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Co-op City Times 07/20/2024

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Board of Directors Election Extended to Friday, July 26, 2024. Please return your election ballot TODAY!

Vol. 59 No. 29

Riverbay Board Election

Saturday, July 20, 2024

Deadline for Third Extension of Riverbay Board is next Friday, July 26 43 Ballots Still Needed for Quorum

BY ROZAAN BOONE

After nine weeks of voting, YesElections has informed the 2024 Election Committee that 43 ballots are still needed to achieve this year’s quorum in the Riverbay Board of Directors election. As of press time yesterday, 4,992 ballots had been received – 2,125 paper and 2,867 electronic ballots. Until the quorum of 5,035 ballots is obtained, the election cannot be validated. The new voting deadline is one week away on Friday, July 26, at 9 p.m. In extending the Board election an additional two weeks for a total of 10 weeks of voting, the Riverbay Board approved Emergency Resolution 24-41 by a vote of 14-0, with one director absent, at a special meeting held on Wednesday, July 10. According to Emergency Resolution 24-41, the existing Rules of the 2024 Board election provide for a 4-week voting period which began on Monday, May (Continued on page 4)

Car Crashes Through Wall at Garage 8

See pages 6 and 17 for Board Resolutions

$1.25

Riverbay Corporation Fiscal Year 24/25 Budget Overview Management Report

Marvin L. Walton

Riverbay Executive General Manager The budget summary below (see page 2) gives a snapshot of Riverbay Corporation’s Budget vs. Actual performance for Fiscal Year 24/25 for period beginning April 01, 2024, and ending May 31, 2024. INCOME At the end of May 2024, actual carrying charges were slightly greater than anticipated by $31K. Other income was less than anticipated by 15% or $1.3 million. (Continued on page 2)

Grounds Department Plans for Summer and Beyond BY DANIELLE CRUZ

This spring, the Riverbay Grounds Department planted a variety of flowers like SunPatients, Geraniums, Coleus and Dahlias. Now, with summer in full swing and the flowers at full bloom, the Grounds department is looking forward to cultivating the multitude of vibrant flower beds they have planted across Co-op City.

On Tuesday, July 16, at approximately 6:38 p.m., a vehicle crashed into a wall in Garage 8. According to the Parking and Leasing Department, the accident occurred in Section 4D of the garage. The driver of the vehicle was transported to a local hospital. A tow truck was called to remove the vehicle from the site and emergency maintenance was done to cover the hole with plywood and a metal barricade. The garage remains in normal operation. Photos by Brandon Ortiz and Parking Department

Photo by Brandon Ortiz

This summer, the Grounds department can be seen all over the community, taking care of the gardens, weeding out the flower beds, watering the grounds and cutting hedges. The Grounds department also works to make sure that the walkways and sidewalks are free from weeds that grow through the cracks and pavers. “There’s no time to rest, because as soon as you plant, you got to maintain, you got hedges to cut, you got the grass to cut. There’s a lot. Right now, we’re out of spring and we are focused on maintaining all the work that we did in the springtime,” said Michael Ambo, director, Riverbay Grounds department. The Grounds department is also continuing their work on creating borders around the gardens with bricks or stones. This will not only enhance the look of the gardens, but also prevent the soil from washing away from those gardens and prevent erosion. (Continued on page 12)


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Co-op City Times 07/20/2024 by Co-op City Times - Issuu