CALL TO ORDER
& VERIFICATION OF QUORUM
The meeting was called to order at 7:00 p.m. by
President Jason Johnson. Also present were Board members Ross
Fife, Sheila Haulter, Al Holowinski, Mark Kramer (Vice President),
and Clyde Simmons (Treasurer). Also present was John O'Connor
of Pristine Communities, Inc. Board member Mark Richards was absent.
President Johnson noted there was a quorum.
APPROVAL OF JUNE 12, 2002, MINUTES
Motion was made, seconded, and passed unanimously
to approve the June 12, 2002, minutes. The minutes will be posted
on the website.
HOMEOWNERS FORUM
Directory Update-A status update for the directory
was postponed to the next meeting.
Entry Sign Relocation Action Plan Update-Ms. Simmons
provided the board with a progress report for the entry sign relocation
action plan, as follows:
- An application for a sign permit and a copy of the regulations
relating to the construction and approval process for the sign
has been obtained.
- Contact has been made with Bob Watts, Castle Rock Public Works
Director. Mr. Watts plans to make an on-site visit to the proposed
location (in the median strip between the last street in the U.S.
Home subdivision and the Champions Court entrance). Additionally,
Mr. Watts has indicated that materials for the proposed sign are
acceptable, with lighting and no water feature. A schematic drawing
of the sign will be needed for bid and application.
- The proposed sign will be a 4-foot high rock wall, with lettering
in the front, low voltage lighting, and perennial landscaping,
at an estimated cost of $5,000.
President Johnson requested that Ms. Simmons contact
the board and/or Mr. O'Connor for any meetings scheduled with
Mr. Watts.
In response to a question by Ms. Haulter, Mr. O'Connor
advised that the U.S. Home subdivision is a part of the Plum Creek
North Master Association.
The homeowners forum was closed.
MANAGEMENT REPORT
Mr. O'Connor reviewed key points of the June 2002
financial statements, as follows:
- Income year-to-date $66,700 budgeted $66,600 actual
- Operating expense year-to-date $70,500 budgeted $44,200 actual
- Net operating income (loss) year-to-date $(3,800) budgeted $22,400
actual
Mr. O'Connor noted that modifications currently
being made to the boulevard would cost approximately $20,000,
which would reduce the current net operating income by that amount.
In response to a question by Mr. Fife, Mr. O'Connor
clarified that the Castle Rock Bank money market account was comprised
of annual dues payments. As needed, funds are transferred to the
operating account, and checks are then written out of the operating
account.
Delinquencies-Mr. O'Connor provided the board with
a list of homeowners who are more than 60 days delinquent. In
addition, he said that a judgment has been obtained against a
serious delinquency and the owner's wages are being garnished
to collect the amount due.
OLD BUSINESS
Status of Repairing Existing Water Feature-Mr. O'Connor
reminded the board that a previous bid for a complete renovation
of the water feature was $50,000. He then reviewed a proposal
submitted by Cascade Waterscapes for a modified renovation of
the water feature for $28,000. This modified approach would decrease
the overall size of the water feature to where the water currently
comes down, forward. It would include a steel and gunite lining
(similar to a swimming pool-type finish), a new pump, an ozonator,
and a reconfiguration of the rocks.
Mr. O'Connor added that both Councilman Herb Teets
and Stan Brown, the former public works director, had previously
indicated the Town of Castle Rock had no plans for a left-turn
lane at this intersection. Mr. O'Connor advised that the board
request this information in writing.
President Johnson explained that this was one of
several options that would be considered regarding the water feature.
After all options and bid proposals are submitted, this matter
will be presented to homeowners for a vote.
Status of Players Club Estates ARC Issue-It was
noted that the architectural request regarding construction on
Champion Circle had been satisfactorily resolved. Ms. Simmons
stated the desire of the Players Club board to obtain a revised
construction schedule for completion. President Johnson suggested
she discuss this matter with Mr. O'Connor.
NEW BUSINESS
Status of Revised ACC Guidelines and Parking Issues-Mr.
O'Connor reported that he has not yet received a legal opinion
from attorney Rich Johnston regarding these matters. These two
issues were postponed to the next meeting.
ADJOURNMENT
At 7:40 p.m., a motion was made, seconded, and passed
unanimously to adjourn the meeting.
NEXT BOARD MEETING-Wednesday, August 14, 7:00 p.m.
at Plum Creek Country Club, in the Plum Room.