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Annual Homeowners Meeting.
The HOA Meeting notes will be
posted by the end of April 2008. The meeting was held at the Wayne
Township Library 198 South Girl School Rd on April 3rd 2008.
The homeowners / crime watch meeting
went very well, if you did not make it to the meeting you missed a
wonderful opportunity to met and greet your neighbors and board
members.
A unanimous vote by the homeowners for
the board members to remain on the board and serve another two
year term in our community. After a discussion of turning the
community back over to a property management company due to the
responsibilities of maintaining the community it was voted in that
Susan would be paid for her services to our community. Susan has been on the board
since March 2003 and became president in Sept 2004. We will continue to use Affordable HOA for our financial needs, we
will also continue to use Tanner Law Group as our HOA Attorney.
Susan
Nichols took on many responsibilities within the community since becoming a self
managed. One of those responsibilities has been working with the HOA
Attorney and the Accountant.
The Board of Directors has saved the
community at least $48,000.00 in managements fees, collecting
over $31,000.00 in delinquency. Investing rough-fully $10,000.00 a
year back into the community with improvements.
A list of
services Susan Nichols will provided can be viewed by
click here..
Accomplishments 2007
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At
years end Dec 31st 2007 we had $22,085.95 in our bank
account.
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At
years end 2007 we had a delinquency balance of $9029.77. All of
which is setting with the HOA attorney and is being collected. We
have taken the delinquency report from 7 pages to 1 as of Dec 2007.
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We
added an additional $10,000.00 to the Community Savings account. For
a total saving account balance of $13,756.87
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Ending our accounts at $35,842.82
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Budgeted 2008 - expenses of $48,300.00 which includes $2500.00 for
snow removal.
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Published 2 Newsletters, cost of which was just under $125.00 for
the 2.
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4
wooded common areas have been kept clean of the brush and weeds,
trash, dead trees and or dangerous tree limbs.
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Repaired 7 Street sign (concrete), install 12 children at play and 1
deaf child sign.
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We
had the area off of
Wandering Way
back filled and rip rap laid. The area was raised due to water
laying in the swell, this is an area where leafs, trash and debris
collected as well as mosquitoes.
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Installed 2 light posts on
Ida St.
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We
had riprap installed around all of the drain pipes in each of the
ponds. On average 2 drains per pond. $185.00 per drain. The riprap
has been thrown into the ponds by the neighborhood kids, This will
be an added expense for us.
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We
are in the process of applying for a community beautification grant
for trees / flowers for our community. (Keep Indiana Beautiful)
Things we are
focusing on for 2008
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Building the
crime watch program – we need someone to take charge of the
crime watch.
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Reserve study
to be done.
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Painting the
Gazebo– Wandering Way Common Area.
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Planting
shrubs and flowers around the gazebo once it has been painted.
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Cleaning of
Common Areas – cleaning out the under brush and removing dead
trees and mulching the area if needed.
Several homeowners went home with a
safety device to help secure their homes.
Security suggestion I can give a
homeowner is to place a pad lock on the air conditioning box on the
outside of your home. For $3.00 you can save yourself $3,000.00 -
$6,000.00. The lock being placed on the AC box is to keep the thief
from being able to shut down the electricity to the AC Unit. If a
thief can shut down the electricity to the unit then they can cut
wires and down the street they go with your AC Unit. Which is
striped of the copper and trashed. The copper is then taken to the
scrap yard and sold. A few of the empty homes in our community have
had the AC Units stolen.
The above is to serve as an update
until the notes are ready to be published. The Meeting Notes will be
posted ASAP. |