Lakeview Terrace AssociationLVTA information and discussion

May 6th Annual Meeting minutes 05-06-2012

Lakeview Terrace Association, Inc
Annual Meeting
May 6, 2012

Meeting was called to order by President Ray Chicoine at the Coventry Town Hall at  2:07 pm  Board members present were Bob Allison, Pat Halpin, Mike Martin, Christina Pierce, Marcia Roy and Scott Tweed.

Roll call of Board Members took place.

Treasurer’s Report: Checking Account Balance $6,594.14. Savings Account Balance $292.52, CD Balance $15,417.32, Grand Total $22,303.98.

Tax Collector’s Report:  Total 2011-2012 Taxes Billed $13,389.12

Collected:                                                                $13,066.48
2011-2012               $11,956.71                   85%
Prior Years Taxes & Fee         1,849.16
2011-2012 Credit                        202.38
Prior Years
Collected Taxes                          813.64
Prior years interest & fees          491.42
Bounced Fee                                 10.00

Refund                                                           24.00

Uncollected 2011-2012                   6,657 92
Current Year Unpaid               1,984.05                15%
Current Year Interest & Fee       853.36
Prior Years Unpaid Taxes       2,296.59
Prior Years Interest & Fees     1,523.91

Secretary’s Report: Minutes of the May 1, 2011 Annual Meeting and the March 25, 2012 Board Meeting were handed out, read and accepted.

2012-2013 Budget
:
Taxes & Insurance                                  $6,875.00
Association Operating Expenses                   670.00
Association Beach                                      3,500.00
Road Turnover                                               600.00
Total                                                        $11,645.00

In 2011-2012 Budget $400.00 was allocated for Canoe/Kayak Rack and $300.00 was allocated for Buoys and additional $400.00 will come out of this years.

Old Business:

Crestwood Dr. has been recommended for acceptance to the Town Council by Todd Penney Town Engineer,

New Business:

Boat and Mooring Policy following lengthy discussion mooring of boats will remain on a first come first serve bases. Much discussion took place regarding stickers for LTA Boats this was tabled.

Beach clean up will be done in 2 Phases
1) May 12 at 2:00 pm steps to be cleaned beach to be raked.
2) May 19 at 9:00 am picnic tables to be moved, buoys to be put in

Other new business Susan Christian a tenant at 63 Lakeshore Dr asked for permission
from the  LTA Board for a curb cut for a driveway. A motion was made to allow a gravel driveway the Town of Coventry Engineer, Todd Penney, must approve the location and drainage before construction. When driveway is being installed holes in front of 63 Lakeshore must be filled. This motion was tabled until more information is received from the Town Engineer.

Next LTA Board Meeting will be June 10, 2012 at 4:00 pm on the beach.

Election of Officers:

Ray Chicoine and Christina Pierce have been re-elected to the Board.

Michelle Pierce has been elected to serve as an alternate member.

Meeting was adjourned at 3:10 pm

Board Meeting took place immediately following regular meeting:

Officers are:
President            Mike Martin
Vice President            Bob Allison
Secretary            Pat Halpin
Treasurer/Tax Collector    Christina Pierce
Board Members        Ray Chicoine, Marcia Roy, Scott Tweed
Alternate Member        Michelle Pierce

Meeting Adjourned at 3:24 pm

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