Kings Park West Community Association

Board of Directors Meeting Minutes

February 8, 2017


Board Members in Attendance: Nancy Grant, Larry Velte, Maureen Pettis, Mark Heppner, and Jillian Mueller.

Meeting called to order: 7:32 p.m.

Approval of January 2017 Meeting Minutes:  Approved 4–0.

Treasurer’s Report:  January 2017 financials reflected the following: one CAB Operating Account with a balance of $19,127.90; two general fund CD's with balances of $5,362.36 and $5,345.89; one Reserve Study CD with a balance of $19,121.27; Other Current Assets with balances of $2,775.65 (Accounts Receivable - $3,540.07; Allowance for Bad Debts - ($1,066.88); Interest Receivable - $1.27; Prepaid Expenses - $301.19); bringing the total assets to a balance of $51,733.07. 

Old Business:

·         FY 2016 Audit – Board provided vendor conducting the FY 2016 audit with documents needed to complete actions relating to the KPWCA FY 2016 Audit and other financial obligations.

·         Annual Assessments – Fourteen properties still have liens due to unpaid annual assessments due to KPWCA.  Board voted 4-0 in favor to forgive amounts totaling $1.00 or less of interest from arrearages on annual assessments that have been paid in full to date.  

·         Streambed Erosion – Board will contact office of Fairfax County Braddock District  Supervisor to express concern about streambed erosion around Shane's Creek and adjacent properties.

·         Collingham Drive/Roberts Parkway Trees – Board will seek estimates in the Spring for removal of potential tree hazards on KPWCA property; some trees may need to eventually be felled but are not currently posing imminent threat to KPWCA property.   

New Business:

Hearing no further business, the meeting adjourned at 8:15 p.m.