The Village of Chisholm Ridge Homeowners Association
Annual Meeting
October 7, 2013
at 6:30p.m.
Minutes
1. Call to
Order-Meeting was called to order by Melinda Aguilera at 6:42 p.m.
2. Roll/Call/Establish
Quorum-Quorum was established
3. Proof of Notice-
proof of notice was approved
4. Financial Review
Ø Income
Statement was reviewed through 8/31/13
Ø Balance
Sheet was reviewed through 8/31/13
Ø $19,067.79
is the cash balance as of 8/31/13
Ø $15,417.24
Account Receivables (delinquencies) as of 8/31/13
5. Business
Ø We
went over the financials and account receivables.
Ø We
went over collection process
Ø Revenue
Ruling 70-604 Election was approved for 2012
Ø We
spoke and explained the homeowners the community blog www.villagesofchisholmridge.com
Ø Brian
from Sunspot educates the homeowners on how to take care their front yard and
products that they can use for weeds.
Ø The
board spoke about investors being responsible for educate their tenants on the
community rules & maintenance schedule.
Ø Two
candidates were elected – Barbara Sproat & Melinda Aguilera.
6. Adjournment-
Meeting was adjourned at 7:55 p.m.