Board Meeting 3/22/17

ROTONDA MEADOWS/VILLAS CONSERVATION ASSOCIATION

BOARD OF DIRECTORS’ MEETING
March 22, 2017

The duly noticed Board of Directors’ meeting for the Rotonda Meadows/Villas Conservation Association was held on Wednesday March 22, 2017. The meeting was called to order at 12:30 p.m. Directors present were Noel Andress, John Brandenberger and Peter Traverso. Also present were Association Managers Dianne Beymer and Tim Freeman and two members.

A quorum of the Board was present so the meeting could proceed.

MINUTES

On MOTION by Peter Traverso, seconded by John Brandenberger, the Board agreed unanimously to approve the Minutes of the February 15, 2017 Board Meeting as submitted.

TREASURER’S REPORT

The checkbook, bank statements and Trial Balance reconcile and expenses are in line with the budget. Tim Freeman reviewed the year-end financial review provided by Webb, Lorah & McMillan. Early in the year, the FDIC limit is exceeded at Bank of the Ozarks, but it levels off in mid-year. Mr. Freeman said we will look into opening another account at a different bank to avoid any risk.

At Noel Andress’ request, Mr. Freeman asked Geoff Lorah if it would be possible to sell some of the Association’s debt. Mr. Lorah said there are many rules and regulations involved in purchasing this type of debt, which makes it unattractive to buyers and much of it has been classified as uncollectible. Mr. Lorah was not aware of anyone buying Association debt. Discussion followed.

COMMITTEE REPORTS

Deed Restrictions:
Tim Freeman is working on getting non-conforming signs removed. A formal email will be sent to offenders and signs not removed within the specified -timeframe will be removed.
ACC: None
RMC: None

OLD BUSINESS

FPL Project Update: Tim Freeman expressed frustration that the legal opinion Derrick Rooney was asked to provide three weeks earlier had not yet been received. There also has been no progress on splitting the Meadows and Villas MSBUs; Commissioner Tiseo said he’d follow up and get back to Tim Freeman. A majority of the Commissioners support the Association’s efforts. The directors would like to have a closed meeting with Derrick Rooney at his Punta Gorda office to determine the status of these issues. Discussion followed.

Road Paving: Noel Andress reported the County’s paving contractor had done a poor job at Rotonda Trace and Quail Road, where the asphalt is already coming up. Other areas that need attention were discussed. Tim Freeman will address these concerns.

OTHER BUSINESS

Member John Keane commented on growth in North Port and that lot sales in Meadows and Villas are static since the recession and that it’s expensive to build in West County.

TDU Revision: On a MOTION by Peter Traverso, seconded by John Brandenberger, the Board voted unanimously to have Tim Freeman draft a letter to the County Commissioners stating the Board of Directors of the Rotonda Meadows/Villas Association strongly supports the Large Scale Plan Amendment Petition Number PA-17-01-02-LS as recommended by County staff.

Payables: Payables were reviewed and checks signed.

Next Meeting: The next meeting is scheduled for Wednesday, April 19, 2017 at noon.

ADJOURNMENT

There being no further business to come before the Board, the meeting adjourned at 1:15 p.m.

Respectfully submitted,

Dianne Beymer
Association Manager