07-14-2014 Minutes OBM - Bridges of Rivermist HOA

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Bridges of Rivermist Homeowners’ Association
Open Board Meeting-Monday, July 14, 2014
At Evangelical Free Church of Sycamore/DeKalb
Minutes
Open Board Meeting –7 pm
Evangelical Free Church of Sycamore/DeKalb
7:00p.m.
I.
Call to Order
II.
Roll Call: Brian Borgardt, Alexandra Dailey, Scot Spier, Dan Steimel and Dan Pavelich.
Approval of April 7, 2014- Open Board Meeting Minutes
Brian motioned to approve minutes, Scott seconded. All were in favor or approving minutes.
Approval of Financials ending May 31, 2014
Brian motioned to approve financial report, Scott seconded. All were in favor of approving report.
III.
New Business/Committee Reports
ArchitecturalLot #273- 505 Quinlan requested approval for a fence. Plans reviewed. Dan Steimel motioned we approve
the plans as submitted for the construction of a fence. Alex seconded. All approved.
Bids for painting the BRM signs and rails at the entrances were reviewed. The bid from Wallace in the
amount of $1400 was chosen. Scott motioned we accept this bid, Alex seconded. All were in favor of bid
to accept Wallace’s proposal.
Budget and Finance- HOA reserve account is $20,350.59.
Communications- Re: Newsletter
Summer issue should be in your homes early next week... Anyone with pictures of July 4th parade are
encouraged to send to Alexandra. Fall recipes and nature stories welcome. If you know someone who has
won an award or has participated in a special program send your story or call with information.
Electrical/Mechanical
Electric Panel replaced and insurance claim submitted. The cost was $2200 and we are waiting for
reimbursement from insurance company. The deductible was $500.
An insurance claim has also been submitted for the storm damage to the pump installed in 2013. This
pump was purchased with the funds from the special assessment in the amount of $23000. At this time it is
working but there is no idea as to how long it will function.
Holiday Decorations- NO REPORT
LandscapingScot reported that all landscaping is good.
Legal-There is no update on Rivermist Unit 5, LLC collections at this time. Those that are able
will be present at the August 20, 2014 hearing.
Rills and Ponds
Dan reported that he is working on resolving leak /standing water in phase one lots. Steve from Basic has
pressure tested the pipe in question and it has been determined that is not the source of the leak. There is
standing water in lot 6. It will take some time but Dan is testing the area lot by lot. He has also sent a letter
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to those affected by this issue to keep them informed of the progress. It is possible that the leak may be
from water that makes its way under the liner. Dan will keep everyone informed of his progress.
Social- Alexandra Dailey- July 4th parade was a success. 25 children participated in the parade
.We extend a thank you to the City of DeKalb for providing us with an officer to lead the parade. After the
parade all children enjoyed ice treats at Tygert Bridge while the winners were selected by ballot. All
winners received a beach bucket filled with summer fun and a Target gift certificate. (First prize -$20,
Second prize=-$15, and Third prize- $10.) First prize was awarded to Brooklyn, Second prize to Yanna
and Third prize to Ella. All prizes and ice cream treats were made possible through a generous donation
from Fred Radloff. Donations were accepted at the event to go toward next year’s parade. Alexandra
asked that anyone who may have taken pictures to contact her so they could be included in fall newsletter.
IV. Open Forum:
Questions/comments brought to the floor and miscellaneous information:
An aerator and bubbler are not working in pond 9. (Large pond at Bethany and the Tygert Bridge)
Pond 10 (little pond by bridge at Bethany and Tygert) is messy and muddy. We are investigating; gravel
may need to be added to shoreline.
Question: If RM Unit 5, LLC forecloses how does that bring any funds to the HOA?
Answer: The new owner would be responsible for 6 months of past due assessments and all assessments
due going forward.
FYI: There were 14 residents including board members in attendance at this Open Meeting
The Next Open Board Meeting will be on Monday, October 6, 2014 at 7 pm.
V.
Meeting Adjourned: Scott moved we adjourn the meeting, Brian seconded. All yes. The meeting
was adjourned at 8:15 pm.
Submitted by: Alexandra Dailey
Bridges of Rivermist, HOA Secretary
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