Mesa Ridge Townhome Assn. Annual Meeting March 25, 2009.

Mesa Ridge Townhome Assn.

Annual Meeting

March 25, 2009

Welcome to the Annual Meeting

The Board of Directors of the Mesa Ridge Townhome Assn. Welcomes You to our Annual

Meeting

Thanks for Coming!

We’ve got lot’s to cover, so let’s get started

Annual MeetingBusiness Affairs & Introductions

• Establish Quorum

Annual Meeting Business Affairs & Introductions


• Verify Annual Meeting Notice



• Verify Annual Meeting Notice

• Introduction of Board of Directors & BMSA Delegate

Board of Directors

Jim PrattDirector

Jim Pratt lives at 3 West Ridge Ct.and began his three year term at this

meeting last year

Board of DirectorsCaroline Brehmer

DirectorCaroline was appointed to the board

to complete Wayne Klahn’s term and lives at 24 West Ridge Ct.

Board of Directors

Pat Tonozzi

Secretary/TreasurerPat was elected to the board three years ago and is now completing her term on the board. Pat lives at 141

South Ridge Ct.

Board of Directors

Eric EdgertonVice President

Eric lives at 40 North Ridge Ct.and began his three year term at

this meeting last year

Board of Directors

Keith Lammey

President

Keith lives at 46 East Ridge Ct. and is beginning his third year on the

board

Mesa Ridge Board of Directors

• Jim Pratt, Director

• Caroline Brehmer, Director

• Pat Tonozzi, Sec. / Treas.

• Eric Edgerton, Vice President

• Keith Lammey, President

Annual MeetingBMSA Delegate

Ray BarbourBMSA Delegate

Ray lives at 40 East Ridge Ct. and is completing his three year term as

our representative on the Battlement Mesa Service Association board

Annual Meeting Business Affairs & Introductions • Annual Meeting Business Affairs

• Introduction of Board of Directors & BMSA Delegate

• Introduction of Committees


Mesa Ridge Village Committees

So just who are these people?

Allow me to introduce them

Committee MembersArchitectural/Landscape

• Ray Fallon

• Gene Pickett

• Don Mumma

• John Santos

• Wayne Klahn

• Fred Gray

• Charlie Orr

Committee MembersBudget Committee

• Dana Barker• Jim Askeris• Eric Edgerton• Jim Pratt• Francis Rose• Keith Lammey

Meeting Agenda• Annual Meeting Business Affairs

• Introduction of Board of Directors


• Introduction of Volunteers

Volunteers Exterior Lights

• Dana Barker

• Charlie Orr

• Ray Fallon

• Dana Barker

• Ray Barbour

• Bob Coons

• Gene Pickett

VolunteersWater Key

• Lois Arbaney

• Ray Barbour• Jim Pratt

• Jim Points

Volunteers Block Captains

• Dana Barker

• John Santos

• Ray Barbour

• Sandy Edgerton

• Dee Benton

Annual Meeting Business Affairs & Introductions • Annual Meeting Business Affairs

• Introduction of Board of Directors


• Introduction of Volunteers

• Introduction of Assn. Management

Association Management

Keith Lammey

Assn. Manager

[email protected]

Annual Meeting Special Guest

Please Welcome

Chief David BlairGrand Valley Fire Protection

DistrictPersonal & Fire Safety

Year in ReviewPersonal & Fire SafetyCarbon

monoxide is deadly!

Please have your furnaces checked

regularly!

