HIDDEN LAKE ASSOCIATION BOARD MEETING
Wednesday, June 15, 2022 - 6:30 PM
Rossi Hall
 
AGENDA
APPROVED 7/19/22
 
Attendees: Chris Vachon, President; Trevor Anderson, Vice President; Mikki Falcone, Recreation Director; Donna Moxley, Road Director
 
Unable to Attend:  Fern Fisher, Treasurer; Fred Pasler, Waterfront Director
 
Guests: Joe Traniello
 
Address needs and concerns of guests, if applicable.
Joe Traniello – no news
 

1. Acceptance of board minutes from May.  Approved as amended (Trevor/Donna)

 
2.Treasurer’s Report 

• Financials (rounded to nearest dollar):
  • Checking               
    • Due to maturity of CD and low rates at our current bank – we have moved the CD funds into checking temporarily while we establish a laddered CD at a bank with much better rates.  
    • The total funds in the account are presently $160,898 with pending deposits and payments of +1,058.
    • CD funds are $39,237
    • Checking funds are $121,661 (and pending deposits and payments of +1,057.76).
  • Waterfront             $ 10,535
  • Playground            $   2,808 
  • Rainy Day             $   4,953
  • Pre-Pay Savings    $ 28,682
  • Capital Expense    $   5,002
  • CD                        See checking notes above
  • TOTAL                 $212,878 (vs. $205,409 LY)
• Lien/Collection/Payment Plan Updates – Chris shared an update – all payment plans are current and Dunning letters went out on 5/25/22.
• Tax Updates (past and current) – Chris shared and update on our taxes – current taxes data is being prepared and next follow up with IRS on past taxes is in July.
• FY22 to FY23 Financial Transition – Chris shared an update on the FY transition.

 
3.Committee Reports

• Recreation Updates by Mikki
  • Pool + Pool House Current Status – pool opened Memorial Day, glitch last Thursday so we are on pause.  Joe + Chris worked through plumbing and hot water issues, still working on indoor showers.  Alex Chase hooked up the 4th camera.  One cleaner is working out well, coming a few days a week.  Solar Panels were supposed to be installed today but the installer is sick – will be back soon.
• Waterfront Updates by Chris (Fred unable to attend):
  • Hidden Pond Dam/Spillway Update – Chris shared and update from Fred on Dam Bureau.  Fred recommended that we vote on approving the funding of steps 1 + 2 for a max of $2,070.  The Board discussed and approved (Trevor/Donna), unanimously approved.
  • Joe shared mowing concerns about new stone down by the Waterfront will share concerns with Fred.
• Road Updates by Donna
  • Road Updates – grading is done, material being brought in for Kings Highway soon.
  • Road Sign Updates (Trevor) – the board discussed road signs.  Trevor emailed town administrator to follow-up.
• Legal (Chris) – Chris shared updates on outstanding legal topics.
• Violations (Chris) – the board discussed easement violations – Trevor to take a drive around neighborhood to look at these.
• Buildium Task Review (Chris) – Chris to follow up with Fred on waterfront task.

 
4.New Business

• June Member Meeting Agenda – the board reviewed and finalized the agenda for the June Member Meeting – Chris to post to membership today.

 
5. Unfinished Business and Other Updates

• Olde Home Days Parade (Mikki) – no updates, Mikki to discuss at June Member Meeting.
• Neighborhood Clean-up (Mikki/Tim Francis) – no updates.
• Bike Rack @ Kings Highway/Kennedy Brook – no updates, but Chris has followed up with member who suggested it.
• Temporary Seasonal Home Update – the board discussed this topic and will be looking for member guidance at the June Member Meeting.
• Secretary Recruitment Update – no updates.
• Emergency Response Committee Update – Trevor will be sharing an update at the June Member Meeting.

 
Next Board Meeting: July 19th, 2022 @ 6:30pm @ Rossi Hall
 
Board Meeting Adjourned at: 8:39pm

2022-06-15_board_minutes__approved_.pdf
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