Annual Homeowners Meeting – December 15 2024

Waterford Condo Annual HOA Meeting 2024

Location: Trident Marina
Date: December 15, 2024

Board Members Present:

  • Don Monistere (President)
  • Jim Turner
  • James Eidson
  • Judy Wise
  • Travis Tidwell (Property Manager, Bright Management)

Meeting Minutes:

Call to Order:

  • The meeting was called to order by Don Monistere at 3:01 p.m.

Roll Call:

  • 22 homeowners present, with 2 represented by proxy.

President’s Opening Remarks:

  • Don Monistere reviewed the past year, highlighting:
    • Projects completed.
    • Ongoing projects and plans.
  • Owners were reminded to use the “Start a Ticket” button on the Waterford website https://www.waterford-hoa.com/open-a-ticket/ for any questions, issues, or suggestions.
  • Other communication options: Emailing the Board or Bright Management directly. dmonistere@waterford-hoa.com
  • Introduction of newly added Board member Judy Wise alongside the existing Board members.

Completed Projects:

  1. Pressure washing of the boat docks.
  2. Replacement of the boat ramp lock.
  3. Fire suppression system inspection completed.
  4. Building 200 elevator in good working condition.
  5. Building 204 elevator parts arrived and undergoing repairs.
  6. New table and chairs added to the grill area.
  7. New seat cushions added at the pool.
  8. Auto-closing doors installed at mechanical rooms.
  9. Water intrusion issues in mechanical rooms resolved.

Note: Don’s presentation on the completed projects is available for review on the Waterford website.

Financial Report:

Upcoming Projects:

  1. Restriping and asphalt sealing of the upper parking lot.
  2. Deck repair at Building 204 (pending resolution of ongoing litigation with a neighbor).
  3. Addition of a concrete sidewalk between Buildings 200 and 204 through the pea gravel.

Property Management Update:

  • Bright Management will remain as the property manager after obtaining competitive quotes.
  • Rates will remain unchanged.

HOA Dues Increase:

  • Motion: Increase HOA dues to $1,700 per quarter.
    • Proposed by: Brad Parnell.
    • Seconded by: James Eidson.
    • Outcome: Approved by homeowners.

Homeowner Suggestions & Questions:

1. Handicap Parking Space Addition

  • Suggestion by: Teresa Johanson.
  • Action: Bright Management will contact a civil engineer to propose a new layout for the upper parking lot to include an additional handicap parking space.

2. Electrical Receptacles in Common Areas

  • Inquiry by: Brad Parnell.
  • Response:
    • Electrical receptacles in common areas are the HOA’s responsibility.
    • Action: Bright Management will obtain quotes to address this issue.
    • Electrical receptacles on individual patios are the respective homeowner’s responsibility to maintain.

3. System Failures (e.g., Generators, Sewer Backup)

  • Inquiry by: Brad Parnell.
  • Response: The Board will create and distribute an emergency contact list for such instances.

4. Stair Tread Safety Between Buildings 200 and 204

  • Concern by: Jamie Jackson.
  • Action: The Board will investigate and attempt to find a solution to address stair tread safety concerns.

5. Clarification of Amended Rule on Common Element Damage

  • Inquiry by: Jamie Jackson.
  • Response: Don clarified that the amendment was a clarification of existing rules on how the HOA handles damages caused by common elements.
  • Note: HOA rules and bylaws are available on the Waterford website (Waterford HOA – Information you need at your fingertips).

6. Sharing Email Contact Information Among Owners

  • Motion by: Teresa Johanson.
  • Seconded by: Duff Cady.
  • Outcome: Approved by homeowners.

7. Landscaping Suggestions

  • Suggestion by: Teresa Johanson.
  • Teresa presented ideas for future landscaping and addressed concerns about failed plants.

8. Addition of a Board Member

  • Nomination: Teresa Johanson nominated Brad Parnell as an additional Board member.
  • Seconded by: Laurie Gardner.
  • Outcome: Approved by homeowners.

Adjournment:

  • The meeting was adjourned at 4:31 p.m. by Don Monistere.

Copy of Presentation

Waterford-preso-2024-Jan-December-

Leave a Reply