Lake Interlochen HOA Board Meeting
March 5, 2018 @ Sobel residence
ATTENDING: Ralph Sobel, Ken Seipel, Dot Wightman, Dan Clement, Brenda Cubbage, Bruce Turner, Nancy Weaver, Roger Pendleton, Chris Slauter. ABSENT: Bryan Keathley.
Meeting called to order at 7 p.m. Minutes of last meeting,
January 9, 2018, were approved.
All officers and committee chairs agreed to continue serving in their respective roles: Ralph Sobel as President, Nancy Weaver as vice president, Bruce Turner as treasurer, Roger Pendleton as Secretary.
Architectural Committee: Brenda Cubbage as chair, with Dot Wightman and Chris Slauter. Water Committee: Ken Seipel as chair, with Dan Clement, Roger Pendleton and two non-board members.
Director Cubbage reported the Architectural Committee denied request from Westwood residents for fence and gate project exceeding height of six feet, as per HOA Protective Covenants approved by HOA members.
Secretary Pendleton reported final updates on the 2018 edition of the Interlochen Directory were in progress and distribution would be this month.
Treasurer Turner reported total HOA assets as of February 28 were $165,612, expenses in first two months of 2018 were normal, HOA dues of $5,500 is due from 15 members and that $40,000 was moved into our money market account, which increased the interest the HOA is earning from 0.40% to 1.25%. The HOA insurance policy was renewed.
Director Seipel reported removal of two large floating tree trunks which would have caused major damage to boat motors and props, installation of warning tape and reflectors to partially submerged trees off Montreau Court, and repairs to the Middle Channel fountain included replacing the motor and increasing the amps on the GFI timer. So now all three fountains are functioning, lake levels are normal and water quality is good – and spring is just around the bend.
Directors approved funding for once again stocking the lake with tilapia for algae control. Price is $1,485 for 135 pounds; delivery expected late April.
Next board meeting was scheduled for May 14.
Meeting adjourned at 9 p.m.
Minutes submitted by Roger Pendleton, March 7, 2018