Summary Semi-Annual Homeowners Meeting November 2022
On Monday, November 14, 2022, the fall Semi-Annual Homeowners meeting was held
at the Abbottsford clubhouse.
The BOD wanted to provide you with a synopsis of the meeting. After introductions and
establishing a quorum, an update from the Abbottsford committees was presented that
summarized their work over the past year and their anticipated projects along with
expenses for 2023. A summary is provided below for your review.
Brad Pendleton provided a financial update by reviewing Year to Date income and
expenses. He also reviewed the opening of a Raymond James account to obtain better
interest rates for our reserve CDs and still have full FDIC protection for each of the CDs.
Next the proposed budget for 2023 was presented. There was a great deal of
discussion regarding the budget, particularly the proposed 15% monthly dues increase.
After all questions were answered, voting by paper ballot occurred. The final count of
votes from those in attendance as well as those who submitted a proxy was performed.
The budget passed with 43 Yes votes compared to 17 No votes. The new budget and
monthly dues of $345.00 per month will be effective January 1, 2023.
2023 Board Priorities and Projects:
Address landscape issues esp. those highlighted by drought such as dying trees
Begin replacement of irrigation system (at end of life)
Repair Pool, including deck, plumbing, and pump
Manage finances to stay on budget
Enhance neighborhood security
Increase engagement opportunities
Bring fiber internet capabilities to Abbottsford
The BOD and Cody thank you for your support and we will continue to work to make
Abbottsford the premiere community of Green Hills and the surrounding area.
Chris, Breck, Nancy, Brad, Ashley, and Cody
