Towne View Estates HOA

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Towne View Estates HOA

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Announced plans to restore irrigation along FM 3040 (cost split ... a sign placed in their yard, and a photo of their home displayed on the TVE YOM web page. ... – PowerPoint PPT presentation

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Title: Towne View Estates HOA


1
Towne View Estates HOA
  • Annual Meeting
  • March 29, 2008

2
Agenda
  • Board of Directors / Elections
  • Financial Review
  • 2007 Summary
  • Reports From Our Committees
  • Yard of the Month Program
  • General Issues / Open Discussion

3
Board of Directors / Elections
  • Current Board of Directors
  • President Tom Schneider (term expires 3/08)
  • Vice President Julie Gatherum (term expires
    3/09)
  • Treasurer Suresh Kumar (term expires 3/08)
  • Secretary - Ron Koger (term expires 3/08)
  • Positions Requiring Election
  • President (no volunteers Tom Schneider
    continues in position)
  • Treasurer (Carol Forest volunteered unanimous
    approval)
  • Secretary (no volunteers Ron Koger continues in
    position)

4
Financial Review
5
2007 Summary - Delinquent Dues
  • Began January 2008 with 24 Homeowners with
    Delinquent Dues of 10,805.81
  • Of five liens files with Denton County Records
    last year, two liens have been released after
    receipt of monies due
  • 20 fee for each filing of lien
  • Liens have no impact on homeowner until owner
    decides to sell or re-finance property

6
Landscape Committee
  • Chairperson Eric McCully
  • At last years annual meeting
  • Announced plans to restore irrigation along FM
    3040 (cost split with Town of Flower Mound)
  • Obtained approval for 30,000 to be used for (a)
    new corner bed at Lake Forest and new
    corner/median beds at Towne View and (b) tree
    plantings along FM 3040
  • Since last years meeting
  • Restored irrigation along FM 3040
  • Installed new Lake Forest/Towne View beds _at_
    10,921
  • Obtained design, proposal, and Town approval for
    tree plantings along FM 304

7
Landscape Committee
  • Tree Proposal (w/o sales tax)
  • (41) 30-gal live oak, red oak, lb elm, little
    gem mag 13,675
  • (98) 15-gal crape myrtle 30-gal NS Holly
    16,671
  • (60) 3-gal pampas grass 1,339
  • Includes stakes, mulch, and two-year guarantee
  • Total plant materials 31,685
  • Bubbler irrigation tied to existing controller _at_
    8,315
  • Total 40,000 proposal (41,395 if split into two
    plantings)
  • Plant guarantee requires Valley Crest maintenance
    contract extension

8
Architectural Control Committee
  • Chairperson Claudio Forest
  • Architectural Review Applications
  • Only 7 formal applications received in FY2007
  • More work in completed in 2007 in our
    neighborhood than those (7) applications!
  • Increase Neighborhood Involvement
  • Make everyone aware of the bi-laws and
    neighborhood covenants that they signed upon
    closing for their properties.
  • Members of our HOA need to have their projects
    reviewed and approved for
    the benefit of all our residents.
  • Make sure that additions, sheds, fences, etc.
    meet or exceed our community standards as well
    as the City of Flower Mounds basic requirements.
  • Need for follow-up with members that do not apply
    for approvals or ignore the ACC
    recommendations.
  • Stern letters or site visits from members of the
    Board?
  • Turn the offending Members over to the City if no
    permit was issued?
  • What are the limits of our oversight?

9
Architectural Control Committee
  • TVE Community Rules Enforcement
  • Door Hangers / Reminders ?
  • Special mailings or continual notices in the
    newsletters or website?
  • How much and what should be enforceable ? A
    Constant Question
  • What are the limits of our oversight?
  • Architectural Control Committee Web Page
  • Webpage content for a better neighborhood
  • Issues
  • Would members of the HOA view a special ACC page?
  • What would be beneficial to our neighborhood and
    its residents to be aware of ?
  • Neighborhood input on content and seasonal issues
    ?
  • Make all forms and copies of the covenants
    available ?
  • Links to City Services, Departments, Suppliers,
    Vendors, etc. ?

10
Yard of the Month Program
  • Launched January 2007. Established to promote
    neighborhood appeal thru well-kept yards and
    thereby protecting our home investments.
  • One monthly winner will receive a 50 Gift
    Certificate to Calloways Nursery, a sign placed
    in their yard, and a photo of their home
    displayed on the TVE YOM web page.
  • Monthly winner is selected by Cheryl Jordan, TVE
    own resident realtor, and the current members of
    TVE Landscape Committee.
  • Benefits to all residents also include
  • Monthly Gardening Tips Coupon from Calloways
    Nursery
  • Complimentary CMA anytime upon request
  • Special TVE Discounted Realtor Commission when
    listedwith Cheryl Jordan, REALTOR.
  • For complete details, visit TVE website YOM web
    page

11
General Issues / Open Discussion
  • Maintenance of Associations Brick Screen Wall
    Fence
  • Repaired damaged panels and replace caps along
    Towne View Boulevard, FM-3040, and Lake Forest
    Boulevard
  • Paid ProofRock 5,843 for repairs
  • Other two estimates were over 15,000
  • Painted House Numbers on Curb for Entire
    Neighborhood
  • No Lights on Entrance Signage
  • Mail Delivery Issues
  • Financial Software Investigation / Management
    Services
  • Increase Member Participation in Association
    Activities
  • Relocate Entrance Sign at FM 2944 and Northshore
    Drive
  • Church Traffic Concerns

12
Actions Taken During Meeting
  • Elections skipped due to lack of volunteers
  • Approved funding to complete Landscape
    Committees Tree Proposal in single expenditure,
    including addition of bubbler system.

13
Meeting Action Items
  • Request made for HOA to contact city about
    streetlight at FM-2499 and Northshore Blvd that
    is not operational.
  • Venkata Boddu of 2313 Dana Drive to investigate
    possibility to adding gates to our community.
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