December 2017 Minutes
All members were present.
Annual meeting was called to order by Joe Terrible at 12:01 PM.
Joe explained the ballot process.
The annual assessment stays the same.
The annual budget was approved. The income for maintenance was based on receiving 90% of the annual assessments, but we only receive 71%. It was agreed to change the projected budget for 2019 to receiving 80% if the annual assessments.
Financials to data:
Back fees -$28,946.26
Maintenance fees, mailings etc -$ 8,355.00
Fees -$ 60.00
Insurance -$ 3,844.00
Balance in checking and savings $105.850.00
Minutes were approved as read
Board responded to questions regarding road maintenance, maintenance fees and collections
There was discussion regarding where to store any material that the road committee could acquire for maintenance. Mike agreed to allow storage on 2 acres of his property.
Meeting of new board members was held after the Annual Meeting was adjourned.
Joe Terrible was elected president
Beverly Karsch was elected secretary
Jessamyn Trane was elected treasure
There will be no vice president position at this time. The secretary will preside over meeting in the president’s absence.