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Home Owners association Annual meeting November 14, 2018

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Presentation on theme: "Home Owners association Annual meeting November 14, 2018"— Presentation transcript:

1 Home Owners association Annual meeting November 14, 2018
Village at Rolesville Home Owners association Annual meeting November 14, 2018

2 Objectives Presidents Report Approval of 2017 Annual Meeting Minutes
Financial Review / 2019 Budget Ratification Committee Reports Who is CMG Introduction of Candidates/Election Review of Questions Submitted by Homeowners Election Results Raffle and Adjourn

3 Financial Performance Review Operating Income Review

4 Financial Performance Review Expenses

5 Financial Performance Review Expenses

6 Financial Performance Review Expenses

7 Financial Performance Review Budget vs Actual

8 Ratification of 2019 Budget
2019 Budget - Action 2019 Proposed Budget $200,750 Reduction of expenses primarily related to $16,000 in property management costs $5,000 in turf care and grounds management $11,000 contingency operating funds Ratification of 2019 Budget

9 Committee Reports Architectural Review – Rob Niesel
Social – Bryant West Recreation and Grounds – Jimmie Sanders Community Watch – Cornell Maye

10 Architectural Review Committee (ARC)
ARC Committee Year in review Review Applications for Architectural Change Ensure the request complies with community guidelines Provide guidance to homeowners regarding change requests Submits decision based on change request information, guideline compliance and committee discussion 39 Applications processed New Committee Members 2019 plan to review and update Architectural Guidelines

11 Violation of Covenants
Through August

12 Social Activities 2 Yard Sales (Spring and Fall) Pool opening party
Summer DJ Series Adult Social - TBD Gameday Event - TBD

13 Recreation and Grounds
Picnic Area Pool resurfacing Gazebo Repairs

14 Community Watch Village at Rolesville Police Stats
Community Watch Recommendations Update from the Rolesville Police

15 Cedar Management Group
Rob Stupar Property Manager Who is CMG How does CMG Operate

16 Board of Directors Election
Introduction of Candidates Vote – Collection of ballots and proxies

17 Wrap Up Questions Raffle Introduce 2019 BOD Adjourn


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