Woods Creek Property Owner’s Association Meeting

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Presentation transcript:

Woods Creek Property Owner’s Association Meeting Welcome! Woods Creek Property Owner’s Association Meeting

Agenda Introductions – Todd Loesch Open positions/Voting – Todd Loesch Successes – Jim Ebersole Financials – Todd Loesch Management Process – Larry Kelly Initiatives/Programs – Hugo/Pete 2014 Planned events – Lainie Many New Development – Bart Bauer Q & A - All

Welcome & Introductions – Todd Loesch POA Officers and Board Members Todd Loesch– President Dan Worley - Secretary Hugo Lopez- Board Jim Ebersole - Board Lainie Many - Board Pete Davis - Board Open– Board Open- Board Bart Bauer – Development Advisor Management Company Larry Kelly

Open Positions/Voting – Todd Loesch POA Officers (1 year term) Todd Loesch President as of 5/31/2014 Board needs to appoint a President and VP/Treasuer Board will decide at the May POA Board Meeting Board (2 year term) Replacement for Jeremy Mincke and new Board position Jim Ebersole up for re-election Interested Ken Smith

Successes – Todd Loesch 99% Collection rate for past 2 years Bentonville has accepted a safety improvement plan 3 Way Stop Sign and new cross walks added to Marina and Woods Creek Town has committed to additional stop signs/cross walks as our development continues to grow Back to School event Well attended and a lot of fun in 2014. More events planned for 2015 Created Neighborhood Watch Program Signs are now in place Woods Creek ACC Guidelines As our community continues to grow it is critical that we have aesthetic continuity

Woods Creek 2015 Budget Dues and Budgets 2014 2015 Lawn Maintenance Property Management Pool Maintenance Cleaning Service for Pavilion Utilities Insurance Property Taxes Past Property Taxes Supplies Website Hosting Internet/Phone Post Office Box General Maintenance Attorney Fees Expenses Total Potential Revenue 2014 2015 22,200.00 34,800.00 9,999.00 15,000.00 3,818.30 3,818.00 2,658.00 2,925.00 4,000.00 1,335.00 2,500.00 0.00 1,200.00 120.00 960.00 52.00 5,000.00 5,200.00 1,000.00 61.843.26 77,650.00 201@400= 80,400

POA Management – Larry Kelley ACC Process Please contact Larry Kelley’s Office 479-273-2300 Compliance Process All issues need to be reported to Larry Kelly’s office Not all issues are the same and will be handled accordingly per direction of the covenants. Board makes final decision on what action to take. Billing and Collections Dues are due by May 1st Payments received after May 31st will incur a 10% late fee and further collection process

Initiatives/Programs – Hugo/Pete Upper Pond on Marina Floating Pond Dock with Benches Picnic tables All Grass being maintained Trail around Pond? Live Stock Pool/Pavilion Basketball Court Adding 2 new hoops and expanding the existing court Jungle Gym/Swing Set Bocce Ball Court

Community Building – Lainie Many Facebook Group – “Woods Creek of NWA” Welcoming New Neighbors – Volunteers/Donations Event Planning – Volunteers/Donations Quarterly Newsletter 2014 Events Spring Clean up – Rained out on 4/18, new date coming Spring/Fall Garage Sale – Spring completed/ Fall TBD 4th of July (date TBD) Back to School (date TBD) Halloween Boo Your Neighbor (date TBD) Contact Lainie @ lsm1282@gmail.com

New Development – Bart Bauer Amber Ridge All lots sold to builders 14 of the 30 lots already have construction or plans to start in the next 3-5 months Next Phase 14 lots behind Woods Creek Estates

Q & A