Ilya  Gonorovsky

Candidate for the Board of Directors

Unit  1201N

BACKGROUND:

I bought my apartment in July of 2013 and have been permanently living in Florida since then.

I have received my Master Degree in Broad-Band Multi-channel Communications Systems and have had more than 40 years experience in various aspects of telecommunications and industrial electronics.

I have also received my Financial Degree as General Securities Registered Representative (RR).

I was a Top Senior Engineer representing Motorola. Based on my strong skills and management experience, I was elected to Chair the biggest in the world (3GPP) Telecommunications Forums for eleven consequent years

(I was reelected 5 times).  My goal, as a Chairman, was to achieve full consensus on every decision made by the Forum represented by 400+ companies such as Samsung, Nokia, Erickson, Apple, etc.

As the PRESIDENT OF AQUARIUS BOARD OF DIRECTORS for the last five months, I would like to express my gratitude to:

• Every Aquarius Board member for successfully working together
• Construction, Beautification, Social and Information committees for their professionalism and hard work
• Every unit owner for all help and support in achieving our goals.

Together we have done the following:

FINANCIAL AREA:

1) Have Renegotiated the Line-of-credit for much better conditions, such as:

1.  a) $130,000 down payment instead of $200,000
2.  b) $10,000 withdrawal minimum, instead of $50,000

2) Have reduced the delinquency amount from $551,000 to $391,000

3) Have implemented, as alternative, repayment of two remaining second assessment payments  ($1,500,000) in 10-month period

4) Have reduced the budget deficit from $78,000 to $9,000

5) Have engaged a forensic auditing company to clarify “trump” money spending for years (2009-2012) (without increase the budget legal fees).

6) Proposed 2016 Budget without maintenance fee increase for year 2016

CONSTRUCTION AREA:

1) Have completed restoration of the West Pool

2) Have completed the Aquarius Gym restoration

3) Have completed renovation of the Aquarius Restaurant (Etna)

4) Have signed the contract for A/C system replacement

5) Have installed four new doors for the North and South building entrances

ADMINISTRATIVE AREA:

1) Have hired a professional security company without cost increase

2) Have engaged a professional management company (Atlantic/Pacific) which significantly improved the management performance and saved the association a lot of money

3) Have conducted monthly association meetings to improve communication and provide information

UPCOMING PROJECTS:

1) Valet area restoration completion

2) Lobby restoration completion

3) Security cameras installation completion.

4) Sound/video/conference system installation.

I believe that my hard work and experience in negotiations, problems solving and proper communication with the Board, membership, and vendors would be a valuable asset for the newly elected Aquarius Board.

.o0o.