Kings Park West Community Association
Board of Directors Meeting Minutes
May 10, 2023
Board Members in Attendance: Larry Velte, Carolyn LaRosa, Maureen Pettis, Mark Heppner, Sharon Decker, and Diane Jeffers.
Meeting called to order: 7:29 pm.
Approval of April 2023 Meeting Minutes: Approved.
Treasurer’s Report: April 2023 financials reflected the following: one CIT Operating Account with a balance of $10,294.65; two general fund CD's with balances of $5,524.08 and $5,507.11; one Reserve Study CD with a balance of $22,901.02; [Accounts Receivable - $8,184.34; 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 $4,581.39; bringing the total assets to a balance of $48,808.25.
Old Business:
- Tree Work: Board paid vendor for removing hazardous tree near 4840 Allenby.
- Unpaid Assessments: Board still waiting for Burke Community Management Group to provide Board with a roster of homeowners with current liens in place. Board needs this information to work with attorney to develop plan for collecting unpaid assessments owed to KPWCA.
- Annual Meeting: Board will hold annual membership meeting on May 17, 2023, at Laurel Ridge Elementary School (LRES). Sharon Decker, Mark Heppner, and Larry Velte are up for reelection to the Board.
New Business:
- Tree Work: Board will solicit bids from vendors to remove fallen pine tree by KPWCA entrance at Commonwealth and Twinbrook.
- Landscaping: Board will solicit bids from vendors to landscape the KPWCA entry at Sideburn and Commonwealth.
- Board Meeting Schedule: Next meeting scheduled for June 14, 2023, will be at LRES.
Hearing no further business, the meeting adjourned at 8:12 pm.