Kings Park West Community Association

Board of Directors Meeting Minutes

April 8, 2015

In attendance: Larry Velte, Mark Heppner, Linda Fournier, Maureen Pettis, and Jillian Mueller

Meeting called to order: 7:35 p.m.

Approval of March Meeting Minutes:   Approved 5–0

Treasurer’s Report:  Checking account balance is $18,593.63; accounts receivable balance is $1,637.96; two general fund CD’s in the amount of $5,337.71 and $5,334.32; and reserve study CD is $17,582.13, bringing the total to: $48,485.75.

• Liens – The HOA currently has 5 outstanding liens on four separate properties for the nonpayment of annual assessments.

Old Business:

• Streambed Erosion – No updates.
• Annual Tree Survey – Scheduled for Saturday, April 11, 2015.   

New Business:

• Civic Association Relationship – The Board determined that membership within the Community Association is limited to only those homes designating them as members through their property deed of trust and that the Community Association cannot take over Civic Association responsibilities or funds.
• Annual Meeting Preparation – The Board reviewed the proposed budget, and it will be provided to members at the annual meeting.  The Board will have two positions open for election at the annual meeting.  The annual meeting is scheduled for May 11, 2015.

Hearing no further business, the meeting adjourned at 8:20 p.m.