CRESTLAKE HOMEOWNERS’ ASSOCIATION
ANNUAL HOMEOWNERS’ MEETING
January 25, 2009
Prince of Peace Lutheran Church
Meeting called to order at 3:03 p.m.
ATTENDANCE:
BOARD MEMBER |
PRESENT |
ABSENT |
Jim Brock |
X |
|
Mike Anderson |
X |
|
Sandi Schopp |
X |
|
Jaime Kofoot |
X |
|
Cindy Ferry |
X |
|
Steve Quick |
X |
|
Phyllis Williams |
X |
|
Rick Edwards |
X |
|
GUESTS | ||
Dave Schopp | Jeff Kern | Elmer Nicklas |
Carol Tolley | Larry Tolley | Michele Guido |
Virginia Bolen | Tom Boaz | Dan Tweit |
Ernie Monk | Sheila Monk | Art Rapp |
Paul Duitsman | Matt Wolfersberger | Jeff Wooten |
Review of Treasurer’s Year-End Report
Review of Ponds Committee Report
Review of Neighborhood Events
– No immediate events planned
Nominations for Board members and explanation of Board member terms.
Motion to accept Paul Duitsman, Cindy Ferry, Elmer Nicklas and Mike Anderson to 2 year terms.
Motion made by Virginia Bolan
Seconded by Ernie Monk
Motion Carried
Explanation of pond work completed and pond work proposed as well as the outcome of ballots presented to homeowners for approval of loan regarding same.
– 65 "Yes" Votes
– 17 "No" Votes
– Ballot has carried in the affirmative
Discussion regarding Village Board election and reminder that we have no Crestlake representation on the Village Board.
Discussion regarding parking on E. Grand Avenue. Village attorney advised it was a Village ordinance and therefore not an issue for the Homeowners’ Association.
Discussion regarding loan on ponds
– Performance Bond
– Amortization
– Collateral and Terms (Homeowners’ Association loan – NOT individual homeowners’ loan)
– Income vs. Expenses
– Work gets more expensive the longer we wait. Therefore, it makes more sense to do it all at once.
Motion to move forward with pond renovation.
Motion made by Jim Brock
Seconded by Cindy Ferry
Motion Carried
New Business
– No new business offered
Virginia Bolen nominated herself to fill the last vacant Board position.
Motion to elect Virginia Bolen to the Board.
Motion made by Mike Anderson
Seconded by Steve Quick
Motion Carried
Motion to retain all remaining Board members to the end of their terms.
Motion made by Ernie Monk
Seconded by Virginia Bolen
Motion Carried
Motion to adjourn at 4:10 p.m.
Motion made by Jim Brock
Seconded by Mike Anderson
Motion Carried