Shadow Lake Village

Board of Trustees General Meeting

Tuesday, December 16, 2003. 7:30 pm.

Call to Order:  7:30 pm.

 

In attendance:

 

Board:                                           Wentworth  Administration:                       Attorney:      

President Kevin Byrne                  Richard Carpenter                                    Martin Barger                                                         V-P Mary Carhart                                          

Secretary Karl Strauch                 Worthmore: Maintenance

Treasurer Raymond Johnson       Chris Tensen                                              Residents:            

David Anderson                           Will Boyce                                                  (Attached)

Ned Hammond                             Jim Sullivan

David Howell                                     

Walter Lohmann                          Marion:Security

Fr. Joe Quinlan                           Capt. Harold Taylor                            

 

 

Seventy-Four Residents signed in.

 

Salute to the Flag:  Dave Howell

 

Opening Prayer: Fr. Joe Quinlan

 

Roll Call: Karl Strauch

 

 Introduction of The Board of Trustees and Managers: Kevin Byrne

 

President’s Remarks:  Kevin Byrne

 

Ø     Welcome to all the residents who are in attendance.

Ø      All residents are asked to limit comments to budget related items.

         

Treasurer’s Report: Ray Johnson:

 

Ø     Ray reviewed the budget problems of 2003 to include snow, cash flow, under funded reserves amount, and the special assessment for insurance.

Ø     Ray reviewed the 2004 budget information (attached).

 

Trustee Reports:

 

Walter Lohmann:

 

Ø     Walter reviewed the budget items under his responsibility including Security, the pool, and other smaller items.

 

Ned Hammond:

 

Ø     Ned advised that he and Mary Carhart worked together to establish the Maintenance budget, which is the largest portion of the budget.

Ø     Ned advised that the gas and oil budget had to be increased due to the rising cost of fuel.

Ø     Ned advised that extra money was budgeted for tree maintenance, bench maintenance, concrete repair, gutter, electrical, water, sewer, and indoor-outdoor carpeting.

 

Mary Carhart:  Vice-President

 

Ø     Mary advised that Ned Hammond will become the Maintenance Liaison as of January 1, 2004.  Mary Carhart will be available to assist.

 

Karl Strauch:  Secretary

 

Ø     Karl is the liaison to the Insurance Committee.  He presented a proposal that will increase insurance premiums approximately 8%.  This is within the anticipated insurance premiums prepared for the 2004 budget.

Ø     The premium for insurance is not available until December of each year, which presents a problem in compiling a budget figure.  He advised that industry wide insurance increases are not negotiable.

Ø     Karl thanked Henry Vullo for his help and dedication as the sole member of the Insurance Committee.

Ø     Karl advised that every insurance claim potentially increases our premium.

Dave Howell:

 

Ø     Dave advised that the sand trap repair was completed thanks to the Ladies Golf, Lakers, and Golf Committee.

Ø     Dave thanked Tony DeLorenzo and the Golf Committee for providing the golf course benches.

Ø     Dave advised that golf equipment repairs cost over $5,000 in 2003.

Ø     Dave advised that the golf course enhances the value of the homes in Shadow Lake Village.

Ø     Dave thanked Frances Bubenheimer for her service as Movie Committee Chairperson.  He thanked Rosemary Troianello for assuming the role of Chairperson.  The Movie night has been moved to the first Friday of each month at 7:30 pm.  Winter movies will be held at 2pm.

Ø     Dave thanked Marlene Ellman, Chairperson, and the Socializers for all their help in bringing entertainment to the Village.

Ø     Dave thanked the Garden and Landscape Committee and Rosalie Lohmann for their help.

 

Dave Anderson:

 

Ø     Dave advised that his only budget line item is Special Events.  He will diligently monitor its budget.

Ø     Dave is also alternate to the Administration contract.

 

Fr. Joe Quinlan:

 

Ø     Fr. Joe thanked the House Committee and volunteers for decorating the Clubhouse.

Ø     Fr. Joe expects to enhance the Billiard Room and possibly the Boathouse this year.

 

Ray Johnson: Treasurer

 

Ø     Ray advised that the Loori Bus contract will remain the same as last year.

Ø     Ray advised that investment returns have not been as good as in the past.  He hopes to see improvement.

Kevin Byrne:

 

Ø     Kevin thanked the Board of Trustees and the volunteers for all their work and accomplishments.

Ø     He advised that repairs are necessary because the Village is aging.  Attempts are being made to fix up the Village one section at a time.

 

Questions and Concerns:

                  

Q: Katsy Willey, of 12 Danbury Court, advised the Board of Trustees how much she appreciates their work.  She thanked our custodian, Mike, for all his work.

 

Q: Cathleen Sullivan, of 22 Western Reach, inquired as to how the BOT decides the “storm expense” line item in the budget.

 

ü     Ned Hammond advised that the storm budget is essentially a guess, as no one can really predict the weather for the upcoming year.  However, money from the operating reserves can be added to supplement the budget if necessary.

 

Q: Alice Flynn inquired as to what the “users fees” income line item incorporated.

 

ü     The BOT advised that users fees are the pool and golf guest fees.

 

Q: Ginny Graziano requested that the BOT consider having Maintenance clean out garbage bins.

 

ü     Ned Hammond advised that he is already working on a proposal to help alleviate the problem.

 

Q: A resident inquired about SLV’s garbage removal procedures.

 

ü     Kevin Byrne advised that garbage removal is conducted in-house by Maintenance, but we must rent the compactor and pay for Marpal to empty it and take it for disposal.

 

 

 

Q: Joyce Kucera, of 4 Dickinson Court, inquired as to how the square footage of each unit was determined.

 

ü     Bud Lingner advised that the square footage is based on the original floor plans of the developer.

 

Announcements:

 

Ø     Kevin Byrne thanked all residents who show an interest in Shadow Lake Village as they are an integral part of spreading information to residents not in attendance.

Ø     Mary Carhart advised that Will Boyce will be leaving Shadow Lake Village in January.  Jim Sullivan will become the Project Manager and Ray Pollack will become the Supervisor.

Ø     Chris Tensen from Worthmore thanked the BOT and residents for their past and continued support.  He thanked Mary Carhart for “incredible dedication” over the years.

Ø     Will Boyce thanked residents for their support.  He will still be assisting with the Worthmore Oversight meeting.

 

 

 

8:45 pm Karl Strauch/Walter Lohmann made a motion to adjourn. All were in favor, and the meeting adjourned.

 

 

 

Respectfully Submitted,

 

Richard Carpenter                                Karl Strauch

Administration Manager                       Board Secretary