1. SKY LAKES SECTION II ANNUAL HOME OWNER’S MEETING 2015
Date: January 26, 2015
Time: 7:00 p.m.
Where: Hockley Community Center

2. Welcome SKY LAKES SECTION II ANNUAL HOME OWNER’S MEETING 2015
Date: January 26, 2015
Time: 7:00 p.m.
Where: Hockley Community Center

3. WE ASK THAT YOU PLEASE TURN OFF OR SILENCE YOUR CELL PHONES AT THIS TIME2

4. INTRODUCTION OF BOARD MEMBERS Name Elected Positions Time Served
Helen Hogan
President
March 2011
March Present
Kyle Stone
Vice President
September 2014
September Present
Natalie McKnight
Secretary
March 2012
March Present
Ann Goff
Webmaster
June September 2014
Treasurer
June Present
Carla Kopech
Sandy Roberts
Bookkeeper June 2013 3

5. Community website and Email
Reference information available online
Building Committee and Water Supply Board
notifications
Use of property owners contact info limited
Community news
Blog
Send suggestions or requests to

6. Election of officers Ann Goff David Haynes Carla Kopech
Natalie McKnight
Tim Sitton
2015 Building Committee Board

7. Profit & Loss Jan – Dec 2014 Jan – Dec 2013 INCOME Maintenance Fees
$4,117.51
Interest
$20.09
Late Fees
$0.00
Lot Mowing
$48.00
Other Income
$410.08
Misc Income
$0.91
Total Income
$4,596.59
EXPENSES
Attorney
$1,611.39
Community Events
$5.44
Computer & Internet Expenses
$25.55
Insurance
$3,869.83
Legal Fees
$74.00
Office Supplies
$180.63
Postage & Delivery
$338.03
Professional Fees
$610.30
Utilities
$2,435.08
Vacant Lot Maintenance
Total Expenses
$9,198.25
Net Ordinary Income
-$4,601.66
INCOME
Maintenance Fees
$11,110.74
Interest
$20.05
Late Fees
$27.95
Total Income
$11,158.74
EXPENSES
Community Events
$100.00
Computer & Internet Expenses
$257.13
Insurance
$3,610.83
Legal Fees
$311.00
Office Supplies
$15.11
Postage & Delivery
$88.01
Professional Fees
$455.00
Software
$193.04
Utilities
$2,405.57
Total Expenses
$7,435.69
Net Ordinary Income
$3,723.05 5

8. Treasurer’s Report Beginning Balance January 1, 2014 $7,658.49
Credits:
Maintenance Fees
2014
$5,113.26
2015
$2,101.71
TOTAL CREDITS
$7,214.97
Debits:
Mowing
$48.00
P.O. Box Rental
$34.00
Bookkeeping Fees
$455.00
Computer Fees
$25.55
Insurance
$3,869.83
Office Supplies & Signs
$186.07
Postage & Delivery
$304.03
Professional Fees
$159.00
Legal Fees
$1,611.39
Filing Fees
$74.00
Utilities
$2,239.73
Refunds
$293.45
TOTAL DEBITS
$9,300.05
Ending Balance
December 31, 2014
$5,573.41
Savings Account Balance
$10,034.05 6

9. 2015 Budget Category Description 1/15 – 12/15 TOTAL INCOME
Maintenance Fees (Projected)
$6,500.00
Interest
$20.00
Late Fees
$0.00
$6,520.00
EXPENSES
Community Events
$100.00
Computer & Website Hosting Fees
$150.00
Insurance
$3,900.00
Legal Fees
Office Supplies
$250.00
Postage & Delivery
Professional Fees
$800.00
Software
Utilities
$2,250.00
$7,600.00 8

10. 2014 Board Activities 
First Building Committee Meeting was held February 17, 2014
Elected Officers
Approved submitted requests for shed, driveway extension, boat garage, 3 new homes and 1 fence
12 meetings were held during 2014 (scheduled to meet 3rd Monday of every month), one special meeting held
Accepted resignations from Shelton Wakefield and Sandy Kitterman
Hired attorney to research deed restrictions and provided guidance on maintenance fee increase and maintenance fees imposed by airport property owner
Scheduled special meeting to address maintenance fee increase policies and procedures and issued an addendum to Sky Lakes II deed restrictions
Mailed letter in July regarding approval of maintenance fees and generated modified maintenance fee invoices reflecting credit balances
Mailed letters for 2015 meeting
Billed 2015 Maintenance Fees; committee members handled the mailing of invoices
Requested bids on insurance policy; received only one bid and one no bid due to liability risk. Accepted AIA insurance bid. 9

11. Golf course sale status
Sale of the golf course is under contract and expected to close April 15

12. SKYLAKES SECTION II SUCCESSOR BUILDING COMMITTEE MEETINGS
A meeting is held the third Monday of every month and everyone is welcome to attend. We simply ask that you call and/or one of the Board Members prior to the meeting, in the event of a location change.
You may contact us at if you would prefer. 10

13. QUESTIONS & ANSWERS TIME16

14. MEETING IS ADJOURNED 17