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Grand Oaks Homeowners Meeting Agenda: Goals, Budget, and Volunteer Opportunities

Welcome to the Grand Oaks Homeowners Meeting! This agenda will cover essential topics including quorum reports, introductions, and committee updates. We will discuss our background, outline our goals and results, and provide an overview of the operating budget. Volunteers are urgently needed for various committees, and we encourage homeowner participation. We will conclude with the election of board members, allowing for questions and discussion. Your involvement is crucial for our community's success. Thank you for being engaged!

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Grand Oaks Homeowners Meeting Agenda: Goals, Budget, and Volunteer Opportunities

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Presentation Transcript

  1. WELCOME GRAND OAKS HOMEOWNERS

  2. AGENDA • Report on Quorum • Introductions • Background • Goals and Results • Budget Overview • Volunteers Needed • Looking Forward • Election of Board Members • Questions / Discussion • Adjourn

  3. BOARD OF DIRECTORS • Rolland Baxter, President • Aly Welkley, Secretary • Paul Sanchez, Treasurer • John Clark • Vacant

  4. LANDSCAPE COMMITTEE • Renee Brooks, Chair • Leigh Stoller, Vice Chair • Ron Sims, Secretary • Corinne Sims, Secretary • Ron Prevost NEWSLETTER COMMITTEE • Denise Limon, Chair • Chris McDonald, Vice Chair • Sandi Morris, Secretary • Karen Crist, Editor • Payton James-Amberg, Webmaster

  5. RECREATION COMMITTEE • Kelly Manhard, Chair • Randy Joss • Ed Crist • Liz Doyle • Tracy Elmshaeuser ARCHITECTURAL REVIEW COMMITTEE • Barry Vanhoff • Leigh Stoller • Al Blase

  6. BACKGROUND • Development started in 1999 • Initial Board represented Developers • Legend Homes took over from Pahlisch Homes in September, 2002 • Transitional Advisory Committee (TAC) formed July, 2005 • Committees appointed and became active • New owner-represented Board elected June, 2006 (Turnover) • New Architectural Review Committee established

  7. GOALS AND RESULTS GOALS: • Form and strengthen committees • Increase communications • Focus attention on budget RESULTS: • Committees functioning well • Need additional volunteers • Quarterly newsletter published • Website established • 2007 budgets adopted • No increase in fee for either Summit or Grove

  8. OPERATING BUDGET OVERVIEW Total Summit Budget = $240,937 (293 properties)

  9. OPERATING BUDGET OVERVIEW continued Total Grove Budget = $40,653 (78 properties)

  10. WHAT THE OPERATING BUDGETS INCLUDE • Continued operation at historic levels • Possible part-time pool attendant • Update of reserve study • Review of clubhouse storage and access needs

  11. RESERVES • Reserve Balance is $141,622 (Dec 2006) • Reserves are required by State Law • Reserves fund replacement or major repair of:

  12. RESERVES continued • Expenditures for 2007 include:

  13. VOLUNTEERS NEEDED • Board of Directors - 3 positions • Committees: • Recreation Committee • Landscape Committee • Newsletter Committee • Architectural Review Committee (ARC)

  14. LOOKING FORWARD • New Community Manager • Continued attention to cost - value for dollar • Restroom in park • Monthly payment option

  15. ELECTION PROCESS • Nominations from mail-ins and floor • Brief statements by nominees • Election of directors • Announce election results

  16. QUESTIONS AND DISCUSSION

  17. THANK YOUVOLUNTEERS AND HOMEOWNERS

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