Our Village

There was very little accomplished in either meeting. June-July unfinished business “LIV Website” and “Wireless provider” remained unfinished.
There is a concerted effort to correct the outdoor pool’s circulation problem when they search for the outdoor hot tub leak in September.
A yellow line will be laid at the curve by Bath house 3.
Motion passed to spend $5,196 for a large pool area shade.
Motion passed to continue LIV’s magazine’s ad. I did not hear a dollar amount.
Rick, the GM was criticized for not informing all the Directors he was taking his vacation. There was a director comment of his alleged procrastination of starting the months ago board approved new window project for the activity center’s east side.
The new rules for using the Activity Center’s bulletin board appear to have been misunderstood and will be corrected.
An owner asked why renters are allowed to bring in as many guests as they like, tremendously exceeding their overnight maximum number. No clear answer was given but the Board will look into it.
The Board said there will be an approved budget by January 1st 2013.
The profit loss statement was interesting enough to make the Tidbit article.
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Something stood out when reading our June’s Profit Loss summary. Total revenues increased less than 1% ($11,903) and each revenue center except Laundry (plus $74) was losing more money than this time last year, yet our net profit for the first six months this year was a quarter of a million ($258,244) better. These savings were made in the expense column.
Interesting to note that these savings matched the amount of the annual assessment fee increase that just started. Will this unexpected quarter of a million along with any future improvement that betters 2011 be used to reduce any assessments being charged to owners like dredging or road repair?
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