Westminster Park Association

July 15, 2013

Westminster Park Association

• Agenda: – Introduction of Officers - Clay– Treasurer’s Report - Mike– 2013 Budget – Income & Expenses - Clay– Sub Division Road , Repairs & Paving - Mike – Other Items: - WP Board Members• By-Law Revision’s • Nominations For Board Positions

Westminster Park Association

• Elected Board:– Clayton Leroue - 7285 President– Bryan Ralph -7284 Vice President– Mike Lavery - 7261 Treasurer– Craig Bond - 7182 Secretary– Darryl Adams - 7300 At Large

Westmister Park Association

• Treasurer’s Report– Current Bank Account Balance (06/30)/13 $11,567.43

2012 Income 2012 Dues $7,984.00

2012 Expenditures– Grounds & Snow Removal 1,280.00– Legal Expenses 287.00– Liability Insurance ($1 mil coverage) 526.00– Website 53.91– Supplies – Checks 122.41– State / County Fees 20.00– Consumer’s Energy (Street lingts) 1600.00 $3,889.32

2012 Performance Inc (o)/U Exp $4,097. 68

WP Assoc. 2013 Budget

Income: (28 homes X $200) $5,600

Expenses:

Grounds & Snow Removal $2,000Legal Expenses 400Insurance 550License Fees 50Office Supplies & Web Site 200Street Repair 1,500 $4,700

Reserve 900 Expenses & Reserve $5,600

WP Assoc 2013 PerformanceThrough 6/30/13

Income:

Dues Paid (16 homes X$200) $3,200Dues Unpaid (12 homes X200) $2,400Dues in arrears – Liens $1,321 $3,721

Expenses:Grounds & Snow Removal $1,275Legal Expenses 500Insurance 529Street Repair 1,300Office Expenses 33 $3,637

Performance Over / (Under Actual) $( 437)

WP Association Dues Policy

• Association Dues Schedule 2013 - $200 Payable by 6/30/13

2013 – Late Fee Assessed after 6/30/13 2013 – Failure to pay results in a lien on

the property

WP Association

• Street Paving Project – Three Estimates:

– Ace Asphalt Company $52,700

– Delta Paving Company $43,000

– Pro-Pave Company $49,500

Next Step: Enter into negotiations with the

developer to make it happen soon.

WP Association

• Other Items:– Address Changes To By-Laws• Cars – In driveways

Over Night Street Parking

• Pets on the property• Pavement damage by contractors

– Nomination & Election of Officers