The
meeting as has become the norm had very light attendance, with 12
attendees dropping to six by the end of the meeting. Open forum had
no comments from attendees so we moved right on to the meeting
proper.
The
finance commission reports our current financial position is strong
with operating cash at $408,930, operating investments of $429,138,
road reserves $364,543, and replacement reserves at $2,681,494. The
total funds balance is $3,915,897 so we are looking good. Add to that
the fact we are actually to the good so far this year by $35,000
compared to budget. We are running well.
Write-offs
and accounting adjustments for the month total $332.30
The
ECC reports little action this time of year with one meeting canceled
due to lack of permit requests.
Lake
Management reported cinder blocks are being purchased to anchor
additional fish structure that will be placed in position this
winter. Bill Martin has been approved as a commission member.
Rec
Commission reports under consideration for spring/summer programs are
soccer as well as baseball/softball for youth and adults. Many
additional programs are ongoing as well. The Rec Commission is
changing their meeting to the fourth Thursday of the month going
forward. They would like a contest to re-name the multi-purpose room
so it has an actual name. I am personally sorry to report Rich Witt
has resigned from the commission. He will be a loss. He is however
joining the Citiation Review commission so his talents will still be
utilized.
The
Events Commission is still looking for a parade coordinator for the
Fourth of July Parade. Everyone was in agreement Pam and Joe
Cangelosi should be Grand Marshalls of the parade to recognize the
huge amount of work they have done in the past organizing the
parades. There are plans for Valentine Day Bingo February eighth.
Many more events are in the planning stage for later and I will post
those here as time approaches.
Our
legal council suggests we continue to table the sewer discharge fine
resolution until we are sure of our course. (I completely agree with
this action)
The
board once again discussed the issue of two additional guest amenity
passes for those owning an extra non-adjoined lot. After a long
discussion it was decided in order to be fair to those who own homes
with only one resident there will be but one pass issued to those
with non-adjoined extra lots. The reso passed with that provision.
The
board discussed the resolution regarding motorized vehicles on the
frozen lake. I will post that resolution soon to avoid taking more
space in this post. This reso was not passed at this point and went
back to commission for further clarification.
The
Capron Rescue Squad wishes to lease land from us in order to
construct a rescue squad station near our maintenance department. On
the surface this sounds great but there are a lot of facets to this
arrangement that need to be hammered out. In general I would love to
see them here for the shorter response time for our residents if it
can be worked out.
The
next set of resolutions get a little complicated but they all tie
together. Most of you know we are going to an outside service for our
internet technology services. Due to that we have had to purchase
some new equipment to make everything run smoothly. We are purchasing
a new server and with installation the cost will be $11,701. This
will come from replacement reserves. Also from reserves will be a
Sonic Wall Band Bundler at a cost of $1.766. ( I know, it is Greek to
me also). We are contracting with TBC for net management and
maintenance at $1,300 per month.
We
contracted with auditors for a three year contract as our fiduciary
responsibility. Auditors are changed approximately every three years
to keep new eyes on your funds, avoiding any missed irregularities.
There
was a first reading of a revised snow route policy. I will post that
here in the next couple days to save space in this post. This will
not be voted up or down until the January meeting.
The
board voted to allow the CWL Cub Scout Pack #77 to use the gym for
their Blue and Gold Banquet February 22, 2014.
We
have had a 1993 International plow truck for sale that has been
replaced and we received a bid of $13,500 on our $15,000 listing so
it was accepted and that cash will go into reserves as a partial
offset to the replacement purchase.
That's
it for this month except for an executive session to discuss
litigation and personnel, which I obviously can not cover here.
This
was a long meeting, not ending until well after ten p.m. But things
were accomplished so it was worth it.
Be
sure to read the CWL paper for the approved minutes.
Ken