EPMFHOA Minutes 3/13/22
Attendees: Rick, Ronnie, Pete, Nan, Pamm, Sherry, Linda H, Arleta, Becky, Lori, Randy, Anne
Finance: – minutes approved, Pete & Nan
– approved MF 2222 revised budget
– Treasurer: Pete
final budget worksheet was sent out with tiny changes so we need to approve
– Approved, Ronnie & Pam
Planning and Practices – no items on agenda
B&G – no new projects in progress. Snow removal continues
Rental Issue re VRBO problem with 1447- Ronnie noted the onus is on all owners for the actions of one owner
-who supervises the proposed 3 day limit? Who enforces it? An inflexible ruling would negatively impact other owners
– Business Practices function may be to rewrite document re rental. Pamm & Pete will take lead in rewriting it(?).
Schedule for next meeting – April? Yes, in order to discuss Property Management and upcoming interview
– April proposed
General discussion – Water retention and lawn replacement discussed at state level.
Old business: none listed
Insurance increase: it is built into next year budget already. How do we cover in the future?The current replacement cost of $250 that is currently in the policy will definitely go up in the future
– maybe increase the deductible in the future, but need input from all the owners involved
– Ronnie asked if we have a ‘cadillac’ policy. We need the components 7 get comparisons
– an idea was suggested to use the Property Management co to group our insurance with others and get a discount
Rental Property document re: short term visitors (Becky and Lori):
The issue in the document is whether to restrict guests when the owner isn’t present.
    #1 ok – straight forward enough: no short-term rentals, minimum 6 month rentals.
     #2   – Ok commentary: We like a safe, quiet neighborhood.
     #3   – problem – determining/managing when visitors are here without the owner present. Are they actually short-term rentals? The HOA assumes they’re guests when the owner is present, but is unsure when the owner isn’t present. It seems the question/concern is how many times do we want “unaccompanied” strangers in the neighborhood and who’s going to manage that and how will that be managed?
No conclusion was made.
End of meeting.
Minutes taken by Nan Belknap and edited (rental property document) by Susan Novy
Posted in Minutes 2022 by Susan with no comments yet.
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