RMK UNIT XI HOMEOWNERS ASSOCIATION BOARD MEETING
MINUTES FOR November 17, 2016
FREMONT ROOM, RIDGEMARK CLUBHOUSE
The meeting was called to order at 7:00 pm.
Board Members Present: The following were present: Parris Giunta, Heidi Lipp, Bill Baker, Kelly Mitchell, Dennis Hughes, and Harry Hill.
Visitors: C. Eric Barton, Vesta & Jim Maxwell, Jose & Rachel Fernandez, and Robert Rodriguez.
Minutes: The minutes from the August 9, 2016 were approved.
Financial Report:
ASSETS
Current Assets
Checking/Savings
Union Bank – Checking 29,080.10
Union Bank CD 19,894.92
Total Checking/Savings 48,975.02
Accounts Receivable 101.93
Total Current Assets 49,076.95
Other Assets
Restricted Cash-Reserve Account 75,500.00
Total Other Assets 75,500.00
Total Assets 124,576.95
LIABILITIES & EQUITY
Equity
Retained Earnings 105,868.11
Net Income 18,708.84
Total Equity 124,576.95
TOTAL LIABILITIES & EQUITY 124,576.95
Financial Report: The financial report and 2017 budget were approved. Kelly Mitchell explained that our CD was converted from a one year to a two year CD because of the better interest rate, and if we needed the funds, the penalty would less than the lost interest.
Committee Reports:
- Architectural Review Committee:
Committee to check with golf course on dead tree on hole 7 and dead trees by back gate.
Shortcut off Ridgemark Drive used by some golfers by hole 8 needs to be addressed. We are considering more bushes or boulders to block the path used by the carts.
Lot 643: Trailer has been in driveway over 48 hours.
Lot 631: Semi-truck has been parked on street for over 48 hours.
Lot 609: Request for approval of solar panels.
- Ridgemark Estates Guards and Roads Council:
New security cameras are being considered for the security gates.
Two months ago, a truck drove across several lawns on South Ridgemark Drive. In October, a truck did the same on Ridgemark Drive. It was reported by one of our homeowners that it happened again on South Ridgemark Drive. Both times the security guards were informed and recorded the incidents but the culprits have not been identified.
Old Business:
Speeding Awareness Campaign:
The original speeding awareness signs were stolen. The signs were vandalized and some were left in front of a homeowner’s property and also on the radar speed trailer on loan from the county. The sheriff’s department is involved and is investigating the case. There is a video showing the thief stealing one of the signs from the front of one home. It has been traced back to a tenant of a homeowner. The board will be requesting a meeting with the homeowner and tenant. Signs have been replaced by board members.
If speeding awareness campaign does not work, the board will consider speed humps at our meeting in February. There will be vote of all homeowners before any speed humps are installed.
Block Party:
Approximately 50 homeowners attended the party. The weather was hot but the company was great. The board is discussing another block party for the fall of 2017.
New Business:
Board of Directors Openings:
There will be two openings on the board next year. If you are interested in becoming a candidate, please go to the RMXIHOA website, (https://ridgemarkhoaxi.com/) and download and complete a statement of candidacy. The form will also be attached to this email. The forms are due by December 15 to Bill Baker at 1000 Paullus Drive. We will announce the results of the election at the February 15, 2017 board meeting.
Electronic Billing & Payment:
Homeowners will be given an option to receive bills via e-mail or paper.
Meeting adjourned at 7:50 pm. The next meeting will be on February 15, 2017, Wednesday.
Prepared and submitted by:
Heidi Lipp Secretary – RMXIHOA
RIDGEMARK XI HOA MEMBERS OF THE BOARD of DIRECTORS
Bill Baker, President / 831.637.8930 / bbaker@bakercadence.com
Parris Giunta, Vice Present / 408.234.4425 / parris@acquacures.com
Heidi Lipp, Secretary / 408.981.3037 / heidilipp@gmail.com
Kelly Mitchell, Treasurer / 831.630.1517 / tasteslikelamb@msn.com
Architectural Review Committee:
Harry Hill / 831.637.9324 / harryhill@yahoo.com
Dennis Hughes / 831.313.0880 / edennis13@charter.net
Paul Namkoong / 831.636.5490 / namkoong55@gmail.com
Ridgemark XI :: Home Owners Association 