Meeting Minutes for May 2018


VILLAGE TOWN HOMES HOMEOWNERS ASSOCIATION

BOARD MEETING NOTES

Tuesday, May 8th, 2018

Attending: Clint Dalton, Aaron Lopez, Ron Steed, Jim Nebeker, Paul Beard and Jordan Lee

Absent: Lyle Page

BUSINESS:

  1. Review/approval of minutes from the prior meeting. Minutes from previous meeting were posted and approved.

  2. Review of financial statements/cash flows. Financial statements reviewed. No concerns.

  3. Accounts receivable discussion: Accounts Receivable were reviewed. One delinquent account will be sent to attorney.

  4. Annual Meeting will be held on Wednesday, June 13th, 2018 at 6:00pm.

  5. An update to insurance policy was made and board unanimously approved to reduce earthquake insurance from 18 million to 10 million to offset cost of new policy.

Landscaping:

CMI to has email Wasatch Landscaping about replacing dried, dead grass with sod and to remove dead trees. No reply from Wasatch Landscaping at the time of this writing.

Request to potentially have neighborhood high school student empty dog waste canisters once per week.

Painting:

No concerns at this time.

Decks:

No concerns at this time.

Roofs and Siding:

CMI will conduct Reserve Study to assess costs of replacing roofs in comparison with reserves in account..

Repairs have already been completed to siding damage from high winds.

Architecture:

Mortar repair (Pointing) completed on units.

Walks and Streets:

CMI has two bids to fill and seal circle drive in back of units. Bids were to be emailed to board members at the time of this writing.

Next meeting:

Annual meeting will be held on Tuesday, June 12th 2018 at 6:00pm. Location: Steps in Middle of Complex.

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