PROPERTY OWNERS ASSOCIATION, INC.

Transcription

1 Corporate Administration Courtenay Pkwy. Merritt Island. Fl Commercial Division S. Courtenay Pkwy. Merritt Island. Fl Property Management W. Cocoa Beach Cswy. Cocoa Beach, A Sales Offices Cape Canaveral Astronaut 81vd. Cape Canawral. Fl Cocoa Beach N. Atlantic Ave. Cocoa Beach, Fl Downtown Cocoa Beach ortdo Ave. Cocoa!leach, A Merritt Island S. Courtenay Pkwy. Merritt Island. A Indialantic N. Miramar Ave. Indlalantlc. FI Palm Bay Malabar Rd., Suite Palm Bay, FI Port St.john Arabella Lane Port St. john, Fl Rockledge Executive Lane, Suite 1 Rockledge, FI Suntree/Viera N. Wickham Rd., Suite 12 Melbourne, Fl Titusville Garden St., Suite 5-6 Titusville, R Welcome Center Rentals/Sales 321-3M W. Cocoa leach Cswy. Cocoa Beach. Fl PROPERTY OWNERS ASSOCIATION, INC. November 16, 27 Bayside Lakes Commercial Center Property Owners Assoc., Ine. C/O Showcase Property Management 24 W. Cocoa Beach Causeway Cocoa Beach. FL 3293 I RE: 28 Approved Budget Dear Bayside Lakes Commercial Center POA Homeowners: This is your formal notification that at the Bayside Lakes Commercial Center Property Owners Budget/Board Meeting held November 7, 27 the 28 Budget was approved and is attached for your records. Enclosed you will find your 28 Billing Statement and a copy ofthe Budget/Board Meeting minutes for your records. Should you have any questions or concerns, please feel tree to contact me at your earliest convenience. Serving All of Brevard County!

2 1. Call to Order & Board Ouorum Established. Call to Order & Board Ouorum Established. Karen Gunn Bardot, Chet Bar and Roxanna Zylstra were present!tom Showcase Property Management. Duane Watson. George Chaboundy and Nib Hipsher were present from the POA Board of Directors. There were 12 members present and a sign in sheet is attached to these minutes. 2. Proof of MeetiDll Notice. Karen stated that the notice was mailed out to the pea Members with the 14-day requirement per Florida Statute. 3. Financial Review. a. Review & Approve 28 Proposed Budget. Management provided all present a copy of the revised 28 Proposed Budget. George extended his appreciation to Nika and Roxanna for working so hard on the preparation of the proposed budget. Nika informed the members presenthat any outstanding 25 & 26 gate expenses will be waived and that all of the 27 gate expenses will stand. Duane made a motion to approve the 28 Proposed Budget as attached to these minutes and Nika seconded that motion. MSC. There was concern trom the members presenthat the annual fees have not been due on January 31 II in the past since they did not receive the budget until February of the year due. George stated that per the POA documents that they are due by the end of January. Duane made a motion to waive late fees for the institutional owners until February 28,28 and for the residential until March 31, 28 and that for the commercial lots the due date will stand as January 31, 28 and Nika seconded that motion. MSc. b. Approve Increase on Fees for 28 Budget. It was reviewed that the annual fees did not increase except on the C-2 budget, of which is caused by the increase in security, which was already approved at a previous meeting. 4. Old Business. 8. Set Up Meeting D8te for Membership Meeting. The meeting was scheduled for January 16, 28 at 6:3 p.m. b. Other. None. BA YSIDE LAKES COMMERCIAL CENTER PROPERTY OWNERS ASSOCIATION, INC. c/o Showcase Property Management BUDGET/BOARD MEETING November 7, 27 6:3 P.M. ON-SITE CLUBHOUSE 5. New Business. a. Other. It was expressed the gratitude to the Gate Committee for getting the gate up and running. Roxanna will compile the bills that she has received and forward a billing for these expenses to the C2 Associatjons for reimbursement. Nika submitted a request to host a holiday event called Fun with Santa being hosted by Beth Dillard. A copy of the proposal and insurance documents are attached to these minutes. Nika made a motion to approve this request and waive the rental fee of the clubhouse for this event and George seconded that motion. MSc. Chet submitted his report as attached to these minutes. The lighting was discussed at great length. Steve Kougher will get with Chet to assist in this matter. Chet will George regarding the status of this.

3 The Architectural Committee was discussed. Duane will continue to chair this committee. Shirley Kiriako and George Volunteered to sit on this committee. Duane asked that the members approach the HOA's and ask for volunteers to sit on this committee. George stated that at the January 16th Membership Meeting the amendment increasing the number of Board members for the POA Board of Directors would be discussed and voted on at that time. 6. ODen Discussion There was discussion on who is the actual owner of the vacant lot that was sold by Ben Jefferies. Mary stated that the Department of Compliance is sending an inspector and the POA will be notified ftom the Department of Compliance. 1. Adjournment. There being no further business to discuss the meeting was adjourned at 7:56 p.m.?

