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Willowbrook Crossing HOA

Join the Willowbrook Crossing HOA 2010 Annual Meeting on November 10th for an overview of 2010, financial review, 2011 improvements, and board elections. Learn about community improvements, finances, and proposed changes for the upcoming year.

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Willowbrook Crossing HOA

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  1. Willowbrook Crossing HOA 2010 Annual Meeting November 10, 2010

  2. Agenda • Introductions • 2010 Overview • Financial Review • 2011 Improvements • 2011 Nominations/Election

  3. Introductions • HOA Board Members: • Richard Williams – President • Doug McCoy – Interim Vice President/Secretary • Larry Whatley – Interim Treasurer • Landscaping/Maintenance: • Mark Davis – Property Restoration Solutions

  4. 2010 Overview • Communication • Website • Facebook • Quarterly newsletters • Administrative Enhancements • Expense Management • Reduced landscaping and legal costs • Community Improvements • Sanded and repainted gazebo and arbor • Landscaping – trees, seasonal flowers, lighting, etc. • Re-graveled pathway in common area • Installed pet waste stations & trashcans in common areas • U.S. flags • Community Events • Annual Garage Sale

  5. Financial Overview • Beginning Balance – Jan. 1st, 2010 • $9,935 • Current Balance – As of Nov. 8th, 2010 • Deposits - $63,234 • Expenses - $43,774 • Balance - $29,395 • Projected Closing Balance – Dec. 31st, 2010 • $18,395 (assumes no deposits) • Outstanding HOA Dues – • Current Receivables - $29,717.48 (Does not include 2010 late fees) • 46 of 259 homes owners have a balance • Several homeowners have setup payment arrangements • Projected 2011 HOA Dues – • $235 - $240 range ($10 - $15 reduction from 2010)

  6. 2010 Expense Review

  7. 2011 Proposed Improvements • Sand and Paint Fences • Estimate - $9,000 • Sub-Division Sign • Storage Shed • Violation enforcement

  8. Nominations for 2011 HOA Board • Richard Williams – HOA President • Doug McCoy - ??? • Larry Whatley - ??? • Nominations from the floor

  9. Election • One vote per household • HOA Dues must be paid in full to cast a vote and/or hold a position • Elected board members will assume responsibilities immediately

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