Spring Valley Homeowners Association 2015 Annual Membership Meeting Spring Valley HOA - 2015 Annual Membership Meeting.

WELCOMESpring Valley

Homeowners Association 2015 Annual Membership Meeting

Spring Valley HOA - 2015 Annual Membership Meeting

AGENDA Call to Order Approval of Previous Annual Minutes Introduction Board of Directors Reports

President’s Report Architecture Committee Covenants Committee Irrigation Financials / Budget 2015 Budget

Member/Neighbor Input New Business Door Prizes Adjourn

Spring Valley HOA - 2014 Annual Membership Meeting

BOARD OF DIRECTORS

Joel Robinson Wayne Campbell Sharon Wilkinson Mike McDowell Christine Sartoris

Spring Valley HOA - 2014 Annual Membership Meeting

PRESIDENT’SREPORT

Reports

Spring Valley HOA - 2014 Annual Membership Meeting

OVERVIEW 2014

Volunteers Irrigation System Improvements Collections E-Alert/E-News Sign up

www.springvalleyhoawebsite.com/Contact.html

Spring Valley HOA - 2014 Annual Membership Meeting

ACCOUNTS PAST DUE AS OF JAN 5, 2015

STREET Past DueLien Filed Lien Amount Notes

Applewood $ 1,116.41 x $ 328.74 Short sale-pending

Beechwood $ 121.40 Payment plan

Pheasant Run Cir $ 948.36 x $ 538.41 In collections

Pheasant Run $ 2,387.31 3 $ 1,141.02 In collections

Primrose $ 718.12 x $ 351.80 In collections

Sub Total $ 5,291.60 $ 2,359.97

Spring Valley HOA - 2014 Annual Membership Meeting

ARCHITECTURALReports

Spring Valley HOA - 2014 Annual Membership Meeting

2014ARCHITECTURAL SUBMISSIONS

Approved 37 Total Requests11 Painting3 Fence 5 Storage Sheds7 Roofing 3 Stucco2 Siding4 Building Modification3 Pergolas, Carport

Spring Valley HOA - 2014 Annual Membership Meeting

STUCCO

Spring Valley HOA - 2014 Annual Membership Meeting

Exterior changes can be contagious

SMALL CHANGES - BIG IMPACT

Spring Valley HOA - 2014 Annual Membership Meeting

Door color

Painted/ stained fence

OTHER CHANGES

Spring Valley HOA - 2014 Annual Membership Meeting

New vinyl siding

New roof with architectural shingles

COVENANTS & RESTRICTIONS

Reports

Spring Valley HOA - 2014 Annual Membership Meeting

COMMON COMPLAINTS & COMPLIANCE ISSUES Garbage cans in front of

house Parking Violations

RVs, boats, ATVs, etc not behind fences

RVs, boats, ATVs, etc longer than allowed

Misc Trash or Items notstored behind the fence

Spring Valley HOA - 2014 Annual Membership Meeting

Total Violations: 60

IRRIGATION SYSTEM

Reports

Spring Valley HOA - 2014 Annual Membership Meeting

IMPROVEMENTS

Spring Valley HOA - 2014 Annual Membership Meeting

IMPROVEMENTS

Spring Valley HOA - 2014 Annual Membership Meeting

IMPROVEMENTS

Spring Valley HOA - 2014 Annual Membership Meeting

New Valve Cover

TREASURER’S REPORT

Reports

Spring Valley HOA - 2014 Annual Membership Meeting

2014 FIN

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TAT

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Spring Valley HOA - 2014 Annual Membership Meeting

OPERATING EXPENSES

Spring Valley HOA - 2014 Annual Membership Meeting

2014 (actual) 2015 (Draft)Annual Meeting 145.00$ 175.00$ Capital Improvements* - -Income Tax - -Insurance 2,771.00$ 3,400.00$ Irrigation Manager 9,732.50$ 10,250.00$ Maintenance & Repairs 10,813.76$ 7,500.00$ Office Manager 9,000.00$ 9,900.00$ Office Expenses 2,310.10$ 2,500.00$ Power Expense 15,844.08$ 16,000.00$ Professional Fees 387.50$ 1,000.00$ Recording Fees 154.00$ 150.00$ Locate Utilities 252.75$ 275.00$ Water 8,460.23$ 8,465.00$ Reserve Study 1,450.00$ Miscellaneous 5.00$ 100.00$ Total Operating Expenses 59,875.92$ 61,165.00$

2014 EOY & 2015 BUDGET

2014 2015 ( actual ) (current dues $200)

Income $ 85,047 $ 83,800Operating Expenses - 59,876 - 61,165Total Net Income $ 25,171 $ 22,845

Spring Valley HOA - 2014 Annual Membership Meeting

JANUARY 2015ESTIMATED RESERVES

Spring Valley HOA - 2014 Annual Membership Meeting

Operating Account: 4,522

Capital Improvement: 100,061

Money Market Reserves: 73,860

Estimated Operating and Reserves:$ 178,443

MEMBER/NEIGHBORINPUT

Spring Valley HOA - 2014 Annual Membership Meeting

NEW BUSINESS

Spring Valley HOA - 2014 Annual Membership Meeting

HOA DUES DOOR PRIZE

Proxy Door Prize Attendee Door Prize

Spring Valley HOA - 2014 Annual Membership Meeting

THANK YOU!www.springvalleyhoawebsite.com

Adjourn

Spring Valley HOA - 2014 Annual Membership Meeting