Hickory Creek Subdivision HOA 2010 Mtg

8/9/2019 Hickory Creek Subdivision HOA 2010 Mtg

1/15

HickoryCreekSub

division

HickoryCreekSub

division

Hom

eOwnersAssociationAn

nualMeeting

Hom

eOwnersAssociationAn

nualMeeting

Tuesday,

April,13

T

uesday,

April,13thth,

2010

,7:00PM

,2010

,7:00PM

((email:hickorycreekboard@ho

tmail.com)

email:hickorycreekboard@ho

tmail.com)

We

lcome

!

We

lcome

!


2/15

Hickory

CreekSubdivis

ion

Hickory

CreekSubdivis

ion

HomeOwnersA

ssociationAnnualMeeting

HomeOwnersA


Agenda:

Agen

da:

1.

1.

IntroductionofBoard

IntroductionofBoard

2.

2.

ReviewofFina

nces

ReviewofFina

nces

3.

3.

SubdivisionIssues

SubdivisionIss

ues

4.

4.

ReviewofUpcomingEvents

ReviewofUpcomingEvents

5.

5.

ElectionforOp

enSeatsonBoard

ElectionforOp

enSeatsonBoard

6.

6.

RaisedComme

ntsfromQues

tionnaire?

RaisedComme

ntsfromQues

tionnaire?

7.

7.

Question/Answ

erPeriod

Question/Answ

erPeriod

8.

8.

Close

Close


3/15

Hickory

CreekSubdivis

ion

Hickory

CreekSubdivis

ion

HomeOwnersA


HomeOwnersA


1.

1.

Introductionof

Board

Introductionof

Board

PinoMancina

PinoMancina

MarkSaunders

JoeStuglin(se

atopenforele

ction)

DaveTabacchini(seatopenforelection)

MarkTabacchini(seatopenf

orelection)


4/15

Hickory

CreekSubdivis

ion

Hickory

CreekSubdivis

ion

HomeOwnersA


HomeOwnersA


2.

2.

Re

viewofFinances

Re

viewofFinances

AccountBankBalanceasofMarch31

AccountBankBalanceasofM

arch31stst,1

0:,1

0:

$19,0

24.9

0

$19,0

24.9

0

AccountatHu

ntingtonBankin

Warren

AccountatHu

ntingtonBankin

Warren

HOAmaintain

sacheckingand

savingsaccount.

HOAmaintain

sacheckingand

savingsaccount.

Doesnotinclu

decollectionof2

010Dues

Doesnotinclu

decollectionof2

010Dues

Financeshave

beenwellm

anaged.

ManyHOAa

rein

Financeshave

beenwellmanaged.

ManyHOAa

rein

criticalfinancialconditionthatrequireincreasing

dues.

criticalfinancialconditionthatrequireincreasing

dues.


5/15

Hickory

CreekSubdivis

ion

Hickory

CreekSubdivis

ion

HomeOwnersA


HomeOwnersA


2.

2.

ReviewofFinances(continued)


HistoryofBankB

alance

HistoryofBankB

alance

AccountBalance

$-

$5,0

00.0

0

$10,0

00.0

0

$15,0

00.0

0

$20,0

00.0

0

$25,0

00.0

0

2001

2002

2003

2004

2005

20

06

2007

2008

2009

Year

AccountBalance


6/15

Hickory

CreekSubdivis

ion

Hickory

CreekSubdivis

ion

HomeOwnersA


HomeOwnersA


2.

2.



IncomeCollected

in2009:

IncomeCollected

in2009:

Dues:

Dues:

$13,30

6.3

0

$13,30

6.3

0

Misc:

Misc:

$608.0

0

$608.0

0

Total:

Total:

$13,91

4.3

0

$13,91

4.3

0

Expensesfor200

9:

Expensesfor2009:

AttorneyFees:

AttorneyFees:

$1,0

55

.20

$1,0

55

.20

XmasLights:

XmasLights:

$1,2

41

.86

$1,2

41

.86

RefundDues:

RefundDues:

$90.00

$90.00

FertilizationofGrass:

FertilizationofGrass:

$658.5

5

$658.5

5

GarageSale:

GarageSale:

$50.50

$50.50

Insurance:

Insurance:

$1,1

00

.00

$1,1

00

.00

Landscaping:

Landscaping:

$2,6

00

.00

$2,6

00

.00


7/15

Hickory

CreekSubdivis

ion

Hickory

CreekSubdivis

ion

HomeOwnersA


HomeOwnersA


2.