4 BA YSIDE LAKES COMMERCIAL CENTER POA BUDGET/BOARD MEETING held on 11fl/27

5 Annual 28 Approved Budget Tuesday January I, 28 A + B Approved Budget - Bayside Lakes Bayside Lakes A & B Cash Budget Year Starts January 1,28 INCOME Income I2III Commercial Institutional Residential Income Income Income TOTAL INCOME 137, $1I per ecre ( ) SI.IS6.16 $ J 19, $ 315, per ecre (76.513) SO.41 per home (2364) EXPENSES Expenses Accounting Bush Hog Electric IrrigationlPumps Lawn Service Lawn Spray Legal Fee Mlllagement Fees Office & Postage Property Insurance R&M Lakes R&M Trees Repairs & Maintenance Taxes & Licenses Transfer to Reserves TOTAL EXPENSES.,8. 2,424. 6,..6,728. ".,. 1,2. 6,. S6,196. 3,6. 24,.. 9,6. 3,6.. 2,<4...,8. 3,.. 315,341. NET INCOME (LOSS) 1.83 * A & B Expenses Electric Irrig/Pumps Lawn Service Lawn Spray Insurance R & M Trees Rep & Maint Trans Reserves Total $ $ $ $ $ $ A 2. B $ 5,8. 1,. $ 36, ,. $ 95,. 4. $ 8. 16,Q.$ 8,. 9. $ 2,7. 1,2. $ 1,2. 1,. $ 2,. 57,7.$ 17, ,12. B- 7% Residential & 3 % Commercia"! nstltutional (7% Com mer & 3% of Institutional)

6 tlaysloe Lakes A & tl 1lnit I: Lot I 1 : Lot 1 11: Lot II 12: Lot 12 13: Lot : Lot : Lot : Lot I -4 (Lot I on replat) 14-1: Lot : Lot 1-4 (Lot 2 on replat) 15: Lot : Lot 1-5(tract a on replat 1-5-B: Lot I-S(TractB on replat 1-5-C: Lot I -S(Tract C on replat 1-5-: Lot I -S(Tract D on replat 1-5-REMAIN: Lot 1-5 Remainder 16: Lot 16 17: Lot : Lot : Lot 18 2: Lot 2 3: Lot 3 4: Lot 4 5: Lot 5 6: Lot 6 7: Lot 7 8: Lot 8 9: Lot 9 A: Lot A B:LotB C: Lot C C-I: Lot C-I C-I-BRIDGE: Lot C-I (Bridgewater) C-2: Lot C-2 C-3: Lot C-3 C-4: Lot C-4 C-5: Lot C-5 C-6: Lot C-6 C-7: Lot C-7 C-I: Lot C-8 I-J-C: Lot I-J K: Lot K K-I: Lot K-I K-2: Lot K-2 K-3: Lot K-3 K-4: Lot K-4 K-S: Lot K-5 K-6: Lot K-6 L: Lot L TOTAL COMMERCIAL INCOME I-I &; 2: Lot I-I &; 2 (ph II) \-1; Lot I-I (ph ry) 1-3 -A: Lot 1-3-A () 1-4: Lot 1-4 remainder I-J-I: Lot I-J TOTAL 'NTIITIONAf.IN(,OMI? 1, per acre Member East Coast Development Properties MY ROSE: My Rose Inc. RIVERSIDE: Riverside Nat'l Bank MCDONALDS: McDonalds Corporation WALGREEN: Walgreen Co - #6487 KEW, LLC-I: KEW LLC PALM BAY: Palm Bay Medical Office C SWEET: Sweet Spot of Palm Bay PALM BAY: Palm Bay Medical Office C PINEAPPLE: Pineapple Cove CENTIJR Y: Century 21- The Turner Gro QUINTON: Gordon D. Quinton ESCHER: Robert & Ruth Escher ESCHER: Robert & Ruth Escher ANDROMEDA: Andromeda Holdings 7-lJ: 7- II Jnc (Store 33326) GOMEZ: Juan & Maria Gomez KEW II, LL: KEW II, LLC ZAGRESS: Zagress & Valencia Inc. SES: SES Palm Bay LLC SES: SES Palm Bay LLC SES: SES Palm Bay LLC SPACE COAS: Space Coast Credit Union S&S: S&S Realty Investments SEMBLER: Sembler Family Partnershi M&R UNITED: M&R United Inc (O2-X) HARBOUR: National City Bank KEW, LLC-I: KEW LLC RIZNJCK: Qualified Intermediary PSP: PSP of Brevard Inc. KEW, LLC-l: KEW, LLC KEW III, LLC-I: KEW LLC TCP:TCP KEW, LLC-I: KEW LLC RIZNICK: Qualified Intermediary DEGROODT:Degroodtoperty KEW, LLC-I: KEW LLC ARTLEY: Artley KEW, LLC-l: KEWLLC NORTHRUP: Northrup Propeties, Inc. KEW, LLC-l: KEWLLC per acre GRACE: Grace Bible Church DIOCESE: Diocese of Orlando KEW, LLC-I: KEW LLC ODYSSEY: Odyssey Charter School &Ia&c ,. Annual Amount $1, $1,94.31 SI,589.7 S2, S2,421. $4,39.53 $6,71.54 $ SI,7.% $2,23.58 $1,468.2 $1, $1, $1,229.4 $5,874.8 $1,385.7 $1, $1, $6,181.2 $1, $1, $2,55.17 $1, $2,772.7 $1,328.8 $14, I $1, $1,99.87 $1, $1, $ $1,468.2 $9, SI,652.1I $1,468.2 $1, $1,284.4 $1,284.4 SI, $2,18.56 S24, $5,.58 $24.63 $24.63 $24.63 $24.63 $24.63 $358.1 $2,25.9 $137, $ $16,154.4" $3,76.96 $ $28,51.88 '" '

