September 2017 Board Minutes

WESTOVER WOODS  SEPTEMBER 18, 2017 BOARD MNUTES

PLACE: Bill Slykas' Home

ATTENDEES: Bob Stewart, Mike Lowden, Greg Ebert, Karen St. Clair, Cheryl Simpson, Bill Slykas, PGS Larry Edwards, and Susan Keene.

APPROVAL OF LAST MEETING,S MINUTES:

Minutes were approved by motion of Mike Lowden with 2nd. by Greg Ebert.

GENERAL PRESIDENTS REPORT:

Larry and a homeowner have discussed the tree issue at the SW corner of the community.  Bob will also follow up with that homeowner and report back at next meeting.

FINANCIAL:

YTD: $$115,200.00

The remainder of the meeting was devoted to the development of the Community Budget for 2018 with the following preliminary amounts per category:

Revenue

Maintenance Fee......................$115,200.00

WW Exterior Maintenance

Building/Painting/Brick Walls.....$5,000 .00

Roof Repairs..............................$1,500,00

Roof Replacement.....................$28,000.00

WW Beautification

Ground Maintenance...............$1,500,00

Development............................$500.00

Entrance...................................$5,000.00

Irrigation...................................$750.00

Pond.........................................$13,270.00

WW Contracted Services

Mowing.....................................$13,200.00

Fertilization...............................$3,000.00

Trash Removal.........................$6,852.00

Snow Removal.........................$3,000.00

WW Utilities

Duke Energy..............................$1,500.00

Water.........................................$600.00

WW Administrative

Management.............................$5,376.00

Office.........................................$500.00

Insurance..................................$23,500.00

Taxes.........................................$500.00

Legal..........................................$500.00

                                   TOTAL     $114,478.00

Susan will refine the budget and bring to next meeting.

Next month’s meeting to be held at Mike Lowdens' home on October 31,2017 at 6:00pm.

ADJOURMENT:

Motion to adjourn was made by Mike Lowden and 2nd. by Greg Ebert

Respectfully submitted,  Bill Slykas, Secretary