Kings Park West Community Association

Board of Directors Meeting Minutes

April 8, 2020


Board Members in Attendance: Nancy Grant, Mark Heppner, Larry Velte, Maureen Pettis, James Bovino

Meeting called to order: 7:47 p.m. Meeting held remotely via Zoom video conferencing.

Approval of March 2020 Meeting Minutes: Pending review by board members. Secretary to provide for review. Approval delayed until May meeting or until board members can vote unanimously by email.

Treasurer’s Report: March 2020 financials reflected the following: one CAB Operating Account with a balance of $16,208.57; two general fund CD's with balances of $5,472.26 and $5,455.46; one Reserve Study CD with a balance of $19,713.39; [Accounts Receivable - $4,533.13; Allowance for Bad Debts - ($3,905.41); Assessments Receivable - $259.90; Interest Receivable - ($258.63); Prepaid Expenses - $301.19]; bringing the total assets to a balance of $47,779.86. Total Other Current Assets with balances of $930.18. Note: Treasurer will renew all three CD's on April 15, 2020.

Old Business:

New Business:


Hearing no further business, the meeting adjourned at 8:30 p.m.