1. Annual General Meeting
Homeowners Association
2018

2. Meet the Directors Look Back 2018 What’s Next 2019 Financial Updates
Today’s Agenda
Meet the Directors
Look Back 2018
What’s Next 2019
Financial Updates
Call for Action
Open Floor

3. Meet the Directors 4 new board members were elected on July 2, 2018
Prabhu Ganeshan (replaced Brad Halbach - 3 year term)
Bhani Gandhoke (replaced Anna Martca - 2 year term)
Ian Mcintyre (replaced Alex Kim - 2 year term)
Nadiya Bak (replaced Chadd Merrigan - 3 year term)
Sharad Mittal (stayed on)

4. Big Wins 2017-2018 Installed new playground - completed September 2017
Established Neighborhood Watch - Jan 2018
Installed new pond fountains - August 2018
Changed landscaping contractor - September 2018
Completed sight triangle project - October 2018
Installed large rocks on pond median - October 2018
Installed mulch - November 2018
Beautified Woodbridge Sign - November 2018
Sidewalk leveling project - in progress

5. Single Family Dues $550 Townhome Dues $330 Annual Dues for 2019
Decreased from last year’s $600 because we have replenished the reserves to standard level
Payments processed through:

6. Upcoming Capital Projects 2019
Complete mulch project
Irrigation system repairs and upgrades
Removal of dead trees and shrubs
Replacing old and damaged grass areas
Creating plan for replacement of trees and shrubs
Fixing the lighting in both monument signs

7. Financial Updates

8. 2018 YTD Income & Acct Balance
Dues
$178,115
Escrow
$2,330
Interest
$30
Total Income
$180,475
Total Expense (YTD)
$137,280
Total Proj Exp
$160,680
Proj Net Income
$19,795
Balance
Cash (Current)
$119,683
Cash (Year End)
$96,283

9. Expenses - 2018 YTD Monthly Maintenance $65,690.91 Water $38,078.24
Insurance
$2,979.90
Landscaping
Backflow Testing
$510.00
Irrigation
$6,153.21
Monthly Maintenance
$65,690.91
Ponds
$18,461.12
Admin
$61.93
Social
Easter
$870.37
July 4th
$1,643.12
Utilities
Electricity
$1,642.60
Garbage
$504.82
Water
$38,078.24
Software - Appfolio
$3,197.04
Total Expenses (YTD)
$137,279.77
Proj Expenses
Mulch
$14,300.00
Tree Removal
$1,200.00
Maintenance
$5,900.00
Misc
$2,000.00
Total Exp Proj
$160,680

10. 2019 Budget $101,283 INCOME Annual Dues Escrow $2,000 Dues $163,000
TOTAL Annual Dues
$165,000
EXPENSES
Standard Operating Expenses
$140,000
Irrigation
$20,000
TOTAL Expenses
$160,000
NET 2019 BUDGET
5,000
2018 CASH RESERVES
$96,283
EOY 2019 CASH BALANCE
$101,283

11. Call for Action

12. Are you looking to get more involved?
What are you passionate about?
Parks, Events, Administration, Social, Security
Your chance to make a difference!
Influence community decisions

13. Committees: volunteers needed
Neighborhood Watch captains
Architectural committee
Landscaping committee
Irrigation committee
Enforcement committee
Financial committee (filled - Sharad)
Escrow committee (filled - Brad)
Playground trash committee
Events committee

14. City of Redmond Parking Rules
PARKING IS PROHIBITED:
on a sidewalk or street planting strip
within an intersection
on a crosswalk
any place where official signs prohibit parking
in front of or within 5 feet of a driveway
within 15 feet of a fire hydrant
within 20 feet of a crosswalk
within 30 feet of a stop sign, yield sign, traffic signal, or flashing signal
wheels must be parallel to the curb and no more than 12 inches from the curb
A vehicle can park on a public street for no longer than 24 hours, after which time it could be considered a traffic safety hazard or reported as abandoned.

15. Home Structure / Major Landscaping Modifications
If you are modifying your property to conform to the City of Redmond’s sight triangle rules, or for any other reason, please keep in mind our community regulations:
Any major landscaping, architectural changes, decks, and structures over 6 feet tall, must be approved by the Architectural Committee. Please plans do
In particular, no fences on corner lots (hedge fences are okay)
See Article 5 of the codes for more details:

16. Community Safety Tips Keep porch lights on
Lock your cars and don’t leave valuables in your vehicles (expensive sunglasses)
Report questionable activity and events to google group
Look for unusual activity after 11pm like someone driving around the neighborhood

17. Parking Enforcement
We have received a lot complaints about cars blocking sidewalks
It is a big safety concern
If your driveway it too short to park your entire car, you can not park there
We will start giving notices to cars that are blocking sidewalks
We will then report violators to Redmond Police Department

18. Community Trash Cans Update
The trash cans have been successful in decreasing trash around the playground areas
We need 4 volunteers to help with monitoring and removal of the trash
As well as pulling the 35 gallon trash
can out to the curb on garbage day and
then rolling it back on Monday night

19. Garbage cans removal enforcement
Our garbage pickup day is Monday
The garbage cans need to be put out no earlier than Sunday
The garbage cans need to be removed by Tuesday night
We are going to start giving out fines for garbage cans left on the street on Wednesday Morning
Warning will be issued and then $25 Fine

20. Your Ideas…
We would like to take hear your ideas on what can be done in the community

21. Open Forum
Questions and Answers

22. Appendix

23. Due Payment Process

24. Appfolio Cloud Software New software package for HOA Management
Owners Portal –
Features:
Dues and Fines all via electronic payments
ACH or Credit Card (Convenience Fee for CC transactions)
Streamlined Electronic Communication
Tracking for Inspections and Infractions
Contact & Account Information Management

25. Owner Portal https://woodbridgehoa.appfolio.com/connect/

26. 2019 Income & Acct Balance Income Dues $163,272 Escrow $2,000 Interest
$30
Total Income
$165,302
Total Expense
$159,907
Net Income
$5,395
Balance
Cash (Jan 1)
$96,283
Cash (Dec 31)
$101,678

27. Expenses - 2019 Insurance $2,980 Backflow Testing $510 Mulch $3,500
Tree Removal
$6,700
Irrigation
Repairs
$20,000
Subscription
$2,500
Technology
$900
Monthly Maintenance
$69,960
Misc
$5,000.00
Social
July 4th
$1,800
Easter
$700
Utilities
Electricity
$1,650
Garbage
$510
Water
$40,000
Appfolio
$3,197
Total Expenses
$159,907

28. 2018 Budget INCOME Annual Dues Townhomes $21,780 Single Family Homes
$154,000
TOTAL Annual Dues
$175,780
EXPENSES
Standard Operating Expenses
$137,100
Capital: Playground
$125,000
Capital: Sidewalk Repair
$12,000
Capital: Tree Replacement
$16,000
TOTAL Expenses
$290,100
NET 2017 BUDGET
$(114,320)
2016 CASH RESERVES
$130,000
EOY 2017 CASH BALANCE
$15,680