Re: Vaux 132 Insurance Claim - Updated Docs - 219

[Joe Mack]

Did we put this on the agenda?

On Tue, Jun 16, 2026 at 4:32 PM Amanda Drake (Vaux Condominium) <va...@kinliving.com> wrote:

Hi Board,

Here is the updated estimate for the insurance claim.

It increased by $1,151 due to the flooring selection, see below:

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• Vaux 132 Charter RES_THE_VAUX_132_FINAL_DRAFT_CON (1).pdf
• Vaux 132 MIT EST updated.pdf

 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  Conversation ID: a82812d9-69db-11f1-aeb0-f440e6953670 a82812d9-69db-11f1-aeb0-f440e6953670 16faf8f

[wor...@finitearts.com]

This month’s  agenda has provision near the top to add an item if we so wish.   — Hal

 

From: vauxof...@googlegroups.com <vauxof...@googlegroups.com> On Behalf Of Joe Mack
Sent: Tuesday, June 16, 2026 4:34 PM
To: Vaux Condominium <va...@kinliving.com>; vauxof...@googlegroups.com
Subject: Re: Vaux 132 Insurance Claim - Updated Docs - 219

 

Did we put this on the agenda?

On Tue, Jun 16, 2026 at 4:32 PM Amanda Drake (Vaux Condominium) <va...@kinliving.com> wrote:

Hi Board,

 

Here is the updated estimate for the insurance claim.

It increased by $1,151 due to the flooring selection, see below:

 

 

 

 

 

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• Vaux 132 Charter RES_THE_VAUX_132_FINAL_DRAFT_CON (1).pdf
• Vaux 132 MIT EST updated.pdf

 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  Conversation ID: a82812d9-69db-11f1-aeb0-f440e6953670 a82812d9-69db-11f1-aeb0-f440e6953670 16faf8f

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Officers of The Vaux
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[Joe Mack]

Might be a good add

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[Tim Ackley]

I do not understand this issue. I am weak in this area. I would like an opinion rendered by an insurance expert, maybe Vern.

Are we actually going to file an insurance claim under our master policy? I have heard it said more than once that no common infrastructure was damaged. 

Why should we need to file if an owner caused the leak (i.e., was negligent)? Shouldn't the owner file an insurance claim with their insurance company?

When was the last time the Vaux filed a claim against our master policy? What is our history of filing claims (e.g., how many; how often)? A history of claims may jeopardize our current $25,000 deductible.

Restoration work: Regardless of a decision on insurance, I support the work being done by a company overseen by Kin and billed to Kin, not an owner. Mitigation & restoration work is usually completed well before insurance proceeds are received. Owners need to return to their units. Insurance companies need the total actual amount before they will render a decision about the amount to be paid to policy holders.

Accounting: Kin should process and pay invoices approved by the board and collect the accumulated amount in a receivable account on the books. The receivable should be cleared to zero when insurance proceeds and/or owner payments have been received and credited to the receivable account.

Tim

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Tim Ackley

2335 NW Raleigh Street Unit 139

Portland, Oregon 97210

 

Cell: 480-694-7059

Email: tim.ack...@gmail.com

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[Joe Mack]

I’m with you all the c’est in this

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[Paul Block]

I am with Joe.  And my only comment is that any damage generated from a unit owner's unit is the responsibility of the unit owner.  Until I am explained a different set of circumstances, this damage is all on the owner.

-paul

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