But until that time, we all must wait until the new door comes in! We appreciate your patience, in the matter stated above.

Thank You,
Management

Wednesday, January 23, 2008

Auction of Annual Leases for (9) Parking Stalls--Final Reminder Notice for Thursday, Jan. 31, 2008!

We’re getting down to the wire…

on receiving the Open Bids on Auction of Annual Leases for (9) Parking Stalls from (1) to (5) Years----Located as you drive up to the circular driveway, to Nauru Tower’s front entrance.

Deadline for Receiving Bids on these Prime Locations:
Noon, Thursday, January 31, 2008!


Bids are to be delivered to the Nauru Tower Management Office by 12 P.M. noon, on Thursday, Jan. 31, 2008! Simply bring down to Ginger, in the front office. Please address all bids to, “ATTN: Resident Manager,” with your 9% down payment, either in cash or check made out to “Nauru Tower AOAO.” This 9% will become your Security Deposit when you win the bid and your lease begins. Your Lease Agreement must be signed and the entire rent must be paid within 5 (five) working days.

Because the highest bids will be taken, on a per year basis, here is a breakdown of how the actual process of the bidding will work. Please see below for a sample scenario:

Say an individual puts in a one year’s bid for $12,000.00, for one stall. Say another individual puts in a five years’ bid for one stall, and they will pay $60,000.00, which gives a year’s breakdown of $12,000.00 PER YEAR. This particular scenario puts both of these two individuals virtually on the same exact playing field. Assuming there is no other space available, in order to get the stall, someone will have to raise their bid, on a per year basis.

So say the individual that puts in a one year’s bid raises it by a thousand, thus giving a new annual total of $13,000.00, and the other individual chose not to raise his/her bid. Well, obviously the one with the HIGHER ANNUAL BID wins the stall!

Now take it from the other side:

Say just the opposite happened and the individual who put in the five years’ bid raised his bid and the other one didn’t. Well, how greater for that person! Why? Because he will have LOCKED IN HIS RATE for those five years without having an increase every year!

So any person who bids on a one year’s basis, that’s fine, but if you still want that stall for longer than one year, you may run the risk of losing it to someone who will bid even higher than what you may have initially got for when your year expires.

Let the games begin…….

Friday, January 18, 2008

Draft Minutes of the 1/8/08 Board Meeting!

Draft Minutes of the Board of Directors' Meeting of January 8, 2008 have been posted on the Nauru Tower web site and can be viewed at

http://www.naurutowernews.com

Monday, January 14, 2008

Nauru Tower News, Jan. 2008, Edition 2

A High Tech View

Hallo, sprechen Sie deutsch? If not, that’s okay. Please let me introduce you to a German made invention called Huper Optik. It is a high tech ceramic window film tint that has at least already found its way in over 80 Nauru Tower units. And, of course, it has already been Board approved.

Did you know you have options to help curb rising energy costs, use less of your air conditioning, and reduce fading, heat, and glare, within your units? Simply contact Keith Kishi directly, from ACE Glass Tinting, at (808) 533-5555, for further detailed information. In fact, Keith said that all interested parties here at Nauru Tower will get an exclusive 20% discount.

The ceramic part of this product means that it will not rust or corrode over time. And because there are no dyes used, the film will NEVER discolor or turn purple. And if that’s not enough, because of the film’s low reflectivity and neutral tones, our building’s blue hue exterior will not be distorted in any way! Your beautiful unit views will not be compromised, but rather enhanced.

Oh, and Huper, the manufacturer, and ACE Glass Tinting have a lifetime warranty against any kind of peeling, bubbling, and fading. The facts speak for themselves, but the options are there if you choose.


Management Thanks You

We thank you for your prompt responses in coming by the front office to pick up your new Registration Forms. Of course, this process continues to be on-going, but for those of you who have already done it, you’ve given us a great start. We need your help and we appreciate your support to our cause. We will look forward to all of you who have yet to come by the office for these forms, and helping you personally.

Suggestions of Convenience

Well, it has been suggested from more than one that the front office try to incorporate some often utilized office conveniences such as a personal fax machine and document shredder. Management listened and, voila, there is now a fax machine all residents may use and a document shredder that can turn anything into mere paper dust, literally. Please come by the office, when you may have a need, and you can help yourself.

Window Cleaning

Come next month, in February, between the 11th - 15th, World Wide Window Cleaning will be here to clean all the outside windows. Please look for the notices to be posted soon.

Something New

When you come in to the front office, you will now notice that we have a new Employee Board with all Employees’ names and pictures. Get to know it, as they are, in essence, your extended Nauru Tower family. Come and sneak a peek.

Friday, January 4, 2008

Agenda for Board Meeting held on Tuesday, Jan. 8, 2008 at 6 p.m.

NAURU TOWER
BOARD OF DIRECTORS' MEETING
TUESDAY, JANUARY 8, 2008, 6:00 p.m. – ONSITE

A G E N D A


I. CALL TO ORDER

II. ESTABLISH A QUORUM

III. APPROVAL OF MINUTES
a. November 27, 2007 Board Meeting

IV. RESIDENT MANAGER’S REPORT

V. TREASURER’S REPORT
a. Financial Statement for November 2007

VI. COMMITTEE REPORTS
a. Administration & Personnel – Chair Robert Bosley
b. Budget and Finance – Chair Setsuko Hayakawa
c. Building and Grounds – Chair Chuck Heitzman
d. Legal and Rules – Chair Setsuko Hayakawa
e. Information and Communication – Gerald Greer

VII. UNFINISHED BUSINESS (Items a. through e. covered by Resident Manager)
a. Booster Pumps
b. Electrical & A/C Sub-metering
c. Security System Upgrade
d. Cooling Towers
e. Rust on Elevator Frames
f. Annual Meeting

VIII. NEW BUSINESS
a.

IX. OWNER’S CONCERNS

X. EXECUTIVE SESSION

XI. DATE, TIME AND PLACE OF NEXT MEETING

XII. ADJOURNMENT

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Notice for Board Meeting on Tuesday, Jan. 8, 2008 at 6 p.m.

____________
Hawaiiana Management Company, Ltd.
Pacific Park Plaza, Suite 700
711 Kapiolani Boulevard
Honolulu, Hawaii 96813
Tel: (808) 593-9100
Fax: (808) 593-6333
Internet: www.hawaiianagroup.com





NAURU TOWER

BOARD OF DIRECTORS' MEETING


The regularly scheduled meeting of the Board of Directors of Nauru Tower will be held on:


DATE: Tuesday, January 8, 2008

TIME: 6:00 p.m.

PLACE: Nauru Tower Lobby


If you are a Board member and unable to attend this meeting, please call 593-6369 and inform us accordingly.


BY CALL OF:

WIN STRAUBE .
PRESIDENT


BY:
______________________
Kevin D. Cole
Management Executive


WHENEVER PRACTICABLE, THIS NOTICE SHALL BE POSTED SEVENTY-TWO HOURS PRIOR TO THE MEETING (HRS 514B-125(d)).

#1100