Kings Park West Community Association
Board of Directors Meeting Minutes
August 11, 2010
In attendance: Joe Meyer, Armand Fournier, Jim Messinger, Mark Heppner
Meeting called to order at 7:30pm.†
Approval of June Meeting Minutes: The July minutes were reviewed and approved.† Armand motioned to approve them, Jim seconded.† Approved 4-0.
Treasurerís Report: The Board was informed that the current checking account balance is $9,753.08; there are two general fund CDís in the amount of $5,162.50 each; three general fund CDís in the amount of $5,308.04 each; and the reserve at $10,789.46 bringing the grand total to: $46,791.60. The operating CDís will mature on August 26, 2010.
Assessment Response:† Eight liens were filed on properties with past due accounts- there are existing liens on these households.†
The Board recently became aware that one of the eight households with liens was going into a bank-initiated foreclosure.† Accordingly, the HOA may not be able to collect its past due assessments.
Old Business: †
Jim presented a draft latter for an ďeasy payment planĒ for the households with existing liens. The Board will discuss further at the next meeting.
Trees:† Upon further review, it became apparent that the Tree #2 on Bessmer Lane was not on HOA property and the contract to remove the tree was cancelled.† The Board decided to seek an additional quote and opinion on Tree #3 on Ashcroft.
Duties:† Joe provided a typed summary list of Board duties and responsibilities.† Discussion of how to assign the drafting detailed procedures and descriptions of the duties and responsibilities† will be addressed at the next Board meeting.
Fence:† The Board discussed the approval of a fence on Pumphrey.
Tree House:† The Board discussed the approval of a tree house structure on Pumphrey.
Hearing no new business, Armand motioned to adjourn, Jim seconded. Adjourned at 8:20 P.M.