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2014 Vision Awards Nominees - Financial Impact Award
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Financial Impact Award


Nominee Number - E1

Describe the accomplishment(s) related to the award category and include the activities that lead up to the accomplishment(s). Please include the actual and measurable results achieved.

After four years of roofing issues including leaks, bat infestations, sheets of roofing falling from the building and a concern from the city about the condition of the building, Nominee took it into her hands to find the funds for the Association. She began working with the City of Eden Prairie grant departments and HAIG grants and other options. The resources available failed either by a membership denial or not meeting grant guidelines. Nominee research and started the process of the first ever Housing Improvement Area in the City of Eden Prairie. She began obtaining bids, making reports and completing forms and paperwork for the city and to start obtaining Membership for approval. Finally after four plus years of hundreds of hours of time, energy and persistence, success was found. To make things a little harder, the property was damaged in a weather related storm on 8-6-2013. Once again, Nominee stepped up working with the city reducing the loan amount and meeting with contractors and the insurance company. The loan was reduced by $172,136.00 after Nominee disputed with the Master Policy Insurance Carrier increasing the claim from $89,384.00 up to 172,136.00.

What were the measurable benefits from this accomplishment? Examples include large capital improvements, savings to the association, etc. Please include any recognition you received from a board, homeowners, and developers, if applicable.

What were the measurable benefits from this accomplishment? The Association had a full renovation receiving new siding, roofs, gutters and gutter guards, screens, bat extermination, all exterior lighting, front doors and windows, garage doors, and asphalt. Savings to the Association include lower reserves needed, lower energy bills, lower insurance rates, and the owners did not have to pay for a $23,950.00 special assessment out of their pockets. The recognition the nominee received from the board, homeowners, and neighboring community is vast. The neighboring property walked over to Nominee while she was on one of her many visits to the property and after one meeting, the property signed a management contract with Priority One.

Was there anything about the accomplishment(s) that exceeded the normal course of everyday responsibilities/services?

Nominee visited the property up to three times a day answering questions, posting notices, and communicating with the contractor and the owners and making sure each detail was met per the full scope of work expected on almost every aspect of the property. While doing this, Nominee managed to keep up with the other properties in her portfolio and their needs.

Why does this individual deserve recognition? Please include any additional considerations.

The years of time and energy Nominee put into this property and striving towards a renovated property without a large special assessment to each owner was met. Nominee never stopped or gave up. She researched and completed many reports along the way without complaint.

Complete Judging Form for this Nominee


Nominee Number - E2

Describe the accomplishment(s) related to the award category and include the activities that lead up to the accomplishment(s). Please include the actual and measurable results achieved.

Nominee manages Company in Eden Priairie. In 2014 this association had two significant insurance losses. Lightning struck one unit and completely burned it. Then a significant storm event caused damage to substantial portions of each building in the association. Nominee handled both insurance claims without any apparent drama to the members, and the association has been fully (and timely) restored to look as though no damage even happened. Members are thrilled to have new exterior building components.

What were the measurable benefits from this accomplishment? Examples include large capital improvements, savings to the association, etc. Please include any recognition you received from a board, homeowners, and developers, if applicable.

Yes. Nominee obtained successful payout and utilization of insurance proceeds to ensure Weston Woods was restored after two significant insurance losses. Many building components were replaced throughout the association.

Was there anything about the accomplishment(s) that exceeded the normal course of everyday responsibilities/services?

These days it seems rare that an insurance claim is handled without drama and paid with sufficient funds to perform all the necessary repairs. It appears as though Nominee was able to pull this off twice in a year.

Why does this individual deserve recognition? Please include any additional considerations.

Nominee has been in the industry a long time. She brings a wealth of experience to the associations she manages. She competently handled two potentially difficult matters, just within Weston Woods, without appearing to break a sweat.

Complete Judging Form for this Nominee


Nominee Number - E3

Describe the accomplishment(s) related to the award category and include the activities that lead up to the accomplishment(s). Please include the actual and measurable results achieved.

Over the past 20 months Nominee worked closely with a team of professionals to develop the Grant Application for the Rehabilitation of the North Star Loft Blanket Sign. This effort included negotiating with the city of Minneapolis Historical Preservation Society to obtain the Certificate of Appropriateness to developing the team who ultimately lead to the successful award of the $247,000 of Legacy Grant funds to assist with rehabilitation of the large, urbanscape roof sign for North Star Lofts.

Nominee has played on ongoing instrumental role along with key association leaders in separating La Rive from a third-party energy plant as the end of the original energy contract approached and planning for and building a new energy plant for a 28 story building. Nominee’s work on the Energy plant has been a three year journey with many extra meetings, presentations, cost-benefit analysis, selection of owner representative, architect contractor, management of neighbor relations etc. Since the project construction started Nominee has attended weekly construction meetings along with all of the stakeholders to ensure that the Acted as the Board liaison to owner representative, contractor and subs to build an energy plant.

Over the last two years, Nominee has helped client Boards settle original construction lawsuits at two different associations. One was resolved in 2013 and the other in 2014. Nominee played an active role with each association and their counsel in navigating complicated issues and achieving a positive result for the clients.

Nominee has been an outstanding advocate for all of her client Associations.

What were the measurable benefits from this accomplishment? Examples include large capital improvements, savings to the association, etc. Please include any recognition you received from a board, homeowners, and developers, if applicable.

Nominee's efforts in obtaining a historical preservation grant for our client resulted in a grant from the Minnesota Historical Society in the amount of $247,000. This is not just a significant financial benefit to our client association of only 37 homes but is a broader cultural benefit for the whole community as this sign is a highly visible landmark in the community and part of the identify for the neighborhood and the river. Nominee also worked with design professionals so that when it is restored the lighting will be changed to restore a quality of light similar to its original lighting.

Kate’s work on the energy plan including all of the weekly meetings and many other extra meetings and projects for her has involved no additional expense to the association. The energy plant is currently estimated to save the Association $55,000 per year. Nominee was also able to find a loan option for the financing of the project that provided better terms than the several banks originally considered by the Association and saved the association over $75,000 in finance expenses over the life of the loan.

Nominee’ assistance in helping clients to settle lawsuits is difficult to quantify as the settlements were not attributable directly to her but she was very actively involved in the process and discussions all along the way and was an important part of the success of these efforts.

Was there anything about the accomplishment(s) that exceeded the normal course of everyday responsibilities/services?

All of the things described in responses to the first two questions are above and beyond the normal service of an Association Manager to their clients. It is exceptional to give of oneself in the manner that Nominee has given. Nominee took ownership over issues she cared a lot about even though she was not obligated to perform at the level she did. She has worked tirelessly and successfully on extraordinarily complicated and challenging issues and opportunities. The clients received the benefit of this extraordinary work at no additional expense outside of their management fee.

It is not just the end result that was achieved in these instances but the outstanding relationship with the clients and within the broader community.

Why does this individual deserve recognition? Please include any additional considerations.

Nominee is always transparent with the client and makes sure that the client and her efforts are aligned to further their goals.

Her commitment level is truly above and beyond and she has been an outstanding problem solver and embraces accountability at a very high level.

She has been unafraid of tackling tough issues which are often left alone even though they are compelling just because they are difficult.

She has demonstrated interest, engagement and commitment in the broader community. She has been involved with neighborhood organization, Mpls Historical Preservation Committee, MN Historical Society, and the Downtown Council.

Nominee is simply an extraordinary Association Management professional.

Complete Judging Form for this Nominee


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