Saturday, March 31, 2012

Annual Homeowners Meeting Overview

In case you missed the Annual Homeowners Meeting, here is a quick overview of the highlights:

  • Only 68 homeowners attended the meeting, which is not a quorum, so no new Board members were elected.
  • There will be a new sign, purchased by the golf course, being installed at the 172nd entrance advertising the course and clubhouse facilities.  Also expect to see a redesigned median across from the clubhouse thanks to the efforts of the Landscape Committee.
  • The lawsuit is proceeding and there will be a probable November court date.
  • The new Gleneagle website will be up and running soon, stay tuned for more information.
  • There will be no increase in association dues this year!
  • Regarding HB1309, the Board is responding to the study that was done with some revisions and will have another study done in the future.  There is some confusion as to what is required by the new law and we are required to have a study done and to disclose what our funding level is, but we are not required to be funded to a certain level.  We are currently funded at 16 percent, but this will change as changes are made to the study.
Again, these are just the highlights.  If you have questions, please comment on this post and someone will be able to answer.

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