Northridge Village Neighbors

Northridge Village HOA Board Meeting - August 02 2004

Dec 10, 2004

Attendees: Lynn Wiletsky, Rich Weber, Jim Teilborg, Felicity Wellings, Paul Moser
Jeff Hubbs, Brown Property Management


I. Call to Order. Lynn Wiletsky called the meeting to order at 7.05 p.m.

II. Homeowner?’s Forum. No one was present to participate in the Homeowner?’s Forum.

III. Approval of Minutes. The minutes from the June 14, 2004 meeting were revised to reflect that the draft architectural standards were submitted by David Neroda; motion was made and seconded to approve the revised minutes..

IV. Treasurer?’s Report. Rich Weber presented the June 2004 financials. Total income for June 2004 was $7,733. Operating Expenses were $5,621. Total net income, after Reserves, was $1,402. There were no unusual expenses during the month of June. Outstanding are expenses relating to seeding and irrigation. There were two months pest control (Truly Nolan) billed in June. Jeff Hubbs is to check with Truly Nolan on the details of the policy and ask them to leave a card or statement with Rich Weber so we are aware when the area has been treated.

There is no change in the Money Market Account. A transfer of $2100 from Reserves to Operating Account was required for Treeline Design to landscape the area south of the pool.

V. Architectural Committee Report. Nothing to report. Paul Moser will discuss with Angela Phoenix a date for a committee meeting.

VI. Old Business.

Landscaping The bid by Treeline design for the landscaping on the south side of the swimming pool has been accepted. Jeff Hubbs will contact Acacia to check: the irrigation by the oleanders and fern by Unit 13 and the bushes by Unit 20 patio wall; the condition of the grass on Orangewood near the US West repair area which may have impaired the sprinkler system; and the hibiscus by the north side of Unit 13 garage.

Parking A letter has been sent to Unit 4 regarding illegal parking.

Property Walk-thru Lynn Wiletsky, Rich Weber and Jeff Hubbs carried out a walk through on July 27, 2004. A second letter to Unit 14 is to be sent regarding electrical conduit which needs to be reattached along the top of the garage. Jeff is to obtain bids for stucco repair for Unit 20 and 24. Lights on the pathway are still out; Jeff will contact US West to check the status of the repair work that was started and to see if this has affected the pathway lights and, possibly, the sprinkler system. The pool light needs replacing. Ramsey has bid $450.00 to replace the pool light; Jeff is to obtain a second bid. The railing on the south side of the ramada needs to be repainted.

Lynn asked Jeff to notify her of any concerns raised by homeowners which the management company has not addressed.

VII. New Business.

Annual General Meeting Agenda: Notice of the annual meeting will go out by September 1st, 2004. The order of the agenda will remain as per the 2003 agenda.

Board Elections Nominations for Board membership may be taken from the floor rather than asking people
to submit nominations to the property management company. Proxy forms will be sent with the
meeting notification. An updated phone and e-mail contact list is also to be sent to homeowners.

Budget Rich Weber developed a 2005 budget that would not result in an increase in monthly dues even when taking into account anticipated increases in cable, property management, landscaping (fertilizer costs) and city services. However, it is possible that the insurance premium will increase but we may not know the amount until after the meeting. There are four options to address the increase, if it is significant: 1) increase the monthly dues; 2) keep monthly dues the same by transferring cable TV costs to individual homeowner responsibility which would free up funds to cover the insurance increase; 3) use Reserve funds; or 4) levy a special assessment which homeowners could pay in three installments, if necessary. The latter option is preferred. Jeff Hubbs is to obtain quotes from other insurance companies. Jeff will also contact Allstate to try to get the 2004/2005 premium cost prior to the date of the annual meeting. A motion was passed for Jim Teilborg to present details of a special assessment if the insurance premium increases.

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VIII. Meeting adjourned at 8.45 p.m.

The next Board meeting will occur immediately following the annual meeting.