Lakeview Terrace AssociationLVTA information and discussion

Apr 29th Annual meeting 05-01-16

Annual Meeting

Lakeview Terrace Association Inc.

Coventry Town Hall

May 1, 2016

2 PM

 Call to Order

 Roll Call

 Treasurer’s Report

 Secretary’s Report

 Tax Collector’s Report

 Beach Improvements

 

1. Boulder wall from boat launch/kayak rack area over to tree near jetty Install silt fence, excavate area for wall, removing excess material as needed. Install boulders, setting top height with lazer so top of wall is level. Back fill wall, grade top of wall area to a mowable slope. Grade beach area with sand right up to bottom of wall. Rake and seed all disturbed area/new lawn areas. Steps down to beach Install granite steps to beach between tree and end of boulder wall. Excavate, install aggregate base, compact, install steps

 

2. Excavate area, saving boulders, removing any excess material. Install boulder wall from steps out to jetty. This wall will have interesting areas that curve in to create small “private” beach areas, instead of just one curved row of boulders. Top height will be set with lazer. Back fill wall, grade top of wall area to a mowable slope. Grade beach area with sand right up to bottom of wall. Rake and seed all disturbed area. Create natural boulder steps from beach area up to jetty. Clear jetty of unwanted vegetation, re arrange boulders to create as much of a usable area on top of jetty as possible, making it easier to maintain. Spread topsoil, grade, rake and seed all new lawn areas and disturbed areas. Create small boulder wall on the right side of jetty (facing the water) Excavate area, removing excess material. Install boulder wall curving from jetty back to parallel with lake. Back fill, grade top to a mowable slope, grade bottom with sand, rake and seed new lawn/disturbed areas

 

3. Create a small aggregate path down to the far right beach area where boats are moored. Excavate area, using existing boulders to create a simple wall and allow for a sloped path down to mooring area from jetty. Install aggregate, grade. compact, rake and seed all disturbed areas. Create wooden steps from far right jetty down to beach area I have a few guys who could do this, as I think it would be a better solution than granite steps due to the tree roots and terrain. They could build the steps right over the terrain without disturbing it. This price is really just an educated guess, depending if you want landings on piers for support, or just let the steps rest on the beach. I can get a more accurate quote if you want to proceed with this part.

 

Finance options

1. .5 mil increase for 1 year. Balance from cash reserves. Work to be completed Fall 2016
2. Special assessment of approximately $170 per lot. A vote to change the bylaws will be needed to allow this. Taxes currently capped at 10 mill. Cash reserves not used. Work to be completed Fall 2016.
3. Special assessment of approximately $85 per lot. Balance from cash reserves. A vote to change the bylaws will be needed to allow this. Taxes are currently capped at 10 mills. Work to be completed Fall 2016.
4. ½ from treasury, ¼ mill increase for 4 years. Work to be completed Fall 2020

 

 

2016– 2017 Budget

 

 

Old Business

• State Marshall Revisit after liens
• Signs, will be ordered soon, no dogs, no fishing, do not enter.
• Boat stickers: look into for next year
• Any other old business as appropriate

 

 

New Business

• 2 New Picnic Tables.
• Bulletin Boards need to be put up
• Beach Clean Up New buoys/rope
• Porta potty
• Any other new business as appropriate

 

 

Election of Officers

 

 

Adjournment

 

 

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