Kings Park West Community Association

Board of Directors Meeting Minutes

September 14, 2022

 

Board Members in Attendance:  Larry Velte, Maureen Pettis, Mark Heppner, Diane Jeffers, and Sharon Decker.

Meeting called to order:  7:37 pm. 

Approval of August 2022 Meeting Minutes:  Approved.

Treasurer’s Report:  August 2022 financials reflected the following:  one CIT Operating Account with a balance of $10,541.69; two general fund CD's with balances of $5,522.43 and $5,505.47; one Reserve Study CD with a balance of $21,894.22; [Accounts Receivable - $5,664.43; 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 $2,061.48; bringing the total assets to a balance of $45,525.29.

Old Business:

  • Tree Work: Vendor completed work trimming the holly trees at Commonwealth Boulevard and Sideburn Road.
  • Unkempt Properties: Board sent letter to homeowner whose property is in violation of KPWCA covenants and county zoning provisions.  Board will follow up on progress of cleanup.

New Business:

  • KPW Herald: Board will submit an article for the next issue.
  • Board Meeting Schedule: Next meeting is scheduled for October 12, 2022 at Laurel Ridge Elementary School.

Hearing no further business, the meeting adjourned at 8:01 pm.