Waterford Lakes
Homeowner Association
Winter Bulletin January
2020
The Board
has scheduled four HOA Business Meetings during the 2020 calendar year. Our next scheduled open Board Meeting is
Thursday, March 19th @ 6:30pm. It is our hope that the open Board meetings will
be informative and provide a forum for resident comments and Q&A. Special Executive Sessions of the Board will
be necessary for planning throughout the year. You will receive more specifics
on the social events as we get closer to those dates. Additional opportunities to get involved are through committee
work. Association committees include:
1. Clubhouse Committee: responsible for rental reservations & keys; upkeep & maintenance;
long term planning for remodeling & clubhouse usage; ongoing review of
clubhouse rules & guidelines.
2. Communication Committee: updating community directory; website planning;
minutes/bulletins/packets & distribution; maintain Association records;
post signs
3. Architectural & Landscape Control Committee: review/approve change forms submitted; ongoing review &
updating of guidelines.
4. Common Area Maintenance Committee: annual
infrastructure assessment; communicate/coordinate services with property
manager and contractors; provide labor for upkeep of entrances, shade garden
& around clubhouse grounds; entrance & exterior lights;
mailboxes/posts; geese control.
5. Legal Committee: ongoing review & updating of
governing documents; covenant enforcement; conduct elections; election
procedures; keep updated on Indiana HOA Law; liaison with attorney; Amendments
to Covenants.
6. Financial Committee: do preliminaries for annual budget; RFP process for service contracts;
reserve fund planning short & long term; review & recommendations for
large expenditures
7. Social Committee: planning, preparation; decorations; cleanup; publicity; RSVP’s/phone calls.
Contact Anne
Inman @ 317-504-9268 if you have interest in participating on a committee. We have two (2) Board positions up for
election this April. These are each
3-year terms. If you are interested in nominating yourself
or another resident to the Board, you must contact Property Services Group by Friday, March 13th. We
recommend providing a brief statement of your interest and why you would be a
good candidate. You will have an
opportunity to meet the candidates at the March 19th HOA
Meeting. Elections will be held April 16th
at the Annual Meeting. Contact Anne Inman @ 317-504-9268 if you would like more
specifics about the time commitment and duties of Board members.
2019 Year-end
Financials: CHECKING: $8,210.68
RESERVES: $102,379.73 Roofing
Reserve/Money Market
$
52,734.87 Reserve Fund/Money Market
$ 50.27 Savings
$155,164.87 Total
Reserves
2019
Year-end Profit/Loss: -$2465.66*
*Unexpected building maintenance & fence
repairs
We have
posted the Rental Ban Amendment, Revised Architecture & Landscaping
Guidelines, and Clubhouse Rules & Regulations on our
website: www.psgcondos.com. An updated Community Phone Directory will
be put out this Spring/Summer. Below is
our calendar of meetings, social events and activities scheduled for 2020.
HOA Meetings:
Thursday,
March 19th @ 6:30pm Meet Board Candidates
Thursday,
April 16th @ 6:30pm Annual
Meeting & Election
Thursday,
July 16th @ 6:30pm Guest
Speaker
Thursday,
November 19th @ 6:30pm Annual
Budget Meeting
Social Events:
Saturday,
March 7th Soup
Bar
Saturday,
May 2nd Taco
Bar
Saturday,
July 25th Omelets
Saturday,
November 7th Coney Bar
Saturday,
December 5th Holiday Open House
Game Day: 3rd
Wednesday of the Month
Wednesday,
January 15th @ 1pm
Wednesday,
February 19th @ 1pm
Wednesday,
March 18th @ 1pm
Wednesday,
April 15th @ 1pm
Wednesday,
May 20th @ 1pm
Wednesday,
June 17th @ 1pm
Wednesday,
July 15th @ 1pm
Wednesday,
August 19th @ 1pm
Wednesday,
September 16th @ 1pm
Wednesday,
October 21st @ 1pm
Wednesday,
November 18th @ 1pm
Wednesday,
December 16th @ 1pm
Respectfully
submitted by Anne Inman, Board Secretary
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