In This Edition Rental Reservations Homeowner Information Specials Offers Communication Numbers Resort Manager's Report Mark Zimmerman Resort Manager December 7, 1985, 25 years ago, I started my employment at OVI. First as the Controller, then Operations Manager for the resort and finally as the Resort Manager in 1992. My plan in the 80s never addressed being in the timeshare business, it just happened. I was a CPA with McClintock Accountancy Corp. and OVI was a client. Ultimately, I was hired by the client which happens frequently in the CPA world. Fortunately, I have been surrounded by many good people on the Board of Directors and employees. A couple of philosophies have prevailed throughout the years. Working with David Long, my Assistant Resort Manager, we do whatever it takes to help an employee succeed and not fail. Many of us have worked together Seeing The Bigger Picture: A Trip Worth Taking The trip is an occasion, a brief moment that has the potential to endure a lifetime. Of all the things we are provided there is nothing more precious than time, embracing a broader vision and giving testimony to the tale of "seeing the bigger picture". It is a tale that prevails from its origins of antiquity. There is a story that beautifully illustrates this quality: One day a traveler came across three stone cutters. Each was busy cutting a block of stone. As the traveler asked of their pursuits, each one responded differently. Asking the first stone cutter, "I am cutting stone" was the reply. Still no wiser he turned to the second man who said, "I am cutting this stone to make sure it's square, and its dimensions are uniform." Still unclear, the traveler turned to the third man. When asked what he was doing replied: "I am building a cathedral.” This story often appears as part of management and leadership seminars as a building block for leadership. But we can see its value in our everyday endeavors, seeing a vision and a sense of the bigger picture and an understanding of the whole and not just its parts. "I felt like this was the first day, and this morning was the first time the sun had ever come up, and the shadows that are being cast right now is the first time those shadows have ever been cast on the earth. And I was alone, but I felt I was in the presence of everything around me, and I was never alone.” – Shelton Johnson, From Ken Burn's "The National Parks" Click to continue reading... for 10 to 15 years. Another area is that we answer the phone in person to address any issue as soon as possible and to the best of our abilities. Click to continue reading... _ President’s Report Michael Harper President It appears that winter has arrived early in the Sierra Mountains. After a relatively warm September and an unusually warm October and first week of November; I now see out of my window in Reno nearly ten feet of snow blanketing the mountains! With all the ski resorts now open, there is no better place to enjoy the Sierra's winter sports than OVI! For those of you unable to attend the Annual meeting at the end of September, I would like to highlight some issues that were discussed. First, incumbent board members Joseph Cusick, Brad Hartman, Sr. and Alan Traenkner were reelected to two-year terms. They were the only homeowners who ran for the Board. If you are ever interested in running for the Board of Directors, please do not hesitate to contact me through our Resort Manager, Mark Zimmerman. Click to continue reading... Reservations In the Know It's beginning to feel a lot like Christmas!!! Already the mountains have received nearly ten feet of snow and I have gone from ice tea to hot cocoa. As I look out my window at the snow frozen to the fall-colored leafs that remain I contemplate a busy winter season. The mountains are inviting the Christmas spirit and I am sure snow men are anxiously awaiting the children. With so many fun things to do in the winter like skiing, ice skating, snowshoeing or just sitting around a fire and reading a good book, having the perfect place to go is half the battle. Guess what? You do! Click to continue reading... New Beginnings – Greg R Rankin, Resort Realty Services, Inc. Here we find ourselves at the end of another year. Sometimes endings are good, sometimes not. Sometimes endings are sad, sometimes happy. Endings also represent a time of new