7 Kesloennal.4J per nome AMBER WOOD: Amberwood BRAMBLEWoo: Bramblewood Townhomes BRIDGEW ATE: Bridgewater at Bayside La BROOKSIDE: Brookside at Bayside Lake FAIRWAY: Fairway Isles at Bayside FAIRWAY: Fairway Isles-3 at Bayside FAIR WAY CR: Fairway Crossings at Bays FAIRWAY CR: Fairway Crossings II at Bays FOREST: Forest Glenn at Bayside L HOLLY TRAC: Holly Trace at Bayside La LAKE FORES: Lake Forest at Bayside La LAUREL: Laurelwood at Bayside Lak MAGNOLIA: Magnolia Park at Bayside MONTEREY: Monterey Cove at Bayside PLAYERS: Players Club at Bayside L STONEII: Stonebriar (( at Bayside STONEBRlAR: Stonebriar at Bayside Lak SUMMER: Summerfield at Bayside La WELLINGTON: Wellington at Bayside Lak $6,99.61 $ $12,3S.45 $S,O4I. S5, SI,361.7 $7, $11,191.2 $S,293.S $7, 1 S8.22 $4, $4,83.21 $S, $3, $3,327.6 S5,s9S.5 1 $11, $8,67.S2 $5, TOTAL RESIDENTIAL INCOME TOTAL INCOME A + B BUDGET 2364 $119, $315,358.83

8 C-1 Bayside Lakes Approved - S6S.3/home per year Bayside Cl Approved Budget Cash Budget Year Starts January 1,28 INCOME Income Clubhouse Rentals Residential Income RVlncome TOTAL INCOME I!IIII 6,. 153,73.92 $65.3 per lot (2364 Iota) 1S,16I.OO 174, EXPENSES Expenses AlIIIII System Bank Service Chqe Cable Carpets Cleaning Clubhouse Electric Equipment InipborVPumps lindsclpe Lawn Service Office 4 Postqe Pool SeMce 4 Maintenanc Repairs 4 Maintenance SIIIl}' 4 Taxes Security StorIF Pm T dephone Tennis Tl'IIISfer to Reserves W I8cr /Sewer IT I1I5h TOTAL EXPENSES , ,6. 24, ,14. 3,, 17,4. IJI3. 13,1. 6,. 36, , , ,893. NET INCOME (LOSS) 592

9 Bayside Lakes C-t Budget 65.3 per home AMBERWOOD: Amberwood BRAMBLEWoo: Bramblewood TowMomes BRIDGEW A TE: Bridgewater at Bayside La BROOKSIDE: Brookside at Bayside Lake FAIRWAY: Fairway Isles at Bayside FAIRWAY: Fairway Isles-3 at Bayside FAIRWAY CR: Fairway Crossings at Bays FAIR WAY CR: Fairway Crossings II at Bays FOREST: Forest Glenn at Bayside L HOLLY TRAC: Holly Trace at Bayside La LAKE FORES: Lake Forest at Bayside La LAUREL: Laurelwood at Bayside Lak MAGNOLIA: Magnolia Park at Bayside MONTEREY: Monterey Cove at Bayside PLAYERS: Players Club at Bayside L STONEII: Stonebriar II at Bayside STONEBRIAR: Stonebriar at Bayside Lak SUMMER: Summerfield at Bayside La WELLINGTON: Wellington at Bayside Lak $7, S5, S15, $6,53. $6, SI, $ 1, S $6, S9, $6, S5, S7,88.27 $4, $4, S7, SI4, SI 1, $7,88.27 TOTAL RESIDENTIAL INCOME 2364 $153,73.92

10 C-1 Bay.ide Lake. Approved Budget-S171.66/home per year Bayside C-2 Approved Budget Cash Budget Year Starts January I, 28 INCOME Income ResidentialIncome (C-2) TOT AI INCOME IIIfI! IOS, $ per lot (387 lots) IOS, EXPENSES Expenses Fountain Electric Irregation Pump Electric Sl1eCt Light Electric Lawn Service Gale Maintenance Security TOT At EXPENSES NET INCOME (WSS) 1.42

11 Bayside Lakes C-2 Budget per home BROOKSIDE: Brookside at Bayside Lake FOREST: Forest Glenn at Bayside L MAGNOLIA: Magnolia Park at Bayside MONTEREY: Monterey Cove at Bayside $27,166. $28,524.3 $29,61.94 $19, TOTAL RESIDENTIAL INCOME 387 $15,132.42

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