Woodbury
Park Association Homeowner’s Annual Meeting
Held Virtually
November 30, 2021
The Annual Meeting
called to order at 7:30 pm with 17 households represented. This constituted
more than the required quorum for the Annual Meeting. The meeting was held
using Microsoft Teams with Jim Giordano as the organizer.
Giordano
welcomed everyone to the second virtual Woodbury Park Annual Meeting. The board
members were introduced that included Larry Klemczak,
Vice President, Russ Flynn as Secretary/ Treasurer, and Jim Giordano as
President. The 2021 accomplishments were
highlighted some of which included: final completion of the sidewalk project, replacement
of trees and shrubbery on the islands, mailbox maintenance, lighting
maintenance, sprinkler repair, lawn services, and other contracts as required.
The minutes
of December 02 2020 Annual Meeting were reviewed and unanimously accepted.
Russ Flynn
presented and reviewed the Financial Reports with the highlights shown below.
Financial Report –.
o
2021 Profit & Loss Statement
§
$28,800
membership dues were recorded.
§
There
is one delinquent household – collection efforts continue
§
Actual
and forecast expenses totaled $38,102 which included a nonrecurring sidewalk replacement
cost of $8,544.
o
Balance
Sheet as of November 30, 2021:
o
The
detailed 2022 Budget which included expenses of $28,000 was presented and
discussed.
o
Dues
remain at $250.00 per year.
After the
financial reports were reviewed and discussed, there was unanimous consent to
approve the financial statements. This included the 2022 Annual Budget.
General Comments/Discussions
There was an
update of the Air B&B issue. In June of 2021 it was discovered that one of
the homes on Seabrook Dr was operating as an Air
B&B rental in violation of the Woodbury Park deed restrictions and by-laws.
The board authorized hiring an attorney to send a cease and desist
letter to the homeowner. Subsequently the home was removed from the Air B&B
site; however, the renters continue to occupy the home. After considerable
discussion, a motion was made and unanimously approved to add $5,000 to the
2022 Budget of $28,000 (for a total 2022 spend of $33,000) for pursuing
additional legal remedies to resolve this issue.
Notices for
dues payment will be sent at the end of January with a payment date of February
28, 2022.
The use of the
virtual meeting format was again well received and has resulted in a larger
turnout. It was recommended that this format be continued.
Finally, an
award was presented to Russ Flynn for his exceptional contribution to Woodbury
Park Subdivision. The award was presented by Wayne County Commissioner Terry Marecki. It was unanimous that this award was well deserved
– thanks again Russ.
There being
no further business to discuss, the Annual Meeting was adjourned at 8:32 pm.
Board of Directors