APPROVED- MINUTES OF SEMI-ANNUAL MEMBERSHIP MEETING, OCTOBER 17, 2020 VIA ZOOM POA President Jim Clark Begins the meeting at 9:02 am by introducing Board of Directors, Community Manager and Administrative Assistant. Ron Triani, Mark Ossont, Elmer Hertz, Rosemary Kucharski (PP), Brian Faller, Bob Russo, Sandra LaPorte and Grace Zoccali are in attendance. Community Manager Ralph Graf and Administrative Assistant Elisabeth Muller are also in attendance. Ron Triani, Treasurer: Tanglwood Lakes is in terrific financial shape with a solid reserve fund. Treasurer’s Report October 17, 2020
Money Market Operating Special Fund New Capital Contractors Total all Dime accounts
$ 75,943 47,855 40,000 135,974 10,863 $310,635
NBT Balance
$230,909
Vanguard
$784,969
PNC Balance
Cash posit ion 9/30 Chalet Mortgage Balance- Receipts for 2020: Homes Lots Docks
Cash Disbursements to date
$254,804 97% 77% 100%
Spending for Operations in September was $6892.00 below the projected spending of $76,213. Large expenditures in September were $5,248 Govs., Bylaws & Rules Printing; $4,874 Clorox 360 Disinfect. machine; $1,600 30day letters; $1,355 Guard rail balance, $1,238 Legal Fees.
Reserve Spending: $2,402 Lake inlet/drain; $2,544 Loan payments New Capital Spending: $0.00
Motion by: Brian Faller Second by: Grace Zoccali
To approve the minutes of the October 2019 SemiAnnual Meeting. The motion passes unanimously. Ralph Graf, Community Manager: COMMUNITY MANAGER’S REPORT
I want to take this opportunity to provide the members with an update on activity in the community. We benefited from an exceptionally light winter that had a positive impact on our snow plowing budget. We purchased a 35 hp multi- purpose leaf Vaci blower that will be used to clean out ditches. This item was approved in the 2020 budget. The Community Center was given a face lift in the form of vinyl siding. We
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We hired the Geese Police to address the situation with the geese on the beach.
The road paving was completed at the most desirable time. The paving contractor replaced cross over pipes and did additional ditch work to protect the lifespan of roads in identified areas. The Board authorized a Road Survey that was performed by an engineering firm that identified paving priorities. The paving was completed under the approved $200,000.00 Budget.
$402,645
$642,708
installed new stainless- steel chains and anchors. The TLCA staff made repairs to the walkways. There was a Marina Sub Committee formed to discuss improvements on the TLCA Docks. The committee will report back to the Public Works Committee with their recommendations.
The beach was closed for approximately one week as a result of a high Ecoli reading. The water samples are tested by an outside lab and the results are forwarded to the PA Department of Health. We ordered signs regarding social distancing and that certain amenities would be closed to conform to the Governors mandate.
$ 28,790
$1,003,690 156,222 113,319
As we moved out of the CV 19 red designation regarding the Virus the docks were installed on the big lake prior to May 15th• An outside contractor was hired and he
We purchased a new Safety Vehicle a 2020 Subaru Forester. This purchase was recommended by the Budget and Finance Committee and approved by the Board of Directors. The Safety Officers have been outfitted with new updated uniforms.
The bank account balances as of October 1, 2020: Dime Bank
installed a new sign and a Veterans Memorial on the island in front of the building.
There are several projects that were delayed as the virus required that regulatory individuals work from home. The Fore- Bay that was scheduled to be constructed in late June has been impacted by the Stay at Home directive. The Fore-Bay is a project on Indian Drive at the Canoe storage facility. This project is the third phase of the Inlet Stabilization Plan that was developed by the Board several years ago. We are in the final stages of review regarding sediment removal from Lake Tanglwood. The initial phase of removal will cost approximately $160,000.00. The material will be stored in Geo-tubes on site at the Indian Drive Canoe Storage Facility. We are investigating the possibility of utilizing an adjacent property for storage as the transportation of the material would result in a considerable cost increase in the overall project. The thought process with Board approval is to move forward and start removing sediment next year pending final permits.
I want to thank all the members that voted in favor of making the Protective Covenants permanent. We need a total of 560 yes votes. We have secured 494 ‘yes’ votes as we move toward the Semi-Annual Meeting. The covenants are the document that provides the authority for the community to operate as a Planned Residential Community. The covenants are set to expire in the year 2043. The thought in addressing this issue now rather than later is that the expiration date will start to appear in title searches. You can stop at the Chalet to pick up a ballot if you have not voted. There is a large land development project that is being reviewed by the Palmyra Township. Pocono Lake Front submitted a proposal to develop the former White Beauty View Property. The upper portion of the property that borders Tanglwood is scheduled to be developed as a Cluster Development consisting of 198 individual homes on the 100- acre parcel. The proposal for the lakeside portion of the property is for the construction of four seven-story towers. The towers will include 100 condos. In addition, on this property the plan calls for an indoor and Outdoor Pool, Recreation Center, Tennis Courts and a Fire Pit. The entire project will be serviced by a treatment plant and existing wells on the property. The plans were
TANGLWOOD LAKES | AUGUST/SEPTEMBER 2021
