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Spring Valley Homeowners Association 2014 Annual Membership Meeting WELCOME Spring Valley HOA - 2014 Annual Membership Meeting
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Call to Order Approval of Previous Minutes Introduction 2013 & 2014 Boards Reports President’s Report Architecture Committee Covenants Committee Website Irrigation Financials / Budget 2014 Budget Member/Neighbor Input New Business Matchett Park Door Prizes Adjournment AGENDA Spring Valley HOA - 2014 Annual Membership Meeting
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Joel Robinson, President Judy Hawkins, Vice-President & Covenants Connie Doležal, Secretary Sharon Wilkinson, Treasurer Michael Tucker, Architectural Chair Christine Sartoris, Website 2013 OFFICERS & DIRECTORS Spring Valley HOA - 2014 Annual Membership Meeting
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2013 BOARD AT PUMP HOUSE
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2014 BOARD OF DIRECTORS Joel Robinson, President Wayne Campbell, Vice-President Mike McDowell, Treasurer Sharon Wilkinson, Secretary & Covenants Chair Christine Sartoris, Web Site & Architectural Chair
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Reports PRESIDENT’S REPORT Spring Valley HOA - 2014 Annual Membership Meeting
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Volunteers Irrigation System Improvements Web Site Overhaul & eNewsletter Collections Quorum Door Prizes OVERVIEW 2013 Spring Valley HOA - 2014 Annual Membership Meeting
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Committee Reports ARCHITECTURAL REVIEW Spring Valley HOA - 2014 Annual Membership Meeting
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Approved 37 Total Requests 13 Painting 8 Fence Replacements 2 Storage Sheds 6 Re-roof 4 Stucco 3 Repaint & Roofing 1 Room Addition Complaints 3 regarding colors 1 regarding fence ARCHITECTURAL CHANGES 2013 Spring Valley HOA - 2014 Annual Membership Meeting
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Submit all three (3) copies of the Architectural Change Request, available on Web site Submit a manufacturer’s paint chip for each color for each copy of the request Submit a manufacturer’s paint chip (if different) for siding, trim, garage doors, etc. Chart of Approved Colors is available ARCHITECTURAL REMINDERS Spring Valley HOA - 2014 Annual Membership Meeting
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Committee Reports COVENANTS & RESTRICTIONS Spring Valley HOA - 2014 Annual Membership Meeting
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Parking Violations Cars on grass RVs, boats, ATVs not behind fences Overgrown Lawns Garbage cans in front of house Sharon Wilkinson, 2014 Covenants chair —contact for enforcement issues MOST COMMON COMPLAINTS & COMPLIANCE ISSUES Spring Valley HOA - 2014 Annual Membership Meeting
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Report SPRING VALLEY WEBSITE Spring Valley HOA - 2014 Annual Membership Meeting
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SVHOA DOCUMENTS Articles of Incorp Bylaws Covenants Welcome Brochure Annual Mtg Proxy 2012-13 BOARD MEETING MINUTES Annual Mtg minutes February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 September 2013 October 2013 November 2013 December 2013 2014 BOARD MEETING MINUTES Annual Mtg Agenda SVHOA POLICIES Dispute Form Adoption Repeal Collections Enforcement Policy Amendment NEWSLETTERS Spring 2012 Fall 2012 Spring 2013 Fall 2013 FINANCIALS Annual Budget Most Recent Financials OTHER Architectural Request Change Form
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Committee Reports IRRIGATION SYSTEM Spring Valley HOA - 2014 Annual Membership Meeting
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IRRIGATION PUMPS - IMPROVEMENTS
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Spring Valley HOA - 2014 Annual Membership Meeting IRRIGATION PUMPS - IMPROVEMENTS
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Committee Reports TREASURER’S REPORT Spring Valley HOA - 2014 Annual Membership Meeting
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INCOME-2013 Assessment - $200/yearYear to Date2013 BudgetBudget Bal. Income Homeowners Dues 82,913.00 $ 83,800.00 $ 887.00 Fees & Penalties 815.61 50.00 (765.61) Income - Transfer/Status Fees 95.00 - (95.00) Miscellaneous Income 5.00 75.00 70.00 Sub-Total Income 83,828.61 83,925.00 96.39 Interest Income 275.16 400.00 124.84 Total Income $ 84,103.77 $ 84,325.00 $ 221.23 EXPENSESYear to Date2013 BudgetBudget Bal. Annual Meeting Expenses $ 145.00 $ 175.00 $ 30.00 Capital Inprovements 34,789.21 - (34,789.21) Income Tax Expense - - - Insurance Expense 3,395.00 3,000.00 (395.00) Irrigation Manager Expense * 10,225.00 8,000.00 (2,225.00) Maintenance & Repairs Expense 3,492.87 7,500.00 4,007.13 Office Manager/Bookkeeper Expense 9,000.00 - Office Expenses & Supplies 2,311.13 2,500.00 188.87 Power Expense 15,322.39 13,500.00 (1,822.39) Professional Fees 778.75 1,000.00 221.25 Recording Fees 44.00 150.00 106.00 Location Utilities 293.39 250.00 (43.39) Water Expense 5,971.90 6,500.00 528.10 Miscellaneous 5.00 1,000.00 995.00 Total Expenses $ 85,773.64 $ 52,575.00 $ (33,198.64) To Reserves to Balance Budget $ 31,750.00 $ 84,325.00 2013 FINANCIAL STATEMENT Spring Valley HOA - 2014 Annual Membership Meeting
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OPERATING EXPENSES Spring Valley HOA - 2014 Annual Membership Meeting
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2013 2014 ( actual ) (current dues $200) Income $ 84,103 $ 83,800 Operating Expenses - 50,984 - 57,815 Total Net Income $ 33,119 $ 26,240 2013 End of Year & 2014 BUDGET Spring Valley HOA - 2014 Annual Membership Meeting
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JANUARY 2014 ESTIMATED RESERVES Operating Account: 4,382 Capital Improvement:74,961 Money Market Reserves: 73,917 Estimated Operating and Reserves:$ 153,270 Spring Valley HOA - 2014 Annual Membership Meeting
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MEMBER/NEIGHBOR INPUT Spring Valley HOA - 2014 Annual Membership Meeting
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NEW BUSINESS Spring Valley HOA - 2014 Annual Membership Meeting
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Survey Link – for community input open until Jan 31, 2014 – (available on the city’s website) https://www.surveymonkey.com/s/ MatchettPark_Survey1 https://www.surveymonkey.com/s/ MatchettPark_Survey1 Next Community Meeting February 13, 2014 (details to follow) Visit the City’s website to learn more at www.gjcity.org www.gjcity.org Newsletter Community meeting #1 power point FAQs Spring Valley will also post meeting dates on our website Stay informed Provide Input MATCHETT PARK Spring Valley HOA - 2014 Annual Membership Meeting
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HOA DUES DOOR PRIZE Proxy Door Prize Attendee Door Prize Spring Valley HOA - 2014 Annual Membership Meeting
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Adjournment THANK YOU! www.springvalleyhoawebsite.com Spring Valley HOA - 2014 Annual Membership Meeting
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