1. McGuffey Park Homeowners Association Meeting October 14, 2018 4:00pm

2. Your Board of Directors
Matt Boatright
Chris Perry
Benjamin Mowris

3. MPHOA Financial Review- 2018 Budget to Actual

4. 2018 Capital Improvements Pool pump & filter replacement: $980
Toilets in Pool House: $600
Pool Access Card System Motherboard: $525
Security System Upgrade: $3,290
Pool Lounge Chairs: $400

5. 9/30/18 Cash Flow Analysis

6. McGuffey Park Long Term Debt
Purpose was walking trail completed in 2016
Original Loan Amount- $62,000
Interest Rate 4.25%
Annual Payments Due in May
Final Payment of ~$10,850 will be made in the Spring of 2019.

7. 2019 Budget
The Operating Expense Budget is expected to remain consistent with the 2018 and prior years at approximately $30,000
There is no currently planned Capital Improvements in Budget of $3,000 for unexpected items
The Revenue Budget will be dependent on the amount of annual dues determined for 2019.

8. Annual Dues and Amenities in Other Surrounding Neighborhoods

9. McGuffey Park Pool
The McGuffey Park Pool is 20+ years old and is coming up on the end of its life
We have continued to invest to repair various issues in the pool which primarily related to pool floor
Timing? 1-5 years?
The current estimate to renovate/rebuild the pool
Collect over time or special assessment at once?

10. Potential Long-Term Loan Options

11. Upcoming Events Halloween Shindig Spring Annual HOA Meeting-
Sunday October 5-9pm
Walking Trail Trick or Treat
Costume Contests?
Movie at Dusk?
Other ideas?
Spring Annual HOA Meeting-
Saturday March 2-3pm

12. Open MPHOA Positions Volunteers for Committee’s: Welcome Committee
Covenant Committee
Party Committee
Pool Maintenance Position
Adult paid position
Duties include cleaning bathrooms and pool area every evening along with various other items
If interested talk to a Board Member

13. MPHOA Covenants & Common Complaints
Cars are not to be parked in yards or in the street overnight
Boats, trailers & trucks (larger than 1 ton), campers and RV’s are not to be parked in the driveway
Trash containers should be out of view from the street
Lawns are to be appropriately maintained, mowed and trimmed. No trash is to be left in the yard.
Usage of Common Area: No motorized vehicles are allowed in this area including four-wheelers and dirt bikes.
All outdoor building and fences must be approved by the HOA directors

14. Potential Vote on 2019 HOA Dues
Quorum Present at Meeting?

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