great hills homeowners association section ix & x 2009 annual meeting january 19, 2010
TRANSCRIPT
Great Hills Homeowners Association
Section IX & X
2009 Annual Meeting
January 19, 2010
Agenda Welcome – Michael Wright Minutes of 2008 Annual Meeting – Lynn Wright Guest Speaker – Great Hills Country Club: Larry
Harper Treasurer Report – Yvonne Suttles Resale/Transfers – Adrienne Seiler ACC Update – Michael Wright GHHA Current Officers & Open Offices – Michael
Wright Current Issues New Items from floor Close and enjoy refreshments - All
2009 Great Hills HOA Board
Michael Wright President – 2007-2009 Vice-President 2006 Lobbyist – Wright Advisors
Adrienne Seiler Vice President 2007-2009 Board of Directors since
2000 Mother of three boys ages 7,
7 & 5 Registered Nurse at Seton
Northwest Emergency Department
Yvonne Suttles Treasurer 2006-2009 Applied Materials - Finance
Manager Mother of 1 yr old twin girls
Lynn Wright Secretary 2008-2009 Elementary Teacher at
Veritas Christian Academy
2009 Great Hills HOA Board
Steve Rogers Web-site Editor 2006-2009 Senior Manager of SW
Development – Tipping Point
Mike O'Dell ACC Chair 2009 Realtor Broker
Gail Deitrick ACC Member 2009 Golfer; Retired Treasurer for GH Ladies Club
Tom Mast ACC Member 2009
James Rider ACC Member 2009 Impact Resources
Armin Gutzmer ACC Member 2009
Guest Speaker
Great Hills Country Club-Larry Harper General Manager
GHHA Budget vs. Actual2008
Actual2009
Actual2009
BudgetVariance
B/(W)2010
Budget
Ordinary Income/ExpenseIncome
Transfer Fees 700 2,450 700 1,750 2,100 Total Income 700 2,450 700 1,750 2,100 Expense
Fees 75 75 75 - 75 Liability Insurance 1,946 1,955 1,950 (5) 1,955 Internet Hosting 120 120 120 0 120 Postage and Delivery 274 213 275 62 250 Newsletter 310 205 325 120 250 Professional Fees
Legal Fees - 337 - (337) 800 Taxes 123 - 150 150 - Telephone 130 125 130 5 125 Community Programs 225 738 225 (513) 700
Total Expense 3,202 3,768 3,250 (518) 4,275 Net Ordinary Income (2,502) (1,318) (2,550) 1,232 (2,175) Other Income/Expense
Other IncomeInterest Income 933 608 900 (292) 600
Total Other Income 933 608 900 (292) 600 Net Income (1,569) (710) (1,650) 940 (1,575)
GHHA Assets SummaryAs of December 31, 2009
Dec 31, 2009 Dec 31, 2008$ Change
B / (W)
ASSETS
Current Assets
Checking/Savings
Guaranty - Checking 4,066 3,883 183
Total Checking/Savings 4,066 3,883 183
Other Current Assets 0
Guaranty - CD 1049 13,266 14,358 (1,092)
Guaranty - CD 9014 12,505 12,305 200
Total Other Current Assets 25,771 26,663 (892)
Total Current Assets 29,836 30,546 (710)
2009 Resale/Transfers 17 Homes Sold
Street Name
5905Rising Hills Su Yeong Kim and Wilson Wai Hong9902Sausalito Donald and Kelly D'Adam5710Rain Creek Austin Jones & Dana Holloway5903Rising Hills Angie and Brett Payne6106Amberly C.R. & Marilynn Kline5909Painted Valley Andrew Wiggens & Sarah McElvain5708Rain Creek Gerald and Nai Pearson
10206Sausalito Jordan Scalo5902Rain Creek Paul Graeber
10503 Painted Valley Cove Marcus and Patricia Williams6002Ivy Hills James and Renee Irion5906Rain Creek MacGregor Stephenson6203Mercedes Larry Kravitz and Laura Perez
10100Sausalito Matthew and Jennifer McCabe5709Costas Cove Jie and Mark Ralls5806Painted Valley Charles L. Meissner9901Sausalito Richard and Barbara Clements
2009 ACC Activity
Approvals: Landscaping 1
Construction 8
Roof 25
Pool Installation 2
Fencing2
Painting3
Total 16
Correction Requests: Unkept Grounds 6
Trailer Parking 2
Street Parking 4
Total 12
2010 ACC Initiatives
Attorney Retention - Temporary retention to assist HOA Board with specific compliance matter
Ready for Green UpdatesReview existing building guidelines for ‘Green’ building initiative updates.
Solar, wind power, efficient cooling, etc.
Educate New ResidentsEducation of new residents via ACC inclusion in Welcome packet to ensure awareness
of regulations and process.
Open Board PositionsNominations/Volunteers Needed
President Vice-President Treasurer Secretary Newsletter editor
Current Issues for Discussion and/or Vote
Changing/updating building guidelines:Green Initiatives
New Items from the floor
Open
Great Hills Homeowners Association
Section IX & X
Thank you.Refreshments available, please enjoy!