February 22, 2016
Notice to all Homeowners:
It is that time of year for our Annual Homeowners Meeting. All homeowners are strongly encouraged to attend this meeting to discuss financial and operational matters pertaining to our community. The Board has reserved the following date and time for the meeting:
Tuesday, 29 March 2016
7-9:00PM
Sherwood Hall Library Meeting Room
Topics of Discussion:
– Review of Annual Budget
– Review of Current Maintenance Contracts
– Funding for Common Area Improvements
– Selection of New HOA Board Members
Homeowners may submit other topics of interest to the Board for discussion. As the current Board members’ commitment ends 1 April 2016, we must elect new members. Volunteers should send their names and a short summary of experience to the Board by 20 March. Traditionally, our HOA has had a hard time in finding volunteers for the Board positions. But it is critical that we as homeowners not allow our community to be without an active Board of Directors. If there is no Board, the following problems would surely affect our quality of life and our property values: (1) Lenders who are refinancing loans or financing resales and have no Board to respond to their queries may not approve the loan request; (2) Without a Board there would be no one to authorize and oversee maintenance of common areas (such as mowing & snow removal) and (3) there would be no one to oversee the collections of the assessments and expenditure of community funds. Our property management company (Jeffrey Charles) only collects the semi-annual dues and pays the bills that the Board authorizes. They do not hire, fire or arbitrate grievances with our maintenance contractors or residents.
Hope to see all our homeowners at the 29 March Annual Meeting. Please send any suggested topics for discussion or nominations to the Board to: bb.layman@hotmail.com