1. Northwood Lakes Condo Association
Annual Meeting “State of the Condominiums””

2. What do you get for your money?
Lawn Mowing
Trash pickup
Lawn fertilizing
Gutter cleaning
Mulching of common areas
Street and driveway maintenance
Yearly grub control
Full replacement value condo insurance
Thrice yearly leaf cleanup
Snow removal
Twice yearly shrub trimming
Free fishing    
Tree trimming
Foundation repair
Community entrance lighting
Gutter and downspout repair
Entrance and common area landscaping
Roof repair and replacement
Pond maintenance
Condo siding replacement
Pond bubblers and fountain
Chimney Repair
Condo exterior repainting

3. Treasurer’s Report 2009 budget - $134,169 Ever increasing costs
Working hard to keep costs down
Fee increase minimal
$18 to $20 approx 4.6%

4. Yearly Per dwelling costs?
Lawn - $ $13/ea, mowing
Snow - $ $16/ea. plowing
Mulch - $18 per unit
Roads and driveways - $60
Tree/Bush, trim/ - $170
Roofs - $477
Siding/Gutters - $97
Chimneys - $27
Ponds - $29
Trash - $77
Paint - $65
Insurance - $134
Fertilize/Weed/Grub - $72 - $14/ea. application 
 Leaf Removal - $48
Total = $1617 per unit            

5. Pond Maintenance - $2354 last year
Ponds and Fences
Pond Maintenance - $2354 last year
Fence rails and posts replaced - $165
Fish in ponds –
Adding carp to keep ponds clean

6. Pavement and Insurance
Driveways need sealing
Potholes fixed
Pavement breaking
Cost to replace $????

7. Insurance covered 25 total and 4 partial roof replacements
Cost of Maintenance
New Roofs –$400,000 this year
Insurance covered 25 total
and 4 partial roof replacements
Association paid for 4 partial and overlays
New Siding- $2,000 per unit
New Chimney Surrounds - $700
Unit painting – 7 units per year - $764

8. Social
Annual Meeting
Men's Breakfasts
Ladies’ Luncheons
Ice Cream Social
Summer Picnics
Christmas Open House

9. Siding needs replacing Increasing grounds costs Dying trees/shrubs
Areas of concern!
Units are older
Needed maintenance
Siding needs replacing
Increasing grounds costs
Dying trees/shrubs
Driveway/road sealing/replacement

10. More concerns Everyone should have a copy
Need for Condo philosophy adherence
Reason for Rules/Regulations, Bylaws and Declaration
Protect condo values
Maintain appearance of community
For Variations….request board approval
Everyone should have a copy
Available on website

11. Goals for 2009 Maintain community appearance
Finish roof replacement – early summer 2009
Plan for driveway/road replacement
Spfld Condo Network (12 associations)
Maintain quality contractors
Increase senior safety
Greater flow of information

12. Come visit our web site
northwood-lakes-condos.com