Minutes of the Brookridge HOA Annual Meeting
June 8, 2008
Present: Carole Princer Levy, President; Paul Spindel; Robert S. Nadel, Secretary; and Carolyn Levy. Board member Barbara Moran is ill and could not attend. Also in attendance were Rob Abelson and Linda Berger of Stillman Management.
The meeting was held at the Wykagyl Country Club.
Carole Princer Levy, President, called the meeting to order at 8:00PM.
The President introduced Rob Abelson and Linda Berger of Stillman Management. Mr. Abelson declared there was a quorum present and that proof of notice was presented, so that the meeting could continue in order.
The minutes of the last annual general meeting were approved as posted on the website and also as presented to Homeowners in the material sent to them.
The President asked the community to remember members who had passed away during the year.
The financial report was presented by Treasurer Spindel. There is currently approx. $33,000 in the operating account and $123,051 in the reserve account. The Treasurer indicated that the projected overage in the budget of $6,000 was due to a slight rise in expenses and invoices not previously paid by Gramatan Management from a prior fiscal year. There were questions from the floor about the use of capital paid in to the HOA as an increase in the cost basis of a home when it is sold. This issue is covered as a note in the most recent Annual Fiscal Report.
The President’s report was delivered by President Levy. The state of our community includes a new pool deck, pool painting, monitoring Cherry Lawn Greens as it affects our property interests, the development of new By-laws, Declaration and Rules and Regulations for the HOA and its members, and the Verizon FIOS project. We have accomplished our projects without the need for assessment or increase in the maintenance. There were some questions and comments from the community which were responded to by various Board members.
The President announced that the floor was open for nominations for election of three Directors. The terms of office of the Directors was expiring. Nominated and seconded were current directors whose terms were expiring, Carolyn Levy, Paul Spindel and Robert Nadel.t Nadel, and Herb Meyers. Nominations were closed and the election was held. Elected for a two year term were Paul Spindel, Carolyn Levy and Herb
The revised By-Laws, Declaration, and Rules and Regulations were presented. After some discussion by the community, a vote was held, and they were unanimously adopted. The Secretary was directed to cast a single ballot reflecting their adoption.
The President thanked the Board members and members of the community for their unwavering help in making this year so successful. She welcomed Herb Meyers as the new Board member.
Homeowners offered a vote of appreciation and thanks to the Board for their efforts during the year.
The meeting was adjourned at 9:25 PM.
Respectfully Submitted
Robert S. Nadel
Secretary
NOTE: A brief meeting of the new Board of Directors was held directly after adjournment and Carole Princer Levy will continue as President, Carolyn Levy as Vice-President, Paul Spindel as Treasurer, Barbara Moran as Director and Herb Meyers will be the Secretary. The next Board meeting will be July 8, 2009 at Unit #54 at 7:30 PM.
Minutes of the Brookridge Board of Directors Meeting
June 8, 2009
Present: President Carole Princer Levy; Carolyn Levy;; Robert S. Nadel; Paul Spindel, also Linda Berger and Rob Adelson. Barbara Moran is ill and could not attend.
The meeting was held as the regular meeting prior to the Annual General Meeting at Wykygyl Country Club.
The President called the meeting to order at 7:05 PM
The Minutes of the previous meeting were accepted as posted on the website.
The Treasurer’s report indicated that the HOA has as of May 31, 2009, $123,051.00 in the capital reserve account, and $25,000.0033,976.21 (Paul Please check this number) in the operating account. The Treasurer reported that the HOA was is projected projecting ato be $6,000 overrun to its’ budget. This is the result of an unexpected water bills paid from previous years but not paid by Gramatan, and various minor rising costs of operating the property. The Board has been very conservative in spending this year and in its total projected 2009 budget.
There are two Homeowners in arrears. are worthy of the Board’s perusal more actively in collecting the money. TThe Board is actively pursuing payment.
these homeowners.
The pool is open. and an informal survey of Hhomeowners report is that the work done in the fall of 2008 to re-deck the pool and paint the pool is has been well received.
by the owners.
Ron Vitti has submitted an oral proposal of approximately $1,500.00 to repair and add to the retaining wall behind units 48-54. This proposal will be obtained in writing and the work will be done according to ourthe written specifications.
The Board asked Verizon to a go ahead to “wire” the property for FIOS to be made available to Homeowners.The Verizon FIOS projectrequires the HOA to sign an easement.by Paul Spindel and will be The Board will eexecuted this easement as soon as it is received.
and returned Verizon for a go ahead to “wire” the property for FIOS to be made available to homeowners.
The Board is considering new gate options
The Homeowners Association has a new website at:
http://sites.google.com/site/brookridgehoa/HomeOME
Please visit the new site. Note that in the last word, H must be capitalized.
The meeting was adjourned at 7:45 PM.
Respectfully submitted,
Robert Nadel
Secretary