Waterford Lakes
Homeowners Association Board Meeting Minutes
January 18, 2018
Attendance:
3 Residents, Board Members: Maggie Jones, Caroline King, Dave
Richardson, Don Ulrey, and PSG: Larry Edwards, Susan Keene
Call To Order: 6:30pm
Approval of November Minutes
Treasurer’s Report:
Checking Account
Balance: $37,675
Reserve
Fund Balance: $122,305
Certificate
of Deposit: $51,282
Committee Reports:
Election Committee : Two Board
positions (3 year terms) are up for election at the Annual Meeting in
April. Nominations must be in to PSG by Saturday, March 10th. Thursday, March 15th HOA Meeting
will be a Meet The Candidate Night.
Please submit a paragraph/brief biography with your nomination. Candidate Bio’s will be sent to residents
with the Annual Meeting packet.
Candidates do not run for an office. Officers will be elected by the
Board following the election. Candidates
may want to include the following in their bio:
why do you want to run for the Board; address and years as a resident;
HOA experience; volunteer activities; community involvement; professional
experience; strengths, etc. Become
familiar with the Waterford Lakes HOA documents to better understand the
Board’s role and responsibilities.
Clubhouse Committee: $900 in rental fees were collected in
2017. Contact PSG to reserve the
clubhouse. Rental fees must be paid to
lock in a specific date. Residents must
sign the rental agreement and be present for the event. The rental fee is $50 deposit with a $75 damage
deposit. If you wish to setup the night
before the event there is a $25 charge.
Old Business:
None
New Business:
A resident inquired about the HOA paying for leaf raking. There was
discussion which included:
· We do not have leaf raking in the
budget.
· The budget is focused on the roofing
project we committed to.
· $6000 per month goes toward the
roofing fund in the budget
· We try to wait as late in the Fall as
we can for the last mow to mulch the leaves.
Meeting Adjourned
Next Meeting Thursday,
February 15th at 6:30pm
Submitted By Secretary
