Arrowood Homeowners Association Annual Meeting April 4, 2001 Buckhall Fire Department, Manassas, VA.
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Transcript of Arrowood Homeowners Association Annual Meeting April 4, 2001 Buckhall Fire Department, Manassas, VA.
Arrowood HomeownersAssociationAnnual Meeting
April 4, 2001Buckhall Fire Department, Manassas, VA
Agenda Introductions Financials Election of New Board Members Future Plans & Proposals Community Watch Program Evergreen Terrace Plans & Proposals ARC Issues & Concerns PWC Property Assessment Information 2000 Accomplishments Community Concerns & Issues
Arrowood HomeownersAssociation
Arrowood HomeownersAssociation
Thomas DeWispelaere PresidentSteve Jones Vice PresidentDiane Morvay SecretaryLogan Smith TreasurerByron Lewis ARC DirectorKrista Miller At-LargeJames Bullard At-Large
2000 Board of Directors
Arrowood HomeownersAssociation
• Banking
• Interest Earning Checking Account• Free Bank Services at F & M• Invested $60,000 in 3 One-Year Penalty Free CDs
Interest on 1st CD - $1,036.00 (matured in January) 2nd & 3rd CDs Mature in April
Financials
Arrowood HomeownersAssociation
2000 Assets
•Cash (Operating Fund) $ 55,676•Cash (Replacement Fund) $ 16,250•Prepaid Insurance $ 998•Accounts Receivable $ 1,042•Accrued Interest Receivable $ 985•Equipment (Fax/Copy Machine) $ 247
•Total Assets $ 75,198
•2000 Annual Financial Report - Prepared by Brown & Associates
Financials
Arrowood HomeownersAssociation
Financials
$80,594
$2,978
Assessments
Interest
2000 Revenues - $83,572
Arrowood HomeownersAssociation
Financials
Trash$44,426
Other$1,797
Admin$2,970
Lawn Contract$16,952
Repairs$3,374
Prof.Services$3,314
2000 Expenses - $72,833
Arrowood HomeownersAssociation
Financials
HOA Dues
• Annual Payment Option• Offered 12-months for payment of 11-months by January 31, 2001• 136 homeowners took advantage
• Late Fee Delinquencies & Collection Policy• Late fee is $15.00 per quarter• Delinquencies are forwarded to Collection Attorney when
total amount due exceeds $200.00, after 10-day notice.• All delinquent accounts fully recovered for 2000.
• Collection Attorney & Procedures• Collection Attorney - Donald E. Coulter• Accounts referred to attorney immediately incur an additional 25% fee.•Attorney sends another 10-day notice, then lien & legal processes begins.
Arrowood HomeownersAssociation
Election of Board MembersThree open Board positions for Year 2001 Term
Terms Expiring
Tom DeWispelaere
Diane Morvay
Resignation
James Bullard
(Board members serve a 3-year term)
Arrowood HomeownersAssociation
Future Plans & Proposals Capital Improvements
– Street Lights.
– Conversion of the Storm Water Management Pond.
– Front entranceway landscaping.
– Parkway Community Entrance.
– Playground Equipment.
–Events– Children’s Easter Egg Hunt.
– Community Garage Sale - May 5 & September 29, 2001.
– Adopt-a-highway community service project.
•June 2, September 8, & December 8, 2001.
– Halloween Parade & Community Picnic.
– Meet Santa in the Park.
– Summer events – Ideas?
– Monthly Board Meetings held at Buckhall Fire Dept. First Wednesday of each month.
Arrowood HomeownersAssociation
Future Plans & Proposals Community Watch Program
Officer Merriman, Prince William County Police Volunteer Block Captains Graffiti & Vandalism Continued Speeding & Careless Driving Children Playing in the Streets
Arrowood HomeownersAssociation
Prince William County
Property Tax Assessment Office
Allison Lindner
Arrowood HomeownersAssociation
Prince William County Tax info via the Internet
Arrowood HomeownersAssociation
Future Plans & Proposals Evergreen Terrace & Storm Water Management Pond
Mr. John Elkins – Burgess & Niple
Mr. Oscar Guzman – PWC Public Works
Arrowood HomeownersAssociation
ARC Issues
Rules of Thumb
• Exterior home and property changes requiring County permits or approvals
also require an ARC Application.
• ARC Applications are permanent HOA records. File an application even if its not required to avoid questions in the future.
Arrowood HomeownersAssociation
ARC Issues
Information handouts in the back• PWC Property Maintenance Standards & Clean Neighbor Checklist
• PWC Spring Cleanup
• PWC Department of Public Works Information Handouts– zoning approval for detached accessory structures
– installing a fence
– building a deck
– building a shed
– finishing a basement
– planning home improvements – reminders
– weed and trash ordinance enforcement
Arrowood HomeownersAssociation
2000 Accomplishments• Repaired the tennis court fence & added second gate.
• Actively pursued 2000 delinquent HOA dues.
• Renegotiated the trash service contract, saving the Association $800/month.
• Reduced HOA Dues - $48.00 annually.
•Continuing Internet Web Page - www.arrowoodhoa.org.• Working with County to ensure community signage is placed at Wilcox Station Road, & Arrowood Drive.
• Working with VDOT and County to reduce automotive speeding throughout community.
• Sponsor community bi-annual garage sales.
• Children’s Easter Egg Hunt
•Community picnic and children’s Halloween parade.
• Meet Santa in the park.
• Publishing quarterly newsletters.