Herndon Woods Homeowners Association
Board of Directors Meeting Minutes
February 11, 2014
Members present: Abdul Manraj, Brian Lem, David Nolan, and Tara Reddy
Management Company Representative present: Bob Smith
Call to Order
The meeting was held at the Herndon Fortnightly Library and called to order at 7:01pm.
Approval of Minutes from Previous Meeting
The minutes from the September 17, 2013 meeting were unanimously approved.
1. Bob Smith of TSG will contact the Town of Herndon Arborist for landscaping recommendations.
Current Management Issues
1. 719 and 729 HWC have multiple delinquent dues. Legal action will proceed if balances remain unpaid as of April 1, 2014.
For calendar year 2013, expenses were $540 above the budget forecast, but income was $2,583 above the budget forecast due to prepayment of HOA fees and the recovery of legal fees. For calendar year 2014, expenses incurred to date are 7% of the annual budget. Snow removal expenses may adversely impact the 2014 budget.
Current Maintenance Issues
1. The Board approved a recommendation to combine both Snow Removal categories (by machinery and hand shoveling) into one category, Snow Removal Expenses.
2. The Board approved the financial reports that were presented during the meeting.
The next meeting will be Tuesday, June 3 or June 10 at the Herndon Fortnightly Library (depending on conference room availability).
The meeting was adjourned at 8:01pm.