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LILLY CREEK HIGHLANDS HOMEOWNERS ASSOCIATION (LCHA) FISCAL YEAR 2012 ANNUAL MEETING

LILLY CREEK HIGHLANDS HOMEOWNERS ASSOCIATION (LCHA) FISCAL YEAR 2012 ANNUAL MEETING . LCHA Board President David Dell‘Agnese Vice President Lori Zimmer Secretary James Vander Heyden Treasurer Barb Breed-Heidt. Architectural Control Committee Steve Heidt Jim Medinger

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LILLY CREEK HIGHLANDS HOMEOWNERS ASSOCIATION (LCHA) FISCAL YEAR 2012 ANNUAL MEETING

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  1. LILLY CREEK HIGHLANDS HOMEOWNERS ASSOCIATION (LCHA) FISCAL YEAR 2012ANNUAL MEETING

  2. LCHA Board President David Dell‘Agnese Vice President Lori Zimmer Secretary James Vander Heyden Treasurer Barb Breed-Heidt Architectural Control Committee Steve Heidt Jim Medinger James Vander Heyden

  3. Tonight’s Agenda • Introduction – Mission- Help Wanted • 2012 Fiscal Report • Questions about Financial Report • New Annual Fee Procedure • Changes in the Neighborhood • Pond Clean-Up, Muskrat Removal • Complaint Process • Questions

  4. LCHA Mission To maintain the subdivision as a safe, aesthetically pleasing and economically vibrant neighborhood. To work within the parameters of the covenant, including maintenance of the common areas and providing appropriate communication and information to our residents.

  5. Financial ReportFiscal Year 2012 Lilly Creek Highlands Homeowners Association

  6. Fiscal Year 2012 Finances • Original budget expenditures were projected at $20,175.00 The majority of these expenses encompass: • Legal fees associated with placement of liens • Insurance • Mill Road Sign Repair • Maintenance and Improvements • Lawn Care • Pond repair and maintenance • Muskrat Removal • Actual budget expenditures were $17,749.27

  7. Fiscal Year 2012 Finances

  8. Fiscal Year 2012 Finances • Revenue from annual dues (fees) • Revenue (fees) projected - $20,825.00 • Revenue (fees) paid – $19,600.00 • Dues from past years - $475.00 • Late (fees/Dues) paid - $315.00 • Money Market interest - $15.00 • Accounts Receivable (owed) • Past due fees for FY 2012 – $1,225.00 • Past due Late fees for FY 2012- $525.00 NEW DATES 1. 2/01/13: $75 late fee is applied to accounts if annual fee payment is not made 2. 2/15/13: Letter of non-payment of fees sent to homes 3. 3/01/13: Lien intent letter mailed 4. 3/01/13: Lien placed on home if amount owed totals $500 with late fees

  9. Fiscal Year 2012 Finances • Beginning Checking Cash Balance - $7,764.57 • Ending Cash Balance - $10,405.30 • Money Market Fund - Balance • $14,980.30 • Fiscal year 2012 interest earnings: $15.00

  10. Fiscal Year 2012 Finances

  11. Fiscal Year 2012 Finances Contact Information Barb Breed-Heidt LCHA Treasurer 262-252-3538 joheidt54@gmail.com

  12. Changes in the Neighborhood • A petition for new four-way stop signs to be installed on the following intersections, Marach Dr. / Crestwood Dr. and Marach Dr. / Daylily Dr.resulted in the approval of the Marach Dr. / Crestwood Dr. only. As Marach Dr. / Daylily Dr. has a cul-de-sac on the southern portion, the MF Police Dept. felt that a four-way stop on this intersection was unnecessary. The Board wishes to thank all involved in attaining these stop signs.

  13. Complaint Process • If you have concerns about a neighborhood issue, please email the board directly. We will promptly discuss all issues with you directly and work together towards a solution. You can email us at lillycreekhighlands@live.com or view the website and you will see our individual email addresses • You should contact the Board only after you have made a reasonable attempt to communicate your concern directly to you neighbor.

  14. Ask Yourself? • Is it Illegal? ( call the Police) • Is it something I can discuss directly with my neighbor? - Have I tried to resolve it myself? • Is it a long term problem? or a Temporary Condition? • Have I checked the Website and Subdivision Restrictions - by Phase? • Does it really affect long term home values? • Is my concern subjective or Objective? • Am I willing to spend money on it?

  15. Questions

  16. LCHA Website is located at:WWW.LILLYCREEKHIGHLANDS.COMTHANK YOU FOR COMING

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