Tuesday, April 20, 2021
Enter Title

Christmas LakeVillage

Board of Directors

Monthly Meeting

9/10/20

Pending Approval at October 8, 2020 Meeting

The meeting was called to order by Don Vogel and noted thata quorum was present.

Directors present were Don Vogel, Rick Humerickhouse, Mark Evans,CJ Stidham, Matthew Benningfield, Marlene Elliott & Larry Loucka.

Jonathan Kincaid & Andrew Meadors were absent.

There were (18) AssociationMembers in attendance.

MEMBER’S FORUM

Kayla Richards – Explained to the board about the CLV YardSale set up on Facebook Marketplace.  Kaylareviewed the process with board members and stated the page would be kept openuntil October 31.  This would allowmembers to buy and sell items online safely and with little to no contact.  She has 150 members requested to be a part ofthe page.  30 individuals have beendenied because they are not CLV members.

Paul Kyle – Wanted to know if the Holly Park walking pathis going to be paved.  Paul stated thatthere are a lot of weeds in the path and needs to be worked on.  Paul also asked about a lot on Lake Noel (06-129)– is it exclusive or not?  Don statedthat it should have been recorded as exclusive. The board seated at that time approved the Tract change from C to E for Carl Working approximately 10 years ago.

READING OF MINUTES

Rick Humerickhouse made a motion to approve the August MonthlyMeeting Minutes.

The motion was seconded by Mark Evans. 

Vote in Favor 6 to 0.

TREASURER’S REPORT– August 2020

Mark Evans reviewed the Treasurer’s report for the month endingAugust 2020:

August

Current YTD Income:             $  912,151        

YTD Expenses:                       $   462,472

Current Net Income:               $   449,679

Monies on Hand:                   $298,525.35

Dock Account:                        $  19,647.56

Rec Ctr Account:                    $  11,559.09

Storage Account:                    $  13,554.52               

Capital Improvement:             $  24,817.50

Investment Update:

July Reserves                          $509,553.79

August Reserves                     $516,356.29

The Reserve account saw an increaseof $ 6,802.50 from July to August 2020.

CJ Stidham made a motion to accept the August Treasurer’sReport.  

Rick Humerickhouse seconded the motion.

Vote in Favor 6 to 0.

DELINQUENCY REPORT

Chris Ambs, Property Manager, reported on Assessmentscollected for August 2020.

Prior year assessments collected for the month of August 2020:  $508.62

Total Collected for 2020 - $ 12,170.86

Budgeted Assumption for 2020 - $ 9,060.00

MANAGER’S REPORT

  • Real Estate Report – August:   13 existing homes, 11 vacant lots & 2 half-lots changed hands (CLV sold 2 of vacant lots)
  • There are approximately 8 homes for sale in CLV 
  • There are 22 open construction permits
  • Dam Inspection complete.  Lake Holly has an issue – we do not know if it is the toe drain or the overflow drain.  The toe drain would be an expensive fix
  • Lake Survey scheduled for October
  • Getting Road Paving Estimates
  • Clearing storage area – we did receive a bid of $4,250 from Mitch Kline for the timber that would be cleared from this area.  This should be completed in the next 3 weeks
  • All old docks are out of the lake and being disassembled for disposal

ACTION ITEMS

           

2021 Budget – Don reviewedthe proposed 2021 Budget.  There will bean increase in boat dock fees:  Mainmarina & G Dock fee will go from $250 to $275.  All other docks will go from $200.00 to $225.00.  This increase will help CLV build our revenueto replace the remaining old docks.  Thestorage fee will go from $100.00 to $125.00. The 2021 assessment will see a 1% decrease to $459.00 per lot.

Larry Loucka made a motion to approve the 2021 Budget.

Marlene Elliott seconded the motion.

All in Favor 6 to 0.

Trick or Treating – There willnot be a party at the Rec Center this year as CLV did last year.  Trick or treating will still be allowed –leave your porch light on if you will be handing out treats.

             

OLD BUSINESS

Update on Town Zoning for sale ofGolf Course – Don asked Jeff Stillman to update everyone in attendance on the zoningof Golf Course.  The golf course mustremain a golf course.  They can shut itdown, but to open it as something else would require another meeting with theZoning Board.

NEW BUSINESS

            Road Repairs – Our budgetis $150,000 for 2020.  We will begin workon paving in the next 3-4 weeks.

COMMITTEE REPORTS:

  • Budget & Assessment – Mark Evans – no report
  • Rules & Regulations –Rick Humerickhouse – no report
  • Nominating– CJ Stidham – no report
  • Additions & Revisions – Rick Humerickhouse – no report
  • Events – Lisa Gengelbach – no report

Rick Humerickhouse made a motion to adjourn

Mark Evans seconded the motion

All in Favor 6 to 0.

Meeting adjourned at 6:55 PM

Respectfully submitted

Julie Benningfield

Assistant Property Manager

Christmas Lake Properties