Board Meeting 5/17/2020
EPMFHOA Zoom Board Meeting
5/17/2020
Zoom Attendees: Rick & Claudia Jordan, Nan Belknap, Carol Prince, Pete & Linda Hogue, Ronnie LaRue, Anne Poznic, Susan Novy
Call to Order: 4:00
How is Everyone Doing? The attendees seem to be doing fine.
Secretary’s note: This is the first Zoom meeting after the Covid-19 self quarantine. The town now requires masks for walking around downtown and in the stores (ticketed if no mask- and no ice cream cone 😉 now that the town is officially opening up to tourists May 27. RMNP will open then too, up to 1300 visitors/day. You must make a reservation for date and time to go into the park, so that the line isn’t 1300 cars long first thing in the morning.
Secretary’s Report:
Minutes for 1/19/2020 Board Meeting. Ann moved to accept the minutes, Linda 2nd. Passed.
Treasurer’s Report:
FINANCIALS AND FINANCIAL SITUATION
April 2020 financials are available on the website.
Our transition to Bank of Colorado, Fidelity and to using a business credit card are all going smoothly now. The only down side at this time is that low risk investments and savings accounts are not earning much interest. We are poised to benefit from better rates as the economy improves.
We have finished online set up of all the cash and investment accounts and can easily move money between checking and savings/investment accounts and between Bank of Colorado and Fidelity Investments accounts.
MONTHLY ASSESSMENTS
One owner is behind on their assessments due to Covid-19. This owner is in communication with me and has promised to get their payments caught up as soon as they are able.
SHOW US THE MONEY!
As of April, our cash on hand is as follows:
- BOC Checking $ 8,988.72
- BOC Operations Savings 5,004.83
- Fidelity Reserve Savings 68,597.18
- Fidelity Operations Savings 41,113.71
- TOTAL: $123,704.44
Respectfully submitted,
Anne Poznic
Treasurer
Ronnie moved to accept the treasurers report, Ann 2nd. Passed
B&G Report:
Projects:
1438 Roof Leak
Majestic Roofing repaired Chimney flashing issue.
Waiting to see if that’s the root cause before inside repairs commencement
1454 Driveway completed. Chatting with Solid Grounds about 3 “irrigation” pipes
1435 Flicker hole fix will be on schedule soon
1410 Driveway bid is in. Need to chat with City, Ryan Barr, about the street abutment issues
1440: Rim Joist replacement and siding replacement
Both successful. Kingswood did a great job and so did Cousineau
Cousineau cae in about $700 under his estimate. Materials were about $700
Decks/Porches
Assessment and associated stain colors coming soon. Should be done by 1 June
We have 30 back decks: 4 are trex. Of the 26 remaining, 9 or10 need to be sanded, power washedandstained
We have 8 bridges: 2 are trex. Of the remaining 6, 2 need to be done. (Bakers is not in good condition)
We have 23 front decks/porches: 12 are concrete. Of the remaining 11, 2 need to be done.
1434 Deck replacement bids for labor and materials coming along. Need one more
Gutters: Cleaned and running. Will do again this Fall
Downspout extension protection: Elen and I placed stones. BIG THANKS TO ELEN!!
Landscape Maintenance:
Tree protection:
Stones and wire
Canadian Choke Cherry trees – bush vs tree
Remove dead trees/branches
General cleanup
Thanks to all those who picked up winter’s detritis
We’ll be going around and trimming up the Canadian Choke Cherry Trees
Mountain Fairways entrance signs:
Pamm has volunteered to repaint the signs. A HUGE Thanks!!
Look for the improvement!!!
***Heads up!! Steve Poznic alerted us to the fact that our sign posts were being chewed by weed
wacker folks. We now have a starter set of rocks in both sign locations which protect the posts.
Thanks so much for the heads up, Steve!!
Solid Grounds: $9198..Reasonable
Fence Maintenance:
8 Fence posts replaced.
All posts checked; many secured
Two rails put back on west side
Snow Plowing:
Ups and downs
Shoveler
Next Year will take a look at alternatives
Natural Area: Cleaning it up
1410: Edging 8×8 is due to be replaced by Solid Grounds
They buggered it last year – weedwacker casualty
Painting
B&G needs to identify selected sides and evaluate painting them
2019 covered painting selected sides in dire need.
The new paint, Sherwin Williams “Resilience” heldup well during the winter
Looks like new. YEAH!!!
1440: Arleta’s deck, done last year due to sun damage looks great this year.
Helpers:
We have a few “helpers” to help with odd jobs.
They are students, folks needing extra work. All people many of us know
As a group they have been super helpful and we will be able to call upon them
during the year.
Ann moved to accept the B&G Report, Ronnie seconded. Passed.
Old Business:
HOA Documents Study Group: No action taken.
Work Order Compliance: No action taken
HOA Lease Agreement: The HOA does have the right to know the renter’s name and contact information, length of duration of the lease, the renter’s renter insurance, and the lease information should be updated annually by the owner.
Insurance: No action taken.
Adjournment: 4:40
Posted in Minutes 2020 by Susan with no comments yet.
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