Waterford Lakes
Homeowners Association Board Meeting Minutes
March 15, 2018
Attendance:
18 residents, 4 Board
Members, 2 PSG
Call To Order 6:35pm
January Minutes Approved
Treasurer’s Report: 2018
Financials through February
Checking: $39,079Profit & loss: $13,780
Roofing Reserve Fund : $86,051 (’18 materials paid in full)
Certificate of Deposit: $51,282
% of Budget Spent: 7%
Committee Reports:
Social Committee: Biscuits & Gravy Breakfast is scheduled for this Saturday, March 24th
from 8:30am to *10:30am. RSVP to Janell Miller (317-506-0758).
Residents who attended last year raved about the food. Please feel free to
contact Anne Inman (317-504-9268 ) if you need a ride to the breakfast or would
like to have breakfast delivered. A volunteer would be glad to make this
happen.
A Men’s Breakfast at Emmy’s is scheduled for the
2nd Saturday each month at
9:30am. Mark your calendar for Saturday,
April 14th.
Architecture & Landscaping Committee: The
old crumbling cement curbs at the clubhouse parking lot have been replaced with
new rubber curb stops. River rock is to be spread in April behind the south
entrance walls to keep down weeds. Black
mulch is to be spread at the shade garden in April. Rose bushes at the entrances are being
trimmed and ornamental grasses cut down. Mr. Sandavol’s contract has been
renewed to do the mowing & trimming from 2018-2020. The average cost per
unit is $10 per mow. Volunteers have
been picking up trash all winter. As the
weather improves check your back and side yards for trash that may have blown
into your yard. It has been a windy
winter! The roofing project will begin
again this Spring.
Election Committee: Elections
for the Board of Directors will be Thursday, April 19th 6:30pm at
the clubhouse.
Clubhouse Committee:
It was announced that the
clubhouse will be updated this Spring with a fresh coat of paint, pictures,
light fixture and sound panels. If you would like to volunteer for this project
contact Caroline King at 317-709-5905.
Old Business: Barbara Stauch led a discussion on clubhouse rental. The Board clarified that when renting the
clubhouse for a function, the key would be made available by 5pm the day before
at no extra charge. There was further discussion about the $75 security
deposit. When renting the clubhouse, no different than renting a car, a
walk-around is done when receiving the key.
Some residents felt we should not refund the deposit if the clubhouse is
not in a satisfactory condition after the event, including bathrooms cleaned,
tables/chairs back in place, refrigerator emptied, garbage disposal run, lights
& fans off, thermostat reset and all trash taken out. The clubhouse is for resident convenience and
provides an opportunity for social functions to get to know your
neighbors.
New Business: The two candidates for the two open
Board slots introduced themselves. Dave
Richardson and Maggie Jones are both running for re-election. There was discussion about the HOA’s history
from the floor. Residents expressed how
pleased they were with the open Board Meetings, staying within budget, no
special assessments, PSG as property manager and Sandavol’s landscaping services.
Residents
asked about long range plans for driveways and sidewalks. The driveways and sidewalks will be addressed
when the roofing project is completed however resident safety is paramount. There are a couple sidewalk tripping hazards
that will be addressed in this year’s budget.
Meeting Adjourned
Door Prize Winner was Peggy Gibbs!
Sincerely,
Board Secretary
HOA Annual Meeting is April 19th at 6:30pm
