Call to Order
Board Members present: Steve Stemhagen, Karen Ekdahl, Wilbur Dukes, Harold Mattoon, and Georgia Schneider
Community members present: 14 total
Approval or Correction of January minutes (no meeting in February)
Minutes were accepted.
Treasurer’s Report
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| March 7, 2015 Treasurers Report |
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INCOME TO DATE |
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| 2014 Dues (past due balances paid) | 3,512.00 |
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| 2015 Dues | 71,476.90 |
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| Equipment Sell (Case Tractor) | 2,580.00 |
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| Interest | $1.74 |
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| Gate Clickers purchase | 30.00 |
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| 2015 Special Assessment | 11,682.40 |
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| Total income | 89,283.04 |
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Banking Information |
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| Checking accounts |
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| Savings accounts |
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| Key Bank | 94,997.75 |
| Key Bank | 19,904.57 | |||
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| Sound Credit Union | 18,128.31 |
| SCU (Roads - $200 x 12 for 2015) | 2,400.00 | |||
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| Total | 113,126.06 |
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| 22,304.57 | |||
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| (28,198.00) | 2014 Beach assessment (on hold) |
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| (11,682.40) | 2015 Special Assessment (on hold) |
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| (900.00) | 2016 Tank Cleaning accrued account |
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| Balance/checking accounts | 72,345.66 |
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| Members owing: |
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| 2 members in collections for past/present dues |
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| 1 member (3 properties) in legal proceedings |
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| 13 members on Dues payment plans |
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| 11 members Dues outstanding |
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EXPENSES TO DATE |
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Accountant |
| 1,772.00 |
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Community Maintenance |
| 230.00 |
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Legal |
| 275.00 |
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Misc supplies |
| 78.00 |
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Office supplies |
| 49.00 |
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Property Liens |
| 220.00 |
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Utilities |
| 624.00 |
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Water tank cleaning (accrued) |
| 900.00 | Jan/Feb @ $450 per month | ||||||
Water/Sewer Tech |
| 5,000.00 |
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Water/Sewer Maint |
| 1,001.00 |
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| 10,149.00 |
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To SCU (Road Repairs) |
| 2,400.00 | $200/month for 12 months (2015) | ||||||
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| 12,549.00 |
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President’s Report
The Board has decided to discontinue our business with Peninsula Lawn and Garden in regards to TBBC needs. We have hired Melody Gamble (licensed & bonded) to maintain our ditches and community property as needed. Melody lives in our community and has started work 3/6/16.
Old business
Water System:
Overflow pipe needs screen (still in progress)
A sample tap needs to be installed prior to chlorination injection
(still in progress)
Sewer System:
A backflow preventer needs to be installed in-line at blowers
(still in progress)
Electrical fixes in UV light shed (still in progress)
S&L assessment of sewer plant
This assessment was finally emailed to us listing various items that need to be repaired/replaced/upgraded at our sewer plant. More information on this will be provided at our semi-annual Members Meeting on May 2nd.
Beach Repairs
We are hoping to begin repairs sometime in May. More information on this will be provided at our semi-annual Members Meeting on May 2nd.
Accounting fees increase
Our CPA firm has increased our base fee from $375 to $500 per month.
Board member vacancies
We will have 2 vacancies to fill on the Board.
Nominations and voting will take place at Members Meeting on May 2nd.
Calendar – The next Board of Trustees meeting will be held on Saturday, May 25 @ 10:00am either at our beach cabana (weather permitting) or the fire station.
Adjourn Open meeting