2014 annual property owners’ meeting · 2014 surplus through oct = $109,088 governor's...

2014 Annual Property Owners’ Meeting

November 11, 2014

Six Neighborhoods – One Community

Presiding: Wes Weaver

Governor's Village POA

Special Welcome to our New Neighbors (please stand!)

37 Purchases of Existing Homes

Including 10 new homeowners in the Townes

WELCOME ALL NEW NEIGHBORS!


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Call to Order (Quorum = 10% = 51 Lots)

Welcome & Introductions – Wes Weaver

Election of Directors – Rosemary McGee

Board Updates – Otto White

Financial Report – John Eberhard

Volunteer Recognition – Daniel Guy

Questions and Answers – Wes Weaver and Board members

Adjournment – 8:45 PM Please

Questions? Please fill out a blue card from registration table


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2014 Governors Village POA Board Members

Wes Weaver – President, Village Director & Recreation Liaison

Rosemary McGee – Vice-President, Forest Director & ARB Liaison

Cliff Simpson – Secretary, At-Large Director & Social Liaison

John Eberhard – Treasurer, At-Large

Otto White – At-Large, Grounds Liaison

Bill Hlavac – Lake Director & Safety Liaison

Daniel Guy – Park Director & Communications Liaison

Peter DeStaebler – Townes of Governors Village Director

LaVerne Blankenship – Manager, Camden Gov. Village


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2014 Townes Board of Directors

Peter DeStaebler – President, Liaison to the Governors Village Board, Townes Grounds Committee

Adele McLean – Treasurer

Bob Arutt – At-Large Member


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Talis Management Group – Team Members

Alina Cochran – Community Manager

Alexis Stevens – Community Service Administrator

Linda Fisher – Accounts Receivables Manager


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Treat all individuals with respect

Protect home values

Provide opportunities for residents to connect

In many dimensions, be the best place to live in

the area


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The GV POA, through the oversight and authority of its Board, is responsible for:

Beautifying common areas;

Providing community activities and amenities;

Design and enforcement of protective covenants;

And as a result of these activities -

Protecting Property Values.


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Wes Weaver – Governors Village

Bill Hlavac – Governors Lake

Peter DeStaebler – Townes of Governors Village

Ted Smith– At-Large

Nomination Process – Two Ways

By Board of Directors from Applicants

By 10% Petition (none this year)

Directors chosen by the Board to fill a vacancy must stand for election at the next Annual Meeting


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DANIEL GUY

Governors Park

BILL HLAVAC GOVERNORS LAKE


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WES WEAVER GOVERNORS VILLAGE

DANIEL GUY

Governors Park

TED SMITH

AT-LARGE


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PETER DESTAEBLER

TOWNES OF GV

Unopposed - By Acclamation

Village Director – Wes Weaver

Lake Director – Bill Hlavac

Townes Director – Peter DeStaebler

At-Large Director – Ted Smith

May We Have a Motion Please?


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IMPROVEMENTS

Pool

New contract to include adding a maintenance person to clear debris in the mornings, pool shifts have been changed slightly but open hours will remain the same.

Purchased the salt chlorine generator.

Purchased a power vacuum for the pool and approved an acid wash to be done in the spring.


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IMPROVEMENTS

Grounds - Neighborhood Enhancements

New plantings/landscaping and tree

replacements

Work scheduled for grading improvements

Daffodil bulbs to be planted throughout the

community


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Governors Village retail buildings are 100%

occupied. – Bold Building is at its highest

occupancy ever!

An additional commercial building will likely be

completed in 2015 with retail on the first floor and

office on the second floor.

Please support the current businesses, if you want

more retail occupants!

A vibrant, healthy central business district is

attractive to residential buyers.


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No increase in assessments

Continue to fund Capital Reserves at Reserve Study

recommended levels

Continued commitment to Neighborhood Enhancement

Program

Maintain and improve natural and physical assets of

the community


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By John Eberhard

Treasurer


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INCOME STATEMENT SUMMARY

2013 income = $554,772

2013 expenses = $466,661

2013 surplus = $88,111 (added to reserve

balance)

2014 surplus through Oct = $109,088


Cash Assets Operating (Checking) $144,396

Builder Deposits $ 5,001

Reserve Money MKT $243,547

Reserve CDs $ 83,998

Paint Fund $ 5,467

$482,409

Other Assets Prepaid Expenses $ 690

A/R Reserves from Operating $126,872

Accounts Receivable (Assessments) $ 12,569

$140,131

Total Assets $ 622,540


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Liabilities

Prepaid Assessments $ 5,500

A/P Accrued Expenses $ 2,336

A/P Operating to Reserves $126,872

Builder Refundable Deposits $ 10,000

Total Liabilities $144,709


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Income

Assessments: $ 548,064

Residential $ 351,921

Apartments $ 32,168

Commercial $ 775

Townhomes $ 163,200 (Assessment Transfer)

Other $ 7,312

Total All Income $ 555,376


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2015 BUDGET ASSESSMENT INCOME BY NEIGHBORHOOD


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Expenses

Utilities $ 67,546 Grounds Maintenance $ 210,677 Committees & Programs $ 8,850 Recreation $ 25,361 Pool Contract $ 30,497 General Administration $ 72,185 Reserves $ 76,288 Loan Repayment to Reserves $ 54,845 Insurance $ 8,127 Contingency $ 1,000

Total All Expenses $555,376


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Parks and Improvements Loan was paid in full 2.3.14. Final payment was $31,968. Original note was $400k in 2006.

Neighborhood Enhancement program balances have a 1 year expiration. However, the board may extend expiration of these funds if a neighborhood has a plan for the funds and is making progress towards completion.

Neighborhood Enhancement total balance = $63,234.

Cash reserve balance ~$270k v. $378k reserve study goal @ end of 2014.


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By Daniel Guy


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Our Hosts at Mt. Carmel Baptist Church

Slides and Photos

The Communications Committee

Especially –

Susie Moffat

James Glenos

Ted Smith


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Architectural Review Board

Debbi Nichols, Chair

Dan Spinner, Vice – Chair

Terry O’Brien

Ken Brady

Ted Smith

Frank Ferreira

Jack Sehadi


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Social – Janie Bailey

Grounds – Steve Simon and Rosemary McGee, Forest Bill Hlavac, Lake

Jo Watta, Park Jennifer Leonard, Village Peter DeStaebler, Townes

Communications – Ted Smith Photography – Ted Smith New Neighbor Welcome – Terry Landers

Recreation – Trent Leonard Special thanks to Barry Bassett (“Pool Man Extraordinaire”)

for the many years of service. Special thanks to Otto White for his 6 years on the Board.


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We

Appreciate

Your Support

and Your Efforts


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ARB Deadlines – Meeting is Second Tuesday of each month – Deadline is 5 PM of Wednesday before meeting – Get info from and send applications to Community Manager at Talis Management

Board Meetings – Held Third Thursday of odd # months – 6:30 PM

Contact Talis to confirm time and place


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This presentation posted on GV websites

www.talismgmt.com

and on

www.governorsvillage.org

For Governors Village Yahoo list-serve

Email to:

[email protected]

Include your name, address and phone #


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Questions

and

Answers


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Thank You

For Attending

Your 2014

Annual Meeting


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2014 annual property owners’ meeting · 2014 surplus through oct = $109,088 governor's...

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