FYE 2009Year in Review

• Board of Directors Changes


Board of Director ChangesWayne Klahn,

Resigned on May 8th

Caroline BrehmerAppointed on May 14th



• Painting


PaintingWe Painted 6 Properties

• 11 North Ridge

• 21 North Ridge

• 27 North Ridge

• 37 North Ridge

• 51 North Ridge

• 57 North Ridge



• Painting

• Roofing


RoofingWe Roofed 4 Properties

• 40 North Ridge• 46 North Ridge• 51 North Ridge• 57 North Ridge



• Painting

• Roofing

• Approval of March 20, 2008 Annual Meeting Minutes



• Painting

• Roofing

• Approval of March 20, 2008 Annual Meeting Minutes

• Financial Report



• Painting

• Roofing

• Approval of Annual Mtg Minutes

• Financial Report

• Tax Resolution

FYE 2009 Tax Resolution

The membership hereby authorizes the Board of Directors of the Mesa Ridge

Townhome Association to either refund any excess Assessments to the members or to use the excess funds to impact the following fiscal years assessments. This

resolution is made in order for the Association to comply with IRR-70-604

FYE 2010On the Horizon

• FYE 2010 Budget Overview & Ratification

On the HorizonFYE 03/31/2010 Budget

Expense Summary

Snow Removal3%

Water and Sewer20%

Trash Removal6%

Insurance8%

Miscellaneous1%Total Building

Maintenance Expense

25%

Total Grounds maintenance

Expense27%

Total Administrative

Expense10%


Expenses by Category

Grand Total FYE 033110 Budget $265,200.00Snow Removal $7,500.00Water and Sewer $53,245.00Trash Removal $16,200.00Insurance $21,220.00Miscellaneous $2,425.00Total Building Maintenance Expense $67,360.00Total Grounds Maintenance Expense $69,743.00Total Administrative Expense $27,510.00



• Painting Schedule

FYE 2010 On the Horizon

PaintingWe Plan to Paint 8 Properties

• 12 East Ridge

• 18 East Ridge

• 24 East Ridge

• 30 East Ridge

• 35 East Ridge

• 41 East Ridge

• 121 South Ridge

• 125 South Ridge




• Roofing Schedule

FYE 2010 On the Horizon Roofing

We are planning to re-roof 39 North Ridge 45 North Ridge

and may re-roof additional properties depending on funding

and need.




• Roofing Schedule

• BMSA Delegate Report


Ray Barbour

BMSA Delegate Report

Election of Board Members & BMSA Delegate

• Nomination / Election of Directors


Nominations

for the two

Board of Director

Positions


Board Member Nominees

Leonard Bowlby

Fred Gray


Election of Board Members


• Nomination / Election of Directors

• Nomination / Election of BMSA Delegate


Nominations

for BMSA Delegate


BMSA Delegate Nominee

Keith Lammey


Election of

BMSA Delegate

Owner’s Open ForumOpen Discussion

The meeting is now open for questions from the

owners/residents of Mesa Ridge Village

Mesa Ridge VillageBoard of Directors

Thanks you for your attention!

Board of Directors Meeting

Will Follow after a Short Break

You’re Invited

What’s on the Horizon

Congratulations New Board Members and Welcome to the Mesa Ridge Townhome

Assn.Board of Directors

Thanks for Attending the

Mesa Ridge Village

Annual Meeting

March 25, 2009


REPLACEMENT EXPENSE-FYE 03.31.10 AnnualPaving $3,254

Roofing $25,392 Painting $17,637

Concrete $2,507 Bank Charges $62

Exterior Repairs $0 Subtotal $48,852

Transfer from Reserves ($48,852)Funds required from Operating Budget $0


Replacement Reserve Contribution Annual Budget Mo. Budget/

Owner

Paving $4,829 $4.73

Roofing $26,932 $$26.40

Painting $19,428 $19.05

Concrete $6,064 $5.95

Subtotal $57,253 $56.13


Annual Budget

Monthly Budget / Owner

REVENUE Assessments - Owner $265,200 $260.00

Late Fees $0 $0.00 Other Income $0 $0.00

TOTAL REVENUE $265,200 $260

FYE 03.31.10

Mesa Ridge Townhome Assn. Annual Meeting March 25, 2009.

Documents

Transcript of Mesa Ridge Townhome Assn. Annual Meeting March 25, 2009.