Waterford Lakes Homeowners Association

Waterford Lakes HOA Minutes

Friday, July 27, 2018

July 2018 Board Minutes


Waterford Lakes HOA Meeting Minutes and News
July 19,2018
Attendance:    26 residents, 5 Board members, Susan Keene & Larry Edwards (PSG)
Call to Order
Pledge of Allegiance
June Minutes Approved
Treasurer’s Report:             Checking Account Balance:                 $32,944
                                                Reserve Fund (roofing project):         $104.810
                                                Money Market (reserve fund):          $51,282
                                                YTD Profit & Loss:                                 $14,034
                                                % of budget after 6 months:              40%
Committee Reports:  
1.      Social Committee:  The Alphabet Pitch in last month was a great success with every table and chair filled.  Participants especially liked the Coleslaw Pasta.  Included with your minutes is the recipe that you asked to receive.

Men’s Breakfast at Emmy’s Saturday, August 11th at 9:30am

Women’s Lunch Saturday, August 11th at Pit Stop in Brownsburg.  Meet at the clubhouse at 11:30am.  RSVP to Janell Miller (317-506-0758).

Saturday, August 18th Community Luau.  RSVP to Janell Miller ( 317-506-0758)  or Geri Conway (317-506-9344).  Bring your favorite dish.  Meat and drinks provided.
Saturday, September 8th Biscuits & Gravy Breakfast at the clubhouse.  We will have another breakfast by popular demand.  More info to follow.
Clubhouse Committee:  We have completed this year’s refreshing of the clubhouse. In addition to the new paint, new artwork was donated and volunteers installed chair rails to protect the walls.  What a difference this has made! A special thankyou to Caroline King, Brandon Henton, Larry Edwards, Dave Jones, Dave Miller, Randy Simmons, Dave Richardson, Don Ulrey, Maggie Jones and Anne Inman who contributed time and resources to the clubhouse face lift. 
We want to also thank our new residents Renee, Tim and Bailey Cookerly for donating the smooth top range.
We hope you will be encouraged to use the clubhouse for family get-togethers.  Residents can rent the clubhouse for $50 with a refundable $75 security deposit.  We greatly appreciate the cleaning job residents are doing when they finish using the facility.

2.     Community Directory:  Final call for changes to the directory.  Contact Anne Inman (317-504-9268) for last minute changes.  Directories will be out in August.  Special thankyou to Peggy Burke for updating the directory.

3.      Architecture & Landscaping Committee:  Mr. Sandavol will be in the neighborhood doing some special projects this week.  There are about 30 properties that have wild mulberries taking root in their flower beds, along the back and sides of the building.  Growing Image did a special spot treatment of weeds growing along the sidewalks and driveways this week.  The Board is discussing the pro’s and con’s of adding a 5th treatment.  The stumps of the trees taken down throughout the neighborhood will be taken out soon.  We will seed these areas in early September.

The question came up as to what trees are recommended to plant.  Good options include the Cleveland pear tree, locust, red bud, red maples and Japanese maples. Stay away from Bradford pears, birch trees, ash, soft maples, pin oaks and crab apples.  Planting of new trees requires approval of the architecture and landscaping committee.
Old Business: 
The Book Box will be installed by the backdoor of the clubhouse this week. You may borrow or donate books. Thanks to Dawn Lowden for donating this to the Community.
New Business:
It was brought to our attention that a few are not picking up after their dogs.  This is just a reminder since our residents have always done a good job in this area.
The Board will be discussing the possibility of a rental policy to deter investors from buying up homes to use as rental property.  Right now we have 11 rental units.  Currently there are no guidelines in the Covenants regarding number of rental units.  Dawn Lowden explained many Hendricks County communities are putting in rental restrictions which will steer investors to communities like ours who have none.  The Board is doing their homework and will present options for future discussion. To amend the Covenants, it would require approval by 75% of our residents (after 20 yrs.).  Current rentals would be grandfathered.
Door Prize Winner:  Judy Bolin
Meeting Adjourned
Next Meeting Thursday, August 17th at 6:30.   Mark your calendar!


Announcements:        
Peggy Gibbs (317) 272-0937 is offering a custom shelf which fits in the front window that is great for plants and other decorations.  Call Peggy for more details and to take a look.  No charge to a good home!
Brandon Henton ( 317) 837-9860 is available to hire for landscaping, painting and other handyman services.

Anne Inman, Board Secretary