Budget Deliberations
Vol. 54 No. 13
Saturday, March 30, 2019
$1.25
First New Modernized Elevator in Bld. 11B Completed
Linda Berk
President’s Message
President
The Board of Directors is currently in the process of evaluating the 2019-2021 Budget presented by Management for our vote. One good thing about the budget is that we have enough money to meet our operational needs and, concurrently, we have been able to save operational money over the past few years. What we are deliberating is the balance of what we need to repair and upgrade on our five-year capital project list to repair and restore our aging infrastructure and neglected projects from the past. For these needs, we have a shortfall. The Power of Strong Finances The Board is systematically and thoroughly
Thirteen Pick Up Petitions to Run forDeadline the Board of Directors for submission is April 8 (Continued on page 2)
(L-R) Director Sonia Feliciano, Director Bernard Cylich, Riverbay Executive GM Bob Klehammer, Riverbay GM Noel Ellison, Champion Elevator President of Modernization/Construction Robert Masterson, Board President Linda Berk and Director Rod Saunders were on hand for the unveiling and ribbon cutting of the new, modernized elevator in Building 11B, on Thur., March 28. (See full story on page 9) Photo by Ralph Henriquez
Thirteen shareholders picked up qualifying petition packages this week for the annual election of the Riverbay Board of Directors which will take place on Wednesday, May 22. The petition period for those who hope to qualify as candidates began this past Monday, March 25, and will conclude at 5 p.m. on Monday, April 8, when all signed petitions are due back to the Riverbay Legal Department, located in the administrative building at 2049 Bartow Avenue, Bronx, N.Y. This year, shareholders will be voting to fill five open seats for three-year terms on the Board, as well as for a sixth place candidate who will complete the remaining two years of the term of a director who was removed from the Board. The six vacant seats on the Board result (Continued on page 4) BY ROZAAN BOONE
REMINDER
Community Board #10 Housing & Zoning Committee To Observe Presentation on 801 Co-op City Blvd., Apr. 9 Co-op City shareholders who would like to hear a presentation by the developers of the property at 801 Co-op City Boulevard are encouraged to attend a meeting of Community Board #10’s Housing and Zoning Committee on Tuesday, April 9.
(Continued on page 2)
DRIE Enrollment Apr. 8 in Co-op City
The New York City Department of Finance (DOF) will hold a Disability Rent Increase Exemption (DRIE) enrollment event in Co-op City on Monday, April 8, from 1 p.m. to 3 p.m. in room 28 in the Bartow Center. Eligible shareholders interested in learning more about the DRIE program or who would like to apply for benefits are urged to show up to the event. According to Mr. Michael Sharpe, a Bronx outreach liaison with the DOF, who was referred to Riverbay’s Finance department by Board Director Claudia Sampson, said that the DOF administers the DRIE benefit program for all eligible persons in New York City. “One (Continued on page 9)
BY TORIEA MCCAUSELAND
Captain of the 45th Precinct Emphasizes Police-Community Relations Deploys Additional NYPD Resources To Co-op City
“You are the faces of the franchise.” That is the mantra of Captain Thomas Fraser, the new captain of the 45th Precinct which encompasses Co-op City, and it is a message that he reinforces with his officers to emphasize
BY ROZAAN BOONE
that what they do while out on patrol reflects back not only on the local precinct, but on the New York City Police Department (NYPD). “It’s the officers in the field, helping people, getting things done and keeping (Continued on page 8)
Capt. Thomas Fraser