6-15-23 Budget Meeting via Zoom

Author: June 5, 2023

News

A virtual meeting is schedule for 5 PM on 6/15/23 to consider increasing monthly dues and amend the 2023 budget. Members can join by using the Zoom link below. This meeting is virtual only. There is no in person meeting location. Contact Albers Co with questions at 402-434-0292. Here is the notice being mailed out to members:

 

Sterling Hills Townhome Association

Notice of Budget Meeting

DATE: Thursday, June 15, 2023

MEETING TIME: 5:00 P.M. – 6:00 P.M.

LOCATION: Zoom Virtual Meeting https://us06web.zoom.us/j/86822723700?pwd=a0Myd3Z6eUlCRHNSNGZLejVWZlhuUT09

 

 

Meeting Agenda

 

  1. Call to Order and introduction of Board of Directors – Dugger

 

  1. Approval of 2022 Annual Meeting Minutes – Dugger

 

  1. 2022 Profit – Loss and Cash Flow Statements – BOD & Albers

 

  1. Lawncare & snow removal services answers:
    1. Sprinklers were winterized 11/3/22.
    2. At system start up each year, all sprinkler heads are checked and missing or damaged heads are replaced.
    3. Zone map with timing attached (if available from lawncare company)
    4. Weed control: using pre-emergent and monthly weed control spray as needed
    5. Replacement sod map (if available from lawncare company)
    6. Requested lawncare company to pick up downspout extensions from the ground before mowing
    7. Requested snow removal company (same company) to remove snow from south side of Grainger, west of McBride Avenue.

 

  1. Budget discussion
    1. Pavement repairs ~50% complete with list exhibit (major cracks and poly lifts are complete)
      1. Bids to complete work Concrete Repair – $17,640.00 Polylifting – $3,906.00
    2. Garbage & recycling rates: $15.25/month
    3. Garbage & recycling contract end date: 12/31/27
    4. Lawncare contract end date: 12/31/24 (same company as snow removal)
    5. Snow removal contract end date: Spring 2025 (same company as lawncare)
    6. 10% reserve fund line item required by underwriters
    7. Albers’ dues increase recommendation: $5/month (from $75/month to $80/month per unit)

 

  1. Dues increase with effective date – member vote

 

  1. Open Forum Discussion – Dugger
  2. Members open forum discussion: Anyone wishing to speak must notify the Board at the address below on the subject matter they wish to speak on and time involved for the speaking. Notification must be given at least three (3) days prior to the meeting in order for the Board of Directors to prepare.

 

  1. Motion for Adjournment – Dugger

 

Jason Dugger, President ▪ Allison Alber, Vice President ▪ Bryan Sink, Secretary Treasurer

Sterling Hills Townhome Association ▪ Albers Co.9060 Andermatt Dr. Suite 105, Lincoln, NE 68526 ▪ 402-434-0292