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Dakota Ridge Homeowners Association
September 15, 2010
A regular meeting of the Dakota Ridge Homeowners Association was held on September 15, 2010 at 8:30 a.m. in the Board Room of The Commercial Property Group, LLC at 3001 S. Lincoln, Steamboat Springs, Colorado.
Board Members: Michael Williams
Guests: Stephanie McDonald
The meeting was called to order at 8:30 a.m.
The Financial report was the first item on the agenda. Michael Williams gave the Financial report. He noted that the Association expenses are under budget except for Legal expenses. Water income is over budget. Sign/acquisition repair is under budget due to use of the neighborhood youth employment pool. Water system repair expense is under budget. There are two accounts outstanding on the accounts receivable report and owners have been contacted for payment. The Board discussed the possibility of implementing a late payment fee at for owners in arrears but no action was taken at this time.
Under the ARC Report, Medora reported receiving concerns from an Association member regarding individual lots not being sprayed for noxious weeds in the neighborhood. Medora suggested that the Board rely on the county rules and enforcement for weed control as a way to encourage weed spraying in the neighborhood. The members will also be given information in the Spring about the Associationís weed spraying company so that homeowners can contract to spray their individual lots.
Covenant revision was discussed. The ARC and Medora met to review the proposed revisions sent out to owners in February of 2009. The Board members will review the proposed covenants and provide comments at a meeting scheduled for September 22, 2010. In accordance with the Associationís covenants and bylaws, the proposed changes to the ARC guidelines need approval by the Board only, any changes to the Association covenants will need to be approved by the homeowners.
H.C. Pace proposed that the Board adopt a policy to, upon request, exempt newly constructed homes and those installing water usage reducing irrigation projects, for a period of time, from Tier IV of the water rate schedule. After some discussion, the Board tabled that matter for further review at a future meeting.
The following updates regarding outstanding ARC activity were noted: the home on Lot 12 is on track for completion this autumn, the landscaping on Lot 74 has been completed trees on Lot 60 have been planted as scheduled and Lot 34 has an application to install a dog run pending.
Medora distributed to the Board a Unanimous Consent drafted by the Associationís attorney to amend the Associationís bylaws to be in compliance with Colorado Senate Bill 100. This consent inadvertently has not been previously executed due to administrative oversight. When signed, this document will be recorded. Each Board member will review the document before signing.
The next meeting is scheduled for Thursday, October 14th at 8:30 a.m.
There being no further business the meeting was adjourned.
Secretary for the meeting