RIDGEMARK UNIT XI HOMEOWNERS ASSOCIATION BOARD MEETING MINUTES

FOR JANUARY 19, 2021

Zoom Meeting

The meeting was called to order at 7:00 pm. by Harry Hill.

Board Members Present:  Bill Baker, Harry Hill, Mike Kivlehan, Parris Giunta, Lena Blackburn

Visitors Present:  Neil Volosing, Vedana Freitas

Committee Reports

Financial:

Mike Kivlehan, treasurer, presented a budget analysis for 2020 versus 2021.

		2020	2021
HOA dues		74551	76220	185x103x4
Late fees		607	500
Document fees		100	100
Transfer fees		250	250
Interest		750	100
Security etc.		-50119	-55452	4621×12
Landscape		-10600	-10200	850X12
Bookkeeping		-3305	-3305	Fisher/Bianchi
Liability Insurance		-878	-878	Travelers
Meeting Room		-150	-300
Legal		0	0
Postage/office sup		-711	-711
Taxes		-10	-10
P.O.Boxes		-204	-204
Annual Surplus		10281	6110

There was a discussion on the increase in the security assessment from the Ridgemark Community.  Some board members mentioned the improvement in security with Allied and the need to be competitive with salaries. 

There was a discussion on the need to build a surplus for future road maintenance.

Mike Kivlehan recommended that the board consider increasing the quarterly dues $15 effective April 1, 2021. 

There was some discussion by other members on a larger increase since RM XI HOA quarterly dues are much lower than the RM HOA.  It was pointed out that the RM HOA had considerable legal expenses that caused their assessment to be higher. Other board members felt we needed to maintain an annual surplus from year to year but only to increase the dues assessment for 2021.

Harry Hill moved that the annual dues be increased by $15 per quarter to $200 effective April 1, 2021 to maintain a surplus of $10,000 for 2021.  The motion was seconded by Lena Blackburn and passed by unanimous vote of the board.

New Business

Harry Hill and Bill Baker having just attended a RM Security Committee Zoom meeting reported that there was concern for access to Paullus Drive from the unlocked gate leading to the cart path from the Ridgemark cabanas to Paullus Drive.   The security committee agreed that RM XI HOA should meet with Sierra Golf to discuss securing this gate and the gate on Dan Drive to Hwy. 25.  Harry and Bill will be arranging for the meeting with Sierra Golf management regarding these gates and the use of Paullus for a cart path from hole 6 to hole 7.

There being no further new business the meeting was adjourned at 7:30 PM.

The next board meeting is scheduled for Tuesday, April 13, 2021 at 7:00 PM.

Prepared and Submitted by:

Bill Baker

Secretary, RM XI HOA