Salisbury Park News

                            October 2002

 
 

Salisbury Park

Homeowner’s Association

P.O. Box 68186

Raleigh, NC 27613

 

Board Of Directors

President:

Tim Edwards

Vice President/Secretary:

Barbara Dobbins

Treasurer:

Mike Jones

 

Committees:

Architectural Committee:

Chairperson: Vacant

Landscape Committee:

Chairperson: Melba McGee

Social/Informational Committee:

Chairperson: Vacant

Hospitality/Sunshine Committee:

Chairperson:  Jadine Lee

 

Directory:

Tom Cunningham & Jon Curtis

 

Website:

Pete Benda

 

Newsletter:

Vacant

 

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SPECIAL EVENTS:

2nd annual Halloween Party

The Larsons

8521 Riddle Place

For the younger members of our neighborhood.

Friday, November 1st, 2002

Party begins at 6pm.

Join us for a Chili dinner and the Haunted Garage!

Mark your calendars to join the Larsons for a ghoulish time!

 
 

GREETINGS!

 

Message from the President:

On September 7,  Judy Benda held the “hand-off” meeting passing the baton of responsibility from the outgoing SPHOA President (Judy Benda)  & Vice President (Dee Weaver)  to the oncoming board members.  I (Tim Edwards) will be serving President and Barbara Dobbins will serve as Vice President/Secretary.  Mike Jones will continue to serve as Treasurer.   I would like to thank Judy and Dee for serving on the SPHOA Board and for their personal contributions to this neighborhood. THANKS!!

 

The new board meets on the first Saturday of every month.  Should you have concerns or issues for the Board of Directors to address,  please document and  submit your item(s) in writing to one of the current Board members. 

 

CurrentFinancial Status:

As of August 31st the cash and  reserves were:

            $ 2,900 in Operating Account

            $ 13,900 in CD’s

After 2002 operating expenses are paid it is estimated our total cash and reserves at year-end to be approximately $ 5,000 - $ 6,000.   With the 2003 assessment we will collect approximately $ 23,700.  The SPHOA budget expenditures are approximately $ 20,000 annually.  Using $ 20,000 of the $ 23,700 to pay annual expenses the remaining $ 4,000 would be added to the $ 5,000- $ 6,000 2002 balance forward leaving a balance of approximately $ 9,000- $ 10,000 dollars after 2003 expenses. 

 

Examples of items not included in the budget which must be funded from cash and reserves and/or special assessments are entrance lighting,  landscaping additions (renovations), tree removal, storm debris clean-up, and/or snow removal.

 

The Dilemma:

With total available funds of $ 5,000 - $ 6,000 until the collection of 2003 assessment in the spring, a single hurricane or excessive snow fall could result in depletion of funds.   The board currently had to remove two trees from the Bridgeport entrance.  A pine tree had died and posed a threat to surrounding property and a Bradford pear tree had exceeded its lifespan and had begun losing large limbs posing harm to property. (continued)

 

 

 
 


 

 

(continued)  The Dilemma:

Entrance lighting at both Morgans Way and Bridgeport are in dire need of repair/replacement but must be deferred until funding is available.  These are a few of the items that are compromised due to the budgetary constraints.  The board is reviewing a potential rate increase for the 2003 assessment to begin building larger cash and reserves to avoid these funding dilemmas in the future. 

 

SPHOA Website:

Pete Benda has been working with Stonehenge Homeowners Association President, David Smith and webmaster  Steve Boase, to incorporate a URL link from the Stonehenge Homeowners Association website  www.Stonehengeliving.com, to a Salisbury Park website.  Pete is in the final stages of collecting the information for the website. The intent is to have  newsletters, by-laws, covenants and other important information posted for ease of access.  Stay tuned for more in the upcoming months. 

 

Christmas Party:

Plans are underway for our neighborhood Christmas party.  Anyone interested in serving on the committee  is invited to attend a meeting at Judy Benda’s house (1812 Caldbeck) on Thursday, evening, October 17th at 7:30pm.  The party is targeted for early December.

 

Hospitality Committee:

The Hospitality Committee is planning a progressive dinner for February. Everyone is invited.   If you are interested contact Judy Benda (847-3042) or Barbara Dobbins (676-7358).

 

Committee Chairpersons Needed:

The SPHOA board is currently seeking volunteers to serve as chairperson for Architectural Committee and the Social/Informational Committee.  If interested please contact a board member.

 

Newsletter Assistance:

If formatting and editing is your forte then your assistance would be appreciated with the development of the newsletter.  If interested please contact a board member.

 

Additional Community Notes:

  • If a streetlight burns out, check the number on the metal tag on the pole and phone CP&L for repair.
  • If a tree/tree limb falls and blocks the street, phone one of the board members.