The meeting was called to order at 7:00 pm by board President Parris Giunta.
Board Members Present: Bill Baker, Harry Hill (absent), Lena Blackburn, Paul Namkoong, Bartolo Racca, Parris Giunta, Grant Kane
Visitors Present: Mariah Giunta (1259 Ridgemark Drive) Linda Racca (135 Jeanette Court.) Ilda Barbieri (1515 S. Ridgemark Drive), Julie Lazaria (1515 S. Ridgemark Drive
A motion was made to accept the minutes of the board meeting of March 16, 2022. Motion to approve minutes was made by Namkoong. Seconded and approved by unanimous voice vote of the board.
Committee Reports
Financial:
Paul Namkoong, treasurer, provided the board copies of the Income Statement as of May 31, 2022:
Ordinary Income/Expense
Income
Dues 41,200.00
Document fee income 20.00
Transfer Fee 50.00
Late Fees 230.00
Total Income 41,500.00
Gross Profit 41,500.00
Expense
Landscaping 4,250.00
Accounting 1,480.00
Meeting Room Fee 100.00
Office Supplies 418.76
Taxes (Federal) 35.00
Rent 70.00
Security 23,800.00
Total Expense 30,153.76
Net Ordinary Income 11,346.24
Other Income/Expense
Other Income
Interest Income-Bank 0.82
Interest Income (Finance Charge) 16.13
Total Other Income 16.95
Net Other Income 16.95
Net Income 11,363.19
Balance Sheet as of May 31,2022
ASSETS
Checking/Savings
Chase – Checking 80112 24,081.13
Chase – Savings 11338 10,009.93
Chase – CD 6535, 8546 70,624.67
Total Checking/Savings 104,715.73
Accounts Receivable 340.28
Total Accounts Receivable 340.28
Other Current Assets
Undeposited Funds 0.00
Total Other Current Assets 0.00
Total Current Assets 105,056.01
TOTAL ASSETS 105,056.01
LIABILITIES & EQUITY
Equity
Reserved Funds 93,692.82
Net Income 11,363.19
Total Equity 105,056.01
TOTAL LIABILITIES & EQUITY 105,056.01
Namkoong reported that Account Receivable was now $340.28.
Hill made a motion that the Financial Report be accepted, Baker seconded the motion and the motion was passed by unanimous voice vote.
Architectural Review Committee:
Harry Hill reported he had approved the paint scheme for a home in our HOA. Parris has informed the Board that he also had approved the painting of a home in compliance with CC&R’s.
ATTENTION: RESIDENTS MUST OBTAIN APPROVAL FOR EXTERIOR PAINT SCHEMES PRIOR TO INITIATING PERFORMANCE.
Landscaping Committee:
Lena Blackburn reported that she had reached out to contractors regarding ground cover for the landscape areas. Lena was unable to secure a contractor (no response) with a reasonable quote. Parris indicated he has a contact for dried walnut shells as ground cover for the landscape areas of concern.
Lena recommended that contact be made with John Winn (Golf Course Property Owner Representative) regarding the cutting and removal of dead trees on Golf Course property. Ilda Barbieri and other members of the Board expressed grievance regarding the dead trees as unsightly along the former hole number 7 fairway. Ilda mentioned the lack of maintenance of the former snack shack by the rear gate entrance. The request for maintenance of dead and unsightly property along Highway 25 was also brought to the attention of the Board.
Parris indicated he would provide Ilda with the contact information of Mr. Winn allowing Ilda to be provided that information to her attorney.
Bill Baker suggested they could create a petition and submitted to John Winn expressing the desire of the homeowners on the petition to have Wynn do the maintenance on the property under his management. Baker offered to provide them Wynn’s contact information if they requested it.
Old Business
Roads and Guards Report
Home Break-ins: Bill Baker reported a security matter related to kids breaking into residences. Sheriffs were called and the parents of the identified kids were notified. No other information related to the matter was provided. No other issues were brought to the Board.
Jess Court Signage and other weathered signs. Racca told the Board he contacted the Public Works Department (phone and email) regarding the weathered signage. The County was to send a crew to evaluate the request for replacement. Have not heard back as to the findings.
Dan Court Emergency entrance signage: Racca provided a cost estimate to the Board for signage providing a contact number if HOA members notice the gate open. The number recommended would be that of the current security company. Cost for the purchase was approved.
Back Security Gate Signage: Board discussed signage for the rear entrance gate to read “Registered Residents Access Only” and also “No Trailers”. Bill Baker recommended tabling the issue until he had opportunity to discuss the matter with other HOA’s that would be affected.
Speed Bumps: Carol Peterson was not present; however, she had received and submitted three quotes for speed bumps, speed humps and other speed control devices. Parris had not had the opportunity to fully evaluate the difference. Pros and cons of various devices was discussed. Cost and placement if approved was discussed with recommendations.
The Board thanks Carol Peterson for her research, providing the Board alternatives and quotes to address the speed control issue within the HOA.
The requirement that a speed control expenditure exceeding simple Board approval be submitted to the HOA membership was discussed.
Recommended that a committee be established to evaluate the various types of speed control, and to prepare a draft narrative for disseminating the information for discussion with the HOA membership.
Bill Baker said there is a committee meeting with all the HOA’s upcoming. He will express the concerns related to this matter with the other HOA’s.
New Business: No new business was brought before the Board
Adjournment
There being no other new business the President Giunta adjourned the meeting at 8:00 P.M.
Note(s):
(1) All Ridgemark XI homeowners are requested to keep their contact information current with the board of directors. Please email to Bart Racca, at bartalomejoe1@gmail.com.
(2) Please find the “Ridgemark’s 50th Jubilee Celebration” flyer – Attached
Prepared and submitted by:
Bartolo Racca Secretary, RM XI HOA
Next scheduled Board of Directors Meeting: Thursday September 15, 2022, 7:00 PM
Ridgemark XI :: Home Owners Association 