The Links at Midlane Homeowners Association 2017 Annual Meeting Minutes April 17, 2017

Agenda Called to Order at 7:17 PM   Called to Order at 7:17 PM Approved Previous Minutes with out comment. Ratification of any actions taken since the last Homeowners Meeting Property Manager: Nimrod Realty Landscape Maintenance: Greenhaven Sprinkler Repair & Maintenance: Midwest Irrigation Pond Algae Control: ILM Street Light Maintenance: Hucker Electric Treasurers report – Nancy Laatsch Motion to approve 2016/2017 budget, Wally Miltimore; 2nd by Marybeth Kavanagh; all aye. 2016 – 2017 Recap Accomplishments: Presented by Marybeth Kavanagh Planned Projects: Presented by Marybeth Kavanagh Questions submitted from the Community & the floor : no answers pending. Could NOT establish a Quorum for Election of the Board of Directors. Current directors W. Miltimore, M. Kavanagh, C. Carothers and N. Laatsch have agreed to stay on the board until the next election. Motion to adjourn, M. Kavanagh, 2nd N. Laatsch, all aye. Meeting adjourned.

Treasurer’s Report Expense Maintenance   Maintenance Lakes/Ponds $ 7,500 River rock/Cleaning Landscaping Maintenance $23,559 Per contracts Landscaping Improvements $ 3,400 Repair: Cypress Ct Misc. Projects $ 2,500 Ponds Lights Tree Removal $ 1,000 Trees & Stumps Sub Total $37,959 Repair and Replacement Electrical $10,000 Misc. $ 1,000 Sub-Total $11,000

Treasurer’s Report Utilities Electricity $10,000 Sub Total $10,000 Administrative Bank Charges $ 600 Loan Application Insurance $ 5,000 Prop/Liability Loan Repayment $25,013 12 months Legal $ 5,000 Loan review Professional Fees $ 2,000 Accountant Licenses and Permits $ 60 Management Fees $ 8,500 Nimrod Misc. $ 250 Printing, postage, copies $ 3,300 Sub Total $49,723

Treasurer’s Report Payroll Worker's Compensation $ 800 Sub Total $ 800   Total $109,482

Treasurer’s Report Notes regarding bank loan for light pole replacement: Loan repayment is based on a loan amount of $145,000.   $70,191(42%) has been paid YTD from our reserves. It was our intent to repay ourselves $30,000 to $40,000 to include in loan. That would make the final loan amount $126,931 ($30,000 repayment) or $136,931 ($40,000 repayment) so our loan payment will most likely be a little lower or we can look at a 5 year vs 7 year payment plan. Total paid to Hucker will be $167,122

2016 – 2017 Landscape Plans

2017 Planned – Light Pole Replacement Project All poles to be replaced starting in mid April and lasting 4 weeks (weather permitting). OLD NEW

Activities Planned Complete Light Pole replacement project Continue Landscape Improvements Fourth Island at entrance and Cypress Point Make repairs as necessary Tree/Stump removal Work with city to complete tree & stump removal Street repairs Work with city to repair streets and curbs Garage sale: June 22-25

Links Garage Sale! June 22-25

Questions from the Community

Election of the Board of Directors

Board Candidates: Marybeth Kavanagh Nancy Laatsch Wally Miltimore Charles Carothers

Meeting Adjournment