Annual general meeting
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Annual General Meeting. Home Owners Association Tuesday , October 11 th , 2011. Today’s Agenda. Meet the Directors President’s Update Highlights for 2011 Project Report 2011 – Finance Report Proposed 2012 Budget Elections and Voting Question and Answers. Meet the Directors.

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Annual General Meeting

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Annual general meeting

Annual General Meeting

Home Owners Association

Tuesday , October 11th, 2011


Today s agenda

Today’s Agenda

  • Meet the Directors

  • President’s Update

  • Highlights for 2011

  • Project Report

  • 2011 – Finance Report

  • Proposed 2012 Budget

  • Elections and Voting

  • Question and Answers


Meet the directors

Meet the Directors

  • Brad Halbach

  • Shylleza Vasisht

  • Chadd Merrigan

  • Anna Martca (Interim Director)

  • Ashish Arora – (Interim Director)


President s update

President’s Update

  • Woodbridge home values strong in current market

    • # 12 homes sold Year to Date

    • Most homes are not on the market very long

  • Stolen Funds Recovered – Criminal Case Finalized

    • Amount of $54,860 on March 4th, 2011

  • Director Changes

    • Shobhit> Anna Martca

    • Venkat > Ashish Arora


Highlights and updates for 2011

Highlights and Updates for 2011

  • 4th of July – Great turn out and great weather

    • More ice cream and popsicles next year

      Completed Projects

  • Irrigation Upgrades

    • Areas with no coverage new zones installed

    • Relocation of sprinklers around swings

  • Bench Replacement

  • Rubber tile installation in playground


Projects in progress

Projects In Progress

  • New swings in Phase 2 Park(Redmond Grant)

  • Drainage upgrades in Phase 3 North Park

  • Tree Replacement

  • Buffer around ponds


Ytd income acct balances

YTD Income & Acct. Balances


2011 expenses

2011 Expenses


Annual dues for 2012

Annual Dues for 2012

  • Reserve Funds

    • $70,000 reserve has been established

    • Current reserve is sufficient and for future emergencies

  • Dues to go down to $500 SF and $300 TH

    • We continue to reduce fees annually but want to continue to budget for projects

    • Projected $65,000 checking balance at EOY

    • We are issuing a one time credit toward 2012 dues.

      • $150 SF and $90 TH – Credit

      • Net 2012 dues: $350 SF and $210 TH


2012 budget income

2012 Budget Income


2012 budget expenses

2012 Budget Expenses


Open nominations

Open Nominations

  • What are you passionate about?

    • Parks, Events, Administrative, Social

  • Your chance to make a difference!

  • Influence community decisions


Election of directors

Election of Directors

  • 2 Director posts up for elections

  • Term ending 2014.

  • Candidates for Director’s posts

    • Anna Martca

    • Ashish Arora

    • Any other nominations ?


Open forum

Open Forum

  • Question and Answers


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