Kings Park West Community Association

Board of Directors Meeting Minutes

November 12, 2014

In attendance: Larry Velte, Mark Heppner, Linda Fournier, Suzanne Cerney, and Jim Bovino.  Also attending were Crystal Terrant and Terri Jenkins of Burke Community Management Group

Meeting called to order: 7:30 p.m.

Approval of October Meeting Minutes:   Approved 5–0.

Treasurer’s Report: The current checking account balance is $25,291.06; the accounts receivable balance is $2,293.62; there are 2 general fund CD’s in the amount of $5,332.60             each, and the reserve study CD is $19,582.13, bringing the grand total to: $57,832.01.

Linda motioned that the HOA write-off any fees owed by members of less than $1.00; Suzanne seconded; approved 5–0.

Old Business:  The HOA Architectural Control Committee sent three letters to members who failed to obtain approval prior to building on their property.  One was a tree house; the member responded to the first letter; and the Committee retroactively approved it.  The second was a fence, which was later approved.  The final was to a member who built a shed, and that member has yet to respond to the letter.

New Business:  A HOA board member attended a seminar titled, The Impact of Recent Legislative Activity on Community Associations.  Several items addressed at the seminar were:

• Rule Enforcement (HB 791) – HOA has the authority to enforce the covenants in General District Court with appeal to the Circuit Court if necessary.
• Assessment Collection (HB 566) – HOA has the authority to levy late fees when the assessment is not paid within 60 days of the due date, and if there is no amount specified in the covenants, in an amount no more than the penalty for nonpayment of taxes specified in Virginia Code Section 58.1-3819.  Our HOA covenants allow for 6%
• Assessment Collection Authority – HOA has the authority, as outlined in our covenants, to assess late charges and interest and recovery of attorney’s fees and costs. 

Hearing no further business, Linda motioned to adjourn; Jim seconded; adjourned at 8:15 p.m.