Minutes of
Rainbow Lakes West 3rd HOA Board Meeting
January 20, 2020
Michael Ball, President Mary Hill, Secretary
Jeff Hoetmer, Zone 5 Agnes Johnson, Zone 1
Brad Sweet, Treasurer Ken Hughes, Zone 2
Ashley Derret, HOA Mgmt
The meeting was called to order at 7:00 p.m.
The minutes of the November, 2019 meeting were approved as printed.
The President’s report was deferred to Old Business.
Brad Sweet reported a Balance on hand (all assets) of: $28,812.78.
There are 11 homeowners with unpaid assessments, two of which owe $320.00.
It was agreed that we would write-off the $1.25 late fee on 4 homeowner accounts.
It was also agreed that we will close out the Intrust Bank checking account and move the remaining funds in our Intrust Bank money market savings account, to earn more interest.
I was agreed that we will reach out to our two members with $320 outstanding dues in an effort to collect these funds.
It had previously been reported that two of the Areators may have problems (excessive noise). ESI (Dave Dauffenbach) recommended that we replace these two areators for a total cost of approximately $2000. It was moved, seconded and unanimously approved to replace the two areators. We will then have three (3) new areators working on Reserve A.
Compliance letters will go out tomorrow to all homeowners who are in violation of the covenants regarding trailers, vendor signs and trash cans .
It was reported that there is Beaver activity on Reserve A. Following a lengthy discussion, Ashley was directed to prepare an email for distribution to the members regarding this beaver activity on Reserve A. Mike will provide additional information to be included in the e-mail.
The next meeting will be February 17, 2020 at 7 p.m. at 142 S. Forestview St.
Meeting adjourned at 8:26 p.m.
Mary Hill, Secretary