Transcript WELCOME GRAND OAKS HOMEOWNERS

WELCOME
GRAND OAKS HOMEOWNERS
Grand Oaks Homeowners Association
All Community Meeting, February 7th, 2007
AGENDA
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Report on Quorum
Introductions
Background
Goals and Results
Budget Overview
Volunteers Needed
Looking Forward
Election of Board Members
Questions / Discussion
Adjourn
Grand Oaks Homeowners Association
All Community Meeting, February 7th, 2007
BOARD OF DIRECTORS
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Rolland Baxter, President
Aly Welkley, Secretary
Paul Sanchez, Treasurer
John Clark
Vacant
Grand Oaks Homeowners Association
All Community Meeting, February 7th, 2007
LANDSCAPE COMMITTEE
• Renee Brooks, Chair
• Leigh Stoller, Vice Chair
• Ron Sims, Secretary
• Corinne Sims, Secretary
• Ron Prevost
NEWSLETTER COMMITTEE
• Denise Limon, Chair
• Chris McDonald, Vice Chair
• Sandi Morris, Secretary
• Karen Crist, Editor
• Payton James-Amberg, Webmaster
Grand Oaks Homeowners Association
All Community Meeting, February 7th, 2007
RECREATION COMMITTEE
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Kelly Manhard, Chair
Randy Joss
Ed Crist
Liz Doyle
Tracy Elmshaeuser
ARCHITECTURAL REVIEW COMMITTEE
• Barry Vanhoff
• Leigh Stoller
• Al Blase
Grand Oaks Homeowners Association
All Community Meeting, February 7th, 2007
BACKGROUND
• Development started in 1999
• Initial Board represented Developers
• Legend Homes took over from Pahlisch
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Homes in September, 2002
Transitional Advisory Committee (TAC)
formed July, 2005
Committees appointed and became active
New owner-represented Board elected
June, 2006 (Turnover)
New Architectural Review Committee
established
Grand Oaks Homeowners Association
All Community Meeting, February 7th, 2007
GOALS AND RESULTS
GOALS:
• Form and strengthen committees
• Increase communications
• Focus attention on budget
RESULTS:
• Committees functioning well
• Need additional volunteers
• Quarterly newsletter published
• Website established
• 2007 budgets adopted
• No increase in fee for either Summit or Grove
Grand Oaks Homeowners Association
All Community Meeting, February 7th, 2007
OPERATING BUDGET OVERVIEW
Total Summit Budget = $240,937 (293 properties)
Clubhouse
$30,658
$43,165
Landscape
$10,000
Pool
Mgt & Admin
$85,619
$49,415
$22,080
Grand Oaks Homeowners Association
All Community Meeting, February 7th, 2007
Contingencies
Reserves
OPERATING BUDGET OVERVIEW continued
Total Grove Budget = $40,653 (78 properties)
Reserves
$2,970.00
$5,000.00
Contingencies
$32,683.00
Landscape
Grand Oaks Homeowners Association
All Community Meeting, February 7th, 2007
WHAT THE OPERATING BUDGETS
INCLUDE
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Continued operation at historic levels
Possible part-time pool attendant
Update of reserve study
Review of clubhouse storage and access
needs
Grand Oaks Homeowners Association
All Community Meeting, February 7th, 2007
RESERVES
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Reserve Balance is $141,622 (Dec 2006)
Reserves are required by State Law
Reserves fund replacement or major
repair of:
Pool
Pumps / filters
Clubhouse
Weight room equipment Sprinkler systems Furniture
Walking paths
Landscaping
Entry signs
And much, much more
Grand Oaks Homeowners Association
All Community Meeting, February 7th, 2007
RESERVES continued
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Expenditures for 2007 include:
Paint clubhouse
Pool furniture
Vinyl & carpeting
Tables and chairs
Bark Dust
Grand Oaks Homeowners Association
All Community Meeting, February 7th, 2007
VOLUNTEERS NEEDED
• Board of Directors - 3 positions
• Committees:
 Recreation Committee
 Landscape Committee
 Newsletter Committee
 Architectural Review Committee (ARC)
Grand Oaks Homeowners Association
All Community Meeting, February 7th, 2007
LOOKING FORWARD
• New Community Manager
• Continued attention to cost - value
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for dollar
Restroom in park
Monthly payment option
Grand Oaks Homeowners Association
All Community Meeting, February 7th, 2007
ELECTION PROCESS
• Nominations from mail-ins and floor
• Brief statements by nominees
• Election of directors
• Announce election results
Grand Oaks Homeowners Association
All Community Meeting, February 7th, 2007
QUESTIONS AND DISCUSSION
Grand Oaks Homeowners Association
All Community Meeting, February 7th, 2007
THANK YOU
VOLUNTEERS AND HOMEOWNERS
Grand Oaks Homeowners Association
All Community Meeting, February 7th, 2007