Kings Park West Community Association

December 12, 2007

Attending:  Mary Hovland, Linda Fournier, Jim Messinger, Joe Meyer,

Meeting:  Called to order at 7:35 p.m.  

Approval of October Meeting Minutes:  We reviewed the November 14, 2007, minutes.  Mary motioned to approve; Joe seconded; approved.

Treasurer’s Report:  Jim reported that the current balance is $23,823.32 in cash, and as of December 1, 2007, we expected to spend a total of $21,111.00, which was $2,712 under our projected expenditures.  There are 4 CD’s in the amount of $5,000 each that have a 5% locked rate. There is an additional reserve CD for $5,335.59 for a total in CD’s of $ 25,335.59, which matures in April 2008.  (CD earnings will add about $1,300 to our total balance.)  The cash reserve is $1,001.58.  The current grand total is: $50,160.49.

Assessment Response:  Payment from 25 households is still outstanding.  Jim moved we waive a $.15 late fee on one home; Mary seconded; it was approved.

Lien Status:    Liens remain on 8 properties.  We discussed that several liens will expire in the near future and what action should be taken. The matter will be discussed at a future meeting, once it has been more thoroughly researched.

Resale Packets:  We billed $900 for resale packets and received $750 in payments.  One has not yet been billed.

Tapestry resident parking issue:  “No parking” signs were installed on Roberts at Tapestry to dissuade drivers from parking too close to the intersection.   

Web site status:  We are grateful for our volunteer webmaster; however, we decided to solicit quotes from designers that can design and update our website on a more frequent basis.  Linda will be the point of contact on this endeavor.

Neighborhood Watch:  To be discussed at our next meeting.

University Mall Renovation:  The designers of the renovation held a meeting to present their plans to the public; however nothing was official at this time.

Trees:  Joe will contact the tree removal service for the tree needing removal on Notting Hill.

Meeting:  Hearing no new business, Joe motioned to adjourn, and Jim seconded.  The meeting adjourned at 8:25 p.m.