RIDGEMARK XI HOMEOWNERS ASSOCIATION BOARD MEETING
MINUTES FOR NOVEMBER 14, 2018
RIDGEMARK CLUBHOUSE
The meeting was called to order at 7:00 pm.
Board Members Present: The following were present: Harry Hill, Fred Abraham, Parris Giunta, Bill Baker, Carol Reed, and Heidi Lipp.
Visitors: Bob Howell, Ron Toff, Jose & Rachel Fernandez, Jim Maxwell, Jim Woida, Mike Kivlehan, and Merlin Knowles.
Minutes: The minutes from the August 7, 2018 meeting were approved.
Committee Report: The financial report was presented.
Balance Sheet
As of October 31, 2018
ASSETS
Current Assets
Checking/Savings
Union Bank – Checking 38958.07
Union Bank-CD 29061.15
Total Checking/Savings 68019.22
Account Receivable
Accounts Receivable 3535.07
Accts Receivable-Title Company 70.00
Total Accounts Receivable 3605.07
Total Current Assets 71624.29
Other Assets
Restricted Cash-Reserve Account 75500.00
Total Other Assets 75500.00
Total Assets 147124.29
LIABILITIES & EQUITY
Equity
Retained Earnings 124064.02
Net Income 23060.27
Total Equity 147124.29
TOTAL LIABILITIES & EQUITY 147124.29
$105000.00 will be moved from the short-term savings account to checking. Funds will be used to resurface roads.
The following lots are over 120 days past due:
Lot 672 $188.80
Lot 636 348.60
Lot 608 167.00
Lot 692 268.29
The delinquent accounts must be paid within 15 days of written notice of default and demand for payment. If not paid, the Board will revoke their RFID privilege and place a lien of said property. Bill has reduced the past due accounts by implementing the above policy.
Architectural Review Committee:
Lot 659: Homeowner will cut oleanders and butterfly bush to comply with CC&R’s.
Lot 704: Dennis is working with the golf course on issue of fig trees planted on golf course property without permission. Fig trees are blocking view of neighbor.
Lot 605: Email will be sent to remind homeowner of 48 hour RV/Trailer parking rule.
Lot 631: Bill, Parris, and Harry will visit homeowner to remind homeowner of commercial vehicle parking rule. A letter was already sent.
RV/Recreational Vehicles are only allowed to be on premises for 48 hours. However, if there is a special circumstance (emergency), please contact the board. The Board will carefully consider certain circumstances.
The Board has the right to fine homeowners who do not follow the CC&R’s.
Old Business:
Roads and Guards Report: Bill will discuss issues with vehicles coming in without permission. Bill will ask about CSA-9 funds for painting our soon to be resurfaced streets.
Resurfacing Roads: Parris received a quote of $63K to resurface roads plus $5K for striping, etc. More bids will be requested. The weather is prohibitive of resurfacing at this time. April would be the soonest that roads can be resurfaced.
Landscape Contract: Carol is sending out bids for the common area landscaping. Carol will also get a bid for the overgrown Oleanders on the corner of S. Ridgemark Dr. and Paullus Dr.
RMHOA Agreement: A committee will be formed to tackle the issues of use of roads, Hole 8 homes elimination, and new homes’ HOA dues.
New Business:
General Phone Service: Parris will get bids on a general phone service. Calls will go to a general number instead of calling Board Members personal cell phones. There is an abundance of calls made to our Board Members that don’t have anything to do with RMXIHOA. The calls are usually for the other HOA.
Two Board Openings: There will be two Board openings. Homeowners are encouraged to get involved in the community. A candidacy statement will be attached to this email. You can also access a form from our website: http://ridgemarkhoaxi.com.
Architectural Review: A cheat sheet on what you need to contact the ARC for will be attached to this email.
Meeting adjourned at 8:12 pm.
The next scheduled Board meeting is scheduled for Tuesday, February 12, 2019.
Prepared and Submitted by:
Heidi Lipp
RMXIHOA Secretary
Ridgemark XI :: Home Owners Association 
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