beginnings. While this past year has been challenging for many people, here in Squaw Valley and the North Tahoe/Truckee area, this year has also brought changes that appear to offer exciting new beginnings. As for new beginnings we have many. We are starting this winter's ski season, before Thanksgiving, with nearly ten feet of cold, mid-winter like, powder snow. Truly, the best start to a Sierra ski season in over 30 years! Click to continue reading... Timeshare Resale Scam Alert Be aware, if you are working with a company to resell your ownership. This includes paying a third party company to “take over your ownership”. In This Edition • Resort Manager’s Report • Seeing the Bigger Picture • President’s Report • Reservations In the Know • New Beginnings • Timeshare Resale Scam Alert • Communication Numbers • Calendar of Events • Board of Directors Meeting • Homeowner Dues Comparison • Squaw Valley USA (pdf) Many of these companies are conducting scams and never actually transfer the ownership. This results in the ownership still being in your name and you still being liable for the annual dues. Be sure to research any of these companies very thoroughly. Connect with OVI! Return to top Resort Manager's Report (continued) Throughout the years I've come to recognize the constants that make the timesharing world so desirable. You consistently enjoy beautiful resorts and great accommodations when you travel. Ownership "forces" you to vacation regularly which otherwise tends to slip away, year after year. Also, your options for travel are extensive and present destinations you may have otherwise never considered. I hope you and your family have acquired many happy memories with OVI over the past quarter century! Sincerely, Mark Zimmerman, Resort Manager Return to top Return to main page President's Report (continued) In the President's report I reviewed our dues over the last five years and a dues comparison with other Northern California resorts (Homeowner Dues Comparison); we compare very favorably. Also reviewed were reserve expenditures that have been recently completed: kitchen improvements, boiler replacement, new mattresses, spas and other repairs. For the next couple of years the board has elected to concentrate on infrastructure improvements (roofs, gutters and heaters in the rooms). Granite in the kitchen and flat screen TVs will be deferred. I also noted that as a resort that employs in-house management and not an outside corporation, we are in a much better position to be more responsive to our Owners and guests. My report concluded with a ceremony honoring retiring Max Stevens for his exceptional service to OVI ñ job well done! Mark reviewed the Audited Financial Statements which reported that OVI operated a $38,000 improvement to budget. We have a $129,000 operating fund surplus and $542,000 in our reserve fund. On our website we have posted questions and answers that were addressed at the meeting. A footnote to the Annual Meeting is that next year the meeting will, again, be held on the last Saturday in September. The following year (2012) and forward we will schedule the Annual Meeting on the first Saturday in October to avoid various event conflicts in the area. We're providing this notice now so that if you intend to reserve time for the 2012 meeting, you will have adequate time to make those reservations. One other note, commencing in 2011, you will be able to make lunch reservations for the Annual Meeting through an e-mail to the resort. My wife and I wish you and your family the best over the holidays. Sincerely, Michael Harper, President Return to top Return to main page Seeing The Bigger Picture: A Trip Worth Taking (continued) For the Tahoe region of the central Sierra Nevada, climate and weather prediction authorities have issued a La Nina advisory well into spring of 2011. The long range forecast for December through March is calling for above normal precipitation in the Pacific Northwest and below average for Southern California, with the Central Sierra somewhere in the middle. According to renowned Tahoe historian, author and lecturer Mark McLaughlin: “The Dr. Jekyll and Mr. Hyde characteristics of La Nina will keep long range forecasters guessing as we move well into the winter months. If storm activity gets going in December, it might well bode for a strong winter season.” The