November 2024 Meeting Minutes

Warner Creek Board Meeting

November 6th, 2024

MINUTES

Call to order

Called to order at 7:05pm

Attendance: Chris McDonald, Sarah Fabian, Megan Kloustin, Anh Le, Bob Stanfield, Colleen O’Toole, Nöel Quiton, Larry Pearlstein

Approval of previous meeting minutes – One correction on the spelling of Sarah’s name, there is an “h” at the end.  Approved by board.

Presidents report

• Quick review of fine policy & words from Larry

  • Recap from July meeting about policies:

    • 2022 Sign Policy – Board decided to rescind this policy in a unanimous vote. 

    • 2022 Fine Policy – The fine policy remained unchanged.

    • 2022 Late Payment Policy – Board voted in support of a revised interim policy. 

Larry Pearlstein addressed the board regarding how the board’s policies may conflict with the Declaration of Covenants in the bylaws.  The board heard his comments and responded that our policies have been revised previously by the board to address this.

Committees Updates

• Treasurer – No updates except the reserve fund agenda item (below)

• ABR – Anh No new applications

• Welcome – Courtney (via Chris) – No new activity

• Activities – Fall festival was a success!  Next activity in the park is Cookies and Coco for Santa.

• Parks – Laura Sullivan and Bob are working to get estimates to install a bridge at the south park.  Laura received an estimate from the contractor in excess of $40,000, so we decided against that contractor.  Bob will continue with obtaining an estimate from rescue renovations and look into the cost of a prefabricated bridge.

Sarah asked about buckthorn dead branch removal at the Platt road entrance.  Bob informed that Guardian Tree services has been contacted to remove the dead branches. Sarah also asked whether there will be further removal of buckthorn, and Bob responded that nothing further at this time unless it interferes with the sidewalk.

New Business

• Colleen informed the board that Warner Creek HOA has reserve funds in two accounts; $1052 in Huntington Bank and $32,862 in Enterprise bank under our Compass contract.  Neither of these accounts pays market interest rates.  Colleen introduced a motion to move the balances from Huntington and Enterprise banks into a Certificate of deposit through Citizens bank that pays 5%

The motion was seconded by Bob Stanfield.  There was some discussion about liquidity of the funds and Colleen advised we could have access to the money, but since this is a reserve account, any withdrawal would be planned in advance.

The motion was unanimously approved.

• A motion was brought forward by Chris to approve the revised Late Fee Proposal that was based on an amended document already approved by the board in July.  The motion was seconded and unanimously approved.

• The board agreed to continue to have short monthly meetings.  The next meeting will be in December.

The meeting was adjourned at 7:53pm