Print

Kings Park West Community Association

Board of Directors Meeting Minutes

January 9, 2019

Board Members in Attendance:  Nancy Grant, Larry Velte, Maureen Pettis, Jim Bovino, and Carolyn LaRosa.

Absent: Mark Hepner, Jillian Mueller

Meeting called to order:  7:30 p.m.

Approval of December 2018 Meeting Minutes:  Approved 5-0.

Treasurer’s Report:  November 2018 financials reflected the following: one CAB Operating Account with a balance of $13,891.15; two general fund CD's with balances of $5,344.24 and $5,327.83; one Reserve Study CD with a balance of $17,299.10; Other Current Assets with balances of $5,676.17 (Accounts Receivable - $7,396.49; Allowance for Bad Debts - ($2,282.68); Assessments Receivable - $259.90; Interest Receivable - $1.27; Prepaid Expenses - $301.19); bringing the total assets to a balance of $47,583.49. 

Old Business:

New Business:

Planning for the annual meeting of the KPWCA HOA - Larry Velte will reserve the Laurel Ridge meeting room for either May 15 or May 22, 2019.  Maureen Pettis will have a draft budget to discuss for the next monthly meeting in February.

Changing ordinance on signs in people’s yards. The Braddock Beacon indicated that there will be a discussion on changing some rules in the ordinance by the Board of Supervisors on February 5.  Not sure how it will affect HOAs  

Hearing no further business, the meeting adjourned at 8:15 p.m.