Lake Villas at Pine Creek Ridge











Shared Cost Comm. Minutes
2009 Budget

Lake Villas at Pine Creek

Board of Directors' Meeting Minutes

December 15, 2011


Directors / Officers in Attendance: Ted Grulikowski, Lou Mitchell, Dennis Cunningham, Colleen Fitzgerald and Chet Riddle

Cummings Property Management in Attendance: Sean Gartland

Others in Attendance: Mike Gudenau, Paul Godwin, Dick Rideout, Jason Baker (Signal 88 Security) and approx. 25 Co-Owners.

The Board meeting was called to order at 6:05 p.m.
 
Co-Owner Input on Signal 88 Security Proposal: Lou Mitchell

Lou facilitated an open discussion on the HOA sponsored proposal for enhanced security for PCR.
 
Jason Baker, President, Signal 88 Security, addressed the audience, answering questions and explaining costs/patrols/enhancements for Co-Owners, etc.

Based on comments for and against the proposal, including a review of reported incidents of vandalism, theft and unit break-ins, an informal vote showed most Co-Owners in attendance were in favor of the proposal including road and pool patrols costing LV $4385 annually.

It was noted that added benefits for Co-Owners included Signal 88’s offer to respond to Co-Owner’s home security system alarms, provide 911 response, and allow 5 home/grounds inspections annually for any Co-Owner who may be out of town/on vacation.

Lou thanked those Co-Owners who attended the meeting and indicated the Board would address the proposal during the Board meeting.

A motion was made and seconded to approve the minutes of the November 17, 2011 Board meeting.

Treasurer's Report: Dennis Cunningham

As of December 14, 2011, we have $35,884 in cash and $233,893 in reserves.

Based on final year-end payments (water bill), a decision will be made on the transfer of funds from the Operating Budget to the Reserve Account (January).

Architectural Committee: Paul Godwin

Paul presented a request from a Co-Owner (7309 Pine Vista) for concept approval to remove the unit’s fireplace and install two windows (rear of the unit). The Board approved the concept and Paul will advise the Co-Owner to submit the appropriate modification request.

Arts Reviews and Grounds: Gene Liskiewicz

The contract with Just Gardens was renewed with carry-over pricing for 2012 ($31,270).
 
MAC missed the first snow plow of the common area sidewalks along Lake Forest Drive. They will ensure the walk will be plowed in the future.

Ever So Green will plant another tree on the berm beside 7490 Pine Vista.

A letter to the Co-Owner at 7301 Pine Vista was sent regarding landscaping issues. A response may not be received until the Spring.

The contract with PLM for a 2 weed treatment plan for Lime Lake was renewed for 2012 ($1340).

Web Newsletter/Site: Skip Blunt

We are in the process of migrating to the web site utilized by Cummings - CPM (SenEarthCo.).
 
A guide for Co-Owners will be distributed by mail and a presentation will be made at the Annual Meeting in May on new web site access/operation.

Social: Kathy McGrath

The Board thanks the Social Committee for the successful Christmas party and greatly appreciates their excellent work.

Shared Costs: Mike Gudenau

Shared costs for the third quarter 2011 totaled $53,055.

LV share of costs totaled $12,894. LV paid $20,078 in shared costs.

HOA owes LV $7,267 (including an $83 adjustment from the second quarter, 2011) and Cummings will submit the appropriate invoice to the HOA.

Management: Sean Gartland

The Management packet distributed by Sean included the meeting agenda, Management Report, balance sheet, 4 month income statement w/budget variance, delinquent listing and attorney report.
New Business

A motion was made and approved to table the Signal 88 Security Proposal vote to allow for a review of the 2012 budget by Dennis and the Budget committee and report back to the Board at the January Board meeting with the objective of determining funding for the security patrols.

A schedule of Board meeting dates for 2012 was approved: January 19, February (no meeting), March 15, April 19, May 15 (Annual Meeting), June 21, July 19, August 16, September 20, October 18, November 29, December TBD. Meetings will start at 6pm and be held at the Cummings Office in Brighton-address TBD (in the Jimmy Johns Building).
 
Sean will have Signal 88 Security complete the vendor requirements to include obtaining a copy of their bonding/insurance documents for our legal review.
A motion was made and approved to investigate alternatives to foreclosure for the unit at 7632 Brookdale Ct.

The meeting was adjourned at 8:00 p.m.

The next Board meeting will be held on January 19 at 6:00 p.m. at the Brighton Cummings Office.

Respectfully submitted, Ted Grulikowski, Secretary