North Bridge Homeowners Association Meeting Thursday, November 7, 2013 Agenda • Welcome • Meet the NBHOA Board • Guest – Jeff Fritzen, Council Member, Town of Normal • Treasurer’s Report • Ongoing Projects • Beautification Committee • Welcoming Committee • Northbridge Drive • Nominations for Board of Directors • Proposed Irrigation Project • February 27th, 2014 Annual Meeting NBHOA Treasurer’s Report 2013 Year to Date November 7, 2013 $5,180.96 (*) Income (2/28/13 through 11/7/13) Dues. 181 Lots x $100 Expenses (2/28/13 through 11/7/13) Common Area Maintenance/Beautification Insurance Community Activities & Welcoming Committee Annual Meeting Signage Office Supplies & Printing Facility Usage Corporate Filings Cash Balance as of November 7, 2013 (ǂ) $18,100.00 $18,100.00 ($12,485.07) (ǂ) ($9,400.66) ($2,108.00) ($ 380.00) ($ 339.99) ($ 141.42) ($ 100.00) ($ 15.00) $10,795.89 (*) – does not include accrued but unbilled expenses; (*) – includes $5,000 reserve NBHOA Treasurer’s Report (Cont’d) 2013 Year to Date November 7, 2013 Common Area Maintenance & Beautification Expense Variance (2012 vs. 2013) Mowing Landscaping/Watering Shoreline Total 2012 $3,430.00 $8,146.14 $5,400.00 2013 $3,430.00 (est.) $5460.66 $1050.00 Variance $0.00 -$2685.48 -$4350.00 $16,976.14 $9,940.66 (est.) -$7035.48 Meet the NBHOA Board President - Phil Merritt Vice President – Richard A. Brown Treasurer – Matt Jontry Secretary – Lindsey Mucciolo Projects – Vince Addicks Jeff Fritzen (309) 454-2186 jfritzen@normal.org • Council Member Since 2003 • Current Term 2011 – 2015 Committee assignments • Bloomington Normal Economic Development Council Occupation Executive Vice President – BOPI, an innovative communications and marketing firm Interests • Member, Illinois State University Athletics Weisbecker Scholarship Fund Advisory Council • Member, Illinois State University School of Communication Alumni Advisory Council • Church Elder Ongoing Projects – Beautification Committee Before After Ongoing Projects • Welcoming Committee • Given welcome letter, plant and card to over 20 families in the last year • Looking for volunteers • Northbridge Drive Entrance NBHOA – Irrigation Proposal Richard A. Brown – Vice President November 7, 2013 PROPOSAL: IN POND IRRIGATION SYSTEM FOR THE PIPELINE ROAD ENTRANCE TO NORTH BRIDGE RATIONALE FOR IMPROVEMENT: • N.B.O.H.A. has invested approx. $20,000 in landscaping subject to drought impacts • Significantly enhance the entrance beauty and improve property appreciation e.g. Royal Links quality • Water is “FREE” from So. Pond vs. similar systems using city water @ $6,000-$16,000 annual H20 costs • Annual operating cost are minimal e.g. electricity (est. $800) and low maintenance with submerged pump. Board Actions • Negotiated quote May/June with Tri-County Irrigation, Goodfield, Ill.—See layout chart stand • July meeting with Snyder Cos. to pay all costsrejected with minimal counter • October approach with Snyder Cos. for cost sharing 60% Snyder/40% N.B.H.O.A. • May require a one time special home owners assessment of $100 to $150. Conclusion • Continue Snyder Co discussions/negotiations • Funding resolution completion with install target April/May 2014 • Discuss project status at Feb 27, 2014 N.B.H.O.A. annual meeting Questions Linn McDonald (Webmaster) http://north-bridge.weebly.com/ Thanks and Save the Date • Thursday, February 27th, 2014 – Annual Meeting • North Bridge Baptist Church – 6:30 p.m. • Election of Board Members