CAPITAL IMPROVEMENT BY TONY CHIARELLI PROJECTS SCOPE, FUNDING, AND BID QUALIFICATIONS A n article in the August issue of Condo Media opened up a discussion regarding the pros and cons of associations considering long-term loans for capital improvement projects at their properties. A lender argued against the idea, while a contractor supported it. Similar to the passionate opinions regarding the most recent presidential election, this is becoming a very strong issue in the condominium community. Ultimately, there is a large gray area surrounding the topic that needs to be explored and understood before a solid opinion can be formulated. So many questions, so many decisions. What do we do? Where do we find trustworthy advice? How are we going to pay for all of this? 34 CONDOMEDIA