Lakeview Terrace AssociationLVTA information and discussion

May 1st Annual Meeting minutes 05-01-2011

Lakeview Terrace Association, Inc
Annual Meeting
May 1, 2011

Meeting was called to order by President Mike Martin at the Coventry Town Hall at  2:06 pm  Board members present were Bob Allison, Ray Chicoine, Pat Halpin, Robin Oleskewicz, Christina Pierce, Marcia Roy and Scott Tweed.

Roll call of Board Members took place.

Secretary’s Report: Minutes of the May 2, 2010 Annual Meeting and the January 27, 2011 Board Meeting were handed out, read and accepted.

Treasurer’s Report: Checking Account Balance $4,954.65. Savings Account Balance $2,712.54, CD Balance $15,247.95.

Tax Collector’s Report: 159 Accounts, 139 Paid, 20 Accounts Unpaid

Collected:                                                                $14,008.25
2010-2011:           $11,956.71
Prior Years Taxes & Fee         1,849.16
2011-3012 Credit                        202.38
Waived                                                                       579.83
Current Year                               299.60
Prior years interest & fees          280.23
Uncollected                             3,937.46
Current Year Unpaid               1,711.81
Current Year Interest & Fee       507.69
Prior Years Taxes & Fee         1,717.96

2011-2012 Budget
:
Taxes & Insurance                                  $7,475.00
Association Operating Expenses                   585.00
Association Beach                                      2,600.00
Road Turnover                                            1,500.00

Total                                                        $12,160.00

Old Business:

The following road should be turned over to the Town of Coventry at the Town
Council Meeting on 5/3/11, Hickory, Hilltop, Juniper, Laurel and Maple. The Town Attorney has already approved the turnover.
Crestwood will be the only remaining road that we have to work on before it can be turned over. We will need to have the end surveyed for a right to pass and a description filed with the Town Clerk.

New Business:

Discussion took place to place a barrier on Lakeshore Dr to prevent cars from parking on it. It was decided not to for insurance reasons.

Beach Clean UP will be 5/15 at 10:00 am a $100.00 was approved from the Social fund for food and drink following the clean up.

Election of Board Members:

Pat Halpin and Ray Chicoine were reelected.

Meeting was adjourned at 3:25 pm.

Board Meeting took place immediately following regular meeting.

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

Meeting was adjourned at 3:33pm

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