Minutes - Board of Directors Meeting 2010

Cedar Creek Property Owners Association, Inc. Board of Directors Meeting
Agenda:
 
  • Call to order
  • With Mr. Zimmerman, Mr. Davis, Mr. Garrison, Mr. Dill and Mr. Berens present a quorum was established and called to order at 7:00 pm on Monday, October 18th at the Cabana on Creek Run Drive

  • Reading of minutes of September 20, 2010 Meeting - Mr. Garrison
  • Mr. Garrison read the meeting minutes. The managers report from MMI was not attached and was noted

  • Mr. Berens motioned to accept the minutes with noted changes

  • Mr. Dill seconded the motion

  • All were in favor

  • Treasurer's report
  • Mr. Dill reviewed the September financials for the Association

  • Introduction of new property manager and management company
  • Manager’s introduction was provided by Compass Group

  • Currently there are 12 pages of violations outstanding

  • Property Manager’s comments – Vic Burnett
  • The comments were handled during the introduction

  • Presidents Remarks
  • Two  owners have not paid their 2008, 2009 and 2010 assessments. 4 owners have not paid their 2009 and 2010 assessments. 5 have not paid their 2010 assessments. Late fees are assessed at $47.50 and daily interest at $0.47 per diem. Three owners were late paying their $950.00 Assessments, but did not pay their late fee or interest. The accounts receivable total nearly $37,977.45 as of today. This figure includes $13,810.64 in property upkeep and maintenance of abandoned homes. All of the above properties have been referred to the Association for foreclosure

  • There are 8 vacant properties. The association is maintaining 4 of them.

  • There are 11 properties that we know of in Cedar Creek, that are in foreclosure with their banks. All of the properties owe the Association $1,100.00 or more

  • We now have 13 home listed for sale in Cedar Creek. However, there have been 11 properties sold this year

  • Welcome the new property manager

  • Committee Reports
  • Neighborhood watch – Angela Elmore

  • Pool, spa & cabana - Ed Curkovic/Jim Riordan

  • Web site- Greg Coury

  • Architectural Review – Karen Devoll

  • Improvement – Pat Zimmerman

  • Estimates for re-strapping the pool chaise and the chairs will have to be compiled

  • The membership is working on estimates for changing out the air conditioner for the cabana, which will require some reconfiguration. A proposal is pending

  • Maintenance – Peter Allard

  • Nothing to report

  • Nominations - Dennis Berens

  • Nothing new to report

  • Street Rep Reports

  • Nothing new to report

  • Old business
  • Barcode distribution status

  • 20-25 properties were issued stickers this evening. There are 73-75 homes still needing to pick up stickers and clickers

  • New business
  • Progress on budget preparation

  • 2011 preliminary budget meeting has been scheduled for Wednesday, October 20th at 10:00 am to develop the preliminary budget

  • Questions and comments from the floor
  • One of the residents had a few items that he wanted to give away. Mr. Davis will add them the news letter

  • Next Board meeting –
  • The next meeting will be the 2011 budget meeting and is scheduled for November 15th at 7:00 pm in cabana

  • Adjournment
  • Mr. Dill motioned to adjourn at 7:19 pm

  • Mr. Garrison seconds the motion

  • All were in favor