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Kings Park West Community Association

Board of Directors Meeting Minutes

March 9, 2022

Board Members in Attendance:  Larry Velte, Carolyn LaRosa, Maureen Pettis, Mark Heppner, and Diane Jeffers.

Homeowners in Attendance:  Michael Berman, Marian Dawoud, Ihab Habasdy, Brian Lee, Tu Nguyen, Huan Truong, and Anthony Ko.

Meeting called to order:  7:30 pm. 

Approval of February 2022 Meeting Minutes:  Approved.

Treasurer’s Report:  February 2022 financials reflected the following:  one CIT Operating Account with a balance of $16,114.26; two general fund CD's with balances of $5,522.15 and $5,505.19; one Reserve Study CD with a balance of $21,893.13; [Accounts Receivable - $7,065.03; Allowance for Bad Debts - ($3,905.41); Assessments Receivable - $259.90; Interest Receivable - ($258.63); Prepaid Expenses - $301.19]; total other current assets with balances of $3,462.08; bringing the total assets to a balance of $52,496.81.

Old Business:

New Business:

Hearing no further business, the meeting adjourned at 8:43 pm.