Governance & Administration
The Monroe Professional Center Condominium was created by a Declaration of Condominium dated and recorded on May 13, 1999 [the “Condominium Declaration”] and accompanying condominium plat. Both the declaration and plat have been restated to incorporate changes that have occurred since 1999, including the acquisition and development of the project’s east parking lot. The restated declaration and plat may be downloaded using the links below.
The MPC Condominium is operated by the Monroe Professional Center Condominium Association, LLC, a Wisconsin limited liability company [the “Association”]. Each owner of a unit of the condominium is a member of the Association and may cast the number of membership votes allocated to the unit in the Condominium Declaration. The following table reflects the number of membership votes allocated to each unit under the Condominium Declaration:
Condominium Association Voting Rights
Area Measurements Conform to BOMA 2010 Standard for Office Spaces
|MPC Building||Condominium Association Votes||Usable Area [s.f.]||Rentable Area [s.f.]|
|B107 [garage for unit 311]||11||569||622|
|MPC Building Total||586||20,475||22,637|
|Fitzgibbons Building Total||414||14,576||16,059|
|MPC Condominium Total||1,000||35,051||38,696|
Board of Directors
A board of directors of the Association, consisting of three individuals, is elected by the members at the annual meeting of the membership held during the first three months of each calendar year. Day to day operations of the condominium are overseen by the board of directors.
Unit owners receive a monthly billing for services provided by the Association. Among the principal services provided by the Association are maintenance of the common areas and facilities, including all common hallways, mechanical rooms, parking facilities and the passenger elevator. Also included in monthly condominium assessments are allocations to each unit for municipal water and sewer service, solid waste and recyclable materials collection and snow removal. The monthly billing also includes a small capital reserve charge to accumulate and maintain a fund for capital costs, such as repair or replacement of sidewalks, parking facilities or roofs.