September 26, 2013
CVCA Homeowners Meeting
Board Members present: Judy Miranti, Richard Sanders, Durel Burke, David Learned, Sandy Somerville, and potential board member Todd McConnell
The meeting was opened at 7:05
Judy spoke about the web site currently under development that, in addition to giving homeowners access to current information and meeting minutes, would also allow them to securely complete surveys and vote on-line. Plans are being made to assist those who do not have computers to have easy access to one along with assistance, should it be needed, in using it.
She also made a plea for interested residents to run for the board, especially those with some knowledge of the kinds of problems with which the board deals: lawyers, insurance agents, contractors, etc. In addition, the board needs residents who have ideas about how Chardonnay could be made better. There will be five positions open for the 2014 board.
Doc presented the financials as of August 31, 2013:
Capital One Operating Account 52,868.83
Capital One Interest Account 7,741.02
Whitney Bank Reserve Account 68,492.50
Regions Flood Escrow Account (BR) 648,514.49
Regions Wind Escrow Account (BR) 451.93
Regions Insurance Account 2,962.54
Regions Assessment Account 11,073.87
Total Cash Assets 792,104.48
He indicated that
1. a check was written to LAS for 33,402.00 for the final payment on building 16
2. we are not financially well of; many people are not paying their dues and assessments but that steps are being taken (water cut off beginning on the 27th) to collect all of these moneys
3. it looks like we will have a 5% dues increase beginning in January, a special assessment for next year to continue repairing and siding our complex plus a huge increase in our insurance expenses.
We received notice today that on Sept. 24, all of the funds in the Baton Rouge escrow accounts were wired to our local Regions Insurance Account. This money must be used for siding and having it our own account will make it easier to keep the project on track.
Sandy reported that the signs at the entrances will be corrected next week.
Durel reported on the problems with the lighting. When the complex was built, the electrical wires and most of the junction boxes were put underground, but they were not encased in conduit. Hence, after thirty years, they are rotting. We now have to run new wires, properly enclosed, below ground, and put the junction boxes above ground. This is being worked a little at a time as money becomes available.
Following the formal meeting, Judy Miranti chaired an open forum in which residents were asked to express their ideas and concerns about Chardonnay. That will be combined with the comment sheet that was emailed to residents and placed on the blog. Each suggestion will be discussed and responded to. The ideas and concerns expressed were:
1. Shop the insurance policy to see if we can get better rates.
2. Who is the our current attorney and what is the number and status of lawsuits against Chardonnay
3. That no further money be spent on the tennis courts until all home repairs are completed.
4. The difficulty of hearing at homeowners meeting and that those attending be asked to avoid private conversations during the meeting which makes hearing even more difficult
5. Many cars parked on the property still do not have decals.
6. What will be the colors of the siding used on each building
7. An idea of just how much the assessment for next year will be
8. Have an insurance agent speak at one of our homeowners meetings