winter season of 2010-2011 will once again be full of goings-on to fulfill your mountain adventure. Notable changes at Squaw Valley U.S.A. include: Improvements to snowmaking, a renovated Squaw Kids Children's Center, base and mid-mountain facility enhancements, new Village shops, and additional state-of-the-art slope grooming machines. Special events will include two weeks of holiday celebrations, ski the mountain opportunities with Olympic Gold Medalist Jonny Moseley, and the Snowfest winter carnival. As spring emerges we will be looking forward to the 2011 Amgen Tour of California professional cycling event set to start in Lake Tahoe beginning May 15th. The second stage is projected to begin from Squaw Valley. When it comes to activities and the guest experience, the best place to be is the Olympic Village Inn. Let our experienced staff help you enjoy Tahoe's many opportunities and magical moments. Guided ski and snowshoe outings are a traditional guest favorite. In addition, enjoy a wide range of social and creative activities to enhance an unforgettable stay. “A photograph is usually looked at ñ seldom looked into.” – Ansel Adams “For many people in the world, the landscape before us would be foreboding. For us, it had been a gradual ascent from the unknown into the familiarÖ we no longer saw strange human alterings of the scene, but rather the workings of nature common to all the world's alpine areas: glaciers, rivers,... clouds, granite, blue sky, raindrops, wildlife, and friends who share our passions. We were home again.” – Galen Rowell It is a trip worth taking. Have a vision and a sense of the bigger picture, and an understanding that a conviction will endure, whether in the stone of a cathedral, or in the impact made on others. I look forward to your return... Lee B. Rump, Director of Recreation Return to top Return to main page Reservations In the Know (continued) As an Owner here at Olympic Village Inn you are guaranteed time here over the general public. Whether it's your timeshare week, Bonus Time or just renting a few days to come and ski ñ"Your Resort" awaits you. In this changing economy it seems like people are staying closer to home and taking more "mini vacations"! Olympic Village Inn has become a desired destination and for many reasons. We have a little piece of paradise right here in beautiful Squaw Valley and Lake Tahoe. Here is a brief overview of your Ownership Benefits here at Olympic Village Inn. Timeshare Weeks To receive the best choice of weeks for whatever season you own you can call to reserve your timeshare week as follows: • 3 Week Owner or more – 1 year, 340 days in advance • 2 Week Owner – 1 year, 320 days in advance • 1 Week Owner – 1 year, 300 days in advance • Split Week – 1 year, 200 days in advance Bonus Time To put yourself on a waitlist for Bonus Time you can call 17 days in advance. (Please know what dates you want before you call as the phones get very busy.) You can request two days at a time and any additional days you will be able to call 48 hrs in advance of the additional day requested. Bonus Time is not guaranteed. Rentals You may call for a rental at any time and guarantee your stay at 25% off the rack rate (nonholiday). You just need a credit card to hold the confirmed dates. (Cancel policy varies with time booked.) Reservations has been asked many questions this last year about time available. Let me provide some insight on where inventory comes from. For Bonus Time the availability comes from guests who check out early or guests who do not show up for their week. Rentals come from Owners who will not be using their week and put it up for rent making space here at Olympic Village Inn available to the public. Rental rooms are not used for Bonus Time availability. I hope this helps to understand the "why" if the time you are looking for isn't available. We have also been asked about the various activities we have available. Noelle, our Recreation Coordinator, has been utilizing "Facebook" on our website homepage (olympicvillageinn.com) to list current events. Check it out. She does an awesome job! Finally we have been asked many questions about what to do with your week if you cannot use it. Here you have many options. You can Spacebank your week using RCI or other exchange company, allow family or friends to use your week, gift your