Meeting minutes for May 2009 board meeting
Homeowners Forum
There were no homeowners present at this months Board meeting.
Treasurer’s Report
For period ending April 30th, 2009:
Bank, Savings and Investment Accounts
Checking $23,391.28
Insurance Reserve $4,756.55
Replacement/Special Assessment CD $312,270.08
Other Assets
Petty Cash $100.00
Total Assets $341,487.98
The Board has approved a 5% dues increase beginning July, 2009. Unit owners will receive budget materials and new payment booklets by separate cover. This years budget was higher mostly because of garbage collection, water and natural gas price increases.
Committee Reports
The landscaping committee has discussed getting mulch for the planters and planting beds surrounding the building. A quote has been received for $1,125+tax. Additionally, the landscaping committee is planning to spend $50 on new plants.
The hardscaping committee has submitted the last of the documents to the city and paid the $150 application fee. The committee is now waiting on a response from the city.
Security
No security violations were reported
Rules
No rule violation were reported.
Old Business
The HOA board has received 32 responses to the Amendment. Please respond to the amendment (even with a negative response) to help our tally process complete. Board members will be contacting unit owners who have not yet responded in the coming months in the hopes of receiving 12 more positive responses.
New Business
The reserve study will be updated on or before July 9th – our on-site inspection is forthcoming.
One of the units has been inspected by eRein construction due to damage to a deck. Response from the above unit owner is still pending.
Meeting Adjourned: 7:15 PM
Next Meeting is June 8th, 2009 at 6:30pm in Unit E406