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Harbor Cove Timeshare Owners Association Annual Meeting 2018 z

The Board of Directors 2017-2018 Ken Newbury - President Mark Ward- Treasurer Joe Gromala - Secretary Cyndi Homeyer- Deeds Stephanie Ward –Website Fred Humig –Rentals- and so much more Rich Terry (retiring from the board)

Annual Meeting Agenda December 1, 2018 President’s Brief Report Treasurer’s Report- Mark Ward Website Update – Stephanie Ward Rentals – Fred Humig Floor Replacement Discussion New Collection Process- Ron Cash New Business

The State of our Association is Sound Guided by fiscally conservative policies, your association has maintained the integrity and safety of all units while developing a plan for incremental improvements to all units.

Successes Management team is providing exemplary service to our owners and guests Budget allowed for substantial improvements and repairs without a large maintenance fee increase Improvement in RCI rating (NOTE: 86/200+ owners use RCI) This Photo by Unknown Author is licensed under CC BY

2018 Improvements New queen sleeper sofas New queen mattresses New large screen HDTV Relocated living area LED TV to Master Budgeted for replacement of A/C Unit 14 New twin mattress in one unit Repaired hot water heaters and miscellaneous concerns in all units

2019 Improvements 2020 Improvements New upstairs flooring planned without increase in maintenance fees Development of a long range plan for improvements and replacements (e.g. painting, appliances, furniture) 2020 Improvements New carpeting considered for the downstairs Twin mattress replacement cycle anticipated

Challenges Balancing our wants and needs Developing a long range plan for improvements Marketing to a new generation of owners Developing new leadership (board and other responsibilities) This Photo by Unknown Author is licensed under CC BY

Treasurer’s Report