Indian Hills

Annual Meeting, Oct. 28, 7:30, Church of the Nazarene

Oct 16, 2003

NOTICE OF 2003
I.H.R.A. GENERAL MEMBERSHIP MEETING

Tuesday, October 28, 7:30 PM
Northwest Church of the Nazarene
5707 Olentangy River Rd

This year?’s annual resident?’s meeting will start at 7:30 PM. We?’ll hear financial and committee reports, other items of business, and ask for approval of the proposed budget for fiscal year 2003/2004.

Election of Officers and Trustee

Another item of business at the annual meeting will be the election of five officers and one trustee. To fill this year?’s slate, the nominating committee of Chairperson Mary Cohee, Jack Conner and Betsy Smalldon have presented the following candidates: (all positions are for a one-year term unless noted.)

President Tim Murnane
Vice President Ed Geraghty
Treasurer Brett Howell

Secretary Bob Jacobsen
Asst. Secretary Tracey Marshall
Sue Romig

The Nominating Committee can nominate additional candidates for these offices. Any other resident interested is a specific position should contact the Chairperson Jack Conner.

Nominations from the floor will also be accepted during the meeting.

The offices of Treasurer and Assistant Secretary will be filled by neighbors not currently serving on the Board.

Treasurer:
Brett Howell, 966 Greenridge Rd
Resident for seven years
Employed by CNA Insurance Co. in Columbus
Wife Rebecca, Daughters Erin and Rachel

Assistant Secretary:
Tracey Marshall, 967 Spring Grove Lane
Resident for three years
Homemaker and Student at Ashland University for Masters in Education
Husband David, Daughter Abigail

Sue Romig, 6075 Sedgwick Road
Resident for one year
Homemaker
Husband Steve, Daughters Beth and Jessica


IF YOU SEE THESE PEOPLE, THANK THEM
Jane Matson has served as Treasurer for the IHRA and devoted much time to keeping the books in line. She will be passing the torch to another candidate at the Annual Meeting. Thank you, Jane.

Tom Carmody has served as the Assistant Secretary. His handwriting is beautiful. The neighborhood will be electing another Assistant Secretary this year. Thank you,Tom.

PROPOSED OPERATING BUDGET FOR FISCAL YEAR 2002-2003
Estimated Receipts
Annual fee 15350.00
Assoc. Memberships 1800.00
Interest and Dividends 400.00
Swim Club 34000.00
Tennis Club 500.00
Total Receipts 52050.00

Estimated Disbursements
Activities 1000.00
Bank Fees 100.00
Blockwatch 225.00
Directory 400.00
Entrances 2000.00
Insurance 2500.00
Common Grounds 1000.00
Misc. Expense 500.00
Office Expense 275.00
Postage 900.00
Printing 900.00
Swim Club 34000.00
Taxes 3300.00
Tennis Club 500.00
Utilities 2800.00
Total Disbursements 50400.00
Budget Surplus 1650.00

BE FASHIONABLE, AND CIVIC MINDED, AT THE SAME TIME


The Indian Hills Swim Club is offering an attractive line of clothing items sporting the logo of the best neighborhood on the Northwest part of Columbus. Sweatshirts, t-shirts, golf shirts, and towels in multiple hues will make you warm and good looking. All this, while helping the Swim Club with the proceeds of the sales.

If you would like to see samples of these items, look at the August edition of VOGUE, or call Tim Cattibiani, 5984 Tulip Hill.




NEW NEIGHBORS

Make a visit to greet the newest residents of Indian Hills.

:
Gary & Rebecca Custer 820 Greenridge


Todd & Jayn Warner 5971 Sedgwick Rd


James & Kim Stevenson 5959 Sedgwick Rd







BALANCE SHEET
Indian Hills Residents Association, 10/1/02 thru 9/30/03
ASSETS
CASH & BANK ACCOUNTS
IHRA Checking 12419.44
IHRA Cap. Impr. Fund 22032.07
Swim Checking 6660.70
Tennis Checking 1203.17
TOTAL CASH & BANK ACCOUNTS 42315.38
OTHER ASSETS
Tennis Improvement ?‘01 1,170.00
Entrances Improvement ?‘99 13,374.80
Pool Improvements ?‘98 3,350.00
Pool Improvement ?‘99 1,100.00
Pool Improvements ?‘01 1,381.25
Pool Improvements ?‘02 3,046.24
Fixed Assets - Parking Lot 25,212.00
Receivables -- 1 annual fees 50.00
Total Depreciation -17014.16
TOTAL OTHER ASSETS 31670.13
TOTAL ASSETS 73985.51

LIABILITIES & EQUITY
LIABILITIES
Bonds - Swim 5,200.00
Bonds - Tennis 6,600.00
TOTAL LIABILITIES 11800.00
EQUITY 62185.51
TOTAL LIABILITIES & EQUITY 73985.51

RECEIPTS & DISBURSEMENTS STATEMENT
RECEIPTS
Annual Fee 15,300.00
Association Memberships 2,250.00
Interest & Dividends- IHRA 134.98
Memberships - Swim 13910.00
Lessons/Gst.Fees/Team- Swim 4409.00
Refreshments - Swim 3588.75
Fundraisers - Swim 720.00
Day Care - Swim 12901.00
Private Parties - Swim 984.00
Memberships/Fees - Tennis 480.00
TOTAL RECEIPTS 54677.73

DISBURSEMENTS
Entrances 688.32
Insurance 2466.00
Common Grounds 200.00
Postage 692.24
Printing/Smoke Signals 767.07
Utilities - IHRA 2349.08
Office Expense 89.99
Bank Charges 98.25
Directory 140.65
Taxes 3392.20
Activities 364.87
Payroll & Payroll Tax - Swim 18127.79
Maintenance & Repair - Swim 4574.61
Maintenance & Repair ?– Tennis 274.80
Refreshments - Swim 2028.49
Utilities - Swim 3099.52
Fundraisers - Swim 764.00
Chemicals - Swim 4095.74
General Supplies - Swim 732.51
Bank Charges - Swim 70.00
Licenses - Swim 865.00
Miscellaneous - Swim 204.48
Miscellaneous ?– Business Exp -31.85
Bank Charges - IHRA 28.25
Utilities - Tennis 205.98
Welcome Commitee 46.06
TOTAL DISBURSEMENTS 46445.26
SURPLUS 8232.47
Non-Cash Item from 2001-2
Depreciation Exp 3685.71


FINAL NET SURPLUS 4546.76