Waterford Lakes Homeowners Association

Waterford Lakes HOA Minutes

Tuesday, August 23, 2016

Waterford Lakes HOA Meeting Minutes 18 Aug 2016


Meeting was called to order.  Board members present were Maggie Jones, Don Ulrey, Caroline King, Jo Grimes and Suzie Jamerson.  Present from PSG Management were Larry Edwards and Susan Keene.  Caroline is our new Board member until the next general election in April.  July minutes meeting were approved.

Treasurer’s report for August activity:
Income                                           $13,274.05
Expenses                                         13,349.64
Net Income                                             (75.59))
YTD Profit/Loss                               19,128.71
Checking Acct Bal                           37,423.78
Roofing Reserve                        $166,986.75

·      Financial:  We had a very small loss last month.  However, we continue to be within budget for the year.
·      Architectural:  Caroline King is our new Architectural/Landscape Committee Chairperson.  Other members are Richard Conway, Ann Inman, Shirley Stempson, Donna Wolf, and Dave Richardson with Larry Edwards as a consultant.  She reported that the Board is of writing Guidelines which will be helpful to the committee in making future assessments and recommendations.  In addition, Bill Jamerson expressed thanks and appreciation to our neighbors who have helped maintain the appearance of our complex including Suzie Jamerson, Joy Shue, Don Johnson, and Geri Conway.
·      Social:  Bobby and Juanita LeMaster have moved to the Westside Garden Plaza Retirement Community.  Sue Barr was in the hospital and flowers were sent.
·      Old Business:  Maggie confirmed that the removal of the goose fence was authorized as it was looking very shabby and not doing anything to stop the geese.  The Board did meet to discuss the concrete walkway at 385 Waterford Lane and that project has been completed.
·      New Business:  An inquiry was made as to when it is necessary to have a membership vote on expenditures and Susan Keene stated that if there was an expense that would cause the total budget to be over $3K the Board would need to request permission from the membership.  We probably will not replace the lights that are not working on the fountain between Waterford Lane.  Grass around the ponds will continue to be trimmed for now and the Architectural Committee will research whether leaving long grass by the pond will help discourage geese.

Unfortunately, Suzie Jamerson has decided to resign from the Board.  We wish to thank her for her nine years of helping our small community be me than just neighbors.  If you are interested in serving for the remainder of her term, please contact the PSG office.

The meeting was adjourned.  The next meeting will be 15 September at 6:30 PM.

Reminder:  Effective 1 Jan 2017, HOA fees will increase to $150.00 a month.