APPROVED MINUTES OF MAY 21, 2022 BOARD MEETING (8:00 AM) The meeting was called to order at 8:00 am by President Sandra LaPorte. All stood for the Pledge of Allegiance. Also present were Vice President Mark Ossont, second Vice President Bob Burns, Treasurer Bill Vaccaro, Vinny Budd, and Grace Zoccali. Bob Russo was excused. Community Manager Ralph Graf and Administrative Assistant Elisabeth Muller were also present. Motion by: Mark Ossont Second by: Bill Vaccaro To approve the minutes of March 2022, the executive session minutes of March 2022 and the executive session minutes of May 7, 2022. The motion passed unanimously. Treasurer’s Report, Bill Vaccaro: Treasurer’s Report, May, 2022
Account balances as of April 30, 2022 Dime Bank Money Market Operating New Capital Contractors
TOTAL OPERATING CAP.RSV. CIF OTHER $99,285 $99,285 $35,143 $35,143 $5 $5 $16,885 $16,885
Total All Dime Accounts: $151,318 PNC NBT HNB Vanguard TOTAL
$143,975 $143,975 $143,607 $143,607 $250,000 $250,000 $1,447,685 $1,447,685
$2,136,585 $544,925 $1,447,685$143,975 $16,885
Chalet Mortgage Balance a/o 04/31: $234,765 Receipts for 2022: Homes Lots Docks
87% $931,177 71% $144,923 100% $120,901
Cash Disbursements to date:
$288,458
Spending for Operations in January is $ 99,178. Large expenditures include: $15,819 for Audit & Professional fees, $9,800 for Dock Installation, $7,430 for Maintenance Building, $3,826 for Refuse & Recycling, $2,700 for Dam Inspection, $2,663 for gasoline. Reserve Spending: $2,816 Lake Tanglwood, $2,000 Chalet mortgage, $1,125 Kubota loan. New Capital Spending: $11,984 Returned to Operating Acct. (Maintenance Generator/Electric)
Motion by: Sandra LaPorte Second by: Grace Zoccali To approve the May 2022 Treasurer’s Report. The motion passed unanimously. Community Manager’s Report, Ralph Graf:
The docks at the beach property were installed a month ahead of schedule on April 15th. We did experience issues with the boat stickers due to a supply chain problem. The issue has been resolved and the stickers are at the Chalet. I have reached out to several propane vendors to secure pricing for the community. The information will be communicated to the members once we have pricing. The road paving has been delayed due to a late opening of the blacktop plant. The 21 roads that have been identified by Public Works are scheduled to be paved. The second phase of the sediment removal is now complete. The material will be stored in the Geo Tubes that are on property at the Canoe Storage Area. We were able to utilize the existing tubes as a cost saving measure. The neighboring lot the community owns will need to be prepped so that the sediment spread out. The new electrical panel at the maintenance complex has been installed and the generator and propane tank are in place.
The tables for the beach fire pit should be arriving shortly. The propane connection for the pit is scheduled for next week. PAGE 16
The new heating plant using propane heat is scheduled for the end of June at the maintenance complex. The unit will replace the existing oil heat. The beach access gate system has been updated with unrestricted access for our members. Please remember you will need your key fob to access the restroom facility at the beach.
There have been over 100 properties sold in the past 12 months. All new owners are encouraged to read the governing documents of the community. The information should have been provided at the closing on the property. We have booklets available at the Chalet for anyone who has not received the information. The nature trail has new signs identifying wildlife within the property. I want to thank the Environmental Committee for their efforts in securing and assisting with the installation of the signs. A second engineer has been retained to assess the spillway on the 18th hole of the golf course. The Gate Valve has been opened so that the engineer can view the cracks in the spillway to make a recommendation on repairs that the regulatory agencies will approve.
We are set for our annual chemical treatment of Lake Tanglwood. The Lake Manager for the community, Princeton Hydro, will be using the chemical ‘Reward’ for the treatment. We have enjoyed good success with this application. Please make sure that your current vehicle identification stickers are in place. The Safety Officers will be checking our amenities for compliance.
I have received requests from members that wish to serve on committees. A member in good standing can serve on a committee by emailing his /her intention to join a committee to the Community Manager. The request is referred to the committee chair and then to the Board for review. A member in good standing can attend a meeting as a guest.
There is a scheduled vote on a By-law change regarding the election to the Board of Directors that will be addressed at the member meeting. The amendment levels the playing field for all candidates and eliminates the need for a petition. In the event the members vote to approve the amendment we will have applications available on Tuesday should you want to consider running for the Board. Discussion regarding committees, Ralph Graf:
To join a committee, send an email to me (ralphtl@ptd.net). Your email will be sent to the committee chair, who will then send to the Board for approval. Committees must be Board-approved in order to be covered by insurance. Motion by: Bill Vaccaro Second by: Robert Burns To increase short term rental fees from $100 per rental to $200 per rental, and to increase the annual long-term rental fees from $300 to $500. The motion passed unanimously.
Motion by: Bill Vaccaro Second by: Mark Ossont To approve the clean audit from Wm. Owens Co. with two recommendations: remain mindful of the $250,000.00 FDIC limit and to keep several sets of eyes checking accounts. The motion passed unanimously. Motion by: Mark Ossont Second by: Bill Vaccaro To approve John Hosterman as a member of the Public Works and Budget & Finance committees. The motion passed unanimously. Motion by: Robert Burns Second by: Vinny Budd To approve Michele Furman and Chris Romo as members of the Entertainment & Recreation committee. The motion passed unanimously. Motion by: Grace Zoccali Second by: Mark Ossont To approve a change to Rule 215, Feeding Deer, Bear and other Animals.
Current Rule: 215 Feeding Deer, Bear and Other Animals. Feeding bear, deer or any other native animals on member property or TLCA property is prohibited. Staff shall be contacted if any animal exhibits unusual behavior or becomes aggressive towards humans. Fine $50.
Proposed Change: 215 Feeding of Animals. Feeding of bear, deer, or other native animals including feral cats and stray dogs and cats on member property or TLCA property is prohibited. Staff shall be contacted if any animal exhibits unusual behavior or becomes aggressive towards humans. Fine $50
TANGLWOOD LAKES | AUGUST/SEPTEMBER 2022
