Meeting was called to order. Board members present were Maggie Jones, Don Ulrey, Jo Grimes and Suzie Jamerson. Present from PSG Management were Larry Edwards and Susan Keene.
Treasurer’s report for July activity:
Income $13,272.09
Expenses 16,328.90
Net Income (3,056.81)
YTD Profit/Loss 19,204.30
Checking Acct Bal 38,523.42
Roofing Reserve $166,962.70
·
Financial: We had a loss last month as we
caught up on our contribution to the reserve fund. However, we continue to be within budget for
the year.
·
Architectural: Board had approved installation
of a walkway.
·
Social: Susie announced the annual Ice Cream Social would be on 20 August from
2 PM to 4PM. We encourage everyone to
attend this fun event.
·
Old Business: As mentioned last month, the
flag on your mailbox is yours to keep so displaying or removing it is the
homeowner’s responsibility.
·
New Business: Minutes from the June meeting
were approved. Maggie advised that Mike Barr had resigned from the Board
effective immediately. We discussed that
there is a list of approved trees that may be planted so please check with the
Architectural Committee. In order to
ensure that our property continues to look well-kept so in the future, we will
advise an approximate date for trimming.
Homeowners should to trim their own bushes or trees in advance of that
date. Bushes not trimmed by the
homeowner will be trimmed by the contractor. Trees should be marked so the contractor
knows not to trim.
There was also a discussion regarding the board’s approval of a cement
walkway that is being installed in the front of a resident’s property. Concern was expressed whether the Board had
followed normal procedures or informed neighbors of the architectural
request. It was decided that the Board
would review their decision to ensure it was in the best interest of the
community to allow the resident to proceed.
SCAM ALERT.
IF YOU RECEIVE A PHONE CALL FROM SOMEONE SAYING THEY ARE FROM THE IRS
AND YOU OWE TAXES – JUST HANG UP. IT’S A
SCAM.
We will discontinue hand-delivering minutes this month. Minutes will be available on the PSG website www.psgcondos.com under the link titled “Latest News.” Copies will also
be available in a box outside the clubhouse.
If you are unable to utilize either of these methods, please contact Jo
Grimes at 317-431-0816.
The meeting was adjourned. The
next meeting will be 18 August at 6:30
PM.
Reminder:
Effective 1 Jan 2017, HOA fees will increase to $150.00 a month.
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