LAKE OF THE WOODS COMMUNITY CLUB
Board of Directors Meeting Minutes
September 9, 2024

Key Peninsula Civic Center Whitmore Room

Meeting was called to order at 6:02pm

Board Members present – Anna Hernandez-French, Katelynn Graham, Jason Steinbrecher, Karen Gore, Frank Benson, Barbara Dommert-Breckler

Board Members absent – Dave Tyler, Garret Lebby

Community Members – Tiphany Lopez-Steinbrecher, Ed Neilson, Carl Halson, Missie Halson, Keith Burke

August Minutes accepted.

Kieth Burke voted onto Architectural Committee. MMSP

Reports:

President

• No report

1^st Vice President (Water System + 2^nd Vice President, Maintenance)

• Working on Well 2
• Community always in need of volunteers

Secretary

• No report

Treasurer

• EN has community and water debit cards
• Lot 97 will have a payment plan coming but not yet officially filed

Committee Reports:

Compliance

• KG sent templates for three compliance letters to board members so all board members are familiar with them if contacted about them by a community member
• Compliance Committee could use more people, especially people with computer skills
• Missie Hodson volunteers to join Compliance Committee

Events

• Pickleball tournament
• About a dozen attendees, fun
• Halloween Decoration Content
• Announcement to come
• Judging will happen at night
• Prizes will be Fred Meyer gift cards – amounts to be confirmed

New Business:

• 2025 Budget
• Line-item amounts determined by comparing 2024 YTD spend vs. 2024 budget
• Reserve removed as a line item because the community has funded the reserve at 109%, so no need to have assessments adding to the reserve this coming year
• Reserve study removed as a line item as it is not needed this coming year
• Removed well house 2 generator
• Added in $200 for community posting board
• $50K added for property maintenance – work that DT and EN used to do for free – total line item is $61,800 which accounts for current budget, added $50K, and snow removal funds
• DT and EN putting together a list of needed skills for property maintenance position
• Compliance costs increased by 3%
• Annual dues will increase by $18.13 to $624/lot/year
• Proposed 2025 budget approved for submission to community for vote at 2024 annual meeting in November, MMSP

Old Business

• Credit Card
• All community CDs are or will be with Kitsap Credit Union, and they offer a points system with their card – LOTW has a great relationship with this bank
• BECU offers 1.5% cash back with their card
• Board moves to get a credit card from Kitsap Credit Union with ah $10K limit, MMSP

Discussion – LED streetlights

• 14 streetlights currently use LEDs which are cheaper and more energy efficient
• EN gathered all the streetlight numbers for KG to send to PenLight to request they all be changed to LEDs
• There is no charge to change
• PenLight may be in break of contract on water pumps and will be a matter for discussion at a future meeting

Adjourn meeting at 6:55 pm

Minutes submitted by Secretary Anna Hernandez-French

Good Afternoon,

This year the Annual meeting will be held at the Key Civic Center on November 3^rd, 2024. The address of the meeting place is 17010 S Vaughn Rd NW, Vaughn, WA, United States, 98394

The meeting will start promptly at 1pm and is scheduled to end at 3pm. All members are invited to attend and participate. Feel free to contact Karen Gore, our always giving HOA president, if you would like some time allotted to you for business pertaining to the Lake of the Woods Community.

See this POST in Facebook.

Chuck