WELCOME!Woods Creek Property Owner’s Association Meeting

Agenda• Introductions – Todd Loesch• Open positions/Voting – Todd Loesch• Successes – Jim Ebersole• Financials – Todd Loesch• Management Process – Larry Kelly• Initiatives/Programs – Hugo/Pete• 2014 Planned events – Lainie Many• New Development – Bart Bauer• Q & A - All

Welcome & Introductions – Todd Loesch

• POA Officers and Board Members• Todd Loesch– President• Dan Worley - Secretary• Hugo Lopez- Board• Jim Ebersole - Board• Lainie Many - Board• Pete Davis - Board• Open– Board• Open- Board• Bart Bauer – Development Advisor

• Management Company• Larry Kelly

Open Positions/Voting – Todd Loesch• POA Officers (1 year term)

Todd Loesch President as of 5/31/2014Board needs to appoint a President and VP/TreasuerBoard will decide at the May POA Board Meeting

• Board (2 year term)Replacement for Jeremy Mincke and new Board positionJim Ebersole up for re-election

InterestedKen Smith

Successes – Todd Loesch99% Collection rate for past 2 years

Bentonville has accepted a safety improvement plan 3 Way Stop Sign and new cross walks added to Marina and Woods Creek

Town has committed to additional stop signs/cross walks as our development continues to grow

Back to School event Well attended and a lot of fun in 2014. More events planned for 2015

Created Neighborhood Watch Program Signs are now in place

Woods Creek ACC Guidelines As our community continues to grow it is critical that we have aesthetic continuity

Woods Creek 2015 BudgetDues and Budgets

Lawn Maintenance

Property Management

Pool Maintenance

Cleaning Service for Pavilion

Utilities

Insurance

Property Taxes

Past Property Taxes

Supplies

Website Hosting

Internet/Phone

Post Office Box

General Maintenance

Attorney Fees

Expenses Total

Potential Revenue

2014 2015

22,200.00 34,800.00

9,999.00 15,000.00

3,818.30 3,818.00

2,658.00 2,925.00

4,000.00 4,000.00

1,335.00 1,335.00

2,500.00 2,500.00

0.00 0.00

1,200.00 1,200.00

120.00 120.00

960.00 960.00

52.00 52.00

5,000.00 5,200.00

1,000.00 1,000.00

61.843.26 77,650.00

201@400= 80,400

POA Management – Larry Kelley• ACC Process

Please contact Larry Kelley’s Office479-273-2300

• Compliance ProcessAll issues need to be reported to Larry Kelly’s office

• Not all issues are the same and will be handled accordingly per direction of the covenants. Board makes final decision on what action to take.

• Billing and CollectionsDues are due by May 1st

• Payments received after May 31st will incur a 10% late fee and further collection process

Initiatives/Programs – Hugo/Pete• Upper Pond on Marina

Floating Pond Dock with Benches Picnic tables All Grass being maintained Trail around Pond? Live Stock

• Pool/PavilionBasketball Court

Adding 2 new hoops and expanding the existing courtJungle Gym/Swing SetBocce Ball Court

Community Building – Lainie Many• Facebook Group – “Woods Creek of NWA”

• Welcoming New Neighbors – Volunteers/Donations

• Event Planning – Volunteers/Donations

• Quarterly Newsletter

• 2014 Events• Spring Clean up – Rained out on 4/18, new date coming• Spring/Fall Garage Sale – Spring completed/ Fall TBD• 4th of July (date TBD)• Back to School (date TBD)• Halloween Boo Your Neighbor (date TBD)

• Contact Lainie @ lsm1282@gmail.com

New Development – Bart Bauer

• Amber Ridge• All lots sold to builders• 14 of the 30 lots already

have construction or plans to start in the next 3-5 months

• Next Phase• 14 lots behind Woods

Creek Estates

Q & A