week to a charity, use the rental program or split your week for two short stays. Please feel free to stop by reservations and introduce yourself. We have many new Owners and we know you have questions. Our office hours are M-F 8am-4pm. Remember, Olympic Village Inn is "your home away from home" so come and enjoy!!! Happy Holidays! Sherrie Long, Reservations Manager Return to top Return to main page Reservations In the Know (continued) As an Owner here at Olympic Village Inn you are guaranteed time here over the general public. Whether it's your timeshare week, Bonus Time or just renting a few days to come and ski ñ"Your Resort" awaits you. In this changing economy it seems like people are staying closer to home and taking more "mini vacations"! Olympic Village Inn has become a desired destination and for many reasons. We have a little piece of paradise right here in beautiful Squaw Valley and Lake Tahoe. Here is a brief overview of your Ownership Benefits here at Olympic Village Inn. Timeshare Weeks To receive the best choice of weeks for whatever season you own you can call to reserve your timeshare week as follows: • 3 Week Owner or more – 1 year, 340 days in advance • 2 Week Owner – 1 year, 320 days in advance • 1 Week Owner – 1 year, 300 days in advance • Split Week – 1 year, 200 days in advance Bonus Time To put yourself on a waitlist for Bonus Time you can call 17 days in advance. (Please know what dates you want before you call as the phones get very busy.) You can request two days at a time and any additional days you will be able to call 48 hrs in advance of the additional day requested. Bonus Time is not guaranteed. Rentals You may call for a rental at any time and guarantee your stay at 25% off the rack rate (nonholiday). You just need a credit card to hold the confirmed dates. (Cancel policy varies with time booked.) Reservations has been asked many questions this last year about time available. Let me provide some insight on where inventory comes from. For Bonus Time the availability comes from guests who check out early or guests who do not show up for their week. Rentals come from Owners who will not be using their week and put it up for rent making space here at Olympic Village Inn available to the public. Rental rooms are not used for Bonus Time availability. I hope this helps to understand the "why" if the time you are looking for isn't available. We have also been asked about the various activities we have available. Noelle, our Recreation Coordinator, has been utilizing "Facebook" on our website homepage (olympicvillageinn.com) to list current events. Check it out. She does an awesome job! Finally we have been asked many questions about what to do with your week if you cannot use it. Here you have many options. You can Spacebank your week using RCI or other exchange company, allow family or friends to use your week, gift your week to a charity, use the rental program or split your week for two short stays. Please feel free to stop by reservations and introduce yourself. We have many new Owners and we know you have questions. Our office hours are M-F 8am-4pm. Remember, Olympic Village Inn is "your home away from home" so come and enjoy!!! Happy Holidays! Sherrie Long, Reservations Manager Return to top Return to main page New Beginnings(continued) Squaw Valley Ski Corporation recently announced the sale of the resort to KSL Resorts, a Denver based investment group specializing in ski area destinations. KSL immediately announced their plans to invest up to $50 million in Squaw Valley over the next few years. Nancy Cushing, Alex Cushing's wife, has stepped down as CEO of Squaw Valley USA and the new CEO is Andrew (Andy) D. Wirth. Andy formerly was with Intrawest as the Senior Vice President of Marketing and Sales at Steamboat Ski & Resort Corporation in Colorado. Squaw Valley USA has remodeled the interior of the Olympic Village Lodge (formerly the Grand Lodge), removed the old abandoned swimming pool and rebuilt the outside deck. They have also remodeled the Squaw Kids Center, Bar One in the Olympic house and the ground floor of the Gold Coast Lodge. Squaw Valley USA is improving the mountain experience for kids of all ages by transforming the Belmont Park into a kids terrain park complete with a snow fort, kid-friendly jumps, bumps and whoopty-doose and they are expanding