Waterford at Smith Lake
Minutes for April 25, 2023
Meeting called to order at 6:05 P.M. by President Don Monistere.
Members present:
Don Monistere, President
James Eidson
Jim Turner
Caleb Bright (Bright Management)
Travis Tidwell, Secretary
Members Absent:
Richard Kinney
Homeowners and special appointees present:
Theresa Johanson – Commuinications Secretary
Old Business:
HVAC Project – Everything is completed except for two elevator rooms – He core drilled todaywe are making progress
Elevator – Materials have not been delivered supposed to be here the first or second week of May
AC for room – will do all the electrical and look at the fire alarm system and looking to get power to the grill area – this should be completed in the next two to three weeks
Gutters – they were back today working on building 200 – Down spouts are not in yet by 4:30 – They did the roof repair – he is putting scaffolding up and we should see him out this week
Railings – Travis sent and email on this – still waiting on materials. They were scheduled to be delivered to him, not us and then it needs to be fabricated – There are alot them that need to be done and we need to make sure w give him plenty of time since he is doing this under wrranty we do not want to rush the situation so it can be done correctly.
Docks – We are doing repairs on the Docks – Dock 3 cable break – the anchors are there and wo we need to add a stabilizer – Dock 1 – needs to be repaird – Dock 2 – likely in the month of May
Watre Leaks – Irrigation leak in fornt of 200 – got that fixed. We have another leak and we cant find. we are leaking alot of water – Next step, hire a leak detection company cost is minimum $800.00
Need to meet with the post lady – locks for the post box
New Business:
- Insurance Renewal came to us – not a huge change in premium but they are asking us to fill out a statement of values. Sign off on the value 5.8 million per building 611K to – Docks are likely 500K – Need to see what 800K on external stuctures would cost us, anything below 3K per year we should do.
- Trampelene is moved
- July 15th HOA get together at the Lake
- HVAC project is completley paid for
- 81 K in operating and we have not paid for the roof yet, and we will need to come out of reserve (130K) for the remaning Elevator repair
- Need to pay when materials get here
- For Sale By Owner issues – talked to the closing attorney
- Hydrangeas are small but will grow like Don almost did 🙂 – and warrantied for 1 year
- Need to remove mail box so we do noth get mail there, it is not our official address. We will check to make sure that no official mail is going there and then remove the box altogether
Motion to close meeting carried at 7:54
Next Meeting is May 23 at 6:00