1-14 Board Meeting Update (1/15/2025)

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Date
Jan 15, 2025
Thank you to everyone who came to the board meeting last night! For those of you who couldn’t make it, here are a few updates: • Top Notch is accepting payments online or by check. There are no late fees for January. • Collection for the $250,000 special assessment will begin on February 1st. We will resend the document that breaks down the assessment cost per unit over six months. • Payments are considered late on the 10th and will incur a late fee of $25 (starting in February).  • Please continue submitting maintenance requests, event requests, and other questions to the Top Notch portal (excluding requests for exterior siding repair/replacement -- we have this on a separate list with our SIRS report).  • Our events committee will provide updated event requirements at our next meeting. There will potentially be an increased fee for renting the clubhouse.   • A deposit has been submitted to Hartman & Sons to begin work on the stairs at 652, 144, and 670 for code enforcement compliance.  • The board voted on hiring Martell & Ozim to represent Lake Villas as our new attorneys. One priority is for them to assist in collecting delinquent assessments.  • We are seeking additional bids on project 186 and will update accordingly.  • Approved minutes and updated contact information are available on the Lake Villas website. • Please consider signing up for a committee!
Finally, see the attached PDF for Graeme’s financial update presentation. This includes a brief update on maintenance and SIRS items as well.   Our next board meeting will be held on Tuesday, February 11 at 7:00 p.m. Please let us know if you have any questions.  Thank you, Your Lake Villas Board