Meeting Held 2/22/2012 At Arnold City Hall
Bill Moritz, our Councilman, spoke at the meeting:
• Ozark bridge situation
• Bayshore Apartments and subdivision problems
• Meth Lab on Ozark Drive
• Vandalism at the Golf Course
• New stores opening at the Arnold Commons
• Plans for the old Kmart site
• Michigan Ave. improvements
• Richardson roadwork
Projects in 2011
• Indentures were amended
• Boulders were moved to prevent drive-thru at end of Rosedale
• Island 3 was cleared of trees and shrubs
• Bench at Pond 1 was repaired
• Yearly pond clean-up
Projects in the Works
• Speed limit signs painted on streets &/or speed bumps
• Island 1 needs tree pruning (volunteer Rob has volunteered to assist and maintain Island 1 this year)
• Island 2 needs a lot of work
• We will be Mulching for 2012, Entrance & 3 Islands
• Yearly pond maintenance
• Light for the Rosedale entrance sign (needed but currently too expensive)
Projects in the Works
• Trustee elections
• Formation and adoption of Bylaws
Neighborhood Watch
• July had at least 9 burglaries
• This prompted the formation of a Neighborhood Watch in September
• The purpose of the Watch is not to patrol but to keep neighbors informed on crime prevention
• Regrettably several more burglaries have taken place
Trustee Elections
• Most Associations elect a Trustee by vote at an annual meeting with the person receiving the most votes becoming Trustee.
• Terms of the Trustees are staggered so that there is always experienced Trustees on the board
By Laws: What are they?
• By Laws are provisions for the Regulation and Management of our corporate affairs. They Do Not include legally enforceable Indentures or Covenants as they apply to real property. They must be consistent with laws and our Indentures. Basically, By Laws will describe How the Association will be run.
• For tax purposes and to protect us as from individual liability for grounds we own in common in Rosedale, we are incorporated with the state. Corporate law 355.116 requires us to adopt bylaws.
• They are a good thing to have; they outline procedures members and Trustees should follow in managing our affairs. They define our rights as members of the Association
Indenture Amendments
• Three of the four proposed amendments passed (the first changes since Incorporation)
• 2/3 of Rosedale lots can now amend the Indentures
• Trustees will have a yearly budget, spend money to maintain and enhance Rosedale, and can contract work as needed
• Defined the duties of the Trustees
• Amendment 10 did not pass
• Increases assessment fees plus adding a maximum limit
• Rosedale Subdivision assessment fees are amongst the lowest in the region
• Our expenses are still greater than our income
Finances
• 108 Residents paid in 2011
• 6 residents have LIENS (owe 2011 & multiple years), 1 Resident Vacant
• 2011 incoming Assessment Payments : $10,800
• Ameren $4015.82
• Liability Insurance $1931.00;
• Common Ground Maintenance $5100.00
• Legal Fees $239.03
• Office Supplies/Postage $53.37
• Total Expenses: $11,339.22
• 2012 Starting Balance: $3,621.98
• 86 residents have paid for 2012. $198.90 collected in delinquencies
• 5 LIENS in PLACE. 1 Lien Removed. Unanimous decision to put another lien on the 5 residents for fees due from 2009