2.

Re

viewofFinances(continued)

Re


Expensesfor2

009(continued)

Expensesfor2

009(continued)

LawnCutting:

LawnCutting:

$2,44

0.0

0

$2,44

0.0

0

EntranceLights:

EntranceLights:

$55.00

$55.00(bulbs)

(bulbs)

MiscMaintena

nce:

MiscMaintena

nce:

$0.00

$0.00

MeetingRoom

fees:

MeetingRoom

fees:

$75.00

$75.00(AnnualMtg)

(AnnualMtg)

Misc:Hayride

Misc:Hayride

$952.13

$952.13

POBox:

POBox:

$40.00

$40.00

Incorp.

Fees:

Incorp.

Fees:

$20.00

$20.00

SnowRemova

l:

SnowRemova

l:

$0.00

$0.00

SprinklerMain

tenance:

SprinklerMain

tenance:

$527.50

$527.50


8/15

Hickory

CreekSubdivis

ion

Hickory

CreekSubdivis

ion

HomeOwnersA


HomeOwnersA


2.

2.



Expensesfor200

9(continued)

Expensesfor2009(continued)

Stamps:

Stamps:

$47.52

$47.52

Supplies:

Supplies:

$0.0

0

$0.0

0

OtherTax:

OtherTax:

$150.0

0

$150.0

0

GasandElectric:

GasandElectric:

$652.9

3

$652.9

3

Water:

Water:

$376.5

8

$376.5

8

TotalExpenses:

TotalExpenses:

$12,13

2.7

7

$12,13

2.7

7

NetIncomefor2009

NetIncomefor2009

TotalIncome:

TotalIncome:

$13,91

4.3

0

$13,91

4.3

0

TotalExpenses:

TotalExpenses:

$12,13

2.7

7

$12,13

2.7

7

NetIncome/(loss)

NetIncome/(loss)

$1,7

81

.53

$1,7

81

.53


9/15

Hickory

CreekSubdivis

ion

Hickory

CreekSubdivis

ion

HomeOwnersA


HomeOwnersA


2.

2.

Re


Re


PlanforreductionofExpensesfor2010

PlanforreductionofExpense

sfor2010

AttempttominimizeLegalfees

AttempttominimizeLegalfees

PlanforComm

unityXmasLightInstall

PlanforComm

unityXmasLightInstall

Informationall

ettersavailableonnewFacebook

site:

Informationall

ettersavailableo

nnewFacebook

site:

HickoryCree

kHOA

HickoryCreekHOA.(askto

beafriend)

.(asktobeafriend)

HandDelivery

ofNewslettersandNotices

HandDelivery

ofNewslettersandNotices

Attempttoreduceutilityconsumption

Attempttoreduceutilityconsumption


10/15

Hickory

CreekSubdivis

ion

Hickory

CreekSubdivis

ion

HomeOwnersA


HomeOwnersA


3.

3.

Sub

divisionIssues

Sub

divisionIssues

DelinquentDuesfrom

1Homeowner.Fore

closureproceedingsh

ave

DelinquentDuesfrom

1Homeowner.Fore

closureproceedingsh

avebeen

been

filedbytheHOAinordertocollectpastduesandlegalfees.

filedbytheHOAinordertocollectpastduesandlegalfees.

Othersbelow

Othersbelow

Foreclosures

Foreclosurescurrently1knownforeclosure.

Boardincontactw

ith

current

ly1knownforeclosure.

Boardincontactw

ith

Mortgageholdertopresscontinualmainten

ance.

Mayalsorequir

Mortgageholdertopresscontinualmainten

ance.

Mayalsorequirelegal.

elegal.

23251HiddenCreekDr

23251HiddenCreekDrforeclosed03/2010(possiblesalepending)

foreclosed03/2010(possiblesalepending)

Upkeeponallhomes

Upkeeponallhomes

Temp.

