July 2016 Financials

				APPROVED
		YTD		2015 Budget
REVENUE:
Maintenance Fees		$114,156.00		$195,696.00
Interest		$2.85		$20.00
Miscellaneous		$(977.00)		$-
Total:		$113,181.85		$195,716.00
EXPENSES:
BUILDING MAINTENANCE		$47,226.30		$68,200.00
COMMON GROUNDS:		$9,888.02		$21,657.60
LANDSCAPE:		$19,606.42		$45,800.00
ADMINISTRATION:		$31,916.60		$45,932.00
RESERVE:		$6,600.00		$13,300.00
Total:		$115,237.34		$181,042.00
Income:		$2,055.49		$398.00
Assets:
First Merchants Checking		$2,380.42
First Merchants Money Market		$12,940.82
Accounts Receivable
Maintenance Fees		$9,515.05
Total:		$24,836.29
Capital:
Net Worth		$26,891.78
YTD Income		$(2,055.49)
Total:		$24,836.29

June 2016 Board Minutes

COUNTRY VILLAGE HOMEOWNERS ASSOCIATION

Minutes – June 13, 2016

Attendees:                      Sharon Eichmann, John Hedge, Max Roe, Betty Shaw, Jane Stevenson

PSG:                                  Larry Edwards, Susan Keene

Homeowners Present:  Veronica Coleman, Jim and Margaret Vernon, Kathy Messer, Steve Linson

                                          Bill Nahas, Barbara Kaiser

The meeting was called to order at 6:50 pm at the Harrison by Board President, Max Roe.  

Minutes were reviewed.  Sharon Eichmann motioned to accept and Betty Shaw seconded motion to accept minutes as read.

Financials were reviewed by Susan Keene, Jane Stevenson motioned to accept and Betty Shaw seconded motion to accept financials as read.

A letter was sent to 7946 Sunfield regarding over growth of vegetation.  Owner has two weeks to clean up or PSG will take necessary action and the owner will be billed for the work effort.

Max Roe presented bills for copies made for the amendment to the By-Laws and recording fees.  Sharon Eichmann motioned to reimburse Max for these expenses, Jane Stevenson seconded this motion.

Discussed building repairs and painting.  Also discussed tree work.  Some tree work has been done.  Other work will need to be delayed as we do not have the necessary funds to do all of the work needed.  If a homeowner needs a tree removed, there is nothing in the by-laws stating the owner could not proceed with removal and the owner to pay that expense.

Larry will get copy of bids to Board for stone work at 3038 Valley Farms.  Need response no later than Wednesday as to which company is awarded the work.

Letter sent to property owner on Piney Wood regarding landscaping issues.  Have had no response.

This concluded the general meeting at 7:40pm, Max thanked those homeowners present for their interest and attendance.

Mark your calendar for November 14^th, 2016 for the Annual Meeting.  Location to be determined.

______________________________________________________________________

Respectfully,

Jane Stevenson, Recording Secretary

June 2016 Financials

				APPROVED
		YTD		2015 Budget
REVENUE:
Maintenance Fees		$97,848.00		$195,696.00
Interest		$2.36		$20.00
Miscellaneous		$(977.00)		$-
Total:		$96,873.36		$195,716.00
EXPENSES:
BUILDING MAINTENANCE		$27,442.99		$68,200.00
COMMON GROUNDS:		$8,501.94		$21,657.60
LANDSCAPE:		$14,662.04		$45,800.00
ADMINISTRATION:		$28,320.32		$45,932.00
RESERVE:		$6,600.00		$13,300.00
Total:		$85,527.29		$181,042.00
Income:		$11,346.07		$398.00
Assets:
First Merchants Checking		$19,718.47
First Merchants Money Market		$12,940.33
Accounts Receivable
Maintenance Fees		$5,648.05
Total:		$38,306.85
Capital:
Net Worth		$26,960.78
YTD Income		$11,346.07
Total:		$38,306.85

