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Change in Board of Directors

posted Jul 30, 2012, 7:35 AM by jon siragusa
Dear Residents of Colonial Court:

Michael Lapson has decided to step down from the board of directors for family reasons,
effective immediately.

During his nearly three years of board service, Michael has worked diligently and has had a hand
in all of our recent achievements. He has been instrumental in pushing us forward in crucial
areas, such as energy efficiency. Please join us in thanking Michael for his years of dedicated
service to our building’s betterment.

In Michael’s place, the remaining elected members of the board—Jon Siragusa, Richard Duarte
and Gregory Roth—have appointed Oded Oslander in Apt. 323 to serve out the remaining three
months of Michael’s term. Many of you know Oded, who has lived at Colonial Court for three
years with his wife Amanda and their daughter Noa. We look forward to making good use of his
energy and level-headed judgment.

On a temporary basis, the role of board president will be filled by the current vice president,
Gregory Roth, and the role of vice president will be filled by Jon Siragusa, who will continue to
serve as director of communications. Gregory said he will relinquish his role as president after
the board’s elections in November.

As many of you know, this year has been extraordinarily busy, with the start of our parapet
reconstruction project; the refinancing of our building’s underlying mortgage; the launch of our
new Web site,; the addition of a mid-year shareholders’ meeting; the winding
down of certain longstanding legal issues; the expansion of storage space; the installation of a
heat timer to enhance fuel-savings; the appointment of a new building attorney; an increased
financial commitment to our common garden, and many other areas.

Certainly, there are other major issues that need to be addressed, such as the inadequacy of the
laundry machines, the installation of a children’s playroom and the updating or our boiler to
comply with new NYC regulations. As we tackle these projects in coming months, we ask for
your patience, your suggestions, and if possible, your contributions of time.

We wish you an enjoyable remainder of summer.

The Board of Directors