Pools:willbe

allowedlikelastyear

aslongasaTownsh

Temp.

Pools:willbe

allowedlikelastyear

aslongasaTownshipip

approvedpermitissu

bmittedtotheHOAB

oardforapprovalprio

r

approvedpermitissu

bmittedtotheHOAB

oardforapprovalprio

rtopool

topool

erection.

Poolsinvio

lationofthiswillb

eassesseda$5/day

erection.

Poolsinvio

lationofthiswillb

eassesseda$5/dayfine

until

fine

until

corrected.

corrected.

ProposednewEntran

ceSign

ProposednewEntran

ceSign


11/15

Hickory

CreekSubdivis

ion

Hickory

CreekSubdivis

ion

HomeOwnersA


HomeOwnersA


4.

4.

ReviewofUpcom

ingEvents

ReviewofUpcom

ingEvents

SubdivisionGarageSalescheduled

forMay21

SubdivisionGarag

eSalescheduled

forMay21--23rd,

2010.

23rd,

2010.

Thiswillbeadvertisedinthelocal

paperandourno

tice

Thiswillbeadvertisedinthelocal

paperandourno

tice

boardwillbeplac

edatthefrontentrance.

boardwillb

eplac

edatthefrontentrance.

MacombCountyRoadCommission

(MCRC)planning

on

MacombCountyRoadCommission

(MCRC)planning

on

doingsubdivision

roadmaintenanc

ethisspring(crack

doingsubdivision

roadmaintenanc

ethisspring(crack

sealingcompleted4/1/10,possible

slabreplacements,etc)

sealingcompleted4/1/10,possible

slabreplacements,etc)

PlanforHallowee

nHayrideandSu

bGet

PlanforHallowee

nHayrideandSu

bGet--Togetherfor

Togetherfor

October

October

ContinuationofS

ubdivisionNewsle

tteronceperqua

rterto

ContinuationofS

ubdivisionNewsle

tteronceperqua

rterto

keepallinformed

.

keepalli

nformed

.


12/15

Hickory

CreekSubdivis

ion

Hickory

CreekSubdivis

ion

HomeOwnersA


HomeOwnersA


5.

5.

Ele

ctionforOp

enSeatson

Board

Ele

ctionforOpenSeatson

Board

OpenSeatsforElection:

OpenSeatsforElection:

JoeStuglin

JoeStuglin

DaveTabacch

ini

DaveTabacch

ini

MarkTabacch

ini

MarkTabacch

ini

NominationsforSeats

Nominationsfo

rSeats

Voting

Voting

Results

Results


13/15

Hickory

CreekSubdivis

ion

Hickory

CreekSubdivis

ion

HomeOwnersA


HomeOwnersA


6.

6.

Ra

isedComme

ntsfromQuestionnaire?

Ra

isedComme

ntsfromQuestionnaire?

Canweloweroreliminatedu

esfor10due

tothe

Canweloweroreliminatedu

esfor10due

tothe

bankbalance?

bankbalance?

????.

????.

????.

????.

????.

????.


14/15

Hickory

CreekSubdivis

ion

Hickory

CreekSubdivis

ion

HomeOwnersA


HomeOwnersA


7.

7.

Qu

estion/Answ

erPeriod

Qu

estion/Answ

erPeriod

HCHOAnowonFacebook:

HCHOAnowonFacebook:HickoryCreekH

OA

HickoryCreekHOA

(askto

(asktobeafriend

beafriendtogainaccesstosubdocumen

ts,

togainaccesstosubdocumen

ts,

newsletters,

info,

etc)

newsletters,

info,

etc)

HCHOAEmailAddress:

HCHOAEmailAddress:

hickorycreekbo

[email protected]

hickorycreekbo

[email protected]


15/15

Hickory

CreekSubdivis

ion

Hickory

CreekSubdivis

ion

HomeOwnersA


HomeOwnersA


8.

8.

Clo

se

Clo

se

Thank

youforattending!

Thank

youforattending!

Documents

Hickory Creek Subdivision HOA 2010 Mtg