Meeting Minutes

Minutes of the Townhouse Villages at River Woods HOA

Annual Meeting

Monday, June 24, 2019 – 6:00 pm – Mary, Mother of the Church, Burnsville


Call to Order: By Marilyn Jenkins, Board President at 6:00 pm. Board members introduced themselves by name and unit number.

Quorum: (10%=33 units) we have reached a quorum with more than 33 units by proxy or in person at the start of the meeting.

President: Thank you for taking the time to come to the 2019 Annual Meeting.

Units represented in Person: 10, 19, 20, 23, 25, 49, 59, 70, 71, 90, 96, 126, 135, 149, 150, 156, 166, 174, 183, 196, 201, 203, 210, 222, 230, 240, 245, 250, 262, 263, 264, 266, 267, 270, 275, 277, 278, 282, 285, 286, 291, 308, 311 and 321

Units represented by Proxy: 322, 333, 276, 225, 226, 254, 200, 209, 218, 219, 220, 142, 173, 109, 116, 128, 54, 72, 79, 81, 93, 14, 17, 29 and 47

Others Present: Loren P., Grounds Manager; Kimberly G., GM; Sarah M. Assistant and Julie E. and Holly S. from Kraus Anderson Insurance

Election of Board of Directors: KG/Committee

  • Call for nominations from the floor.
  • There are no nominations from the floor.
  • Kimberly called to close nominations from the floor.  Motion 263 Alice, 285 Betsy seconded to close nominations from the floor. Approved
  • Kimberly called for collection of Ballots.
      • Election Results:    April Bowen, Kevin Krech and Don Picard are elected  for a 3-year term. Congratulations!
                                            A  big Thank You to all Board members for your service on the Board!

Master Policy Insurance presentation by Julie Ertz of Kraus Anderson Insurance.
  • Insurance was sent for bidding in May. We are expecting proposals in beginning of August. The market is currently running with a 12-18% increase. There will be a letter going to all owners shortly that will ask you to provide the most current mortgage information on your townhouse.

Insurance coverage currently is:

Agent -Kraus Anderson – “All In” coverage $5000 Deductible $15,000 water/sewer deductible

In need of Certificates - call Elysia 952-707-8220

Claims - call Lori 952-707-8218 – For all claims, call the River Woods office first.

For dissatisfaction with claim response or service, call the HOA office. Each homeowner should carry an HO6 for contents/upgrades/deductible of $15,000.

 Julie discussed what the master policy covers property value, liability for common areas, pool, automobiles, additional equipment, workman’s comp, crime (association theft), directors/officers and umbrella liability. Julie explained that River Woods has a very limited market for their type of risk due to such cost factors as: age of structures, density of units, vast acreage and pool. As there have been minimal claims at the present time, Julie estimated an increase high single digit for next year. She reviewed HO6 policies, which cover owner’s belongings, owner’s liability, improvements and betterment's vs standard grade construction and should have loss assessment endorsement (gap between HO6 and master policy deductibles). Current deductibles: $5,000.00 per occurrence, except for water damage, for which the deductible is $15,000.00. Each homeowner is responsible for purchasing their own HO6 policy. The HO6 policy should include the contents you move in with as well as the cost of improvements you have made to the unit beyond contractor grade material. October 1st renewal of the master policy, invoicing to be sent first week of August. Letters to homeowners to verify information for insurance purposes will be mailed out next week. The Board has a policy in place that the master insurance policy is not provided to owners, rather a Certificate of Policy Insurance will be sent to each homeowner. Please retain it for your own records. Any questions regarding our master insurance coverage should be directed to the HOA office and the Kraus Anderson agent as needed.

 Maintenance Overview: Loren P

  • Pool – how did start up go
  • Asphalt – Big project in 162-213, it will be done ½ in 2019 and the other half in 2020.
  • Sport Court rejuvenation – completion by the end of this week.
  • Roof replacement - we completed 4 buildings this spring. Next round will be next spring.
  • Pond treatment plan- Once level lowers, they will be treating.
  • Painting and power washing- Review the facts and how it is going. Power washing does not destroy wood siding. Rotted wood break ups when power washed. If the wood is that rotted it is way past the time to repair. Many comments of “look what the power washers did”  – however it should be “look at all of that rotted siding.” This process will hopefully lead to buildings that hold their paint and repairs made timelier by owners.
  • Recycling guidelines reviewed.

 GM Report: By Kimberly G

  • Legal- There is no pending litigation for or against the association currently other than the collection of fees.
  • Delinquencies- Past-due assessments (fees-late charges-fines-legal-court ordered) past due - effective 6/24/2019 3pm of business day. Include the following units past due more than current months assessments: 12, 71, 86, 102, 110, 112, 118, 129 and 265

1.      Total money owed as of today is $12,991.99 which is #9 units with a balance beyond this month’s assessments. LY same time $ 33,593 which is # 21 units

2.      Monthly assessment currently is $299.00 per month per unit. Our fiscal year runs from November 1st to October 31st.

  • Night to Unite Volunteers Needed – will be not be held -we had 1 email and three who called but never sent the email. 2020 we would like to do this for owners – however we need people on it early. We would like volunteers for a committee 10 plus people dividing up responsibilities and this should begin in March. Volunteers are to send an email by January 31st, 2020 and the committee will have first meeting in March.

 Q&A – Questions were asked throughout the meeting during agenda topics.

 A HUGE thank you goes out to the Board and the committees for their service, time and dedication to the Association and to continually make decisions based on the WHOLE Association and not just one unit or area!

 Board positions will remain the same until the next Board meeting.

 Adjourn: Motion 263 Alice, 25 Sarah seconded to adjourn the 2019 Annual Meeting at 7:40 pm. Approved

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