Chestnut Hills Board Meeting: August 2, 2008
Agenda:
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Current financial status
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Hiring of a Management Company
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Update association standings
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Dues i.e. outstanding debts
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Covenant Enforcement
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Taxes & finances
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Street lighting
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Walkway path mulching
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Open issues
Meeting Notes:
Present at meeting:
Scott Howes – President
Joe Cote – Vice President
Dave Fuhrwerk – Treasure
Bill Arnold – Secretary
Issues covered:
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Non-payment of dues from homeowners. To send letters of late payment to each homeowner.
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Walking trail improvement workday is set for September 6. We will create steps on the slope leading to the bridge to stop erosion and help make the path easier to use.
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Discussed the street lighting issue from the June general meeting with the county board.
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Approved cost increase for web services.
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Investigate hiring a property management company to maintain accounting activities i.e.; balance sheets, year-end statements etc., collections, enforcement actions (per board approval), payments to service providers, and legal actions (per board approval). Cost of this service was quoted at $1200 a year.
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Board will perform a ballot action per home for a yes or no vote on street lighting. According to the June hearing at the township, the board recommended to acquire a vote of the homeowners for a decision. They said the 51% rule will determine the action that will be taken whether to have street lights installed or not.
Meeting was adjourned with the next schedule board meeting TBD.