Mar Cheri Minutes
March 12, 2018
The meeting was called to order by President Schiewetz. In attendance were board members Sugiuchi; House; Mesick; Isaacson; Bengeult; and Salton.
The following topics were discussed:
- The pool work is approved by the County Public Health Department. Schiewetz will follow up on an additional bill for pool work.
- During the inspection of the trees on the pool lot, Board members Sugiuchi Bengeult encountered a neighbor outside Mar Cheri who assumed she owned a portion of the lot. It was agreed that the lot should be surveyed to identify boundaries and existing trees within the boundaries that will determine how many new trees need to be planted and will allow the board to protect Mar Cheri property from adverse possession. Once bids are obtained, a motion to survey will be presented to the board before proceeding. Sugiuchi and Bengeult will work with the City to identify appropriate trees before replanting the lot.
- Treasurer Bengeult reported that he will email the February Treasurer’s Report to the board. This has been done and is attached herein. He reported that there is only one homeowner with delinquent dues as of February. Only five or six homeowners have indicated that they would like to pay annual dues in monthly installments.
- A maintenance report was not presented. Board Member Schiewetz announced a plan to identify a skilled maintenance person to help/back up Maintenance Chair Obermark
- The draft rules governing pool parties in excess of the four specified in the pool rules was reviewed. A prior draft was discovered and will be sent to all Board Members in order to finalize the new rules. Board members will review the proposal and comment directly to Mesick and Salton.
- Volunteers to open/close the pool for the summer are being sought. Two potential candidates were discussed and will be interviewed.
- Discussion of the entrance lighting was postponed to the next meeting due to the absence of board member Saballa-Davis.
- No new welcome packets were distributed in the past month.
- Board Member Salton asked if she could transplant day lilies from her yard to the picnic area. There were no objections.
- The lending libraries are nearly ready.
- The Treasury audit is under way. A new Treasurer will be sought to train with Board Member Bengeult prior to his move away from Mar Cheri.
- The Hospitality committee proposed the following events:
- Pool cleanup work party May 19
- June Garage Sale
- Independence Day party (4th of July)
- August Night Out (with the Police)
- Next meeting is scheduled for April 9th at the Saballa home.
There being no further business, the meeting was adjourned.
Respectfully submitted,
Laura House
Secretary
Mar Cheri Community Club STATEMENT OF FINANCIAL POSITION
As of March 31, 2018
| TOTAL ASSETS | |
| Current Assets Bank Accounts Checking Account | $40,626.20 |
| Reserve (Savings) Account | 5,062.72 |
| Total Bank Accounts | $45,688.92 |
| Undeposited Funds | 320.00 |
| Total Current Assets | $46,008.92 |
| TOTAL ASSETS | $46,008.92 |
| LIABILITIES AND EQUITY | |
| Current Liabilities | $0.00 |
| Total Payroll Liabilities | 0.00 |
| Total Other Current Liabilities $0.00 | 0.00 |
| Total Liabilities | $0.00 |
| Equity Opening Balance | |
| Equity | $21,697.26 |
| Retained Earnings – | 5,542.12 |
| Net Revenue | 29,853.78 |
| TOTAL LIABILITIES AND EQUITY | $46,008.92 |
| Mar Cheri Community Club STATEMENT OF ACTIVITY
March 2018
|
|
| TOTAL | |
| Revenue Membership Assessments | $30,819.37 |
| Special Assessments | 65.63 |
| Unapplied Cash Payment Revenue – | 1,050.00 |
| Total Revenue | $29,835.00 |
| GROSS PROFIT | $29,835.00 |
| Expenditures General and Administrative | |
| Dues & subscriptions | |
| QuickBooks Payment Fees 57.14 | $29,835.00 |
| Supplies and Services Postage And Delivery | 50.00 |
| Total General and Administrative | 107.14 |
| Landscape Expenses Annual Contracts | 330.00 |
| Pool Expenses Repairs & Maintenance | |
| Service Contracts | 198.00 |
| Supplies & Materials | 114.25 |
| Total Repairs & Maintenance | 312.25 |
| Utilities Pool Gas and Electric | 430.43 |
| Total Pool Expenses | 742.68 |
| Professional Services – Attorney | 210.00 |
| Utilities Streetlights | 296.52 |
| Total Expenditures | $1,686.34 |
| NET OPERATING REVENUE | $28,148.66 |
| Other Revenue Fines – | 35.00 |
| Interest Earned | 0.09 |
| Total Other Revenue | $ -34.91 |
| NET REVENUE | $28,113.75 |