The Official Newsletter of the Lake of the Woods Association, Inc. Vol. 20, No. 10
540.972.2237
LOWA.org
LOWA Annual 2022 Board Election Certification of Ballots by Rick Rappoport, Secretary, Board of Directors and Leighton Cumming, Chair, Elections Committee
On September 5, the Association held its 2022 Annual Board Election. Sufficient votes were cast to create a quorum. However, the difference in votes cast for two of the candidates was less than 20. Per the LOWA Bylaws, “The Elections Committee shall count the votes at the close of the election. A recount of the votes shall be required if there are twenty (20) or less votes between candidates when the outcome could change the results of the election, and shall be done immediately following the first count.” A re-count was completed on September 5, 2022, by the Election Committee in partnership with LOWA’s trusted vendor Vote-Now.com. The final results of the election are below. Total Valid Weighted Ballots Cast: Total Weighted Ballots Cast Abstentions Proxy No Shows Invalid Ballots Invalid Ballots Cast- Not in Good Standing
1,095.90 -5.00 -4.00 -4.00 -12.00
Total Ballots Removed Total Valid Weighted Ballots Cast
-25.00 1,070.90
Number of Valid Weighted Ballots Cast for: Leif Henecke William (Bill) F. Kay Vassa Olson Clifton (Cliff) D. Wilks Valid Weighted Ballot Breakout: Phone Ballots Paper Ballots Electronic Ballots Total Valid Weighted Ballots Cast
770.90 876.24 595.99 593.57 7.00 126.00 937.90 1,070.90
Congratulations on a successful election to our newest Board Members (L-R): Leif Henecke, Bill Kay, and Vassa Olson. All will serve a three-year term.
General Manager's Report 1 Board Agenda 2 Association News 2 - 10 Board Minutes 3 Honor Awards 6-7 Calendar 11, 12 Viewpoints 18 Orange County 25 Classifieds 26 - 27 Employment Opportunities 27
/LOWAssociation
September 9, 2022
General Manager’s Annual Report 52nd Annual Meeting Community Center Lake of the Woods Association, Inc. September 5, 2022
by Phillip L. Rodenberg, General Manager, CMCA®, AMS®, PCAM®
Good morning! It is my honor to stand before you for the 11th time as your General Manager to present the Annual Report to summarize the year and discuss future challenges. We are four months into the 2022/2023 fiscal year. LOWA’s overall financial performance shows we are off to a good start versus budget, and our financial condition remains solid. As of Aug. 31: • Assessment collections are on target with 81% collected. • Balances in the four Reserve Funds total $5.9M, and Reserve Cash is adequate to cover this year’s remaining capital spending requirements of $4.7M, including loan repayments related to the Clubhouse Area Recreation Complex Project. • Current loan balance for the Clubhouse Complex Project stands at $1.7M. • Operating Cash stands at $3.1M. Assessment delinquency rate for the fiscal year that ended in April is 1.5% again this year. Through the Finance Department and Collections Attorney diligence, we have whittled down that rate to under 1%. Compare this to the industry standard of 5%, and you have evidence of a financially healthy community.
See GM Annual Report on p. 3
LOWA would like to thank outgoing Board Members (L-R): Pete Brown, Jennifer Zukowski and Cliff Wilks for their service to our community. Thank you for your commitment to our Members!
Sat., Sept. 10 LGA Community Fall Fun Day 1-4 PM, Woods Center
Sept. 13, 14, 15 LOWA Board Retreat 9 AM, Clubhouse
LOWA Website Links TEKControl (Visitor Management) LOWA.ORG/TEKCONTROL
Intro Yoga Workshop 11 AM, Sweebriar Pavilion area
Wed., Sept. 21 LOWA Regular Board Meeting 2 PM, Community Center, Zoom
LOWA Communications: LakeCurrents@LOWA.org WebSupport@LOWA.org
Sun., Sept. 11 Hunter Horse Show 9 AM, Equestrian Center Soggy Doggie Swim 1-3 PM, Sweetbriar Pool
Tues., Sept. 27 Planning Committee Town Hall Proposed Capital Plan 7 PM, Clubhouse, Zoom