2007 HOA Meeting Minutes & Budget

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Harps Mill Woods HOA, INC.
2007 Homeowners Association Annual Meeting Minutes

2007 Annual Meeting Agenda

  • Call to Order
  • Approval of Minutes
  • Officer Reports
  • Treasurer
  • A financial review by Paul Dennis, CPA.
  • Previous year’s actual expenses.
  • President
  • Pig Pickin’
  • Dues remain $160.00.
  • Rules, no parking on street.
  • Committee Reports
  • Social: Easter Party, Pool Party, Halloween Party.
  • Old Business
  • New Business
  • Election for one vacancy.
  • Adjourn

Minutes from Harps Mill Woods Annual Meeting

February 21 and May 20, 2006

February 21, 2006, 7:05pm. Call to order by Jon Lee.

A quorum of 12 households was not present so the meeting was adjourned without conducting any business. The 3 year board terms for Michael Arber and Lois Foster have expired.

Officers: President Jon Lee, Secretary & Treasurer Michael Arber

May 20, 2006, 2:05pm. Call to order by Rob Smith.

  • Attendance: 22 households. A quorum was established.
  • Board Members Present: Rob Smith, Howard Perry
  • Minutes from 2005 were approved.
  • The annual meeting was originally scheduled for February 21 as in previous years. But the February meeting lacked a quorum so it was rescheduled for May 20 so the HOA could conduct necessary business.
  • The Treasurer’s report written by Michael showed the actual expenditures last year and how they matched up with the budget. Assets at the year-end were $27,720.26.
  • The budget was given. The board was proud to be able to reduce the dues to $160.
  • We completed a financial review by a CPA. The pool was painted.
  • The Social report was given by Lois. The Easter egg hunt and Halloween costume party were a success.
  • New Business: Two terms expired held by Michael Arber and Lois Foster. The two vacancies were filled by the only two nominees, Carole Springfield and Mark Jones. The vote by acclamation was unanimous. This does not change the officer positions where Jon Lee is President and Michael Arber is Treasurer and Secretary.
  • 2:20 Adjourned

12/31/2003 Cash Assets $31,343.26. No liabilities.

12/31/2004 Cash Assets $28,304.68. No liabilities.

12/31/2005 Cash Assets $27,720.26. No liabilities.

12/31/2006 Cash Assets $26,954.39. No liabilities.

Board Members:

  • Jon Lee
  • Rob Smith
  • Mark Jones
  • Carole Springfield
  • Howard Perry

2007 Budget