THE LINKS AT SANTA
RITA SPRINGS ANNUAL MEETING
January 24, 2008
John Alley, Holly Arvanites, Marc Dallanegra, Margie Glieden, Tom
Myers, Ron Perlman, Carmen Scarlott, Gerald Vigoren.
Directors Absent: Fred Bader.
The meeting was
called to order by Tom Myers, president, at 9:00 A.M
Election Chairperson, announced that we have a quorum for the
meeting. It takes 51% of the membership or 48 ballots received. 77
ballots out of 94 were received.
A copy of last year
minutes was provided homeowners as they entered the meeting.
MOTION: Moved that
we waive the reading and approve the Minutes of the 2007 Annual
Meeting. M/S/C (Motion/Seconded/Carried)
Tom Myers commented
that this past year was a harmonious one with few issues among
homeowners; most homeowners have demonstrated a mutual respect for
each other, as well as a commitment to the rules of the
Tom talked about an
article he wrote for the upcoming NewsLinks in which he talked about
the board needing to impose fines on a homeowner for not following
the associations’ rules. Fines related to the following:
A physical structure that was put up and is in
dispute with an ARC decision.
Parking cars in the driveway.
Garage door remaining open.
As part of the
appeal process, there will be a closed executive meeting of
the board tomorrow (1/25) to deal with issue #1 above.
Tom called on Carol
Blazick, Election Chairperson, who announced that all nominees were
approved for service on the 2008 board. All board members agreed to
continue to in the same positions as last year.
1. Tom Myers,
Arvanites, Vice President.
Glieden, ARC/Compliance Coordinator.
4. Fred Bader,
Physical Plant Coordinator.
Vigoren, Landscape Coordinator.
Scarlott, Legal Affairs Coordinator.
members below were on the ballot for reelection:
7. John Alley,
Dallanegra, Community Affairs
Tom thanked fellow
board members for their service.
Tom Myers called on
John Alley, Treasurer of the HOA, to provide the yearly
Treasurer, thanked Ed Frantz for providing meticulous records when
he turned over the position to him in 2007.
If we don’t have
more participation from homeowners, the biggest issue facing
our HOA is the possibility of having a management company take over
operations. Next year we will have 6 board members up for
reelection. Some of these 6 might not run again. The three board
members elected this year will not be able serve again because they
would have served for two, two year terms. According to the Bylaws,
a person can serve two, two year terms and then must sit out a year
before standing for election. If a management company comes in,
we will still need a board to provide direction. In addition,
the cost could be more than $50,000. This would have a significant
impact on HOA dues.
reviewed the following documents:
Links HOA Balance Sheet.
Links HOA Income and Disbursements – 2007 Summary
by Quarter (Cash Flow Statement).
Links HOA Income – 2007.
Links 2008 Budget (Approved).
Links Reserve Position Statement (Adopted Oct 18.
Our end of year net
worth of $89,560.28 is an increase of $20,505.01 from the previous
year. Income during the year was $46,641.64 which is derived from
dues, transfer fees, Interest from CD’s and savings accounts. We
spent 78% or $34,136.63 of $43.550.00 budgeted. The 2008 budget is
essentially the same as the previous budget. The biggest item that
did not happen was an allocation into Physical Plant for repair of
curbs. We are trying to find an affordable way to repair cracks in
the curbs and reallocated funds for that in the 2008 budget.
the board took a position to build the reserves to minimize the need
for special future assessments, borrowing, or dues increases. At
that time, the board decided not to give back rebates to
homeowners until we have built up reserves to cover costs as
outlined in the position statement. John clarified the board’s
position relating to the estimated costs below:
Resealing and patching the streets every three
years - $15,000.
Complete repaving of streets - $150,000.
Replacing the mechanisms for both gates -
Non- dedicated reserves (contingency) -
$100,000 (curbs, sidewalks, disaster, litigation).
While we have been
keeping our dues at $445/year, other associations have either
raised their dues or are considering raising them. As of 2007 the
following HOA dues were: The Greens - $540. The legends -
$567, and The Springs - $425. Next year The Springs HOA dues will
be increased by 20%.
During the winter
of 2006 – 2007, we had a lot of frost damage, and in the
spring of 2007, there was a bad wind storm that took out 5
trees. It took the landscaper into the spring to complete the
trimming of plants and trees, and replace those that were lost.
About 40 plants were put in this year.
Arizona Oak trees
were put in by the mailboxes on Greenside Place. These trees will
be dark green and will keep their color all year round. They will
grow to a height of 16 feet.
An infestation of
ground squirrels on the north end of Fade Drive was taken care of.
reasons, a fiberglass rock was used to cover a valve
belonging to Farmers Water in front of the house on Greenside Place
near the east gate entrance. Previously this valve had a lock and a
green bag covering it.
We spent about 96%
of the maintenance budget , 88% of the supplies, plants, labor
budget, and 78% of the water budget. The cost of putting new trees
in were costs not covered in our contract with the landscaper.
In Fred Bader’s absence, John Alley, provided an update about
problems with the west side gates. As the gates have aged,
corrosionx on the leads to the chips have caused the gates to
behave erratically for about three weeks. The gates were repaired
this past Monday. On the east side, there was a lightning
caused event that required the chips to be replaced and resulted in
the gate being inoperable for five weeks.
In response to a
question, Holly Arvanites, vice president, talked
about the new independent living center (The Retreat) currently
under construction on Abrego across from Silver Springs. The new
center will be age restricted, all rentals, and have fewer than 200
units. Units will not have GVR memberships.
The meeting was
adjourned at 9:34 A.M.
submitted by Ron Perlman, Secretary