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Swedesford Chase Homeowners Association 2008 Annual Meeting. Agenda. Welcome, Call to Order, Proof of Notice of Meeting 2007 Accomplishments Special Topics 2007 Financial Report and 2008 Budget Review 2008 Topics for Review 2008 Election Process and Candidate Introduction Adjournment.
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Agenda • Welcome, Call to Order, Proof of Notice of Meeting • 2007 Accomplishments • Special Topics • 2007 Financial Report and 2008 Budget Review • 2008 Topics for Review • 2008 Election Process and Candidate Introduction • Adjournment Annual Meeting of Homeowners
Notice of Meeting By Laws, Article 3.4 : Notice of meeting shall be hand delivered or sent by mail to not less than ten nor more than 60 days in advance of the meeting Annual Meeting notice was mailed to all homeowners on February 9, 2008 Annual Meeting of Homeowners
2007 Accomplishments • Legal Issue Closure • Outstanding Delinquent Accounts • All but one account is current through end of 2007 • Used a more “neighbor-friendly” approach to collecting dues • Two outstanding legal actions and one delinquent account legal action remain • Renewed Insurance, Management, and Landscaping contracts for 2008 • Expanded web site (www.swedesfordchase.net) • Brad Fischer has continued to graciously donate his time and is the acting webmaster • Added a Referral Section • Password protected Financial Section • Completed Reserve Study • Developed long term capital funding plan • Mailbox Repair Day - Thank You, Kim Caven Annual Meeting of Homeowners
Special Topics • Yard Sale / Clean-up Weekend • Annual Event - last weekend in April (April 27th and 28th this year) • Neighborhood Event • Greater Participation = Greater Overall Success • Saturday: Yard Sale from 9:00 AM to 1:00 PM • Sunday: Neighborhood Clean -up • Timed to coincide with other spring events: • PAPER SHREDDING EVENT Saturday, May 31, 2008, 9:00 A.M. - 11:00 A.M. West Whiteland Twp. Bldg.222 N. Pottstown Pike • APPLIANCE AND ELECTRONICS DROP OFF Saturday, May 31, 2008, 9:00 A.M.-1 P.M. West Whiteland Twp. Bldg.222 N. Pottstown Pike • St. Vincent de Paul van at SS. Philip & James (usually parked 1st or 2nd wknd in May) • Annual Picnic • Community Event held in early September • Looking for volunteers Annual Meeting of Homeowners
Un-Audited Financial Report BALANCE SHEET FOR THE YEAR ENDED DECEMBER 31, 2007 Annual Meeting of Homeowners
Un-Audited Financial Report Annual Meeting of Homeowners
2008 Operating Budget Annual Meeting of Homeowners
2008 Topics for Review • Phasing out the Driveway Reserve Fund • Clean up service for common area added twice a year • Review of specific Rules and Procedures • Shed Guidelines • Mailboxes • Architectural Review Procedures and Record Keeping • Where should we spend the surplus? • Landscaping at entrances Annual Meeting of Homeowners
2008 Executive Board Election Process • Two positions are open for 2008 • We have received one nomination: • Charlie Rogers • If there is a quorum tonight (49 households), the election can be held, and a write-in candidate can be elected as well. • If there is no quorum and/or not two nominees, Nomination Deadline is extended to 3/31. • Proxy ballot will be sent out by 4/4. • Votes must be mailed back to MAMC by 4/15. • Voting Results will be announced on the website and through the Street Captains by 4/30. Annual Meeting of Homeowners
Adjournment Thank You!!! Annual Meeting of Homeowners