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| scotto |
6/29/2009 12:30:59 PM |
| Here is the summary of the annual meeting...
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For those who couldn't make it, here is a summary of last evening's annual association meeting. 44 residents attended (of about 1,100 total residents) representing about 30 of 462 units. The meeting started at 7:08 p.m.
Toni Nagy was said to be unable to attend, and V.P. Richard Haley started the meeting in an adversarial manner challenging people to talk to him, and not behind his and Bud's backs. Haley said the meeting would follow the agenda - which Bud had forgotten to pass out. The meeting was stopped for a few minutes while the agendas were distributed. No financials were distributed at the meeting.
Board member Sheri Hill said there were insufficient votes, so the entire board election will be redone in the near future. When asked how many voters we were short, she initially indicated she could not discuss that, then after some prompting explained we were 7 voters short.
Next, Bud went on at length with horror stories about the problems with the association's ability to collect dues and assessments from the many vacant and bankrupt units. He indicated 30 units are currently vacant. He also said our foreclosure rate is one of the lowest in the region, and explained that our liability insurance costs have skyrocketed 7x due to more slip and falls. He spoke angrily about the amount of payroll taxes the association has to pay the state and federal government.
Bud explained that due to budget and credit constraints, there will likely be only two units resided this year - buildings 9 and 71.
With regard to the new once-a-week garbage pickup schedule, board member Judy Garvey said residents can place garbage in the dumpster near the association's office when necessary.
Two residents complained that not all residents received ballots in the mail. Bud and Richard strongly disagreed.
Several residents voiced concern about the association's lack of communication. One gentleman stated, "We communicate and you don't." Another said, "there is no communication." There was a verbal exchange where one resident indicated he resorted to sending registered letters to the association.
Bud said he surveyed real estate agents in the area, and found that the most popular selling point of Lakewoode is for rental units for investors. He then went on to explain that the association's bylaws would be rewritten in May to "tighten up rentals".
There was general discussion regarding keeping the grounds and association looking good, and residents were encouraged to work together with the neighbors to make this happen.
The meeting ended at 8:45 p.m.
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| Admin |
6/28/2009 4:41:13 PM |
| The old messages were not compatible with the new system and could not be imported. We are sorry for any inconvience this may have caused. |
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| thorpe81 |
6/26/2009 2:21:12 PM |
| Where are the blogs? |
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| Admin |
6/24/2009 11:47:13 AM |
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