1. Annual Meeting of the Members
Vail Association
Annual Meeting of the Members
December 29, 2017

2. Welcome
and
Happy Holidays!

3. AVA Annual Meeting Rick Bross
Call to Order
Confirmation of Quorum
Rick Bross
At-Large Director, President

4. Board of Directors Rick Bross Dan Gallagher
President (Metro District) (Outgoing)
At-Large Director (Nominating)
George Bigley
George Coleman
Commercial Director
At-Large Director (Activities, Strategic Planning, DRC)
Patty Strunk
Medium Density
Cynthia Bell
(Beautification)
High Density (Communications) (Outgoing)
Cathie Bennett
Low Density Director (Finance)
Team:
Jerry Hensel – Association Manager
Tim Baker – Sr. Director of Base Area Ops
Carol Floyd – Administration
John Herbert – Public Safety Manager
Erin McCauley– Finance
Steve Nusbaum/Sid Shultz – DRC Admin

5. Meeting Agenda
Meeting Minutes Approval from December 29, 2016 Meeting
Election of Board Members – Greg Perkins
Mountain Update – Beth Howard / Gary Shimanowitz
Financial Update – Rick Bross
Community Update – Rick Bross
Capital Project Update – Jerry Hensel
Election Results – Greg Perkins
Other Business
Adjournment

6. Approval of Previous Meeting Minutes (Dec 29th, 2016)
Election of Board Members – Greg Perkins
Introduction of Candidates:
Randy Smith – At-Large Director
Tim Gropp – High Density Director

7. Mountain Report Beth Howard VP & Chief Operating Officer
Gary Shimanowitz
Vice President of Mountain Operations

8. Financial Update Total Revenue $2,398 $2,119 $2,120 $279
($ in thousands)
2018
(Budget)
2017
(Actual)
$ Var
‘18 Budget vs ‘17 Actual
Total Revenue
$2,398
$2,119
$2,120
$279
Total Expenses
($2,261)
($2,091)
($2,103)
($170)
Operating Surplus / (Deficit)
$137
$28
$17
$109
Capital Expenditures
($187 )
($146)
($174 )
($41)
Ending Fund Balance
$1,129
$1,179
$1,141
($50)
Increase of $400 to $1600 for the 2018 annual assessment.
RETA estimates remain consistent with prior year.
Design review guidelines update is included in the 2018 expenses.
Capital expenditure projects are in line with prior year budget.

9. Community Update

10. Updating the Arrowhead Design Guidelines
WORK IN PROGRESS
Updating the Arrowhead Design Guidelines
The Design Review Committee will work with staff and Shepherd Resources.
DRC Members
David Cooper
Gail Gelfand
Kathy Alto
Terry Scanlan
Bert Solomon

11. at Country Club of the Rockies
Town Hall Meetings
4:00 pm
at Country Club of the Rockies
Friday, January 5th
and
Friday, February 16th

12. PUBLIC SAFETY
Lock down of SE and SW gates from 11:00 pm until 5:00 a.m.
Homeowner Only signage at SE and SW gates directing service providers, hikers, and bikers to enter through the main gate.

13. PUBLIC SAFETY
Two additional digital speed control signs that record data on all passing vehicles.
One is mobile and will be moved around the community
One is permanently mounted on Cresta Road

14. PUBLIC SAFETY
Signage at Cresta Gate directing walkers and cyclists to ascend and descend on the right side of the road.
Striping for a bike/pedestrian lane on Cresta Road is under consideration.

15. PUBLIC SAFETY
Signage at Cresta Gate requesting mountain bikers ascend and descend on the Arrowhead Village-to-Village Trail only.

16. PUBLIC SAFETY
New Mandatory dog on leash signage at the parking lot and McCoy Springs.
Homeowners are to call Public Safety in advance of guests and infrequent service providers.

17. 2018 Capital Projects
Jerry Hensel
Association Manager

18. 2017 Capital Projects Summary

19. Proposed 2018 Capital Projects
Cresta Road Landscape Upgrade $82k
Village Landscape $30k
Access Control System Upgrade $30k
East End Hiking Trail Construction $30k
Swimming Pool Feasibility Study $10k
Lighting Analysis $5k
_____________
Total $187K

20. Legal Counsel for the Association
Election Results
Greg Perkins
Legal Counsel for the Association

21. Other Business

22. Making Arrowhead a better place to live and play!
Adjournment
Making Arrowhead a better place to live and play!