1. HOA Annual Meeting December 6, 2016
Welcome!

2. Agenda Call to Order: Mary Klever, President Establishment of a Quorum
Presidents Report
2016 Budget: Hank Scarangella, Treasurer
Budget review, questions and ratification by Homeowners
Website review: Dan Burich, Member at Large
Election of Board Members: Cary Fisher, Vice President
Open Discussion: Mary Klever
Adjournment

3. HOA Annual Meeting December 6, 2016
The Sanctuary At Peregrine Board Of Directors:
Mary Klever, President
Cary Fisher, Vice President
Hank Scarangella, Treasurer
Jeff Warning, Secretary
Dan Burich, Member At Large
Mike Clark, Licensed CAM, Courtney & Courtney  

4. HOA Annual Meeting December 6, 2016 Orchard Valley Drive

5. HOA Annual Meeting December 6, 2016
The Sanctuary at Peregrine
Peregrine Master Association has 852 homes
Three sub-Associations are in the Master
The Sanctuary at Peregrine has 52 homes and 7 undeveloped lots
The Villages at Peregrine has 49 homes
La Bellezza has 47 homes

6. HOA Annual Meeting December 6, 2016
HOA Contract Companies:
CB Insurance
Courtney& Courtney – Mike Clark, CAM
Fisk Lawnscapes – Ben Fisk, Owner and Jacob Stankich, Lead Maintenance Foreman
Waste Management

7. HOA Annual Meeting December 6, 2016
Architectural Control Committee
Kristin Petty, Chair
Valerie Beck
Mary Klever
Hank Scarangella

8. HOA Annual Meeting December 6, 2016
Your Neighborhood Block Captains:
Dan and Krisi Burich - Solitude
Betsy Fisher and Kandi Warning - Guardian Way
Hank Scarangella, Safe Harbor Court

9. HOA Annual Meeting December 6, 2016 Orchard Valley Drive

10. HOA Annual Meeting December 6, 2016 Third Annual Social

11. HOA Annual Meeting December 6, 2016
Homeowner Work Days:
Saves potential costs that would impact the budget
Helps the beautification of the community
Neighborhood working together

12. HOA Annual Meeting December 6, 2016

13. HOA Annual Meeting December 6, 2016
Snow removal guidelines:
Snow removal will be done when the depth is 2.5 inches.
Fisk will not completely clean the Guardian Way and Solitude cul de sacs, but there will be enough plowing done for the residents to safely get in and out.
Winrowing the streets: This is a procedure to avoid another pass of the plow mounted on the truck (leaving the strip of snow on the street that is left from the side of the plow not moving the snow).

14. 2016 Budget Year The HOA will finish 2016 in the black
Snow – 80% of $18,000 budget used as of November 30
Fire Mitigation – completed for $12,304 vs. $20,000 budget
Invested $4,000 to support homeowner workdays for common area landscaping projects

15. 2017 Expenses Contracts Other operating expenses - level or lower
Courtney & Courtney – no change
Waste Management – 6% increase
Fisk Landscaping – 10% increase
CB Insurance – 10% increase (est)
Peregrine Master HOA – 6.5% increase
Other operating expenses - level or lower

16. Analysis Our primary financial risk – Retaining Walls
Reserve Fund is slightly below (10%) recommended funding level
Recommendation: Assume risk of a significant special assessment and continue current investment amount
Contract services costs will increase 6%-10% in 2017
Our neighborhood is aging
Recommendation: Invest over time to protect property values
A 7.5% assessment increase will provide necessary resources for 2017 and probably 2018

17. 2017 Sources of Income (proposed)
Additional income from one new home – 2065 Safe Harbor
Sources of Income
City Streets $145/mo = $43,500
Shared Road/Drive $165/mo = $53,460
Builder Lots-Sanctuary 7 @ $27.50/mo = $ 2,310
Builder Lots-Peregrine 7 @ $211.25/yr = $ 1,478
Snow Option @ $20/mo = $ 1,680
$102,428

18. 2017 Proposed Budget

19. HOA Annual Meeting December 6, 2016
Approval of Proposed Budget
Nomination and Vote by Homeowners

20. HOA Annual Meeting December 6, 2016

21. HOA Annual Meeting December 6, 2016

22. HOA Annual Meeting December 6, 2016
Election of Board Members:
Nomination and Vote by Homeowners

23. HOA Annual Meeting December 6, 2016
Open Discussion

24. HOA Annual Meeting December 6, 2016
Adjournment