Board Meeting Reminder – May 23rd, 7pm

Good Morning LSR,

Trust everyone is having a great start to the week and enjoyed the rain we received. Our yards needed the rain.

A reminder that fawn season is on us and there will be a lot of activity in our neighborhood by the deer. Be aware of your surroundings.

Plan on attending the May homeowners meeting. It will be held this coming Wednesday, the 23rd at 7:00 pm. It will be held at the home of Tom and Leona Angotti. 9103 Limestone Pass.

Signs will be posted as reminders.

Agenda to include:

Values in Action / Safety Stories/ Success Stories from the community
Homeowners forum
April Minutes approval
April Financial review and approval
Committee updates
New Business

If you have any questions regarding this meeting or the community in general, you may contact any of your BODs listed below.

We look forward to seeing you at the meeting.

Have a safe and great remaining week.

LSR BODs
Tom Angotti- President
Reid Cain- Vice President
Greg Anderson- Secretary

Board Meeting Minutes – March 22, 2018

Limestone Ranch Homeowners Association
Official Board Meeting Minutes – BOD Approved 4.18.18
March 22, 2018

I. HOMEOWNER’S FORUM

Gene: Rock placement still on BLC radar. Street Sweepers came on Monday (trash day) and had to reschedule. Border/Railroad ties needed to help keep gravel in at the play-scape. Speeding continues to be an issue and may have to be deferred to Constable.
– WW to Draft Notice to Residents

II. CALL TO ORDER

The meeting of the Board of Directors of the Limestone Ranch Homeowners Association was called to order at 7:23 pm. Board members in attendance included Tom Angotti, Greg Anderson, and Reid Cain. Erinn Corkins was present from Wildwood Management.

Success stories: Celebrate good neighbors!

    • Garage Sale was very successful
    • Big “Thank You” to Patty D. for her involvement in Fall Festival, Christmas Event, Welcoming Committee, Garage Sale and Spring Celebration – her Energy has been amazing
    • BOD thanks Gene G. for attending meetings and sharing good feedback

III. APPROVAL OF MINUTES

February Minutes approved. Greg motioned and seconded by Reid. Motion carried without objection.

IV. FINANCIALS

February financials reviewed. Reid made a motion to approve. Seconded by Greg and the motion carried without objection. Variance Report included. Reserve contribution on target.

From January Report

  • 2018 Annual Budget: $95.9K Income/ $77,899 Operating Expense/ $18,000 Reserve
  • YTD Actual $16,542 Income- 17.2% of total Budget; $558 above YTD target
  • YTD Actual $17,903.24 Operating Expense- 23% of YTD target; ($4,921.24) variance or aboveYTD target
  • YTD Reserve Contribution $3000, on target
  • Total Replacement Reserve Expenses YTD- $14.1K/ Budget $

o $58.5K CAB Replacement Reserve/ $134.5K FCB MM/ CAB Operating at $12K or$205K Total Assets

Note that 75% of Annual Budget for Property Liability/D&O Insurance premium paid in February causing an off-set to the Budget of approximately $6K

Delinquency Report
• Improvement over January- $2,198 total with $0 Current; $1,748 – 30 days; $0 – 60 days; $450 – 90 days out

Violations – 3rd Wednesday drive through

  • Number & Nature of Violations – no concerns at this time
  • Any additional feedback or input – new Wildwood compliance director

V. MANAGEMENT REPORTFebruary Property Management Report reviewed.

    • 4 Violation Notices sent after February Drive
    • 1 ACC request approved

VI. COMMITTEE REPORTS Social Committee:

Welcome Baskets: WW process defined. Patty, Mari, Courtney Confirmed as Committee members will brainstorm and move forward for new residents with good information and new process

Spring Celebration: 4k Budget – BLC to put down ant killer and service park Friday before event re-scheduled 3/24 at 4:00 pm
Dinner and Two Egg Hunts planned

VII. OLD BUSINESS

  • BLC has not reset the rock. Timeline confirmed for a full crew service, need more than 2 men
  • Vaquero/Waste Connection Rate Adjustment – error on some statements TA sent email to LSRo 3 yr Contract – April 1, 2017 – April 30, 2020
    o $63 plus tax per quarter – adjusted annually based on CPIo Starting April 2018 quarterly rate is $64.39 per quarter
  • Longhorn Lot Maintenance – Timeline for asphalt transition at front gates – last week of March
  • Deer Removal – Cost was $300 plus tax
  • Update on options for front gate keypad – internet needed for camera?
  • Update/Strategy for Back Exito HOA survey completed – 121 for, 3 opposedo Updated pricing on gate(s) – Reid C./ $28ko Electric- $8k
    o Security- $TBD Board discussed amounto Completed – Surveys need to be completed with easements for the gates and controllerso Completed – Survey to include the common area, Lot 50, to include the concrete apron currently shown on Lot 51. Lot 51 survey to subtraction of the concrete apron ($2,300 paid to Lot 51 homeowner). No changes to Lot 49 regarding the property lines.
    o Electrical work – CPS inspected work and will pull wire and set meter in next two weekso Final surveys completed and filed / Steve T. and Ricardo N. / Lot 50 LSR HOA

VIII. NEW BUSINESS

  • Security cameras – Front and back gates – Mari H. offered assistance with bid from LAW Security
  • Electrical to pavilion – Big State
  • Spring cleaning/ Dumpster – 4/13o Reid to meet Vaquero regarding bulk pick up, scheduled 4/13-4/16o Locations on Woodland Trace and Autumn Terrace cul-de-sac
  • Spring Celebration – 3/24

IX. SCHEDULE NEXT MEETING

Wednesday, April 18 – Reid’s home

X. ADJOURNMENT

Board meeting adjourned at 8:20 pm

Respectfully Submitted by:
Erinn Corkins, Community Manager for Limestone Ranch HOA

Download Minutes

March 22nd HOA Meeting

LSR,

Trust everyone is rested up and enjoyed their time with family and friends this last week. Spring Break is over and the kids are headed back to school. The Community garage sale yesterday was well attended with many neighbors participating.

Thank you for making our events successful.

Plan on attending the March homeowners meeting. It will be held this coming Thursday, the 22nd at 7:00 pm. It will be held at the home of Tom and Leona Angotti. 9103 Limestone Pass.

A sample of what will be discussed to include:

• Progress on the second exit.

• Upcoming Spring Celebration just a couple weeks away.

As we do, we post signs in the front of the neighborhood as a friendly reminder and your personal invitation to attend.

We always enjoy your participation.

Agenda to include:

Values in Action / Safety Stories/ Success Stories from the community
Homeowners forum
February Minutes approval
February Financial review and approval
Committee updates
Welcome Committee Update
New Business

If you have any questions regarding this meeting or the community in general, you may contact any of your BODs listed below.

Have a safe and great week.

LSR BODs
Tom Angotti- President
Reid Cain- Vice President
Greg Anderson- Secretary