2024 HOA President's Report @ Annual Meeting

Included here is the outline of the report Kyle Thompson gave at the July 2, 2024 annual HOA meeting.

Last 4 years of Property Management Changes

-            4 property managers in 4 years

-            4 PMI contacts in the last year

-            We had to have someone come out to determine what roofs had already been done. No previous maintenance records.

Where we were in July 2022.

-            Over $12,000 for shrub trimming/weed pulling in fall 2022

-            $13,500 for power washing in spring 2023.

-            Thousands for tree trimming

Concerns Going forward (This place is getting old)

-            Continuing roof replacements ($150,000)

-            Road resurfacing (Tens of thousands)

-            Deck replacements (tens of thousands)

-            Overgrown & dying landscaping

-            Increasing need for replacing windows and doors (thousands each)

-            We pay a lot for garbage (overages & individual item pick-up)

-            We have damaged siding that needs replaced

-            We have wooden signs that need repainted

-            Our dumpsters still need attention

-            Sidewalk completion/repair

Things Accomplished

-            GigabitNow Fiber easement agreement signed (May 26, 2024)

-            Around 55 new trees since July 2023 annual meeting

-            Additional new roofs since last meeting

-            New website – transparency.

Kyle Thompson