their night skiing with improved lighting in the Riviera terrain park and half pipe. In the Real Estate market we also have very encouraging changes. In Squaw Valley and the North Tahoe/Truckee area our market has started to rebound. Our sales are 30% ahead of last year! This is due to two factors; interest rates at an all time low, and this past year saw an additional 14% reduction in the median prices of both single family homes and condominiums. While this is not good news for sellers, it is great news for buyers, and they are acting on it. Distressed properties, REOs (bank owned properties) and Short Sales, account for 31% of this year's sales. However sales of non distressed properties are also very strong. It is definitely a buyer's market. This is also true at the Olympic Village Inn. Our sales prices are the lowest they have ever been, even lower than pre-sale prices in 1982! Our sales activity is also very high as many Owners are taking advantage of these historically low prices. Plus, we are seeing a significant increase in Owners' friends and family members benefiting from current prices. After 22 years here at OVI, I consider myself fortunate to be associated with such a beautiful, well maintained resort. Please accept my best wishes for a year filled with new beginnings. Return to top Return to main page Communication Numbers Physical Address 1909 Chamonix Place, Olympic Valley, CA 96146 Mailing Address P.O. Box 2395, Olympic Valley, CA 96146 Important Phone Numbers Main Phone 530-581-6000 Reservations Phone 800-VILLAGE Main Fax 530-583-3135 Reservations Fax 530-583-4165 Website www.olympicvillageinn.com Email Addresses Reservations – reservations@olympicvillageinn.com Resort Manager – Mark Zimmerman: mark@olympicvillageinn.com Accounting Manager – Konny Garrett: konny@olympicvillageinn.com All Other Departments – admin@olympicvillageinn.com Return to top Return to main page Calendar Of Events December 18, 2010 Squaw Valley USA & Tubbs Present: Guided Moonlight Snowshoe Tours Come on out and explore Squaw during the spectacular winter moon. Join our experienced guides as you snowshoe to great moonlit views of Lake Tahoe and the surrounding mountain peaks. Fun for all ages. www.squaw.com December 18, 2010 19th Annual Snow Gods Ball A night of live music and dancing featuring the smooth sounds of Truckee Tribe. Located in the newly remodeled Bar One, doors open at 8pm and music starts at 9pm. www.squaw.com December 19, 2010 - January 2, 2011 Holidays at Squaw Celebrate the Holidays at Squaw! Find Santa around the mountain and in the Village, enjoy the magical sight of the Holiday torchlight parade on Dec. 24, or ski with our Chief Mountain Host and Olympic Gold Medalist Jonny Moseley Dec. 22-30. www.squaw.com December 23, 2010 Holiday Wine Tasting Enjoy great wine and great company while supporting Squaw Valley Institute at Uncorked in the Village. Tasting is only $10 and 50% of the proceeds will benefit the Institute. A fun raffle with great prizes will add to the excitement. 5-7pm. www.squawvalleyinstitute.org December 31, 2010 Family New Year's Eve Party at High Camp This all-ages soiree begins at 6pm and includes a starry-night Cable Car ride, spectacular surf and turf buffet dinner and music and dancing for the young and old alike. www.squaw.com To learn more about these and other local events, check out these sites.... 5quaw Valley USA Upcoming Events – www.squaw.com North Lake Tahoe Event Calendar – www.gotahoenorth.com Tahoe City Calendar of Events – www.visittahoecity.com Tahoe Snowfest – www.tahoesnowfestival.com Lake Tahoe Events Calendar – www.tahoeactivities.com Virtual Tahoe Event Calendar – www.virtualtahoe.com Area Ski Resorts – www.olympicvillageinn.com Weather/Road Conditions – www.olympicvillageinn.com Return to top Return to main page Board of Directors Meeting Minutes for July 17, 2010 A regular meeting of the Village Inn Owners' Association (VIOA) Board of Directors was held July 17, 2010 at the Olympic Village Inn at 9am. Directors Harper, Hartman, Spiller, Traenkner and Weekes were present. Action Items • Minutes of the March 27, 2010 Board Meeting were approved unanimously. • Quarterly financial reports were approved unanimously. • Konny Garrett as Proxy Holder and Eileen Mangalin as Inspector of Elections of the Annual Meeting were approved unanimously. • No