The 4th quarter board meeting was held on 20 Oct 2020 at the home of Mark Jenner. The agenda included approving minutes from the 3rd quarter meeting and reviewing issues from previous meetings. The budget and financials were reviewed and the meeting was opened to new business.
The Board reviewed the zoning change requested by Ms. Brandi Viator on Oakenshield Ln, current building projects in Stablewood and pending Architectural (ARC) reviews and complaints. We reviewed the addition of an additional security camera suite at the entrance and finalized the install and payment.
The annual budget was reviewed in preparation of next years budget and the determination of a dues adjustment. Based on current projections the Association should end the year just under budget. Even though we increased expenditures in maintenance (fence staining, additional security cameras) we received a refund on our legal expense retainer and again had no social event for the year due to COVID.
We are seeing an increase in utility bills and expecting an increase in Insurance and Management cost. For these reasons the Board voted to keep the dues static at $400 per year and depending on outcomes the next Board may consider a dues holiday in FY 2022
The Annual meeting will be held on Tuesday, 8 Dec 2020 at 7PM. Currently The Oak’s is not allowing use of the Club House due to COVID restrictions. We are asking all members to maximize the use of proxies prior to the annual meeting. If we can reduce the physical footprint to 10-12 people, each having a proxy from a friend/neighbor we can execute the Annual Meeting with minimal physical interaction. We may do the meeting virtually from 4 or 5 locations.
Please consider participating as a Board member or a committee member next year.
Stablewood Property Owners Association 
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