Client Logo Panther Creek Pool October 4, 2010 2010 Annual Meeting President’s Report.

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Presentation transcript:

Client Logo Panther Creek Pool October 4, Annual Meeting President’s Report

1 Table Of Contents  Summary of Past Year –Change in Homeowner Assessment Amount –Maintenance –Landscape –Bexar Met Right-of-Way Easement Purchase –Speed Bumps –Recycle Program, TDS  Outlook for Upcoming Year

2 Change in Homeowner Assessment Amount  Study conducted to determine appropriate level of annual contribution to reserve account which is used to pay for anticipated maintenance costs such as:  Replacement of street lights, pool pump, gates, etc.  Repaving streets and parking lots  Sidewalk and curb repairs  Landscape replacement  Other anticipated maintenance  Study indicated need to fund reserve with $75k in 2010  Assessments had to be raised 25% to achieve this level of funding (increase went into effect with January 2010 assessment cycle)

3 Maintenance Performed  Pressure washing of curbs and sidewalks along entry and in front of pool area  Painting and repair to exterior of guard house (work performed compliments of DR Horton)  Repainting of street signs  Installation of Security Cameras in the Pool  Other pool, street light, irrigation, and misc. repairs

4 Landscaping  Removal of dead Bradford pear along entry  Replacement is intended but has been delayed due to troubles finding an appropriately sized tree  Tree trimming (all trees at entry, and inside/around pool and sports court areas  Drainage Ditch Added to Quarterly Maintenance

5 Bexar Met Right-of-Way Easement Purchase  Easement purchase BexarMet  Permanent right-of-way easement (approx. 20 ft strip of land running along Blanco Rd north of Calico Landing)  Temporary construction easement along Blanco Rd. north of Calico Chase  Right-of-way easement will be utilized to install a new water main to convey drinking water from new storage tank near Timberwood Park to northern Stone Oak area  Total purchase price = $2,189.00

6 Aerial of Parcel Sold to Bexar Met for Right-of-Way Easement

7 Speed Bumps  We have records dating back since the inception of the neighborhood with requests for speed bumps  Petition was submitted in July  Caution signs installed at entrance

8 Recycle Program, TDS  Contract was set to expire with Allied, prices were to increase  Numerous complaints about Allied  Many requests for recycling program  Survey done with Allied  Less than 50% of households used the Saturday trash pickup  The average household used 75 gallons of trash  TDS provides “partially automated service”  Service commitments in the contract

9 Outlook for Coming Year  Builder is wrapping up  Sign on Blanco  Pool Furniture  Basketball Court  Committees  Social, Communications, Landscape, Budget, Violations  Increasing board from 3 to 5

10 To receive community updates, please register on our community website at President Contact Information: Joe Mann Mobile: