Woodbury Park Association Homeowner's

Annual Meeting

Held October 29, 2015

The Annual Meeting called to order at 7:35 pm.

The minutes of November 19, 2014 Annual Meeting were accepted.

A review of the Financial Reports occurred with the highlights shown below.

Financial Report -.

· Profit & Loss Statement

o $28,250 membership dues were recorded. There is one delinquent

household. Actual and forecast expenses totaled $35,514.

Balance Sheet as of October 27, 2015:

o $14,197 in checking account

o $35,104 in savings

· 2016 Budget that included expenses of $31,527 was unanimously approved.

Dues remain at $250.00.

General Comments/Discussions

Jim covered fence replacement and improved lighting for the main entrance as part of the 2015 budget.

Discussions were held regarding watering frequency, entrances maintenance, and fence replacement.

Notices for dues payment will be sent at the end of January with a payment date of February 29, 2016.

We recognized and thank Alan D. and Terri S. for their volunteer assistance.

There being no further business to discuss, the Annual Meeting was adjourned at 8:20 pm.

Board of Directors:

Jim Giordano, President

Hendrik Zenicki, Vice President
Russ Flynn, Treasurer