Woodbury Park Association Homeowner’s Annual Meeting

Held November 05, 2018

 

General Comments/Discussions

 

The Annual Meeting was called to order at 7:31 pm. 

 

We would like to thank all the households that attended the meeting at the Livonia Public Library. There were 15 homes represented at the meeting.

 

The first order of business was the unanimous acceptance of the minutes from the previous Annual Meeting held November 06, 2017.

 

The meeting opened with a discussion of some of actions that were taken during the year. A safety concern was brought to the board’s attention after multiple incidents of cars skidding up on the boulevard and beyond on the turn from Kingsbury to Heatherlea Dr. The board took the matter to the City of Livonia’s traffic division where the city concluded a sign would be placed slowing traffic to 15 mph prior to the turn. In addition, the board authorized and contracted for that corner to be salted during winter snows.

 

The web site content was updated for last years subdivision meeting material – thanks to Al D.

 

The sprinkler system was substantially overhauled with new sprinkler heads and several portions of the line replaced.

 

The trees that extend on the sidewalk along Newburg were trimmed.

 

The board members pursued and collected $1,265.00 for the damage that was done to the mailboxes last year.

 

The board acted on one complaint of non-compliance with the deed restrictions.

 

During the calendar year, there were multiple approvals of requests to the architectural committee for home improvements. If you are in doubt whether you need approval for a project to change the appearance of your home, please consult the deed restrictions or phone one of the board members.

 

There was some discussion relative to changing the by-laws and the deed restrictions. The following is required to change the by-laws:

 

Section 9    Amendment of the Bylaws

 

 

 

The following is required to change the Deed Restrictions:

Section 3. Amendment of Deed Restrictions

The covenants and restrictions of this Declaration shall run with and bind the land for a term of twenty (20) years from the date this Declaration is recorded, after which time they shall be automatically extended for successive periods of ten (10) years. This Declaration may be amended during the first twenty (20) year period by a recorded instrument signed by not less than seventy (70%) percent of the Owners (as defined in this paragraph "Owners" shall mean only those individuals or entities who own fee simple title to a lot) and thereafter by an instrument signed by not less than sixty (60%) percent of the Owners.

There was a question brought up as to what it would take to change the dues. As the dues are established as part of the Deed Restrictions, it would require 60% of the households to vote for a change. The board does not recommend a change to the dues structure. However, if a home owner wanted to champion that cause, 69 homes would have to agree in writing to do so. If a homeowner felt compelled to champion a change in either the By Laws or Deed Restrictions the above is required. The full By Laws and Deed Restrictions are listed on the web site.   

 

Russ reviewed the financial statements which included individual expense items. The 2019 Budget was reviewed and accepted.

 

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

 

Financial Report –.

·         Profit & Loss Statement

o         $28,059 membership dues were recorded. There are three delinquent households.  Actual and forecast expenses totaled $28,000.

 

Balance Sheet as of November 03, 2018:

o        $25,878 in checking account

o        $30,122 in savings

 

·         2019 Budget that included expenses of $28,000 was unanimously approved.

   

                 Dues remain at $250.00.

 

As a reminder, notices for dues payment will be sent at the end of January with a payment due date of February 28, 2019. Thanks in advance for your prompt attention to annual dues.

 

 

 

There being no further business to discuss, the Annual Meeting was adjourned at 8:35 pm.

 

                        Board of Directors