Kings Park West Community Association

Board of Directors Meeting Minutes

May 14, 2025

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

Meeting called to order:  7:35 pm. 

Approval of April 2025 Meeting Minutes:  Approved.

Treasurer’s Report:  April 2025 financials reflected the following:  one CIT Operating Account with a balance of $12,301.51; two general fund CD's with balances of $5,990.62 and $5,849.68; one Reserve Study CD with a balance of $26,387.61; [Accounts Receivable - $6,117.44; Allowance for Bad Debts -($4,440.00); Prepaid Expenses - $301.19]; total other current assets with balances of $1,978.63; bringing the total assets to a balance of $52,508.05.

Old Business:

• Unpaid Assessments: The delinquencies remain a problem with 9 homeowners owing multiple unpaid assessments (amounts ranging from $250 to $880; total delinquency approximately $4900).  Board sending letters reminding homeowners they have overdue assessments.  Board will continue placing liens on these homeowners and keep legal counsel informed of this action. 
• Cleanup at Commonwealth and Sideburn: Board will get estimates from vendors to improve the landscaping of entrance to KPW at this intersection.
• Tree Work: Board is waiting for vendor to complete work at 10408 Ashcroft Way.

New Business:

• 2025 Reserve Study: Board approves selection of Miller Dodson to complete a new reserve study. 
• Accountants: Board approves the selection of Goldklang Group to be HOA’s accountants.
• Board Meeting Schedule: Next monthly meeting scheduled for June 11, 2025, at Laurel Ridge Elementary School (LRES).
• Annual Meeting Schedule: Burke Community Management Group will mail to members notification of the annual meeting scheduled for July 16, 2025, at LRES.

Hearing no further business, the meeting adjourned at 8:26 pm.