Thursday July 25th, 2024

 
Association Administrator
Commercial Property Group
1856 Lincoln Ave
Steamboat Springs, 80487

Phone: 1.970.879.1402
Fax: 1.970.879.7777
E-Mail: info@drhoa.org
 

 

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Dakota Ridge Homeowners Association
Board of Directors Meeting
Thursday, November 30, 2017

In Attendance:
Sharon Pace
Paul Orzech
Tomas Stone
Sarah Jones
Jim Lob (by phone)

Guests:
Mary Andre, Civil Design Consultants
Tim DePuy, former Dakota Ridge HOA Board Member
Medora Fralick and Nancy Kounovsky, The Commercial Property Group

A meeting of the Board of Directors of the Dakota Ridge Homeowners Association 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 Ave., Steamboat Springs, Colorado.
Tim DePuy was recognized as a Guest as he had requested to address the Board. Tim wanted to personally thank the Board and The Commercial Property Group for all of the hard work over the years.
With regard to ARC, Medora noted that it was recently discovered that the residence on Lot 22 (built in 1993) is outside of the originally platted building envelope. The ARC has reviewed and approved the variance to the building envelope after the fact. Paul made a motion to approve the building envelope change on Lot 22 retroactive to construction in 1993 as a variance. Sarah seconded the motion. The motion was unanimously approved.
Tomas presented the financials which show that as of October 31, 2017 the Association was approximately $42,000 ahead of budget, having received about $24,000 more in income than budgeted year to date and having spent about $18,000 less than budgeted. Tomas also noted that the Capital Reserve balance at the end of October was approximately $550,000, which is in line with expectations.
The Board next discussed the water system. Mary Andre presented the most recent draft of the Water System Capital Improvement Plan. A discussion followed surrounding the timing of the completed project. It was decided that Paul would follow up with Mary approximately every two weeks to assess the status of the report until completed. In the meantime, it was agreed that the most immediate piece of the overall plan is the Chlorine Contact Basin project. The information needed to proceed with this project has already been formalized in the Plan.
No action was taken with regard to Roads.
The 2018 Annual Meeting was scheduled for March 22, 2018 at 4 pm.
The next Board meeting is scheduled for Jan 18, 2018 at 8:05 am.
The meeting was adjourned at 9:00 am.
Respectfully submitted,

Nancy Kounovsky

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