Lake Villas at Pine Creek Ridge
Lake Villas at Pine Creek
Board of Directors' Meeting Minutes
January 20, 2010
Directors / Officers in Attendance:
Ted Grulikowski, Rod McGraw, Tim Lynch, Lou Mitchell, Dennis Cunningham
(phone) and Ginny Wennerberg (phone).
Cummings Property Management in
Attendance: Nick Hamers
Others in Attendance: Mike
Gudenau
The Board meeting was called to order at 6:35 p.m.
A motion was made and seconded to approve the minutes of the December
17, 2009 Board meeting.
Treasurer's Report: Tim Lynch
· Current cash position is $32,955 as of December 31 and reserves total
$115,358.
A motion was made and seconded to approve the Treasurer’s report.
The following actions were taken following a discussion of LV
financials:
· A motion was made and seconded to approve the transfer of $30,600
from Operating Cash to Reserves.
· A motion was made and seconded to approve the transfer of $3,000 each
month in 2010 from Operating Cash to Reserves.
· Tim will present a report during the May 18 Annual Meeting on the
financials to include Budgeted Operating Activities and Reserves.
Management Report - Past
Dues/Assessments: Nick Hamers
We have one delinquency that has now moved into a
foreclosure. Nick and Counsel will continue to follow for collection of
past dues.
Social: Mary Ann Mitchell & Mary
Ann Chrzanowski
· The Social Committee is preparing a questionnaire to be mailed
to all Co-Owners requesting input on various social activities.
Shared Costs: Mike Gudenau
· Mike indicated that the Bluffs will become a more active
participant in shared cost discussions.
Lime Lake Project: Don Lee
· Work continues on the Lime Lake Sprinkling System Project.
Base forms for the pump house, transformer and pumps have been poured.
Next step is to mount the pump house and pumps in February.
New Business:
· The Annual Meeting will be held on May 18, 2010 at 7:00 p.m.
at the Clubhouse. A dry run will be held on May 5, 2010 at 9:00 a.m. at
the Clubhouse. Nick will send last year’s Annual Meeting Power Point
Presentation to Board members to assist in developing this year’s
agenda.
· Lou suggested that the recent letter from Cummings to Co-Owners on
automatic bank account withdrawals for dues and potential other costs
require clarification. It is the opinion of a number of Co-Owners that
automatic withdrawals should be limited to dues only. The Board will
follow with Cummings for resolution.
· The HOA Executive Committee and Counsel approved the LV proposal on
additions to current shared cost common elements. All parties should
approve the proposal by end of February.
· Driveways in LV appear to be deteriorating more than normal this
winter and at least one driveway needs to be repaired as quickly as
possible. Nick will follow.
· Dennis Cunningham and Chuck Galdes will install bands on LV mailbox
posts this spring to protect the posts from weed whip damage.
· Mike White will paint the four street signposts in LV and install
bands around the bases this spring.
The meeting was adjourned at 8:10 p.m.
The next Board meeting will be held on March 17 at 6:30 p.m. at the
Brighton Library. Board members / others that are out of the area may
call in using 712-432-1690 and enter the access code 790126#.
Respectfully submitted, Ted Grulikowski