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Dakota Ridge Homeowners Association
Board of Directors Meeting
Thursday, September 15, 2016
In attendance: Sharon Pace, Sarah Jones, Tomas Stone, Tim DePuy
Guests in attendance: Nancy Kounovsky – Commercial Property Group (CPG)
The meeting was called to order by President Sharon Pace at 8:05 am in the Board Room of The Commercial Property Group, LLC at 3001 S. Lincoln, Steamboat Springs, Colorado.
Tomas recapped the Association’s year to date financial results ending August 31, 2016. Association income is under budget by approximately $1,300, primarily related to first quarter water billings. Association operating expenses are under budget by approximately $12,300. The largest variances are Water System Repairs and Water Operations. The Association’s overall income and expense from operations compares favorably to the budget by approximately $11,000.
No action was taken with regard to Roads.
Under ARC, Sarah reported that Native Excavating completed the clean-up and remediation of prior year’s water line project with the exception of the re-seeding. Upon subsequent follow up with Native, it was determined that re-seeding was delayed as the weather was too dry at the time the work was completed. Native will re-seed the area before winter.
Under Other Items, Tim reported that the Capital Improvement Plan Committee met on August 8. Proposals were submitted by Northwest Colorado Consultants, Inc. (Road Study) and Civil Design Consultants, Inc. (Water System Study) and reviewed by the Board. Tim made a motion to approve up to $4,200 for the Road Study and up to $6,500 for the Water System Study and to instruct the consultants to start the process immediately. Tomas seconded the motion. All voted in favor. The motion carried.
The Board also discussed the 3 options provided by Civil Design Consultants with regard to disinfection improvements. The Board selected Option 3 – Increased Flow Capacity w/Operational Storage and GWUDI Disinfection.
The next Board meeting will be held on November 10, 2016 at 8:00 am.
The meeting was adjourned at 8:35 am.