Presentation is loading. Please wait.

Presentation is loading. Please wait.

North Bridge Homeowners Association Meeting Thursday, November 7, 2013.

Similar presentations


Presentation on theme: "North Bridge Homeowners Association Meeting Thursday, November 7, 2013."— Presentation transcript:

1 North Bridge Homeowners Association Meeting Thursday, November 7, 2013

2 Agenda Welcome Meet the NBHOA Board Guest – Jeff Fritzen, Council Member, Town of Normal Treasurer’s Report Ongoing Projects Beautification Committee Welcoming Committee Northbridge Drive Nominations for Board of Directors Proposed Irrigation Project February 27 th, 2014 Annual Meeting

3 NBHOA Treasurer’s Report $5,180.96 (*) Income (2/28/13 through 11/7/13)$18,100.00  Dues. 181 Lots x $100 $18,100.00 Expenses (2/28/13 through 11/7/13)($12,485.07) (ǂ)  Common Area Maintenance/Beautification  Insurance  Community Activities & Welcoming Committee  Annual Meeting Signage  Office Supplies & Printing  Facility Usage  Corporate Filings ($9,400.66) ($2,108.00) ($ 380.00) ($ 339.99) ($ 141.42) ($ 100.00) ($ 15.00) Cash Balance as of November 7, 2013$10,795.89 (*) 2013 Year to Date November 7, 2013 (ǂ) – does not include accrued but unbilled expenses; (*) – includes $5,000 reserve

4 NBHOA Treasurer’s Report (Cont’d) 20122013Variance Mowing$3,430.00$3,430.00 (est.)$0.00 Landscaping/Watering$8,146.14$5460.66-$2685.48 Shoreline$5,400.00$1050.00-$4350.00 Total $16,976.14 $9,940.66 (est.) -$7035.48 Common Area Maintenance & Beautification Expense Variance (2012 vs. 2013) 2013 Year to Date November 7, 2013

5 Meet the NBHOA Board President - Phil Merritt Vice President – Richard A. Brown Treasurer – Matt Jontry Secretary – Lindsey Mucciolo Projects – Vince Addicks

6 Jeff Fritzen (309) 454-2186 jfritzen@normal.orgjfritzen@normal.org Council Member Since 2003 Current Term 2011 – 2015 Committee assignments Bloomington Normal Economic Development Council Occupation Executive Vice President – BOPI, an innovative communications and marketing firm Interests Member, Illinois State University Athletics Weisbecker Scholarship Fund Advisory Council Member, Illinois State University School of Communication Alumni Advisory Council Church Elder

7 Ongoing Projects – Beautification Committee Before After

8 Ongoing Projects Welcoming Committee Given welcome letter, plant and card to over 20 families in the last year Looking for volunteers Northbridge Drive Entrance

9 NBHOA – Irrigation Proposal Richard A. Brown – Vice President November 7, 2013

10 PROPOSAL: IN POND IRRIGATION SYSTEM FOR THE PIPELINE ROAD ENTRANCE TO NORTH BRIDGE RATIONALE FOR IMPROVEMENT: N.B.O.H.A. has invested approx. $20,000 in landscaping subject to drought impacts Significantly enhance the entrance beauty and improve property appreciation e.g. Royal Links quality Water is “FREE” from So. Pond vs. similar systems using city water @ $6,000-$16,000 annual H20 costs Annual operating cost are minimal e.g. electricity (est. $800) and low maintenance with submerged pump.

11 Board Actions Negotiated quote May/June with Tri-County Irrigation, Goodfield, Ill.—See layout chart stand July meeting with Snyder Cos. to pay all costs- rejected with minimal counter October approach with Snyder Cos. for cost sharing 60% Snyder/40% N.B.H.O.A. May require a one time special home owners assessment of $100 to $150.

12 Conclusion Continue Snyder Co discussions/negotiations Funding resolution completion with install target April/May 2014 Discuss project status at Feb 27, 2014 N.B.H.O.A. annual meeting

13 Questions

14 Linn McDonald (Webmaster) http://north-bridge.weebly.com/

15 Thanks and Save the Date Thursday, February 27 th, 2014 – Annual Meeting North Bridge Baptist Church – 6:30 p.m. Election of Board Members


Download ppt "North Bridge Homeowners Association Meeting Thursday, November 7, 2013."

Similar presentations


Ads by Google