GRISTMILL MEETING 05/15/2012
President,Nick Caletges,Our pool will open on Memorial
Day weekend or before depending on the weather. All our pool rules are important for the pleasure and safety for all residents and their guests.
One rule requests "Guests of residents are limited to 2 adults and 2 children per household and must be accompanied by a resident. This rule is especially important when more than one household wants to use the pool". Also, please limit the use of toy or 1 floating device per swimmer when a second household is using the pool. These 2 rules will make it more comfortable for our residents and guests. Please enjoy our pool this summer.
The good news:More people are coming to functions at the club house, and a need to free up space is obvious.
More good news:There are some lovely pieces that aren't usable in the club house anymore, such as the SOFA, the , ARMORIE, that holds the TV, and the COFFEE TABLE, but are quite nice for a larger facility.
Gristmill residents have the 1st choice: Of making quotes on any or all of the above. They will have 1 week (May 21-28) to drop their quote into the mailbox at the clubhouse door.
VicePresident,Peggy Gauck was absent from this meeting, however a list of activities was provided.
May 19 @ 10:00 AM Pool Cleanup
June 21 @ 5:00 PM Houston Inn Dinner
July 24 @ 11:30 AM Christmas in July lunch,Olive Garden
Treasurer, Joe Hartleroad, reported the financials through April were slightly over budget by $.9K. The over spending against budget was due to a timing issue associated with the Federal tax & audit payment. The actual payment was made in March, but the payment is budgeted in May.
As of April month end the Cash Reserves is $164K. The Cash Reserves are invested in three CDs. This money will be used to fund major long term expenditures such as paving road and driveways, concrete repair. roof replacements, associated swimming pool equipmeent, etc.
Total Cash for Operations was $30.4K. This money enhances our financial stability by having the means to handle any unplanned, abnormal expenditures that may occur without having to assess the homeowner.
As of February month end the Cash Reserves is $162.1K. TheCash Reserves are invested in four CD's. This money will be used to fund long term expenditures such as paving roads and driveways, concrete repair roof replacements associated swimming pool equipment, etc. A 32 year spending plan that shows projected long range expenditures is available in the clubhouse library for homeowners to review.
During the nest couple of months approximately $26K of Cash Reserves will be spent to pave the asphalt driveways. This planned project is part of the new 32 year long range plan approved by the board at the beginning of this year.
FIND IT ON WWW.GRISTMILLCROSSINGS.ORG
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Secretary, Barbara Roof is in charge of a $500. petty cash fund.. Any receipt spent for the Association for $75 or less should be turned into Barb for reimbursement.For thoes of you who plan an extended absence from the community should notify Barb Roof (893-2639) of an address where she coluld send news letters or other types of communications and the dates of departure and return; also if you have a computer available you could keep up to date by visiting our web site.
Maintenance, Tim O'Leary,The mulch around all the buildings has been completed. Some bushes will be replaced as requireds.
Clibhouse Committee: Pam O'Leary
Nothing to report
Other Comments:
The 2012 Gristmill Kentucky Derby was another huge success. A delicious buffet of Montgomery Inn pulled pork sandwiches, cole'slaw, baked beans, Italian meatballs, deviled eggs, veggie plate, snacks and dessert was provided through the extra efforts of Pam O"Leary, Jackie Brown and Peggy Gaulk as the party progressed there was a continuous flow of Gristmill's world renowed mint juleps provided by our personal bartender Nick Caletges. Then the bets were placed, the trumpet sounded and the horses were off. The winner was "I'll have another" whocame from behind to overtake the leaders in the down stretch. This race was a thriller to watch. The two $40 dollar betting pools totaling $80 were created to satisfy the demand for bets.
The winners are as follows:
1stPlace $20 Diane Moore & June Hensley (guest)
2ndPlace $10 Bob Snider & Tim O'Leary
3rdPlace $8 Barry Racey & Rita Yonkers
Last Place $2 Char Turner & Lou Bitner
Just a friendly reminder, it's the responsibility of the individual to report their winnings to the IRS. This also goes for all tips collected by the bartender, just joking.
NOTICE - NOTICE - NOTICE - NOTICE - NOTICE
If anyone in Gristmill Crossings has information, an idea or event that may be interedting to the community, please contact one of the oficers so that it may be considered for the news letter or the WEBSITE.
The news letter and website are maintained by Dick and Jackie Brown 887-7465.
The News Letter would be more meaningful if more residents would supply some input that may be of interest to the whole community.
The Board approved the following mission statement:
“It is the mission of the Board of Trustees to pursue the preservation of maintaining the beautification of the community while ensuring financial integrity and stability so as to maximize property values for all members of the Association.”
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