A date has been set for a board meeting and it will take place at 10:00 am Saturday August 21,2010 to discuss HOA business, the status of our 2010 budget, current available funds for any non budget spending allocated for the remaining improvement and infrastructure projects as identified by the board for 2010.
The following information is required for the meeting:
BY LYNDA{Financials , including all bank account balances and owner HOA fee balances as of August 15,2010
BY FRANCISCO- The Status of Las Palmas, an operational report regarding the state of our resort. To be included is the status on all 2010 non budget projects a list of all completed, in progress and remaining non budget projects.
Based on the above reports the board will be voting on the allocation of any remaining surplus funds prior to 2010 and on how to move forward with the remaining 2010 year.
Additionally, based on Lynda's attached report we have 4 units that are behind at least two quarter HOA fees. These units are :
Baja 104 with $2118.00 ,
Bonita 703 with $10649.00
Villa 9 with $3885.00
Villa 13 with $4991.31
The two below are close and should be kept under review:
Villa 1 with $3214.00
Villa 20 with $3670.00
Any of the four units behind two quarters not already restricted, must be notified and informed that the Board has given authorization to move forward with water restriction and other service restrictions imposed by the HOA.
As communicated to the SBPH group representative, this restriction will take place effective August 16,2010 should the accounts continue to be delinquent by two quarter fees or more.
Thanks
Dan
