Waterford Lakes
HOA Meeting Minutes 20 October 2016
Meeting was called to order.
Board members present were Maggie Jones, Don Ulrey, and Jo Grimes. Present from PSG Mgmtt were Larry Edwards and
Susan Keene.
Secretarial:. September meeting minutes were approved.
Treasurer’s report for September activity:
Income $13,723.29
Expenses 12,856.51
Net Income 866.78
YTD Profit/Loss 16,755.64
Checking Acct Bal 33,727.89
Roofing Reserve $179,778.43
·
Financial: We are in the black and at 65%
of budget. We will use some of our extra
funds to repair the clubhouse door and replace the missing fountain.
·
Architectural: The two
bricks missing from the shade garden have been replaced. Don’t forget, bricks are still for sale. They are a nice memorial. The Committee
continues to work on the guidelines.
·
Social: Nancy Fitzgerald had surgery
and is doing well. Max Wineman was in rehab and doing nicely. Richard Armstrong fell and may have a broken
leg. We would appreciate suggestion for
activities. We’ll have a pancake
breakfast in Jan or Dec. Limber up those
vocal cords to go caroling in Dec. Volunteer
by contacting either Geri Conway 317.506.9344 or Janell Miller 317.506.0758.
·
Old Business: PSG has completed the bush
trimming for the year. We want to thank
Dave Richardson for purchasing and planting shrubs.
·
New Business: The Board met to establish the
2017 budget and a copy will be mailed by PSG to all homeowners. If your driveway has cracks that need to be
sealed, please advise PSG. We are considering
starting a maintenance committee to handle small chores and members would have
shirts to identify them. The clubhouse
is open to all residents and their families for parties and events. We would like for the clubhouse to be
self-sufficient. The fee is only
$50. Please contact PSG to rent it. Ann Inman proposed that the Board change the
acceptable styles for replacement of storm and front doors as the current storm
doors with grates have become obsolete. She
will submit an Architectural Request to start the ball rolling. Residents may, of course, keep their current
doors. Attendees to the HOA have a
chance to win a$10 gift card so be sure to come. We are considering building an email list to
distribute minutes. If you want to
receive minutes via email, contact Brandon at PSG.
The meeting was adjourned. The
next meeting will be 17 November at 6:30
PM. This is the Annual Budget meeting so please attend.
Reminder:
Effective 1 Jan 2017, HOA fees will increase to $150.00 a month.
