HIDDEN VALLEY LAKE PROPERTY OWNERS ASSOCIATION
BOARD OF DIRECTORS MEETING
Thursday, October 28, 2021 at 7:00 pm – POA Lower Level
Board Members, Committee Chairs, Club Representatives, employees, and a limited number of residents who have requested to attend.
October 28, 2021 Motions:
- Approval of September 2020 Minutes — Board Secretary
- Approval of Performance Bonds for Return 10/28/2020—Architectural Committee
- First Reading Elections Policies and Procedures Revision 1-3—Safety, Security & Elections
- First Reading Board of Directors Nomination Form—Safety, Security & Elections
- Motion to Adjourn
Call to Order: Scott Giska
Pledge of Allegiance:
President’s Report: Scott Giska
Treasurer’s Report: Jeff Fuell
Financial Position for the month of September 2021:
Our Cash Position on September 1, 2021—$887,055.00
Ending Cash on September 30, 2021—$719,090.00
Note:
- All amounts are rounded to the nearest dollar.
- HVL POA plans annually for a balanced budget. (i.e., anticipated annual expenses are planned to not exceed anticipated annual income)
- Some infrequent expenses are predictable such as replacement of vehicles, maintenance of our roads, the many lake dams, swimming pool liner, lake dredging etc. Funds are escrowed each year to cover those future expenses and are included in the totals.
- Projected cash at year end is generally equal to zero dollars plus escrowed funds for above mentioned expenses as well as necessary reserves. Reserves include two months of operating capital, capital for asset purchases, and Architecture bond payments to be refunded.
- All financials will be audited by an outside auditor annually.
Secretary’s Report: Patricia Hawkins
- Approval of September 2021 Minutes
Vice President Report
(Golf Course Update)
Community Manager’s Report: Dave Wismann
COMMITTEE AND CLUB REPORTS:
Architecture Committee Report: Tom Cross
- Performance Bonds for Return 10/28/2021
Bond Returns
Lot # 2543H Casey & Amy Kennedy
Property Address 1722 Cove Circle West Bond Amount $2000.00
City, State, Zip Lawrenceburg, IN 47025 Dues Owed $0
Fine/Fees Owed $0
Lot # 3112H Emma Jean Fulmer
Property Address 1788 Fieldcrest Drive Bond Amount $500.00
City, State, Zip Lawrenceburg, IN 47025 Dues Owed $0
Fine/Fees Owed $0
Lot # 2000H Joseph & Laura Costello
Property Address 19643 Ventura Drive Bond Amount $500.00
City, State, Zip Lawrenceburg, IN 47025 Dues Owed $0
Fine/Fees Owed $0
Lot # 1809H Thomas & Elaine Hohmeister
Property Address 1425 RayLynn Drive Bond Amount $500.00
City, State, Zip Lawrenceburg, IN 47025 Dues Owed $0
Fine/Fees Owed $0
Lot # 1381H Edward & Pamela Gemperle
Property Address 20343 Beau Vista Bond Amount $2000.00
City, State, Zip Lawrenceburg, IN 47025 Dues Owed $0
Fine/Fees Owed $0
Lot # 2542H Zachary & Abby Asman
Property Address 1712 Cove Circle West Bond Amount $2000.00
City, State, Zip Lawrenceburg, IN 47025 Dues Owed $0
Fine/Fees Owed $0
Lot # 1914H Kerry & Alison Zickuhr
Property Address 19902 Cravenhurst Drive Bond Amount $500.00
City, State, Zip Lawrenceburg, IN 47025 Dues Owed $0
Fine/Fees Owed $0
Finance Committee Report: Kyle Packer
Lakes Committee: Dave Patterson
Parks Committee Report: Amy Ayers-Wilson
Safety, Security & Elections Committee Report: Don Norris
- First Reading Elections Policies and Procedures Revision 1-3
- First Reading Board of Directors Nomination Form
Civic Club Report: Denice Siereveld
Old Business:
New Business:
Adjournment:
- Motion to Adjourn