1 / 14

Annual General Meeting

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.

Download Presentation

Annual General Meeting

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Annual General Meeting Home Owners Association Tuesday , October 11th, 2011

  2. 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

  3. Meet the Directors • Brad Halbach • Shelyza Vasisht • Chadd Merrigan • Anna Martca (Interim Director) • Ashish Arora – (Interim Director)

  4. 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 • Shobit > Anna Martca • Venkat > Ashish Arora

  5. 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

  6. Projects In Progress • New swings in Phase 2 Park(Redmond Grant) • Drainage upgrades in Phase 3 North Park • Tree Replacement • Buffer around ponds

  7. YTD Income & Acct. Balances

  8. 2011 Expenses

  9. Annual Dues for 2012 • 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 • Reserve Funds • $70,000 reserve has been established • Current reserve is sufficient and for future emergencies

  10. 2012 Budget Income

  11. 2012 Budget Expenses

  12. Open Nominations • What are you passionate about? • Parks, Events, Administrative, Social • Your chance to make a difference! • Influence community decisions

  13. Election of Directors • 2 Director posts up for elections • Term ending 2014. • Canidates for Director’s posts • Anna Martca • Ashish Arora • Any other nominations ???

  14. Open Forum • Question and Answers

More Related