Port Royale Annual Meeting

November 6, 2005

 

The annual meeting of the Port Royale Homeowners was held on November 6, 2005 at 10:00 A.M. at Central Bank in Laurie Mo.

 

Meeting was called to order by Jeff Lang President.

 

The following Board Members where present:  Jeff Lang, Jim Alspaugh, Charlie Roth, and Terry Heig. 

 

9 home owners including board member where present, representing 7 condos.

 

Election of new board member was held.

Discussion of who is currently on the board, and who is dropping off. Jeff Lang and Terry Heig are leaving the board. Lori Robben resigned from the board about a month ago. There are currently three openings on the board. Jim Alspaugh and Charlie Roth have another year to serve. Jim Alspaugh will serve as president for the next year.

 

Election Results: Debbie Miller, Shawn Kitchen, and Joe Krashin where elected to the board, serving two year term thru November 2007. Jim will call a board meeting in the very near future and new officers will be elected.

 

It was requested that a picture be taken of each of the board members and that they be posted on the web site so everyone will know who is on the board. Terry will get pictures taken and post them on the web site.

 

Jim Alspaugh gave an update on the seawall project. Jim has had discussion with Ameren and what they require and recommend to fix our seawall. Jim has also talked with several contractors. Current feeling is that we put rock several feet out from the seawall and create a form and pump concrete back under the seawall. Discussion on whether we need deadman. Jim stated that everyone he has talked to didn’t think so unless the seawall is moving. Jim has marked the seawall to determine if the wall is moving. Jim stated that most of the contractors that he has talked to couldn’t get this done until spring of 2007, and that we will spend this year getting permits filled out.

 

Review of 2006 Budget: Terry Heig stated that this year’s budget is almost the same as last year. Significant changes that have been made: Insurance premium is going down almost $6,000.00, Taxes budgeted at $5,000.00 in 2005 actually cost was about $700.00. Added $3,000.00 to driveway repair, parking lot needs to be resealed next year. 

Just received a bid to power wash all three buildings at $5,900.00 which is not budgeted. Jim Alspaugh to follow up with the power wash company. Homeowners will be given as much notice as possible, so they can move or cover deck furniture if they so desire.

 

Review of 2005 expenses, no comments.

 

Open Discussion:

 

Terry stated that he has had to replace several windows in his condo because the seals have broken. Several other home owners have had problems also. Terry has also had the seal on one of the patio doors break. Terry is getting all the information on whom to call to get the windows replaced. This information will be placed on the web site in the next few days.

 

Terry was asked to bring up a question by Steve Neible. Steve would like to see a list published monthly of who is delinquent on there associations dues. Question was asked of how many and who is delinquent. Terry stated that he didn’t think that we should state who is delinquent at the time. There are currently three condos that are delinquent; two are 30 days delinquent with one of them paying half of what is due. The third one is over $5,700.00 behind including dues, late charges, interest, and lawyer fees. Liens have been filed and are updated quarterly against their condo. We have turned off their cable and notified them that they can not use the swimming pool, the docks, or the parking lot until they are paid up. Terry will talk to our lawyer about publishing some kind of list.

 

Larry Benson stated that he thought we had fewer problems with loud noise this past year. There where a couple incidence with people swimming in the pool at 4:00AM. Richard Webb asked if we had ever considered a fine system. The board stated that we talked about it last year at the annual meeting and it was decided that we would rather try and handle it by calling the sheriff when we have problems.

 

There was a discussion about underage drinking. Jim stated that we had just received an article from our lawyer and that the parents are responsible for their kids actions. Again if you have a problem call the sheriff.

 

Jim Alspaugh has had some discussion with Bob Harrison about his plan to develop the top of the hill. The board would like to get Bob locked in to what his plans are and dissolve the master association. The question was asked if Bob Harrison is paying association dues on the docks that he still owns. Terry stated that Bob pays dues on all the docks that he still owns and the garage that he still owns. Bob has also paid in full six seawall assessments. Jim will continue to pursue discussions with Bob Harrison.

 

Question was asked about the two dead trees in front on building 116. Terry stated that they should be cut down in the next week. Question was asked if there where plans to plant new tree. Terry will talk to Jill our landscaper about planting some new trees.

Question was asked about finishing the ceiling on the walk ways in front of the buildings. We currently have 3 bids ranging from $50,000.00 to $65,000.00. This is something that we would like to do, but feel it is too expensive at this time.

 

There was some additional discussion of several improvements that people would like to see. Jeff stated that we had a bid to finish the cement around the pool with a special paint finish for about $6,000.00. Several people have talked about finishing the cement wall with rock or some type of paint finish. All of these things would be nice but it takes money. Once or reserves are built up maybe we can consider some of these improvements. We don’t want to go to the homeowners with additional special assessments.

 

 Richard Webb asked about getting some more comfortable chairs at the pool. Charlie Roth asked him to check into some different options and bring a recommendation back to the board.

 

 Meeting was adjourned at 11:40 A.M.

 

Respectfully submitted by,

 

Terry Heig for the Secretary