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.