Funding Your Next Major Project

By mot y J. Havilv land, C CACMC , an m unity Ad

By Timo hy Comm

dvantag nd Antht ony D ge, a Wintrus Coust C mpan

Distter M A, ny

r, CMCA The Costs & Benefits of an Association Loan

During the 1970’s, the weekly news television show 60 Minutes introduced a Point / Counterpoint debate segment in which journalist Shana Alexander provided a liberal point of view on a controversial topic against conservative James Kilpatrick. The show’s popularity led to a parody skit on Saturday Night Live with Jane Curtin providing one point of view opposite conservative Dan Aykroyd. When it comes to people’s homes and money, the debates can often become heated. In an effort to keep the discussion at board meetings from taking on the decorum of the latter, it is important to consider the options available to an association when planning for its next common element repair project.

46 | COMMON INTEREST® A Publication of CAI-Illinois Chapter