1. Lakes on Eldridge Annual Meeting
November 8, 2017

2. Agenda Introductions 2017 Major Accomplishments
Financial Report – Assessment $1460
Election of 2 Directors
Appreciation of Volunteers
Flood Update
Announcement of Election Results
Questions and Answers – Written Questions

3. Board Members
David Westphal/Carlon Thorpe – President
Gary Fehsenfeld – Vice President
Michel Hayek/David Westphal – Secretary
Erik Roussel – Treasurer
Sue Strebel – Director at Large
Christi Keller – Creative Management Co.

4. 2017 Major Accomplishments
Gate Cameras at all entrance and exit gates
Cameras record 30 days of entry/exit data
Gate Camera Installation

5. 2017 Major Accomplishments
Complete Refurbishment
New Structural Beams
New Flooring
Pedestrian Bridge at Turkey Creek

6. 2017 Major Accomplishments
New landscape beds at Ginger Ponds and Heather Run Entrances
New Plants at 6 Neighborhood Entrance Monuments
Landscaping

7. 2017 Major Accomplishments
Segments with severe cracks or dents replaced + new skimmers
Before
Repairs allow
for future resurfacing
After
Pool Deck Repairs

8. 2017 Major Accomplishments
Replacement / leveling of broken or low sidewalks
(ongoing program)
Maintenance

9. 2017 Major Accomplishments
Enhanced transparency and Focus
School zones
Speeding
Stop signs
Street parking
Access Control
Notice of Infraction
Increased Safety Awareness

10. 2017 Major Accomplishments
Monthly Friday Night Social
Monthly Special Events
THANK YOU TO OUR SOCIAL COMMITTEE
Community Life

11. Financial Report - 2017 Income

12. Financial Report - 2017 Expenses

13. Financial Report - As of 09/30/2017
Income : $1,093,985.85
Expenses : $1,004,983.58
Net income : $89,002.27
Operating fund balance : $315,692.43
Reserve fund balance : $771,440.03
Projected to finish year on budget
Assessment collection rate over 99%

14. Financial Report - 2018 Assessment
2018 Assessment will be held at 2013, 2015, 2016 and 2017 rate of $1460

15. Nominations from the audience
Election of 2 Directors
Gary Fehsenfeld
John O’Keefe
David Westphal
Nominations from the audience

16. Appreciation of Volunteers
MUD 341
Russell Rush, Bob Wegner, Mark Durka, Christine Mink
Welcome Committee
Barb Campbell, Clive Garner, Marian Gleize, Linda Higdon, Kim Treas*
Social Committee
Veerle Swinnen*, Sue Jolly, Sue Strebel, Sylvere Belliot, Carrie Loid, Karen Parker (Holiday Market), Kim Treas (National Night Out)
Family Committee
Christine de Ciro*, Kris Dixit, Jennifer Kharrazi, Mandy Kin
Lakes and Wildlife
Betty Burkett*, Maggie Wegner
Landscape
Gary Fehsenfeld*, Carlon Thorpe

17. Appreciation of Volunteers
Architectural Control
Gary Fehsenfeld*, Alphine Freeman, Sharon Flynn, Friedel Liptay, Kim Treas
Safety Committee
John Bain, Mark Durka, Eddie Ilavia, Erik Roussel*, Mike Smith, Tony Staples, Bob Wegner
Bus Stop Committee
Judi Ilavia, Suresh Rao, Erik Roussel*, Julie Alderson
Tennis
Ann Criswell, Judi Ilavia, Erik Roussel*

18. Flood Update – Impact to Facilities
Clubhouse including main building, workout room, flex room, office, and auxiliary buildings all damaged
Pool baths showed additional heavy damage after sheetrock cut
Gate house severely flooded and additional damage discovered
All gate electronics & all gate cameras

19. Flood Update – Impact to Facilities
Fountains – All but one panel damaged; 3 pumps damaged
The bridge near the Clubhouse was hit by a power boat.
Landscaping turf was damaged by many ruts and a large number of plants drowned.
Full community clean-up required

20. Flood Update – Clubhouse

21. Flood Update - Gate House

22. Flood Update – Pool Bathrooms

23. Flood Update – Status of Remediation
Clubhouse facility
All damaged materials removed. Re-construction bid for primary facility awarded this week.
The Pool Bath and Gate House contract awarded last week; construction has begun.
Pool has been cleaned/restored
3 Pool pumps replaced
Tennis courts cleaned
Volleyball court sand replaced

24. Flood Update – Status of Remediation
Playgrounds inspected, cleaned and new kiddie mulch installed
Fountains – 20% operational
Heather Run and Ginger Ponds gate electronics replaced
Main gate electronics – December
Landscape ruts repaired
Landscape plant restoration – prior to yr end
Irrigation pump replaced

25. Flood Update - Financial
The HOA had flood insurance.
Facility was inspected by adjuster on 9/8/17
Insurance evaluation received mid-October for Clubhouse facility ONLY. Questions remain!
Still waiting on all other claims including contents, fountains, gates, tennis courts, etc.
2% deductible; Maximum = $39,400.
Opportunity to enhance facilities

26. Flood Update- Upgrades to Facilities
Pool baths
Hot water, full renovation
Add drinking fountain at tennis / volleyball courts
Gate house
Mini split for heat/cool, removal of external conduits, renovation
Main building
Enhanced sound barrier between workout room and main room

27. HOA Election of 2 Directors
ELECTION RESULTS

28. Questions and Answers

29. Lakes on Eldridge Lake C Lake A1 Lake F Lake A Lake B Lake D Lake G
Lakeshore Ridge
Bristol Bank
Lake B
Lake D
Lake G
Lake H
Lake E

30. Flood Review

31. Flood Review