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Welcome

Join us at the Green Acres HOA 2019 Budget Meeting for updates on the proposed budget, sewer acquisition, social committee events, and more. Learn about the benefits of HOA membership and participate in the budget vote. Don't miss out!

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Welcome

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Presentation Transcript

  1. Welcome Green Acres HOA 2019 Budget Meeting Please: Silence cell phones No video or audio recording No dual conversation

  2. Agenda Treasurer’s Report 2018 Benefits of Membership/Membership Status 2019 Proposed Budget Vote on 2019 Proposed Budget Sewer Acquisition Update Social Committee Update Comments, Questions, Discussion

  3. 2018 Budget Performance Summary Budget Projected Income $39,900 $42,753 Expense $39,227 $38,419 Variance $ 673 $ 4,334

  4.  HIGHLIGHTS OF MEMBERSHIP IN YOUR HOA • MERCHANT DISCOUNTS • DISCOUNTED TRASH PICK-UP • $100.00 OFF ANY ADULT GOLF MEMBERSHIP • FREE USE OF THE COMMUNITY CENTER • FREE CHILDREN EVENTS AND EVEN ADULT EVENTS • NATIONALLY ACCLAIMED “PG” COMEDIANS ON STAGE HERE • WEBSITE www.greenacresnow.com • PRIVATE FACEBOOK GROUP “Green Acres HOA” • FRIDAY NIGHT COMMUNITY DINNER, ONLY $10.00!! • MAINTENANCE, LIGHTING & LANDSCAPING OF THE ENTRANCE • STREET LIGHT AT 22 & 900 • WELCOME BASKETS TO NEW NEIGHBORS • GARAGE SALES TWICE A YEAR

  5. HOA Membership January 1, 2018 101 November 1, 2018 116

  6. To meet the 2019 expenses the Board recommends the following assessment (dues): $ 32.50 per month $ 92.50 if paid quarterly $360.00 if paid annually

  7. Assessment Comparison 2017 - 2019 201720182019 Monthly $ 35.00 $ 35.00 $ 32.50 Quarterly $100.00 $100.00 $ 92.50 Yearly $375.00 $395.00 $360.00

  8. Vote on Proposed Budget for 2019

  9. Sewer Update Regional Sewer District (RSD) annexation by Taylor RSD ended in May Pursuing a USDA Rural Development Agency Loan Requires Not-for-Profit business entity Requires a Certificate of Territorial Authority (CTA) Not-for-Profit Business Entity Established Summer Working agreement with IURC for conditional CTA

  10. Sewer Update Continued Engaged Steve Brock to handle loan process Lods preparing Purchase Agreement per previous LOI

  11. Social Committee Update 2018 Remaining Activity2019 Plans Breakfast with Santa date tbd Comedy Night Jan 26 and Fall Between the “Eves” party 12/27 Friday Night Dinners Garage Sale Spring and Fall Easter Egg Hunt GA Night Golf July 4th Parade and Fire-works Breakfast with Santa

  12. Budget Vote Results

  13. Comments, Questions, Discussion Nominating Committee Covenants adherence Neighborhood Improvements

  14. ADJOURN

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