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Kings Park West Community Association

Board of Directors Meeting Minutes

April 11th, 2021

Board Members in Attendance:  Nancy Grant, Larry Velte, Maureen Pettis, Anthony Consumano, Mark Heppner

Meeting called to order:  7:34 p.m.  Meeting held virtually via Zoom video conferencing.

Approval of March 2021 Meeting Minutes:  Approved.

Treasurer’s Report:  March 2021 financials reflected the following:  one CAB Operating Account with a balance of $14,149.12; Cash in Transit with a balance of $0.00; two general fund CD's with balances of $5,521.60 and $5,504.65; one Reserve Study CD with a balance of $20,891.04; [Accounts Receivable - $6,261.03; Allowance for Bad Debts - ($3,905.41); Assessments Receivable - $259.90; Interest Receivable - ($258.63); Prepaid Expenses - $301.19]; total other current assets with balances of $2,658.08; bringing the total assets to a balance of $48,724.49.

Old Business:

New Business:

Hearing no further business, the meeting adjourned at 8:08 p.m.