RCI dues billing with OVI dues was approved unanimously. Other Items Discussed • Homeowner Association laws • Spa Heating • OVI owned weeks Annual Meeting Minutes for September 25, 2010 The Annual Meeting of the Village Inn Owners' Association (VIOA) was held September 25, 2010 at the Village at Squaw Valley at 10:12am. Directors Harper, Hartman, Hooper, Spiller, Traenkner and Weekes were present. Action Items •The vote for the Board of Directors went as follows: Cusick ñ 1,185 Hartman - 1,181 Traenkner ñ 1,172 which all were elected for two year terms. Other Items Discussed • Audited financial statements • Dues comparisons • Homeowner questions and answers • Reserve expenses Board of Directors Meeting Minutes for September 25, 2010 A regular meeting of the Village Inn Owners Association (VIOA) Board of Directors was held on September 25, 2010 at the Olympic Village Inn at 1:10pm. Directors Harper, Hartman, Hooper, Spiller, Traenkner and Weekes were present. Action Items • Minutes of the July 17, 2010 Board Meeting were approved unanimously except Hartman and Hooper abstained. • Elected Officers: Harper (President), Traenkner (Vice-President), Weekes (Treasurer), Garrett (Secretary) were approved unanimously. • Board Meeting dates and locations were approved unanimously. • Quarterly Financial reports were approved unanimously. • Annual Meeting date for 2012 ñ lst Saturday in October was approved unanimously. Other Items Discussed • New homeowner Association laws • Spa Heating • Room refurbishment future plan • Special Board Meeting plan • Ethics policies for Board Members These summaries are intended for informational purposes only. The formal minutes are available upon written request. Return to top Return to main page Northern California • 1 Bedroom Units San Francisco Suites – $955 Powell Place – $850 Tahoe Seasons – $755 Red Wolf Lakeside Lodge – $740 Red Wolf Lodge at Squaw Valley – $709 The Lodge at Lake Tahoe – $704 Riverpointe Napa Valley – $624 Olympic Village Inn – $614 Tahoe Beach & Ski – $547 Olympic Village Inn • Dues 6/1/05 6/1/06 6/1/07 6/1/08 6/1/09 6/1/10 Dues $534 $550 $565 $581 $597 $614 $ Increase % Increase $16 $15 $16 $16 $17 2.99% 2.72% 2.83% 2.75% 2.85% Return to top Return to main page E-mails Help us save money! If you have received this newsletter by regular mail it may be because we don't have an accurate email address for you. Please email us with your name and address: admin@olympicvillageinn.com Return to main page Communications Physical Address 1909 Chamonix Place, Olympic Valley, CA 96146 Mailing Address P.O. Box 2395, Olympic Valley, CA 96146 Important Phone Numbers Main Phone 530-581-6000 Reservations Phone 800-VILLAGE Main Fax 530-583-3135 Reservations Fax 530-583-4165 Website www.olympicvillageinn.com Email Addresses Reservations – reservations@olympicvillageinn.com Resort Manager – Mark Zimmerman: mark@olympicvillageinn.com Accounting Manager – Konny Garrett: konny@olympicvillageinn.com All Other Departments – admin@olympicvillageinn.com Return to top Return to main page Calendar Of Events December 17, 2011 20th Annual Snow Gods Ball Come out to the 20th Annual Snow Gods Ball for a night of live music and dancing! www.squaw.com December 17, 2011 – January 2, 2012 Holidays at Squaw Celebrate the holidays this season at Squaw! Find Santa around the mountain and in the Village to get your wish list in on time. Also enjoy the ever-popular and magical sight of the holiday torchlight parade. Kids can also feel the good tidings and holiday cheer when Squaw decorates the mountain with mini stockings filled with all sorts of little presents. Listen to joyful sounds of Christmas carolers to spread good tidings under the festive lights at The Village at Squaw Valley. December 31, 2011 Family New Year's Eve Party Celebrate New Year's Eve at High Camp. This all-ages soiree begins at 6pm and includes a starrynight Cable Car ride, spectacular buffet dinner and music and dancing for the young and old alike. We'll bring in the new season with a 9pm East Coast New Year's champagne toast. Finally, we will get you back down to the Village to view the 9:30pm New Year's Eve Fireworks display. www.squaw.com February 18-25, 2012 Kid-O-Rama! Big trucks, street parties, balloon animals, skating parties and kids' concerts are just a few of the festivities for kids and