1. Westridge Estates Annual HOA Meeting
Thursday, November
Board Members: Jacque Buchanan, Gary Callahan, Joe LaGrotta, Judy McKernan, & Jack Morgan

2. Agenda: Westridge HOA Meeting
Welcome & Approval of Last Year’s Minutes
Security and Neighborhood Watch
Barbara Bennett, Sheriff's Office
Board Activities of Past Year
Westridge Finances
Covenants & Rules
Current & Next Year Projects
Homeowner Suggestions

3. Welcome to the Neighborhood
John and Ferri Erickson
4807 Westridge Dr.
Chuck & Missy Delruesie    
2710 Westridge Ct.
Robin A Dipasquale & J John Kinczewski  
5115 Westridge Dr.

4. Agenda: Westridge HOA Meeting
Welcome & Approval of Last Year’s Minutes
Security and Neighborhood Watch
Barbara Bennett, Sheriff's Office
Board Activities of Past Year
Westridge Finances
Covenants & Rules
Current & Next Year Projects
Homeowner Suggestions

5. Security and Neighborhood Watch
Barbara Bennett
Crime Prevention Unit
Larimer County Sheriff’s Office

6. Board Activities of Past Year
1. New property management company
2. New mailboxes.
3. Updated directory.

7. Board Activities of Past Year
4. Replaced/repaired neighborhood fence.
5. Neighborhood weed program (sprayers, herbicide, advice).
6. Updated Neighborhood Rules & Regulations; Developed HOA Procedures Document.
7. Property assessment (annual dues) and covenant violation issues.
8. Four quarterly board meetings.
9. New neighborhood insurance, effective July 1 (Farmers Insurance).

8. Board Activities of Past Year
10. Dean Schilling evaluated trash haulers, decided to stick with Waste Management.
11. Trash day for neighborhood. Collected and hauled neighbors trash to landfill.
12. Realtor Communications (covenants, county policy regarding neighborhood management and land use. Westridge Estates opposed to lot sub- division (county law prohibits).
13. Weeds in open spaces and along County Road 38E sprayed this summer.
14. New board member chosen for Architectural Control Committee.

9. Financial Highlights
2015
2016 Budget
Income
Actuals
Annual
HOA Dues
$9,182.00
$8,550.00
Fees, Late
$170.72
Other
Total Operating Income
$9,352.72
Other Income (Interest, Fees)
$65.00
TOTAL INCOME
$9,417.72
$8,615.00
Budget: Expenses
Expenses
Administration Expenses
Mgmt Fees
$2,010.00
$0.00
Insurance
$917.00
$962.85
Admin Fees
$240.49
Acct/Tax Prep/Professional/HOA state file
$28.39
$40.00
Legal
$100.00
Rough Estimate
Other (Office)
$34.69
$200.00
Administration Subtotal
$3,230.57
$1,302.85
Maintenance
Electricity
$382.00
$420.00
Maintenance - Fence, Supplies
$104.00
$500.00
Dumpster
$136.00
Bike Path
Other (Weed Ctrl)
$250.00
$1,000.00
Maintenance Subtotal
$872.00
$2,220.00
Special (One Time)
Social Events
Mailbox
$1,105.00
Special Subtotal
Reserves/Capital Expense - Street
TOTAL
$5,207.57
$4,022.85

10. 2016 Budget
Income
2015 YTD 
Income (loss)
Net Income (loss)
$4,210.15
$4,592.15
Net Income (loss) less one time Expenses
$5,315.15
$5,092.15
EOY 2015
EOY 2016
Ending Balance
$7,561.23
$11,084.08
Westridge CD
$11,937.76
$11,987.76
TOTAL ASSETS
$19,498.99
$23,071.84

11. Reminder Covenants/Rules
Atlas Management not monitoring for past three months. Westridge HOA will begin monitoring again shortly.
Please, ensure RVs, boats, etc. are stored in ACC-approved structure or off-site.
Keep garbage cans stored.

12. Current & Next Year Projects
HOA Assume Management of Westridge
Modernize Westridge Record-Keeping
Develop Neighborhood Weed Program
Private lots
Common areas
Ditches

13. Changes for Next Year
Initially we will be a Self Managed HOA i.e. the board will do all the billing and management.
The HOA address will be:
Westridge Estates HOA, 4602 West Ridge Drive, Fort Collins, Colorado 80526
The HOA will have generic addresses as follows:

14. More Changes for Next Year
Dues will be due February 15, 2016 and checks will be paid to the new HOA address. Invoices will be mailed before January 15, 2016.
The current board will remain for However, three new board members will be elected in November Looking for new blood.
Officer election will occur at the next board meeting and more details of self management will be decided. (November 24, 2015). All are welcome to attend.

15. Questions and Comments
It is your turn to speak.