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The Pines of Avon

The Pines of Avon. Property Owners’ Association, Inc. Annual Meeting. Welcome. Agenda. Introductions The Year in Review 2007 Financial Results 2008 Financial Budget Election of Directors Questions & Answers. Introductions. Pines of Avon Board Members Chad Rogers, President

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The Pines of Avon

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  1. The Pines of Avon Property Owners’ Association, Inc. Annual Meeting

  2. Welcome

  3. Agenda • Introductions • The Year in Review • 2007 Financial Results • 2008 Financial Budget • Election of Directors • Questions & Answers

  4. Introductions • Pines of Avon Board Members • Chad Rogers, President • Kirk Wakefield, Vice President • David Soline, Treasurer • Ryan Troxel, Secretary • Kathy Lisby, Member at Large • Terry Bond, Member at Large • Nancy Glass, Member at Large • Sentry Management, Inc. • (317)251-9393 or aplesner@sentrymgt.com

  5. The Year in Review • Improvements • Rip-rap rock on 2 more ponds • New electrical system at entrance pond • New trees around large pond • New mowing and landscaping company • Additional pond treatments • Fewer Covenant Violations • Great Association Fee Collection Rates • Mailbox Review • Fun Family Picnic and Successful Neighborhood Sale • Positive Financial Performance

  6. 2007 Financial Results • See Handout for 2007 Financial Results • Board reviews financials monthly to ensure smart spending • Volunteers helped save $ • Revenue: • Nearly full collection of annual fees • Expenses: • $2,000 or 7.5% under budget • Reserve Fund: • Paid for new trees and rip-rap • Over $1,000 in interest earned • Balance of approximately $16,000 at end of year

  7. 2008 Financial Budget • Budgeting process • Annual Fees remaining the same • Slight Increases: Mowing, Animal control, Insurance, and Trees • Plan to build reserve by $2,000 • Special thanks to Charlie at PIP Printing for donating printing services • Help keep legal fees down by paying fees on time and complying with covenants • Volunteer, volunteer, volunteer!!!

  8. Election of Directors

  9. How can I get involved? • Landscaping • Weeding • Litter pickup • Committees • Social • Planning • Give suggestions and feedback • Contact chad@pinesofavon.org if you are interested

  10. Website – www.pinesofavon.org On the website you can: • Retrieve Documents • Newsletters • Covenants • Architectural Change Forms • Maps • Submit feedback and suggestions

  11. Questions & Answers

  12. Thanks for coming!!! From The Pines of Avon Board

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