OF THE BOARD MEETING OF THE
VILLAGE SQUARE OF TITUSVILLE
CONDOMINIUM ASSOCIATION, INC.
MAY 8, 2015
Call to order: The
meeting was called to order at 12:00 pm in the clubhouse.
Board members present were President Brenda Dowd, Secretary Betty Conant
and Treasurer Dennis Filler. Michelle Davis with Reconcilable Differences
was also in attendance. Approximately 8 residents attended.
Approval of Minutes from
January 23rd Organizational Meeting: Betty made a motion to approve
the minutes as written and posted on the website. Dennis seconded
this motion, and all were in favor.
Michelle stated that as of April 30th, the Association has $62,039 in the
Operating Account and $248,026 in Reserves. The accounts Receivable are
at $26,000, but that is made up mostly of just the two last foreclosure
properties. #249 is now owned by FNMA. The Association will have to write
off about $15K, but the bank is now responsible for all costs. The Association
is $2,661 under budget year to date.
Dog Walking & Pickup: Doggie
DNA was discussed last year and may have to be discussed again, because
we are having problems with residents not keeping the animals leashed or
cleaning up after them. Please be vigilant and care about how your animal
Sod / Plant Replacement: Betty
stated that irrigation is being modified and repaired now, and specific
areas will soon be sodded and mulched.
Window Washing Update: Brenda
stated that the work will be done in 2 weeks. Five units have already signed
Owner Input: None.
Rental Amendment Discussion:
Some residents want to limit rentals for a couple reasons. If rental percentages
are too high, it is hard to obtain new mortgages. Others feel that a high
rental population causes more problems with residents following the rules.
Michelle was asked her opinion. She stated that some associations have
amended their documents to not allow any rentals, still others have requirements
to keep the percentage of renters under 20%. The negative side of this
restriction is it makes it extremely hard to find buyers and can cause
current owners problems if they need to rent their units and move away.
The Board agreed to bring this up at a later date if the renter problems
increases, and their option would be to vote that no future buyers are
allowed to rent their units, but it would not affect current owners.
Security Lights: Betty stated
that some areas are very dark at night; especially at the entrance off
Harrison. There were some issues with non-residents sitting on their bikes
near units, just watching. There was also some vandalism; a screen was
cut. The Board asked that if you see something suspicious, call 911 or
the non-emergency number. The police do not mind driving through the neighborhood
and would support a neighborhood watch. Betty motioned to use operating
funds to add at least 2 more outdoor lights to help with safety. Dennis
seconded, all in favor.
Set Next Meeting:
The Board agreed to a Friday afternoon in September, to be decided later.
being no further business, the meeting adjourned at 12:25 pm.
Michelle Davis, LCAM #17226