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Saturday, November 6, 2004
10:00 – 11:30 a.m.
Zionsville Municipal Services Building
1.
Call to Order
Tim Isle, President of the
Huntington Woods Homeowners Association, opened the meeting at 10:00 am.
All current board members as
well as 12 homeowners attended the meeting.
Tim Isle
introduced the guest speaker Glenn Davis.
2.
Introduction to Glenn Davis
Glenn
Davis, Trinity Community Relations Manager addressed the meeting. This newly
created role involves liaison between
Trinity and the communities involved in the class action settlement. Glenn will
be talking to media, realtors and homeowners to portray a positive image of the
remediation program and amongst other things address concerns about the real
estate value. Glenn can be contacted for all non-construction-related issues by
phone (317 805 4662) or email: gldavis@trinhomes.com.
3.
Summary of Financial Performance /
Budget
Mike
Latz, Treasurer of the Huntington Woods Homeowners Association, presented
year-to-date financial statement.
Assets as of September 30,
2004:
Checking Account 23,969.43
Reserves
Account 2,595.57
Total Checking / Reserves 26,565.00
Tim Isle pointed out the big
turnaround from a loss of $3,561 in 2002 to net earnings of $5,595.20 (YTD
September) and total available assets of almost $24,000 thanks to the actions
of the board and in particular the efforts of the previous treasurer and board
member Chris Caniff.
Details of the financial
statements can be viewed by logging on to http://www.huntington-woods.com/index.cfm
Mike Latz alluded to the issue of non-payment of association fees. Several homeowners are overdue with their payments. Final reminder letters will be going out within the next 30 days, and if unsuccessful appropriate steps as per the Declaration of Covenants and Restrictions will be taken.
4.
Old Business
·
Speed
Limit Signage / Street Signs
Mike Latz presented a map of the neighborhood (see attachment)
showing the placement of the new street name and traffic signs. An order for
the signs has been placed. Upon arrival the board members plus volunteers will
do the installation of the signs as weather allows.
·
Open HOA
Board positions – call for volunteers
Tim Isle
asked the present association members for volunteers to join the board. Tim
also stated that he would resign as the president of the HOA board at the end
of this year.
No
volunteers stepped forward during the meeting.
5.
New Business
·
Discussion
regarding utilization of current funds – Presentation of potential landscape
improvements
Lisa
Tabor presented ideas for improvements to the landscaping within the Huntington
Woods subdivision. Dave Altum drew up some initial plans. Lisa also contacted another landscape designer who is
currently working in the Spring Knoll subdivision. This designer would offer
trees planted and warranted to the association for the normal pick-up price.
This offer would also be available to individual homeowners.
The board anticipates
spending up to $15,000 of the available funds on the landscape improvements. A
special vote will be required to authorize this expenditure. Volunteers are
invited to participate in the design of the landscape plan and the
prioritization of the planting. Overall the feedback at the meeting was very
positive.
6.
Other Business
Comments
/ suggestion from homeowners:
The
board should push Trinity / Beazer to resurface the roads in the neighborhood
once the remediation process has been completed. A lot of damage to the
roadways is already done by heavy construction equipment.
A
suggestion was made to approach the town of Zionsville for possible
contribution to the landscape improvements (public roads).
A suggestion was made to ask Trinity / Beazer for
contribution for the proposed landscape improvements. Holger Tank informed the
meeting that a letter has been sent to Trinity asking for a contribution
towards purchasing the new street signs. No response has been received yet.
7.
Tim Isle closed the meeting at 11:05
am.
After
the meeting had closed Diego Fonseca volunteered to join the HOA board as a new
board member. One additional board position is still open.
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