HOA Meeting 10 Feb  2020

Called to order 1836

In attendance: via zoom

Officers
David Black Pres
Nancy Rollins Treasurer
Jason Jablonski Secretary

Arc Committee
Gerry Austin Arch Committee

Board Of Directors

Ken King
Caitlyn Ehli
Joseph Beverage

Call To Order — Dave Black

Treasurers Report-  See Below.  Approved by all

3. Old Business

Park Committee benches not removed. Will have them stay put until unusable.

Need to order signs and small bag dispenser. Caitlin will take for action.

 4. New Business

cost of living increase of dues talked about.  HOA can raise 1.6% per.  Treasurer propose to not increase dues. motion proposed and carried that dues will not increase for 2021. Dues stay at $68 for 2021.

 Treasurers report

Next meeting 07 April 6:30 pm.

Meeting closed 730 pm

Conifer Park #6 HOA

Treasurer’s Report

Nancy Rollins February 10, 2021

Status of Annual Assessments - Due on 3/31/2020

• 83 owners have paid their 2020 Assessment = 89%

• 10 owners owe for 1 or more years:

• for 2020 1 @ 68 + 3 @ various amounts including 1 ARC Assessment

• for 2019-2020 4 @ various amounts including 1 with lien fees

• for 2018-2020 0

• for 2017-2020 1 @ 314.49

• for 2016-2020 1 @ with lien = 663.39

• Total past due (including liens) = $1,979.47

• The owner who set up a “payment plan” in 2020, completed payments this January

• We still have outstanding Liens which were filed on two properties on Oct 1, 2019

• The title company sent a check for $72 to cover 2021 dues for a property sold in

December; I will record the difference as credit towards 2022 dues.

Expenses

• Park Improvements:

• Still need to buy new signs + mutt mitt dispenser & bags

Set 2021 Assessment Amount

• Bureau of Labor Statistics changed the Geographic Structure for Consumer Price

Index (CPI) in 2018. The Seattle-Tacoma-Bremerton CBSA (Core Based Statistical

Area) has been updated to Seattle-Tacoma-Bellevue, published bimonthly in even

months. The metropolitan area covers King, Pierce & Snohomish counties.

• The CPI change was 1.4% or 1.6% depending on which report is used.

• The CC&R's restrict change to "no more than" the CPI change for the prior year.

If we vote to change the "dues" for 2020, the maximum increase would be

@1.4% $68.00 +0.95 = $68.95 @ 1.6% $6.00 + 1.09 = $69.09

• I do not recommend an increase this year.

If all owners paid, our income should be $6,324

• Please note that we had a net profit in 2020 of $553.30

• We collected $1,140.51 for prior years assessments, interest and fees

• We also received $72.32 in “future” assessments and $20.00 ARC Special

Assessment.