May 2016 Board Minutes

COUNTRY VILLAGE HOMEOWNERS ASSOCIATION

Minutes – May 9, 2016

Attendees:                      Sharon Eichmann, Max Roe, Betty Shaw, Jane Stevenson

Absent:                            John Hedge

PSG:                                  Larry Edwards, Susan Keene

Homeowners Present:  Veronica Coleman, Jim and Margaret Vernon, Karen Crowe

                                          Loma Chan, Kathy Messer, Jay and June Burnett, Judy Vance

The meeting was called to order at 6:45 pm at the Harrison by Board President, Max Roe.  

Minutes were reviewed.  Correction made for spelling of John Hedge’s name.  Sharon Eichmann motioned to accept and Betty Shaw seconded motion to accept minutes as read.

Susan Keene reviewed the financials.   Considerable discussion regarding the fact homeowners were not privileged to review the financial information in detail, only the board saw the invoices and bills.  They wanted to see what we were hiding.  Jim Vernon spoke in favor of the board stating that his vote for the sitting board was in trust that the board would perform their duties in the best interest of the homeowners.   It was requested that the detailed information be posted on the web page for all to see.  A motion was made by Jane Stevenson to allow the board to further discuss this matter during the executive session.  Sharon Eichmann seconded the motion.

During the discussion of financials, a petition was presented to board Secretary Jane Stevenson. 

Action petitioned for: 1) restore a level of homeowners' authority removed by the Board through its January 11, 2016 bylaws approval that did not include homeowners' comments. The homeowners will develop a recommendation to amend certain sections of the By-Laws for submission to the Board of Directors,

2) remove two directors in order to be in compliance with our governing documents during the November 9, 2015 election.

President Max Roe asked if any of the homeowners present is responsible for and would take ownership of a newsletter and or web page being distributed.  None of those present were willing to comment.  Further comment made by Mr. Roe is the fact it seemed odd that the newsletter was distributed shortly following the monthly board meeting and that publisher seemed privy to information from the board meeting.  At this point Homeowner Kathy Messer spoke up and stated she has attempted to make a comment on the web page but was unwilling to provide the detailed information required to leave such a comment when she, Kathy, did not know who was getting this personal information.  Jane Stevenson made the same comment.

Tree bids were reviewed.  It is still uncertain as to what work will be performed.

This concluded the general meeting at 8:00pm, Max thanked those homeowners present for their interest and attendance.

Mark your calendar for November 14^th, 2016 for the Annual Meeting.  Location to be determined.

May 2016 Financials

				APPROVED
		YTD		2015 Budget
REVENUE:
Maintenance Fees		$81,540.00		$195,696.00
Interest		$1.97		$20.00
Miscellaneous		$(977.00)		$-
Total:		$80,564.97		$195,716.00
EXPENSES:
BUILDING MAINTENANCE		$19,333.96		$68,200.00
COMMON GROUNDS:		$6,629.50		$21,657.60
LANDSCAPE:		$12,612.80		$45,800.00
ADMINISTRATION:		$24,651.34		$45,932.00
RESERVE:		$3,300.00		$13,300.00
Total:		$66,527.60		$181,042.00
Income:		$14,037.37		$398.00
Assets:
First Merchants Checking		$22,895.66
First Merchants Money Market		$9,639.94
Accounts Receivable
Maintenance Fees		$5,681.55
Total:		$38,217.15
Capital:
Net Worth		$24,179.78
YTD Income		$14,037.37
Total:		$38,217.15

Community Garage Sale: June 25th

It's that time of year again...clean out your stuff at Country Village's Community Garage sale on Saturday, June 25th! Participation is free.

Revised By-Laws and Amendments

This year Country Village HOA updated the By-Laws and Amendments for the community. To read or download a copy of each, click the links below:

Country Village By-Laws (Revised 2-23-16)
Country Village Amendments (5-11-16)