families taking place during Squaw Valley's Kid-O-Rama. From activities sure to entertain Squaw Valley's smallest visitors to the action-packed Squaw Sessions Teen Camp, Kid-O-Rama offers non-stop fun for kids of all ages. Be sure to check out the two Big Truck Nights in the Village and multiple appearances of renowned children's performer Todd Wees and his band. www.squaw.com March 2-11, 2012 SnowFest! Every spring since 1982, North Lake Tahoe comes alive with ten fun-filled days and nights, jam packed with events and activities for all ages. This year, the annual favorites will be back, along with a host of great new ones! On and off the mountain, at North Tahoe's numerous resorts and vibrant lakeside neighborhoods, there's something for everyone. Enjoy on-snow events at resorts like Squaw Valley USA, Alpine Meadows, Homewood, Diamond Peak, and Northstar-at-Tahoe; Participate in special events, parades, races, parties, concerts, theater; and of course, there's plenty of wining and dining to be had at North Lake Tahoe's fine restaurants and lively establishments. www.tahoesnowfestival.com To learn more about these and other local events, check out these sites.... 5quaw Valley USA Upcoming Events – www.squaw.com North Lake Tahoe Event Calendar – www.gotahoenorth.com Tahoe Snowfest – www.tahoesnowfestival.com Lake Tahoe Events Calendar – www.tahoeactivities.com Virtual Tahoe Event Calendar – www.virtualtahoe.com Area Ski Resorts – www.olympicvillageinn.com Weather/Road Conditions – www.olympicvillageinn.com Return to top Return to main page Board of Directors Meeting Minutes for July 16, 2011 A regular meeting of the Village Inn Owners' Association (VIOA) Board of Directors was held July 16, 2011 at the Olympic Village Inn at 9:00am. Directors Harper, Hartman, Hooper, Spiller, Traenkner and Weekes were present. Action Items • Minutes of the March 19, 2011 and April 9, 2011 Board Meeting were approved unanimously • Interval International contract on points was approved unanimously • Quarterly financial reports were approved unanimously • Annual Meeting schedule was approved unanimously • Konny Garrett as Proxy Holder and Eileen Mangalin as Inspector of Elections were approved unanimously • Code of Ethical Conduct and Board Procedures for VIOA Board of Directors were approved unanimously Other Items Discussed • ADA report • 3 letters from owners on winter pool closure • Room refurbishment • Vision/Mission statement Annual Meeting Minutes for September 24, 2011 The Annual Meeting of the Village Inn Owners' Association (VIOA) was held September 24, 2011 at the Olympic Village Lodge at 10:10am. Directors Cusick, Hartman, Hooper, Spiller, Traenkner and Weekes were present.. Action Items • The vote for 4 Board Members for a two-year term: Hooper 801, Harper 769, Weekes 728, Spiller 632, Bing 470, Arrivee 303 Other Items Discussed • Audited financial statements • Dues comparisons • Squaws $50 million improvement plan • Homeowner questions and answers Board of Directors Meeting Minutes for September 24, 2011 A regular meeting of the Village Inn Owners' Association (VIOA) Board of Directors was held September 24, 2011 at the Olympic Village Inn at 1:34pm. Directors Cusick, Hartman, Hooper, Spiller, Traenkner and Weekes were present. Action Items • Minutes of the July 16, 2011 Board Meeting were approved unanimously • Elected officers: Harper (President), Traenkner (Vice-President), Hartman (Treasurer), Garrett (Secretary) • Board meeting dates and locations were approved unanimously • Board committees were approved unanimously • Quarterly financial reports were approved unanimously • Model room was approved unanimously Other Items Discussed • ADA • Vision statement These summaries are intended for informational purposes only. The formal minutes are available upon written request. Return to top Return to main page Northern California • 1 Bedroom Units Suites at Fisherman's Wharf – $1052 Inn At The Opera – $964 Powell Place – $850 Red Wolf Lodge – Squaw Valley – $816 Tahoe Seasons – $784 Red Wolf Lakeside Lodge – $759 RiverPointe – Napa Valley – $733 Olympic Village Inn – $642 Olympic Village Inn • Dues 6/1/05 6/1/06 6/1/07 6/1/08 6/1/09 6/1/10 6/1/11 Dues $534 $550 $565 $581 $597 $614 $642 $ Increase % Increase $16 $15 $16 $16 $17 $28 2.99% 2.72% 2.83% 2.75% 2.85% 4.56% Return to top Return to main page