Our Village

COFFEE
The Lindley Creek Show band performed two ditties to give a taste of their upcoming Saturday gig.
After reading two improving the Village Grill suggestions from the box, VP McBride said there will be an upcoming vote to advertise a $15 discount coupon towards a golf/meal combo.
Workshop
It got interesting when Director Sandberg sought a need for clarification in determining who is eligible to run for the Board. Only LIV owners or designated owners of a corporation are supposed to be eligible but the Declaration/Bylaws are a bit vague. This was not the first time our Board wanted an owner eligibility clarification. The August 2009 Coffee Meeting with President Pat Burke established they were going to create a better owner clarification and some reason the subject was never brought up again.
Dick Lothe, Steve Fowler, and V.P. McBride encouraged the Board to consider what they thought was a fair Sun Harbor swing bridge assessment increase and Pat Burke indignantly argued against it.
Director Deitrick said he will address the policy review he conducted at the next regular meeting and asked that the Board read his review. He talked about the enforcement of traffic rules, forming an extra D-E entity to sponsor LIV activities, and closed with saying in adding to Director Sandberg’s board member clarification issue, we as a Board should also consider making it a rule disqualifying those who resign.
Regular
Pat Burke anxiously voiced her disgruntlement over the way Dick Lothe, Steve Fowler, and VP McBride asked the Board to calculate Sun Harbor’s share of swing bridge assessments.
The Park assessment arrear total this month was $29085 and LIV has recently obtained three foreclosed properties.
The dredging project awaits an approved site to dump material somewhere on Freeland’s property. The Rodriguez Brothers Dredging Company who is currently doing a project for SPI has met three times with our GM and figures to be our Board’s best choice. No dollar figure yet but one would think not having to pay to ship their equipment and crew down here would save our park a ton of money. It seems this company has a month left to do for SPI before they could start our one week canal project.
Last year’s Revenue Center winner and losers (January thru November, 2011)
Village Grill -$51.877 LOSER
Golf Course -$68,509 LOSER
Rental Depart. -$27,591 LOSER
Laundry -$1,865 LOSER
Newsletter was the only WINNER spewing a +$3180 figure.
The Finance Committee will be busy prioritizing this year’s Major Improvement Fund that exceeds $200,000.
The 2012 OPERATING CAPITAL forecast.
REVENUES are expected to be down by $50,000.
COSTS will be higher due to increases in water, Swing Bridge, and Time Warner costs, but the biggest firm increase will be the $70,000 increase in Aramark salaries. Last year the water was $91,000 over budget and expected to be $86,000 over this year. It was made clear that watering the Golf Course was not the reason for these increases.
Bottom line there will be a $233,000 Operating Capital deficit for next year.
After hearing hullabaloo over children driving golf carts and amendments to a few policy revisions, all revisions were approved.
A $15 coupon for golf and meal approved.
In the near future LIV may accept the use of a credit card to pay assessments. When approved the idea is to use the LIV’s internet site at a (10 cents) per transaction cost and of course any small hidden fees.