Dakota Ridge Homeowners Association
February 8, 2007
A meeting of the Dakota Ridge Homeowners Association was held on February 8, 2007 at 1:00 p.m. in the Board Room of The Commercial Property Group, LLC at 3001 S. Lincoln, Steamboat Springs, Colorado.
Board Members: Diane Pietig
Guests: Nancy Kounovsky Stephanie McDonald
The meeting of the Board of the Dakota Ridge Homeowners Association was called to order at 1:00 p.m.
Nancy Kounovsky of The Commercial Property Group, LLC presented the Monthly Financials and the 2007 Budget for review and comment and is included with these minutes for the record. After some discussion, the Board directed that the amount budgeted for water system repair be increased and that further research be done to determine a better dollar amount for landscaping and legal fees for the year. Adjustments were also directed to the road maintenance, auto dialer, water repairs and road snowplowing line items. The budget was tabled until further information is obtained and changes made for the Board to review and approve. Discussion also ensued concerning the HOA annual dues. Due to upcoming water/road expenses the Board discussed increasing the amount of each owner contributes to the capital reserve.
Diane Pietig made a motion to increase the DRHOA dues to $1,500.00 for 2007 with $900.00 remaining the same for dues and $600.00 allocated to the capital reserve. Brent Langevin seconded the motion. The motion was passed unanimously.
A proposal to from NorthWest Colorado Consultants, Inc. was submitted to the Board to evaluate the condition of the existing pavement and provide recommendations for maintaining, overlaying and/or reconstructing the existing pavement sections.
After review and discussion, David Zedeck made a motion to hire NWCC to proceed with the road study and it was seconded by Tim DePuy. The motion passed unanimously.
ARC – Diane Pietig
There are no updates or new requests to report.
The Board asked for the updated water study in process by Doug Bradfield of Civil Design Consultants by available in time to give a report at the Annual meeting.
The Annual Meeting will be held April 19th, 2007 at 9:00 a.m. at the Hampton Inn. Three Board positions will be voted on at the meeting. All parties running for Board positions must have their bios turned in by February 23rd. The meeting packets will be sent out no later than March 5th.
The next meeting is March 8, 2007 at 1:00 p.m.
There being no further business the meeting was adjourned.
Secretary for the meeting
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