Lake Forest Community Association Board Minutes
November 18, 1999
Attending: Phil Berne, John Bevis, Gene Cole, Beverly Franklin, Steve Gilbert, Harry Hopkins, Dave Wilson and Jennifer Yurina. Absent: Ed Palekas.
Meeting called to order by Steve Gilbert.
Financial Report. Gene Cole received a letter from the bank advising us that starting in 2000, the checking account will be charged $10 a month service charge. However, if we combine the money market, savings and checking accounts into a Cash Investment Account, we will be charged $85 a year and receive 4.25% interest on that money. No minimum balance. A motion was made and seconded that we move all moneys to the Cash Investment Account.
Budget. Discussion of the proposed budget to be presented at the general meeting followed. A motion was made and seconded that we make the following changes:
Raise banking fees from $15 to $100 to cover new charge
Create a reserve category for curb markings, $400; trail repairs, $18,000 ($15,000 for 1999 and $3,000 for 2000); and signs, $1,000
Put in $3,000 for trail repairs
Raise Civic Organizations from $15 to $100 (actual cost of belonging to these organizations
Put in $394 for Web site support
Since we dont have a community watch and there is no need for new newcomers packets, they were eliminated from the budget (the information is in packets given to buyers at settlement; no need to duplicate).
Trail Repairs. There was a brief discussion on trail repairs which need to be done. But we need to first have someone come out, walk the paths, and give us an estimate. At some point, we will contact the company that did it the last time and go from there.
Milky Spore Treatment. Jennifer Yurina will get information on cost of this treatment for next year. It has been 10-12 years since it was last done and should be done again.
Web Site. Harry Hopkins presented the new web site which will also be presented at the general meeting in December. The web site includes a list of the board of directors, a reminder section, a hot topic and various articles of interest. The menu covers: documents (bylaws, board meeting minutes, and covenants which will be added); local area links to schools, government, transportation and airports; community trail map (coming soon); and recommended contractors.
Clean-up. Mike Yurina attended the meeting to ask for help in cleaning the area along the Parkway. He has been doing it by himself and could use some help. We will bring this up at the general meeting in December.
General Meeting. Scheduled for December 16, 1999, Pohick Regional Library, 7:30 p.m. Topics to be covered: VDOT update, proposed budget, signs, clean-up, and the Web site. Reminder cards will be sent.
Meeting adjourned at 9:00 p.m. Respectfully Submitted Beverly Franklin