Waterford Lakes HOA
Board Meeting Minutes & News
June 21, 2018
Attendance: 25 residents, 5 Board members, Larry Edwards
& Susan Keene (PSG)
Call to Order: 6:35pm
Pledge of Allegiance
May Minutes Approved
Treasurer’s Report: Checking Account
Balance: $45,220 (through
May 31st)
Reserve
Fund: Roofing
Reserve: $98,752
CD: $51,282
Profit
& Losst: $20,662
%
of Budget: 28%
(after 5 months)
Committee Reports:
1. Social Committee:
This Saturday, June 30th Noon -2:30
“Alphabet Pitch-In” Bring a
side dish that corresponds with your name.
Meat and drinks provided. Rain
or Shine at the Clubhouse.
Men’s Breakfast at Emmy’s Saturday
, July 14th at 9:30am.
Ladies Lunch Saturday,
July 14th at Rick’s Boatyard. Meet at clubhouse at 11:20am. RSVP:
Geri Conway (317) 268-4353 or Janell Miller (317) 506-0758
Saturday, August 18th
Community “ Luau” More information to come.
Saturday, September 8th
“ Biscuit’s & Gravy” Breakfast
2.
Clubhouse
Committee: The clubhouse has
received a fresh coat of paint on the walls, ceiling, trim and doors. This was paid for out of the reserve fund
established this year for clubhouse improvements. The windows will be replaced in 2019 and
flooring in 2020 if all goes well. Volunteers will be changing the outlets
& switch plates to white and installing
chair rails. Contact PSG if you would like to rent the
clubhouse for a function. Rental is $50
plus a $75 deposit which will be returned if it is cleaned and no damages.
3.
Community
Phone Directory: A 2018 update will be delivered in
September. See the attached information form.
4. Architecture & Landscaping Committee: Volunteers have been spraying weed killer,
fertilizing shrubs, putting down grub control, picking up trash, changing light
bulbs, cleaning up the entrances and common areas. Mr. Sandavol will be trimming low branches
which interfere with the mowing service later this summer. 5 dead pine trees in backyards will be cut
down by Matt’s Tree Service this month.
Old Business:
1.
The large
pond (#4) at the end of Waterford Court has a fountain out. The motor and blades were melted. One explanation might be a lightning strike
caused the damage, but we cannot be sure.
At this rate, we have been replacing one fountain each year for the past
3 years. We just put a new fountain in pond #1 in April. The following is an estimate of what
it costs annually to operate our four fountains:
Electricity
- $2500
New Fountain
- $3500
Storage
& Maintenance - $1500
Total : $7500 or $71 per residence annually.
The Board is discussing how best
to fund this category in the 2019 Budget
while setting up a reserve fund for replacing fountains that go
down. Considerations will include
warranty, service contracts, maintenance, lifespan, horsepower, spray and
manufacturer.
2.
The
lending library book box is in.
Larry Edwards will be installing the book box on a post by the backdoor
of the clubhouse. Thanks to Dawn Lowden
for purchasing the book box for our community.
Next month we will have more information to share. We welcome your used paperbacks for our
lending library.
New Business: No
questions or discussion.
Door Prize Winner: Mary
Lou Bell
Adjourned: 7:10pm
Announcements: August 1st Creation
Museum Bus Trip sponsored by the Avon Methodist Church. Cost is $79 which includes bus fair, ticket, lunch
and snacks. If you would like to go
contact Barbara Stauch (317) 272-4032.
FREE
Baldwin Spinet Piano in excellent condition.
Great for a family, community center, church or preschool. If you are interested, contact John Brewer
(317) 507-5703.
Handyman,
Painting & Landscaping Services:
Contact Brandon Henton (PSG) at 317-837-9860.
Mark your calendar the next HOA
Meeting
Thursday, July 19th 6:30pm
at the Clubhouse
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