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FOUR SEASONS BREEZE | NOVEMBER 2015 21 Bistro Committee Architectural review Committee The Architectural Review Committee (ARC) is vested with the responsibility to review, and approve, or disapprove, all yard and house exterior work on owners' property. ARC does not seek to restrict individual creativity or personal preference, but rather ensure continuity in design, which will help preserve and improve the appearance of the community. Guidelines for submission of work applications are given in the CC&Rs, part 4, Architectural Guidelines and Standards. We have an opening on our committee. Anyone who is interested in joining or seeing the committee at work, please come to the next meeting. We meet on the first and third Wednesday of the month at 9 am in the Recreation Center North. ~ Carl Buschmann Homeowners are reminded of the Bistro operating hours: Tues. - Fri., 9 am -7 pm; Sat., 8 am - 7 pm; Sun., 8 am - 3 pm; Closed Mondays. Tuesday nights are Taco Nights, Thursday nights it's Italian and Friday night's Steak night. We meet the fourth Tuesday of each month at 11 am in the Lodge Conference Room. All homeowners are invited to attend. ~ Bill Taylor At our September meeting, the financial statements for August were reviewed and reflected the following significant items: Net Income year-to-date was $17,404 and total reserves were $5,010,341. The accounts receivable (delinquencies) was $41,844. Our total HOA expenses for July (excluding reserve allocations) were $233,181. This was under budget by $54,413. The Front Yard Cost Center expenses for August were under the monthly budget by $10,781. The Springdale Cost Center Expenses for August 2015 were under the monthly budget by $377. There were no CD renewals to be reviewed. Recommendations for reinvestment of money market account balances will be discussed at the next meeting. There were six vendor proposals presented and recommendations forwarded to the board. A report on the accounts receivable was given by Wayne Staples indicating that a total of only 12 accounts valued at approximately $39,000 are outstanding and all are being actively managed. The 2016 Springdale and Front Yard Cost Center Budgets were reviewed and were unanimously approved for presentation to the board. The master reserve study was reviewed and a recommendation sent to the board for adoption. Our next meeting is Nov. 24, at 1 pm in the Lodge Conference Room. ~ Noel Myers Finance Committee