Woodbury Park Association Homeowner’s Annual Meeting

Held Virtually December 7, 2022

 

The Annual Meeting called to order at 7:33 pm with 11 households represented. This constituted required quorum for any required actions through majority vote at 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 officers of the board were introduced: Jim Giordano as President, Larry Klemczak, Vice President, and new Treasurer Rick Niesyto (who replaced Russ Flynn earlier this year).  The board recognized the many years of Russ Flynn’s service as Treasurer since the inception of the Woodbury Park HOA.  We are all deeply grateful for Russ’ dedication and efforts for over 25 years!  

 

The 2022 accomplishments were highlighted included: recognition that annual dues have remained unchanged at $250 / year since the establishment of the HOA, replacement of shrubbery at the north entrance, on-going mailbox and lighting maintenance, sprinkler repair including replacement of the control system, lawn services, and other contracts as required.

 

Additionally, this fall, the HOA has employed the services of an outside accounting firm to handle collection of dues, bill payment and annual financial audits per the requirements of the deed restrictions.   We have also changed banking institutions with a move Chase Bank.

 

In conjunction with the foregoing, the Woodbury Park HOA has a new PO Box for all correspondence including due payments.  The new PO Box is:

 

Woodbury Park Association

PO Box 183782

Shelby Twp MI 48318

 

The minutes of the November 30, 2021 Annual Meeting were reviewed and unanimously accepted.

 

Rick Niesyto presented and reviewed the Financial Reports with the highlights shown below.

 

Financial Report –.

o   2022 Profit & Loss Statement as of November 30,2022

§  $28,800 membership dues were recorded.

§  There are no delinquent households for dues collection

§  Actual expenses totaled $27,449  

 

o   Balance Sheet as of November 30, 2022:

 

o   The detailed 2023 Budget which included expenses of $28,800 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, including the 2023 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 the appointment of an attorney who sent a cease and desist letter to the homeowner. Subsequently the home was removed from the Air B&B site, finally resulting in the owner selling the property to a new single-family owner.  

 

Notices for dues payment will be sent at the end of January with a payment date of February 28, 2023.

 

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.  

 

There being no further business to discuss, the Annual Meeting was adjourned at 8:10 pm.

 

                    Board of Directors