Meeting Minutes

Meadows at Pagehurst HOA Annual Meeting - September 12, 2005

The meeting of the general membership of the Meadows at Pagehurst HOA convened on Monday, September 12, 2005, 7:00pm, Bethesda Elementary School.

Members present: Terri Cronan, Mike Dai, Michael Duclos, Robert Dye, Karen Dye, Alan Hensel, Harold Herrera, Martin Kalala, Stephen Little, David Mann, Jorge Negron, Brenda Negron, Jorge Pineda, Wendy Pineda, Juan Ramos, Tracy Thrall, Basil Udemadu, Ogochukwu Udemadu, Eric Watchous, Amy Watchous, David Young, Judy Young, Paul Zettek

Also Present: Representatives of Portrait Homes; Elaina Dinh, Anderson Homes Community Manager; Beth Plowman & Theresa Cathey, TLC Management of Raleigh

The first order of business was a presentation by Portrait Homes of the planned community proposed to be built off Page Road adjacent to Meadows at Pagehurst. There was some concern that these duplexes would affect the property values of the Pagehurst community. Since Portrait will be building duplexes they really would have no impact on existing homes. They would be in competition with the Pagehurst townhomes, however. There was also concern about the problems caused by construction. Page Road is scheduled to be widened which will be helpful. The Portrait reps said they are not selling to investment property buyers, so rentals would not be an issue. Their duplexes are priced at $161,000-180,000. Anyone in the Meadows at Pagehurst HOA desiring to visit a Portrait Homes community in Greensboro to view the product is welcomed to do so. Please contact their corporate office at 854-1959, or visit them on the web at www.portraithomes.com.

The HOA budget was the next order of business presented by Beth Plowman, TLC Management Accountant. A motion was made and passed that the Social Fund be designated for a Beautification Fund, which is for primary use in dressing up the common areas, playground/basketball court, and entrances. To save money, a motion was made to investigate the possibility of sending out the newsletter via e-mail or place it on the website. Priscilla Coleman, who currently does the newsletter would have to be contacted to see how best to accomplish this. There was a question about the fees paid to the landscape contractor. Some residents were of the opinion that the landscaping could be improved considering what has been paid to the contractor. TLC Management will send out bid packages to other landscape contractors and submit them to the Board for a decision. The management fees were increased to $65.00 per lot per year, and TLC Management outlined what the duties of the management company encompass. A motion was made and passed to ratify the 2006 budget.

Other business: TLC Management will speak to the developer, Satpal Rathie, concerning the entrance sign. The new entrance sign and monument is considerably more enhanced than the current entrance. There was much discussion on repairing the fence surrounding the playground/basketball court. TLC Management will talk to Mr. Rathie to inquire if he would be willing to pay for new fencing.

Election of new officers is as follows:

Paul Zettek and Terri Cronan will join the present Board officers, Dave Young and Priscilla Coleman. Dave and Priscilla will serve for one year, and either Paul or Terri will serve for two years. The other Board member will serve for one year. The Board should remit to TLC Management the offices that each Board member will hold for publishing on the website.

No other business was addressed or reported, so the meeting adjourned at 9:00pm.

Posted 9/19/2005 4:29:31 PM